Zhang, Hao and Wang, Mingyue and Cheng, Zhixuan and Wan, Ling (2020) Technology-sharing strategy and incentive mechanism for R&D teams of manufacturing enterprises. Physica A: Statistical Mechanics and its Applications, 555. p. 124546. ISSN 0378-4371, DOI https://doi.org/10.1016/j.physa.2020.124546.
Full text not available from this repository.Abstract
Technology innovation is a necessary condition for manufacturing enterprises to maintain competitiveness. As the central part of the national innovation system, enterprises must avoid redundant research and development (R&D) input and blind competition; therefore, it is crucial to guide technology-sharing of R&D teams in enterprises. An evolutionary game model for the analysis of agents’ strategy choice between upstream and downstream R&D teams is established. It shows that the technology-sharing strategy chosen by the R&D teams is closely related to the sharable coefficient of technology, and also closely related to the benefits obtained through free-riding. As the sharable coefficient of technology of upstream and downstream R&D teams A and B is continuously changing, four evolutionary stable equilibrium strategies appear in turn. The coefficient of synergy benefits, the capacity of technology absorption, and the sharable coefficient of technology have a positive correlation with the sum of direct benefits and synergy benefits; the technology transfer costs, the capability difference costs, risk factors, and the relative amount of technology-sharing are the critical factors negatively affecting the technology-sharing of the upstream and downstream R&D teams. A specific compensation mechanism can reduce the cost of sharing and increase the willingness to share technology. At the same time, as the internal incentive factors changes, the technology-sharing system tends to converge to {technology-sharing, technology-sharing}, thus providing decision support for the formulation and effective evaluation of manufacturing innovation policies. © 2020 Elsevier B.V.
| Item Type: | Article |
|---|---|
| Funders: | National Natural Science Foundation of China (Grant number 71473 241), Special Development and Reform Program of the Ministry of Science and Technology, China (Grant number 2018.3-2019.12) |
| Uncontrolled Keywords: | Manufacturing enterprises; Technology-sharing; Evolutionary game; Incentive mechanism |
| Subjects: | H Social Sciences > HF Commerce |
| Divisions: | Faculty of Economics & Administration |
| Depositing User: | Ms. Juhaida Abd Rahim |
| Date Deposited: | 20 Jan 2021 06:46 |
| Last Modified: | 20 Jan 2021 06:46 |
| URI: | http://eprints.um.edu.my/id/eprint/25702 |
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