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This paper considers the observational implications of social influences on adoption decisions for an environment of perfect foresight adopters. We argue that social influences can produce two observable effects: 1) discontinuities in unconditional adoption curves and 2) pattern reversals in...
Persistent link: https://www.econbiz.de/10013152509
effect that domestic innovation and technology diffusion have in explaining differences in productivity across countries and … domestic innovation than lower-income countries, whereas lower-income countries benefit more from technology diffusion; and (ii … innovation and technology diffusion are endogenous sources of comparative advantage …
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.Main research areas covered by the model extension are directed technological change, innovation diffusion and technology …
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We analyze recent contributions to growth theory based on the model of expanding variety of Romer (1990). In the first … development and fluctuations. In many such applications, a key role is played by complementarities in the process of innovation …
Persistent link: https://www.econbiz.de/10012713370
This paper considers the observational implications of social influences on adoption decisions for an environment of perfect foresight adopters. We argue that social influences can produce two observable effects: 1) discontinuities in unconditional adoption curves and 2) pattern reversals in...
Persistent link: https://www.econbiz.de/10012463584
, dass sich die Öffnung des Landes zunächst nicht nur positiv auf den Technologietransfer, sondern auch auf den Umfang der …
Persistent link: https://www.econbiz.de/10011934173
Recent innovation literature has documented the benefits of cross-pollination of ideas across a wide set of industries …
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