In this work, we use a proven model to study a dynamic duopolistic competition between an old technology and a new technology which through an improved technical performance—e.g. data transmission capacity—fight in order to conquer market share. The process whereby an old technology fights a new one off through own improvements has been named ‘sailing-ship effect’. In the simulations proposed, intentional improvements of both the old technology and the new technology are affected by the values of three key parameters: scientific-technological, purely technological and purely economic. The interaction between these components gives rise to different outcomes in terms of prevalence of one technology over the other.

Predicting one type of technological motion? A nonlinear map to study the ‘sailing-ship’ effect

Filatrella G.
;
2019-01-01

Abstract

In this work, we use a proven model to study a dynamic duopolistic competition between an old technology and a new technology which through an improved technical performance—e.g. data transmission capacity—fight in order to conquer market share. The process whereby an old technology fights a new one off through own improvements has been named ‘sailing-ship effect’. In the simulations proposed, intentional improvements of both the old technology and the new technology are affected by the values of three key parameters: scientific-technological, purely technological and purely economic. The interaction between these components gives rise to different outcomes in terms of prevalence of one technology over the other.
2019
Econophysics; Nonlinear dynamics; Sailing-ship effect
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/20.500.12070/42799
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