Value ecosystems Flashcards

1
Q

Co-operation

A

Firms co-operate to generate value and compete to appropriate it

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2
Q

4 elements of Brandenberger and Nalebuff’s net value model

A

Customers
Complementors
Suppliers
Substitutors

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3
Q

Network effect

A

Value of service/ good depending on size of userbase

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4
Q

Aftermarkets

A

Contain complementary products for durable goods

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5
Q

Types of platform policies

A
  • Participation policies
  • Interaction policies
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6
Q

?-homing allows participation from users active on competing platforms

A

Multi-homing

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7
Q
A
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