Jin-xi Wu

Jin-xi Wu


Research Focus & Metrics

Academic Career Length

9Years (2018-Present)

(Calculated once Scilit publication data is synced: current year − year of first publication + 1)

Representative Publications

View All Publications
LMLei Ma
Lei Ma
TLTao Li
Tao Li
JWJin-xi Wu
Jin-xi Wu
DYDandan Yan
Dandan Yan
Nowadays, the way of Internet travel in China presents diversified development. Rapid expansion in the personal mobile terminal and Internet infrastructure for the Internet travels to the ecosystem of development and evolution. This paper explores the influence of the expansion of the e-hailing ecological community on the urban taxi ecological community, and the problems of profit-seeking, rent-setting, and rent-seeking from the capital behind the e-hailing platform. With entrance into the urban travel ecosystem with ride-hailing platform enterprises and emerging business models, how does (venture) capital cause the change of the urban taxi ecology? Is it essentially the rent-setting and rent-seeking behavior of capital that obtains the market monopoly status of e-hailing? What are the difficulties for governments and the public in regulating rent-seeking in capital and emerging business models? The aim is to explore the new governing strategy of urban taxi ecology. The paper chooses the case of the DiDi e-hailing platform, and performs a study on the utility and indifference curves quantitatively, and constructs a rent-seeking liaison between platform’s entry into the market and the platform’s monopoly. In this paper, the ecological system of the taxi industry is first sorted out, and the community relationship between the traditional cruise taxi industry and the e-hailing industry, and their market supply and demand relationship are clarified. Secondly, from the main theoretical perspective of rent-seeking behavior, this paper analyzes the causes of the rent-setting rent-seeking behavior of e-hailing platform enterprises and the venture capital behind them, and the problems of public power supervision. As the red pack & subsidy market strategy changes the utility (indifference) curve of passengers, the consumption preference of passengers is more inclined to e-hailing. With the expansion of the e-hailing community, the e-hailing platform partly replaces the regulatory role of the government, and venture capital investors as rational-economic individuals, and its agency responsibilities and profit-seeking characteristics naturally form a contradictory pair. The introduction of competition is a means among market policies to break monopoly. Even so, commercial competitors are able to avoid laws or regulations by the means of commercial mergers or through the implementation of variable interest entities control. Governments should therefore seek to participate actively in the governance of such organizations.

29 July 2022 in Sustainability
Verified
Journal Article
Open access
PDF file
LDLing DING
Ling DING
JWJin-xi Wu
Jin-xi Wu
ZMZiyou Ma
Ziyou Ma
JMJialu Mai
Jialu Mai
Strategic positioning is the core issue of strategic management, and regional niche is the core of strategic positioning. Regional niche has important implications in sustainability transition. In this study, the regional niche and spatial distribution of foreign investment in 31 provinces of China from 2012 to 2021 are explored regarding sustainability transition. The results show that: (1) Low fierce competition is important for foreign-investment resources in sustainability transition in general. (2) The gradient of niche-evolution momentum is considerable in sustainability transformation. (3) The spatial echelon distribution of foreign investment is obvious in sustainability transition with a positive spatial-geography correlation. Therefore, in view of the overall space–time development and political layout of foreign investment in emerging industrialized countries such as China in the future, this study has important practical significance. It proposes countermeasures for policy-makers and managers to promote the expansion, evolution, and coordination of foreign investment in regional resources. The conclusion is helpful for China and other emerging industrial countries to successfully realize the space–time layout of regional niche, through foreign investment, and improve their open capabilities of global sustainable development.