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The Diffusion of New Process Technologies:International Comparisons

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Author Info
Stoneman, Paul () (University of Warwick, Warwick Business School)
Canepa, Alessandra () (University of Warwick, Warwick Business School)

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Abstract

Using data derived from a number of stand alone surveys in different countries, this paper explores international differences in the paths of diffusion of new manufacturing technologies. It is observed that diffusion paths are technology specific and that no one country either in Europe or North America can be said to exhibit faster, earlier or more extensive diffusion for all technologies than other countries. Using results in the public domain it is also argued that the main driving forces behind diffusion patterns are those generally classified as epidemic and rank effects. Building upon this, the rationale for policy intervention in the diffusion process is discussed and the effectiveness of different policy instruments considered.

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File URL: http://www.intech.unu.edu/publications/eifc-tf-papers/eifc03-15.pdf
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Publisher Info
Paper provided by United Nations University, Institute for New Technologies in its series EIFC - Technology and Finance Working Papers with number 15.

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Date of creation: 2002
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Handle: RePEc:dgr:unutaf:eifc03-15

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Web page: http://www.intech.unu.edu

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Related research
Keywords: Innovation; Finance; R&D; Industry;

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This item is featured on the following reading lists:
  1. Industrial Sociology (FCT-UNL)
References listed on IDEAS
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  1. Stoneman, Paul & Kwon, Myung-Joong, 1994. "The Diffusion of Multiple Process Technologies," Economic Journal, Royal Economic Society, vol. 104(423), pages 420-31, March. [Downloadable!] (restricted)
  2. Ireland, N & Stoneman, P, 1986. "Technological Diffusion, Expectations and Welfare," Oxford Economic Papers, Oxford University Press, vol. 38(2), pages 283-304, July. [Downloadable!] (restricted)
  3. Stoneman, Paul & Kwon, Myung Joong, 1996. "Technology Adoption and Firm Profitability," Economic Journal, Royal Economic Society, vol. 106(437), pages 952-62, July. [Downloadable!] (restricted)
  4. Stoneman, Paul L & David, Paul A, 1986. "Adoption Subsidies vs Information Provision as Instruments of Technology Policy," Economic Journal, Royal Economic Society, vol. 96(380a), pages 142-50, Supplemen. [Downloadable!] (restricted)
  5. Massoud Karshenas & Paul L. Stoneman, 1993. "Rank, Stock, Order, and Epidemic Effects in the Diffusion of New Process Technologies: An Empirical Model," RAND Journal of Economics, The RAND Corporation, vol. 24(4), pages 503-528, Winter. [Downloadable!] (restricted)
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