Information technology (IT) has become an integral part of an enterprise's organizational life recently and represents an increasingly important factor for all kinds of organizations, since the services it provides have become almost essential by now for all types of enterprises in the European...

Cross-country or cross-industry studies of technology diffusion typically estimate how independent factors affect diffusion speed or timing, often based on a two-stage approach. In many applications, however, countries (industries) differ most in the saturation level of diffusion. In a novel,...