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Platforms and industrial change

Author

Listed:
  • Martin Kenney
  • Petri Rouvinen
  • Timo Seppälä
  • John Zysman

Abstract

Digital platforms are reorganising markets, restructuring the labour force, and redefining the scope of competition. These new intermediaries are transforming economic value creation, industrial structures, and innovative activity, all of which are about to undergo their biggest changes in the post-war era. Platforms have power over their ecosystem members, as algorithms mould users’ incentives to elicit particular responses. This raises the question of whether non-platform firms will be overpowered by the likes of Amazon and Google that have considerable advantages, such as massive data centres and the ability to cross-feed online traffic. The answer is conditional, but its existence puts pressure on the state to adopt an aggressive regulatory role. At this time, we do not have a framework for properly regulating platform businesses. This special issue examines how ecosystems created by platforms reorganise markets and how value creation and capture by incumbents and entrants is affected.

Suggested Citation

  • Martin Kenney & Petri Rouvinen & Timo Seppälä & John Zysman, 2019. "Platforms and industrial change," Industry and Innovation, Taylor & Francis Journals, vol. 26(8), pages 871-879, September.
    • Handle: RePEc:taf:indinn:v:26:y:2019:i:8:p:871-879
    DOI: 10.1080/13662716.2019.1602514
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    Citations

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    Cited by:

    1. Cenamor, Javier & Frishammar, Johan, 2021. "Openness in platform ecosystems: Innovation strategies for complementary products," Research Policy, Elsevier, vol. 50(1).
    2. Michele Cantarella & Chiara Strozzi, 2021. "Workers in the crowd: the labor market impact of the online platform economy [An evaluation of instrumental variable strategies for estimating the effects of catholic schooling]," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 30(6), pages 1429-1458.
    3. Sohail, Kanza & Belitski, Maksim & Castro Christiansen, Liza, 2023. "Developing business incubation process frameworks: A systematic literature review," Journal of Business Research, Elsevier, vol. 162(C).
    4. Butollo, Florian & Schneidemesser, Lea, 2022. "Who runs the show in digitalized manufacturing? Data, digital platforms and the restructuring of global value chains," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 22(4), pages 595-614.
    5. Mucha, Tomasz & Seppälä, Timo, 2020. "Artificial Intelligence Platforms – A New Research Agenda for Digital Platform Economy," ETLA Working Papers 76, The Research Institute of the Finnish Economy.
    6. Thomä, Jörg & Bischoff, Thore S., 2022. "From automation to databased business models - digitalization and its links to innovation in small and medium-sized enterprises," ifh Working Papers 31/2022, Volkswirtschaftliches Institut für Mittelstand und Handwerk an der Universität Göttingen (ifh), revised 2022.
    7. Bartczak Krzysztof, 2021. "The Use of Digital Technology Platforms in the Context of Cybersecurity in the Industrial Sector," Foundations of Management, Sciendo, vol. 13(1), pages 117-130, January.
    8. Ha, Seungyeon & Park, Yujun & Kim, Jongpyo & Kim, Seongcheol, 2023. "Research trends of digital platforms: A survey of the literature from 2018 to 2021," Telecommunications Policy, Elsevier, vol. 47(8).
    9. Huiwen Gong & Robert Hassink & Christopher Foster & Martin Hess & Harry Garretsen, 2022. "Globalisation in reverse? Reconfiguring the geographies of value chains and production networks [Does Covid-19 Spark the End of Globalisation?]," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 15(2), pages 165-181.
    10. Lukas Jerg & Jacqueline O’Reilly & Karin Schulze Buschoff, 2021. "Adapting social protection to the needs of multiple jobholders in Denmark, the United Kingdom and Germany," Transfer: European Review of Labour and Research, , vol. 27(2), pages 237-253, May.
    11. Dolata, Ulrich, 2023. "Industrieplattformen: Eine neue Form der Handlungskoordination in der Wirtschaft," Research Contributions to Organizational Sociology and Innovation Studies, SOI Discussion Papers 2024-01, University of Stuttgart, Institute for Social Sciences, Department of Organizational Sociology and Innovation Studies.
    12. Cooiman, Franziska, 2021. "Veni vidi VC – the backend of the digital economy and its political making," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, issue Latest Ar, pages 1-1.

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