On the coexistence of innovators and imitators
Cerqueti, R., Tramontana, F. and Ventura, M. (2015). On the coexistence of innovators and imitators. Technological Forecasting and Social Change. 90 (B), pp. 487-496.
|Authors||Cerqueti, R., Tramontana, F. and Ventura, M.|
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.
|Journal||Technological Forecasting and Social Change|
|Journal citation||90 (B), pp. 487-496|
|Digital Object Identifier (DOI)||doi:10.1016/j.techfore.2014.03.011|
|Online||02 Apr 2014|
|Publication process dates|
|Accepted||15 Mar 2014|
|Deposited||06 Mar 2020|
|Accepted author manuscript|
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