THE DIFFUSION OF MULTIPLE PROCESS TECHNOLOGIES

Citation
P. Stoneman et Mj. Kwon, THE DIFFUSION OF MULTIPLE PROCESS TECHNOLOGIES, Economic journal, 104(423), 1994, pp. 420-431
Citations number
10
Categorie Soggetti
Economics
Journal title
ISSN journal
00130133
Volume
104
Issue
423
Year of publication
1994
Pages
420 - 431
Database
ISI
SICI code
0013-0133(1994)104:423<420:TDOMPT>2.0.ZU;2-1
Abstract
The objective of this paper is to analyse the simultaneous diffusion o f multiple process technologies. A theoretical model of the diffusion of a new process technology is developed that takes account of the exi stence of another new technology that is being simultaneously diffused . The implications of the multi-technology environment for the diffusi on paths of the two technologies are explored. The model is then used to explore empirically the joint diffusion of numerically controlled m achine tools and coated carbide tools in the United Kingdom.