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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP4912 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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