Arbeitspapier
Timing of technology adoption and product market competition
This paper examines how product market competition affects firms' timing of adopting a new technology as well as whether the market provides sufficient adoption incentives. It shows that adoption dates differ not only among symmetric firms but also among markets with Cournot and Bertrand competition. More specifically, Cournot competition can lead to earlier adoption than Bertrand competition. It shows also that competition toughness does not always reinforce adoption incentives. When goods are differentiated enough, adoption occurs later than it is socially optimal.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 2686
- Klassifikation
-
Wirtschaft
Oligopoly and Other Imperfect Markets
Innovation and Invention: Processes and Incentives
Management of Technological Innovation and R&D
Technological Change: Choices and Consequences; Diffusion Processes
- Thema
-
technology adoption
innovation
diffusion
product differentiation
Technologie
Innovationsdiffusion
Zeit
Wettbewerb
Produktdifferenzierung
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Milliou, Chrysovalantou
Petrakis, Emmanuel
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:46 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Milliou, Chrysovalantou
- Petrakis, Emmanuel
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2009
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