By Sangeet Paul Choudary , Geoffrey Parker, and Marshall Van Alstyne. MarketWatch, The Wall Street Journal, Oct. 10, 2013. We used to live in a world where commerce flowed linearly. Firms added value to products, shipped them out and sold them to consumers. Producers and consumers held distinct roles. Value was created upstream and flowed […]
By Chrysanthos Dellarocas, Marshall Van Alstyne Communications of the ACM, Vol. 56 No. 8, Pages 25-28 Despite the massive media ink spilled over massive open online courses, the ink spilled by MOOCs themselves remains red. MOOCs lose money. Most are free.3 Universities and venture capitalists subsidize them while searching for the class of the future. This […]
Technology and business professionals gathered in Cambridge, MA, for the recent MIT Platform Strategy Executive Symposium. The conference, sponsored by Thomson Reuters, Pearson, and International Post Corporation, featured CEO and CTO level speakers from industries including technology, education, and infrastructure. Each outlined how their businesses became or are working to become “platform companies.” The event […]
Academics gathered from around the world at Boston University to share their latest research into information economics and platform strategy. Topics ranged from patent thickets to content across platforms to an in depth look at bias on Wikipedia. The complete program is available at smgworld.bu.edu/platformstrategy/program/. Photos from the event can be viewed at smgworld.bu.edu/platformstrategy/conference-gallery/.
BY: Sangeet Paul Choudary Why do most social networks never take off? Why are marketplaces such difficult businesses? Why do startups with the best technology fail so often? There are two broad business models: pipes and platforms. You could be running your startup the wrong way if you’re building a platform, but using pipe strategies. More […]
By Sangeet Choudary, Geoffrey Parker, Marshall Van Alstyne, There’s a pattern to spotting economic revolutions: look for catalysts borne of changes in information, automation, or connectivity. The printing press produced masses of information that presaged the renaissance. The steam engine produced automation and the railroad connectivity that ushered in the industrial revolution. While the scale […]
by Sangeet Paul Choudary Amazon is entering India. The timing, and not the move in itself, catches the eye. 2010-2011 was a period of rampant funding and hazy valuation calculation for Indian e-commerce. Flipkart was widely celebrated as the first mover that got most things right. Amazon is, of course, coming to the party once it’s over and […]
Two platform strategy symposiums will be held in Boston on July 25 and July 26. The first day is designed to provide a forum for academics to share their latest research and will be held at the Castle at Boston University. The second day is designed to provide a forum for executives to share experiences […]