network externalities

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network externalities

the increase in the value of a product as more people use it. For example, as the number of people with telephones increases, the value to any individual of owning a telephone is enhanced, since he or she has more people with whom to communicate.
References in periodicals archive ?
For the private sector, digital platforms come with the promise of exponential economic growth, scale through the network effects and no assets needed.
More likely, however, the company is merely turning into an Apple lookalike, profiting from network effects rather than from disruptive innovation or any kind of residual positive vibe from its brand.
The currency market also exhibits a network effect. The more popular a currency is, the more useful it becomes to own, and as a result, its demand increases proportionally with its popularity.
Among its insights, the whitepaper notes that the attraction of digital platforms is due to the network effect -- the growth in value for all that comes with every platform participant that joins.
Quimbo said new transport network companies (TNCs) should grab the opportunity of the network effects to ensure the viability of their businesses.
As another important feature, an app's value is determined not only by its inherent value but also by the network effect of the products.
Thanks to the digital revolution, we now find ourselves in a hyperconnected world radically shaped by what can best be described as the "network effect": the fundamental architectural shift in the way the world works from hierarchies to networks.
CNX offers technical, financial, legal, and operational expertise to implement geo-relevant public-private partnerships that solve broadband access challenges and expand the network effect for the good of all.
The first potential network effect is linked to the scale of search
The Imaging of Things exchange addresses the network effect online communities have in accelerating adoption of new technologies and applications.
The objective of this research was to verify the influence of these coproduction factors alone and in interaction (network effect) about the attitudinal consequences of user satisfaction and pride of the distance education service.
Entrepreneurship and Bitcoin: Breaking the Network Effect. Early draft of unpublished working paper in author's files.
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