Final answer:
The slow rate of adoption of the new Apple watch in developing country markets with low rates of literacy can be attributed to generational and cultural gaps, lack of supportive economic infrastructure and institutions, and educational limitations caused by low rates of literacy.
Step-by-step explanation:
The slow rate of adoption of the new Apple watch in developing country markets with low rates of literacy can be attributed to certain characteristics of innovation. One of the key characteristics is the generational and cultural gaps that often occur due to the rapid pace of innovation. Older generations, who may struggle to adopt new technology, can be skeptical and resistant to change. Additionally, the lack of supportive economic infrastructure and institutions in low-income countries can hinder the adoption and use of new technology. Finally, the educational limitations caused by low rates of literacy can also slow down the adoption process.