Platform ecological circle for cold chain logistics enterprises: the value co-creation analysis

Abstract

Purpose The purpose of this paper is to propose a framework of value co-creation in platform ecological circle for cold chain logistics enterprises to guide the transformation and development of cold chain logistics industry. Design/methodology/approach This paper establishes a conceptual framework for the research on the platform ecological circle in cold chain logistics, utilizes a structural equation model to investigate the influencing factors of the value co-creation of the platform ecological circle in the cold chain logistics enterprises and elaborates the internal relations between different influencing factors regarding the value co-creation and enterprises’ performance. Findings Results show that resource sharing in logistics platform ecological circle can stimulate the interaction among enterprises and this produces a positive influence on their dynamic capabilities, which, in turn, affects the they to work together to plan, implement and solve problems, so as to achieve the goal of improving enterprise performance. Practical implications The shared resources and value co-creation activities in the platform ecological circle are very important for the transformation and development of cold chain logistics enterprises. Therefore, enterprises should promote value co-creation through realizing resource sharing and creating a win-win cooperation mechanism. Originality/value This paper targets at incorporating the resource sharing in platform ecological circle for cold chain logistics enterprises, explores from an empirical perspective the role of the resource sharing in cold chain logistics enterprises in enhancing the dynamic capabilities of enterprises, thereby encouraging the value co-creation behavior, and ultimately boosts enterprise performance and stimulates business development.

Integration quality, value co-creation and resilience in logistics service supply chains: moderating role of digital technology

“…DTs, such as blockchain, big data, and cloud computing, promotes innovation (Mathauer and Hofmann, 2019), thereby enabling logistics companies to achieve higher efficiency and responsiveness (Gunasekaran et al , 2017). Currently, studies about DTs focus on agriculture (Elahi et al , 2019b, 2020), livestock (Elahi et al , 2019a) and the environment (Peng et al , 2020; Zhao et al , 2020); however, there are no studies about LSSC that have introduced DT as a moderating role.…”

The Value Cocreation Influence Mechanism of Network Freight Transport Platform in IoT‐Based Environments: Under the Service‐Dominant Logic

“…For customers, being actively involved in value cocreation makes them more satisfied than those who are not, encourages them to be more innovative, and increases their motivation and willingness to take risks [17]. On the other hand, enterprises have gradually realized that only by guiding the active participation of customers can they timely understand the needs of customers and better realize the "customization" of customer needs [3,18]. Due to the influence of customer satisfaction and loyalty, customer participation in value cocreation is crucial to help enterprises gain competitive advantages.…”

“…SDL also states that value is created through institutions created by resource integrators (all economic and social actors) and cocreated under institutional arrangements [17,23]. Under the guidance of the SDL concept, platform enterprises more clearly realize that it is difficult to achieve value creation only by relying on their own ability and it requires the joint participation of customers, channel partners, employees, suppliers, and other stakeholders [3]. Through distributors or staff for the feedback of the customer requirements and delivery, the enterprise through the network platform integrates the resources of the upstream suppliers and develops and provides products and services, through the downstream distributors, to meet the needs of the customer; at the same time, the enterprise and stakeholders to achieve the win-win situation do common realization of value creation [29].…”

“…It is a trend to use information technology and the Internet to transform the traditional transport industry. Network freight transport is developed on the basis of the vehicle and cargo matching platform developed by using the Internet technology [3]. Through the Internet platform and digital technology reference, with the intervention of big data, the whole network freight transport is interconnected and interoperated and the industry is upgraded with the help of the smart logistics model.…”

A Tripartite Evolutionary Game Analysis of Enterprises’ Behaviour in the Platform Ecosystem

“…Various studies have highlighted the significance of governance in the platform ecosystem, but have failed to adequately consider the ecosystem participants' behaviour [38,39]. In the platform ecosystem, complementors are not constrained by platform organization [35,40]. erefore, due to the lack of contracts or hierarchical relationships, it is difficult for platform organizations to control their internal entities [37].…”