Research on the Niche Evolution Game of Ecological Community Innovation of Corporate Venture Capital Based on Logistic Extended Complexity Model
With the gestation and development of new technologies, new products, new formats, and new models, venture capital investment, as one of the most important forms of open innovation in large companies, plays an increasingly important role in the innovation of mature large companies and entrepreneuria...
Saved in:
| Main Authors: | , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Wiley
2020-01-01
|
| Series: | Complexity |
| Online Access: | http://dx.doi.org/10.1155/2020/6327218 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1849304708282318848 |
|---|---|
| author | Fanglin Meng Zengrui Tian Beiquan Chang Hongxin Yu Shuai Zhang |
| author_facet | Fanglin Meng Zengrui Tian Beiquan Chang Hongxin Yu Shuai Zhang |
| author_sort | Fanglin Meng |
| collection | DOAJ |
| description | With the gestation and development of new technologies, new products, new formats, and new models, venture capital investment, as one of the most important forms of open innovation in large companies, plays an increasingly important role in the innovation of mature large companies and entrepreneurial enterprises. To deal with the complex and dynamic environment, the niche of Corporate Venture Capital (CVC) ecological community is investigated from the perspective of the innovation ecosystem. By analyzing the innovation of CVC ecological community with the use of the logistic expansion model, this paper analyzes the stability of evolution game through the replicator dynamic equation and discusses ten parameters of niche state. In the end, we conclude that there are four optimization strategies in the coevolution of major corporations and entrepreneurial firms, namely, niche separation, niche expansion, niche K-R, and niche alliance. |
| format | Article |
| id | doaj-art-3aaa98c6a2624c8a9331a76cfc3b16b2 |
| institution | Kabale University |
| issn | 1076-2787 1099-0526 |
| language | English |
| publishDate | 2020-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Complexity |
| spelling | doaj-art-3aaa98c6a2624c8a9331a76cfc3b16b22025-08-20T03:55:40ZengWileyComplexity1076-27871099-05262020-01-01202010.1155/2020/63272186327218Research on the Niche Evolution Game of Ecological Community Innovation of Corporate Venture Capital Based on Logistic Extended Complexity ModelFanglin Meng0Zengrui Tian1Beiquan Chang2Hongxin Yu3Shuai Zhang4Business School, Sanda University, Shanghai 201209, ChinaGlorious Sun School of Business and Management, Donghua University, Shanghai 200051, ChinaSchool of Public Policy & Management, Tsinghua University, Beijing 100084, ChinaBusiness Economics College, Shanghai Business School, Shanghai 200235, ChinaUniversity of Greenwich, London SE10 9LS, UKWith the gestation and development of new technologies, new products, new formats, and new models, venture capital investment, as one of the most important forms of open innovation in large companies, plays an increasingly important role in the innovation of mature large companies and entrepreneurial enterprises. To deal with the complex and dynamic environment, the niche of Corporate Venture Capital (CVC) ecological community is investigated from the perspective of the innovation ecosystem. By analyzing the innovation of CVC ecological community with the use of the logistic expansion model, this paper analyzes the stability of evolution game through the replicator dynamic equation and discusses ten parameters of niche state. In the end, we conclude that there are four optimization strategies in the coevolution of major corporations and entrepreneurial firms, namely, niche separation, niche expansion, niche K-R, and niche alliance.http://dx.doi.org/10.1155/2020/6327218 |
| spellingShingle | Fanglin Meng Zengrui Tian Beiquan Chang Hongxin Yu Shuai Zhang Research on the Niche Evolution Game of Ecological Community Innovation of Corporate Venture Capital Based on Logistic Extended Complexity Model Complexity |
| title | Research on the Niche Evolution Game of Ecological Community Innovation of Corporate Venture Capital Based on Logistic Extended Complexity Model |
| title_full | Research on the Niche Evolution Game of Ecological Community Innovation of Corporate Venture Capital Based on Logistic Extended Complexity Model |
| title_fullStr | Research on the Niche Evolution Game of Ecological Community Innovation of Corporate Venture Capital Based on Logistic Extended Complexity Model |
| title_full_unstemmed | Research on the Niche Evolution Game of Ecological Community Innovation of Corporate Venture Capital Based on Logistic Extended Complexity Model |
| title_short | Research on the Niche Evolution Game of Ecological Community Innovation of Corporate Venture Capital Based on Logistic Extended Complexity Model |
| title_sort | research on the niche evolution game of ecological community innovation of corporate venture capital based on logistic extended complexity model |
| url | http://dx.doi.org/10.1155/2020/6327218 |
| work_keys_str_mv | AT fanglinmeng researchonthenicheevolutiongameofecologicalcommunityinnovationofcorporateventurecapitalbasedonlogisticextendedcomplexitymodel AT zengruitian researchonthenicheevolutiongameofecologicalcommunityinnovationofcorporateventurecapitalbasedonlogisticextendedcomplexitymodel AT beiquanchang researchonthenicheevolutiongameofecologicalcommunityinnovationofcorporateventurecapitalbasedonlogisticextendedcomplexitymodel AT hongxinyu researchonthenicheevolutiongameofecologicalcommunityinnovationofcorporateventurecapitalbasedonlogisticextendedcomplexitymodel AT shuaizhang researchonthenicheevolutiongameofecologicalcommunityinnovationofcorporateventurecapitalbasedonlogisticextendedcomplexitymodel |