RESEARCH & PERSPECTIVES

Co-creation.How does it become lasting capital?

Starting with real collaboration, I explore how contributions become visible, value accumulates, and shared growth finds institutional support.

Explore the research About Andrew

Andrew David W.Y.

WISERUNION Think Tank Expert · Researcher, Beijing Institute of Big Data Research

01 / THINK TANK

Start with a question

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IDEAS / FEATURED2017-09-07

Complexity, Simplicity, Ease, Diagram: A Method for Business Logic Design

Complex business problems need to be mapped in full before their structure can be distilled, their logic tested, and their relationships made visible. “Mapping the complexity, simplifying the complexity, making it easy, and turning it into a diagram” is a path from experience to method and from method to practice.

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02 / PAPERS

From thinking to argument

All papers

Papers, working drafts, and open questions document the development of an argument.

Published2026-09-18Corporate Governance

From Shareholder Primacy to the Stakeholder Corporation

Shareholder primacy treats the firm as a nexus of contracts and puts shareholder wealth first. This paper proposes a stakeholder governance framework for an economy reshaped by AI, financialization, and the reorganization of globalization.

Working paper2026-09Stakeholder Governance

The Influence Mechanism of Stakeholder Fairness Perception on Voluntary Contribution Behavior

Sustained firm growth depends on employees and teams continuing to contribute knowledge, collaboration, innovation, and relationship maintenance beyond formal duties. Prior research shows that organizational justice predicts organizational citizenship behavior, yet most studies still treat employees primarily as internal subordinates. Fewer studies explain, from the standpoint of participants in a cooperative scheme, why people keep making hard-to-price voluntary contributions after current compensation has already been paid. This paper links Phillips’s principle of stakeholder fairness with the literatures on organizational justice, social exchange, and organizational trust, and proposes a mechanism of stakeholder fairness perception → trust → voluntary contribution behavior.

Working paper2026-09Stakeholder Governance

Value Distribution When Stakeholder Power and Strategic Contribution Diverge

Joint improvement projects often produce two facts at once. One party holds stronger bargaining power, exit threats, or veto rights over rules. The other has delivered more of the realized technical, cost-reducing, or coordinative contribution. When the ranking by power diverges from the ranking supported by contribution evidence, incremental surplus is easily allocated by power rather than by contribution. Stakeholder research has already compared power and strategic importance as predictors of value distribution and has found that strategic importance can outweigh power.[1] Supply-chain experiments show that fairness concerns block full extraction by the powerful party.[2] What remains unspecified is whether, once mismatch is present, verifiable contribution records and independent review can change allocation choices.

03 / BOOKS