The Growth Model of Industrial Internet Platform in Industrial 4.0

Abstract

The development of industrial Internet platform is an important carrier to realize the innovation of Industry 4.0. This paper analyzes the development mechanism of Chinese industrial Internet platforms from three aspects of motivation, incentives, and constraints, summarizes the influencing factors of platform development, and establishes a growth model of industrial Internet platform, to select representative factual data as observation variables to verify the effect of each factor. In the end, this paper puts forward relevant suggestions for the government, platform companies, and other related parties to drive the realization of Industry 4.0.