全部 标题 作者
关键词 摘要

OALib Journal期刊
ISSN: 2333-9721
费用:99美元

查看量下载量

Digital Transformation of Professional Markets in Zhejiang Province: Practice and Exploration of Internet Empowerment and Ecosystem Reshaping

DOI: 10.4236/oalib.1113203, PP. 1-11

Subject Areas: Big Data Search and Mining

Keywords: Zhejiang Professional Markets, Digital Transformation, Data-Driven

Full-Text   Cite this paper   Add to My Lib

Abstract

As a cornerstone of China’s economic modernization, Zhejiang Province has developed a globally influential network of professional markets since its post-reform industrialization. These markets have played a key role in driving local economic growth. This study examines the structural impact of internet-driven innovation on Zhejiang’s markets through three main dimensions: transaction cost reduction, industrial agglomeration, and digital eco-system evolution. The study also suggests policy recommendations for strengthening digital infrastructure, promoting intelligent management, and supporting cross-industry collaboration. Matching local strategies with national policies is needed for ensuring sustainable growth and improving global competitiveness. This research provides useful insights for regions undergoing digital transformation, showing Zhejiang’s approach to connecting technological advancements with institutional frameworks for effective transformation.

Cite this paper

Wang, X. , Ying, Y. and Ji, Z. (2025). Digital Transformation of Professional Markets in Zhejiang Province: Practice and Exploration of Internet Empowerment and Ecosystem Reshaping. Open Access Library Journal, 12, e3203. doi: http://dx.doi.org/10.4236/oalib.1113203.

References

[1]  Coase, R.H. (1937) The Nature of the Firm. Economica, 4, 386-405. https://doi.org/10.1111/j.1468-0335.1937.tb00002.x
[2]  Williamson, O.E. (n.d.) The Economic Institutions of Capital-ism. Firms, Markets, Relational Contracting. In: Boersch, C., Elschen, R., Eds., Das Summa Summarum des Management, Gabler, 61-75. https://doi.org/10.1007/978-3-8349-9320-5_6
[3]  Stigler, G.J. (1961) The Economics of Information. Journal of Political Economy, 69, 213-225. https://doi.org/10.1086/258464
[4]  Bakos, J.Y. (1997) Reducing Buyer Search Costs: Implications for Electronic Marketplaces. Management Science, 43, 1676-1692. https://doi.org/10.1287/mnsc.43.12.1676
[5]  Brynjolfsson, E. and Smith, M.D. (2000) Frictionless Commerce? A Com-parison of Internet and Conventional Retailers. Management Science, 46, 563-585. https://doi.org/10.1287/mnsc.46.4.563.12061
[6]  Choudary, S.P. (2015) Platform Scale: How an Emerging Business Model Helps Startups Build Large Empires with Minimum Investment. Platform Thinking Labs.
[7]  Marshall, A. (1890) 1920. Principles of Economics. Mac-Millan.
[8]  Porter, M.E. (1998) Clusters and the New Economics of Competition. Har-vard Business Review, 76, 77-90.
[9]  Castells, M. (2000) The Rise of the Network Society. The Information Age: Economy, Society, and Culture (Vol. I). Blackwell.
[10]  Brynjolfsson, E. and McAfee, A. (2014) The Second Machine Age: Work, Pro-gress, and Prosperity in a Time of Brilliant Technologies. W. W. Norton & Company.
[11]  Kenney, M. and Zysman, J. (2016) The Rise of the Platform Economy. Issues in Science and Technology, 32, 61-69.
[12]  Moore, J.F. (1996) The Death of Competition: Leadership and Strategy in the Age of Business Ecosystems. Harper Paperbacks, Now York.
[13]  Nambisan, S. (2017) Digital Entrepreneurship: Toward a Digital Technology Perspective of Entrepreneurship. Entrepreneurship Theory and Practice, 41, 1029-1055. https://doi.org/10.1111/etap.12254
[14]  Chesbrough, H. (2003) The Logic of Open Inno-vation: Managing Intellectual Property. California Management Review, 45, 33-58. https://doi.org/10.1177/000812560304500301
[15]  Eisenmann, T., Parker, G. and Van Alstyne, M.W. (2006) Strategies for Two-Sided Markets. Harvard Business Review, 84, 92-103.
[16]  Gawer, A. and Cusumano, M.A. (2002) Platform Leadership: How Intel, Microsoft, and Cisco Drive Industry Innovation (Vol. 5). Harvard Business School Press, 29-30.
[17]  Baldwin, C.Y. and Woodard, C.J. (2009) The Architecture of Platforms: A Unified View. In: Gawer, A., Ed., Platforms, Markets and Innovation, Edward Elgar Publishing, 19-44. https://doi.org/10.4337/9781849803311.00008
[18]  Tiwana, A. (2013) Platform Ecosystems: Aligning Architecture, Governance, and Strategy. Newnes.
[19]  Xiong, W.S. and Yan, Z.Y. (2024) Platform-Based Local Market Formation: An In-vestigation of Yiwu Market Transformation. Sociological Studies, No. 4, 92-113, 228.
[20]  Cai, J.B. (2018) Changes in Spa-tial Laws of Specialized Markets—A Perspective Based on the Urbanization Process. Journal of Commercial Economics, No. 16, 185-188.
[21]  Tong, J., et al. (2019) Study on the Influence Factors of Professional Market Trans-formation and Up-grading under the Background of New Economic Normal—An Empirical Analysis Based on Zhejiang Professional Market. Standard Science, No. 8, 42-50.
[22]  Shen, J., Liu, Y.Y. and Wei, C. (2024) Adaptive Transformation Paths of Professional Markets in Urban Renewal—The Case of Professional Markets in the Old City District of Guangzhou City. Urban Problems, No. 8, 84-93.
[23]  Cheng, J.H. (2021) Study on the Transformation and Breakthrough Path of Traditional Professional Markets in China under the Background of Digital Economy—Taking Zhejiang Province as an Example. Journal of Nanjing University of Science and Technology (Social Sciences), No. 5, 70-77.
[24]  Xia, J.Q. (2023) Governance Dilemmas and Breakthrough Strategies in Professional Markets with Decentralized Property Rights: A Study Based on Selected Professional Markets in Shanghai. Scientific Development, No. 10, 74-82.
[25]  Zhang, Y.F. (2023) Research on the Linkage Develop-ment Mechanism of Specialized Markets and Industrial Clusters under the Perspective of Increasing Reward. Journal of Commercial Economics, No. 8, 168-171.

Full-Text


Contact Us

[email protected]

QQ:3279437679

WhatsApp +8615387084133