Five Facts You Need to Know About Technology Diffusion

There is an absolutely fascinating new NBER paper out (“Five Facts You Need to Know About Technology Diffusion”) on technology and innovation. Most of you will not be able to pull up the full paper, so you’ll miss the discussion about some markts where S-curve adoption models don’t work, but here is one factoid:

The speed of convergence for technologies developed since 1925 has been
three times higher than the speed of convergence for technologies
developed before 1925.

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Comments

  1. Diego Comin says:

    Dear Paul,
    Thaks for your remarks about our paper. We are currrently working in the revision. Indeed, I am hoping it will be ready to present it in a seminar I am giving at the University of California at San Diego on May 11th.
    Best,
    Diego

  2. Where and when on May 11th? Would happily attend.