AbstractThe incentives to adopt cost‐reducing technology by firms in a horizontally‐differentiated duopoly are analysed in the present paper. Cost reduction depends on the 'quality' of the 'new technology'. A firm has to procure such technology in a 'scoring auction'. When the quality offered by the suppliers of this technology lies in the interior of the feasible range, both firms adopt the new technology regardless of the nature of competition (Cournot or Bertrand). However, when there is a corner solution, there are equilibria where only one firm (or no firm) adopts the new technology. With a corner solution the nature of competition affects the equilibrium outcomes.
Purpose This study aims to study the role of co-production among heterogenous actors to achieve a digital transformation for public service delivery. The importance of building legitimacy and public value creation during the journey of adopting new technology is mainly discussed through analyzing the case of blockchain-based decentralized identity (DID) in South Korea (Korea).
Design/methodology/approach Using a qualitative method, the conceptual framework for this study draws on public value theory that highlights co-production approaches on adoption and diffusion of new information system.
Findings The results of this study provide empirical support for the claim that co-constructive and cross-sector partnership is critical to the adoption of blockchain-based DID and to maximize the value-in-use and increase citizens' participation.
Originality/value This study suggests a new perspective, which contributes to the information system literature and the phenomenological analysis by investigating co-constructive partnership among cross-sector organizations through the legitimacy-building process, which has not been much empirically researched.
This paper surveys the theoretical literature on the timing of new technology adoption. It presents the state of the art as it falls into two major categories, depending on whether the particular model deals with uncertainty regarding the arrival and value of a new technology and/or strategic interaction in the product market. Empirical evidence is reviewed, and recommendations are given for future research.
AbstractFor most Canadian technology‐based industrial product companies, the continuous and successful utilization of new technologies is critical to competitive success and profitability. The implementation of free trade will make this even more important. From a global competitive perspective, the range and rate of development of new technologies is incredible and accelerating. Many of these technologies require massive investments, long gestation periods, and involve high levels of technological complexity and uncertainty. Many are proprietary in nature. Given these global realities, it is unlikely that most Canadian companies can compete based solely on technologies they internally develop. The rapid adoption of emerging new process and product technologies will be the most important point of competitive strategic beverage for successful companies. The research program "GENERATING PROFIT FROM NEW TECHNOLOGY" (GPNT) is in progress at the National Centre for Management Research and Development. This program has focussed much of its research agenda on the management problems and opportunities of successful adoption of new technologies across a wide situational spectrum; not just "high technology" companies. This article reports some current findings and perspectives from studies funded in this important management area, and suggests areas where further research is needed.RésuméPour la plupart des entreprises canadiennes liées à la production technologique, l'utilisation continue et fructueuse de nouvelles technologies est un élément critique de sa compétitivité et de sa profitabilité. La mise en place du libre échange rendra ces facteurs encore plus importants. Dans une perspective de concurrence globale, l'étendue et le taux de développement de nouvelles technologies accélèrent de façon remarquable. De nombreuses technologies impliquent des investissements massifs, de longues périodes de gestation et des niveaux de technologies complexes et incertains. Nombreuses sont celles qui sont de nature privée. Compte tenu de ces réalités globales, il est improbable que la plupart des compagnies canadiennes puissent s'avérer des concurrents efficaces sur la seule base des technologies qu'elles développent à l'interne. L'adoption rapide de nouveaux procédés émergents et de nouvelles technologies de production constituera l'élément le plus important des leviers stratégiques pour les compagnies qui réussiront. Le programme de recherche Generating Profit from New Technology (GPNT: générer des profits à partir de technologies nouvelles)≫ se développe au Centre national pour la gestion de la recherche et le développement. Ce programme a concentré l'essentiel de son activité sur les problèmes de gestion et les opportunités d'adoption fructueuse de nouvelles technologies à travers une vaste gamme de situations, et pas seulement les compagnies ≪high‐tech≫. Cet article met en évidence quelques résultats et perspectives récentes à partir d'études financées dans ce domaine important de la gestion et suggère des domaines de recherche.
AbstractVarious policies have been implemented to encourage the development of family farms and cooperatives in the past decade in China. New technology adoption is a crucial part in promoting the performance of family farms. However, empirical evidence on whether and how cooperatives would facilitate family farms to adopt new technologies remains unclear. To address the gap, this paper examines the impact of family farms' cooperative membership on new technology adoption (i.e., new varieties, new machinery, new fertilizers, new pesticides, new pest control techniques, new production methods and new management methods). Using novel survey data from 848 family farms in China, and employing both propensity score matching approach and endogenous switching probit model, we find that for family farms, cooperative membership has positive and significant impacts on new technology adoption. When looking into different types of technology, we find that the impacts are larger on the adoption of new methods than new techniques. Moreover, the impacts are larger for family farms with lower operation income and smaller size. The findings provide important insights for policymakers tasked with promoting agricultural technology adoption.
We study a generous program to promote the adoption of solar photovoltaic (PV) systems through subsidies on future electricity production, rather than through upfront investment subsidies. We develop a tractable dynamic model of new technology adoption, also accounting for local market heterogeneity. We identify the discount factor from demand responses to variation that shifts expected future but not current utilities. Despite the massive adoption, we find that households significantly discounted the future benefits from the new technology. This implies that an upfront investment subsidy program would have promoted the technology at a much lower budgetary cost. (JEL C51, D15, Q48, Q58)
