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Innovate or Imitate? Who Survives? Who Benefits? Agent-Based Modeling of a Technology-Driven Competitive Industry
Chen, Shu-Heng
;
Chang, Chia-Ling
- In:
Journal of Economics and Management
1
(
2005
)
2
,
pp. 143-162
In this paper, we study the behavior of innovation and
imitation
among a group of firms in a competitive industry. To …
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