Game Theory Analysis on the Incentive Mechanism of Technology Innovation Diffusion in the High-tech Zone

Yang Guo-Zhong

doi:10.11648/j.ash.20170306.12

Abstract

By constructing and analyzing the incentive model of technology innovation diffusion in high-tech zone, it is found out that the traditional incentive mechanism will lead technology innovation diffusion into “Prisoner’s Dilemma”, and asymmetrical information’s merely direct incentive to the technology diffusion will result in incentive distortion. Thus, the improved incentive mechanism model based on pooling of interests in high-tech zone is brought forward, and the relevant factors influencing the level of innovation diffusion are obtained. There is a further conclusion that the design of incentive contract and incentive coefficient in high-tech zone should accord to the different innovation ability and the marginal income between the enterprises during diffusion respectively.

Highlights

With the development trend of economic globalization, in order to improve the international competitiveness, the development of high-tech industries with the high technical content, high value-added and high competitiveness is highly valued by many countries and regions, especially those developed ones
Since the plan of high-tech industry development--Torch Program began in China in 1988, there is already 150 national high-tech zones granted by the State Council by 2016
The number of high-tech zones those have an impact both home and abroad is quite limited in China. This phenomenon is caused by various reasons, of which the most important one is that the management of the zone often merely values incentive to technology innovation while ignores the importance of incentive to technology innovation diffusion

Summary

Introduction

With the development trend of economic globalization, in order to improve the international competitiveness, the development of high-tech industries with the high technical content, high value-added and high competitiveness is highly valued by many countries and regions, especially those developed ones. The effect of innovation spillovers can increase accumulation of knowledge and creation of new technologies in the cluster, and it is the ultimate cause for high-tech industrial cluster to improve their innovation ability and competitiveness [2,3]. The number of high-tech zones those have an impact both home and abroad is quite limited in China. This phenomenon is caused by various reasons, of which the most important one is that the management of the zone often merely values incentive to technology innovation while ignores the importance of incentive to technology innovation diffusion. By constructing a static game model, taking the management as principal and all the enterprises in the zone as agent, this paper discusses the incentive mechanism step by step, and tries to establish a more suitable incentive mechanism model to the innovation diffusion in high-tech zone

Analysis of the Existing Incentive Mechanism to the Diffusion

Incentive Distortion During Technology Innovation Diffusion in High-tech Zone

Improved Incentive Mechanism Model Based on Revenue Sharing in the Zone

The Optimal Strategy of the Enterprises

The Conclusion