NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Adoption of New Technology

Bronwyn H. Hall, Beethika Khan

NBER Working Paper No. 9730
Issued in May 2003
NBER Program(s):   IO   PR

The contribution of new technology to economic growth can only be realized when and if the new technology is widely diffused and used. Diffusion itself results from a series of individual decisions to begin using the new technology, decisions which are often the result of a comparison of the uncertain benefits of the new invention with the uncertain costs of adopting it. An understanding of the factors affecting this choice is essential both for economists studying the determinants of growth and for the creators and producers of such technologies. Section II of this article discusses the modeling of diffusion and Sections III to V explore the determinants of diffusion and the evidence for their importance.

download in pdf format
   (234 K)

email paper

This paper is available as PDF (234 K) or via email.

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w9730

Published: Jones, Derek C.(ed.) New Economy Handbook. Academic Press, 2003.

Users who downloaded this paper also downloaded these:
Gowrisankaran and Stavins w8943 Network Externalities and Technology Adoption: Lessons from Electronic Payments
Hall w10212 Innovation and Diffusion
Bartel and Lichtenberg w1718 The Comparative Advantage of Educated Workers in Implementing New Technology: Some Empirical Evidence
Saloner and Shepard w4048 Adoption of Technologies With Network Effects: An Empirical Examination of the Adoption of Automated Teller Machines
Easterly, King, Levine, and Rebelo w4681 Policy, Technology Adoption, and Growth
 
Publications
Activities
Meetings
NBER Videos
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us