 The Diffusion Of Multiple Technologies: An Empirical StudyPaul Stoneman and Otto Toivanen Economics of Innovation and New Technology, 1997, vol. 5, issue 1, 1-17 Abstract: The simultaneous diffusion of several technologies is studied. We build a modcl that encompasses recent theoretical arguments on diffusion and cxtend these to the multipie technologies case. The model is estimated using a panel of data on UK manufacturing industries relating to the diffusion of five technologies: Computer Numerically Controlled machine tools, Numerically Controlled machine tools. coated carbide tools, computers and microprocessors. We find mixed evidence on a stock effect and some support for an epidemic effect but less than in earlier studies. We are unable to and empirical support for order effects or expectational variables. Our results show that technological and strategic interdependencies between individual technologies do afect thc diffusion path. Keywords: diffusion; hilzard exitnation; multiple technologies JEL classification: L13; O33 (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:taf:ecinnt:v:5:y:1997:i:1:p:1-17 Ordering information: This journal article can be ordered from DOI: 10.1080/10438599700000005 Access Statistics for this article Economics of Innovation and New Technology is currently edited by Professor Cristiano Antonelli More articles in Economics of Innovation and New Technology from Taylor & Francis Journals |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.