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The more cooperation, the better? Optimizing enterprise cooperative strategy in collaborative innovation networks

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  • Wei, Shanting
  • Zhang, Zhuo
  • Ke, Ginger Y.
  • Chen, Xintong

Abstract

Under the environment of collaborative innovation network, a dynamic and flexible cooperative strategy can help enterprises improve cooperation efficiency and innovation performance. Based on the individual rationality of enterprises and the stability of innovation network, this study uses game and simulation methods to examine three different cooperative strategies considering the change of network environment, namely decreasing, maintaining, or increasing the number of cooperative connections. The punishment mechanism is also examined in detail under a certain strategy. The investigation reveals the relationships of cooperative strategies with the technology spillover value and the profits of enterprises. Moreover, an appropriate punishment measure can be extremely helpful in reducing the default risk and enhancing the network stability. Finally, according to the results of a series of numerical simulations, we provide further managerial insights for the optimization of enterprise cooperative strategies on the basis of dynamic collaborative innovation networks.

Suggested Citation

  • Wei, Shanting & Zhang, Zhuo & Ke, Ginger Y. & Chen, Xintong, 2019. "The more cooperation, the better? Optimizing enterprise cooperative strategy in collaborative innovation networks," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 534(C).
    • Handle: RePEc:eee:phsmap:v:534:y:2019:i:c:s0378437119303954
    DOI: 10.1016/j.physa.2019.04.046
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    References listed on IDEAS

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    Cited by:

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    2. Beatriz Corchuelo Martínez-Azúa & Pedro Eugenio López-Salazar & Celia Sama-Berrocal, 2020. "Determining Factors of Innovative Performance: Case Studies in Extremaduran Agri-Food Companies," Sustainability, MDPI, vol. 12(21), pages 1-24, November.
    3. Hongmei Shan & Ying Li & Jing Shi, 2020. "Influence of Supply Chain Collaborative Innovation on Sustainable Development of Supply Chain: A Study on Chinese Enterprises," Sustainability, MDPI, vol. 12(7), pages 1-19, April.
    4. Xia Cao & Chuanyun Li & Wei Chen & Jinqiu Li & Chaoran Lin, 2020. "Research on the invulnerability and optimization of the technical cooperation innovation network based on the patent perspective—A case study of new energy vehicles," PLOS ONE, Public Library of Science, vol. 15(9), pages 1-19, September.
    5. Feng, Zhijun & Cai, Hechang & Chen, Zinan & Zhou, Wen, 2022. "Influence of an interurban innovation network on the innovation capacity of China: A multiplex network perspective," Technological Forecasting and Social Change, Elsevier, vol. 180(C).
    6. Wenjian Li & Yang Zhang & Yuanyuan Wu & Xue Han & Benhai Guo & Gang Xie, 2021. "Enterprise Reciprocity and Risk Preferences and the Sustainable Cooperation of Innovation Activities in Industrial Parks," Sustainability, MDPI, vol. 13(17), pages 1-22, August.
    7. Nadežda Jankelová & Zuzana Joniaková, 2022. "Strategic decision making and innovative performance of micro and small enterprises," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 9(3), pages 242-264, March.
    8. Sofiane Mostefaoui & Ali Yousfat, 2022. "The Challenges of the Networked Enterprises: A Conceptual Paradigm," Technium Social Sciences Journal, Technium Science, vol. 38(1), pages 467-477, December.

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