The two-sided trade fair market: Identifying attributes and value creation management

The paper examines a two-sided market on a multi-sided platform of an exhibition company and looks at the technology of market formation, its specific features, the concept of value creation management and conditions for its implementation. Methodologically the research rests on Rochet-Tirole’s theo...

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Autor principal: Simonov K.V.
Formato: article
Lenguaje:RU
Publicado: Ural State University of Economics 2019
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Acceso en línea:https://doaj.org/article/40df160defda4f34b7f40c0302799bc1
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spelling oai:doaj.org-article:40df160defda4f34b7f40c0302799bc12021-12-02T04:06:41ZThe two-sided trade fair market: Identifying attributes and value creation management10.29141/2218-5003-2019-10-4-32218-5003https://doaj.org/article/40df160defda4f34b7f40c0302799bc12019-09-01T00:00:00Zhttp://upravlenets.usue.ru/images/80/3.pdfhttps://doaj.org/toc/2218-5003The paper examines a two-sided market on a multi-sided platform of an exhibition company and looks at the technology of market formation, its specific features, the concept of value creation management and conditions for its implementation. Methodologically the research rests on Rochet-Tirole’s theory of two-sided markets, as well as industrial organization theory, entrepreneurship theory, general management theory, logistics theory and general systems theory. The author uses the methods of analysis, decomposition, synthesis, abstraction, generalization, deduction and axiomatic method. For the trade fair organizer, the article presents the author’s versions of the main business process and the process model of managed transformation of a platform’s resources and its parties into the organizer’s intermediary services. The study proves that a two-sided trade fair market exhibits some identifying attributes that allow categorizing it as a Rochet-Tirole market. It substantiates the concept of value creation management, where the number of exhibitors and visitors is the target function, and the price structure of the organizer’s services is the tool for initiating control actions. The research details the system- and process-related specificity of the logistic support for the organizer’s activity. The findings provide the basis for the theory of two-sided trade fair market and should encourage the scientific support level for the exhibition business.Simonov K.V.Ural State University of Economicsarticletrade fairdiscrete sequenceplatformtransactionnetwork effectslogistic systemBusinessHF5001-6182FinanceHG1-9999RUУправленец, Vol 10, Iss 4, Pp 24-37 (2019)
institution DOAJ
collection DOAJ
language RU
topic trade fair
discrete sequence
platform
transaction
network effects
logistic system
Business
HF5001-6182
Finance
HG1-9999
spellingShingle trade fair
discrete sequence
platform
transaction
network effects
logistic system
Business
HF5001-6182
Finance
HG1-9999
Simonov K.V.
The two-sided trade fair market: Identifying attributes and value creation management
description The paper examines a two-sided market on a multi-sided platform of an exhibition company and looks at the technology of market formation, its specific features, the concept of value creation management and conditions for its implementation. Methodologically the research rests on Rochet-Tirole’s theory of two-sided markets, as well as industrial organization theory, entrepreneurship theory, general management theory, logistics theory and general systems theory. The author uses the methods of analysis, decomposition, synthesis, abstraction, generalization, deduction and axiomatic method. For the trade fair organizer, the article presents the author’s versions of the main business process and the process model of managed transformation of a platform’s resources and its parties into the organizer’s intermediary services. The study proves that a two-sided trade fair market exhibits some identifying attributes that allow categorizing it as a Rochet-Tirole market. It substantiates the concept of value creation management, where the number of exhibitors and visitors is the target function, and the price structure of the organizer’s services is the tool for initiating control actions. The research details the system- and process-related specificity of the logistic support for the organizer’s activity. The findings provide the basis for the theory of two-sided trade fair market and should encourage the scientific support level for the exhibition business.
format article
author Simonov K.V.
author_facet Simonov K.V.
author_sort Simonov K.V.
title The two-sided trade fair market: Identifying attributes and value creation management
title_short The two-sided trade fair market: Identifying attributes and value creation management
title_full The two-sided trade fair market: Identifying attributes and value creation management
title_fullStr The two-sided trade fair market: Identifying attributes and value creation management
title_full_unstemmed The two-sided trade fair market: Identifying attributes and value creation management
title_sort two-sided trade fair market: identifying attributes and value creation management
publisher Ural State University of Economics
publishDate 2019
url https://doaj.org/article/40df160defda4f34b7f40c0302799bc1
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