On the coexistence of innovators and imitators

Roy Cerqueti

doi:10.1016/j.techfore.2014.03.011

On the coexistence of innovators and imitators

Roy Cerqueti

Research output: Contribution to journal › Article › peer-review

27 Citations (Scopus)

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.

Original language	English
Pages (from-to)	487-496
Journal	Technological Forecasting and Social Change
DOIs	https://doi.org/10.1016/j.techfore.2014.03.011
Publication status	Published - Jan 2015
Externally published	Yes

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On the coexistence of innovators and imitators

Abstract

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