Network effects and the adoption of new
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Sumit K. Majumdar; S. Venkataraman
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Article
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1998
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John Wiley and Sons
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English
⚖ 108 KB
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This paper examines variations in the adoption of new technology by firms operating in a network-based industry: telecommunications. These variations are explained as a function of three network effects: the first is the conversion effect, driven by operations-related increasing returns to scale; th