In der vorliegenden Studie wird untersucht, wie sich die Preise für FTTB/H- und gigabitfähige Breitbandkabelprodukte auf dem deutschen Markt im internationalen Vergleich einordnen, wie sich die angebotenen Produktportfolios unterscheiden und welche Muster sich aus der länderübergreifenden...

Firms achieve their competitive advantage quickly through the concept framework of open innovation by integrating external inspiration with internal endowment when facing hyper-competition in the digital era. This paper deploys open innovation into building platform blocks by modular operators....

In der vorliegenden Studie wird untersucht, wie sich die Preise für FTTB/H- und gigabitfähige Breitbandkabelprodukte auf dem deutschen Markt im internationalen Vergleich einordnen, wie sich die angebotenen Produktportfolios unterscheiden und welche Muster sich aus der länderübergreifenden...

We study the incentives from a two-sided platform to segment the market by providing personalized search results. In our environment, a monopolistic platform is in charge of matching sellers with buyers. Upon being matched, each pair of buyer and seller negotiate prices. If they choose to...

Collaborative crowdsourcing communities help firms obtain ideas generated by the public at a lower cost compared to those generated in-house. However, the growth of these communities has led to a large influx of ideas of mixed quality, which has made it difficult for firm experts to select and...

This article suggests that the definition of a business model depends on the application context: products, platforms, or ecosystems. Building on existing literature and illustrative examples, the paper clarifies the business model construct by emphasizing the context of analysis. The article...

Terror kills, inciting words can kill, but what about online platforms? In recent years, social networks have turned into a new arena for incitement. Terror organizations operate active accounts on social networks. They incite, recruit, and plan terror attacks by using online platforms. These...

Few issues have aroused more interest of late than the role of “platforms” in the economy. The Supreme Court has recently made the what is likely to be the first of many pronouncements on antitrust analysis of platforms, and major platform firms that dominate the economy – Google, Amazon,...

Firms that sell vertically differentiated products infrequently roll out multiple products at the same time. In fact, it is often a firm already selling a well-established product, that decides to expand up- or downwards when such an opportunity arises. A critical decision in this scenario is...

This paper argues incumbent firms may acquire innovative targets solely to discontinue the target's innovation projects and preempt future competition. We call such acquisitions "killer acquisitions." We develop a model illustrating this phenomenon. Using pharmaceutical industry data, we show...

Managing the quality of complementary applications is vital to the success of a two-sided platform. While prior research has focused solely on restricting platform access based on a quality threshold, we compare three quality regulation strategies: 1) the platform excludes access to low-quality...

We provide a canonical and tractable model of a trade platform enabling buyers and sellers to transact. The platform charges a percentage fee on third-party product sales and decides whether to be "hybrid", like Amazon, by selling its own product. It thereby controls the number of differentiated...

Understanding the implications of digital platform strategies on user welfare has become a crucial issue for policy makers and economists alike. In payments, distributed ledger technologies such as the blockchain have introduced new models of platform governance in the form of vertically...

Firms offer a variety of products to meet different customer needs. In many horizontally differentiated markets, prices are stable and firms make infrequent adjustment to their product lines. While prior research focuses on product line design, we investigate how firms should allocate their...

A platform matches agents from two sides of a market to create a trading opportunity between them. The agents subscribe to the platform by paying subscription fees which are contingent on their reported private types, and then engage in strategic interactions with their matched partner(s). A...

Using both economic theory and Artificial Intelligence (AI) pricing algorithms, we investigate the ability of a platform to design its marketplace to promote competition, improve consumer surplus, and even raise its own profits. We allow sellers to use Q-learning algorithms (a common...

A major result in the study of two-sided platforms is the strategic interdependence between the two sides of the same platform, leading to the implication that a platform can maximize its total profits by subsidizing one of its sides. We show that this result largely depends on assuming that at...

Innovation has been and continues to be an important theme in management literature, and almost any improvement upon the status quo could be regarded as some sort of innovation. Such an improvement could be made in terms of an increase of efficiency for an existing process or the creation of...

On online platforms, consumers face an abundance of options that are displayed in the form of a position ranking. Only products placed in the first few positions are readily accessible to the consumer, and she needs to exert effort to access more options. For such platforms, we develop a...

Using a new trademark-based product market competition measure and a novel trademark-merger dataset over the period 1983-2016, we show that companies facing greater product market competition are more likely to be acquirers. We further show that postmerger, compared to their non-acquiring peers,...

This article provides an encyclopedic survey of the platform strategy literature and is organized around launch strategies, governance, and competition. A platform strategy is the mobilization of a networked business platform to expand into and operate in a given market. A business platform, in...

We study the effect of different levels of information on two-sided platform profits – under monopoly and competition. One side (developers) is always informed about all prices and therefore forms responsive expectations. In contrast, we allow the other side (users) to be uninformed about...

Many manufacturers sell their products through retailers and share the revenue with those retailers. Given this phenomenon, we build a stylized model to investigate the role of revenue sharing schemes in supply chain coordination and product variety decisions. In our model, a monopolistic...

With the emergence of digital multi-sided platform (DMSP) ecosystems, scholars are revisiting core strategic frameworks created in traditional settings. We examine how variation in pioneer firm characteristics may impact two critical platform governance strategies — single vs. multi-firm...