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Li Fengxiang

Work place: School of economics & management, Shenyang Institute of Aeronautical Engineering, Shenyang, China

E-mail: ch_lifengxiang@126.com

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Game Analysis on Technology Innovation Purchase under Complete Information

By Zhang Guoliang Li Fengxiang

DOI: https://doi.org/10.5815/ijeme.2011.02.10, Pub. Date: 29 Aug. 2011

In the fierce market competition, technological innovation becomes a crucial element which effects the sustainable development of enterprises. That enterprises buy technology from the external could save limited resources, so more resources could be put into core business. The external purchase of innovative technology is essentially the results of the game between enterprise and innovative research institutions. The two players in the game analyze counterpart’s policy to choose the best strategy to achieve the greatest benefits.

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