Title: A Decision-Making Model of Adopting New Technology by Enterprises in Industrial Clusters under the Condition of Interaction
Abstract: Adopting new technology by enterprises, i.e. technology diffusion, in industrial clusters is an important issue for the development of industrial clusters. Technology diffusion in country industrial clusters is a complicated process and has specific characteristics. As most country industrial clusters are composed of small and medium sized enterprises which situate close to each other, technology diffusion within these industrial clusters is usually carried out through the informal relationships between them. In this paper, the technology diffusion process within country industrial clusters is analyzed based on the herd behavior in the behavior finance theory. A decision-making model of adapting new technologies by enterprises in country industrial clusters under the condition of interaction is proposed.
Publication Year: 2011
Publication Date: 2011-01-01
Language: en
Type: book-chapter
Indexed In: ['crossref']
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