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

Benhong Peng (Binjiang College, Nanjing University of Information Engineering, Wuxi, China) (School of Management Science and Engineering, Nanjing University of Information Science and Technology, Nanjing, China)
Yuanyuan Wang (School of Management Science and Engineering, Nanjing University of Information Science and Technology, Nanjing, China)
Sardar Zahid (Department of Management Sciences, COMSATS University Islamabad, Islamabad, Pakistan)
Guo Wei (Department of Mathematics & Computer Science, University of North Carolina at Pembroke, Pembroke, North Carolina, USA)
Ehsan Elahi (School of Business, Nanjing University of Information Science and Technology, Nanjing, China)

Industrial Management & Data Systems

ISSN: 0263-5577

Article publication date: 15 January 2020

Issue publication date: 1 April 2020

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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.

Keywords

Acknowledgements

The authors are grateful to the case company for permitting and supporting this research. This work was financially supported by the National Natural Science Foundation of China (Nos 71263040 and 71563030), Ministry of Education Humanities and Social Sciences Project (18YJA630084) , Key Project of National Social and Scientific Fund Program (18ZDA052), Project of National Social and Scientific Fund Program (17BGL142), The Natural Science Foundation of China (91546117) and the Postgraduate Research & Practice Innovation Program of Jiangsu Province (No. SJKY19_0984).

Citation

Peng, B., Wang, Y., Zahid, S., Wei, G. and Elahi, E. (2020), "Platform ecological circle for cold chain logistics enterprises: the value co-creation analysis", Industrial Management & Data Systems, Vol. 120 No. 4, pp. 675-691. https://doi.org/10.1108/IMDS-10-2019-0531

Publisher

:

Emerald Publishing Limited

Copyright © 2020, Emerald Publishing Limited

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