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Technological Leapfrogging as a Source of Competitive Advantage
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Abstract
This paper examines technological leapfrogging industries characterized by long term investments in perennial crops. Threshold farm size and economic valuation are used to evaluate adoption of harvester innovations. Less than 1 percent of Polish farmers are able to adopt overhead harvesters and sunk costs limit the ability of rapid adjustments in U.S. technology.Research and Development/Tech Change/Emerging Technologies,