674 research outputs found

    Non-commutative quantum dynamics

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    We described a qq-deformation of a quantum dynamics in one dimension. We prove that there exists only one essential deforamtion of quantum dynamics.Comment: LaTeX, 11pp, KFT UL 3/9

    An open quantum system approach to EPR correlations in K0-K0 system

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    We find the time evolution of the system of two non-interacting unstable particles, distinguishable as well as identical ones, in arbitrary reference frame having only the Kraus operators governing the evolution of its components in the rest frame. We than calculate in the rigorous way Einstein-Podolsky-Rosen quantum correlation functions for K0-K0 system in the singlet state taking into account CP-violation and decoherence and show that the results are exactly the same despite the fact we treat kaons as distinguishable or identical particles which means that the statistics of the particles plays no role, at least in considered cases.Comment: 14 pp. no fig

    When do Thick Venture Capital Markets Foster Innovation? An Evolutionary Analysis

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    In this paper we examine the trade off between different effects of the availability of venture capital on the speed of technological progress in an industry. We consider an evolutionary industry simulation model based on Nelson and Winter (1982) where R&D efforts of an incumbent firm generate technological know-how embodied in key R&D employees, who might use this know-how to found a spinoff of the incumbent. Venture capital is needed to finance a spinoff, and therefore the expected profits from founding a spinoff depend on how easily venture capital can be acquired. Accordingly, thick venture capital markets might have two opposing effects. First, incentives of firms to invest in R&D might be reduced and, second, if spinoff formation results in technological spillovers between the parent firm and the spinoffs, the generation of spinoff firms might positively influence the future efficiency of the incumbent's innovation efforts. We study how this tradeoff influences the effect of venture capital on the innovation expenditures, speed of technological change and the evolution of industry concentration in several scenarios with different industry characteristics.Venture Capital, Technological Progress, R&D Effort, Spinoff, Industry Evolution
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