Modelling the Experimentally Organized Economy (II)
- Professor em. Industrial Economics, Sweden
Cite this article
as: G. Eliasson; 2024; Modelling the Experimentally Organized Economy (II); International Journal of Microsimulation; 17(2); 1-59.
doi: 10.34196/ijm.00291
Figures
Figure 1
Internal decision structure and interfaces with other firms in three markets of MOSES firm module. Source: Modified version of Figure 1 in Eliasson (1976b).
Figure A1
Medium-term tread checks 1960-1975 (8 years).
Figure A2
Parameter settings in the various experiments.
Figure A3
Symbols used in Tables.
Tables
Table 1
The four mechanisms of schumpeterian creative destruction and economic growth.
| 1.Entrepreneurial competition (entry) in markets enforces |
|---|
| 2.Reorganization of incumbent agents and/or |
| Rationalization, or |
| Death (exit) |
-
Source: Eliasson (1995); Eliasson (1996):45.
Table 2
Actors in the competence bloc.
| 1.Competent customers |
|---|
| Technology Suppliers |
| 2.Innovators who integrate technologies new ways |
| Commercialization and scale up of new technology (markets for innovation) |
| 3.Entrepreneurs who identify profitable innovations |
| 4. Industrially competent venture capitalists who recognize and finance entrepreneurs4. |
| 5.Exit markets that facilitate ownership change |
| 6. Industrialists who take successful innovations to industrial scale production |
| Scale down |
| 7. Rational and efficient liquidation (Exit) |
-
Source: Eliasson (1995)Eliasson (1996a).
Data and code availability
Supplementary online material is available from the Journal's online repository.
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