An agent-based computational model is developed to explore the evolutionary dynamics of an industry which is subject to knowledge-based competition with entry and exit. It views the production process as a system of inter-dependent activities and the firm as an adaptive entity whose survival depends on its ability to perform various activities with greater efficiency than its rivals. The model is capable of generating many empirical regularities, including those on firm turnovers, evolving market structure, and the intra-industry technological diversity. Comparative dynamics analyses are performed to investigate how these regularities are affected by various industry-specific factors such as the attributes of the market environment, search propensities and the nature of the technology space in which individual firm's learning takes place.

This is the whole item.

Date created

• 2007 July 29-2007 August 2

Type

• Document

Processing Activity

• Processing documentation available at: https://wiki.albany.edu/display/SCA/Processing+Ingested+Digital+Files

License

• Creative Commons BY-NC-ND Attribution-NonCommercial-NoDerivs 4.0 International

  
  Contact Us for questions or additional rights.

ITEM CONTEXT

Part of

298eed5a7fe199ac661be72f3a39f134

Scope and Contents

Part of

0619e689ce89476bfd3b88323c5a9410

Scope and Contents

Part of

23d738ba88f8333bc39725f9cb5bd0b8

Scope and Contents

Collection

System Dynamic Society Records

Scope and Contents

Collecting area

• This collection is part of the University Archives