Measuring platform return on participation

While industry platforms can transform industries and drive the digital economy, little guidance exists to help managers decide which industry platform to join. Derived from industry research, we propose a six-step return-on-participa- tion (ROP) method that enables managers to clearly and logically...

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Detalles Bibliográficos
Autores: Clements, Z. (Zoë)|||/items/6aa63b49-3461-4861-85bf-c32da4d2936a, Parmar, R. (Rashik)|||/items/3c56931d-da73-497f-a999-587b0102a5ca, Thomas, L.D.W. (Llewellyn D. W.)|||/items/ff368f71-5b63-45bc-8828-56776810c434
Tipo de recurso: artículo
Fecha de publicación:2022
País:España
Institución:Universidad de Navarra
Repositorio:Dadun. Depósito Académico Digital de la Universidad de Navarra
Idioma:inglés
OAI Identifier:oai:dadun.unav.edu:10171/64537
Acceso en línea:https://hdl.handle.net/10171/64537
Access Level:acceso abierto
Palabra clave:Industry platform
Return on participation
Return on investment
Platform onboarding
Descripción
Sumario:While industry platforms can transform industries and drive the digital economy, little guidance exists to help managers decide which industry platform to join. Derived from industry research, we propose a six-step return-on-participa- tion (ROP) method that enables managers to clearly and logically review how their firms are affected by a platform, what the benefits are, how current and future var- iable and fixed costs vary, as well as the often-hidden joining costs. We suggest this technique could also be used by managers to compare competing platforms and by platform owners to evaluate the attractiveness of their offerings.