The diffusion of multiple process technologies.

The simultaneous diffusion of multiple process technologies is analyzed. A theoretical model of the diffusion of a new process technology is advanced that takes account of the existence of another new technology that is simultaneously diffused. The theory indicates that the degree of complementari...

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Detalles Bibliográficos
Publicado en:Economic Journal Vol. 104; pp. 420 - 432
Autores principales: Stoneman, Paul, Kwon, Myung Joong
Formato: Artículo
Publicado: Wiley-Blackwell March 1994
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: The diffusion of multiple process technologies.
      aug:
        au:
          Stoneman, Paul
          Kwon, Myung Joong
      su:
        Diffusion of innovations
        Technological innovations
        Mathematical models
      sug:
        subj:
          Diffusion of innovations
          Technological innovations
          Mathematical models
      ab: The simultaneous diffusion of multiple process technologies is analyzed. A theoretical model of the diffusion of a new process technology is advanced that takes account of the existence of another new technology that is simultaneously diffused. The theory indicates that the degree of complementarity between technologies is an important factor influencing the order and the dates of adoption of technologies. It is demonstrated that there is a direct relationship between the degree of complementarity and simultaneous adoption and adoption rates. The model is employed to explore empirically the joint diffusion of numerically controlled machine tools and coated carbide tools in the United Kingdom.
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      doctype: Article
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    language: English
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