Proceedings of the 2017 2nd International Seminar on Education Innovation and Economic Management (SEIEM 2017)

Research on the Tripartite Cooperation of the Venture Capital Institutions, Business Incubators and Start-Ups and Ethical Risk from the Perspective of Game Theory

Authors
Lin Liu
Corresponding Author
Lin Liu
Available Online December 2017.
DOI
https://doi.org/10.2991/seiem-17.2018.104How to use a DOI?
Keywords
game theory, business incubator, venture capital, ethical risk
Abstract
From the perspective of the game theory, this paper analyzes the relationship among the venture capital institutions, business incubators and start-ups. The author establishes a tripartite game model, obtains the game equilibrium solution and puts forward optimal choice behavior for three parties. Due to the information asymmetry, it will generate the problem about ethical risk in tripartite cooperation. This paper analyzes this problem and its cause. Meanwhile, the author puts forward corresponding countermeasures and suggestions to solve out this problem, which can promote the grown of start-ups, keep the business incubators running smoothly and make the venture capital institutions maximize their benefits.
Open Access
This is an open access article distributed under the CC BY-NC license.

Download article (PDF)

Cite this article

TY  - CONF
AU  - Lin Liu
PY  - 2017/12
DA  - 2017/12
TI  - Research on the Tripartite Cooperation of the Venture Capital Institutions, Business Incubators and Start-Ups and Ethical Risk from the Perspective of Game Theory
BT  - 2017 2nd International Seminar on Education Innovation and Economic Management (SEIEM 2017)
PB  - Atlantis Press
UR  - https://doi.org/10.2991/seiem-17.2018.104
DO  - https://doi.org/10.2991/seiem-17.2018.104
ID  - Liu2017/12
ER  -