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Technological Innovation of High-tech Industry and patent policy -Agent based Simulation with Double Loop Learning-

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Intelligent Agents: Specification, Modeling, and Applications (PRIMA 2001)

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Abstract

In this paper, we formulate a multi-agent model of virtual high-tech industry by agent-based simulation. We introduce a classifier system as a decision-making tool of agent who makes its decision depending on the rules in the classifier system. Firm agent determines how much R&D investment and product investment it will spend. We assumed three different types of firm agents in our virtual societies, in which each different agent has a different goal. Agents of different types have different evaluation functions; also agents may change their goals (evaluation functions) when they have survival problem in industry. We verify the Schumpeter Hypothesis and effect of industrial policies in our virtual high-tech industry. We found that the difference in speed at which technology increases, when comparing imitation and innovation, affects the effectiveness of patent policy.

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© 2001 Springer-Verlag Berlin Heidelberg

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Lee, H., Deguchi, H. (2001). Technological Innovation of High-tech Industry and patent policy -Agent based Simulation with Double Loop Learning-. In: Yuan, S.T., Yokoo, M. (eds) Intelligent Agents: Specification, Modeling, and Applications. PRIMA 2001. Lecture Notes in Computer Science, vol 2132. Springer, Berlin, Heidelberg. https://doi.org/10.1007/3-540-44637-0_12

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  • DOI: https://doi.org/10.1007/3-540-44637-0_12

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  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-42434-5

  • Online ISBN: 978-3-540-44637-8

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