Research On The Incentive Mechanism Of Knowledge Sharing In Supply Chain Considering Moral Hazard

With the industrial economy transferring to the knowledge economy, knowledge as asignificant resource is changing the strategy and method of supply chain management,and become a management factor after logistics, information flow and cash flowgradually. Implementing knowledge management is an efficient measure to improve theoperation of supply chain, and knowledge sharing is the important link in knowledgemanagement and the key to improve learning and innovation ability. Incentive mechanismof knowledge sharing among enterprises can inspire the member enterprises to shareheterogeneous and complementary knowledge resources effectively. It is very importantto promote the efficiency of knowledge sharing, strengthen the knowledge innovationability and improve the overall competitiveness of supply chain.Firstly, the theory of principal-agent, the incentive mechanism and the monitormechanism about knowledge sharing among enterprises in supply chain are analyzed inthis paper. Then according to the possible moral risk in knowledge sharing, the basicincentive model and the incentive model considering monitoring signal of knowledgesharing in supply chain are constructed between core enterprises and member enterprises.The effort level of knowledge sharing, and the change of income in the two models iscompared, and corresponding conclusions are drawn. The introduction of monitoringsignal on increasing the rationality of incentive mechanism among enterprises andlowering the moral risk in the process of member enterprises knowledge sharing areshowed.Secondly, according to knowledge sharing can last for many times under theenvironment of supply chain, the behavior of two-stage dynamic game in knowledgesharing are introduced. Based on the dynamic process, the ratchet effect phenomenonmay appear. The dynamic principal-agent incentive model of two-stage is constructedunder the asymmetry information, the ratchet effect on how to weaken the incentivemechanism of knowledge sharing is analyzed quantitatively. At the same time,suggestions and measures to solve the ratchet effect and improve the efficiency ofdynamic incentive are explored.Finally, the effective incentives about knowledge sharing in supply chain should bethe combination of explicit incentive and implicit incentives are put forward in this paper.Both explicit incentive and implicit incentives are considered in the incentive contracts. This can improve the level of each stage in member enterprises incentive from differentpoints of view, and prompt the greater efforts in knowledge sharing, and make the incomeachieve optimal in supply chain.