Abstract:We present a simulation model of the technological innovations based on the former Guardiola's concept which relies on the notion of technological barriers. The central, novel feature of our proposal is the assumption that barriers can be reduced allowing public support to R&D. However, this can be applied under the different policies. The statistical treatment of the simulation results demonstrated that support of the elitist (super-threshold) innovating units yields higher innovation rate, but more profo… Show more
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