Risk decision model of cooperative innovation based on the restraint of CvaR

摘要

Cooperative innovation is an important strategy for the development of the present companies. It has not been introduced into deep research on the problems of risk decision-making in companies. This paper suggests influencing factors of risk decision-making for cooperative innovation by analyzing the theories of this aspect, and analyzes the process of cooperative innovation and similarity of portfolio with essential hypothesis. According to the study of concept of CVaR conditional value-at-risk and the risk measuring methods, we present a risk decision-making model for cooperative innovation based on the restraint of CVaR, which introduces X as a random variable innovative input for company's cooperation and Y as a random variable representing market demanding input for company's cooperative innovation. Moreover, the model finally indicates problems of linear programming.