Designing platform businesses

How can you design transaction and innovation platform business models?

Two fundamental types of platform can be distinguished.5 First, there are transaction platforms such as marketplaces. Like Amazon, eBay, Airbnb or Uber, they bring two sides of the market together and facilitate transactions between those market sides. Second, there are innovation platforms like Apple iOS and Google Android, but also Microsoft Xbox or Sony PlayStation. Innovation platforms provide the infrastructure and basis for others to develop innovation on top – such as smartphone apps in the case of Apple iOS or video games in the case of Microsoft Xbox. Although there are hybrid forms in practice, acknowledging the differences between ...

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