Platform Revolution

Question 1

Metcalf’s Law

Answer 1

3COM founder, Robert Metcalfe: Network Effort

With the increase of telephone, the value of network increase exponentially.

Question 2

20th Century - Industrial century
Vs
21st Century - Internet century

Answer 2

Supply economics of scale
Vs
Demand economics of scale (by Hal Varian, Google Chief Economist, and Carl Shapiro)