The paper investigates empirically the decision of firms to adopt Information and Communication Technologies (ICT) based on a comprehensive specification of a rank model of technology adoption (complemented by epidemic effects) using firm-level data for the Swiss business sector. The explanatory variables include numerous dimensions of (anticipated) benefits from and costs of technology adoption allowing for uncertainty as well as for information and adjustment costs. Moreover, the size-dependence of the adoption decision is studied in detail. The model yields a quite robust pattern of explanation across estimates with different adoption variables (time period of adoption of specific ICT elements, intensity of use of ICT). Finally, an extended version of the model explores the role workplace organisation plays as a determinant of the adoption of ICT.
Technology Adoption Information and Communication Technology (ICT) Rank Model of Adoption Size-dependence of Adoption Decisions Workplace Organisation and Adoption of ICT