| Автор | Nooteboom, Bart |
| Дата выпуска | 1993 |
| dc.description | A model is developed of the relation between adoption of an innovation by firms and firm size. Decision making is represented as a group assessment of the perceived ratio between expected returns after succesful introduction, and the risk that implementation will fail or will last too long to makc adoption worth while. In view of differences in thc assessment of uncertainty and corresponding demands on the perceived return-to-risk ratio, among influencers of decisions in the firm, decision making is taken as stochastic, with a probability of adoption related to (objective) net benefits, and probability of non-adoption related to risk. The model gives a new way of looking at the fact that small firms lag behind in the adoption of new technology. In contrast with previous models proposed by David and Davies the explanation has nothing to do with there being some critical size below which adoption is not profitable. The present model explains the adoption lag for smaller firms as the result of expected returns being proportional to size while risk of failed implementation is independent of size. The model is tested and estimated empirically on data for the adoption of computers in small scale retailing, in the Netherlands. |
| Формат | application.pdf |
| Издатель | OPA (Overseas Publishers Association) |
| Копирайт | Copyright Taylor and Francis Group, LLC |
| Тема | Diffusion of computers |
| Тема | adoption of innovations |
| Тема | firm size effects |
| Тема | decision making under uncertainty |
| Название | Adoption, Firm Size And Risk Of Implementation |
| Тип | research-article |
| DOI | 10.1080/10438599300000003 |
| Electronic ISSN | 1476-8364 |
| Print ISSN | 1043-8599 |
| Журнал | Economics of Innovation and New Technology |
| Том | 2 |
| Первая страница | 203 |
| Последняя страница | 216 |
| Аффилиация | Nooteboom, Bart; School of Management and Organisation, University of Groningen |
| Выпуск | 3 |
| Библиографическая ссылка | Baldwin, L. and Scott, J.T. 1987. Market Structure and Technological Change, Harwood: Chur. |
| Библиографическая ссылка | David, P.A. 1975. Technical Choice, Innovation and Economic Growth Cambridge, U.P. |
| Библиографическая ссылка | Griliches, Z. 1957. Hybrid Corn: An Exploration in the Economics of Technological Change. Econometrica., 25: 501–522. |
| Библиографическая ссылка | Keynes, J.M. 1937. “The General Theory, The Quarterly Journal of Economics, reprinted”. In The Collected Writings of John Maynard Keynes, Edited by: Moggridge, D. London: MacMillan. 1973 |
| Библиографическая ссылка | Knight, F.N. 1921. “Risk and Uncertainty and Profit”. New York: Houghton Mifflin. |
| Библиографическая ссылка | Mansfield, E. 1961. Technical Change and the Rate of Imitation. Econometrica, 29: 741–766. |
| Библиографическая ссылка | Mansfield, E. 1963. Size of Firm, Market Structure, and Innovation, Journal of Polilical Economy, 71: 556–576. |
| Библиографическая ссылка | Mansfield, E. 1967. Econometric Studies of Industrial Research and Technological Innovation, New York: Norton. |
| Библиографическая ссылка | Nabseth, L. 1973. “The Diffusion of Innovations in Swedish Industry”. In Science and Technology in Economic Growth, Edited by: Williams, B.R. London: MacMillan. |
| Библиографическая ссылка | Nabseth, L. and Ray, G.F. 1974. The Diffusion of New Industrial Processes: An International Study, London: Cambridgc U. Press. |
| Библиографическая ссылка | Nooteboom, B. 1986. Plausibility in Economics, Economics and Philosophy, 2: 197–224. |
| Библиографическая ссылка | Nooteboom, B. 1989a. Diffusion, Uncertainty and Firm Size. International Journal of Research in Marketing, 6: 109–128. |
| Библиографическая ссылка | Nooteboom, B. 1989b. “Inhibition of Progress and Risk of Introduction: Two Problems in the Marketing of New Technology”. In Industrial and New Technologies Marketing Edited by: Lilien, G., Laban, J., International Research Seminar in Marketing, proceedings 16th and d'Administration des Entreprises, Institut. 175–188. |
| Библиографическая ссылка | Nooteboom, B. 1989c. Paradox, Identity and Change in Management, Human Systems Management, 8: 291–300. |
| Библиографическая ссылка | Nooteboom, B. 1991a. Entry, Spending and Firm Size in a Stochastic R&D Race, Small Business Economics, 3: 103–120. |
| Библиографическая ссылка | Nooteboom, B. Strengths and Weaknesses of Small Business in Innovation and Diffusion. paper presented at a TIMS/SOBRAPO conference, Rio de Janeiro. |
| Библиографическая ссылка | Romeo, A.A. 1975. Interindustry and Interfirm Differences in the Rate of Diffusion of an Innovation. Review of Economics and Statistics, 57: 311–319. |
| Библиографическая ссылка | Stoneman, P. 1983. The Economic Analysis of Technological Change, Oxford: U. Press. |
| Библиографическая ссылка | Stoneman, P. 1981. Intrafirm Diffusion, Bayesian Learning and Profitability. Economic Journal, 91: 375–388. |
