Template-type: ReDIF-Paper 1.0
Author-Name: Antonelli, Cristiano
Author-Email: cristiano.antonelli@unito.it
Author-Workplace-Name: University of Turin
Author-Workplace-Homepage: http://www.est.unito.it/
Title: Diffusion as a Process of Creative Adoption.
Abstract: This paper elaborates an integrated framework for understanding diffusion as a process of creative adoptions 
in the business sector. Within the context of the economics of localized technological change, adoption is viewed as a 
complementary component of a broader process of adjusting the technology when unexpected events in the product and 
factor markets push firms towards a creative reaction. When the stock of adoptions exerts a suitable combined effect 
both on the gross profitability of adoption and on the costs of adoption, such that the net profitability of adoption 
and hence the rates of new adoption follow a quadratic path, the dynamics of creative adoption can engender a s-shaped
diffusion process. 
Length: 34 pages
Creation-Date: 2004-10
File-URL:http://www.est.unito.it/do/home.pl/Download?doc=/allegati_wp/wp2004dip_l_b/3_wp_momigliano.pdf
File-Format: Application/PDF
Handle: RePEc:uto:labeco:200403