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Technology Adoption and Career Concerns: Evidence from the Adoption of Digital Technology in Motion Pictures

Author

Listed:
  • Grant Goehring
  • Filippo Mezzanotti
  • S. Abraham (Avri) Ravid

Abstract

This paper studies the impact of career concerns on technological change by analyzing the adoption of digital cinematography in the US motion picture industry. This setting allows us to collect rich data on the adoption of this new technology at the project-level (i.e., movie) as well as on the career of the main decision maker (i.e., director). We find that early career directors played a leading role in the adoption of digital technology and that this effect appears to be explained by career concerns, rather than alternative motives we consider and analyze. Technological savviness also plays a role.

Suggested Citation

  • Grant Goehring & Filippo Mezzanotti & S. Abraham (Avri) Ravid, 2024. "Technology Adoption and Career Concerns: Evidence from the Adoption of Digital Technology in Motion Pictures," NBER Working Papers 32844, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:32844
    Note: CF PR
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    More about this item

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other

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