Government Subsidy Policies for Industrial Internet Adoption: A Tripartite Evolutionary Game Analysis

ABSTRACT Understanding interactions between government, platforms, and enterprises is key to developing the industrial internet ecosystem. This study constructs a tripartite evolutionary game model to analyze stakeholder interactions. We examine the equilibrium strategies of stakeholders and the asymptotic stabilities of equilibrium points through theoretical and simulation analyses. The results show that increasing the subsidy coefficient, transaction fee rates for high‐level services, and compensation for mismatches incentivize platforms to offer high‐level services. Enterprises are motivated to participate in platforms by raising joining profits and lowering transaction fees. For the government, adjusting the subsidy coefficient promotes industrial internet adoption while avoiding excessive subsidies.

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Publication Details

Journal
Managerial and Decision Economics
Published
2024-11-28
DOI
https://doi.org/10.1002/mde.4440
Citations
4
Primary Topic
Digital Platforms and Economics
Type
article
Field-Weighted Citation Impact
2.22

Funders

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article

Government Subsidy Policies for Industrial Internet Adoption: A Tripartite Evolutionary Game Analysis

Xiaoshuai Peng, Shiyi Wang, Cui Zhao
4 citations
Managerial and Decision Economics
Digital Platforms and Economics
2.22
article

Government Subsidy Policies for Industrial Internet Adoption: A Tripartite Evolutionary Game Analysis

Xiaoshuai Peng, Shiyi Wang, Cui Zhao
article en
4 citations

Abstract

ABSTRACT Understanding interactions between government, platforms, and enterprises is key to developing the industrial internet ecosystem. This study constructs a tripartite evolutionary game model to analyze stakeholder interactions. We examine the equilibrium strategies of stakeholders and the asymptotic stabilities of equilibrium points through theoretical and simulation analyses. The results show that increasing the subsidy coefficient, transaction fee rates for high‐level services, and compensation for mismatches incentivize platforms to offer high‐level services. Enterprises are motivated to participate in platforms by raising joining profits and lowering transaction fees. For the government, adjusting the subsidy coefficient promotes industrial internet adoption while avoiding excessive subsidies.

Managerial and Decision EconomicsVol. 46(2)
Beijing Jiaotong University (CN), Lanzhou University (CN)
National Natural Science Foundation of China
Openalex Percentile: Top 9%
Digital Platforms and Economics
2.22
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