Title :
Value distribution in industry-university networks based on the equilibrium between the common and private benefits
Author :
Tang, Yong-Li ; Zhao, Ya-Ping ; Hu, Xin-Yue
Author_Institution :
Sch. of Manage., Jinan Univ., Guangzhou, China
Abstract :
A value distribution approach for industry-university network based on the equilibrium between the private and common benefits is studied. A dynamic value distribution process model is established in which the common and private benefits are distributed among the network members iteratively at the end of each cooperative stage. A value distribution model incorporating the equilibrium degree is formulated on the basis of cooperative game theory. A solution procedure based on GQP (Game Quadratic Programming) is also put forward. The proposed approach can achieve rational value distribution and the equilibrium between the common and private benefits of the partners simultaneously, ensuring the stability and efficiency of the industry-university network.
Keywords :
educational institutions; game theory; iterative methods; organisational aspects; quadratic programming; value engineering; common benefit; cooperative game theory; cooperative stage; dynamic value distribution process model; game quadratic programming; industry-university network; private benefit; Educational institutions; Games; Cooperative Game; Equilibrium; Industry-University Network; Value Distribution;
Conference_Titel :
Industrial Engineering and Engineering Management (IE&EM), 2010 IEEE 17Th International Conference on
Conference_Location :
Xiamen
Print_ISBN :
978-1-4244-6483-8
DOI :
10.1109/ICIEEM.2010.5645935