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Formation of social networks and diffusion of innovations

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  • Deroian, Frederic

Abstract

Some innovations need delay to diffuse, others often fail. The formation of social networks is a possible explanation. Considering a population of potential adopters of a technology, we set-up a model composed of interacting agents. Interaction is conceived as influence effects and the network of interpersonal influences is learning step-by-step. The gradual formation of the social network leads, after a period of latency, to a collective evaluation of the innovation.
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  • Deroian, Frederic, 2002. "Formation of social networks and diffusion of innovations," Research Policy, Elsevier, vol. 31(5), pages 835-846, July.
    • Handle: RePEc:eee:respol:v:31:y:2002:i:5:p:835-846
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