Article ID Journal Published Year Pages File Type
7256932 Technological Forecasting and Social Change 2015 10 Pages PDF
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.
Related Topics
Social Sciences and Humanities Business, Management and Accounting Business and International Management
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