3min chapter

Talking about Platforms cover image

Platform ecosystems as meta‐organizations with Tobias Kretschmer

Talking about Platforms

CHAPTER

Managing Successful Products: Traditional Firms versus Platforms

This chapter explores the contrasting approaches of traditional firms and platforms in managing successful products. It highlights how traditional firms acquire or sign long-term contracts, while platforms prioritize freedom and choice for complementers, emphasizing the importance of adaptation. The chapter references Facebook apps and the issue of Farmville notifications to illustrate these concepts.

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