A Game Theoretical Approach to the Evolution of Technology Innovation Network for Small and Medium Enterprises
Zhang Shu-y
Abstract
Zhang Shu-y
Abstract
In the technology innovation network consisting of small and medium enterprises,whether the firm participates in technology innovation or not,and its ratio of participation,have a heavy effect on the whole network of technology innovation. Taking the small and macro firm as an example,this paper analyzes the revenue in terms of the participation for both,one or none of them while innovating simultaneously or alternatively,and how the order and the ratio of participation affect the stability of the technology innovation network based on the evolutionary game theory. The conditions of the technology innovation evolution are also pointed out. The conclusions are beneficial for the network of technology innovation of small and medium enterprises and its management as well.
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In the technology innovation network consisting of small and medium enterprises,whether the firm participates in technology innovation or not,and its ratio of participation,have a heavy effect on the whole network of technology innovation. Taking the small and macro firm as an example,this paper analyzes the revenue in terms of the participation for both,one or none of them while innovating simultaneously or alternatively,and how the order and the ratio of participation affect the stability of the technology innovation network based on the evolutionary game theory. The conditions of the technology innovation evolution are also pointed out. The conclusions are beneficial for the network of technology innovation of small and medium enterprises and its management as well.
Key concepts: Technology innovation, Industrial organization, Order (exchange), Macro, Revenue, Business, Small and medium-sized enterprises, Knowledge management