1. Why was PayPal successful while other online payment services failed? 2. Why are positive network effects...

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1. Why was PayPal successful while other online payment services failed?

2. Why are positive network effects so crucial to the success of platform strategy?

3. Why is it so difficult to initiate positive network effects?

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Strategic Management

ISBN: 9781265951504

6th Edition

Authors: Frank Rothaermel

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Question Posted: Sep 17, 2023 03:50 AM

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1. Why was PayPal successful while other online payment services failed? 2. Why are positive network effects...

Question:

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1 When network effects are present the value of using a particular product andor service is a function of the number of users using the product or service Therefore generating network effects and a po...View the full answer

Strategic Management

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