Table 4

Comparative analysis of numerical examples illustrating the diffusion of technology and its impact on asset prices (⁠b=0.035⁠)

Early stageLate stage
γ0.10.20.80.9
μ0.10.211
η10511
i0.05880.05880.08240.0706
roe0.87740.46810.16600.1534
q‾14.91637.95822.01612.1726
Increase in q‾−0.46650.0776
Investment strategyInvest in productionInvest in production

Source(s): Author’s own work

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