System Dynamics Modeling of Innovation Ecosystem With Two Cases of Space Instruments

Abstract

This article develops a system dynamics model for innovation ecosystems in the high-tech industry. The model emphasizes the interactions between high-tech enterprises, the government, and universities in the innovation process. In particular, we use two high-tech instruments, the Mars Rock Corer and the Soil Preparation System, in the aerospace innovations developed by Hong Kong Polytechnic University. These instruments are a byproduct of collaborations with the European Space Agency, Russian Space Agency, and China Space Agency. They span decades of space missions to the moon and Mars. Furthermore, we propose a three parities systems dynamics model to study innovation behaviors. This model can be used to study and analyze the stakeholders’ interactions in high-technology-oriented innovation ecosystems. Theoretical, computational, and simulation studies are also conducted to understand and evaluate the evolution of the ecosystem. The results demonstrate the feasibility and effectiveness of this approach, which can be applied in on a large scale and in complex space projects.

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