Finding Mr. Schumpeter: technology adoption in the cement industry
研究了1973-2013年美国水泥厂对节能预分解窑的采纳决策,发现高燃料成本、少竞争对手和有利需求条件会促进采纳,结果支持熊彼特和诱导创新假说。
Abstract We examine the adoption of fuel‐efficient precalciner kilns in the cement industry using the universe of adoption decisions in the United States over 1973–2013. We find that cement plants are more likely to adopt the technology if fuel costs are high, nearby competitors are few, and local demand conditions are favorable. We relate the findings to the Schumpeterian and induced innovation hypotheses regarding the effects of competition and factor prices. Our results suggest firms may be most responsive to factor prices under advantageous competitive and demand conditions.