Analysis of Industrial Internet Firm Size Based on Transaction Efficiency
Author: 
Li WangAuthors Info & Claims
Pages 103 - 109
Abstract
The Industrial Internet is booming and playing an important role in industry. This paper focuses on the Industrial Internet firm size, and takes transaction efficiency as the dynamic of the firm size's changing. Through building a decision model of the firm size involved organization cost and solving the optimization problem, this paper reveals the relationship between the optimal firm size and transaction efficiency. The results show that with the increase of transaction efficiency, the Industrial Internet firms gradually improve the level of specialized production. Firms will decrease the kinds of industrial services they produce and increase the kinds of industrial services they purchase. When the sales volumes of the product and industrial services are less than the upper bound, firms expand the size. When the sales volumes of the product and industrial services are equal to the upper bound, firms reduce the size.
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Index Terms
- Analysis of Industrial Internet Firm Size Based on Transaction Efficiency
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Published In
October 2019
246 pages
ISBN:9781450376402
DOI:10.1145/3371238
Copyright © 2019 ACM.
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Association for Computing Machinery
New York, NY, United States
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Published: 18 October 2019
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- Refereed limited
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ICCSE'19
ICCSE'19: The 4th International Conference on Crowd Science and Engineering
October 18 - 21, 2019
Jinan, China
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ICCSE'19 Paper Acceptance Rate 35 of 92 submissions, 38%;
Overall Acceptance Rate 92 of 247 submissions, 37%
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