A modular multi-agent framework for innovation diffusion in changing business environments: conceptualization, formalization and implementation
Understanding how innovations are accepted in a dynamic and complex market environment is a crucial factor for competitive advantage. To understand the relevant factors for this diffusion and to predict success, empirically grounded agent-based models have become increasingly popular in recent years.
Despite the popularity of these innovation diffusion models, no common framework that integrates their diversity exists. This article presents a flexible, modular and extensible common description and implementation framework that allows to depict the large variety of model components found in existing models. The framework aims to provide a theoretically grounded description and implementation framework for empirically grounded agent-based models of innovation diffusion.
It identifies 30 component requirements to conceptualize an integrated formal framework description. Based on this formal description, a java-based implementation allowing for flexible configuration of existing and future models of innovation diffusion is developed.
As a variable decision support tool in decision-making processes on the adoption of innovations the framework is valuable for the investigation of a range of research questions on innovation diffusion, business model evaluation and infrastructure transformation.
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Due to technical limitations, full-text HTML conversion of this manuscript could not be completed. However, the manuscript can be downloaded and accessed as a PDF.
Posted 30 Jul, 2020
On 10 Sep, 2020
Received 23 Aug, 2020
On 23 Aug, 2020
Received 17 Aug, 2020
On 11 Aug, 2020
On 06 Aug, 2020
Invitations sent on 02 Aug, 2020
On 24 Jul, 2020
On 23 Jul, 2020
On 23 Jul, 2020
On 27 May, 2020
Received 11 Mar, 2020
On 07 Mar, 2020
On 04 Mar, 2020
Invitations sent on 03 Mar, 2020
On 03 Mar, 2020
On 02 Mar, 2020
On 02 Mar, 2020
On 02 Mar, 2020
A modular multi-agent framework for innovation diffusion in changing business environments: conceptualization, formalization and implementation
Posted 30 Jul, 2020
On 10 Sep, 2020
Received 23 Aug, 2020
On 23 Aug, 2020
Received 17 Aug, 2020
On 11 Aug, 2020
On 06 Aug, 2020
Invitations sent on 02 Aug, 2020
On 24 Jul, 2020
On 23 Jul, 2020
On 23 Jul, 2020
On 27 May, 2020
Received 11 Mar, 2020
On 07 Mar, 2020
On 04 Mar, 2020
Invitations sent on 03 Mar, 2020
On 03 Mar, 2020
On 02 Mar, 2020
On 02 Mar, 2020
On 02 Mar, 2020
Understanding how innovations are accepted in a dynamic and complex market environment is a crucial factor for competitive advantage. To understand the relevant factors for this diffusion and to predict success, empirically grounded agent-based models have become increasingly popular in recent years.
Despite the popularity of these innovation diffusion models, no common framework that integrates their diversity exists. This article presents a flexible, modular and extensible common description and implementation framework that allows to depict the large variety of model components found in existing models. The framework aims to provide a theoretically grounded description and implementation framework for empirically grounded agent-based models of innovation diffusion.
It identifies 30 component requirements to conceptualize an integrated formal framework description. Based on this formal description, a java-based implementation allowing for flexible configuration of existing and future models of innovation diffusion is developed.
As a variable decision support tool in decision-making processes on the adoption of innovations the framework is valuable for the investigation of a range of research questions on innovation diffusion, business model evaluation and infrastructure transformation.
Figure 1
Figure 2
Due to technical limitations, full-text HTML conversion of this manuscript could not be completed. However, the manuscript can be downloaded and accessed as a PDF.