This dissertation investigates the effects of market forces and government regulation on the innovation decision of firms. Using Florida data on the adoption of high technology equipment in hospitals I analyzed the effects of market share, concentration, ownership including teaching status, cost and revenue, background demand such as population and income of the relevant market. / In addition, the effects of regulatory changes such as Prospective Payment System (PPS) and Certificate of Need (CON) deregulation were investigated using dynamic Weibull regression model. The Model shows the impact of explanatory variables on the likelihood of innovation and changes in the marginal probability of adoption flowing through time. / The result of estimation shows that leading firms in more competitive markets adopt earlier than others. Teaching status of a hospital, which offers technological advantage, encourages it to innovate earlier than others. The behavioral change of regulating agency rather than official deregulation appeared to affect innovation decision of firms. It is hoped that this study will better clarify the relative importance of the key variables as well as the usefulness of dynamic econometric modelling approaches so that policy makers may obtain clearer intuition about how hospitals approach major adoptions, and what factors to consider in shaping innovation policies. / Source: Dissertation Abstracts International, Volume: 52-03, Section: A, page: 1013. / Major Professor: Gary M. Fournier. / Thesis (Ph.D.)--The Florida State University, 1991.
| Identifer | oai:union.ndltd.org:fsu.edu/oai:fsu.digital.flvc.org:fsu_76336 |
| Contributors | Shin, Jin., Florida State University |
| Source Sets | Florida State University |
| Language | English |
| Detected Language | English |
| Type | Text |
| Format | 165 p. |
| Rights | On campus use only. |
| Relation | Dissertation Abstracts International |
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