From primordial soup to platform-based competition: Exploring the emergence of products, systems, and platforms

• Main Authors: WOODARD, C. Jason, CLEMONS, Eric K.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2011
• Subjects: Agent based; Economies of scale; Lock-in; NK models; System design; Computer Sciences; Technology and Innovation
• Online Access: https://ink.library.smu.edu.sg/sis_research/3525; https://ink.library.smu.edu.sg/context/sis_research/article/4526/viewcontent/PrimordialSoup_2011.pdf
• Institution: Singapore Management University

We use an agent-based NK model to explore the conditions under which standard platforms emerge among competing products. Our findings were inconclusive. We find that the usual Darwinian conditions needed for the emergence of complexity are sufficient to yield a limited reliance upon platforms with a...