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LEVERAGE FIRM TECHNOLOGICAL COMPETENCE VIA SYSTEM DYNAMICS MODELING AND SIMULATING TECHNIQUE
Xu Qingrui, Zhao Xiaoqing*, Shen Shouqin**
* School of Management, Zhejiang University, Hangzhou, China, 310027
E-mail: sbaxuqr@dial.zju.edu.cn
** Dept. of Finance Zhejiang University, Hangzhou, China, 310027
E-mail: rcid@cma.zju.edu.cn
In this paper, the system dynamics model of firm’s technological competence and capital accumulation is set up. By computer simulation and policy analysis of this model, the interaction and dynamic development of technological competence and capital accumulation is opened out. Furthermore, the right rate of importing and indigenous to distribute R and D capital and better rate of capital accumulation is gain.
Keywords: System Dynamics, Technological Competence, Computer Simulation, Capital Accumulation, Optimal R&D Ratio
Session slot T-Mo-A21: System Engineering, Management and Control Education/Area code 5d : Business and Management Techniques
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