| Title |
Spillover Effect and Sustainable Innovation of Competing Firms with Channel Leadership |
| ID_Doc |
35342 |
| Authors |
Du, BS; Hu, ZQ; Liu, R; Li, ZF |
| Title |
Spillover Effect and Sustainable Innovation of Competing Firms with Channel Leadership |
| Year |
2019 |
| Published |
|
| DOI |
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| Abstract |
In each stage of the supply chain system, the sustainable green innovation plays a critical role. Moreover, there may exist substitution effect between products, and the spillover effect of learning characteristics generated by sustainable green technology investment will enable other related companies to obtain certain profits. Therefore, the spillover effect and substitution effect of sustainable green technology investment will change the pricing decision, demand decision and the profits of the two competing companies. Based on the spillover effect characteristics of sustainable green technology innovation on the two competing companies, we build mathematical models and analyze the models with numerical results. The research results arc as follows: In a duopoly market, the Nash equilibrium profits of the two competing companies will decrease as the product's substitutability increases, and the Nash equilibrium profit of one company will change due to the change of the scale of the other's sustainable green technology innovation investment. Within a certain range, when the market has demand for green products, both competing companies have incentives to take corresponding investments and obtain profits, but there are also have risks. At the same time, a good sustainable green technology innovation investment market environment will increase corporate profits, but when it exceeds a certain threshold value, it will also reduce corporate profits. Moreover, companies in the status of followers have inherent disadvantages, so when the market environment and their own conditions are sufficient, they should make decisions in a timely manner. |
| Author Keywords |
sustainable green innovation; spillover effect; Stackelberg game; Nash game |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Conference Proceedings Citation Index - Science (CPCI-S) |
| EID |
WOS:000604466500138 |
| WoS Category |
Computer Science, Information Systems; Engineering, Electrical & Electronic |
| Research Area |
Computer Science; Engineering |
| PDF |
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