G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4912
DP4912 Identifying Technology Spillovers and Product Market Rivalry
Mark Schankerman; John Van Reenen; Nicholas Bloom
发表日期2005-02-23
出版年2005
语种英语
摘要This paper studies the diffusion of a new technology that is brought to market while its potential is still uncertain. We consider a dynamic game in which firms improve both a new and a rival old technology while learning about the relative potential of both technologies. We use the model to understand historical evidence on diffusion and market structure. In particular, the model explains why a change in market leadership often goes along with slow diffusion. It also provides a rational explanation for observed ?incumbent inertia? and shows how markets can make mistakes in the selection of new technologies.
主题Industrial Organization
关键词Oligopoly Innovation Learning Dynamic games
URLhttps://cepr.org/publications/dp4912
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/533814
推荐引用方式
GB/T 7714
Mark Schankerman,John Van Reenen,Nicholas Bloom. DP4912 Identifying Technology Spillovers and Product Market Rivalry. 2005.
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