Research Policy· 2014Q1
Bridging differing perspectives on technological platforms: Toward an integrative framework
- 1,795citations
- Q1SCImago
- 2014year
Short summary
A new integrative framework conceptualizes technological platforms as evolving organizations that federate agents, create value through economies of scope, and possess a modular architecture, bridging economic and engineering design perspectives.
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Key points
- Integrates economic (double-sided markets) and engineering design (technological architectures) perspectives on platforms.
- Conceptualizes platforms as evolving organizations that federate and coordinate agents.
- Highlights value creation through economies of scope and a modular core-periphery architecture.
- Classifies platforms into intra-firm, supply chain, and industry ecosystem forms.
- Proposes a model for empirical testing of platform innovation and competition interactions.
AI-generated from the title and abstract; the full text is not read.
Abstract
An integrative framework is proposed to advance management research on technological platforms, bridging two theoretical perspectives: economics, which sees platforms as double-sided markets, and engineering design, which sees platforms as technological architectures. While the economic perspective informs our understanding of platform competition, the engineering design perspective informs our view of platform innovation. The article argues that platforms can be usefully conceptualized as evolving organizations or meta-organizations that: (1) federate and coordinate constitutive agents who can innovate and compete; (2) create value by generating and harnessing economies of scope in supply or/and in demand; and (3) entail a modular technological architecture composed of a core and a periphery. In support of this conceptualization, a classification system is presented, indicating that technological platforms appear in a variety of organizational forms: within firms, across supply chains, and across industry innovation ecosystems. As an illustration, the framework is then applied to derive a simple model highlighting patterns of interaction between platform innovation and competition, yielding hypotheses that could be tested empirically by future scholars.
The authors' abstract, as published at the source. Research Policy, 2014 · DOI ↗
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Field: Strategy and Management
Strategy and ManagementBusiness, Management and Accounting