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Why and how innovations get adopted: a tale of four models

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Author Info
Richard R Nelson
Alexander Peterhansl
Bhaven Sampat

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Abstract

Scholars studying innovation have proposed several different models of the adoption process. This essay identifies two broad dimensions which differentiate the principal models: the strength of the evidence regarding an innovation's efficacy and the extent of increasing returns. In this essay, we propose that differences across these dimensions map to four models of the adoption/diffusion process prominent in the literature. We then analyze the diffusion patterns of six well-studied innovations in terms these variables, and discuss which models seems to fit them best. Copyright 2004, Oxford University Press.

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Publisher Info
Article provided by Oxford University Press in its journal Industrial and Corporate Change.

Volume (Year): 13 (2004)
Issue (Month): 5 (October)
Pages: 679-699
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Handle: RePEc:oup:indcch:v:13:y:2004:i:5:p:679-699

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  1. Giorgio Fagiolo, 2005. "A Note on Equilibrium Selection in Polya-Urn Coordination Games," Economics Bulletin, Economics Bulletin, vol. 3(45), pages 1-14. [Downloadable!]
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  2. Sylvain Bureau, 2006. "La professionnalisation des nouveaux métiers liés aux technologies de l'information et de la communication : un déterminant dans les processus d'organisation d'une fonction ? Le cas des technologie," Post-Print hal-00137437_v1, HAL. [Downloadable!]
  3. Martin Hohnisch & Sabine Pittnauer & Dietrich Stauffer, 2006. "A Percolation-Based Model Explaining Delayed Take-Off in New-Product Diffusion," Bonn Econ Discussion Papers bgse9_2006, University of Bonn, Germany. [Downloadable!]
  4. Alexander Frenzel Baudisch & Hariolf Grupp, 2006. "Evaluating the market potential of innovations: A structured survey of diffusion models," Jenaer Schriften zur Wirtschaftswissenschaft 21/2006, Friedrich-Schiller-Universität Jena, Wirtschaftswissenschaftliche Fakultät. [Downloadable!]
  5. Alex Bryson & Rafael Gomez & Tobias Kretschmer, 2005. "Catching a Wave: the Adoption of Voice and High Commitment Workplace Practices in Britain: 1984-1998," CEP Discussion Papers dp0676, Centre for Economic Performance, LSE. [Downloadable!]
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