Widespread adoption of a new capital-embodied technology often requires a continuous flow of incremental innovations, aimed at making renting the new machine a viable alternative to buying it, or at dividing it up in modular elements, and possibly allowing for product range extension. Incremental innovations of this kind are quite different from those considered by diffusion models based upon threshold models of adoption, as illustrated both by a re-visitation of Paul David's classic paper on the diffusion of the mechanical repaer, and my own study on electronic prepress devices.
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Paper provided by KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy in its series KITeS Working Papers with number
116.
Length: 27 pages Date of creation: Sep 2000 Date of revision:
Sep 2000 Handle: RePEc:cri:cespri:wp116
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