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Technology-Firm (Mis)Matches

, Assistant Professor of Finance

Technology adoption is a key driver of growth. However, many technology adoption attempts by firms do not persist. Similarly, media coverage often focuses on technologies that never become central to a firm’s operations. This project studies factors that produce a successful match between a firm and a technology, and documents how firms and markets assess such matches. The results could be informative of corporate decision-making, investment valuations, and determinants of growth.