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This paper deals with innovative activities of firms, the resulting market success as well as the interdependencies between both. In a first theoretical part, different cases of those interdependencies are investigated by the way of a simple model based on replicator dynamics. It is shown that...
Persistent link: https://www.econbiz.de/10010263832
This paper deals with innovative activities of firms, the resulting market success as well as the interdependencies between both. In a first theoretical part, different cases of those interdependencies are investigated by the way of a simple model based on replicator dynamics. It is shown that...
Persistent link: https://www.econbiz.de/10012709236
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shakeout using a novel data set on patenting in tires and production in the early 1920s of the cord tire, a key innovation we … also stimulate innovation and in the process reinforce the advantages of the leading incumbents, accentuating the shakeout … of producers. -- Submarkets ; Innovation ; Shakeouts …
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