Innovation adoption: Broadcasting versus virality

Innovation Adoption and Collective Experimentation∗

I study a game in which individuals gather costly information about an innovation and share their knowledge through social ties. A person’s incentive to experiment varies with her position in the network, and strategic interactions lead to counterintuitive behavior among the most connected players. The structure of the social network and the distribution of initial beliefs jointly determine lon...

Network analysis of surgical innovation: Measuring value and the virality of diffusion in robotic surgery

BACKGROUND Existing surgical innovation frameworks suffer from a unifying limitation, their qualitative nature. A rigorous approach to measuring surgical innovation is needed that extends beyond detecting simply publication, citation, and patent counts and instead uncovers an implementation-based value from the structure of the entire adoption cascades produced over time by diffusion processes....

Stepwise innovation adoption: a neglected concept in innovation research

Most innovation researchers tend to consider innovation adoption as a binary process, implying that companies have either adopted an innovation or not. In this paper we focus on e-commerce as an innovation that can be adopted stepwise. We distinguish between two levels of e-commerce, basic and advanced. Following Rogers’ (1995) innovation adoption model, we investigate the differences between c...

Incomplete Adoption of a Superior Innovation

We consider a model in which an innovating monopolist of a technologically superior intermediate input must sell this product to final output producers. Prior research shows that, with complete information, the monopolist’s optimal strategy will lead to complete adoption of this technologically superior innovation. In this article we show that, when the price of some competitively supplied inpu...

RFID: Frequency, standards, adoption and innovation