Analysis on Behavior of Patentees in "Delay" of Technology Transaction: Based on Evolutionary Game

Abstract

The primary goal of this research is to discussed the behavior of the group of patentees in the problem of "delay" during the process of technology transaction. By considering bounded rationality of the patentees, a model of evolutionary game is founded to analyze the strategy choice of individual patentees, regarding the probability of infringement by purchasers as exogenous variable. Results from the model show that the postponement is mainly influenced by the original proportion of different choices in the group of patentees. This work also provides the policy makers with suggestion to avoid delay in technology transfer.