Will Consumers Be Willing to Pay More When Your Competitors Adopt Your Technology? The Impacts of the Supporting-Firm Base in Markets with Network Effects - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Will Consumers Be Willing to Pay More When Your Competitors Adopt Your Technology? The Impacts of the Supporting-Firm Base in Markets with Network Effects write by Qi Wang. This book was released on 2015. Will Consumers Be Willing to Pay More When Your Competitors Adopt Your Technology? The Impacts of the Supporting-Firm Base in Markets with Network Effects available in PDF, EPUB and Kindle. Network effects and standards competition introduce significant uncertainty into consumers' new-product adoption decisions, creating a substantial challenge to the success of innovating firms. While the literature has highlighted the importance of establishing a large installed-user base (the number of users adopting the same product) in such markets, this paper draws attention to a different but potentially important market force: the supporting-firm base, which we define as the number of firms supporting the same technological standard. We propose a set of hypotheses concerning the impact of the supporting-firm base on consumers' product valuation in the presence of network effects and standards competition. Our empirical analyses of disk drive markets show that, (1) Consumer product valuation is positively affected not only by the installed-user base but also by the supporting-firm base; (2) The two positive effects cannot be substituted, rather, the effort in building either would be less effective unless accompanied by the other; and (3) The impact of the supporting-firm base depends on not only its size but also the characteristics of the supporting-firms: consumers are affected more (a) by firms exclusively supporting a single standard than by firms supporting multiple standards, and (b) by incumbents than by new entrants.
End Of Competition, The: The Impact Of The Network Economy
End Of Competition, The: The Impact Of The Network Economy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook End Of Competition, The: The Impact Of The Network Economy write by C N A Molenaar. This book was released on 2020-05-14. End Of Competition, The: The Impact Of The Network Economy available in PDF, EPUB and Kindle. The frictions that we experience when doing business, and in fact also in society, result from the impact of technology. There is a transition period from 'doing digital' to 'being digital'. This affects every aspect of our lives, both private and professional. Merely observing the changes, reading about conflicts of the old model in relation to the new model, is confusing. The current developments and frictions require more in-depth examination. Insights into these developments will be necessary in order to achieve success. Many more partnerships will develop; organisations will come together and combine forces and borders will disappear. This will lead to the changes from order entry to new digital business ecosystems, or rather from 'doing digital to 'being digital'.In the book, The End of Competition: The Impact of the Network Economy, the author explores the indicators of change, the motives for change, and the changes that are yet to come. Concrete plans provide clarity regarding the steps that can be taken, and they indicate who is already going down that road. This book will cover the similarities and differences in the approach and developments in both the Western and Asian worlds. We are at the beginning of a new age: the age of 'being digital', and closing our eyes to this is to deny ourselves a future.
The Antitrust Paradox
The Antitrust Paradox - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Antitrust Paradox write by Robert Bork. This book was released on 2021-02-22. The Antitrust Paradox available in PDF, EPUB and Kindle. The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.
The Fourth Industrial Revolution
The Fourth Industrial Revolution - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Fourth Industrial Revolution write by Klaus Schwab. This book was released on 2017-01-03. The Fourth Industrial Revolution available in PDF, EPUB and Kindle. World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wearable sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manufacturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individuals. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frameworks that advance progress.
How information gives you competitive advantage
How information gives you competitive advantage - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook How information gives you competitive advantage write by Michael E. Porter. This book was released on 1985. How information gives you competitive advantage available in PDF, EPUB and Kindle.
