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Platforms that are understood as a place or system coordinating the interaction of different stakeholders (e.g., service consumers and providers) may enable widespread adoption of IoT services and applications. However, the lack of interoperability between platforms may inhibit the diffusion of...
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potential ones, through direct network externalities (Katz & Shapiro, 1985, 1986). As technological change is constantly … choices are also affected by indirect network externalities due to the diffusion of smartphones, the complementary commodities …
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Platform ecosystem has spawned a rapidly growing data-driven economy across the globe. The emerging platform models have been adjudged to have a positive impact on quality of life by engendering economic growth. However, as technologies become more intelligent and intrusive, there is a...
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Modern economic theory predicts that tying can serve as a tool for leveraging market power. In line with this economic … theory, competition authorities regulate the tying of Microsoft Windows with its Media Player or Internet browser in the EU …
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Disruption of tradition network industries and the emergence of innovative physical operator platforms provide challenging governance problems of contractual relationships among different actors involved. The problem solution competence of operator platforms (two-sided, multi-sided) is the...
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