Market Structure And The Adoption Of Innovations: The Case Of The Spanish Banking Sector‡

Autor:	Vicente Salas Fumás, Manuel Antonio Espitia Escuer, Yolanda Polo Redondo
Rok vydání:	1991
Předmět:	Market structure Commerce Empirical research Management of Technology and Innovation Business Market concentration Diffusion (business) General Economics Econometrics and Finance Industrial organization Banking sector
Zdroj:	Economics of Innovation and New Technology. 1:295-307
ISSN:	1476-8364 1043-8599
DOI:	10.1080/10438599100000009
Popis:	This paper is an empirical study of the determinants of adoption time for the teleprocess terminal by Spanish commercial and savings banks. The explanatory variables include the characteristics of the adopting firms, size, and in the case of the savings banks, the structure of the market and concentration. The results indicate that the speed of adoption is maximized at intermediate levels of size and market concentration, confirming one theoretical prediction of models of diffusion: namely, that adoption time is minimized at intermediate levels of market concentration.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::ab1a694d2e335d300c0e57e0623a2a20 https://doi.org/10.1080/10438599100000009 Zobrazit plný text záznamu