Journal article
An analysis on strategy evolution of research & development in cooperative innovation network of new energy vehicle within policy transition period
Omega (Oxford), v 112, 102686
Oct 2022
Featured in Collection : UN Sustainable Development Goals @ Drexel
Abstract
•A novel framework for using optimal research & development (R&D) investment to derive the innovation motivation of the new energy vehicle (NEV) industry is constructed.•An industry game model is established to explore dynamic influence of policy transition imposed on the R&D strategy evolution of the innovation entities.•Considering the difference of R&D preference, seven decision-making scenarios of innovative entities are proposed.•The rate of subsidy reduction should be regulated, and dual-credit policy should be promoted steadily and actively.•The cooperative innovation network exists an optimal connectivity that maximizes the proportion of the suppliers' R&D strategy.
Insufficient motivation and investment in research and development (R&D) will hamper further developing of the new energy vehicle (NEV) industry. In response to this dilemma, the Chinese government has successively issued the subsidy and dual-credit policies. This study aims at exploring the influence mechanism of the policy transition imposed on the R&D strategy evolution in NEV cooperative innovation network, thus constructing a two-level game model accordingly. Specifically, the inversion method is used a posteriori in the first level to address suppliers' optimal R&D investment. Then, the optimal R&D investment and patent data are used in the second level to construct the network game model, thereby analyzing the influences of the policy transition and of network characteristics on suppliers' R&D strategy evolution. Simulation results suggest that within the subsidy reduction stage, suppliers prefer to choose independent R&D strategy. To summarize, the implementation of the dual-credit policy can reduce the heavy dependence of suppliers' technology R&D upon subsidies while increasing the proportion of suppliers choosing cooperative R&D. In the NEV cooperative innovation network, the evolution of suppliers' R&D strategy can be effectively promoted via not only the controlling over the optimal network clustering coefficient but also the influence of the key nodes within.
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Details
- Title
- An analysis on strategy evolution of research & development in cooperative innovation network of new energy vehicle within policy transition period
- Creators
- Jing Han - Xi'an Jiaotong UniversityJu-E Guo - Xi'an Jiaotong UniversityXun Cai - Sichuan UniversityCheng Lv - Xi'an Jiaotong UniversityBenjamin Lev - Drexel University
- Publication Details
- Omega (Oxford), v 112, 102686
- Publisher
- Elsevier
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Decision Sciences (and Management Information Systems)
- Web of Science ID
- WOS:000833597400004
- Scopus ID
- 2-s2.0-85131074881
- Other Identifier
- 991019168271104721
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- Collaboration types
- Domestic collaboration
- International collaboration
- Web of Science research areas
- Management
- Operations Research & Management Science