Technological Competition a Qualitative Product Life Cycle

In this work, it is proposed to consider the evolution of markets for technological innovative products as a co-evolutionary process, where the product characteristics are the results of the interaction between producers technological advances and buyers’ preferences evolution. A methodological discussion identifies some necessary properties for a model to study this issue. A model of technological competition is developed, and its results discussed, to test a possible implementation of the supply side of the co-evolutionary process.

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Year of publication:	1998
Authors:	Valente, Marco
Institutions:	DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies
Subject:	Technological Competition \| Co-Evolution \| Modelling

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Extent:	application/pdf
Series:	DRUID Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	The text is part of a series DRUID Working Papers Number 98-6
Classification:	C63 - Computational Techniques ; D43 - Oligopoly and Other Forms of Market Imperfection ; D83 - Search, Learning, Information and Knowledge ; O32 - Management of Technological Innovation and R&D
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005627375