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- Publisher
- Springer Journals
- Copyright
- Copyright © 2007 by Springer Science+Business Media, LLC
- Subject
- Business and Management; Management; Microeconomics; Entrepreneurship; Industrial Organization
- ISSN
- 0921-898X
- eISSN
- 1573-0913
- DOI
- 10.1007/s11187-007-9062-1
- Publisher site
- See Article on Publisher Site
Abstract
We provide evidence on the influence of expectations and network effects on the timing of technological adoption. By considering a sample of SMEs operating in Italy, we focus on the determinants of their decision to adopt Fast Ethernet, a communication standard for Local Area Networks (LANs). We find that both expectations and network effects significantly affect the timing of adoption. In particular, price expectations generally tend to delay adoption and (indirect) network effects in the form of backward compatibility as well as informational spillovers tend to foster adoption. Firm size also matters.
Journal
Small Business Economics – Springer Journals
Published: Jul 12, 2007