Incentive Mechanism of Innovation Failure Knowledge Sharing of Virtual Research Organization
Xiong Zhuang, Wang Pengju
Journal of Digital Information Management, Vol. 19, No. 4, 2021.
DOI: https://doi.org/10.6025/jdim/2021/19/4/125-134
Link: https://www.dline.info/fpaper/jdim/v19i4/jdimv19i4_2.pdf
Abstract:
Innovation failure knowledge sharing plays an essential role in reducing the probability of repeated failure of subsequent innovation and improving the innovation ability of virtual research organizations. However, it is challenging for members to share innovation failure knowledge without incentives actively. This study aims to establish the incentive mechanism of innovation failure knowledge sharing and promote the sharing behavior of innovation failure knowledge in a virtual research organization. 

Design/methodology/approach: By using game theory, considering the risk aversion degree of organization members and the negative effect of innovation faulttolerance environment, the incentive model of innovation failure knowledge sharing of virtual research organization was constructed, and the incentive relationship of innovation failure knowledge sharing between the organization and its members under the influence of different states was analyzed. 

Findings: Without considering the negative effect of innovation fault-tolerant environment, the optimal incentive coefficient of innovation failure knowledge sharing is positively related to the sharing rate of innovation failure knowledge and the transformation ability of innovation failure knowledge of organization members, and negatively associated with the sharing cost and risk aversion degree of organization members. Considering the negative effect of an innovation fault-tolerant environment, the virtual research organization should make a corresponding modification of sharing incentive intensity according to the estimation of the tolerance degree to an innovation fault-tolerant environment by itself and its members to reduce the knowledge input of the organization. 

Originality/Value: This study proposes an incentive mechanism of innovation failure knowledge sharing, considering the negative effect of innovation fault-tolerant environment, which provides a novel idea and methods for the design of incentive mechanism of innovation failure knowledge sharing in a virtual research organization.