This paper presents a History Friendly Model which addresses the issue of the bifurcation in technological stylesʺ between US and Britain during the nineteenth century. The model aims at gaining a better understanding of the micro-dynamics that gave rise to different patterns of innovation in...

We consider a sample of IT managers in SMEs in Italy and investigate what influences their evaluation of the objectives of, the obstacles to and the drivers of ICT adoption. Our results show that adoption decisions are highly path-dependent, as managers' perceptions of the benefits of...

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...