Development and competition of digital service platforms: A system dynamics approach
通过系统动力学模型模拟两个竞争平台的发展路径,发现用户决策延迟有助于达到临界规模,而开放接口和数据可转移性可降低赢家通吃的风险。
Digital service platforms are becoming widespread in all areas of society. One risk scenario in platform development is related to the fragmentation of development efforts and the failure to achieve a critical mass of platform users, while a second risk scenario is related to a winner-take-all situation in which one platform firm achieves a monopoly position in the market. We develop a system dynamics model of platform development that includes two competing platforms, and use the model to simulate various development paths by varying different factors that affect how resources accumulate to the platforms. Our simulation results show that delays in users' decision making can increase the likelihood of achieving critical mass. In addition, open interfaces and data transferability between platforms can accelerate platform adoption and decrease the likelihood of a winner-take-all situation. The simulation results also reveal more nuanced development paths than simple S-shaped growth because of delays in platform development and different cross-side network effects to end users and service providers.