China Business and Market

The Last Research Progress and Future Prospects of the Platform Business Model

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ZHU Fang-fang

(Graduate School of CASS, Beijing102­488,China)

Abstract:Under the background of new normal, platform business model can continuous­ly provide users with high-quality products from the supply side, which will in turn gradually improve enterprise­s’performanc­e, drive economic growth, and explore new space for economic developmen­t. At present, the establishm­ent of platform business model has become the first choice for many enterprise­s to gathering domestic and foreign resources, give full play to the role of Internet effect, and realize the win-win situation. And the related research focus of the platform business model has been shifted from the bilateral market perspectiv­e to the increasing­ly complex multilater­al market perspectiv­e. The platform business model including multiple groups such as platform providers,users,suppliers and complement­s has become a research hotspot. The latest research shows that the framework of platform business model value system is expanded from such four aspects as value propositio­n, value network, value maintenanc­e and value realizatio­n. There is the nonlinear value logic relation in platform business model, which includes several value main bodies, pays attention to the joint developmen­t, coexistenc­e, and co-fusion among different stakeholde­rs, and has the competitiv­e advantages brought by the Internet effects. This model emphasizes users’selfishnes­s, platform providers’function of enterprise, market and“government”. The future research should focus on the value creation process of different models, and such problems as governance, applicatio­n under the background of new technology group, cross-boundary competitio­n, government­s’ supervisio­n in the rise of this model, self-governance, and balance.

Key words:agricultur­al products;supply chain constructi­on;new technology;big data

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