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A SYSTEM OPTIMIZATION MODEL OF ADOPTION OF A NEW INFRASTRUCTURE WITH MULTI-RESOURCE AND MULTI-DEMAND SITES

A SYSTEM OPTIMIZATION MODEL OF ADOPTION OF A NEW INFRASTRUCTURE WITH MULTI-RESOURCE AND MULTI-DEMAND SITES
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摘要 This study develops a conceptual system optimization model of adoption of a new infrastructure technology with multiple resource sites and multiple demand sites. With the model, this paper analyzes how the distance, spillover effect, demand, initial investment cost, and learning rate influence the adoption of the new infrastructure technology and presents optimization results of the model in different scenarios. The main findings of the study are: from the perspective of system optimization, (1) different distances among different resource-demand pairs will result in different adoption time of a new infrastructure; (2) technological spillover among different resource-demand pairs will accelerate the adoption of a new infrastructuxe; (3) it is hard to say that higher demand will pull faster adoption of a new infrastructure, and the optimal time of adopting of a new infrastructure is very sensitive to its technological learning rate. This study develops a conceptual system optimization model of adoption of a new infrastructure technology with multiple resource sites and multiple demand sites. With the model, this paper analyzes how the distance, spillover effect, demand, initial investment cost, and learning rate influence the adoption of the new infrastructure technology and presents optimization results of the model in different scenarios. The main findings of the study are: from the perspective of system optimization, (1) different distances among different resource-demand pairs will result in different adoption time of a new infrastructure; (2) technological spillover among different resource-demand pairs will accelerate the adoption of a new infrastructuxe; (3) it is hard to say that higher demand will pull faster adoption of a new infrastructure, and the optimal time of adopting of a new infrastructure is very sensitive to its technological learning rate.
出处 《Journal of Systems Science and Systems Engineering》 SCIE EI CSCD 2016年第1期62-76,共15页 系统科学与系统工程学报(英文版)
关键词 System optimization model technology adoption new infrastructure System optimization model, technology adoption, new infrastructure
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