{
 "@context": "https://schema.org",
 "@type": "DefinedTerm",
 "@id": "https://wulfkaal.github.io/entities/api-economy",
 "identifier": "kaal:entity:api-economy",
 "name": "Api economy",
 "termCode": "api-economy",
 "inDefinedTermSet": {
  "@id": "https://wulfkaal.github.io/entities/index.json"
 },
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
 },
 "dateModified": "2026-07-29",
 "canonicalForm": "https://wulfkaal.github.io/entities/api-economy.md",
 "sha256": "6beb2326d98c147ac536bd71e38ea934e3cec366e9d52ed97b506a1324c1dc96",
 "additionalProperty": [
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   "value": 2
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   "value": [
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 "subjectOf": [
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3782201-038",
   "identifier": "kaal:claim:3782201-038",
   "text": "Interoperability, meaning the API economy, is most efficiently achieved in the long run on decentralized platforms, because negotiations on a level playing field are fairer, resolve quicker, and encourage more business.",
   "abstract": "Interoperability, the API economy, is most efficiently achieved, in the long run, on decentralized platforms. Negotiations made on a level playing field are fairer, resolve quicker, and encourage more business.",
   "citation": "Craig Calcaterra, Wulf A. Kaal, Future of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782201",
   "datePublished": "2021",
   "claim_type": "mechanism",
   "confidence": "argued",
   "is_failure_mode": false,
   "scope_conditions": [
    "in the long run"
   ],
   "source_pdf_sha256": "bedf7bcfbb7a9b0112b5848cb0d941b1d41f330dafeee0143a30ff5e8aa53700",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3808859-013",
   "identifier": "kaal:claim:3808859-013",
   "text": "APIs dissolve traditional value-chain hierarchies because a company can obtain features more cheaply and more easily by connecting separate products through APIs than by controlling the entire value chain itself.",
   "abstract": "Through the use of APIs, companies no longer need to control the entire value chain because it is much cheaper and technologically often easier to create application features in separate products that connect via APIs to existing ecosystems and/or other products.",
   "citation": "Wulf A. Kaal, Decentralization – Why We Need Technology Infrastructure Upgrades (2021). SSRN: https://ssrn.com/abstract=3808859",
   "datePublished": "2021",
   "claim_type": "mechanism",
   "confidence": "argued",
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   "source_pdf_sha256": "304ad25d43b5ecea3158e3a2ca04e6e1e3bd2958e2134e2dcefbfedf3b6f3ab7",
   "status": "current"
  }
 ],
 "description": "2 claims in the published works of Wulf A. Kaal carry the concept tag 'api-economy'. Derived node: a roster, not an adjudicated definition."
}