Multi‐agent‐based simulation on technology innovation‐diffusion inChina

Abstract

AbstractAn innovation‐diffusion model was developed with agent‐based modelling (ABM); the model is used to study technical innovation and its diffusion process inChina. The results are as follows: only a small fraction of firms conduct independent product‐innovation, and most firms prefer imitation and/or purchases; most of the innovative firms are located in theEast; approximately three or four technology generation products can exist in the market simultaneously; preferential policies can speed the process of innovation diffusion and improve economies of less developed areas, especially inMiddleChina; lastly, preferential policies can also improve the labour attractiveness of theMiddle,West andNortheast and reduce emigration to theEast.