Sequential technology implementation, network externalities, and risk: the case of automatic milking systems
利用随机效应和混合效应probit回归,研究企业层面技术采纳的影响因素,发现风险、网络外部性、同行学习及以往创新经验的作用。
Abstract Using random effects and mixed effects probit regression techniques, this empirical study investigates factors for technology adoption at the firm level. We account for problems of sequential technology implementation and behavior identification. Results underscore the importance of risks faced by the agents, the effects of network externalities and peer‐group learning, and the positive influence of previous firm‐specific innovation experiences.