A Model Of Technology Development And Adoption

James Schmitz

No 292685, SSRI Workshop Series from University of Wisconsin-Madison, Social Systems Research Institute

Abstract: This paper develops a simple model in which both the development and adoption of innovation are determined in equilibrium. The model is used to examine a number of issues involving the development and subsequent use of innovation. For example, conditions are derived under which increases in imitation protection lead to a less "progressive" industry and decreases in expected welfare. The importance of studying these dimensions jointly is also highlighted by showing that policies which spur R&D can retard licensing, and to an extent which negates the increased R&D efforts.

Keywords: Research; Methods/Statistical; Methods (search for similar items in EconPapers)
Pages: 25
Date: 1986-07
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/292685/files/uwmad-0037.PDF (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:uwssri:292685

DOI: 10.22004/ag.econ.292685

Access Statistics for this paper

More papers in SSRI Workshop Series from University of Wisconsin-Madison, Social Systems Research Institute Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().