JOINT INFORMATION ACQUISITION AND NEW TECHNOLOGY ADOPTION - LATE VERSUS EARLY ADOPTION

Authors
Citation
Gd. Wozniak, JOINT INFORMATION ACQUISITION AND NEW TECHNOLOGY ADOPTION - LATE VERSUS EARLY ADOPTION, Review of economics and statistics, 75(3), 1993, pp. 438-445
Citations number
15
Categorie Soggetti
Social Sciences, Mathematical Methods",Economics
ISSN journal
00346535
Volume
75
Issue
3
Year of publication
1993
Pages
438 - 445
Database
ISI
SICI code
0034-6535(1993)75:3<438:JIAANT>2.0.ZU;2-R
Abstract
The objective of this paper is to examine empirically the determinants of the joint decision whether or not to adopt a new input and invest in technical knowledge. A log-linear probability model of the joint oc currence or nonoccurrence of adoption and information acquisition is e stimated. The results suggest that information acquisition and adoptio n decisions are made jointly, and that the influences of the determina nts of adoption and information acquisition differ with the timing of adoption and the channels of information dissemination.