Abstract
Based on the principle of financial sustainable development of mass rail transit system, this paper discussed the essentiality of “value capture”, as well as the classification and stakeholders of different generated value. Then it discussed the cycle process of value creation and value capture, and proposed different value capture principles according to different stakeholders. The value capture mechanism was simulated taking advantage of system dynamics model. At last, urban metro system in Shanghai has been taken as a case study to research the benefit-burden relationships among all the interest groups.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsReferences
Beijing World by the Future Investment Consulting co., LTD. (2016) Report: risk analysis of urban rail transit industry
Ming Z Value capture through integrated land use-transit development: experience from Hong Kong, Taipei and Shanghai
Jeffrey SJ, Thomas GA (2006) Financing transport system through value capture. Am J Econ Sociol 65(4):751
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2019 Springer Nature Singapore Pte Ltd.
About this paper
Cite this paper
Liu, W., Wang, Q., Zheng, Y., Wang, J. (2019). Research on the Mechanism of Value Creation and Capture Process for Mass Rail Transit Development. In: Park, J., Loia, V., Choo, KK., Yi, G. (eds) Advanced Multimedia and Ubiquitous Engineering. MUE FutureTech 2018 2018. Lecture Notes in Electrical Engineering, vol 518. Springer, Singapore. https://doi.org/10.1007/978-981-13-1328-8_37
Download citation
DOI: https://doi.org/10.1007/978-981-13-1328-8_37
Published:
Publisher Name: Springer, Singapore
Print ISBN: 978-981-13-1327-1
Online ISBN: 978-981-13-1328-8
eBook Packages: EngineeringEngineering (R0)