Co-innovation and Code of Value Appropriation

Ping Xu () and Yong-cheng Xu
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Ping Xu: Huaiyin Institute of Technology
Yong-cheng Xu: South China University of Technology

Chapter Chapter 94 in The 19th International Conference on Industrial Engineering and Engineering Management, 2013, pp 987-996 from Springer

Abstract: Abstract There would be a fair code to decide the value that had been created by assets such as technology. The code would encourage the owner of assets to innovate and to maximize the firm value. The game theory is introduced into the research of creating and distributing firm value and the game model based on the rule of distribution proportion between capital owner and the technology owner was set up. The total maximum value of the firm is counteracted by action of players’ maximizing self-value. A new code was given that the innovator captures the whole value caused by innovation to maximize the total maximum value of the firm.

Keywords: Co-innovation; Game; Technology; Value (search for similar items in EconPapers)
Date: 2013
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DOI: 10.1007/978-3-642-37270-4_94

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