Motivation Mechanism Prevents Adverse Selection in Industrial Technology Innovation Strategic Alliance
Joint Authors
Source
Discrete Dynamics in Nature and Society
Issue
Vol. 2014, Issue 2014 (31 Dec. 2014), pp.1-8, 8 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2014-07-07
Country of Publication
Egypt
No. of Pages
8
Main Subjects
Abstract EN
Choosing proper partners is the key to the success of the alliance.
Based on the analysis of the characters of the Industrial Technology Innovation Strategic Alliance, a new kind of cooperative organization occurred in China in recent years.
The problem of “adverse selection” at the stage of the its establishment is discussed in this paper.
The game model is built based on motivation theory and the principle-agent theory and then proved by examples.
The conclusions can be got from the model.
By setting the ranges of funds, preferential policy, and sharable profits and designing membership rules, the organizer of the Industrial Technology Innovation Strategic Alliance can motivate the risk neutral applicant to reveal his real capacity and the one with higher capacity to participate intothe alliance more actively and even can set capacity threshold for applicants implicitly.
American Psychological Association (APA)
Zhao, Mingxia& Li, Changhong. 2014. Motivation Mechanism Prevents Adverse Selection in Industrial Technology Innovation Strategic Alliance. Discrete Dynamics in Nature and Society،Vol. 2014, no. 2014, pp.1-8.
https://search.emarefa.net/detail/BIM-473620
Modern Language Association (MLA)
Zhao, Mingxia& Li, Changhong. Motivation Mechanism Prevents Adverse Selection in Industrial Technology Innovation Strategic Alliance. Discrete Dynamics in Nature and Society No. 2014 (2014), pp.1-8.
https://search.emarefa.net/detail/BIM-473620
American Medical Association (AMA)
Zhao, Mingxia& Li, Changhong. Motivation Mechanism Prevents Adverse Selection in Industrial Technology Innovation Strategic Alliance. Discrete Dynamics in Nature and Society. 2014. Vol. 2014, no. 2014, pp.1-8.
https://search.emarefa.net/detail/BIM-473620
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-473620