Technological Competition: a Qualitative Product Life Cycle

Marco Valente

Technological Competition: a Qualitative Product Life Cycle

Marco Valente

American University in Cairo

Research output: Working paper › Research

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Abstract

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.

Original language	English
Place of Publication	Frederiksberg
Publisher	DRUID - Danish Research Unit for Industrial Dynamics
Number of pages	40
ISBN (Print)	8778730422
Publication status	Published - 1998
Externally published	Yes

Series	DRUID Working Paper
Number	98-6

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DRUID Working Paper No. 98-6Final published version, 985 KBLicence: CC BY-NC-ND

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AB - 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.

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BT - Technological Competition: a Qualitative Product Life Cycle

PB - DRUID - Danish Research Unit for Industrial Dynamics

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