Intra-Firm Diffusion, Learning and Profitability
In this paper we construct a model of the diffusion process based on means-variance approach to the choice of techniques. We show under what conditions S shaped diffusion curves can be predicted and consider the resultant relationship between diffusion speed and profitability. In a world of constant profitability we show that the shape of the diffusion curve and the determinants of the diffusion speed depend crucially on the nature of the mechanism by which the entrepreneur learns. If profitability is changing we show that diffusion speeds depend on the speed at which profitability increases and its determinants.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
|Date of creation:||1978|
|Date of revision:|
|Contact details of provider:|| Postal: CV4 7AL COVENTRY|
Phone: +44 (0) 2476 523202
Fax: +44 (0) 2476 523032
Web page: http://www2.warwick.ac.uk/fac/soc/economics/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:wrk:warwec:135. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Helen Neal)
If references are entirely missing, you can add them using this form.