Evolutionary Game Analysis of Promoting Industrial Internet Platforms to Empower Manufacturing SMEs through Value Cocreation Cooperation

Abstract

A good partnership is conducive to promoting the empowerment of manufacturing small- and medium-sized enterprises (SMEs) via industrial Internet platforms. By analyzing the factors influencing the cooperation motives of both parties and individual behavior, this paper puts forward the design of a cost-sharing and scale revenue-sharing mechanism and establishes an evolutionary game model. Then, the evolutionary stability strategies (ESSs) of individuals and the evolutionary equilibrium state of the system are analyzed. The results show that the key factors affecting the strategic choices of industrial Internet platforms and manufacturing SMEs are different and will change with the number of platform customers and the level of digitalization of enterprises. By sharing the access cost of SMEs and the scale revenue of the platform, mutual trust between the two parties can be enhanced, and SMEs will be more motivated to access the platform. Moreover, the platform network externality, customer churn risk, and cost-sharing ratio have different influences on the process of reaching evolutionary equilibrium in the system. Collaborative revenue expectations are critical to the behavioral strategies of both parties. In comprehensive consideration of the results of this study, it is recommended that industrial Internet platforms be subsidized in the initial stage of cooperation.

Evolution dynamic of intelligent construction strategy of coal mine enterprises in China

“…The intelligent construction of coal mining enterprises is an important way to realize the high-quality development of the coal industry. Existing literatures ( Matloob, S. et al., 2021 ; Li et al., 2021 ) mainly focus on intelligent technical support for enterprises from the perspective of engineering technology, and most models are based on the assumption of infinite population. This ignores the following two points.…”

“…Aiming at the characteristics of mutual learning and adaptive adjustment of strategies among participants in groups, evolutionary game theory provides a reasonable analysis framework, which is widely used in environmental governance ( da Silva Rocha and Salomão, 2019 ), low-carbon supply chain ( Kang et al., 2019 ), energy security ( Liu et al., 2015 ; Wang et al., 2020 ). Among them, for the construction of enterprise intelligence, research scholars use the classic evolutionary game model, which mostly focuses on cloud manufacturing services ( Huo et al., 2021 ; Wang et al., 2020 ) supply chain collaborative innovation ( Lu et al., 2021 ; Litos et al., 2017 ), value co-creation ( Li et al., 2021 ), etc. However, there are still two practical characteristics in the behavior decision of intelligent construction in coal mining enterprises: on the one hand, the number of coal mining enterprises are limited, and the classical evolutionary game theory is based on the overall infinite adaptive strategy adjustment; On the other hand, the changeable geological environment such as rock burst, gas outburst and water permeability brings uncertainty to the intelligent construction of coal mine enterprises, while the classical evolutionary game theory does not consider the influence of uncertain environment on equilibrium.…”

Design of a Blockchain-Based Traceability System with a Privacy-Preserving Scheme of Zero-Knowledge Proof

“…With the traceability system based on smart contracts, the entire traceability process could be monitored by the public, enhancing the traceability compliance and openness of the process. e system designed in this paper can be used to promote the industrial Internet, help it achieve a broader range of joint production, and provide an essential basis for trust [54].…”

Regulatory Effect on Information Sharing of Industrial Internet Platforms Based on Three Differentiated Game Scenarios

“…The classical goodwill model proposed by Nerlove and Arrow suggests that the products of a company with a better goodwill bring it excess profits [58]. This theory also applies to the regulation of information sharing on industrial internet platforms [1]. The good reputation of an information-sharing and supervision system will attract more companies to join the platform and generate more revenue.…”

“…The industrial internet is a product of the deep integration of new-generation information technology and enterprises [1], and it was first proposed by General Electric [2]. The industrial internet can not only penetrate into all stages of the industrial chain, such as research, production, and trade, but can also facilitate the digital transformation of enterprises through the interconnection of data [3,4].…”