An agent-based simulation model representing a theory of the dynamic processes involved in innovation in modern … knowledge-based industries is described. The agent-based approach allows the representation of heterogeneous agents that have … individual and varying stocks of knowledge. The simulation is able to model uncertainty, historical change, effect of failure on …

share with innovation networks in knowledge intensive industries and which are difficult to be integrated in traditional …An agent-based simulation model representing a theory of the dynamic processes involved in innovation in modern … knowledge-based industries is described. The agent-based approach allows the representation of heterogeneous agents that have …