Abstract: As a key path for the deep integration of the digital economy and the real economy, the industrial Internet can promote the high-quality development of China’s manufacturing industry. Different from the research on the factors affecting the growth of industrial Internet platforms from a single perspective, this paper constructs an analytical framework for the innovation ecological value creation of manufacturing enterprise derivative platforms from the three levels of innovation subject, innovation environment and innovation resources based on a holistic perspective, and takes 35 manufacturing enterprise derivative platforms as case samples. The fuzzy set qualitative comparative analysis method is used to explore the influence of six antecedents on the value creation of platform innovation ecology. The results show that: (1) a single antecedent condition does not constitute the necessary condition for high value creation; (2) There are four configurations that generate high value creation, which can be classified as enterprise-led (H1), government-firm driven (H2) and government-market-firm co-driven (H3a H3b). (3) Under certain conditions, there is a substitution relationship between the element combinations of platform innovation ecosystem that achieve high value creation.

Key words: derivative platform, configuration analysis, innovation ecosystem