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, ROY;
2015-01-01
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 in questo prodotto:
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Cerqueti_Coexistence-innovators-imitators_2015.pdf
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