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The diffusion of technological innovation in the commercial banking industry
Author(s) -
Pennings Johannes M.,
Harianto Farid
Publication year - 1992
Publication title -
strategic management journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 11.035
H-Index - 286
eISSN - 1097-0266
pISSN - 0143-2095
DOI - 10.1002/smj.4250130104
Subject(s) - variety (cybernetics) , business , banking industry , innovation diffusion , stock (firearms) , industrial organization , affect (linguistics) , technological change , marketing , sample (material) , commercial banking , economics , accounting , finance , engineering , computer science , mechanical engineering , linguistics , philosophy , chemistry , chromatography , artificial intelligence , macroeconomics
This paper examines the propensity of organizations to adopt technological innovations. Technological innovations evolve from the stock of skills which organizations have accumulated over time. Linkages with extramural sources of technology are presumed to be important as well. Hypotheses are tested on a sample of commercial banks. Findings show that prior experience in information technology, in tandem with a variety of interfirm linkages, will affect the banks' decision to adopt this innovation.