Title: A garbage can model for Schumpeterian process: the network effects

Authors: Shu-Yuan Wu, Anthony K. Brabazon

Addresses: AUT Business School, Auckland University of Technology, 42, Wakefield Street, Auckland 1142, New Zealand. ' Quinn School of Business, University College Dublin, Belfield, Dublin 4, Ireland

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.

Keywords: Schumpeterian process; agent-based modelling; ABM; radical innovation; social networks; knowledge-based view; interactive learning; entrepreneurship.

DOI: 10.1504/IJFIP.2008.017581

International Journal of Foresight and Innovation Policy, 2008 Vol.4 No.3/4, pp.287 - 306

Published online: 18 Mar 2008 *

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