A dynamic business model for component-based simulation software
Abstract
Firms, investors, venture capitalists, market analysts and the government, amongst others, are interested in the future evolution and dynamics of a market as it defines their role/participation or future role/participation. This paper proposes a business model showing how the interactions of various actors in the market influence the "demand" and "supply" interaction for an application based software; more specifically component based simulation. In the process we also show how the main stakeholders may gain some financial benefits by adopting the component-based simulation for business decisions in the long run. We identify four main stakeholders: component users, component providers, certification providers, and repository providers. A system dynamic model is built to show the interaction between the two main stakeholders.
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- A dynamic business model for component-based simulation software
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Information & Contributors
Information
Published In
December 2006
2429 pages
ISBN:1424405017
- Editors:
- L. Felipe Perrone,
- Barry G. Lawson,
- Jason Liu,
- Frederick P. Wieland,
- General Chair:
- David Nicol,
- Program Chair:
- Richard Fujimoto
Sponsors
- IIE: Institute of Industrial Engineers
- ASA: American Statistical Association
- IEICE ESS: Institute of Electronics, Information and Communication Engineers, Engineering Sciences Society
- IEEE-CS\DATC: The IEEE Computer Society
- SIGSIM: ACM Special Interest Group on Simulation and Modeling
- NIST: National Institute of Standards and Technology
- (SCS): The Society for Modeling and Simulation International
- INFORMS-CS: Institute for Operations Research and the Management Sciences-College on Simulation
Publisher
Winter Simulation Conference
Publication History
Published: 03 December 2006
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WSC06
Sponsor:
- IIE
- ASA
- IEICE ESS
- IEEE-CS\DATC
- SIGSIM
- NIST
- (SCS)
- INFORMS-CS
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WSC '06 Paper Acceptance Rate 177 of 252 submissions, 70%;
Overall Acceptance Rate 3,413 of 5,075 submissions, 67%
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