Canton, E.J.F.; de Groot, H.L.F.; Nahuis, R. - Tilburg University, Center for Economic Research - 1999
firms’ efficiency are not adopted. This paper explains these observations by emphasizing that a new technology positively … the new technology. If the costs of adoption for workers exceed the benefits, they will aim at keeping the old technology … favours economic growth as it increases the share of the rent associated with the new technology that is being captured by the …