The identification of technologically innovating firms is related to the development of indicators of their innovation activity. In this study, we carry out a review of indicators of firms’ technological innovation activity and then classify them according to whether they are based on inputs or outputs of the innovation process, and to the sources of the information they consider, whether prima...

Many innovative products are designed to satisfy the demand of specific target consumers; thus, innovators will inevitably compete with each other in product market. We investigate how a profit-maximizing principal should properly allocate her limited resources support innovations multiple potentially competing innovators. find that, as available increase, optimal diversification investment may...

Foundational to this discussion are two papers on “identity” by George A. Akerlof and Rachel Kranton [2000, 2005]. We contribute to their development of this issue with additional factors that are arguably essential to the analysis of identity formation. While they indicate the importance of norms as the bases of identity, we suggest additionally the relevance of independence, individual creati...

Scientific progress is driven by innovation — which serves to produce a diversity of ideas — and imitation through a social network — which serves to diffuse these ideas. In this paper, we develop an agent-based computational model of this process, in which the agents in the population are heterogeneous in their abilities to innovate and imitate. The model incorporates three primary forces — th...