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Research on Incentive Mechanism of the Diffusion of Technological Innovation based on the Relations between Principal and Agent

Cui Xiao-chen

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Abstract

This paper studies the relation between principal and agent on the diffusion of technological innovation.It also analyzes incentive conflict of double correlations between principal and agent among venture entrepreneur,entrepreneur,and science and technology personnel;puts forward the incentive mechanism with the characteristics of entrepreneur;designs the incentive mechanism in double—choose incentive,income and distribute incentive,substance incentive,and spirit incentive.

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What this paper is about

This paper studies the relation between principal and agent on the diffusion of technological innovation.It also analyzes incentive conflict of double correlations between principal and agent among venture entrepreneur,entrepreneur,and science and technology personnel;puts forward the incentive mechanism with the characteristics of entrepreneur;designs the incentive mechanism in double—choose incentive,income and distribute incentive,substance incentive,and spirit incentive.

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Available abstract

This paper studies the relation between principal and agent on the diffusion of technological innovation.It also analyzes incentive conflict of double correlations between principal and agent among venture entrepreneur,entrepreneur,and science and technology personnel;puts forward the incentive mechanism with the characteristics of entrepreneur;designs the incentive mechanism in double—choose incentive,income and distribute incentive,substance incentive,and spirit incentive.

Key concepts: Incentive, Principal (computer security), Mechanism (biology), Principal–agent problem, Innovation diffusion, Industrial organization, Microeconomics, Business

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