Research on the Coordination Mechanism of Value Cocreation of Innovation Ecosystems: Evidence from a Chinese Artificial Intelligence Enterprise
Author(s) -
Yu Chen,
Yantai Chen,
Yanlin Guo,
Yanfei Xu
Publication year - 2021
Publication title -
complexity
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.447
H-Index - 61
eISSN - 1099-0526
pISSN - 1076-2787
DOI - 10.1155/2021/7629168
Subject(s) - mechanism (biology) , knowledge management , value (mathematics) , business , computer science , artificial intelligence , ecosystem , ecology , machine learning , biology , epistemology , philosophy
(is paper models the game process of the value cocreation of enterprises based on evolutionary game theory (EGT). (e factors influencing value cocreation are found throughmathematical analysis. Taking iFLYTEK as an example, a representative enterprise of artificial intelligence (AI) in China, six factors affecting value cocreation are verified, which are the excess return rate, the distribution coefficient of the excess return rate, coordination costs in the system, the cost-sharing coefficient, imitation costs, and penalties. (ese six factors have a profound impact on value cocreation in the ecosystem.(rough the case study of iFLYTEK, it is concluded that innovation ecosystems can enable smalland medium-sized AI enterprises to grow. In order to build a sound ecosystem, we need to establish a mechanism to select partners, reduce the costs of cooperation, and strengthen the protection of intellectual property. At the beginning of the cooperation, it is necessary to establish a mechanism with clear responsibilities, rights, and interests. (e conclusion is of great significance to the development of AI enterprises.
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