Author(s)

Xinru Ji ¹, Jianing Dong ¹, Wei Ma ¹, Hao Cui ¹

Affiliation(s)

¹ Economics School Jilin University, Jilin, China

Corresponding Author

Wei Ma

ABSTRACT

The investment choice of government policy and financial institutions will determine the decision-making of enterprises, and the decision-making of enterprises will in turn affect government policies. In this article, we explore and simulate in detail the complex game processes between businesses, governments, and financial institutions. By building a detailed simulation model, we aim to reveal the interactions and impacts between the three at multiple levels, such as economic development, policy making, and financial integration. This simulation not only helps us better understand our respective roles and decision-making mechanisms, but also provides us with a powerful tool for analyzing and predicting changes in economic dynamics. Finally, it is concluded that the number of enterprises that carry out green technology innovation under the government's incentive will eventually reach an equilibrium state in the market with the number of enterprises that do not carry out green technology innovation, and the government regulation will only affect the market for a short time.

KEYWORDS

Green innovation, Government intervention, Game theory

CITE THIS PAPER

Xinru Ji, Jianing Dong, Wei Ma, Hao Cui, Game analysis of green technology innovation by financial institutions, governments and enterprises. Industrial Engineering and Innovation Management (2024) Vol. 7: 155-163. DOI: http://dx.doi.org/10.23977/ieim.2024.070221.

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