The platform economy matures: measuring pervasiveness and exploring power

2021 ◽  
Author(s):  
Martin Kenney ◽  
Dafna Bearson ◽  
John Zysman
Keyword(s):  
Classification System ◽  
Service Industries ◽  
Macro Level ◽  
Future Research ◽  
American Industry ◽  
Firm Level ◽  
Online Platforms ◽  
Level Data ◽  
Platform Economy

Abstract Online platforms are pervasive and powerful in today’s economy. We explore the increased centrality of platforms in two ways. First, we measure the extent to which platforms are insinuating themselves into the economy. We accomplish this by analyzing the presence of platforms as intermediating organizations across all US service industries at the six-digit North American Industry Classification System code level. Our results show that 70% of service industries, representing over 5.2 million establishments, are potentially affected by one or more platforms. Secondly, we undertake a detailed firm-level case study of the mega-platform, Amazon, which demonstrates the ways that the aforementioned macro-level data is expressed by a single platform firm. This case study shows that Amazon’s growth trajectory has resulted in it entering and transforming existing industries and sectors. We conclude by reflecting upon the limitations and implications for future research.

Firm-Level Economic Activity Before, During, and After Local Events: A Case Study

2020 ◽  
Vol 21 (4) ◽  
pp. 327-334 ◽  
Author(s):  
Craig A. Depken ◽  
Benjamin L. Fore
Keyword(s):  
Economic Activity ◽  
National Football League ◽  
Future Research ◽  
Firm Level ◽  
Level Data ◽  
National Convention ◽  
Firm Level Data ◽  
Convention Center ◽  
Center City

This case study investigates how various sporting and cultural events impact economic activity at a single full-service restaurant in center-city Charlotte, NC. We find no evidence of significant changes in daily revenue, customers served, and revenue per customer on the day before, day of, and day after many of the events. The exceptions are National Football League (NFL) home games, swimming events, events at the Charlotte Convention Center, the 2012 Democratic National Convention, NASCAR races, PGA tournaments, and entertainment events at the Spectrum Center. The results invite future research using firm-level data to better understand the disparate impact of events on business enterprises.

scholarly journals The formation of Coasean institutions to provide university knowledge for innovation: a case study and econometric evidence for Switzerland

2020 ◽  
Author(s):  
Dominique Foray ◽  
Martin Woerter
Keyword(s):  
Innovation Performance ◽  
Institutional Setting ◽  
Firm Level ◽  
General Validity ◽  
Level Data ◽  
Econometric Evidence ◽  
Innovative Products ◽  
Type Of Institution ◽  
The Relationship

Abstract “Coasean” institutions are an alternative institutional form that provides a solution to some market and coordination failures. As such they can weaken considerably the case for public subsidies in a vast range of context. They are “market-based” and an inexpensive way to address the public good issues of R&D. They are, however, a largely overlooked institutional option. Early theoretical notions emphasize the advantages of such an institutional setting, however, broader empirical evidence about their effectiveness is lacking. We apply two different empirical approaches to assess the relationship between “Coasean” institutions and the innovation performance of SMEs. In a case study, we investigate Inspire AG, a successful bottom-up, institutional invention in the spirit of a “Coasean” institution. To assess the general validity of this model, we use representative firm-level data to econometrically investigate the relationship between “Coasean” institutions and the sales share of innovative products. “Coasean” institutions are positively related with innovative sales only if the company has a sufficiently large absorptive capacity for external knowledge. This positive moderating effect of “Coasean” institutions for the innovation performance is larger for SMEs. Our empirical findings provide a strong case for policies aimed at encouraging the operation of this type of institution.

Towards a Definition and Concept of Collaborative Resilience in Supply Chain

2020 ◽  
Vol 13 (1) ◽  
pp. 98-117
Author(s):  
Shikha Aggarwal ◽  
Manoj Kumar Srivastava ◽  
Sangeeta Shah Bharadwaj
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Future Research ◽  
Case Study Approach ◽  
Firm Level ◽  
Study Approach ◽  
Building Resilience ◽  
Definition Of ◽  
Bounce Back

In the era of turbulent environment, handling disruptions and building resilience is of prime importance to businesses. Most literature on building resilience in a supply chain is organization-focused and discusses firm-level abilities to bounce back after a disruption. In this study, the authors explored and defined collaborative resilience in a supply chain. Specifically, a case study approach across five supply chains was followed. Through this research, an empirical definition and understanding of collaborative resilience in supply chains was derived as the finding of the study. To the best of our knowledge, this is the first empirical research to develop a definition of collaborative resilience in supply chain. This study may strike many future research studies for research on the phenomenon of collaborative resilience in supply chains.

scholarly journals Antecedents of Customer Switching Intentions: A case study of Nokia Mobile Phones’ users

2013 ◽  
Vol 3 (3) ◽  
pp. 375 ◽  
Author(s):  
Muhammad Rizwan ◽  
Rashid Hayat ◽  
Mohsin Ali
Keyword(s):  
Service Quality ◽  
Mobile Phones ◽  
Service Provider ◽  
Service Industries ◽  
Future Research ◽  
Repurchase Intentions ◽  
Long Period ◽  
Customer Switching ◽  
Core Service

The current study moves beyond satisfaction and proposes that switching variables are important factors impacting a customer’s decision to switch from a service provider. The purpose of the study analyzes customer switching intention about Nokia mobile. In this sample only one company’s customers include, so the findings may not be generalized to other companies. There are many variables which impact on customer decision and enable to customer choose the better services which available in market.  These variables impact on customer decision in many ways like, perceived switching cost, the attractiveness of alternatives and service quality. We propose this study to find and support those variables model which influence between core-service satisfaction and customer switching intention. The results indicates that the influence of core-service quality satisfaction on repurchase intentions and decreases switching intention and make customer loyal with that product for a long period. Although switching variables had no influence on repurchase intentions when satisfaction was high, switching variables positively influenced on repurchase intentions when satisfaction was low. Future research in other service industries is called for.

scholarly journals Why Do Firms Voluntarily Adopt Environmental Management Systems? The Case of the Czech Republic

2020 ◽  
Vol 68 (1) ◽  
pp. 157-168
Author(s):  
Eva Horváthová
Keyword(s):  
Environmental Management ◽  
Czech Republic ◽  
Service Industries ◽  
Iso 14001 ◽  
Management Systems ◽  
Environmental Management Systems ◽  
Labor Costs ◽  
Firm Level ◽  
The Czech Republic ◽  
Level Data

We examine why firms voluntarily implement environmental management systems. Employing the ISO 14001 management system and using firm-level data for the Czech Republic, we find that environmental management systems are typically adopted by large firms and by those firms that initially pollute the environment more. These systems are more commonly implemented by firms operating in service industries. On the other hand, we find little support that the adoption of environmental management systems is influenced by the firm’s financial performance and labor costs.

Economics and Politics of Russian Bankruptcies

2004 ◽  
pp. 118-135 ◽  
Author(s):  
E. Zhuravskaya ◽  
K. Sonin
Keyword(s):  
Transition Economy ◽  
Budget Constraint ◽  
Bankruptcy Law ◽  
Political Elites ◽  
Firm Level ◽  
Level Data ◽  
Day To Day Operations ◽  
Unexpected Outcomes ◽  
Economics And Politics

Laws that work well in developed market economies may produce unexpected outcomes in a corrupt environment. Once a legal institution is formally in place, it might be subverted by those who control its day-to-day operations. This paper focuses on the institution of bankruptcy to provide a case study of institutional subversion in a transition economy. The firm-level data analysis shows that Russia's bankruptcy law of 1998 did not result in improving managerial budget constraint. Instead of removing weak management and closing down loss-making enterprises as intended, it initiated a wave of inefficient property redistribution controlled by regional political elites.

scholarly journals Empirical Industrial Organization: A Progress Report

2010 ◽  
Vol 24 (2) ◽  
pp. 145-162 ◽  
Author(s):  
Liran Einav ◽  
Jonathan Levin
Keyword(s):  
Industrial Organization ◽  
Imperfect Competition ◽  
Empirical Work ◽  
Future Research ◽  
Empirical Methods ◽  
Firm Level ◽  
Regulatory Decision ◽  
Empirical Industrial Organization ◽  
Current State ◽  
Level Data

The field of industrial organization has made dramatic advances over the last few decades in developing empirical methods for analyzing imperfect competition and the organization of markets. These new methods have diffused widely: into merger reviews and antitrust litigation, regulatory decision making, price setting by retailers, the design of auctions and marketplaces, and into neighboring fields in economics, marketing, and engineering. Increasing access to firm-level data and in some cases the ability to cooperate with firms or governments in experimental research designs is offering new settings and opportunities to apply these ideas in empirical work. This essay begins with a sketch of how the field has evolved to its current state, in particular how the field's emphasis has shifted over time from attempts to relate aggregate measures across industries toward more focused studies of individual industries. The second and primary part of the essay describes several active areas of inquiry. We also discuss some of the impacts of this research and specify topics where research efforts have been more or less successful. The last section steps back to offer a broader perspective. We address some current debates about research emphasis in the field, and more broadly about empirical methods, and offer some thoughts on where future research might go.

The Institutionalization of IT Budgeting in Firms

2011 ◽  
pp. 274-288
Author(s):  
Qing Hu ◽  
Jing Quan
Keyword(s):  
Future Research ◽  
Publicly Traded ◽  
Firm Level ◽  
Publicly Traded Companies ◽  
Business Operations ◽  
Level Data ◽  
Institutional Influence ◽  
The World ◽  
Future Research Directions ◽  
Sources Of Influence

Organizations around the world invest billions of dollars each year in information technology (IT) related products and services. What are the factors influencing each individual firm’s investment budget decisions? Limited empirical results derived from firm-level data suggest that internal affordability, such as previous IT budget levels, sales, profitability, and size, are significant sources of influence. In this study, we introduce the perspective of “external institutional influence” for examining corporate IT budgeting processes, in addition to the internal affordability perspective. Using firm-level IT and financial data of publicly traded companies in the financial sector, we show that the two most significant sources of influence on corporate IT budgets are the firm’s IT spending level of the previous year (internal) and the IT spending level of the perceived industry leaders (external). We posit that as IT becomes pervasive in all aspects of business operations and all sectors of the economy, IT budgeting processes have been, at least partially, institutionalized. The implications of this institutionalization are discussed and future research directions are suggested.

scholarly journals Minimum Wages: Do They Really Hurt Young People?

2015 ◽  
Vol 15 (1) ◽  
pp. 299-328 ◽  
Author(s):  
Sofía Galán ◽  
Sergio Puente
Keyword(s):  
Young People ◽  
Minimum Wage ◽  
Age Groups ◽  
Firm Level ◽  
Level Data ◽  
Individual Probability ◽  
Large Panel ◽  
Different Types ◽  
The Individual

Abstract This paper uses a significant increase in the minimum wage in Spain between 2004 and 2010 as a case study to analyse the effects on the individual probability of losing employment, using a large panel of social security records. We show that this individual approach is important, as the possible effects for different types of individuals may differ from other estimates in the literature, based on aggregate or firm-level data, hence complementing them. Our main finding is that older people experienced the largest increase in the probability of losing their job, when compared with other age groups, including young people. The intuition is simple: among the affected (low-productivity) workers, young people are expected to increase their productivity more than older ones, who are in the flat part of their life-cycle productivity curve. Consequently, an employer facing a uniform increase in the minimum wage may find it profitable to retain young employees and to fire older ones.

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