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This paper extends the existing literature on strategic R&D alliances by presenting a model of innovation networks with endogenous absorptive capacity. The networks emerge as a result of bilateral cooperation over time between firms occupying different locations in the knowledge space. Social...
Persistent link: https://www.econbiz.de/10009784064
Climate policy has been mainly studied with economic models that assume representative, rational agents. However, it aims at changing behavior associated with carbon-intensive goods that are often subject to bounded rationality and social preferences, such as status and imitation. Here we use a...
Persistent link: https://www.econbiz.de/10011337072
which individuals are nodes and the relationships between them are ties. In particular, graph theory is used in literature …
Persistent link: https://www.econbiz.de/10012713178
This paper presents an agent-based model (ABM) of endogenous arrival of technological paradigms and new sectors entailing different patterns of labour creation and destruction, as well as of consumption dynamics. The model, building on the labour-augmented K+S ABM, addresses the long-term...
Persistent link: https://www.econbiz.de/10012520255
In this paper I propose a novel abstract mechanism for the creation and diffusion of knowledge and use an agent based modelling approach to explore it. The mechanism takes into account the relation between the phenomena that agents attempt to explain and the stocks of knowledge available in a...
Persistent link: https://www.econbiz.de/10012591877
The paper presents an Agent-Based extension of Nelson-Winter model of schumpeterian competition. The original version … of innovation. The basic model presented here focuses on a particular aspect of schumpeterian competition: the …
Persistent link: https://www.econbiz.de/10010343814
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