Discuss on emergence of virtual reality.Using the PDF provided, Describe the emergence of the virtual reality industry and propose a strategic direction for HTC based on the roles of visionaries, early adopters, and followers(strategically how should you position etc).
Questions to answer within essay:
-what’s the structure of this industry?
-Are there lots of small firms or a few big firms?
-What is the state of technology?
-how many people actually have virtual reality headsets?
-what role does the government play in this industry?
Use the 7 elements to describe the emergence of the virtual reality industry: 7 elements are-
1. firm strategy
2.technology development
3.investment
4.supply networks
5.production
6.government
7.markets