Publication

What Supports the Adoption of Innovations Within Established (non-frontier) Firms?

Published: 19 September 2018

ERC SOTA No 5

Associated Themes

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  Innovation

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The adoption of innovations can be strongly path-dependent and self-reinforcing in established firms. Policy can play a role in shifting the adoption of innovations away from existing technological trajectories towards new, more effective, innovations. This may have positive impacts on growth and productivity. This review addresses the following questions: What are the factors that affect technology change or inertia in established firms? What role can policy-makers play in over-coming such inertia?

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