English, Article, Journal or magazine article edition: Modeling Industrial Dynamics with Innovative Entrants. S.G. Winter; Y.M. Kaniovski; G. Dosi

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Bookmark: http://trove.nla.gov.au/version/138789
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Modeling Industrial Dynamics with Innovative Entrants.
Author
  • S.G. Winter
  • Y.M. Kaniovski
  • G. Dosi
Physical Description
  • preprint
Notes
  • The paper analyzes some generic features of industrial dynamics whereby innovative change is carried, stochastically, by new entrants. Relying on the formal representation suggested in Winter et al. (1997), it studies both the asymptotic properties of such processes and their finite dynamics to account for a few empirical stylized facts, including persistent entry and exit, skewed size distributions and turbulence in market shares.
  • RePEc:wop:iasawp:ir98022
Language
  • English
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