Adoption And Diffusion Of Cost Reducing Innovations

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Adoption And Diffusion Of Cost Reducing Innovations

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Author : Raouf Boucekkine
language : en
Publisher:
Release Date : 2019

Adoption And Diffusion Of Cost Reducing Innovations written by Raouf Boucekkine and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with categories.

This note analyses the adoption and diffusion of innovations in a horizontally differentiated Cournot duopoly in which firms have to choose the dates for adopting a cost-reducing new technology like in Reinganum (1981a). We prove that product differentiation crucially matters in the diffusion pattern of the innovation and in the comparison between the adoption timing in the decentralized economy Vs the social optimum.

Diffusion Of Innovations

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Author : Everett M. Rogers
language : en
Publisher:
Release Date : 2012

Diffusion Of Innovations written by Everett M. Rogers and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.

Getting an innovation adopted is difficult; a common problem is increasing the rate of its diffusion. Diffusion is the communication of an innovation through certain channels over time among members of a social system. It is a communication whose messages are concerned with new ideas; it is a process where participants create and share information to achieve a mutual understanding. Initial chapters of the book discuss the history of diffusion research, some major criticisms of diffusion research, and the meta-research procedures used in the book. This text is the third edition of this well-respected work. The first edition was published in 1962, and the fifth edition in 2003. The book's theoretical framework relies on the concepts of information and uncertainty. Uncertainty is the degree to which alternatives are perceived with respect to an event and the relative probabilities of these alternatives; uncertainty implies a lack of predictability and motivates an individual to seek information. A technological innovation embodies information, thus reducing uncertainty. Information affects uncertainty in a situation where a choice exists among alternatives; information about a technological innovation can be software information or innovation-evaluation information. An innovation is an idea, practice, or object that is perceived as new by an individual or an other unit of adoption; innovation presents an individual or organization with a new alternative(s) or new means of solving problems. Whether new alternatives are superior is not precisely known by problem solvers. Thus people seek new information. Information about new ideas is exchanged through a process of convergence involving interpersonal networks. Thus, diffusion of innovations is a social process that communicates perceived information about a new idea; it produces an alteration in the structure and function of a social system, producing social consequences. Diffusion has four elements: (1) an innovation that is perceived as new, (2) communication channels, (3) time, and (4) a social system (members jointly solving to accomplish a common goal). Diffusion systems can be centralized or decentralized. The innovation-development process has five steps passing from recognition of a need, through R&D, commercialization, diffusions and adoption, to consequences. Time enters the diffusion process in three ways: (1) innovation-decision process, (2) innovativeness, and (3) rate of the innovation's adoption. The innovation-decision process is an information-seeking and information-processing activity that motivates an individual to reduce uncertainty about the (dis)advantages of the innovation. There are five steps in the process: (1) knowledge for an adoption/rejection/implementation decision; (2) persuasion to form an attitude, (3) decision, (4) implementation, and (5) confirmation (reinforcement or rejection). Innovations can also be re-invented (changed or modified) by the user. The innovation-decision period is the time required to pass through the innovation-decision process. Rates of adoption of an innovation depend on (and can be predicted by) how its characteristics are perceived in terms of relative advantage, compatibility, complexity, trialability, and observability. The diffusion effect is the increasing, cumulative pressure from interpersonal networks to adopt (or reject) an innovation. Overadoption is an innovation's adoption when experts suggest its rejection. Diffusion networks convey innovation-evaluation information to decrease uncertainty about an idea's use. The heart of the diffusion process is the modeling and imitation by potential adopters of their network partners who have adopted already. Change agents influence innovation decisions in a direction deemed desirable. Opinion leadership is the degree individuals influence others' attitudes.

Gaining Momentum Managing The Diffusion Of Innovations

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Author : Joe Tidd
language : en
Publisher: World Scientific
Release Date : 2010-07-29

Gaining Momentum Managing The Diffusion Of Innovations written by Joe Tidd and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-07-29 with Business & Economics categories.

Diffusion, or the widespread adoption of innovations, is a critical yet under-researched topic. There is a wide gap between development and successful adoption of an innovation. Therefore, a better understanding of why and how an innovation is adopted can help develop realistic management and business plans. Most books on this topic use a single-discipline approach to explain the diffusion of innovations. This book adopts a multi-disciplinary and managerial process approach to understanding and promoting the adoption of innovations, based on the latest research and practice. It will be of interest to graduates and researchers in marketing, product development and innovation courses./a

Nbs Special Publication

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Author :
language : en
Publisher:
Release Date : 1968

Nbs Special Publication written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1968 with Weights and measures categories.

The Economics Of Persistent Innovation An Evolutionary View

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Author : Christian Bas
language : en
Publisher: Springer Science & Business Media
Release Date : 2009-06-04

The Economics Of Persistent Innovation An Evolutionary View written by Christian Bas and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-06-04 with Science categories.

William Latham Christian Le Bas Persistence of firm innovative behavior became an important topic in applied industrial organization with the publication of the seminal empirical work of P. Geroski and his colleagues (1997). Evidence that firms innovate persistently has led previous studies to focus on the determinants of innovation persistence and on its heterogeneity across industries, technologies and countries. The aims of this book are: (1) to illumine the scale and scope of the phenomenon of persistence in innovation, and (2) to account for the principal factors that explain why some firms innovates persistently and others do not. Because this book deals intensively and extensively with the subject of firm innovation persistence, which is not, as yet, a well-known term, we need to provide a nontrivial definition of it that encompasses the full range topics we want to address and aids our understanding of how they are related to each other. We begin with a careful identification of "innovation. " Our first definition is drawn from K. Pavitt (2003), "innovation processes involve the exploration and exploitation of opportunities for a new or improved product, process or service, based either on an advance in technical practice or a change in market demand, or a combination of the two. " While this definition is clear, and conforms well to both our empirical and theoretical perspectives, some elaboration may help to clarify the concept.

Research And Innovation In The Building Regulatory Process

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Author :
language : en
Publisher:
Release Date : 1977

Research And Innovation In The Building Regulatory Process written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1977 with Building laws categories.

Innovation In Production

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Author : Gunter Lay
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Innovation In Production written by Gunter Lay and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.

How industrial companies in Germany's critically important investment goods sector are deploying new technological and organizational production concepts to adapt to competitiveness challenges, new market requirements, environmental demands, and policy pressures is examined in this book. It draws on the Fraunhofer ISI's unique nationwide survey of technology use and production in Germany. East German as well as West German data is analyzed. Readers will gain fresh insights about the diffusion of new production concepts, the interaction of process and product innovations, and subsequent effects on productivity, employment, work flexibility, and the business performance of German industry. Implications for business strategy, public policy, and ongoing research into technology diffusion are considered.

Managing Corporate Innovation

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Author : Adalberto Rangone
language : en
Publisher: Springer Nature
Release Date : 2019-11-14

Managing Corporate Innovation written by Adalberto Rangone and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-14 with Business & Economics categories.

This book makes a valuable contribution to innovation management in the form of an interdisciplinary analysis of contemporary international approaches. By introducing the concept of a 'techno-corporate gap,' it also highlights the crucial role that companies play in creating and managing innovation in order to increase (or decrease) the technological gap between countries, and in their economic development. The originality of the book lies in its systems thinking oriented approach to the techno-corporate gap and technological gap, and their relation to corporate governance. These aspects are analyzed in detail, and not merely from an economic standpoint, but also with regard to innovativeness and regional social development.

The Chocolate Model Of Change

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Author : Diane Dormant
language : en
Publisher: Lulu.com
Release Date : 2011-07-03

The Chocolate Model Of Change written by Diane Dormant and has been published by Lulu.com this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-07-03 with Business & Economics categories.

A how-to-guide to get others in your organization to accept new technologies, processes, regulations, management, etc.

Handbook Of The Economics Of Innovation

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Author : Bronwyn H. Hall
language : en
Publisher: Elsevier
Release Date : 2010-03-06

Handbook Of The Economics Of Innovation written by Bronwyn H. Hall and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-03-06 with Business & Economics categories.

How does technology advance? How can we best assimilate innovation? These questions and others are considered by experts on the theories and applications of technological innovations. Considering subjects as diverse as the diffusion of new technologies and their industrial applications, governmental policies, and manifestations of innovation in our institutions, history, and environment, our contributors map milestones in research and speculate about the roads ahead. Wasteful, inefficient, and frequently wrongheaded, the process of technological changes is here revealed as a describable, scientific force. Two volumes, available separately and as a set. Expert articles consider the best ways to establish optimal incentives in technological progress Science and innovation, both their theories and applications, are examined at the intersections of the marketplace, policy, and social welfare Economists are only part of an audience that includes attorneys, educators, and anyone involved in new technologies