Game Theory and Innovation Analysis
Game theory is a mathematical approach to the modeling of strategic interaction among independent agents that recently become one of the most powerful analytical tools in economics, especially in microeconomics and industrial organization. In particular, game theory, among other applications, offers a way to formulate predictions, delivers prescriptions and recommendations for decision makers, and helps to develop and implement efficient strategies.
The Levels of Game-Theoretic Analysis of Innovation
Intraorganizational game, which is played within a firm; in this game, main players are an innovator (idea generator, project initiator or implementer, etc.), a project manager, and/or resource administrator.
Interorganizational game, where the main players are a firm, its...
- Baniak A, Dubina I. Innovation analysis and game theory: A review. Innovation: Management, Policy & Practice. 2012;14(2):178–191.Google Scholar