Talking about Platforms

Platform and Innovation System Design with Kevin Boudreau

11 snips
Feb 12, 2025
In a fascinating dialogue, Kevin Boudreau, a Professor of Entrepreneurship and Innovation at Northeastern University, shares his insights on the evolution of platforms. He describes his shift from viewing platforms merely as technological intermediaries to understanding them as dynamic ecosystems governed by relationships. The discussion also highlights the transformative role of AI and data, emphasizing how they are reshaping platform functionalities and enabling scalability. Boudreau stresses the cultural dynamics within these ecosystems and the need for collaboration to innovate business models.
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INSIGHT

Evolving Platform Perspective

  • Kevin Boudreau's perspective on platforms evolved from a systems design view to a strategic and economic one.
  • He now sees platforms as digitally governed spaces, impacting firm scalability and data use.
INSIGHT

AI's Impact on Platforms

  • AI and data are crucial for modern platforms, where humans and machines collaborate.
  • LLMs can substitute human tasks but also create unique innovation challenges.
INSIGHT

Digital Transformation for Incumbents

  • Established companies must undergo digital transformations, leveraging data and AI.
  • Platform mechanisms can help them create and capture value in existing business models.
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