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Innovation is the major driver of economic growth and development. To analyze innovation processes the restriction of a … framework suited to the analysis of innovation towards the industrial sphere of an economy is not sufficient because of the … important co-evolutionary dimensions of innovation. Instead, a comprehensive economic theoretical approach is needed which …
Persistent link: https://www.econbiz.de/10005041932
Empirical research in organizational ecology has mainly focused on analyzing founding and mortality rates using life history data of the organizations. We try to extend this approach in our study in a number of ways. In contrast to most empirical studies in organizational ecology, we chose a...
Persistent link: https://www.econbiz.de/10005125126
employment despite of innovation from employment via innovation. In the context of new innovation economics we model an …
Persistent link: https://www.econbiz.de/10005570405
The building blocks of our model are bounded-rational actors with specific sets of endowments: 'entrepreneurial spirit', human capital and venture capital. The entrepreneurial behavior to found a firm is triggered by the individuals' endowments, their social network and the evaluation of the...
Persistent link: https://www.econbiz.de/10005570406
innovation as the first commercial application and diffusion as the spreading out of the new technologies. This means that in the …
Persistent link: https://www.econbiz.de/10005022082
An agent-based simulation model representing a theory of the dynamic processes involved in innovation in modern …. The aim of the simulation exercises is to show that the artificial innovation networks show certain characteristics they … share with innovation networks in knowledge intensive industries and which are difficult to be integrated in traditional …
Persistent link: https://www.econbiz.de/10005125127
An agent-based simulation model representing a theory of the dynamic processes involved in innovation in modern …
Persistent link: https://www.econbiz.de/10005392584