This paper considers multiple perspectives to explore the concept of high-speed railway(HSR),rationally abstract its value formation mechanism, and quantitatively measure its actual performance. This paper analyzes th...This paper considers multiple perspectives to explore the concept of high-speed railway(HSR),rationally abstract its value formation mechanism, and quantitatively measure its actual performance. This paper analyzes the governance potential of major countries in the high-speed railway value chain and studies the feasible ways and development strategies to enhance the highspeed railway governance in China. Findings of this paper are as follows. First, the government, as the early manager of high-speed railway governance, has given way to Siemens and other integrated enterprises. Second, the highspeed railway standard output has become the core competitiveness that embodies high-speed railway. Third,the global high-speed railway market presents a hierarchical high-speed railway governance model and changes to a modular approach to governance.展开更多
文摘This paper considers multiple perspectives to explore the concept of high-speed railway(HSR),rationally abstract its value formation mechanism, and quantitatively measure its actual performance. This paper analyzes the governance potential of major countries in the high-speed railway value chain and studies the feasible ways and development strategies to enhance the highspeed railway governance in China. Findings of this paper are as follows. First, the government, as the early manager of high-speed railway governance, has given way to Siemens and other integrated enterprises. Second, the highspeed railway standard output has become the core competitiveness that embodies high-speed railway. Third,the global high-speed railway market presents a hierarchical high-speed railway governance model and changes to a modular approach to governance.