Competing in network markets: Can the winner take all?
David P. McIntyre and
Asda Chintakananda
Business Horizons, 2014, vol. 57, issue 1, 117-125
Abstract:
Products as varied as software, credit cards, and even coffee makers are influenced by network effects whereby the product's value is contingent upon the number of people using it. In turn, markets for these products offer lucrative returns to managers who can leverage the dynamics in their favor. This article describes recent research focusing on the factors that influence success and failure in network markets. We offer recommendations and initiatives that increase the likelihood of success in network markets for entrepreneurs and incumbents alike.
Keywords: Network effects; Network intensity; Installed base; Winner-take-all; Competitive strategy; Innovation (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0007681313001407
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:bushor:v:57:y:2014:i:1:p:117-125
DOI: 10.1016/j.bushor.2013.09.005
Access Statistics for this article
Business Horizons is currently edited by C. M. Dalton
More articles in Business Horizons from Elsevier
Bibliographic data for series maintained by Catherine Liu ().