Title
An agent-based simulation approach for the new product diffusion of a novel biomass fuel
Abstract
Marketing activities support the market introduction of innovative goods or services by furthering their diffusion and, thus, their success. However, such activities are rather expensive. Managers must therefore decide which specific marketing activities to apply to which extent and/or to which target group at which point in time. In this paper, we introduce an agent-based simulation approach that supports decision-makers in these concerns. The practical applicability of our tool is illustrated by means of a case study of a novel, biomass-based fuel that will likely be introduced on the Austrian market within the next 5 years. Journal of the Operational Research Society (2011) 62, 12-20. doi:10.1057/jors.2009.170 Published online 6 January 2010
Year
DOI
Venue
2011
10.1057/jors.2009.170
JORS
Keywords
Field
DocType
agent-based simulation,diffusion of innovation,marketing,biomass fuel
Information system,Computer science,Information technology,Decision support system,Information and Communications Technology,Purchasing,Opinion leadership,Operations management,New product development,Project management
Journal
Volume
Issue
ISSN
62
1
0160-5682
Citations 
PageRank 
References 
15
1.10
7
Authors
4
Name
Order
Citations
PageRank
Markus Günther1676.80
Christian Stummer256739.96
Lea M. Wakolbinger3423.59
M Wildpaner4574.21