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Abstract
This paper's aim is to identify and examine the key technical attributes that propel product innovation, facilitating the prediction of swiftly evolving technological trajectories. The present study introduces the hedonic pricing method and various other approaches, which have been employed in the context of smartphone technology, comprising a sample of 738 models spanning from 2008 to 2018. The findings indicate that the progression of smartphone technology is primarily steered by technical features related to the perceptual experience of users, including the resolution in total pixels, the first and second camera in megapixels (Mpx), and storage capacity (RAM and memory in gigabytes, Gb). Implications for innovation product management are also deliberated upon.
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