implications of two interdependency types that are not adequately addressed in the existing literature: early adoption advantages … (EAAs) and institutional change (IC). EAA corresponds to the use-value that agents create with the innovation, if they can … initial state before the launch of the innovation. Once it is launched, however, non-adoption becomes an even worse state …

diffusion of technological innovation. This study shows, using global data of countries, that institutional change, based on a … relation between technological innovation and level of democracy can be explained with following factors: higher economic … technological innovation can sustain best practices of political economy for the development of economies in the presence of …

origin and diffusion of technological innovation across economies. This study suggests that institutional change, based on a … of technological innovation, can propose best practices directed to support a higher economic freedom in society … technological innovation to govern the development of economies in the presence of globalization and geographical expansion in world …