Technological Diffusion and the Financial Environment
AbstractThis paper considers reasons why financial factors may impact upon the diffusion of new technology and potential means of furthering research upon this topic. The main aim of this paper is to undertake some preliminary discussion of how and why financial factors may impinge upon the diffusion process. Given that there is a close relation between the analysis of diffusion and the analyses of investment and R&D we proceed by first exploring the arguments that have been presented as to why financial factors may play a role in the determination of these. We then discuss the parallels with diffusion. This leads to some conclusions as to how the financial environment within which firms operate may impact upon the diffusion process. In a final section we discuss how this issue may be further researched.
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Bibliographic InfoPaper provided by United Nations University, Institute for New Technologies in its series EIFC - Technology and Finance Working Papers with number 3.
Date of creation: 2001
Date of revision:
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Web page: http://www.intech.unu.edu
New Technologies; R&D; Diffusion of Innovations; Investment; Finance;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2002-02-10 (All new papers)
- NEP-ENT-2002-02-10 (Entrepreneurship)
- NEP-INO-2002-02-10 (Innovation)
- NEP-MFD-2002-02-10 (Microfinance)
- NEP-TID-2002-02-10 (Technology & Industrial Dynamics)
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