Abstract
We use an agent-based model to elucidate the strategies of firms that have achieved superior performance even in an environment of market shakeout due to innovation. Assuming that a company’s sales consist only of intangible assets, we analyze the specific actions of the company regarding investment strategy from the viewpoint of decision-making and found that (1) it is important to invest more than competitors even at the expense of efficiency in the early stage of a business, and (2) business growth by investing talented human resources ahead of competitors is the most important factor in the (3) If it is difficult to secure human resources, it is important to make investment decisions for further new business development ahead of competitors. One of the novelties of this study is that it quantitatively provides valid suggestions regarding investment strategies for businesses.
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Notes
- 1.
The details of this test condition do not reflect employment costs for both agents; Agent 1 has a 2-year outlook year and a growth rate allocation, and Agent 2 has a 3-year outlook year and a growth rate allocation. The amount of investment in new markets is uniformly 10%.
- 2.
The details of this test condition are as follows: agent 1 has a 2-year outlook year and a growth rate allocation; agent 2 has a 3-year outlook year and a growth rate allocation. The amount of investment in new markets is uniformly 10%.
- 3.
The details of the conditions of this study are as follows: both Agents 1 and 2 have a 3-year outlook period, a growth rate allocation, and an employment rate of 0.5.
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Morimatsu, K., Takahashi, H. (2023). What is the Investment Strategy to Overcome the Severe Business Environment?. In: Yada, K., Takama, Y., Mineshima, K., Satoh, K. (eds) New Frontiers in Artificial Intelligence. JSAI-isAI 2021. Lecture Notes in Computer Science(), vol 13856. Springer, Cham. https://doi.org/10.1007/978-3-031-36190-6_24
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