Platform ecosystems as meta‐organizations: Implications for platform strategies
Ifo Institute for Economic Research · Centre for Economic Policy Research · +4 more institutions
Abstract
Abstract Research summary Platform ecosystems have spurred new products and services, sparked innovation, and improved economic efficiency in various industries and technology sectors. A distinctive feature of the platform architecture is its modular and interdependent system of core and complementary components bound together by design rules and an overarching value proposition. Accordingly, we conceptualize platforms as meta‐organizations, or “organizations of organizations” that are less formal and less hierarchical structures than firms, and yet more closely coupled than traditional markets. To function successfully, however, platforms require coordination among multiple participants not all of whose…
Citation impact
- FWCI
- 45.99
- Percentile
- 100%
- References
- 77
Authors
4Topics & keywords
- Corporate governance
- Incentive
- Modular design
- Interdependence
- Industrial organization
- Value proposition
- Business
- Function (biology)