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Digital Library of the
European Council for Modelling and Simulation |
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Title: |
Simulating
Entrepreneurial Strategies In A Global Knowledge Economy |
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Authors: |
Martin Ihrig |
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Published in:
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(2011).ECMS 2011 Proceedings
edited by: T. Burczynski, J. Kolodziej, A. Byrski, M. Carvalho. European
Council for Modeling and Simulation. doi:10.7148/2011 ISBN:
978-0-9564944-2-9 25th
European Conference on Modelling and Simulation, Jubilee Conference Krakow,
June 7-10, 2011
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Citation
format: |
Ihrig, M. (2011). Simulating
Entrepreneurial Strategies In A Global Knowledge Economy. ECMS 2011
Proceedings edited by: T. Burczynski, J. Kolodziej, A. Byrski, M. Carvalho
(pp. 68-76). European Council for Modeling and Simulation.
doi:10.7148/2011-0068-0076 |
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DOI: |
http://dx.doi.org/10.7148/2011-0068-0076 |
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Abstract: |
In seeking to better
entrepreneurship in the 21st Century,
this paper develops an agent-based simulation model that allows researchers
to study different opportunity recognition strategies in a globalized
knowledge economy. The simulation takes account of international knowledge
spillovers and shows the comparative payoffs of each entrepreneurial
strategy, with distinctive knowledge progression and financial performance
profiles. In addition, the societal level effects that arise from competitive
agent behavior can be analyzed. |
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