Jacoby, Nadia - Maison des Sciences Économiques, Université Paris 1 … - 2005
paper attempts to investigate whether " we can drop internal selection in the evolutionary analysis of the firm ". In order … to answer this question, we propose a micro-simulation model of internal selection where firms are engaged in production … and R&D activities. They carry out two kinds of R&D and do not run any imitation process. Internal selection acts on R …