The effects of the market structure on the adoption of evolving technologies

被引:6
作者
Rivas, Javier [1 ]
机构
[1] Univ Leicester, Dept Econ, Leicester LE1 7RH, Leics, England
关键词
Market structures; Technology adoption; EMPIRICAL-EVIDENCE; INVESTMENT; CHOICE;
D O I
10.1016/j.jedc.2010.06.026
中图分类号
F [经济];
学科分类号
02 ;
摘要
We study the speed at which technologies are adopted depending on how the market power is shared between the firms that sell technologies and the firms that buy them. Our results suggest that, because of a double marginalization problem, adoption is fastest when either sellers or buyers hold all the market power. Thus, competition between sides of the market may delay the adoption of technologies. (C) 2010 Elsevier B.V. All rights reserved.
引用
收藏
页码:2485 / 2493
页数:9
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