On vertical relations and the timing of technology adoption

Alipranti, Maria, Milliou, Chrysovalantou and Petrakis, Emmanuel (2015). On vertical relations and the timing of technology adoption. Journal of Economic Behavior and Organization, 120 , pp. 117-129.

Abstract

We study the timing of new technology adoption in markets with input outsourcing, and thus with vertical relations. We find that technology adoption can take place earlier when firms engage in input outsourcing than when they produce the input in-house. Hence, the presence of vertical relations can accelerate the adoption of a new technology. We also find that particular features of a vertically related market, such as the distribution of bargaining power and the contract type through which trading is conducted, can crucially affect the speed of technology adoption.

Publication DOI: https://doi.org/10.1016/j.jebo.2015.10.011
Divisions: Aston Business School
Aston Business School > Economics, Finance & Entrepreneurship
Uncontrolled Keywords: Bargaining,Outsourcing,Technology adoption,Two-part tariffs,Vertical relations,Wholesale price contracts,Organizational Behavior and Human Resource Management,Economics and Econometrics
Full Text Link: https://www.eco ... le/10419/121173
Related URLs: http://www.scop ... tnerID=8YFLogxK (Scopus URL)
https://www.sci ... 2784?via%3Dihub (Publisher URL)
Published Date: 2015-12-01
Authors: Alipranti, Maria
Milliou, Chrysovalantou
Petrakis, Emmanuel

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