Abstract

The sustainable cooperation of innovation in industrial parks is of great significance to the sustainable development of enterprises and parks. Factors explaining enterprise innovation cooperation activities in industrial parks have attracted great attention in scholarly research. In this article, a preference-based snowdrift game model on complex networks is proposed, where different combinations of enterprise reciprocity and risk preferences are introduced into the game model. The impact of these preferences on the sustainability of cooperation in mature and less-mature parks, characterized by different network styles, is examined through simulations. The investigation reveals that reciprocity and risk preferences have an effect on the sustainable emergence of enterprise cooperation under the constraints of a loss-to-profit ratio of cooperation, network average degree, and network style. Reciprocity preferences of enterprises are shown to have a greater impact on the sustainable emergence of cooperation than risk preference in two types of parks. Additionally, this advantage is more significant in less-mature parks. The results show the positive relationships between combinations of risk aversion and reciprocity preferences and the emergence of cooperation from a long-term perspective. This study concludes with a discussion of management suggestions and policy implications. The findings shed light on the understanding of the sustainable emergence of innovation cooperation in industrial parks.

Highlights

  • Providing abundant resources, services, and social networking opportunities, industrial parks have become an important arena for supporting the innovation and growth of enterprises [1]

  • We address the following research questions: (1) How is an enterprise’s choice of strategy determined by its preferences and game income? (2) How do enterprise reciprocity and risk preferences influence the sustainable emergence of innovation cooperation in a park?

  • This paper proposes a snowdrift game model on complex networks, where enterprises with different compositions of reciprocity and risk preferences are creatively introduced into the game model

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Summary

Introduction

Services, and social networking opportunities, industrial parks have become an important arena for supporting the innovation and growth of enterprises [1]. Very few studies have considered the evolutionary game model on complex networks, which helps explain how the cooperation of group players can evolve in complex environments [18] This paper uses this evolutionary game model approach to analyze the dynamics of enterprise innovation cooperation. It introduces some enterprise’s psychological preferences in to the evolutionary game model to show how they influence the sustainable emergence of cooperation in industrial parks. By studying the strategy adjustment rule of enterprises, the paper characterizes the dynamics of enterprise cooperation behavior and provides a clearer understanding of the sustainable emergence of innovation cooperation activities in industrial parks.

Theoretical Background
Reciprocity and Risk Preferences of Enterprises
Snowdrift Game Model on Cooperative Networks
Network Styleof Industrial Parks
Simulation and Comparison
Simulation of Cooperative Network Characteristics of Two Types of Parks
Changes
Cooperation
Changes of the Cooperation Rate under Different Preference Combinations
Cooperation rates under the four preference combinations
Effect of Loss-to-Profit Ratio on the Cooperation Rate under Different
Threshold
Dynamics of the Ratio
Figures andthat
Parameterization:
Parameterization
11. Threshold
12. Threshold
Conclusions
Key Findings
Management Implications
Future Research

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