Adoption of New Technology

Bronwyn Hall and Beethika Khan

No 9730, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: The contribution of new technology to economic growth can only be realized when and if the new technology is widely diffused and used. Diffusion itself results from a series of individual decisions to begin using the new technology, decisions which are often the result of a comparison of the uncertain benefits of the new invention with the uncertain costs of adopting it. An understanding of the factors affecting this choice is essential both for economists studying the determinants of growth and for the creators and producers of such technologies. Section II of this article discusses the modeling of diffusion and Sections III to V explore the determinants of diffusion and the evidence for their importance.

JEL-codes: L1 O3 (search for similar items in EconPapers)
Date: 2003-05
New Economics Papers: this item is included in nep-dev and nep-ino
Note: IO PR
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (144)

Published as Jones, Derek C.(ed.) New Economy Handbook. Academic Press, 2003.

Downloads: (external link)
http://www.nber.org/papers/w9730.pdf (application/pdf)

Related works:
Working Paper: Adoption of New Technology (2004)
Working Paper: Adoption of New Technology (2003)
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:nbr:nberwo:9730

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w9730

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().