On vertical relations and the timing of technology adoption

Arbeitspapier

We study the timing of new technology adoption in markets with input outsourcing, and thus with vertical relations. We find that technology adoption can take place earlier when firms engage in input outsourcing than when they produce the input in-house. Hence, the presence of vertical relations can accelerate the adoption of a new technology. We also find that particular features of a vertically related market, such as the bargaining power distribution and the contract type through which trading is conducted, can crucially affect the speed of technology adoption.

Object Details

• ISBN: 978-3-86304-197-7
• Language: Englisch

References and Relationships

• Bibliographic citation: Series: DICE Discussion Paper ; No. 198

Classification and Topics

• Classification: Wirtschaft ; Oligopoly and Other Imperfect Markets ; Innovation and Invention: Processes and Incentives ; Firm Organization and Market Structure ; Monopolization; Horizontal Anticompetitive Practices
• Subject: technology adoption ; vertical relations ; outsourcing ; two-part tariffs ; wholesale price contracts ; bargaining

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Alipranti, Maria ; Milliou, Chrysovalantou ; Petrakis, Emmanuel
• Event: Veröffentlichung
• (who): Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE)
• (where): Düsseldorf
• (when): 2015

Further information

• Handle: http://hdl.handle.net/10419/121173
• Last update: 10.03.2025, 11:45 AM CET