This paper describes simple ‘Schumpeterian games’ that help to explore the microfoundations of (national) innovation systems and the related policy issues. Thus it tries to marry the Schumpeterian approach to innovation and imitation with the simpler but very powerful results of evolutionary game theory. The paper identifies several roles and subgames in an innovation system, based on the playe...

Educators seem to have a strong desire to relive historical mistakes. During the 1960s, industrial arts innovators divided into three fairly distinct camps. One group could be characterized as the technology camp and was championed by DeVore (1966) and others. Another group was the industry group which was championed by the Ohio State IACP staff (Towers, 1966). A third group was the child-cente...

It is an important concern that innovators by waiving their patent rights might obstruct the disclosure of knowledge and therefore retard progress. This paper explores this concern by using a simple model of two innovators who must decide sequentially whether to protect an innovation with limited patent rights. Two features are crucial to the disclosure decision. First: the second inventor may ...

Two general forms of standard licensing policies are considered for a non-drastic cost-reducing innovation: (a) combination of an upfront fee and uniform linear royalty, and (b) combination of auction and uniform linear royalty. It is shown that in an oligopoly, the total reduction in the cost due to the innovation for the pre-innovation competitive output forms the lower bound of the payoffs o...

The current research attempted to investigate the significance of an adoption-capability model of e-commerce technologies (EC) in Small to Medium-Sized Enterprises (SMEs) in New Zealand (NZ). The research model hypothesised ten factors as significantly influencing EC adoption in SMEs: relative advantage, cost, compatibility, size, information intensity of products, support from technology vendo...