Arbeitspapier

Innovators, imitators, and the evolving architecture of social networks

Scientific progress is driven by innovation ?which serves to produce a diversity of ideas ?and imitation through a social network ?which serves to diffuse these ideas. In this paper, we develop an agent-based computational model of this process, in which the agents in the population are heterogeneous in their abilities to innovate and imitate. The model incorporates three primary forces ?the discovery of new ideas by those with superior abilities to innovate, the observation and adoption of these ideas by those with superior abilities to communicate and imitate, and the endogenous development of social networks among heterogeneous agents. The objective is to explore the evolving architecture of social networks and the critical roles that the innovators and imitators play in the process. A central finding is that the emergent social network takes a chainstructure with the innovators as the main source of ideas and the imitators as the connectors between the innovators and the masses. The impact of agent heterogeneity and environmental volatility on the network architecture is also characterized.

Language
Englisch

Bibliographic citation
Series: Working Paper ; No. 529

Classification
Wirtschaft
Subject
Innovator
Imitator
Connector
Social Networks
Network Architecture
Agent-Based Model
Innovation
Imitationswettbewerb
Theorie
Soziales Netzwerk

Event
Geistige Schöpfung
(who)
Chang, Myong-Hun
Harrington, Joseph E.
Event
Veröffentlichung
(who)
The Johns Hopkins University, Department of Economics
(where)
Baltimore, MD
(when)
2005

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Chang, Myong-Hun
  • Harrington, Joseph E.
  • The Johns Hopkins University, Department of Economics

Time of origin

  • 2005

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