The main determinants of technology dynamics
in Tunisian manufacturing sectors
The data from the industrial survey provided
by Ministry of Scientific Research, Technology and Competency Development
(MSRTCD) for the period 2002-2004 is explored using regression trees
and Probit models in order to discover main factors that favor the
innovative capacity of Tunisian firms. Our results show that we
must distinguish process and product
innovations because they are driven by different mechanisms.
This analysis allows us to suggest some differentiated policy indications
for fostering innovative capacity in these sectors.
Consumer decision rules for agent-based models
Market dynamics depend not only from supply-side
choices but also from the decision making process of consumers during
the different phases of the sector life cycle. Quoted in several
peer-review journals, this paper offers a micro-foundation of demand
allowing for heterogenous bounded rational consumers, product differentiation,
purchase repetition over time.
In particular, you shall find the rules of consumer
behavour used in the freely downloadable model
of free competition with bi-directional product differentiation,
and finance that gave rise to these micro-data
showing you the characteristichs of early adopters, late adopters,
Moreover, it suggests to ACE modellers a "golden
rule" for more realistic models.
Peer-reviewed journals quoting this paper:
IBM Journal of Research and Development
European Journal of Operational Research
Gaming Law Review and Economics
ASME 2006 International Design Engineering Technical Conferences
and Computers and Information in Engineering Conference
International Business Information Management
Design of Regional Innovation Systems by Georg Erber
Income distribution along the value chain:
the case of Thai rice before and after a populist policy
The estimation of the structural model of how
benefits are shared among rice farmers, millers, and exporters,
before the policy implementation indicates a proportion of 68-2-30,
whereas it becomes 17-22-61 after the implementation. After
classifying the populism policy as two different regimes of paddy
pledging and rice farmer income guarantee, it is observed that the
benefit sharing structural model for the paddy pledging scheme is
17-22-61, which shows a tendency to generate deeper economic inequality
and unfairness than that under the rice farmer income guarantee
scheme, which seems to mitigate such problem at the benefit sharing
of 87-4-9. This methodology can be replicated in other value chains
across the globe.
design as marketing: How game mechanics create demand for virtual
goods (2010) - a paper quoting our key concept: product
You are a monopolist
The traditional monopolist's choice about price and quantity is
now given a new dynamic setting where you can interact. Demand is
unknown and the produced good is durable across periods of time.
Thus, sales needn't be equal to production since inventories can
pile up and go down. A lot of strategic consequences arise, as you
can discover playing with the business game.
Software [1900 KB] - Essay
Financial Decision Making, and Financial Crises (March 2010)
It is understandable in times of the current
financial crisis that people ask how this could happen. Since the
market actors appear irrational, it is also understandable that
people – lay people and experts alike – believe that psychological
factors play a decisive role. This article reviews, evaluates, and
discusses psychological research which has the potential of increasing
the understanding of both psychological antecedents and consequences
of financial crises. It also provide hints for new policies and
The Performativity of Routines:
Theorising the Influence of Artefacts and Distributed Agencies on
Routines Dynamics by L. DAdderio
Industry Dynamics, and the Evolution of the U.S. Laser Industry
Essay: How to
tranfer knowledge to SMEs
Guidelines on effective knowledge and technology
transfer activities to SMEs in the food sector with particular focus
on traditional food manufacturers.
A path-breaking contribution from an original
consortium of both trade associations and R&D providers, that
delivers a far-reaching approach that should be followed in many
further fields to enhance appropriate innovation and diffusion.
Technological paradigm: the new approach
to industrial dynamics
The production function of students' grade
A critical introduction to the neoclassical concept
of the "production function". To help students understanding
the concept and its limitations, the author proposes to take into
consideration a particular production process that should be well
known to them: the production of grades in an exams after an education
The persistence of innovation
The competitive advantage of firms depends crucially
on the firm’s ability to innovate over a long period of time.
This essay provides a review of literature on the subject and many
Global value chain: governance and typologies
Do We Define Value Chains and Production Networks
Governance of Global Value Chains
Chains: An Economist's Perspective
site for Global Value Chains
Interacting heterogeneous agents in finance
Behavioural finance overview (January 2006).
strategies: innovate or die
To devise new modified versions earlier than
expected during the product life cycle can costs you cannibalising
your own product but leaves no room to competitors,
thus resulting in long-term business success.
Industrial Growth and Competition - The Role of Technology
in Firm Success, Industry Evolution, and Regional and National Growth
Prof. Kenneth L. Simons explains in 150 pages
all what you need to know about the evolution of new industries,
the turnover of corporate leadership, the shakeouts and the industry
dynamics linked to concentration, innovation
sources, product differentiation.
Firm size growth, regional agglomerations of firms, the city dynamics
are mapped together with industry evolutionary patterns and evidence
about the false myth of the U-Shaped long-run firm cost
Agent-based modelling of house market
and price evolution
Deterministic and fuzzy rules for vendor/buyer
agents and other human agents, such as marketing agents and financial
organisations provide an extremely interesting dynamics of this
complex key market. Empirical data are feed into the model and used
to test it.
This excellent papers easily introduce the reader
into the modelling procedures (e.g. the determination of market
sentiment) and opens new ways of great interest.
Innovation science: the point of view
of Industrial Engineering
An original view on innovation across several
Andrew Kusiak homepage
large number of relevant papers by Prof. Kusiak
Data-Inspired Innovation Model by Andrew Kusiak and
Estimation of a dynamic discrete choice model
of irreversible investment
of Spanish manufacturing firms provides an important empirical evidence
that business investment - at micro level - is infrequent and lumpy.There
are periods in which firms decide not to invest and periods of large
investment episodes. Rocío Sánchez-Mangas develops
and tests consider a dynamic discrete choice model of irreversible
investment with a general specification of adjustment including
convex and nonconvex components.
Macroeconomic consequences of lumpy investments
can be grasped in this
other paper by Dosi, Fagiolo and Roventini.