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    Research on technological innovation decision-making considering government subsidies and corporate reputation. by Yu Kang, Zhe Huang

    Published 2025-01-01
    “…Aiming at the information asymmetry between pharmaceutical enterprises' technological innovation decisions and government subsidy strategy, this paper establishes a differential game model consisting of the government and a single pharmaceutical company, proposes three different government subsidy strategies, and obtains an equilibrium solution with the help of the Hamilton-Jacobi-Bellman equation, taking into consideration of the transmission effect of the enterprise's reputation. …”
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