Sustainable Value-Sharing Mechanisms of the Industrial Internet of Things Platforms: A Case Study of Haier’s Service-Oriented Transformation

  • Xiaojie Shi
  • , Yufeng Zhang
  • , Zhuquan Wang*
  • *Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

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Abstract

Ensuring fairness and equity in value distribution is crucial for the sustainability of platform ecosystems. However, existing approaches to distributing benefits among cooperative entities often find it difficult to accurately assess each stakeholder’s contributions. This paper tackles this challenge through a case study of the Haier COSMOPlat IIoT platform. By analyzing its value creation and value distribution processes, the research uncovers how platform enterprises can overcome existing limitations by quantifying and revealing intangible customer relationships alongside financial metrics. This revised value-sharing mechanism encourages a shift from “post-event value-sharing” to “mid-event adjustment”, promoting a fair and equitable profit distribution framework that motivates stakeholders toward sustainable value co-creation.
Original languageEnglish
Article number4814
JournalSustainability
Volume16
Issue number11
DOIs
Publication statusPublished - 5 Jun 2024

Keywords

  • value-sharing mechanism
  • platform ecosystems
  • service-oriented transformation
  • win–win value-added table

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