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What is a platform?

-Business based on enabling value creating interaction between EXTERNAL producers, airbnb, and consumers -open participation infrastructures (zoom) and set governance conditions (airbnb=laws from gementee)

Pipeline vs Platform advantages of platform (lecture 1 summary)

raw material, distribution.... no more. Platform enables interaction, growth from both ends, volunteer information to create value for the world is. PRO= 1) scale more efficiently (expanding in size and number) by eliminating gate keepers who were not allowing a feedback loop to happen (e.g if I write a bad review to the restaurant, the gatekeeper could decide not to put the review only because the restaurant is trying to get successful, instead now every info is released, before the restaurant would just respond to the review with a feedback, think of it as a gate= info released or not, in or out)=just like amazon self publishing and editorials 2)Unlock new sources of value creation and supply (airbnb) 3) Growth is not just physical capital (airbnb is completely online, doesn't own rooms) 4)Use databased tools to create feedback loops 5)From inside to outside (personalization, the external people contribute , crowdsourcing and crowdfunding)

Impact of technological innovation on society

More diverse goods to more people but also negative effects and externalities

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Institution
Universiteit van Amsterdam (UvA)
Study
Economics And Business Economics
Course
Digital Innovation and Entrepreneurship

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Digital Innovation and Entrepreneurship summary of all articles

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If you struggle to gather all the information required to understand the basic concept of value creation/value capture, feedback loops, crowdfounding, crowdsourcing. This summary covers all topics mentioned in the course and it does so in an easy and complete way. You have examples throughout the w...

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