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
Electronic Markets – Springer Journals
Published: Dec 2, 2019
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