Framework

Platform business model

The question it answers

When a business owner plans a platform linking buyers and sellers, how can they attract both sides to solve the chicken-and-egg problem and trigger network effects?

Origin
Göcke and Meier, 2021
Diagram type
Hub diagram
Level of analysis
Firm
Topics
Entrepreneurship & innovationAI for leaders
Rocket lifting off from a glass light bulb, icon for entrepreneurship and innovation

Diagram

Platform business model

Platform
Multi-sidedness
Network effects
Chicken-and-egg problem
Winner-takes-all (or most)

Sources

References

Listed A–Z by author surname, Harvard style. A source with a DOI links to https://doi.org/…; one without links to its page or says plainly that it has no DOI.

  1. Göcke, L. and Meier, P. (2021) ‘Development and validation of platform businesses in digital entrepreneurship’, in Digital entrepreneurship: impact on business and society. Cham: Springer, pp. 87–102.doi:10.1007/978-3-030-53914-6_5Source page
  2. Soltanifar, M., Hughes, M. and Göcke, L. (2021) Digital entrepreneurship: impact on business and society. Cham: Springer.doi:10.1007/978-3-030-53914-6Source page