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In this paper, we formulate a differential game model to investigate firms’ competition in both price and product R&D. The significant features of our research include: (i) incorporating the factor of network effects into the framework of continuous dynamic competition; (ii) considering the...
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This paper studies the diffusion of multiple, related technologies among firms. The results suggest an endogenous acceleration mechanism of technology adoption: The more advanced a firm is in using a particular set of technologies, the more likely it is to adopt additional, related technologies....
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The present study has attempted to explore personal disposition of individuals towards technology adoption through the development of an index named as Technology Adoption Index. For developing the index, exploratory factor analysis approach has been employed on the sample of 1201 responses...
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Using data from a randomised experiment in Kenya, we estimate the causal effect of social networks on technology adoption. In this experiment, farmers were invited to information sessions about the use of Tissue Culture Banana (TCB), an in vitro banana cultivation technology. We find that an...
Persistent link: https://www.econbiz.de/10013230019