STUDY ON COURNOT OLIGOPOLY OF PROCESS INNOVATION WITH THREE PARTICIPANTS UNDER RISK
Although technological innovation, a kind of economic behavior, makes a great amount of profit for enterprises, it always accompanies a corresponding risk. Its known that the success rate of technology innovation is closely related to the innovation investment and the researching ability of the enterprise. So we modeling the success rate of technology innovation by the means of the Logistic model. Then we combine it with the Coumot model for a further emulation research. At last, we come to some conclusions as follows: 1) in the case of risk, the maximizing social reducible cost is greater than the maximizing private one. And the reducible cost has a peak value, no longer monotone decreasing; 2) there is optimum innovation investments which can make the enterprise get the maximizing profit.
process innovation cournot oligopoly risk
Limin Li Juan Chen
School of Economics and Management, Beihang University, Beijing 100191, China
国际会议
The Tneth International Conference on Industrial Management(第十届工业管理国际会议 ICIM 2010)
北京
英文
328-331
2010-09-16(万方平台首次上网日期,不代表论文的发表时间)