A System Dynamics Model of Standards Competition

Standards competition is a complicated process influenced by a large number of factors and mechanisms. This article develops a simulation model that draws on current theory of standards competition dynamics and represents the interplay of strategic factors that firms can use to gain a competitive advantage. The model is used to reproduce four...

Platform competition processes: A future research outlook

Platform competition for market share can have broad ranging implications within or across industry sectors. It is subject to the complex and changing socioeconomic context in which it unfolds. Three trends provide evidence for this: (i) the number of relevant factors for platform market dominance is steadily increasing, (ii) industries...