Factors affecting the take-off of innovative technologies: evidence from digital cameras
Factors affecting the take-off of innovative technologies: evidence from digital cameras
While technological innovations are important for many industries, take-off sales for innovative products can have long lead times due to a variety of factors. This article identifies the main parameters affecting digital camera take-off sales in the US between 2001 and 2004. The study constructs an empirical model for film and digital camera shipments and finds that digital cameras primarily served as a substitute for low-end film compacts rather than high-end film Single-Lens Reflex (SLR) cameras. Also, growth in household PC ownership and Windows XP market share were the main contributing factors to the decline of film cameras, with PC penetration rate as the most important factor for digital camera diffusion.
4143-4152
Wei, L.
a5ebeff3-eeac-454f-b349-3ac5e50e71f1
Xiao, J.
70069bd0-e6f4-4092-962d-b9f93021c1c6
2012
Wei, L.
a5ebeff3-eeac-454f-b349-3ac5e50e71f1
Xiao, J.
70069bd0-e6f4-4092-962d-b9f93021c1c6
Wei, L. and Xiao, J.
(2012)
Factors affecting the take-off of innovative technologies: evidence from digital cameras.
Applied Economics, 44 (32), .
(doi:10.1080/00036846.2011.587781).
Abstract
While technological innovations are important for many industries, take-off sales for innovative products can have long lead times due to a variety of factors. This article identifies the main parameters affecting digital camera take-off sales in the US between 2001 and 2004. The study constructs an empirical model for film and digital camera shipments and finds that digital cameras primarily served as a substitute for low-end film compacts rather than high-end film Single-Lens Reflex (SLR) cameras. Also, growth in household PC ownership and Windows XP market share were the main contributing factors to the decline of film cameras, with PC penetration rate as the most important factor for digital camera diffusion.
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Factors affecting the take-off of innovative technologies evidence from digital cameras
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e-pub ahead of print date: 11 July 2011
Published date: 2012
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Local EPrints ID: 494138
URI: http://eprints.soton.ac.uk/id/eprint/494138
ISSN: 0003-6846
PURE UUID: 7759f9a9-2110-4c12-b9db-4689aba676d0
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Date deposited: 25 Sep 2024 16:30
Last modified: 14 Nov 2024 03:09
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Author:
L. Wei
Author:
J. Xiao
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