Multi-sided platforms

Multi-sided platforms Electronic Markets (2019) 29:553–559 https://doi.org/10.1007/s12525-019-00385-4 EDITORIAL 1 2 3 4 Nizar Abdelkafi & Christina Raasch & Angela Roth & R. Srinivasan Published online: 27 November 2019 Institute of Applied Informatics at University of Leipzig 2019 Introduction There is a growing interest in MSPs in the scholarly literature (McIntyre and Srinivasan 2017). This is due to Dear Readers, two key factors. First, platforms play an important role Multi-sided platforms (MSPs) have been around for throughout the economy, as they minimize transactions several centuries. Only recently, however, MSPs have be- costs between market sides (e.g. Hagiu 2006). Second, come prominent in the economy, especially due to the MSPs appear to be the most powerful business models internet and digitization wave across many industries. in the digital economy due to their adaptability and The idea behind MSPs is simple: they connect two or ability to handle complexity, rapid scale-up, and value more interdependent user groups, by playing an interme- capture. Airbnb, eBay, Uber, Google, and Apple are diation or a matchmaking role (Gawer 2014;Evans and spectacular success examples of MSPs. Such businesses Schmalensee 2016). Thus, MSPs are tightly related to have demonstrated remarkable growth and achieved electronic markets; they actually show a http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Electronic Markets Springer Journals

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Publisher
Springer Journals
Copyright
Copyright © 2019 by Institute of Applied Informatics at University of Leipzig
Subject
Business and Management; IT in Business; e-Commerce/e-business
ISSN
1019-6781
eISSN
1422-8890
DOI
10.1007/s12525-019-00385-4
Publisher site
See Article on Publisher Site

Abstract

Electronic Markets (2019) 29:553–559 https://doi.org/10.1007/s12525-019-00385-4 EDITORIAL 1 2 3 4 Nizar Abdelkafi & Christina Raasch & Angela Roth & R. Srinivasan Published online: 27 November 2019 Institute of Applied Informatics at University of Leipzig 2019 Introduction There is a growing interest in MSPs in the scholarly literature (McIntyre and Srinivasan 2017). This is due to Dear Readers, two key factors. First, platforms play an important role Multi-sided platforms (MSPs) have been around for throughout the economy, as they minimize transactions several centuries. Only recently, however, MSPs have be- costs between market sides (e.g. Hagiu 2006). Second, come prominent in the economy, especially due to the MSPs appear to be the most powerful business models internet and digitization wave across many industries. in the digital economy due to their adaptability and The idea behind MSPs is simple: they connect two or ability to handle complexity, rapid scale-up, and value more interdependent user groups, by playing an interme- capture. Airbnb, eBay, Uber, Google, and Apple are diation or a matchmaking role (Gawer 2014;Evans and spectacular success examples of MSPs. Such businesses Schmalensee 2016). Thus, MSPs are tightly related to have demonstrated remarkable growth and achieved electronic markets; they actually show a

Journal

Electronic MarketsSpringer Journals

Published: Dec 2, 2019

References

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