The Complexities in the R&D Competition Model with Spillover Effects in the Supply Chain
This study aims to investigate the research and development (R&D) competition within the supply chain, focusing on two aspects: R&D competition at the manufacturing level and competition in pricing strategies. This paper establishes a dynamic game model of R&D competition, comprising two...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Hindawi-Wiley
2024-01-01
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| Series: | Complexity |
| Online Access: | http://dx.doi.org/10.1155/2024/3152363 |
| _version_ | 1797271538427232256 |
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| author | Jianli Xiao Hanli Xiao |
| author_facet | Jianli Xiao Hanli Xiao |
| author_sort | Jianli Xiao |
| collection | DOAJ |
| description | This study aims to investigate the research and development (R&D) competition within the supply chain, focusing on two aspects: R&D competition at the manufacturing level and competition in pricing strategies. This paper establishes a dynamic game model of R&D competition, comprising two manufacturers and two retailers, with both manufacturers exhibiting bounded rationality. The key findings are as follows: (1) an increase in the adjustment speed positively affects the chaotic nature of the R&D competition system, leading to a state of disorder. This chaotic state has adverse implications for manufacturing profitability. (2) The spillover effect exhibits a positive relationship with the level of chaos in the R&D competition system. A greater spillover effect contributes to a more turbulent environment, which subsequently impacts the profitability of manufacturers. (3) R&D cost parameters exert a positive influence on the stability of the R&D competition system. When the system reaches a state of equilibrium, an escalation in the R&D cost parameters poses a threat to manufacturer profitability. (4) Retailer costs play a detrimental role in the stability of the R&D competition system. As retailer costs increase, there is a decline in R&D levels, thereby diminishing manufacturer profitability. (5) To mitigate the chaotic state, we propose the implementation of the time-delayed feedback control (TDFC) method, which reflects a more stable state in the R&D competition system. |
| first_indexed | 2024-03-07T14:04:59Z |
| format | Article |
| id | doaj.art-793bcbec0f184da18909d08077d653e0 |
| institution | Directory Open Access Journal |
| issn | 1099-0526 |
| language | English |
| last_indexed | 2024-03-07T14:04:59Z |
| publishDate | 2024-01-01 |
| publisher | Hindawi-Wiley |
| record_format | Article |
| series | Complexity |
| spelling | doaj.art-793bcbec0f184da18909d08077d653e02024-03-07T00:00:01ZengHindawi-WileyComplexity1099-05262024-01-01202410.1155/2024/3152363The Complexities in the R&D Competition Model with Spillover Effects in the Supply ChainJianli Xiao0Hanli Xiao1School of Economics and ManagementSchool of Tourism and Resources EnvironmentThis study aims to investigate the research and development (R&D) competition within the supply chain, focusing on two aspects: R&D competition at the manufacturing level and competition in pricing strategies. This paper establishes a dynamic game model of R&D competition, comprising two manufacturers and two retailers, with both manufacturers exhibiting bounded rationality. The key findings are as follows: (1) an increase in the adjustment speed positively affects the chaotic nature of the R&D competition system, leading to a state of disorder. This chaotic state has adverse implications for manufacturing profitability. (2) The spillover effect exhibits a positive relationship with the level of chaos in the R&D competition system. A greater spillover effect contributes to a more turbulent environment, which subsequently impacts the profitability of manufacturers. (3) R&D cost parameters exert a positive influence on the stability of the R&D competition system. When the system reaches a state of equilibrium, an escalation in the R&D cost parameters poses a threat to manufacturer profitability. (4) Retailer costs play a detrimental role in the stability of the R&D competition system. As retailer costs increase, there is a decline in R&D levels, thereby diminishing manufacturer profitability. (5) To mitigate the chaotic state, we propose the implementation of the time-delayed feedback control (TDFC) method, which reflects a more stable state in the R&D competition system.http://dx.doi.org/10.1155/2024/3152363 |
| spellingShingle | Jianli Xiao Hanli Xiao The Complexities in the R&D Competition Model with Spillover Effects in the Supply Chain Complexity |
| title | The Complexities in the R&D Competition Model with Spillover Effects in the Supply Chain |
| title_full | The Complexities in the R&D Competition Model with Spillover Effects in the Supply Chain |
| title_fullStr | The Complexities in the R&D Competition Model with Spillover Effects in the Supply Chain |
| title_full_unstemmed | The Complexities in the R&D Competition Model with Spillover Effects in the Supply Chain |
| title_short | The Complexities in the R&D Competition Model with Spillover Effects in the Supply Chain |
| title_sort | complexities in the r d competition model with spillover effects in the supply chain |
| url | http://dx.doi.org/10.1155/2024/3152363 |
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