The product lifecycle model can be understood as a three-stage model of technological development associated with a particular product technology. In the explorative stage many different designs are developed, in the development stage products become standardized into a dominant design, and in...

This document contains a description of the main purposes and characteristics of Lsd. It discusses the problems related to the use of simulations in social sciences and describes how Lsd tackles these problems. In general, the use of simulations is constrained by two kinds of problems:...

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...