Technology adoption and first profitability

• 成果类型: Article
• 署名作者: Stoneman, P; Kwon, MJ
• 刊物名称: ECONOMIC JOURNAL
• ISSN/ISSBN: 0013-0133
• DOI: 10.2307/2235366
• 发表日期: 1996
• 页码: 952-962
• 关键词: diffusion

摘要

In this paper an encompassing model of tile diffusion of new process technologies is used to predict the relationship between firm profitability and the adoption of technology. The model is tested on data relating to a sample of firms in the UK engineering industry over the period 1983-6. The results indicate that non-adopters experience reduced profits as other firms adopt new technologies and that the gross profit gains to adopters of new technology lire related to firm and industry characterising, the number of other users of new technologies and the cost ef acquisition.