Showing results 1 - 5 of 5
| David B. Yoffie
2021, Paper: "This article explores some of the critical challenges facing self-regulation and the regulatory environment for digital platforms. We examine several historical examples of firms and industries that attempted self-regulation before the Internet. All dealt with similar challenges involving multiple market actors and potentially harmful content or bias in search results: movies and video games, radio and television advertising, and…
| David B. Yoffie
The Business of Platforms: Strategy in the Age of Digital Competition, Innovation, and Power. David Yoffie, 2019, Book, "The Business of Platforms explores the strategic, economic, and technology management challenges of digital platform businesses. We have five major themes in the book: 1) The world’s most valuable companies are all platforms, in part because platforms have network effects, with the potential for a winner-take-all or winner-…
| David B. Yoffie
May 2019, Paper, "Platforms have become one of the most important business models of the 21st century. In our newly-published book, we divide all platforms into two types: Innovation platforms enable third-party firms to add complementary products and services to a core product or technology. Prominent examples include Google Android and Apple iPhone operating systems as well as Amazon Web Services. The other type, transaction platforms, enable…
| Andrei Hagiu | David B. Yoffie
The New Patent Intermediaries: Platforms, Defensive Aggregators, and Super-Aggregators. Andrei Hagiu, David B. Yoffie, Winter 2013, Paper. "The patent market consists mainly of privately negotiated, bilateral transactions, either sales or cross-licenses, between large companies. There is no eBay, Amazon, New York Stock Exchange, or Kelley's Blue Book equivalent for patents, and when buyers and sellers do manage to find each other, they usually…
| Andrei Hagiu | David B. Yoffie
Network Effects. Andrei Hagiu, David B. Yoffie, Cctober 9, 2013, Book Chapter. "Network effects are a key economic and strategic phenomenon in 'new economy' industries. They can, but do not necessarily, lead to market tipping, unless they outweigh customers' benefits from differentiation and are accompanied by high switching and multi-homing costs. Network effects create the possibility for multiple equilibrium market configurations, which are…