Development and application of mathematical models for internet access technology substitution
Authors: Giovanis, Apostolos 
Skiadas, Christos 
Issue Date: 1-Jan-2007
Book: Recent Advances in Stochastic Modeling and Data Analysis 
Keywords: Internet access, Substitution models, Technologies, Technology marketing
Abstract: 
Technological change is a dynamic and multidimensional phenomenon involving substitution and diffusion of technologies. In this process new technologies are entered into the market while the old ones are displaced. Various models have been constructed to explore the principles of technology substitutions. In general there are two approaches in tackling the problem. The first approach is using the replacing factor as the measure of technology substitution assuming that it is a function of market share captured by the technology or/and the time elapsed since technology introduction into the economic system. The second approach models the competitive technologies penetration separately where their intrinsic and competitive effects are explicitly represented into the relevant models. The purpose of this paper is to review the existent modeling approaches of technology substitution and analyze the factors affecting the interrelationship between the competing technologies. Finally, the models under review will be used to describe the substitution of the dial-up by the broadband technology for internet connectivity purposes and the models’ fitting and forecasting performance is illustrated.
ISBN: 9789812709691
DOI: 10.1142/9789812709691_0034
URI: https://uniwacris.uniwa.gr/handle/3000/2523
Type: Book Chapter
Department: Department of Business Administration 
School: School of Administrative, Economics and Social Sciences 
Affiliation: University of West Attica (UNIWA) 
Appears in Collections:Book Chapter / Κεφάλαιο Βιβλίου

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