Research on the Internal Financing Mechanism in the Innovation Chain
Joint Authors
Liu, Huihong
Ding, Han
Zhou, Xinmiao
Source
Mathematical Problems in Engineering
Issue
Vol. 2020, Issue 2020 (31 Dec. 2020), pp.1-8, 8 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2020-12-07
Country of Publication
Egypt
No. of Pages
8
Main Subjects
Abstract EN
It is of great significance to build an efficient and cooperative innovation system and support system under the background of China persisting in leading the development with innovation and speeding up the construction of an innovation-oriented country.
The collaborative relationship and profit distribution of each innovation subject will be analyzed through the study of the innovation activity in the innovation chain.
With consideration of the characteristics of the innovation chain such as high risk, financing difficulty, cooperative partnership and so on and using the internal financing mode of supply chain for reference, the game model of internal financing between members of the innovation chain will be established.
The game equilibriums will be solved and analyzed, and the optimal equilibriums will be achieved by designing the contracts to establish the internal financing mechanisms in the innovative chain.
For the risk asymmetry at each stage of the innovation chain, the contracts will be optimized to construct the risk sharing mechanism to control the risk of the internal financing in the innovation chain.
In order to make innovations, this paper creates the financial support mode of the innovation chain, improves the innovation support system and increases the efficiency of the innovation chain.
American Psychological Association (APA)
Liu, Huihong& Ding, Han& Zhou, Xinmiao. 2020. Research on the Internal Financing Mechanism in the Innovation Chain. Mathematical Problems in Engineering،Vol. 2020, no. 2020, pp.1-8.
https://search.emarefa.net/detail/BIM-1201745
Modern Language Association (MLA)
Liu, Huihong…[et al.]. Research on the Internal Financing Mechanism in the Innovation Chain. Mathematical Problems in Engineering No. 2020 (2020), pp.1-8.
https://search.emarefa.net/detail/BIM-1201745
American Medical Association (AMA)
Liu, Huihong& Ding, Han& Zhou, Xinmiao. Research on the Internal Financing Mechanism in the Innovation Chain. Mathematical Problems in Engineering. 2020. Vol. 2020, no. 2020, pp.1-8.
https://search.emarefa.net/detail/BIM-1201745
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1201745