Computational Model Library

Value Chain Marketing (VCM) (version 1.1.0)

The agents represent suppliers try to implement their innovations via VCM and thereby have to target applicators. In this model, the supplier firm chooses between a cooperative VCM strategy, whereas the supplier and the manufacturer firm together present their innovation to the applicator and a non-cooperative VCM strategy, whereas the supplier firm tries to implement its innovation by its own. The success of the marketing attempt is measured in terms of the acceptance and implementation of the innovation as well as the marketing resources used. The basic model is extended with a representation of knowledge dynamics in and between firms. In particular, the supplier firm attempts to increase its marketing success by improving its knowledge base through adaptation to applicators’ needs and individual learning.

Release Notes

1

Version Submitter First published Last modified Status
1.1.0 Stephanie Toth Thu Oct 16 13:53:57 2014 Thu Oct 16 13:53:57 2014 Published
1.0.0 Stephanie Toth Mon Apr 14 19:37:19 2014 Mon Apr 14 19:37:19 2014 Published

Discussion

Download
This website uses cookies and Google Analytics to help us track user engagement and improve our site. If you'd like to know more information about what data we collect and why, please see our data privacy policy. If you continue to use this site, you consent to our use of cookies.