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来源类型Working Paper
规范类型报告
DOI10.3386/w30091
来源IDWorking Paper 30091
A Theory of Visionary Disruption
Joshua S. Gans
发表日期2022-05-30
出版年2022
语种英语
摘要Exploitation of disruptive technologies often requires resource deployment that creates conflict if there are divergent beliefs regarding the efficacy of a new technology. This arises when a visionary agent has more optimistic beliefs about a technological opportunity. Exploration in the form of experiments can be persuasive when beliefs differ by mitigating disagreement and its costs. This paper examines experimental choice when experiments need to persuade as well as inform. It is shown that, due to resource constraints, persuasion factors more highly for entrepreneurial than incumbent firms. However, incumbent firms, despite being able to redeploy resources using authority, are constrained in adoption as exploration cannot mitigate the costs of disagreement
主题Industrial Organization ; Firm Behavior ; Other ; Accounting, Marketing, and Personnel ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w30091
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/587765
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GB/T 7714
Joshua S. Gans. A Theory of Visionary Disruption. 2022.
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