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Rate Of Adoption

What is 'Rate Of Adoption'

The number of members of a society who start using a new technology or innovation during a specific period of time. The rate of adoption is a relative measure, meaning that the rate of one group is compared to the adoption of another, often of the entire society.


Attributes of an innovation that affect the rate of adoption include the advantage created by adopting the innovation, the ease at which the innovation can be adopted into daily life, the ability of other members of society to see those who have already adopted the innovation and the expense associated with trying the innovation.

Explaining 'Rate Of Adoption'

The adoption rate is part of the diffusion of innovations theory, which seeks to explain how the use of new technologies, processes and innovations spreads through a society, and why they are adopted over old methods.


One major factor that influences the rate of adoption is the type of society that is being introduced to an innovation, as closed societies and societies without clear communication between adopters and non-adopters are less likely to take on a new technology.


Further Reading


The influence of financial incentives and other socio-economic factors on electric vehicle adoption
www.sciencedirect.com [PDF]
… through EV development and use is limited by externalities; neo-classical economics indicates that … examining if and to what extent financial incentives and other socio-economic factors explain … driving range, and long charge period all have a negative impact on adoption rate …

Boom and bust patterns in the adoption of financial innovationsBoom and bust patterns in the adoption of financial innovations
academic.oup.com [PDF]
… through EV development and use is limited by externalities; neo-classical economics indicates that … examining if and to what extent financial incentives and other socio-economic factors explain … driving range, and long charge period all have a negative impact on adoption rate …

Tax increment financing: Municipal adoption and growthTax increment financing: Municipal adoption and growth
www.jstor.org [PDF]
… through EV development and use is limited by externalities; neo-classical economics indicates that … examining if and to what extent financial incentives and other socio-economic factors explain … driving range, and long charge period all have a negative impact on adoption rate …

Adoption determinants of the International Accounting Standards IAS/IFRS by the developing countriesAdoption determinants of the International Accounting Standards IAS/IFRS by the developing countries
www.sciencedirect.com [PDF]
… through EV development and use is limited by externalities; neo-classical economics indicates that … examining if and to what extent financial incentives and other socio-economic factors explain … driving range, and long charge period all have a negative impact on adoption rate …

Factors influencing new entrant dairy farmer's decision-making process around technology adoptionFactors influencing new entrant dairy farmer's decision-making process around technology adoption
www.tandfonline.com [PDF]
… through EV development and use is limited by externalities; neo-classical economics indicates that … examining if and to what extent financial incentives and other socio-economic factors explain … driving range, and long charge period all have a negative impact on adoption rate …

The adoption of Internet financial services: a qualitative studyThe adoption of Internet financial services: a qualitative study
www.emerald.com [PDF]
… through EV development and use is limited by externalities; neo-classical economics indicates that … examining if and to what extent financial incentives and other socio-economic factors explain … driving range, and long charge period all have a negative impact on adoption rate …

Socio-economic hurdles to widespread adoption of small-scale biogas digesters in Sub-Saharan Africa: A reviewSocio-economic hurdles to widespread adoption of small-scale biogas digesters in Sub-Saharan Africa: A review
www.sciencedirect.com [PDF]
… through EV development and use is limited by externalities; neo-classical economics indicates that … examining if and to what extent financial incentives and other socio-economic factors explain … driving range, and long charge period all have a negative impact on adoption rate …

The effects of tax increment financing on economic developmentThe effects of tax increment financing on economic development
www.sciencedirect.com [PDF]
… through EV development and use is limited by externalities; neo-classical economics indicates that … examining if and to what extent financial incentives and other socio-economic factors explain … driving range, and long charge period all have a negative impact on adoption rate …

Tax increment financing: Municipal adoption and effects on property value growthTax increment financing: Municipal adoption and effects on property value growth
journals.sagepub.com [PDF]
… through EV development and use is limited by externalities; neo-classical economics indicates that … examining if and to what extent financial incentives and other socio-economic factors explain … driving range, and long charge period all have a negative impact on adoption rate …


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