Summary
No matter how commonly the term innovation has been used in economics, a concrete analytical or computational model of innovation is not yet available. This paper argues that a breakthrough can be made with genetic programming, and proposes a functional-modularity approach to an agent-based computational economic model of innovation.
NSC research grant No. 92-2415-H-004-005 is gratefully acknowledged.
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Chen, SH., Chie, BT. (2006). A Functional Modularity Approach to Agent-based Modeling of the Evolution of Technology. In: Namatame, A., Kaizouji, T., Aruka, Y. (eds) The Complex Networks of Economic Interactions. Lecture Notes in Economics and Mathematical Systems, vol 567. Springer, Berlin, Heidelberg. https://doi.org/10.1007/3-540-28727-2_11
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DOI: https://doi.org/10.1007/3-540-28727-2_11
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-28726-1
Online ISBN: 978-3-540-28727-8
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