Horizon of absorption as a key factor in the diffusion of innovations
EDN: UXUXML
Abstract
This article discusses the reasons for the slow pace of implementation of high-tech innovation by traditional industries enterprises. Authors consider the lack of awareness of the level of technological innovation as the main reasons for the slow implementation and usage of innovation by representatives of traditional industries.Authors adapt the well-known model of Aghion «distance to the frontier» so, that it can be applicable to inter-sectoral and inter-firm level of decision-making. The resulting model allows in each case (industry or firm) to answer the question: what is more effectively - to develop our own innovation or to implement and use previously developed innovations.The closer a company (or industry) is to the «frontier» of technological development, the more benefits it will receive from the development of its own innovation. The greater the distance to the technology “frontier”, the greater the innovation potential of the company (or industry), and the more effective will be implementation and use of previously developed innovations.
About the Authors
I. TrushinA. Kovalenko
References
1. Березин А. А., Коваленко А. И. Бенчмаркинг в системе конкурентных действий предпринимательских структур // Современная конкуренция. 2014. Том. 8. № 5 (47). С. 117-129
2. Портер М. Международная конкуренция: Конкурентные преимущества стран. М.: Международные отношения, 1993. С. 13
3. Рубин Ю. Б. Дискуссионные вопросы современной теории конкуренции // Современная конкуренция. 2010.№ 3 (21). С. 38-67
4. Шинкевич М. В. Методология институционализации устойчивого инновационного развития хозяйственных систем: дисс. на соискание ученой степени докт. экон наук. Казань, 2011
5. Юданов А. Ю. Что такое инновационная фирма? // Вопросы экономики. 2012. № 7. С. 30-46
6. Acemoglu D. Distance to frontier, selection, and economic growth / D. Acemoglu, F. Zilibotti, P. Aghion // Journal of the European Economic Association. 2006. March. 4 (1). P. 37-74
7. Aghion P. Distance to frontier, selection, and economic growth // Journal of the European Economic Association.2006. March, 4 (1). P. 37-74
8. Brezis E. Leapfrogging International Competition: A Theory of Cycles and National Technological Leadership // American Economic Review. 1994. 83. Р. 1211-1219
9. Djankov S. The Regulation of Entry // Quarterly Journal of Economics. 2002. № 117. P. 1-38
10. Galor O. Technology, Mobility, and Growth // American Economic Review. 1997. № 87. P. 363-382
11. Gerschenkron A. Economic Backwardness in Historical Perspective. Harvard University Press, 1962
12. Griffith R. Mapping the Two Faces of R&D: Productivity Growth in a Panel of OECD Industries // Review of Economics and Statistics. 2004. № 86. P. 883-895
13. Hassler J. Intelligence, Social Mobility, and Growth // American Economic Review. 2000. № 90. P. 888-908
14. Hatzichronoglou T. 1997, Revision of the high technology sector and product classification // STI Working Papers, OECD. 1997. № 2
15. Hirsch-Kreinsen H. Knowledge-intensive entrepreneurship in low-tech industries. Chelteham, UK: Edward Elgar Publishing Limited, 2014. - 264 p
16. Jaegers T. High-Technology and Medium-High Technology Industries Main Drivers of EU - 27's Industrial Growth // Eurostat Statistics in focus. 2013. № 1. URL: http://epp.eurostat.ec.europa.eu/cache/ITY_OFFPUB/KS- SF-13-001/EN/KS-SF-13-001-EN.PDF (дата обращения:06.08.2014)
17. Luque A. An Option-Value Approach to Technology Adoption in U. S. Manufacturing: Evidence from Microdata // Economics of Innovation and New Technology. 2002.№ 11 (6). P. 543-568
18. Mokyr J. The Lever of Riches. Oxford: Oxford University Press, 1990
19. Nelson R. Investment in Humans, Technological Diffusion and Economic Growth // American Economic Review.1966. № 56. P. 69-75
20. Rajan R. Which Capitalism? Lessons from the East Asian Crisis // Journal of Applied Corporate Finance. 1999. № 11. P. 40-48
21. Robertson P. L. Innovation in Low-and Medium-Technology Industries // Research Policy. 2009. № 38 (3). P. 441-446
22. Rogers E. M. Diffusion of Innovations. N.Y.: The Free Press,1995
Review
For citations:
Trushin I., Kovalenko A. Horizon of absorption as a key factor in the diffusion of innovations. Journal of Modern Competition. 2015;9(4):100-116. EDN: UXUXML
Email this article 