IDEAS home Printed from https://ideas.repec.org/a/spr/jknowl/v15y2024i2d10.1007_s13132-023-01166-3.html
   My bibliography  Save this article

The Non-cooperative Game and Cooperative Game Between Independent Innovation Firm and Imitative Innovation Firm

Author

Listed:
  • Shaohua Qin

    (Luo Yang Normal University)

Abstract

We divide innovative firms into independent innovation firm and imitative innovation firm. In this paper, we study the game between independent and imitative innovative firms. Their games include non-cooperative games and cooperative games. Using the model, we argue that the optimal game strategy for independent and imitating innovators is to play a cooperative game. They will both get higher expected returns by playing a cooperative game. This is also the case in the long run. Cooperation should be an important option in the inter-firm game.

Suggested Citation

  • Shaohua Qin, 2024. "The Non-cooperative Game and Cooperative Game Between Independent Innovation Firm and Imitative Innovation Firm," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(2), pages 5443-5465, June.
    • Handle: RePEc:spr:jknowl:v:15:y:2024:i:2:d:10.1007_s13132-023-01166-3
    DOI: 10.1007/s13132-023-01166-3
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s13132-023-01166-3
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s13132-023-01166-3?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Drew Fudenberg & Jean Tirole, 1985. "Preemption and Rent Equalization in the Adoption of New Technology," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 52(3), pages 383-401.
    2. Dirk Meissner, 2019. "Public-Private Partnership Models for Science, Technology, and Innovation Cooperation," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(4), pages 1341-1361, December.
    3. Brodley, Joseph F, 1990. "Antitrust Law and Innovation Cooperation," Journal of Economic Perspectives, American Economic Association, vol. 4(3), pages 97-112, Summer.
    4. Rune Dahl Fitjar & Andrés Rodríguez-Pose, 2015. "Networking, context and firm-level innovation: Cooperation through the regional filter in Norway," Papers in Evolutionary Economic Geography (PEEG) 1516, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised May 2015.
    5. Spyros Arvanitis & Thomas Bolli, 2013. "A Comparison of National and International Innovation Cooperation in Five European Countries," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 43(3), pages 163-191, November.
    6. Jian Cao & Xihui Chen & Sisi Wu & Sanjay Kumar, 2021. "Evolving remanufacturing strategies in China: an evolutionary game theory perspective," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(10), pages 14827-14853, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. João Augusto Ferreira Freire & Eduardo Gonçalves, 2022. "Cooperation in Innovative Efforts: a Systematic Literature Review," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(4), pages 3364-3400, December.
    2. Oscar Gutiérrez & Francisco Ruiz-Aliseda, 2011. "Real options with unknown-date events," Annals of Finance, Springer, vol. 7(2), pages 171-198, May.
    3. Dennis L. Gärtner, 2022. "Corporate Leniency in a Dynamic World: The Preemptive Push of an Uncertain Future," Journal of Industrial Economics, Wiley Blackwell, vol. 70(1), pages 119-146, March.
    4. Atal, Vidya & Bar, Talia & Gordon, Sidartha, 2016. "Project selection: Commitment and competition," Games and Economic Behavior, Elsevier, vol. 96(C), pages 30-48.
    5. Levy, Nadav, 2012. "Technology sharing and tacit collusion," International Journal of Industrial Organization, Elsevier, vol. 30(2), pages 204-216.
    6. Alberto Galasso & Mihkel Tombak, 2014. "Switching to Green: The Timing of Socially Responsible Innovation," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 23(3), pages 669-691, September.
    7. Balter, Anne G. & Huisman, Kuno J.M. & Kort, Peter M., 2022. "Effects of creative destruction on the size and timing of an investment," International Journal of Production Economics, Elsevier, vol. 252(C).
    8. Erika Raquel Badillo & Rosina Moreno, 2016. "Are Collaborative Agreements in Innovation Activities Persistent at the Firm Level? Empirical Evidence for the Spanish Case," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 49(1), pages 71-101, August.
    9. Michael Reksulak & William F. Shughart & Robert D. Tollison, 2008. "Innovation and the opportunity cost of monopoly," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 29(8), pages 619-627.
    10. Marini, Giovanni & Pannone, Andrea, 2007. "Capital and capacity utilization revisited: A theory for ICT-assisted production systems," Structural Change and Economic Dynamics, Elsevier, vol. 18(2), pages 231-248, June.
    11. Kong, Jean J. & Kwok, Yue Kuen, 2007. "Real options in strategic investment games between two asymmetric firms," European Journal of Operational Research, Elsevier, vol. 181(2), pages 967-985, September.
    12. Billette de Villemeur, Etienne & Ruble, Richard & Versaevel, Bruno, 2014. "Innovation and imitation incentives in dynamic duopoly," MPRA Paper 59453, University Library of Munich, Germany.
    13. Parhi, Mamata, 2005. "Diffusion of New Technology in Indian Auto Component Industry: An Examination of the Determinants of Adoption," UNU-INTECH Discussion Paper Series 2005-08, United Nations University - INTECH.
    14. Tobias Kretschmer & Katrin Muehlfeld, 2004. "Co-opetition in Standard-Setting: The Case of the Compact Disc," Working Papers 04-14, NET Institute, revised Oct 2004.
    15. Oliver Hart & Jean Tirole, 1990. "Vertical Integration and Market Foreclosure," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 21(1990 Micr), pages 205-286.
    16. Wencheng Yu & Xingang Wen & Nick F. D. Huberts & Peter M. Kort, 2024. "Strategic investment under uncertainty: why multi-option firms lose the preemption run," Journal of the Operational Research Society, Taylor & Francis Journals, vol. 75(9), pages 1855-1872, September.
    17. Georg Götz, 2002. "Spatial Competition, Sequential Entry, and Technology choice," Vienna Economics Papers 0215, University of Vienna, Department of Economics.
    18. Anna Pavlova, "undated". ""Adjustment Costs, Learning-by-Doing, and Technology Adoption under Uncertainty''," CARESS Working Papres 99-07, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
    19. Huasheng Zhu & Kelly Wanjing Chen & Juncheng Dai, 2016. "Beyond Apprenticeship: Knowledge Brokers and Sustainability of Apprentice-Based Clusters," Sustainability, MDPI, vol. 8(12), pages 1-17, December.
    20. Matros, Alexander & Smirnov, Vladimir, 2016. "Duplicative search," Games and Economic Behavior, Elsevier, vol. 99(C), pages 1-22.

    More about this item

    Keywords

    Independent innovation; Imitative innovation; Game; Cooperation;
    All these keywords.

    JEL classification:

    • B21 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Microeconomics
    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:jknowl:v:15:y:2024:i:2:d:10.1007_s13132-023-01166-3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.