TY - JOUR
T1 - Sequential technology implementation, network externalities, and risk
T2 - The case of automatic milking systems
AU - Sauer, Johannes
AU - Zilberman, David
PY - 2012/5
Y1 - 2012/5
N2 - Using random effects and mixed effects probit regression techniques, this empirical study investigates factors for technology adoption at the firm level. We account for problems of sequential technology implementation and behavior identification. Results underscore the importance of risks faced by the agents, the effects of network externalities and peer-group learning, and the positive influence of previous firm-specific innovation experiences.
AB - Using random effects and mixed effects probit regression techniques, this empirical study investigates factors for technology adoption at the firm level. We account for problems of sequential technology implementation and behavior identification. Results underscore the importance of risks faced by the agents, the effects of network externalities and peer-group learning, and the positive influence of previous firm-specific innovation experiences.
KW - Automatic milking systems
KW - Mixed effects modeling
KW - Risk
KW - Technology adoption
UR - http://www.scopus.com/inward/record.url?scp=84860008577&partnerID=8YFLogxK
U2 - 10.1111/j.1574-0862.2012.00579.x
DO - 10.1111/j.1574-0862.2012.00579.x
M3 - Article
AN - SCOPUS:84860008577
SN - 0169-5150
VL - 43
SP - 233
EP - 252
JO - Agricultural Economics
JF - Agricultural Economics
IS - 3
ER -