Technology-sharing strategy and incentive mechanism for R&D teams of manufacturing enterprises

Document Type

Article

Publication Date

1-1-2020

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.

Keywords

Manufacturing enterprises, Technology-sharing, Evolutionary game, Incentive mechanism

Divisions

FacultyofEconomicsAdministration

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)

Publication Title

Physica A: Statistical Mechanics and its Applications

Volume

555

Publisher

Elsevier

This document is currently not available here.

Share

COinS