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Synergy between Electric Vehicle Manufacturers and Battery Recyclers through Technology and Innovation: A Game Theory Approach

Author

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  • Shuang Yao

    (College of Economics and Management, China Jiliang University, Hangzhou 310018, China
    Institute of Digitalization and Data Intelligence, China Jiliang University, Hangzhou 310018, China)

  • Leke Wu

    (College of Economics and Management, China Jiliang University, Hangzhou 310018, China)

  • Donghua Yu

    (Department of Computer Science and Engineering, Shaoxing University, Shaoxing 312000, China
    Institute of Artificial Intelligence, Shaoxing University, Shaoxing 312000, China)

Abstract

Power battery recycling (PBR) has triggered profound changes in the industrial chain of electric vehicles (EVs). The PBR innovation network provides information channels and resource conditions for enterprises, but the mechanism of its impact on the synergistic innovation benefits and sustainable development ability of EV and PBR enterprises still needs further exploration. In this paper, we collect patent data for PBR from 2012 to 2020, identify the structural characteristics of innovation networks, and construct a synergy game model for PBR technology, aiming to analyze the synergistic effect of network embedding and knowledge spillover in PBR enterprises on technological innovation. First, we find that the PBR innovation network exhibits the small-world effect, which has a double-edged sword effect on technological cooperation innovation. Second, structural holes benefits of the main body of PBR technological innovation have a significant impact on cooperation innovation behavior. Third, the enhancement of the relevance and deep complementarity of knowledge cooperation is sufficient to make up for the input cost of PBR technological cooperation innovation, with additional benefits created by the increase in the output of structural holes. However, companies tend to be more inclined toward non-cooperative innovation as the knowledge spillover effect of the innovation network increases.

Suggested Citation

  • Shuang Yao & Leke Wu & Donghua Yu, 2023. "Synergy between Electric Vehicle Manufacturers and Battery Recyclers through Technology and Innovation: A Game Theory Approach," Sustainability, MDPI, vol. 15(18), pages 1-18, September.
  • Handle: RePEc:gam:jsusta:v:15:y:2023:i:18:p:13726-:d:1239962
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    References listed on IDEAS

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    Cited by:

    1. Yan Li & Jiale Zhang, 2024. "Evolutionary Game Analysis of Low-Carbon Incentive Behaviour of Power Battery Recycling Based on Prospect Theory," Sustainability, MDPI, vol. 16(7), pages 1-24, March.

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