Pandemic-Driven Technology Adoption

Technology driven strategy model in Research and Technology Organization

The purpose of this study was to provide a technology driven strategy model with an interpretive structure approach in the Petrochemical Research and Technology Company. The present study is descriptive, survey in terms of the nature of the research and applied in terms of purpose. By reviewing the research literature and expert opinion polls, 10 effective factors were identified along with the...

Strategic Technology Adoption under Technological Uncertainty

Adoption of New Technology

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...

Contracts and Technology Adoption

We develop a tractable framework for the analysis of the relationship between contractual incompleteness, technological complementarities, and technology adoption. In our model a …rm chooses its technology and investment levels in contractible activities by suppliers of intermediate inputs. Suppliers then choose investments in noncontractible activities, anticipating payo¤s from an ex post barg...

Market Frictions, Technology Adoption

This paper develops an endogenous growth model with labor market matching and technology adoption. While labor market search and entry frictions lengthen technology diffusion, exogenous technology arrival may creatively destruct jobs in the short run. Such interrelationships give rise to multiple equilibria (global and local indeterminacy) under which a small autonomous technological improvemen...