Knowledge Clusters and Multidimensional Proximity: An Agent-Based Simulation

Carlo Bottai and Martina Iori

Department of Economics and Statistics Cognetti de Martiis. Working Papers from University of Turin

Abstract: We will use an Agent-Based Model in order to study how innovation can emerge from the interaction between firms. In particular, we are interested in studying how the clusters that emerges from these interactions influence the ability of bounded rational firms in reacting creatively to out-of-equilibrium conditions. Moreover, we will introduce two type of firms – traditional and innovative – and we will observe if and how this difference influences the outcomes.

Pages: 29 pages
Date: 2015-07
New Economics Papers: this item is included in nep-cmp, nep-cse, nep-geo, nep-ino, nep-knm, nep-sbm and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:uto:dipeco:201528

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