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

Shuang Yao, Leke Wu and Donghua Yu ()
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Shuang Yao: College of Economics and Management, 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

Sustainability, 2023, vol. 15, issue 18, 1-18

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.

Keywords: power battery recycling; synergy innovation; innovation network; small-world effect; structural holes; evolutionary game (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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