Abstract: |
Evolutionary approaches of the firm devote a part of their analysis to firm
behavior and to some processes acting inside the firm , however the internal
workings of firms are, most of the time, not deeply analyzed. In this
perspective, this paper attemps to investigate whether Ç we can drop internal
selection in the evolutionary analysis of the firm È. In ordre to answer this
question, we propose a micro-simulation model of internal selection where
firms are engaged in production and R&D activities. They carry out two kinds
of R&D and do not run any imitation process. Internal selection acts on R&D
projects and we measure the impact of the selection mechanism on the firm's
performances. The model generates persistent differences between firms
according to their internal selection process. |