Platforms: Types, Governance, and Value Distribution

Tammy L. Madsen () and David Cruickshank ()
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Tammy L. Madsen: Santa Clara University
David Cruickshank: SAP

Chapter Chapter 2 in Co-Innovation Platforms, 2022, pp 21-49 from Springer

Abstract: Abstract Platforms facilitate connections between people and organizations so that they can pursue an array of unique complementary relationships that otherwise might not be feasible. While the platform concept has a rich history, two prominent types of platforms have emerged, transaction platforms and innovation platforms. We introduce one type of innovation platform, a co-innovation platform, where the primary strategic objective is facilitating innovation via collaborative arrangements among external actors as well as with the platform. This chapter explores four key questions: (1) What are the prominent types of platforms and how do they differ?; (2) How does a co-innovation platform create and distribute value?; (3) What factors underlie an effective co-innovation platform strategy?; and (4) What governance mechanisms are critical to developing and maintaining a successful co-innovation platform?

Keywords: Platform governance; Co-innovation platform strategy; Resource Openness; Harnessing Complexity; Mobilizing participation; Value creation and distribution (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-75977-3_2

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DOI: 10.1007/978-3-030-75977-3_2

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