The sustained rate of technological change in the telecommunications industry has opened up significant windows of opportunities for telecommunications networks operators to develop value-added services and multimedia applications. The growth of the Internet raises the issue of a possible...

We provide evidence on the influence of expectations and network effects on the timing of technological adoption. By considering a sample of SMEs operating in Italy we focus on the determinants of their decision to adopt Fast Ethernet, a communication standard for Local Area Networks (LANs). We...