The idea that firms are subject to bandwagon or imitation influences occupies a key position as an explanatory variable in the literature on technology adoption and diffusion. This study examines whether bandwagon influences help to explain differences in the patterns of conversion to a new...

Based on data for a panel of several thousand Indian firms covering a period of 15 years, between 1991-1992 and 2005-2006, this article has examined the impact of financial retentions and debt types on the levels of R&D undertaken by firms. Retentions by firms clearly influence firms' R&D...

Models of advertising response implicitly assume that the entire advertising budget is spent on disseminating one message. In practice, managers use different themes of advertising (for example, price advertisements versus product advertisements) and within each theme they employ different...

In this paper we study whether the progressive liberalization of the U.S. telecommunications industry has altered the psychology of firms' behavior and led to performance changes. A detailed theoretical framework is developed, based on extension of the postulates of x-efficiency theory. Such an...