The Optimal Strategy of Enterprise Key Resource Allocation and Utilization in Collaborative Innovation Project Based on Evolutionary Game
The rational allocation and utilization of key corporate resources is the key to the success of collaborative innovation projects. Finding an optimal strategy for the allocation and utilization of key resources is of great significance for promoting the smooth progress of cooperative both innovation...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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MDPI AG
2022-01-01
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| Series: | Mathematics |
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| Online Access: | https://www.mdpi.com/2227-7390/10/3/400 |
| _version_ | 1797486373660262400 |
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| author | Jiayi Jia Yongzeng Lai Zheng Yang Lin Li |
| author_facet | Jiayi Jia Yongzeng Lai Zheng Yang Lin Li |
| author_sort | Jiayi Jia |
| collection | DOAJ |
| description | The rational allocation and utilization of key corporate resources is the key to the success of collaborative innovation projects. Finding an optimal strategy for the allocation and utilization of key resources is of great significance for promoting the smooth progress of cooperative both innovation parties and increasing project returns. Therefore, from the perspective of the repeated games of the project participants, this article studies the optimal allocation and utilization of key resources of the enterprise in collaborative innovation projects. In this study, nine scenarios and eighteen strategic combinations of resources allocation and utilization by collaborative innovation partners are explored. Explicit expressions for the components of sixteen equilibrium points in terms of parameters are derived. Among these equilibrium points, four stable solutions are determined. These stable solutions correspond to the optimal strategies for enterprises allocating key resources and A&R parties to use these resources in different scenarios, and these strategies enable partners to maximize their interests. On this basis, some suggestions are put forward to promote cooperation and improve project performance. |
| first_indexed | 2024-03-09T23:32:15Z |
| format | Article |
| id | doaj.art-85550fae222d457d825ec90e037ed5dd |
| institution | Directory Open Access Journal |
| issn | 2227-7390 |
| language | English |
| last_indexed | 2024-03-09T23:32:15Z |
| publishDate | 2022-01-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Mathematics |
| spelling | doaj.art-85550fae222d457d825ec90e037ed5dd2023-11-23T17:07:02ZengMDPI AGMathematics2227-73902022-01-0110340010.3390/math10030400The Optimal Strategy of Enterprise Key Resource Allocation and Utilization in Collaborative Innovation Project Based on Evolutionary GameJiayi Jia0Yongzeng Lai1Zheng Yang2Lin Li3School of Business, Hunan University, Changsha 410082, ChinaDepartment of Mathematics, Wilfrid Laurier University, Waterloo, ON N2L 3C5, CanadaSchool of Business, Hunan University, Changsha 410082, ChinaSchool of Business, Hunan University, Changsha 410082, ChinaThe rational allocation and utilization of key corporate resources is the key to the success of collaborative innovation projects. Finding an optimal strategy for the allocation and utilization of key resources is of great significance for promoting the smooth progress of cooperative both innovation parties and increasing project returns. Therefore, from the perspective of the repeated games of the project participants, this article studies the optimal allocation and utilization of key resources of the enterprise in collaborative innovation projects. In this study, nine scenarios and eighteen strategic combinations of resources allocation and utilization by collaborative innovation partners are explored. Explicit expressions for the components of sixteen equilibrium points in terms of parameters are derived. Among these equilibrium points, four stable solutions are determined. These stable solutions correspond to the optimal strategies for enterprises allocating key resources and A&R parties to use these resources in different scenarios, and these strategies enable partners to maximize their interests. On this basis, some suggestions are put forward to promote cooperation and improve project performance.https://www.mdpi.com/2227-7390/10/3/400evolutionary gameequilibriumoptimal strategyindustry-university-research cooperationkey resource allocation |
| spellingShingle | Jiayi Jia Yongzeng Lai Zheng Yang Lin Li The Optimal Strategy of Enterprise Key Resource Allocation and Utilization in Collaborative Innovation Project Based on Evolutionary Game Mathematics evolutionary game equilibrium optimal strategy industry-university-research cooperation key resource allocation |
| title | The Optimal Strategy of Enterprise Key Resource Allocation and Utilization in Collaborative Innovation Project Based on Evolutionary Game |
| title_full | The Optimal Strategy of Enterprise Key Resource Allocation and Utilization in Collaborative Innovation Project Based on Evolutionary Game |
| title_fullStr | The Optimal Strategy of Enterprise Key Resource Allocation and Utilization in Collaborative Innovation Project Based on Evolutionary Game |
| title_full_unstemmed | The Optimal Strategy of Enterprise Key Resource Allocation and Utilization in Collaborative Innovation Project Based on Evolutionary Game |
| title_short | The Optimal Strategy of Enterprise Key Resource Allocation and Utilization in Collaborative Innovation Project Based on Evolutionary Game |
| title_sort | optimal strategy of enterprise key resource allocation and utilization in collaborative innovation project based on evolutionary game |
| topic | evolutionary game equilibrium optimal strategy industry-university-research cooperation key resource allocation |
| url | https://www.mdpi.com/2227-7390/10/3/400 |
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