期刊名称:International Journal of Engineering Business Management
印刷版ISSN:1847-9790
电子版ISSN:1847-9790
出版年度:2022
卷号:14
DOI:10.1177/18479790221097235
语种:English
出版社:InTech
摘要:Many firms find it challenging to develop innovations, evidenced by the ever-mounting number of university-industry research alliances. This study examines the strategic choices of actors who participate in collaborative innovation alliances involving partnerships between industry and universities (U-I) based on a stochastic evolutionary game model. White noise was introduced to reflect uncertainty and the stochastic interferences caused by the differences between actors. Using the Itô stochastic differential equation theory, we analyze stability issues of player behaviors in the evolution of a collaborative innovation alliance. The results illustrate that improvements in innovation efficiency can contribute to U-I collaborative innovation alliances. High knowledge complementarity appears to be unbeneficial to the stability of these alliances, and controlling knowledge spillovers may suppress free-rider problems from both sides of the game. Our study contributes to innovation research by providing a decision-making reference for the design of U-I cooperation.