Technology Diffusion Study by Diego A. Comin and Bart Hobijn
Apr 15th, 2008 by guo rui
How long does it take the average country to adopt a typical technology? The surprising answer: nearly half a century, or 47 years. “There is, however, substantial variation in these lags, both across countries and across technologies,” write HBS professor Diego A. Comin and colleague Bart Hobijn of the Federal Reserve Bank of New York.
They discuss two questions: ‘What are the key economic aspects that differ across technologies that influence the speed of diffusion?’ and ‘What are the key cross-country differences in endowments, institutions, and policies that impinge on technology diffusion?’ Here is their paper.