Article | Harvard Business Review | March 2012

How Early Adoption Has Increased Wealth--Until Now

by Diego Comin and Bart Hobijn

Abstract

Societies that are better at utilizing tools are likely to be more productive. The authors have studied when 161 countries adopted 104 technologies over the past 200 years, and they conclude that profound economic advantages-as measured by per capita income-accrue to early adopters of technology.

Keywords: Technology Adoption; Wealth; Development Economics; Performance Productivity; Competitive Advantage;

Citation:

Comin, Diego, and Bart Hobijn. "How Early Adoption Has Increased Wealth--Until Now." Harvard Business Review 90, no. 3 (March 2012): 34–35.