Department of Economics

University of Delaware

Working Paper #2005-03

PERSISTENT ADOPTION OF TIME-SAVING PROCESS INNOVATIONS

Nilotpal Das

 @Futures L.L.C.

 James G. Mulligan

   Department of Economics

  University of Delaware

This paper is a draft of a chapter in a forthcoming book entitled, The Economics of Persistent Innovators to be published by Springer.  We consider the persistent adoption of innovations by firms that are not directly involved in the innovation process.  In addition to a survey of the literature, we offer empirical evidence of persistent adoption for a specific time-saving process innovation: high-speed detachable chairlifts.

JEL Classifications: L8, O3

Keywords: Innovation, Diffusion, Service, Quality