Optimization on Realization Time of Knowledge Demand in Innovation Networks

Based on the characteristics of knowledge demand in innovation networks, an optimization model to determine the optimal realization time of knowledge demand is presented. Important factors, such as knowledge absorption capacity, update rate of knowledge in the network, discount rate, the time of knowledge transfer, market share, product life cycle, etc. are taken into account in the model. A large number of simulated experiments are implemented to test the efficiency of the optimization model. Experimental results show that the model is in accordance with the actual economic situation. The optimal time to realize the knowledge demand is a useful decision support for enterprises.