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Diffusion of innovation: a model of evolutionary processes

Listed author(s):
  • Bukin, Kirill

    ()

    (NRU HSE)

The present study is the diffusion of innovation. The purpose of research - to build a model of innovative processes in the space of attributes or characteristics of the products. It analyzes the main problems of the diffusion of innovation, as well as different approaches to the modeling of diffusion processes, including changes in the quality of innovative products and technologies. We propose an original model of diffusion of innovations in the space of properties, allowing to analyze possible changes in the properties of innovative products and identify ways to predict the appearance of products with fundamentally new properties.

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File URL: ftp://w82.ranepa.ru/rnp/ecopol/ep1563.pdf
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Article provided by Russian Presidential Academy of National Economy and Public Administration in its journal Economic Policy.

Volume (Year): 6 (2015)
Issue (Month): ()
Pages: 133-143

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Handle: RePEc:rnp:ecopol:ep1563
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  1. Kandori, Michihiro & Mailath, George J & Rob, Rafael, 1993. "Learning, Mutation, and Long Run Equilibria in Games," Econometrica, Econometric Society, vol. 61(1), pages 29-56, January.
  2. Fudenberg, Drew & Imhof, Lorens A., 2006. "Imitation processes with small mutations," Journal of Economic Theory, Elsevier, vol. 131(1), pages 251-262, November.
  3. 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.
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