We find that Xbox had a small quality advantage over the incumbent, PlayStation 2, and the strength of indirect network effects and the consumers' discount factor, while statistically significant, fall in the region where PlayStation's position is unsustainable.This article examines how product and consumer characteristics moderate the influence of online consumer reviews on product sales using data from the video game industry. ",Multi-Homing and Platform Strategies: Historical Evidence from the US Newspaper Industry,"Multi-Homing and Platform Strategies: Historical Evidence from the US Newspaper Industry. Evidence from Encyclopædia Britannica and Wikipedia,"Do Experts or Crowd-Based Models Produce More Bias? We discuss how our study helps improve our understanding of notions of strategy, business model, and tactics in the field of strategy.This article examines how product and consumer characteristics moderate the influence of online consumer reviews on product sales using data from the video game industry.
We find that there exists significant social influence within a user’s friend circles. We also find evidence that affected newspapers are less likely to make their content available online. These results suggest that heterogeneity in customer multi-homing is a significant factor that can moderate platforms’ competitive strategies.In mid-December 2018, Peter Ma, Chairman and CEO of Ping An Insurance (Group) Company of China, Ltd. was considering whether the company should grow a fifth ecosystem of Smart City Services. As yet unclear was whether Heike stores offered consumers an irresistible value proposition.To make sound business decisions, managers must be comfortable with the concepts of correlation and causation.
The bias on a per word basis hardly differs between the sources because Wikipedia articles tend to be longer than Britannica articles. When reader preferences are homogeneous, newspapers are more likely to engage in cost-cutting. In our model, a platform can choose whether and when to provide this service to sellers. Firms selling valuable and scarce products aremore likely to have separate primary and secondary markets, and will therefore appropriate more value when secondary markets thicken.
The top five sectors identified by KT’s team include the Internet of Things (including connected cars and smart city/homes), media, health, energy, and security and surveillance, which might provide some quick wins both in terms of revenues and market lead. ",ZBJ: Building a Global Outsourcing Platform for Knowledge Workers (B),"ZBJ: Building a Global Outsourcing Platform for Knowledge Workers (B). During the company’s 11-year history, ZBJ had launched ten transformation campaigns to overcome various challenges by changing its products, operations, and business model. However in 2015 the company relaunched as Upwork, with both a new brand and a new platform. In this paper, we study how platform firms use repositioning and cost-cutting in response to competition, elucidate external and internal factors that constrain or enable these responses, and examine how the firms’ responses affect their performance. By August 2013, So.com captured 18% PC market share, and had posed a threat to Baidu, China's largest and most established search engine provider.
We analyze strategic interactions between an innovative entrant and an incumbent where the incumbent may imitate the entrant's business model innovation once it is revealed. We examine how app developers on the Android mobile platform adjust innovation efforts (rate and direction) and value-capture strategies in response to the threat of Google's entry into their markets. Although launching a platform can generate new revenue, success is not automatic.
Liu must decide how JD should compete and how to expand the company’s offline strategy.ZBJ.com (ZBJ), an online platform that connects knowledge workers to small- and medium-sized enterprises, is China’s largest outsourcing platform. Yet some managers felt the technology was a distraction, an investment too expensive for a team that was not yet cash-flow positive. A strong product and a loyal customer base will attract third parties to your platform. How should X Fire defend itself?
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