A Game Analysis on Cost and Profit Allocation in Enterprise-university-research Cooperative Innovation
Daoping Wang
Abstract
Daoping Wang
Abstract
Cost and profit allocation is the key to keep stabilization of enterprise-university-research(EUR) cooperation.Based on the game analysis on EUR cooperation,it concludes that the subsidy made by enterprises to technology innovation cost may stimulate the universities and research institutes to invest more in innovation.The scale and total profit of technology innovation in the cooperative game condition are higher than those in non-cooperative game condition.The surplus value in cooperative game condition could be reallocated with Rubinstein bargaining model.Finally,a case is used to prove these conclusions.
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Cost and profit allocation is the key to keep stabilization of enterprise-university-research(EUR) cooperation.Based on the game analysis on EUR cooperation,it concludes that the subsidy made by enterprises to technology innovation cost may stimulate the universities and research institutes to invest more in innovation.The scale and total profit of technology innovation in the cooperative game condition are higher than those in non-cooperative game condition.The surplus value in cooperative game condition could be reallocated with Rubinstein bargaining model.Finally,a case is used to prove these conclusions.
Key concepts: Profit (economics), Subsidy, Cooperative game theory, Game theory, Microeconomics, Surplus value, Industrial organization, Economics