Technological Diffusion Patterns and their Effects on Industrial Dynamics
AbstractBy focussing on cumulativeness and spillover effects of technological knowledge, theories on technological regimes are predominantly supply side oriented in explaining industrial dynamics. This paper introduces demand side considerations as an additional explanation for industrial dynamics. Given variations in consumer preferences over quality and network sizes of technologies, and different degrees of compatibility between succeeding technologies, we investigate how the resulting differences in the timing and frequency of new technology adoptions effect the industrial dynamics. The simulation results of the model indeed suggest a relationship between different patterns of new technology adoptions and the dynamics of the firm population.
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Bibliographic InfoPaper provided by DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies in its series DRUID Working Papers with number 00-6.
Date of creation: 2000
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Web page: http://www.druid.dk/
tecnological knowledge; demand; consumer preferences; industrial dynamics;
Find related papers by JEL classification:
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O14 - Economic Development, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
- C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2000-07-11 (All new papers)
- NEP-IND-2000-07-11 (Industrial Organization)
- NEP-INO-2000-07-11 (Innovation)
- NEP-TID-2000-07-11 (Technology & Industrial Dynamics)
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