A garbage can model for Schumpeterian process: the network effects. (19th March 2008)

• Record Type: Journal Article
• Authors: Wu, Shu-Yuan; Brabazon, Anthony K.
• Is Part Of: International journal of foresight and innovation policy. Volume 4:Number 3/4(2008)
• Page Start: 287
• Page End: 306
• Publication Date: 2008-03-19
• Subjects: Schumpeterian process -- agent-based modelling -- ABM -- radical innovation -- social networks -- knowledge-based view -- interactive learning -- entrepreneurship; Knowledge management -- Periodicals; Strategic planning -- Decision making -- Periodicals; 658.401
• Languages: English
• ISSNs: 1740-2816

Abstract

Through interactive learning activities of technology based entrepreneurs and their potential customers, novel combinations of technology components are developed into vehicles of customer values. This study treats technological possibilities and customers' latent needs as the dimensions of an inter organisational Garbage-Can space, inside of which learning agents from the demand and supply sides interact. It simulates an ongoing Schumpeterian process ('creative destruction') to investigate the influences of social network, boundary-spanning organisations and demand-side innovativeness.