Template-type: ReDIF-Paper 1.0
Author-Name: Parhi, Mamata
Author-Email: parhi@intech.unu.edu
Author-Workplace-Name: United Nations University, Institute for New Technologies
Title: Diffusion of New Technology in Indian Auto Component Industry: An Examination
	 of the Determinants of Adoption
Abstract: The contribution of new technologies to economic growth is harnessed only
	 when new technologies are widely diffused in the economy. Diffusion results
	 from a series of individual decisions to introduce the new technologies,
	 decisions being the result of a comparison of the uncertain benefits and
	 costs associated with adoption. An understanding of the factors affecting	
	 this choice is therefore an essential step forward in order to study the
	 diffusion process of new technologies. The aim of this paper is to provide
	 a comprehensive understanding of the possible set of factors determining
	 adoption of new technologies such as Advanced Manufacturing Techniques (AMTs)
	 in the Indian auto component industry. Building on both the early ‘epidemic'
	 and the later ‘equilibrium' theories of adoption, our analysis is purported
	 to provide an empirical exploration of determinants of adoption that takes
	 into account the influence of structural, (i.e., firm-specific), and
	 socio-economic factors on the process of adoption. Our results, though confirms
	 most of the theoretical and empirical predictions about technology adoption,
	 provides new evidence on the importance of external sources of knowledge and
	 the crucial role of demand side on the adoption process. 
Keywords: Technology Transfer, Diffusion of Innovations, Management Techniques, Production Control,
	 Industrial Management, Industrial Cooperation, Automotive Industry, India
Series: Discussion Paper
Creation-Date: 2005
Number: 08
File-URL: http://www.intech.unu.edu/publications/discussion-papers/2005-8.pdf
File-Format: application/pdf
File-Size: 445 Kb
Handle: RePEc:unm:unuint:200508