Can we drop internal selection in the evolutionary analysis of the firm?

Nadia Jacoby ()
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Nadia Jacoby: MATISSE - UMR 8595 - Modélisation Appliquée, Trajectoires Institutionnelles et Stratégies Socio-Économiques - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique

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Abstract: Evolutionary approaches of the firm devote a part of their analysis to firm behavior and to some processes acting inside the firm, however the internal workings of firms are, most of the time, not deeply analyzed. In this perspective, this paper attempts to investigate whether "we can drop internal selection in the evolutionary analysis of the firm". In order to answer this question, we propose a micro-simulation model of internal selection where firms are engaged in production and R&D activities. They carry out two kinds of R&D and do not run any imitation process. Internal selection acts on R&D projects and we measure the impact of the selection mechanism on the firms' performances. The model generates persistent differences between firms according to their internal selection process.

Keywords: Innovation; Internal Selection; Market Dynamics; R&D; Technological Performance (search for similar items in EconPapers)
Date: 2005
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Published in European Journal of Economic and Social Systems, 2005, 18 (2), pp.233-253

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Persistent link: https://EconPapers.repec.org/RePEc:hal:cesptp:hal-00261593

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