Bratberg, Espen; Risa, Alf Erling - In: Economics of Innovation and New Technology 4 (1995) 1, pp. 27-40
Explanations of technological diffusion focus on information being spread by epidemic processes, on profit heterogeneity, or oligopolistic competition. The model in this paper integrates the epidemic and the heterogeneity-based approaches. Predictions are tested on Norwegian data concerning the...