English, Article, Journal or magazine article edition: Diffusion and Competition of Innovative Cardiological Technologies Thomas Grebel; Tom Wilfer

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Bookmark: http://trove.nla.gov.au/version/563
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Diffusion and Competition of Innovative Cardiological Technologies
Author
  • Thomas Grebel
  • Tom Wilfer
Physical Description
  • preprint
Notes
  • The paper aims to investigate the diffusion process of two competing innovative technologies in the health care sector. Novelties in cardiovascular surgery will serve as an example. Using a rather simple modeling approach for the ecisions of adopters and suppliers we simulate the evolution of a new market and iscuss the effects network externalities and individual learning unfold in different scenarios. Increasing returns to adoption may lead to situations of technological "lock in".
  • technological change, diffusion processes, competing technologies, adoption decisions, social learning, medical equipment,network externalities.
  • RePEc:jrp:jrpwrp:2007-091
Language
  • English
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