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Evolutionary game study on multi-agent value co-creation of service-oriented digital transformation in the construction industry

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  • Shiming Wang
  • Hui Su
  • Qiang Hou

Abstract

The service-oriented digital transformation of the construction industry is a development trend of cross-border industrial integration and transformation and upgrading in the digital economy environment, and collaborative value creation among stakeholders is seen as a strategic imperative to promote this process. This study aims to achieve efficient collaborative value co-creation and accelerate the digital transformation process of the construction industry by exploring the collaborative strategies and evolution laws of value co-creators in the digital service ecosystem of the construction industry. Based on evolutionary game theory and methods, this paper analyzes the evolutionary stability strategies and conditions of each participant in the service-oriented value chain at different stages of the digital transformation of the construction industry. It is found that with the improvement of the level of digitalization, the degree of cooperation among game players continues to increase until a stable state of full cooperation is achieved. The initial willingness of the game players to cooperate accelerates the speed of the system’s evolution to the stable state of full cooperation in the middle stage of digital transformation. Additionally, the improvement of the construction process digitalization level can subvert the evolution result of full non-coordination caused by a low initial willingness to cooperate. The research conclusions and corresponding countermeasures and suggestions can provide a strategic reference for the service-oriented digital transformation of the construction industry.

Suggested Citation

  • Shiming Wang & Hui Su & Qiang Hou, 2023. "Evolutionary game study on multi-agent value co-creation of service-oriented digital transformation in the construction industry," PLOS ONE, Public Library of Science, vol. 18(5), pages 1-23, May.
    • Handle: RePEc:plo:pone00:0285697
    DOI: 10.1371/journal.pone.0285697
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    References listed on IDEAS

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    1. Carlos Galera-Zarco & José Antonio Campos, 2021. "Exploring Servitization in Industrial Construction: A Sustainable Approach," Sustainability, MDPI, vol. 13(14), pages 1-19, July.
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    3. Nambisan, Satish & Wright, Mike & Feldman, Maryann, 2019. "The digital transformation of innovation and entrepreneurship: Progress, challenges and key themes," Research Policy, Elsevier, vol. 48(8), pages 1-1.
    4. Beltagui, Ahmad & Rosli, Ainurul & Candi, Marina, 2020. "Exaptation in a digital innovation ecosystem: The disruptive impacts of 3D printing," Research Policy, Elsevier, vol. 49(1).
    5. Kolagar, Milad & Parida, Vinit & Sjödin, David, 2022. "Ecosystem transformation for digital servitization: A systematic review, integrative framework, and future research agenda," Journal of Business Research, Elsevier, vol. 146(C), pages 176-200.
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    Cited by:

    1. Gong Zhang & Shulei Bi, 2024. "Evolutionary game analysis of online game studios and online game companies participating in the virtual economy of online games," PLOS ONE, Public Library of Science, vol. 19(1), pages 1-24, January.

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