Agent-based modelling of innovation networks - The fairytale of spillover

Abstract

Today's knowledge-based economies are more than places where goods and services are bought and sold; they are the sites where complex logistic processes are coordinated, where innovation takes place, where knowledge is generated, communicated, re-combined and exchanged. In such competitive and knowledgeintensive environments characterized by price as well as innovation competition and in which there are quickly changing global technological and economic requirements (Bahlmann, 1990; Hanusch and Pyka, 2007a) and a variety of institutional infrastructures (Amable, 2003; Hanusch and Pyka, 2007b), a firm can improve its performance only by exploiting resources more creatively and intelligently than its competitors (Lam, 2003). © 2009 Springer-Verlag Berlin Heidelberg.