Computational Simulation

Abstract

A significant and growing set of approaches in strategic management research are centred on the use of computational models realized as simulations. We provide a characterization of what constitutes a computational simulation and enumerate the possible roles computational simulations can play in strategic management research. By exploring the broad fundamentals and issues underlying the use and contribution of computational modelling, we hope to help facilitate the use of simulation in providing insight into key issues of strategic management. We provide a brief examination of the history, benefits, uses and forms of computational simulations, and explicate the concerns and issues that lie at the core of any simulation development effort.