The governance of platform development processes: A metaphor and a simulation model

Geerten van de Kaa, George Papachristos and Hans de Bruijn

Technological Forecasting and Social Change, 2019, vol. 138, issue C, 190-203

Abstract: Platform market competition has been extensively researched, but the governance of the platform development process prior to market launch has received little attention. We develop a system dynamics simulation model using the avalanche game as a metaphor for platform development. We describe a typical platform development process, and show how this process corresponds to the game. To examine the role of incentives for consensus building in platform development, we extend the original simulation model of the avalanche game using literature on platform development. This provides insights about how platform governance incentives influence the platform development process. Specifically, we find that under high degrees of urgency, consensus is achieved more quickly when a greater number of participants are involved in a standards committee. We explain this counterintuitive notion by making use of the literature on decision-making in networks of interdependencies.

Keywords: Platforms; Standards; Governance; Decision-making; Simulation (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:138:y:2019:i:c:p:190-203

DOI: 10.1016/j.techfore.2018.08.021

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