Abstract
Cooperative green innovation is an important tool to cope with global climate change and this article highlights cooperative green innovation with game theory. Some interesting conclusions are achieved. First, emission tax stimulates the innovation for all firms. Second, free-rider phenomena appear in cooperative green innovation. When the cooperative green innovation requires big investment, firms have intention to launch free-rider. Finally, the underinvestment of cooperative green innovation exists. This article suggests to regulate innovative investment and to subsidize to improve cooperative green innovation.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
