Resource title

Diffusion and competition of innovative cardiological technologies

Resource image

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

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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.