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An extended n-player network game and simulation of four investment strategies on a complex innovation network
Zhou, Wen; Koptyug, Nikita; Ye, Shutao; Jia, Yifan; Lu, … - 2015
As computer science and complex network theory develop, non-cooperative games and their formation and application on complex networks have been important research topics. In the inter-firm innovation network, it is a typical game behavior for firms to invest in their alliance partners....
Persistent link: https://www.econbiz.de/10011442489
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An extended n-player network game and simulation of four investment strategies on a complex innovation network
Zhou, Wen; Kotpyug, Nikita; Ye, Shutao; Jia, Yifan; Lu, … - 2015
As computer science and complex network theory develop, non-cooperative games and their formation and application on complex networks have been important research topics. In the inter-firm innovation network, it is a typical game behavior for firms to invest in their alliance partners....
Persistent link: https://www.econbiz.de/10011418694
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The Natural Cycle: WHY Economic Fluctuations are Inevitable. A Schumpeterian Extension of the Austrian Business Cycle Theory
Ferlito, Carmelo - In: Journal of Reviews on Global Economics 3 (2014), pp. 200-219
The conventional version of Austrian business cycle theory focuses on a temporary imbalance between natural and monetary rates of interest. When, because of the role of monetary authorities in defining the monetary rate, the two values are in a situation of imbalance, the resulting expansion...
Persistent link: https://www.econbiz.de/10010795046
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Innovation begets innovation and concentration: The case of upstream oil & gas in the North Sea
Fioretti, Michele; Iaria, Alessandro; Janssen, Aljoscha; … - 2022
The mixed-demand model allows for very flexible specification of what should be considered endogenous and exogenous in demand system estimation. This paper introduces a revealed preference framework to analyze the mixed-demand model. The proposed methods can be used to test whether observed data...
Persistent link: https://www.econbiz.de/10014278164
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Innovation begets innovation and concentration : the case of upstream oil & gas in the North Sea
Fioretti, Michele; Iaria, Alessandro; Janssen, Aljoscha; … - 2022
The mixed-demand model allows for very flexible specification of what should be considered endogenous and exogenous in demand system estimation. This paper introduces a revealed preference framework to analyze the mixed-demand model. The proposed methods can be used to test whether observed data...
Persistent link: https://www.econbiz.de/10013257002
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Innovative leadership: First-mover advantages in new product adoption
Jensen, Richard - In: Economic Theory 21 (2003) 1, pp. 97-116
This paper analyzes innovation adoption when uncertainty about its profitability cannot be resolved immediately. Firms … estimates that can induce future adoption by additional firms that reduces the initial adoption payoff. Moreover, innovative … leadership does not imply initial adoption because leadership implies a greater waiting payoff as well as a greater adoption …
Persistent link: https://www.econbiz.de/10005371168
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The Diffusion and Adoption of Advanced Technologies in Canada: An Overview of the Issues
Gafni, Elad - Center for the Study of Living Standards (CSLS) - 2005
The adoption of advanced technologies is a means of fostering productivity improvement. Many theories seek to explain … the process of advanced technology diffusion and adoption. Canadian firms generally trail their U.S. counterparts in the … adoption of advanced technology. There are many critical gaps in our knowledge and understanding of technological diffusion in …
Persistent link: https://www.econbiz.de/10005481828
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Determinants of the diffusion of U.S. digital telecommunications
Shampine, Allan - In: Journal of Evolutionary Economics 11 (2001) 2, pp. 249-261
Cincinnati Bell. The data (graciously provided by DataQuest) indicate that the early period of adoption, which previous papers … have been unable to examine due to lack of data, is significantly different than the later period of adoption. In the early … determinants of adoption, while the distribution of population becomes important in the later period as firms finish building out …
Persistent link: https://www.econbiz.de/10005169510
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Finite Element Model of the Innovation Diffusion: An Application to Photovoltaic Systems
Karakaya, Emrah - Institutionen för Industriell Ekonomi och Organisation … - 2014
This paper presents a Finite Element Model, which has been used for forecasting the diffusion of innovations in time and space. Unlike conventional models used in diffusion literature, the model considers spatial heterogeneity. The implementation steps of the model are explained by applying it...
Persistent link: https://www.econbiz.de/10010818705
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Innovation Futures, The Nature of Speculation, and Stock Valuations
Obrimah, Oghenovo A. - 2020
This study provides formal theoretical evidence that, in of itself, and subsequent to the first day of trading, applications of the Gordon Growth Model to pricing of publicly traded equity incorporate informational `noise' and/or `shading of information' that, theoretically, are unbounded....
Persistent link: https://www.econbiz.de/10012845014