To browse Academia. Two-sided platforms are becoming more and more relevant in the modern economy, with leading examples like Airbnb or Uber. These companies can leverage several opportunities, which are intrinsic in their nature, but they also need to face severe challenges before reaching a critical mass and a mature stage.
One of the greatest challenges is represented by the chicken and egg paradox, which refers to the need of the platform provider to convince both sides to join the platform even if it is worthless since the other side is not there. Previous studies provided examples of possible strategies to address it, but there is a lack of operational tactics that practitioners may use to direct tackle the challenges. Through the analysis of 16 case studies based on primary sources, this study presents seven tactics, then clusters in three groups.
They are discussed according to previous literature drawing reflections on the characteristics of the two-sided platform and their business model implications.
In the digital age traditional ways of doing business have been transformed by a group of new platform-driven companies like Facebook, Amazon, Uber, Airbnb and some others. This relatively new digital economy research phenomenon requires inclusive understanding. The paper explores and questions platform research in the context of digital MSPs. It provides main definitions and discusses the concept of digital platform stack framework.
The characteristics, advantages and disadvantages, opportunities and threats associated with the activities of digital platforms have been considered. The paper systematizes current research with a focus on the platform digital transformation, strategy, business models and architecture and suggests agenda for future research. Purpose This study aims to increase the understanding of digital platform businesses and business model innovation in two-sided markets.
