Competition, Variety and Technological Evolution: A Replicator Dynamics Model
AbstractIn this paper a model of technological evolution based on replicator dynamics is developed. Such a model is based on a twin characteristics representation of product technology and on a population approach. The model can give a general representation of technological evolution but this paper concentrates on the relationship between variety and competition. Variety is considered to be a very important variable influencing economic development. By means of the characteristics and population approach adopted in this paper it is possible to distinguish between inter- and intra-technology competition. In this paper it is demonstrated that the variety of the system can only increase if intra-technology competition is more intense than inter-technology competition. Intuitively this implies that new technologies will only be able to emerge if incumbent technologies experience the competition coming from the new ones to be weaker than their own internal competition.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by Springer in its journal Journal of Evolutionary Economics.
Volume (Year): 5 (1995)
Issue (Month): 4 (December)
Contact details of provider:
Web page: http://link.springer.de/link/service/journals/00191/index.htm
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Jurgen Essletzbichler & David Rigby, 2005. "Technological evolution as creative destruction of process heterogeneity: evidence from US plant-level data," Economic Systems Research, Taylor & Francis Journals, vol. 17(1), pages 25-45.
- Weel,B.J.,ter, 1997.
013, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).
- Andreas Pyka & Paolo Saviotti, 2002.
"Innovation Networks in the Biotechnology-Based Sectors,"
Discussion Paper Series
220, Universitaet Augsburg, Institute for Economics.
- Andreas Pyka & Paolo Saviotti, 2001. "Innovation Networks in the Biotechnology-Based Sectors," Discussion Paper Series 205, Universitaet Augsburg, Institute for Economics.
- Frenken, Koen & Saviotti, Paolo P. & Trommetter, Michel, 1999. "Variety and niche creation in aircraft, helicopters, motorcycles and microcomputers," Research Policy, Elsevier, vol. 28(5), pages 469-488, June.
- Uwe Cantner & Jens J. Krüger & René Söllner, 2012.
"Product quality, product price, and share dynamics in the German compact car market,"
Industrial and Corporate Change,
Oxford University Press, vol. 21(5), pages 1085-1115, October.
- Uwe Cantner & Jens J. Krüger & Rene Söllner, 2010. "Product Quality, Product Price, and Share Dynamics in the German Compact Car Market," Jena Economic Research Papers 2010-024, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics.
- Safarzynska, Karolina & van den Bergh, Jeroen C.J.M., 2011. "Beyond replicator dynamics: Innovation-selection dynamics and optimal diversity," Journal of Economic Behavior & Organization, Elsevier, vol. 78(3), pages 229-245, May.
- van den Bergh, Jeroen C.J.M., 2008. "Optimal diversity: Increasing returns versus recombinant innovation," Journal of Economic Behavior & Organization, Elsevier, vol. 68(3-4), pages 565-580, December.
- Geoffrey Hodgson & Kainan Huang, 2012. "Evolutionary game theory and evolutionary economics: are they different species?," Journal of Evolutionary Economics, Springer, vol. 22(2), pages 345-366, April.
- Fabio Montobbio, 2000.
"An Evolutionary Model of Industrial Growth and Structural Change,"
KITeS Working Papers
121, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised Nov 2000.
- Montobbio, Fabio, 2002. "An evolutionary model of industrial growth and structural change," Structural Change and Economic Dynamics, Elsevier, vol. 13(4), pages 387-414, December.
- Silverberg,Gerald, 1997. "Evolutionary modeling in economics : recent history and immediate prospects," Research Memorandum 008, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).
- Wezel, Filippo Carlo, 2002. "The organization enacts the environment and the environment feeds back : mortality rates in the UK motorcycle industry, 1895-1993," Research Report 02G41, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
- Saviotti, Pier Paolo, 1998. "On the dynamics of appropriability, of tacit and of codified knowledge," Research Policy, Elsevier, vol. 26(7-8), pages 843-856, April.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn) or (Christopher F Baum).
If references are entirely missing, you can add them using this form.