Comparative analysis on impacts of two innovation subsidies on innovation mode selection

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Science Research Management ›› 2011, Vol. 32 ›› Issue (8) : 9-16.

Zhang Chunhui, Chen Jixiang

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Abstract

To gain competitive advantages, enterprises need to make a rational decision on innovation mode selection under the condition of limited resources and competence. With an evolutionary game theory, the innovation mode selection of enterprises under innovation input subsidy and subsidy for innovative products is discussed, based on that, the impacts of two innovation subsidies on innovation mode selection are analyzed and compared. The results show that regardless of innovation input subsidy or subsidy for innovative products, increasing standards of these two innovation subsidies will cause enterprises select radical innovation mode with the higher probability and select incremental innovation mode with the lower probability, otherwise the results are reverse; under the condition of difference between product price and marginal cost, there is a different caused by the impact significance of two innovation subsidies on innovation mode selection.

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innovation input subsidy / subsidy for innovative product / innovation mode selection / impact / evolutionary game

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Zhang Chunhui, Chen Jixiang. Comparative analysis on impacts of two innovation subsidies on innovation mode selection[J]. Science Research Management. 2011, 32(8): 9-16

References

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