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Chinese Journal of Management Science ›› 2023, Vol. 31 ›› Issue (2): 182-194.doi: 10.16381/j.cnki.issn1003-207x.2021.0256

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Is the Subcontractors’ Altruism really Beneficial to Public Goods Technological Innovation under Dual Dependence?

WU Bai-yu, ZHONG Wei-jun, MEI Shu-e   

  1. School of Economics and Management, Southeast University, Nanjing 211189, China
  • Received:2021-02-04 Revised:2021-05-11 Online:2023-02-20 Published:2023-02-28
  • Contact: 仲伟俊 E-mail:zhongweijun@seu.edu.cn

Abstract: Entrusted enterprises joint research is an important way to obtain technological innovation of public goods under the new type of national system with concentrated efforts and resources for important events or projects. While most traditional studies didn’t consider subcontractors’ characteristics and the relationships among them, resulting in inconsistency between conclusions and reality. Therefore, a two-agent model considering altruistic preferences under the technological and stochastic dependencies in conjunction with the size of subcontractors’ contributions, is constructed to explore the impact of subcontractors’ altruistic preferences on the optimal contract type and expected returns in the public sector.

Key words: public goods technological innovation; joint research and development; altruism; technological dependence; contract type; stochastic dependence

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