A baseline model of industry evolution

The paper analyses the properties and outcomes of competitive dynamics in industries characterized by heterogeneous firms and continuing stochastic entry. A formal analytical apparatus is developed, able to derive some generic properties of the underlying competition process combining persistent technological heterogeneity, differential growth of individual firms and turnover.

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Year of publication:	2003
Authors:	Winter, Sidney G. ; Kaniovski, Yuri M. ; Dosi, Giovanni
Publisher:	Pisa : Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)
Subject:	Industriestruktur \| Strukturwandel \| Markteintritt \| Stochastischer Prozess \| Wettbewerb \| Evolutionsökonomik \| Theorie \| Evolutionäre Spieltheorie

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Series:	LEM Working Paper Series ; 2003/12
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	391309471 [GVK] hdl:10419/89363 [Handle] RePEc:ssa:lemwps:2003/12 [RePEc]
Source:	EconStor

Persistent link: https://www.econbiz.de/10010328451