James WatersBA (Hons), MA
Current Status: Registered
Year of Registration: 2011
Expected Completion Date: /09/2014
Primary Funding Source:
Business School funded
The effects of technology sharing agreements (TSAs) on innovation and diffusion of technology and information.
My research topic looks at the effects of technology sharing agreements (TSAs) on innovation and diffusion of technology and information. I specify multiagent dynamic models analysed using game theory, where TSAs are characterised by the extent of fixed price and negotiated transfer of a new technology or information about it from users to non-users. I identify multiple mechanisms of influence acting through the moderating factors of market power, uncertainty, information and adoption complementarities, and investment incentives. Model parameterisation follows from estimation on a newly assembled dataset. Comparative statics and dynamics are undertaken at the parameterisation, and the effect of TSAs examined in total and along each mechanism.
The thesis presents three nested theoretical models investigating the same phenomena under adjusted causal mechanisms. I start by looking at a market in which companies use one of two technologies differing in productivity to manufacture a consumer good, and the more productive technology may be sold between them. I then add an information market, where companies can buy information that enables them to make better decisions about technology purchases. Finally, I assume that companies have the extra option to innovate as well as buy the technology. In all cases, TSAs restrict price negotiation flexibility.
CurrentTeaching: Two hours per week, potentially six hours.
Research Supervisor/s: Giuliana Battisti and Paul Fenn
Division: Economics and Finance