The article develops a model laying a foundation for the idea that the relationships between competitors in the knowledge diffusion market can be described by a Lotka–Volterra system. The model can accommodate both the scenario of prey–predator and that of competition between innovators and imitators. Analytic results and numerical simulations show that a stable coexistence equilibrium is feasible under both scenarios. The work also discusses the conditions under which these results are achievable.
On the coexistence of innovators and imitators / Cerqueti, R; Tramontana, F; Ventura, Marco. - In: TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE. - ISSN 0040-1625. - 90(part B):(2015), pp. 487-496. [dx.doi.org/10.1016/j.techfore.2014.03.011]
On the coexistence of innovators and imitators
Cerqueti R;Ventura Marco
2015
Abstract
The article develops a model laying a foundation for the idea that the relationships between competitors in the knowledge diffusion market can be described by a Lotka–Volterra system. The model can accommodate both the scenario of prey–predator and that of competition between innovators and imitators. Analytic results and numerical simulations show that a stable coexistence equilibrium is feasible under both scenarios. The work also discusses the conditions under which these results are achievable.| File | Dimensione | Formato | |
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