NETWORK EFFECTS AND COMPETITION:
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Title: NETWORK EFFECTS AND COMPETITION:

Essay Details:

Subject: Technology
Author: Carol L
Date: August 12, 2016
Level: University
Grade: A
Length: 3 / 762

Essay text:

While theoretical research has addressed all three of these categories, empirical research has been limited to the first and second categories of questions (e.g., see the reviews in David and Greenstein 1990; Liebowitz and Margolis 1994; Economides 2001). Empirical efforts supporting the existence of network effects for a single product technology show that a larger network size is related to higher minicomputer sales (Hartman and Teece 1990), higher likelihood of adopting a new telecommunications technology (Majumdar and Venkataraman 1998), and quicker adoption of a new banking technology (Saloner and Sheppard 1995)...

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