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The Adoption of Interrelated Innovations

A Human Capital Approach

Bibliographic Data

ID19316738
AuthorsGregory D Wozniak, Gregory Wozniak (0000-0003-4245-8207, corresponding author)
Year1984
Volume66
Issue1
Pages70
Publication date1984-02-01
Open AccessNo
TypeARTICLE
VenueThe Review of Economics and Statistics (JOURNAL)
Journal identifiersISSN: 0034-6535 • E-ISSN: 1530-9142
PublisherJSTOR (PUBLISHER)
DOI10.2307/1924697
OpenAlexW2065313422
LanguageEN
Citations received15
References cited4

A hstract-This paper develops a model of the decision to adopt interrelated innovations emphasizing the role of innovative ability and a measure of the economic incentive to be informed about innovations. Education, experience, and the availability of information are hypothesized to be measurable dimensions of innovative ability. The results from fitting univariate, conditional, and joint logistic models suggest that innovative ability contributes significantly to explaining the adoption of new technology but does not explain its diffusion. The results also indicate that the diffusion of previously available innovations depends on the introduction and adoption of interrelated current innovations

Business · Economics · Human capital · Industrial organization · Knowledge management · Market economy · Microeconomics · Computer Science · Economic Growth and Productivity · Firm Innovation and Growth · Innovation Diffusion and Forecasting

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Citations per year0.41
Citation span1989 - 2026 (38)
Highly citedNo

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