<div class="csl-bib-body">
<div class="csl-entry">Rohringer, M. (2015). <i>Innovation - the emergence of novelty</i> [Diploma Thesis, Technische Universität Wien]. reposiTUm. https://doi.org/10.34726/hss.2015.24477</div>
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dc.identifier.uri
https://doi.org/10.34726/hss.2015.24477
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dc.identifier.uri
http://hdl.handle.net/20.500.12708/3668
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dc.description.abstract
The rather unexpected emergence of the still ongoing economic crisis has shown that not only the economic system itself has its flaws, but also that the equilibria-based models to describe it are insufficient. Evolutionary economics is an alternative approach that allows (economic) evolution and revolution in the development of its models and is therefore believed to describe the real world much more appropriate. However, there are still a lot of open questions on how to model the emergence of novelty - new elements that lead to progress - in such frameworks. Innovation is an undeniable force regarding economic growth, but it is obviously impossible to predict which concrete innovations will be implemented in the future. What can be done though is to create a general mechanism within the model that is able to generate new abstract elements which then again influence the model itself. One possible way of doing this, as it is often the case in real world innovations, is using old elements and recombine them to create new ones. The agent-based model that will be implemented with this work will use this approach to demonstrate how it can be utilized to define how producers choose their new products, how they recombine production processes and how they can test their products on the market.
en
dc.language
English
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dc.language.iso
en
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dc.rights.uri
http://rightsstatements.org/vocab/InC/1.0/
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dc.subject
Evolutionäre Ökonomik
de
dc.subject
Entstehung von Neuem
de
dc.subject
Innovation
de
dc.subject
Agentenbasierte Simulation
de
dc.subject
Evolutionary Economics
en
dc.subject
Emergence of Novelty
en
dc.subject
Innovation
en
dc.subject
Agent-based Simulation
en
dc.title
Innovation - the emergence of novelty
en
dc.type
Thesis
en
dc.type
Hochschulschrift
de
dc.rights.license
In Copyright
en
dc.rights.license
Urheberrechtsschutz
de
dc.identifier.doi
10.34726/hss.2015.24477
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dc.contributor.affiliation
TU Wien, Österreich
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dc.rights.holder
Markus Rohringer
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tuw.version
vor
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tuw.thesisinformation
Technische Universität Wien
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tuw.publication.orgunit
E105 - Institut für Stochastik und Wirtschaftsmathematik
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dc.type.qualificationlevel
Diploma
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dc.identifier.libraryid
AC12242148
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dc.description.numberOfPages
106
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dc.identifier.urn
urn:nbn:at:at-ubtuw:1-90014
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dc.thesistype
Diplomarbeit
de
dc.thesistype
Diploma Thesis
en
dc.rights.identifier
In Copyright
en
dc.rights.identifier
Urheberrechtsschutz
de
tuw.advisor.staffStatus
staff
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item.fulltext
with Fulltext
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item.cerifentitytype
Publications
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item.mimetype
application/pdf
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item.openairecristype
http://purl.org/coar/resource_type/c_bdcc
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item.languageiso639-1
en
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item.openaccessfulltext
Open Access
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item.openairetype
master thesis
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item.grantfulltext
open
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crisitem.author.dept
E105 - Institut für Stochastik und Wirtschaftsmathematik