关键词:

绿色产品研发, 供应链融资, 政府补贴, 社会福利

Abstract:

In this paper, the optimal decisions and profits of the supply chain under green credit financing and prepayment financing are analyzed respectively, in which the supplier has capital constraints and research and development (R&D) failure risk. On this basis, considering the subsidy of the government to the R&D cost of the supplier, the optimal subsidy and its impact on the choice of supply chain financing modes when the social welfare is maximized are explored. The results show that when the R&D cost of green products is high, more social welfare can be obtained under prepayment financing, but the supplier has no incentive to accept prepayment financing. After government subsidy, both the R&D effort of the supplier and the profit of the buyer increase, but the profit of the supplier first increases and then decreases. Therefore, the government should set the optimal subsidy and make the supply chain choose appropriate financing mode to maximize social welfare and capital utilization efficiency.

Key words:

green product research and development (R&D), supply chain financing, government subsidies, social welfare