Resource title

Diffusion and competition of innovative cardiological technologies

Resource image

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Resource description

The paper aims to investigate the diffusion process of two competing innovative technologies in the health care sector. Novelties in cardiovascular surgery will serve as an example. Using a rather simple modeling approach for the decisions of adopters and suppliers we simulate the evolution of a new market and discuss the effects network externalities and individual learning unfold in different scenarios. Increasing returns to adoption may lead to situations of technological lock in .

Resource author

Thomas Grebel, Tom Wilfer

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/25664

Resource license

Adapt according to the presented license agreement and reference the original author.