2021
DOI: 10.1002/cl2.1181
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Interventions to promote technology adoption in firms: A systematic review

Abstract: Background: The adoption of improved technologies is generally associated with better economic performance and development. Despite its desirable effects, the process of technology adoption can be quite slow and market failures and other frictions may impede adoption. Interventions in market processes may be necessary to promote the adoption of beneficial technologies. This review systematically identifies and summarizes the evidence on the effects of interventions that shape the incentives of firms to adopt n… Show more

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Cited by 8 publications
(2 citation statements)
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“…Companies in an industry may adopt technologies at a different rate. Laggards tend to be younger, smaller, less capital-intensive, and are more likely to have a high growth potential (Alfaro-Serrano et al ., 2021). Aside from capital intensity and firm size, this study also included firm age, research and development (R&D) intensity (the ratio of R&D expenditure to sales), and sales growth rate [(current period sales − prior period sales)/prior period sales].…”
Section: Resultsmentioning
confidence: 99%
“…Companies in an industry may adopt technologies at a different rate. Laggards tend to be younger, smaller, less capital-intensive, and are more likely to have a high growth potential (Alfaro-Serrano et al ., 2021). Aside from capital intensity and firm size, this study also included firm age, research and development (R&D) intensity (the ratio of R&D expenditure to sales), and sales growth rate [(current period sales − prior period sales)/prior period sales].…”
Section: Resultsmentioning
confidence: 99%
“…This support can be direct financial subsidies, tax concessions, infrastructure construction, indirect regulation making, environmental optimization, etc. [36,37]. Diffusion of Innovations Theory (DIT) posits that government support is pivotal for the diffusion and adoption of new technologies or innovations.…”
Section: Government Supportmentioning
confidence: 99%