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Exploitation, exploration and innovation in a model of endogenous growth with locally interacting agents

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Cited by:

  1. Frank Beckenbach & Maria Daskalakis & David Hofmann, 2012. "Agent-based modelling of novelty creating behavior and sectoral growth effects—Linking the creative and the destructive side of innovation," Journal of Evolutionary Economics, Springer, vol. 22(3), pages 513-542, July.
  2. Giorgio Fagiolo & Daniele Giachini & Andrea Roventini, 2020. "Innovation, finance, and economic growth: an agent-based approach," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 15(3), pages 703-736, July.
  3. Stephen Roper & Helen Xia, 2014. "Unpacking open innovation: Absorptive capacity, exploratory and exploitative openness and the growth of entrepreneurial biopharmaceutical firms," Research Papers 0019, Enterprise Research Centre.
  4. Gerard Ballot & Antoine Mandel & Annick Vignes, 2015. "Agent-based modeling and economic theory: where do we stand?," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 10(2), pages 199-220, October.
  5. Giorgio Fagiolo & Paul Windrum & Alessio Moneta, 2006. "Empirical Validation of Agent Based Models: A Critical Survey," LEM Papers Series 2006/14, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
  6. Gianluca Misuraca & Giulio Pasi & Maria Cesira Urzi Brancati, 2017. "The potential and impact of ICT-enabled Social Innovation to promote social investment in the EU," JRC Research Reports JRC108517, Joint Research Centre.
  7. Thomas Brenner & Claudia Werker, 2006. "A Practical Guide to Inference in Simulation Models," Papers on Economics and Evolution 2006-02, Philipps University Marburg, Department of Geography.
  8. Lamperti, Francesco & Roventini, Andrea & Sani, Amir, 2018. "Agent-based model calibration using machine learning surrogates," Journal of Economic Dynamics and Control, Elsevier, vol. 90(C), pages 366-389.
  9. Dosi, Giovanni & Palagi, Elisa & Roventini, Andrea & Russo, Emanuele, 2023. "Do patents really foster innovation in the pharmaceutical sector? Results from an evolutionary, agent-based model," Journal of Economic Behavior & Organization, Elsevier, vol. 212(C), pages 564-589.
  10. Domenico Delli Gatti & Mauro Gallegati, 2004. "Weird Ties? : Growth, Cycles and Firms Dynamics in an Agent Based-Model with Financial Market Imperfections," Computing in Economics and Finance 2004 288, Society for Computational Economics.
  11. Stanislao Gualdi & Antoine Mandel, 2019. "Endogenous growth in production networks," Journal of Evolutionary Economics, Springer, vol. 29(1), pages 91-117, March.
  12. Giacomo Vaccario & Mario V. Tomasello & Claudio J. Tessone & Frank Schweitzer, 2018. "Quantifying knowledge exchange in R&D networks: a data-driven model," Journal of Evolutionary Economics, Springer, vol. 28(3), pages 461-493, August.
  13. Mario V. Tomasello & Claudio J. Tessone & Frank Schweitzer, 2016. "A Model Of Dynamic Rewiring And Knowledge Exchange In R&D Networks," Advances in Complex Systems (ACS), World Scientific Publishing Co. Pte. Ltd., vol. 19(01n02), pages 1-23, February.
  14. Attila Varga, 2017. "Place-based, Spatially Blind, or Both? Challenges in Estimating the Impacts of Modern Development Policies," International Regional Science Review, , vol. 40(1), pages 12-37, January.
  15. Agosin, Manuel & Retamal, Yerko, 2021. "A model of diversification and growth in open developing economies," Structural Change and Economic Dynamics, Elsevier, vol. 58(C), pages 455-470.
  16. Vaz Martins, Teresa & Araújo, Tanya & Augusta Santos, Maria & St Aubyn, Miguel, 2009. "Network effects in a human capital based economic growth model," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 388(11), pages 2207-2214.
  17. Stefania Vitali & Gabriele Tedeschi & Mauro Gallegati, 2013. "The impact of classes of innovators on technology, financial fragility, and economic growth," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 22(4), pages 1069-1091, August.
  18. Hommes, Cars & Zeppini, Paolo, 2014. "Innovate or Imitate? Behavioural technological change," Journal of Economic Dynamics and Control, Elsevier, vol. 48(C), pages 308-324.
  19. Bacila Nicolae, 2012. "The Implications Of State Aid To R&D On Economic Development In The European Union," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 96-101, July.
  20. Attila Varga, 2014. "Challenges in modeling the impacts of modern development policies: The case of the GMR-approach," EcoMod2014 7151, EcoMod.
  21. Fulvio Castellacci, 2007. "Evolutionary And New Growth Theories. Are They Converging?," Journal of Economic Surveys, Wiley Blackwell, vol. 21(3), pages 585-627, July.
  22. Giorgio Fagiolo & Alessio Moneta & Paul Windrum, 2007. "A Critical Guide to Empirical Validation of Agent-Based Models in Economics: Methodologies, Procedures, and Open Problems," Computational Economics, Springer;Society for Computational Economics, vol. 30(3), pages 195-226, October.
  23. Varga, Attila, 2020. "A tudástermelési függvénytől a fejlesztéspolitikai hatáselemzésig [From the knowledge production function to development policy-impact modelling]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(6), pages 537-556.
  24. Dosi, Giovanni & Fagiolo, Giorgio & Roventini, Andrea, 2010. "Schumpeter meeting Keynes: A policy-friendly model of endogenous growth and business cycles," Journal of Economic Dynamics and Control, Elsevier, vol. 34(9), pages 1748-1767, September.
  25. BACILA Nicolae, 2012. "State Aid Policy Between Competition And Economic Growth: The Impact Of State Aid To R&D On Gdp In The Eu Member States," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 0(1), pages 86-94.
  26. Giovanni Dosi & Giorgio Fagiolo & Andrea Roventini, 2005. "Animal Spirits, Lumpy Investment, and Endogenous Business Cycles," LEM Papers Series 2005/04, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
  27. Giorgio Fagiolo & Daniele Giachini & Andrea Roventini, 2017. "Innovation, Finance, and Economic Growth : an agent-based model," Working Papers hal-03455400, HAL.
  28. Giorgio Fagiolo & Mattia Guerini & Francesco Lamperti & Alessio Moneta & Andrea Roventini, 2017. "Validation of Agent-Based Models in Economics and Finance," LEM Papers Series 2017/23, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
  29. Guilherme Riccioppo Magacho, 2016. "Estimating Kaldor-Verdoorn’S Law Across Countries In Different Stages Of Development," Anais do XLII Encontro Nacional de Economia [Proceedings of the 42nd Brazilian Economics Meeting] 140, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
  30. Giovanni Dosi & Giorgio Fagiolo & Andrea Roventini, 2006. "An Evolutionary Model of Endogenous Business Cycles," Computational Economics, Springer;Society for Computational Economics, vol. 27(1), pages 3-34, February.
  31. Matthews, Lane & Heyden, Mariano L.M. & Zhou, Dan, 2022. "Paradoxical transparency? Capital market responses to exploration and exploitation disclosure," Research Policy, Elsevier, vol. 51(1).
  32. Safarzyńska, Karolina & Brouwer, Roy & Hofkes, Marjan, 2013. "Evolutionary modelling of the macro-economic impacts of catastrophic flood events," Ecological Economics, Elsevier, vol. 88(C), pages 108-118.
  33. Dosi, Giovanni & Nelson, Richard R., 2010. "Technical Change and Industrial Dynamics as Evolutionary Processes," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 51-127, Elsevier.
  34. Lamperti, Francesco & Roventini, Andrea & Sani, Amir, 2018. "Agent-based model calibration using machine learning surrogates," Journal of Economic Dynamics and Control, Elsevier, vol. 90(C), pages 366-389.
  35. repec:hal:spmain:info:hdl:2441/1fai9i49vu8kfangr7lal7cks5 is not listed on IDEAS
  36. repec:hal:spmain:info:hdl:2441/13thfd12aa8rmplfudlgvgahff is not listed on IDEAS
  37. Coronese, Matteo & Occelli, Martina & Lamperti, Francesco & Roventini, Andrea, 2023. "AgriLOVE: Agriculture, land-use and technical change in an evolutionary, agent-based model," Ecological Economics, Elsevier, vol. 208(C).
  38. L Carlos Freire-Gibb & Geoff Gregson, 2019. "Innovation systems and entrepreneurial ecosystems: Implications for policy and practice in Latin America," Local Economy, London South Bank University, vol. 34(8), pages 787-806, December.
  39. Bottai, carlo & Iori, Martina, 2015. "Knowledge Clusters and Multidimensional Proximity: An Agent-Based Simulation," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201528, University of Turin.
  40. Arbussà, Anna & Coenders, Germà, 2005. "Innovation strategies in the presence of technology markets: evidence from Spanish innovative firms," Working Papers of the Department of Economics, University of Girona 15, Department of Economics, University of Girona.
  41. repec:hal:spmain:info:hdl:2441/20hflp7eqn97boh50no50tv67n is not listed on IDEAS
  42. B. Vermeulen & A. Pyka & J. A. Poutré & A. G. Kok, 2018. "Capability-based governance patterns over the product life-cycle: an agent-based model," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 13(2), pages 311-349, July.
  43. Paul Windrum & Giorgio Fagiolo & Alessio Moneta, 2007. "Empirical Validation of Agent-Based Models: Alternatives and Prospects," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 10(2), pages 1-8.
  44. Matteo Coronese & Martina Occelli & Francesco Lamperti & Andrea Roventini, 2024. "Towards sustainable agriculture: behaviors, spatial dynamics and policy in an evolutionary agent-based model," LEM Papers Series 2024/05, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
  45. Herbert Dawid & Marc Reimann, 2005. "Evaluating Market Attractiveness: Individual Incentives Versus Industry Profitability," Computational Economics, Springer;Society for Computational Economics, vol. 24(4), pages 321-355, June.
  46. Thomas Brenner & Claudia Werker, 2007. "A Taxonomy of Inference in Simulation Models," Computational Economics, Springer;Society for Computational Economics, vol. 30(3), pages 227-244, October.
  47. repec:spo:wpmain:info:hdl:2441/1fai9i49vu8kfangr7lal7cks5 is not listed on IDEAS
  48. Irene Crimaldi & Pierre-Yves Louis & Ida Minelli, 2020. "Interacting non-linear reinforced stochastic processes: Synchronization and no-synchronization," Working Papers hal-02910341, HAL.
  49. Fulvio Castellacci, 2011. "Theoretical Models of Heterogeneity, Growth and Competitiveness: Insights from the Mainstream and Evolutionary Economics Paradigms," Chapters, in: Miroslav N. Jovanović (ed.), International Handbook on the Economics of Integration, Volume II, chapter 5, Edward Elgar Publishing.
  50. Nicholas Dew & Stuart Read & Saras Sarasvathy & Robert Wiltbank, 2011. "On the entrepreneurial genesis of new markets: effectual transformations versus causal search and selection," Journal of Evolutionary Economics, Springer, vol. 21(2), pages 231-253, May.
  51. Sun Hi Yoo & DongKyu Won, 2018. "Simulation of Weak Signals of Nanotechnology Innovation in Complex System," Sustainability, MDPI, vol. 10(2), pages 1-14, February.
  52. Sebastian Ille, 2012. "A Dynamical Approach to Conflict Analysis," LEM Papers Series 2012/05, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
  53. Fagiolo G. & Roventini A., 2004. "Animal Spirits, Lumpy Investment, and the Business Cycle," Computing in Economics and Finance 2004 109, Society for Computational Economics.
  54. Váry, Miklós, 2015. "Piaci alkalmazkodás ragadós árak mellett - Calvo-típusú ármerevség egy ágensalapú modellben [Market adjustment under sticky prices: the price rigidity of a Calvo type in an agent-based model]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(1), pages 48-77.
  55. Frank Beckenbach & Ramón Briegel, 2010. "Multi-agent modeling of economic innovation dynamics and its implications for analyzing emission impacts," International Economics and Economic Policy, Springer, vol. 7(2), pages 317-341, August.
  56. Delli Gatti,Domenico & Fagiolo,Giorgio & Gallegati,Mauro & Richiardi,Matteo & Russo,Alberto (ed.), 2018. "Agent-Based Models in Economics," Cambridge Books, Cambridge University Press, number 9781108400046, September.
  57. Vermeulen, Ben & Pyka, A. & La Poutré, J. A. & de Kok, A. G., 2013. "Capability-based governance patterns over the product life-cycle," FZID Discussion Papers 71-2013, University of Hohenheim, Center for Research on Innovation and Services (FZID).
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