Quantcast
Channel: MoneyScience: 's news items
Viewing all articles
Browse latest Browse all 1821

Predicting one type of technological motion? A nonlinear map to study the 'sailing-ship' effect. (arXiv:1912.11250v1 [physics.soc-ph])

$
0
0

In this work we use a proven model to study a dynamic duopolistic competition between an old and a new technology which, through improved technical performance - e.g. data transmission capacity - fight in order to conquer market share. The process whereby an old technology fights a new one off through own improvements has been named 'sailing-ship effect'. In the simulations proposed, intentional improvements of both the old and the new technology are affected by the values of three key parameters: one scientific-technological, one purely technological and the third purely economic. The interaction between these components gives rise to different outcomes in terms of prevalence of one technology over the other.


Viewing all articles
Browse latest Browse all 1821

Trending Articles