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The knowledge management strategy and the formation of innovative networks in emerging industries

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Abstract

This paper presents an agent-based simulation model with local network externality to analyze strategic interactions over investment on new economic knowledge. R&D knowledge flows and spillovers are the results of non-cooperative games played between neighboring agents in the model. The model demonstrates a situation where no agents have incentives to hide their economic knowledge, a situation that is observed in open source software development projects. The likelihood of obtaining a stable situation where new economic knowledge is openly shared is increased when heterogeneity of agents is introduced.

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Correspondence to Norio Sawabe.

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Sawabe, N., Egashira, S. The knowledge management strategy and the formation of innovative networks in emerging industries. J Evol Econ 17, 277–298 (2007). https://doi.org/10.1007/s00191-006-0052-2

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