A Study on the Multi-party Evolutionary Game of Shared Manufacturing Industry from the Perspective of Government Subsidies

Shiwen Wang

Chapter 20 in Economic Management and Big Data Application:Proceedings of the 3rd International Conference, 2024, pp 223-235 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The 14th Five-Year Plan proposes to promote the healthy development of the platform economy and shared economy. In the system of shared manufacturing, manufacturing resources and capabilities can be intelligently sensed and connected to the IoT / shared manufacturing service platform system in real-time, and then managed by the IoT service platform in a unified manner. After virtualization and servitization, these manufacturing capabilities and resources are transformed into shared manufacturing services. With the support of government policies, the shared manufacturing industry is flourishing with IoT technology and information platform. To promote the high-quality transformation and upgrading of the manufacturing industry, we use evolutionary game theory and software simulation to analyze the impact of government subsidies on the shared manufacturing industry and find that appropriate government subsidy can stimulate the transformation of enterprises and promote the development of shared manufacturing models.

Keywords: Big Data; Information Management; Economic; Data Applications; Blockchain; E-commerce (search for similar items in EconPapers)
JEL-codes: C63 C8 O14 (search for similar items in EconPapers)
Date: 2024
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