Technological Competition a Qualitative Product Life Cycle

Marco Valente

No 98-6, DRUID Working Papers from DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies

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.

Keywords: Technological Competition; Co-Evolution; Modelling. (search for similar items in EconPapers)
JEL-codes: C63 D43 D83 O32 (search for similar items in EconPapers)
Date: 1998
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:aal:abbswp:98-6

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