Advanced Search
MyIDEAS: Login to save this article or follow this journal

Innovative cardiological technologies: a model of technology adoption, diffusion and competition

Contents:

Author Info

  • Thomas Grebel
  • Tom Wilfer

Abstract

Technology diffusion of medical innovations is a complex evolutionary process. The specificities on the demand as well as on the supply side have a crucial impact on their diffusion paths. This paper aims to investigate the diffusion process of two competing innovative technologies in the health care sector. The case of percutaneous aortic valve replacement in heart medicine serves as an example. A simple model illustrates the decision-making process of adopters and suppliers that shape the evolution of a new market. Thereby, network externalities and individual learning bias the market outcome such as increasing returns to adoption and may lead to technological 'lock-ins'.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.tandfonline.com/doi/abs/10.1080/10438590802482019
Download Restriction: Access to full text is restricted to subscribers.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Economics of Innovation and New Technology.

Volume (Year): 19 (2010)
Issue (Month): 4 ()
Pages: 325-347

as in new window
Handle: RePEc:taf:ecinnt:v:19:y:2010:i:4:p:325-347

Contact details of provider:
Web page: http://www.tandfonline.com/GEIN20

Order Information:
Web: http://www.tandfonline.com/pricing/journal/GEIN20

Related research

Keywords: technological change; adoption decisions; diffusion processes; competing technologies; network externalities; medical equipment;

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Spyros Arvanitis & Euripidis N. Loukis, 2014. "Investigating the Effects of ICT on Innovation and Performance of European Hospitals: An Exploratory Study," KOF Working papers, KOF Swiss Economic Institute, ETH Zurich 14-366, KOF Swiss Economic Institute, ETH Zurich.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:taf:ecinnt:v:19:y:2010:i:4:p:325-347. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.