On the coexistence of innovators and imitators

Roy Cerqueti; Fabio Tramontana; Marco Ventura

doi:10.1016/j.techfore.2014.03.011

On the coexistence of innovators and imitators

Roy Cerqueti, Fabio Tramontana, Marco Ventura

Università Cattolica del Sacro Cuore

Risultato della ricerca: Contributo in rivista › Articolo in rivista › peer review

18 Citazioni (Scopus)

Abstract

The article develops a model laying a foundation for the idea that the relationships between competitors in the knowledge diffusion market can be described by a Lotka–Volterra system. The model can accommodate both the scenario of prey–predator and that of competition between innovators and imitators. Analytic results and numerical simulations show that a stable coexistence equilibrium is feasible under both scenarios. The work also discusses the conditions under which these results are achievable.

Lingua originale	English
pagine (da-a)	487-496
Numero di pagine	10
Rivista	Technological Forecasting and Social Change
Volume	90
DOI	https://doi.org/10.1016/j.techfore.2014.03.011
Stato di pubblicazione	Pubblicato - 2015

Keywords

Knoledge diffusion
Lotka-Volterra system

Accesso al documento

10.1016/j.techfore.2014.03.011

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AB - The article develops a model laying a foundation for the idea that the relationships between competitors in the knowledge diffusion market can be described by a Lotka–Volterra system. The model can accommodate both the scenario of prey–predator and that of competition between innovators and imitators. Analytic results and numerical simulations show that a stable coexistence equilibrium is feasible under both scenarios. The work also discusses the conditions under which these results are achievable.

KW - Knoledge diffusion

KW - Lotka-Volterra system

KW - Knoledge diffusion

KW - Lotka-Volterra system

UR - http://hdl.handle.net/10807/67375

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DO - 10.1016/j.techfore.2014.03.011

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ER -

On the coexistence of innovators and imitators

Abstract

Keywords

Accesso al documento

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