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Technology Adoption In and Out of Major Urban Areas: When Do Internal Firm Resources Matter Most? / Chris Forman, Avi Goldfarb, Shane Greenstein.
- Format:
- Book
- Author/Creator:
- Forman, Chris.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w11642.
- NBER working paper series no. w11642
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- Technology Adoption In and Out of Major Urban Areas
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2005.
- Summary:
- How much do internal firm resources contribute to technology adoption in major urban locations, where the advantages from agglomeration are greatest? The authors address this question in the context of a business's decision to adopt advanced Internet technology. Drawing on a rich data set of adoption decisions by 86,879 U.S. establishments, the authors find that the marginal contribution of internal resources to adoption is greater outside of a major urban area than inside one. Agglomeration is therefore less important for highly capable firms. The authors conclude that firms behave as if resources available in cities are substitutes for both establishment-level and firm-level internal resources.
- Notes:
- September 2005.
- Print version record
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