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The Effect Of Financial Constraints, Absorptive Capacity And Complementarities On The Adoption Of Multiple Process Technologies

机译:财务约束,吸收能力和互补性对采用多种工艺技术的影响

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This paper investigates the factors affecting the multiple adoption of new process technologies in manufacturing. We focus our attention on the effect of both financial resources and absorptive capacity on the decision to introduce the technology. We argue in favour of a negative effect of financial constraints and provide reasons for a differential effect of internal and external R&D on innovation adoption. Additionally, the methodology allows us to consider the possible complementarities arising when firms adopt several new process technologies. Our results show that financial constraints are dependent on the technology analyzed, whereas only internal R&D investments are strong predictors of adoption. We are also able to present evidence that the three technologies analyzed (numerically controlled machines, computer aided design and robotics) are, to some extent, complementary.
机译:本文调查了影响新工艺技术在制造业中的广泛采用的因素。我们将注意力集中在财务资源和吸收能力对引进该技术的决定上的影响上。我们主张财务约束的负面影响,并提供内部和外部研发对创新采用产生不同影响的原因。此外,该方法使我们可以考虑公司采用几种新的工艺技术时可能产生的互补性。我们的结果表明,财务约束取决于所分析的技术,而只有内部R&D投资是采用率的有力预测指标。我们还能够提供证据,证明所分析的三种技术(数控机器,计算机辅助设计和机器人技术)在某种程度上是互补的。

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