Technological Competition of High-tech Industry and Policies―Analyses by Agent-based Simulation―

Abstract

In this paper, we work on the technological competition in high-tech industries. Industrial polices are a very import to encourage technological innovation. Trading policies is also very important if there exist foreign market. Guard the interests of the developer through patent is important to spur technological innovations. However some open source project is helpful to develop software rapidly because the developers can imitate their technology each other. We verify the effect of industrial policies, trading policies, and patent policy in our virtual high-tech industry. We formulate a multi-agent model of virtual high-tech industry by agent-based simulation. We assumed three different types of firm agents in our virtual societies, in which each different agent has a different goal. We discuss the resource allocation of investment. R&D investment affects the quality of goods; capital investment affects the quantity of goods in our model.