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Co-innovation and Code of Value Appropriation

In: The 19th International Conference on Industrial Engineering and Engineering Management

Author

Listed:
  • Ping Xu

    (Huaiyin Institute of Technology)

  • Yong-cheng Xu

    (South China University of Technology)

Abstract

There would be a fair code to decide the value that had been created by assets such as technology. The code would encourage the owner of assets to innovate and to maximize the firm value. The game theory is introduced into the research of creating and distributing firm value and the game model based on the rule of distribution proportion between capital owner and the technology owner was set up. The total maximum value of the firm is counteracted by action of players’ maximizing self-value. A new code was given that the innovator captures the whole value caused by innovation to maximize the total maximum value of the firm.

Suggested Citation

  • Ping Xu & Yong-cheng Xu, 2013. "Co-innovation and Code of Value Appropriation," Springer Books, in: Ershi Qi & Jiang Shen & Runliang Dou (ed.), The 19th International Conference on Industrial Engineering and Engineering Management, edition 127, chapter 0, pages 987-996, Springer.
    • Handle: RePEc:spr:sprchp:978-3-642-37270-4_94
    DOI: 10.1007/978-3-642-37270-4_94
    as

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