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Autor | Georg Götz |
Titel | Monopolistic competition and the diffusion of new technology |
Zeitschrift | The RAND Journal of Economics |
Datum | Winter 1999 |
Jahrgang | Vol. 30 |
Nummer | 4 |
Seiten | 679-693 |
Anmerkung | p. 679, footnote: "Earlier versions of this article were presented at the 1996 Econometric Society European Meeting in Istanbul, at the 1996 FAKIR conference in Vienna, and at the 1996 N1RTROR conference in Maastricht." |
URL | https://www.jstor.org/stable/2556070 |
Literaturverz. |
no |
Fußnoten | yes |
Fragmente | 1 |
[1.] Svr/Fragment 106 10 - Diskussion Zuletzt bearbeitet: 2020-04-28 22:10:54 WiseWoman | Fragment, Gesichtet, Götz 1999, SMWFragment, Schutzlevel sysop, Svr, Verschleierung |
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Untersuchte Arbeit: Seite: 106, Zeilen: 10-16 |
Quelle: Götz 1999 Seite(n): 679, 680, Zeilen: 679: 22 ff.; 680: 1 f. |
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Underlying assumption of this diffusion matrix is that adoption costs of XML/EDI are assumed to be falling over time. Diffusion is assumed to be sequential rather than simultaneous. There are two reasons for this assumption. Potential users of a new technology may differ in a way that the expected returns from adoption are different due to firm size, market share, R&D expenditure, etc. Differences in prior believes [sic] about the ‘true’ profitability of a new technology [may result in different expected benefits from adoption and therefore in distinct adoption dates.] | Adoption costs are assumed to be falling over time. Diffusion, i.e., sequential rather than simultaneous adoption by individual firms, may result for two reasons.
(i) Rank effects: the potential users differ with respect to the (expected) returns from adoption. The reasons arc differences in firm size, R&D expenditures, market [page 680] shares (see Karshenas and Stoneman, 1993, 1995), or even the prior beliefs about the profitability of a new technology (see Jensen, 1982). JENSEN, R. "Adoption and Diffusion of an Innovation of Uncertain Profitability," Journal of Economic Theory, Vol. 27 (1982), pp. 182-193. KARSHENAS, M. AND STOREMAN, P.L. "Rank, Stock, Order, and Epidemic Effects in the Diffusion of New Process Technologies: An Empirical Model", RAND Journal of Economics, Vol. 24 (1993), pp. 503-528. ______ AND ______ "Technological Diffusion." In P. Stoneman, ed., Handbook of the Economics of Innovation and Technological Change. Cambridge, Mass.: Blackwell, 1995. |
The source is not given. Two pages earlier there is a reference to Götz (1996), however there is no entry in the reference list for such a paper. |
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