Can Construction Enterprises Adopt Digital Transformation Behavior? A Dynamic Game Perspective

Long Li (), Ziwei Yi (), Tengteng Wang and Haiying Luan
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Long Li: Qingdao University of Technology
Ziwei Yi: Qingdao University of Technology
Tengteng Wang: Weifang Sanjian Constuction Group
Haiying Luan: Qingdao University of Technology

A chapter in Proceedings of the 27th International Symposium on Advancement of Construction Management and Real Estate, 2023, pp 1198-1213 from Springer

Abstract: Abstract Government and digital solution providers are important subjects involved in the digital transformation of construction enterprises. To explore the impact of government and digital solution providers on the digital transformation and development of construction enterprises, this study establishes a three-party evolutionary game model based on evolutionary game theory. At the same time, the system dynamics method is used to dynamically simulate the game process. The simulation results show that appropriate government subsidies and the establishment of a scientific and effective punishment mechanism can promote the digital transformation of construction enterprises. The impact of the collaborative income distribution coefficient on the strategic choice of construction enterprises and digital solution providers should be determined according to the actual situation, and the government only plays a regulatory role. Therefore, only by reasonably dividing the collaborative income distribution coefficient between the main bodies can we promote the digital transformation of construction enterprises to evolve into an ideal cooperation strategy.

Keywords: Digital transformation; Construction enterprises; Evolutionary game; System dynamics (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1007/978-981-99-3626-7_92

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