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Research on the Innovation of Online Booking Taxi Service in China Based on the Perspective of Supply-Side Structural Reform

Received: 29 March 2017    Accepted:     Published: 29 March 2017
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Abstract

The rise of online booking taxi service in China is not only the result of information economy development but also the result of the supply-side structural reform. From the perspective of the supply-side structural reform, the business model of online booking taxi service break the monopoly mechanism which derived from the franchise of traditional taxi industry. It changed the supply mechanism of traditional taxi service industry. The market access management principle of traditional taxi service industry has been changed from the single-closed franchise system into the multiple-opened permit system which encourages different business models coexist. On the other hand, the business model of online booking taxi service employs modern information technology to improve the problem of information asymmetry between the passengers and the drivers. It effectively enhances the quality and efficiency of taxi service which improves the relationship between supply and demand, and it sets up a kind of ‘win-win’ ecological economy.

Published in Science Innovation (Volume 5, Issue 2)
DOI 10.11648/j.si.20170502.11
Page(s) 70-76
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Supply-Side Structural Reform, Online Booking Taxi, Information Symmetry, Value Innovation

References
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Cite This Article
  • APA Style

    Yan Xuhui. (2017). Research on the Innovation of Online Booking Taxi Service in China Based on the Perspective of Supply-Side Structural Reform. Science Innovation, 5(2), 70-76. https://doi.org/10.11648/j.si.20170502.11

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    ACS Style

    Yan Xuhui. Research on the Innovation of Online Booking Taxi Service in China Based on the Perspective of Supply-Side Structural Reform. Sci. Innov. 2017, 5(2), 70-76. doi: 10.11648/j.si.20170502.11

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    AMA Style

    Yan Xuhui. Research on the Innovation of Online Booking Taxi Service in China Based on the Perspective of Supply-Side Structural Reform. Sci Innov. 2017;5(2):70-76. doi: 10.11648/j.si.20170502.11

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  • @article{10.11648/j.si.20170502.11,
      author = {Yan Xuhui},
      title = {Research on the Innovation of Online Booking Taxi Service in China Based on the Perspective of Supply-Side Structural Reform},
      journal = {Science Innovation},
      volume = {5},
      number = {2},
      pages = {70-76},
      doi = {10.11648/j.si.20170502.11},
      url = {https://doi.org/10.11648/j.si.20170502.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.si.20170502.11},
      abstract = {The rise of online booking taxi service in China is not only the result of information economy development but also the result of the supply-side structural reform. From the perspective of the supply-side structural reform, the business model of online booking taxi service break the monopoly mechanism which derived from the franchise of traditional taxi industry. It changed the supply mechanism of traditional taxi service industry. The market access management principle of traditional taxi service industry has been changed from the single-closed franchise system into the multiple-opened permit system which encourages different business models coexist. On the other hand, the business model of online booking taxi service employs modern information technology to improve the problem of information asymmetry between the passengers and the drivers. It effectively enhances the quality and efficiency of taxi service which improves the relationship between supply and demand, and it sets up a kind of ‘win-win’ ecological economy.},
     year = {2017}
    }
    

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    AB  - The rise of online booking taxi service in China is not only the result of information economy development but also the result of the supply-side structural reform. From the perspective of the supply-side structural reform, the business model of online booking taxi service break the monopoly mechanism which derived from the franchise of traditional taxi industry. It changed the supply mechanism of traditional taxi service industry. The market access management principle of traditional taxi service industry has been changed from the single-closed franchise system into the multiple-opened permit system which encourages different business models coexist. On the other hand, the business model of online booking taxi service employs modern information technology to improve the problem of information asymmetry between the passengers and the drivers. It effectively enhances the quality and efficiency of taxi service which improves the relationship between supply and demand, and it sets up a kind of ‘win-win’ ecological economy.
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Author Information
  • School of Public Administration, South China Normal University, Guangzhou, China

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