Research Article

[Retracted] Tripartite Evolutionary Game Analysis of Financial Support for Science-Tech Enterprises’ Innovation with Government Participation

Table 1

Parameter setting and explanations.

ParametersExplanations

Financial institutes’ investments to enterprises with high R&D intensity
Financial institutes’ investments to enterprises with low R&D intensity
R&D expense as % of financing for enterprises with high R&D intensity
R&D expense as % of financing for enterprises with low R&D intensity
Revenue per unit R&D expense for enterprises with high R&D intensity
Revenue per unit R&D expense for enterprises with low R&D intensity
Government subsidies to enterprises with high R&D intensity
Government subsidies to enterprises with low R&D intensity
Reputation multiplier by government subsidies
Administrative costs of government subsidies
Economic and social externality multiplier by innovation of enterprises with high R&D intensity
Economic and social externality multiplier by innovation of enterprises with low R&D intensity
Equity investment earnings as % of revenue
Debt investment yield with government subsidies
Debt investment yield without government subsidies
Probability of enterprises adopting high R&D intensity strategy
Probability of government adopting subsidy policy
Probability of equity investment from financial institutes