Technological Diffusion and Investment Decision

Evgeny Balatsky

Journal of the New Economic Association, 2012, vol. 15, issue 3, 10-34

Abstract: The article offers the model of investment decision, which allows to understand the microeconomic motivation of the company, when it chooses between the imitation and innovation strategies. Proposed and tested applied method for estimation of the technological frontier, which allows the change from the regime of borrowing technologies to the regime of their creation. The author gives the interpretation of technological changes in terms of technological traps theory.

Keywords: investment; innovation; imitation; technology; diffusion; technological trap (search for similar items in EconPapers)
JEL-codes: O12 O16 O22 O33 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:nea:journl:y:2012:i:15:p:10-34

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