Technological Competition a Qualitative Product Life Cycle
In this work, it is proposed to consider the evolution of markets for technological innovative products as a co-evolutionary process, where the product characteristics are the results of the interaction between producers technological advances and buyers’ preferences evolution. A methodological discussion identifies some necessary properties for a model to study this issue. A model of technological competition is developed, and its results discussed, to test a possible implementation of the supply side of the co-evolutionary process.
|Date of creation:||1998|
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- W. Fontana & L.W. Buss, 1996. "The Barrier of Objects: From Dynamical Systems to Bounded Organizations," Working Papers wp96027, International Institute for Applied Systems Analysis.
- Klepper, Steven, 1997. "Industry Life Cycles," Industrial and Corporate Change, Oxford University Press, vol. 6(1), pages 145-181.
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- Katz, Michael L & Shapiro, Carl, 1985. "Network Externalities, Competition, and Compatibility," American Economic Review, American Economic Association, vol. 75(3), pages 424-440, June.
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- Dosi, Giovanni, et al, 1997. "Industrial Structures and Dynamics: Evidence, Interpretations and Puzzles," Industrial and Corporate Change, Oxford University Press, vol. 6(1), pages 3-24.
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