On the coexistence of innovators and imitators

Roy Cerqueti, Fabio Tramontana, Marco Ventura

Risultato della ricerca: Contributo in rivistaArticolo in rivistapeer 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 originaleEnglish
pagine (da-a)487-496
Numero di pagine10
RivistaTechnological Forecasting and Social Change
Volume90
DOI
Stato di pubblicazionePubblicato - 2015

Keywords

  • Knoledge diffusion
  • Lotka-Volterra system

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