Game Analysis of Financial Product Innovation
Which way of product innovation is better for banks? This article uses game theory to analyze this problem.Imitation innovation is a strategy for a bank in an inferior position to catch up with advanced banks and surpass them and a representation of making full use of its subsequent advantage.Imitation innovation is a short-term and catching up strategy while original innovation is a long-term and sustainable strategy.Therefore,in the long run,state-owned commercial banks can only become market leaders and enhance their integrated competitiveness via original innovation.
Imitation innovation Original innovation Methods
Yu Ping Zhang Dongqi
School of Economics,Wuhan University of Technology,Wuhan,P.R.China,430070
国际会议
第三届产品创新管理国际会议(The 3rd International Conference on Product Innovation Management)
武汉
英文
2008-10-26(万方平台首次上网日期,不代表论文的发表时间)