TY - JOUR
T1 - An Evolution Model of Fintech Supports Technology-Based SMEs Innovation and Growth
AU - Zhuang, Lei
AU - Zhou, Han
AU - Chen, Tingqiang
N1 - Publisher Copyright:
© 2022 Lei Zhuang et al.
PY - 2022
Y1 - 2022
N2 - The survival and growth of technology-based small and medium-sized enterprises are faced with a complex and changeable market environment. Introducing the role of fintech, the paper builds an evolutionary model for growth of technology-based SMEs and analyzes fintech incentive mechanisms to guide corporate growth strategies based on some cases by the simulation. The research results show that the evolutionary game strategy that SMEs are willing to adopt is {cooperation, cooperation}. And, under the incentive mechanism of fintech, the evolutionary game strategy adopted by SMEs and fintech institutions is {cooperation, cooperation, participation}. In the growth of fintech institutions serving technology-based SMEs, the selection strategy of SMEs is more sensitive to changes in fintech institutions' willingness to participate in cooperation, cooperation costs, and cooperation benefits. The selection strategy of fintech institutions is more affected by changes in cooperation costs and incentive funds during the process of participating in cooperation.
AB - The survival and growth of technology-based small and medium-sized enterprises are faced with a complex and changeable market environment. Introducing the role of fintech, the paper builds an evolutionary model for growth of technology-based SMEs and analyzes fintech incentive mechanisms to guide corporate growth strategies based on some cases by the simulation. The research results show that the evolutionary game strategy that SMEs are willing to adopt is {cooperation, cooperation}. And, under the incentive mechanism of fintech, the evolutionary game strategy adopted by SMEs and fintech institutions is {cooperation, cooperation, participation}. In the growth of fintech institutions serving technology-based SMEs, the selection strategy of SMEs is more sensitive to changes in fintech institutions' willingness to participate in cooperation, cooperation costs, and cooperation benefits. The selection strategy of fintech institutions is more affected by changes in cooperation costs and incentive funds during the process of participating in cooperation.
UR - http://www.scopus.com/inward/record.url?scp=85129984771&partnerID=8YFLogxK
U2 - 10.1155/2022/6867404
DO - 10.1155/2022/6867404
M3 - 文章
AN - SCOPUS:85129984771
SN - 1026-0226
VL - 2022
JO - Discrete Dynamics in Nature and Society
JF - Discrete Dynamics in Nature and Society
M1 - 6867404
ER -