kaal:claim:3227933-006

A platform creates value not by producing goods itself but by facilitating exchanges between two distinct but interdependent groups, and it then captures profit for its owner-shareholders from the interactions it mediates.

Source quote, verbatim

the platform creates value by facilitating exchanges between two different but interdependent groups

From

Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018), 2. Platforms, p. 7
https://ssrn.com/abstract=3227933 · source PDF

Cite as

Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018). SSRN: https://ssrn.com/abstract=3227933

Holds when

platform business models

Classification

mechanismsupport: arguedinstitutional-design

Verify

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