A Tripartite Game Strategy to Promote the Commercialization of Research Results: A Synergistic Development Path Between Universities, Government, and Enterprises

Abstract

Purpose – The purpose of this paper is to explore the tripartite relationship between the government, universities, and enterprises in the process of improving China’s innovation index. We hope to gain an in-depth understanding of the dynamic game process among these three, and how various factors affect the way they cooperate in this process. Design/Methodology/Approach – Based on evolutionary game theory as a research tool, we constructed a tripartite evolutionary game model of universities, government, and commercial institutions, and analyzed the stability of each party's strategic choices and the relationship between the influence of each element. Findings – By simulating strategy combinations and the evolution process in different contexts, we derived the conditions for the occurrence of stable strategy combinations among universities, governments, and business organizations. Through the above study, we found that stable strategy combinations among government, universities, and enterprises are crucial in promoting the development of China’s innovation index. Research Implications – This study has important theoretical significance for understanding the dynamic relationship among government, universities, and firms, and also provides practical guidance for policy makers. Through this study, policy makers can have a clearer understanding of the needs and interests of each party, so that they can formulate more effective policies to promote the development of innovation activities.