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Evolution and equilibrium of a green technological innovation system: Simulation of a tripartite game model

Green technological innovation (GTI) is an important driving force to achieve high-quality development. In terms of system engineering, GTI is a process of multi-agent participation and dynamic evolution. To determine the evolution of a GTI system, an evolutionary game model composed of local govern...

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Main Authors:	Wang, Mingyue, Li, Yingming, Cheng, Zhixuan, Zhong, Chao, Ma, Wenjing
Format:	Article
Published:	Elsevier 2021
Subjects:	GE Environmental Sciences QH301 Biology T Technology (General)
Online Access:	http://eprints.um.edu.my/27909/
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spelling	my.um.eprints.279092022-04-08T04:50:45Z http://eprints.um.edu.my/27909/ Evolution and equilibrium of a green technological innovation system: Simulation of a tripartite game model Wang, Mingyue Li, Yingming Cheng, Zhixuan Zhong, Chao Ma, Wenjing GE Environmental Sciences QH301 Biology T Technology (General) Green technological innovation (GTI) is an important driving force to achieve high-quality development. In terms of system engineering, GTI is a process of multi-agent participation and dynamic evolution. To determine the evolution of a GTI system, an evolutionary game model composed of local governments, enterprises, and consumers is constructed. The evolutionary process and the influence of participants' strategy choices on the system equilibrium are then analyzed, and an experimental simulation is carried out using the system dynamics method. The findings are as follows. (1) Of all the possible equilibrium strategies of the GTI evolution game system, only three are stable: market regulation by local government, non-GTI by enterprises, and consumers purchasing traditional products; market regulation by local government, GTI by enterprises, and consumers purchasing traditional products; and market deregulation, GTI by enterprises, and consumers purchasing green products. (2) The brand benefits of enterprises' GTI and the economic income from consumers' green product consumption are the main factors that influence the evolution of the game system to different stable equilibrium strategies. (3) Under the equilibrium state (1,1,1), the impact of the GTI system is more significant if enterprises are encouraged to adopt a GTI strategy and consumers are encouraged to choose a green product strategy. (4) Subsidy coefficient, market regulation intensity, and brand benefits of GTI of enterprise are the main factors influencing enterprises to adopt a GTI strategy, and each factor has a significant difference on the direction and marginal influence of the main players' strategy choice. These findings provide a reference for further refinements to green development theory and for the construction of a market-oriented GTI system. (C) 2020 Elsevier Ltd. All rights reserved. Elsevier 2021-01-01 Article PeerReviewed Wang, Mingyue and Li, Yingming and Cheng, Zhixuan and Zhong, Chao and Ma, Wenjing (2021) Evolution and equilibrium of a green technological innovation system: Simulation of a tripartite game model. Journal of Cleaner Production, 278. ISSN 0959-6526, DOI https://doi.org/10.1016/j.jclepro.2020.123944 <https://doi.org/10.1016/j.jclepro.2020.123944>. 10.1016/j.jclepro.2020.123944
institution	Universiti Malaya
building	UM Library
collection	Institutional Repository
continent	Asia
country	Malaysia
content_provider	Universiti Malaya
content_source	UM Research Repository
url_provider	http://eprints.um.edu.my/
topic	GE Environmental Sciences QH301 Biology T Technology (General)
spellingShingle	GE Environmental Sciences QH301 Biology T Technology (General) Wang, Mingyue Li, Yingming Cheng, Zhixuan Zhong, Chao Ma, Wenjing Evolution and equilibrium of a green technological innovation system: Simulation of a tripartite game model
description	Green technological innovation (GTI) is an important driving force to achieve high-quality development. In terms of system engineering, GTI is a process of multi-agent participation and dynamic evolution. To determine the evolution of a GTI system, an evolutionary game model composed of local governments, enterprises, and consumers is constructed. The evolutionary process and the influence of participants' strategy choices on the system equilibrium are then analyzed, and an experimental simulation is carried out using the system dynamics method. The findings are as follows. (1) Of all the possible equilibrium strategies of the GTI evolution game system, only three are stable: market regulation by local government, non-GTI by enterprises, and consumers purchasing traditional products; market regulation by local government, GTI by enterprises, and consumers purchasing traditional products; and market deregulation, GTI by enterprises, and consumers purchasing green products. (2) The brand benefits of enterprises' GTI and the economic income from consumers' green product consumption are the main factors that influence the evolution of the game system to different stable equilibrium strategies. (3) Under the equilibrium state (1,1,1), the impact of the GTI system is more significant if enterprises are encouraged to adopt a GTI strategy and consumers are encouraged to choose a green product strategy. (4) Subsidy coefficient, market regulation intensity, and brand benefits of GTI of enterprise are the main factors influencing enterprises to adopt a GTI strategy, and each factor has a significant difference on the direction and marginal influence of the main players' strategy choice. These findings provide a reference for further refinements to green development theory and for the construction of a market-oriented GTI system. (C) 2020 Elsevier Ltd. All rights reserved.
format	Article
author	Wang, Mingyue Li, Yingming Cheng, Zhixuan Zhong, Chao Ma, Wenjing
author_facet	Wang, Mingyue Li, Yingming Cheng, Zhixuan Zhong, Chao Ma, Wenjing
author_sort	Wang, Mingyue
title	Evolution and equilibrium of a green technological innovation system: Simulation of a tripartite game model
title_short	Evolution and equilibrium of a green technological innovation system: Simulation of a tripartite game model
title_full	Evolution and equilibrium of a green technological innovation system: Simulation of a tripartite game model
title_fullStr	Evolution and equilibrium of a green technological innovation system: Simulation of a tripartite game model
title_full_unstemmed	Evolution and equilibrium of a green technological innovation system: Simulation of a tripartite game model
title_sort	evolution and equilibrium of a green technological innovation system: simulation of a tripartite game model
publisher	Elsevier
publishDate	2021
url	http://eprints.um.edu.my/27909/
_version_	1735409538250571776
score	13.211869

Evolution and equilibrium of a green technological innovation system: Simulation of a tripartite game model

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