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Cited by 220Digital Platforms and EconomicsEconomic Theory and InstitutionsInnovation and Knowledge Management

The DOI matches its Crossref record; 189 of the 194 references it cites were found in a registry or an index.

Externalities and complementarities in platforms and ecosystems: From structural solutions to endogenous failures

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Jacobides, Michael G., Cennamo, Carmelo, Gawer, Annabelle·2024·Research Policy
DOI 10.1016/j.respol.2023.104906
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Abstract

Platforms and ecosystems provide structures for constellations of economic actors to engage and interact as they seek to create and capture value. We consider how the constructs of platforms and ecosystems relate and explore why they have become more ubiquitous by focusing on the nature of their value-add. We propose that they emerge as a response to distinct market failures, which we identify, and we explain which specific externalities they help overcome. We also identify post-hoc endogenous functional and distributional failures that platforms and ecosystems, in turn, generate. We discuss implications for theory and practice.

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Research works printed but not linked: 3

  1. Baldwin, 2022, Design rules, volume 2: how technologies shape organizations. Chapter 15: ecosystems and complementarities
  2. Baldwin, 2000, vol. 1
  3. Gawer, 2022, Digital platforms and ecosystems: remarks on the dominant organizational forms of the digital age, Innov. Organ. Manag., 24, 110

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Metadata

Authors
Jacobides, M. G., Cennamo, C., & Gawer, A.
Affiliations
  • London Business School (GB)
  • Copenhagen Business School (DK)
  • University of Surrey (GB)
Corresponding author
Jacobides, Michael G.
ORCID
Venue
Research Policy
Publisher
Elsevier BV
Published
2024-01
Volume
53
Issue
1
Pages
104906
ISSN
0048-7333 (ISSN-L)
DOI
10.1016/j.respol.2023.104906
OpenAlex
W4388361755
Cited by
220
References
194
Citations by year
2026: 95 · 2025: 79 · 2024: 41
FWCI
47.27
Type
journal article
Language
en
Open access
Licence
Locations
  • Research Policy (publishedVersion, cc-by)
  • SSRN Electronic Journal (acceptedVersion)
  • London Business School Research Online (London Business School) (acceptedVersion)
  • RePEc: Research Papers in Economics (submittedVersion)
  • CBS Research Portal (Copenhagen Business School) (submittedVersion, cc-by)
Topics
  • Social Sciences › Business, Management and Accounting › Strategy and Management › Digital Platforms and Economics
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic Theory and Institutions
  • Social Sciences › Business, Management and Accounting › Strategy and Management › Innovation and Knowledge Management
Keywords
digital platforms, digital ecosystems, externalities, market failure, value creation, value capture, complementarity, platform governance

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