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The Diffusion Of Multiple Technologies: An Empirical Study

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  • Paul Stoneman
  • Otto Toivanen

Abstract

The simultaneous diffusion of several technologies is studied. We build a modcl that encompasses recent theoretical arguments on diffusion and cxtend these to the multipie technologies case. The model is estimated using a panel of data on UK manufacturing industries relating to the diffusion of five technologies: Computer Numerically Controlled machine tools, Numerically Controlled machine tools. coated carbide tools, computers and microprocessors. We find mixed evidence on a stock effect and some support for an epidemic effect but less than in earlier studies. We are unable to and empirical support for order effects or expectational variables. Our results show that technological and strategic interdependencies between individual technologies do afect thc diffusion path.

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Bibliographic Info

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

Volume (Year): 5 (1997)
Issue (Month): 1 ()
Pages: 1-17

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Handle: RePEc:taf:ecinnt:v:5:y:1997:i:1:p:1-17

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Related research

Keywords: diffusion; hilzard exitnation; multiple technologies JEL classification: L13; O33;

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Cited by:
  1. David Popp, 2010. "Exploring Links Between Innovation and Diffusion: Adoption of NO X Control Technologies at US Coal-fired Power Plants," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 45(3), pages 319-352, March.
  2. Cristiano Antonelli, 2006. "Diffusion as a Process of Creative Adoption," The Journal of Technology Transfer, Springer, vol. 31(2), pages 211-226, 03.
  3. Spyros Arvanitis & Marius Ley, 2013. "Factors Determining the Adoption of Energy-Saving Technologies in Swiss Firms: An Analysis Based on Micro Data," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 54(3), pages 389-417, March.
  4. Bonilla, Jorge & Coria, Jessica & Mohlin, Kristina & Sterner, Thomas, 2014. "Diffusion of NOx abatement technologies in Sweden," Working Papers in Economics 585, University of Gothenburg, Department of Economics.
  5. Jane Bourke & Stephen Roper, 2012. "In with the new: the determinants of prescribing innovation by general practitioners in Ireland," The European Journal of Health Economics, Springer, vol. 13(4), pages 393-407, August.
  6. Battisti, Giuliana & Stoneman, Paul, 2005. "The intra-firm diffusion of new process technologies," International Journal of Industrial Organization, Elsevier, vol. 23(1-2), pages 1-22, February.
  7. A. Canepa & P. Stoneman, 2004. "Comparative international diffusion: Patterns, determinants and policies," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 13(3), pages 279-298.
  8. Nicholas Oulton, 2001. "ICT and productivity growth in the United Kingdom," Bank of England working papers 140, Bank of England.
  9. David Popp, 2006. "Exploring Links Between Innovation and Diffusion: Adoption of NOx Control Technologies at U.S. Coal-Fired Power Plants," NBER Working Papers 12119, National Bureau of Economic Research, Inc.
  10. Stoneman, Paul & Canepa, Alessandra, 2002. "The Diffusion of New Process Technologies:International Comparisons," EIFC - Technology and Finance Working Papers 15, United Nations University, Institute for New Technologies.
  11. Ana Faria & Paul Fenn & Alistair Bruce, 2002. "Determinants of adoption of flexible production technologies: Evidence from portuguese manufacturing industry," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 11(6), pages 569-580.

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