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A model of innovation and knowledge development among boundedly rational rival firms

机译：有限理性竞争对手之间的创新和知识发展模型

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Purpose - The purpose of this paper is to explore the significance of bounded rationality for innovation research. It does so by expounding the structure and the assumptions of an agent-based model where boundedly rational actors engage in knowledge development and imitation. It is a conceptual paper that illustrates the model but does not present its results. Design/methodology/approach - This model explores the consequences of common theoretical hypotheses and empirical stylized facts regarding innovation, knowledge development and knowledge management by geographically clustered rival firms. This model artificially generates innovations, unknown and unexpected to the artificial decision-makers. As the set of possibilities is not known a priori to the agents, they cannot apply utility maximization. Bounded rationality enters this model both as behavioural rules of thumb and as cognitive constraints on their application. Findings - This paper illustrates a model. Originality/value - This paper links innovation studies to the concept of bounded rationality. It shows what problems must be faced and what issues must be addressed by an agent-based model on this subject.
机译：目的-本文的目的是探索有限理性对于创新研究的意义。它通过阐述基于主体的模型的结构和假设来做到这一点，在这种模型中有限理性的参与者参与了知识的发展和模仿。这是一份概念文件，说明了该模型，但未提供其结果。设计/方法/方法-该模型探索了关于地理上聚集的竞争性公司进行的创新，知识开发和知识管理的常见理论假设和程式化事实的后果。这种模型可以人为地产生创新，这对于人为的决策者来说是未知的和出乎意料的。由于代理不可能事先知道这套可能性，因此它们无法应用效用最大化。有限的理性作为拇指的行为规则和对其应用的认知约束进入模型。调查结果-本文说明了一个模型。原创性/价值-本文将创新研究与有限理性的概念联系起来。它显示了关于此主题的基于代理的模型必须解决哪些问题以及必须解决什么问题。

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