The knowledge management strategy and the formation of innovative networks in emerging industries |
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Authors: | Norio Sawabe Susumu Egashira |
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Affiliation: | (1) Faculty of Economics, Kyoto University, Kyoto 606-8501, Japan;(2) Faculty of Commerce, Otaru University of Commerce, 3-5-21 Midori Otaru, Hokkaido 047-8501, Japan |
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Abstract: | This paper presents an agent-based simulation model with local network externality to analyze strategic interactions over investment on new economic knowledge. R&D knowledge flows and spillovers are the results of non-cooperative games played between neighboring agents in the model. The model demonstrates a situation where no agents have incentives to hide their economic knowledge, a situation that is observed in open source software development projects. The likelihood of obtaining a stable situation where new economic knowledge is openly shared is increased when heterogeneity of agents is introduced. |
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Keywords: | Knowledge management Open source Industrial development |
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