Question: 1 . List factors that contribute to the value created by network effects? Why is staying power particularly important to many technology products and services?

1.List factors that contribute to the value created by network effects? Why is staying power particularly important to many technology products and services?
2.How would you characterize same-side exchange benefits vs cross-side exchange benefits? What is the difference between a one-sided market and a two-sided market (provide examples)?
3.Is it ever advantageous for firms to give up control of a network and share it with others? Why or why not? Give examples to back up your point.

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