Abstract
Platform business models and their underlying technologies are having a transformational impact upon the global business landscape. This Schumpeterian disruption is the direct result of international entrepreneurship spanning forty years from the battle for the industry standard for personal computers in the 1980s to the present day.
The chapter analyses the role of entrepreneurs in laying the technological foundations for the growth of the platform business model before undertaking a literature review of business model innovation and the resource-based view (RBV) of technological disruption. This highlights how platform-driven ecosystems have inverted traditional ways of doing business which incumbent firms struggle to emulate.
Due to the global nature of the Internet as a technology platform, the chapter will also consider the importance of the born global firm and why traditional one-sided businesses struggle to match the agility and scope of the new age entrepreneurial platform start-ups. This is evidenced by the surge in platform adoption in response to the Covid-19 pandemic.
The chapter analyses the role of entrepreneurs in laying the technological foundations for the growth of the platform business model before undertaking a literature review of business model innovation and the resource-based view (RBV) of technological disruption. This highlights how platform-driven ecosystems have inverted traditional ways of doing business which incumbent firms struggle to emulate.
Due to the global nature of the Internet as a technology platform, the chapter will also consider the importance of the born global firm and why traditional one-sided businesses struggle to match the agility and scope of the new age entrepreneurial platform start-ups. This is evidenced by the surge in platform adoption in response to the Covid-19 pandemic.
| Original language | English |
|---|---|
| Title of host publication | Empirical International Entrepreneurship |
| Subtitle of host publication | A Handbook of Methods, Approaches & Applications |
| Editors | Vahid Jafari-Sadeghi, Hannan Amoozad Mahdiraji, Leo-Paul Dana |
| Publisher | Springer |
| Chapter | 5 |
| Pages | 61-85 |
| Number of pages | 25 |
| Edition | 1 |
| ISBN (Electronic) | 9783030689728 |
| ISBN (Print) | 9783030689711 |
| DOIs | |
| Publication status | Published - 15 Jul 2021 |
Publication series
| Name | Contributions to Management Science |
|---|---|
| ISSN (Print) | 1431-1941 |
| ISSN (Electronic) | 2197-716X |
Keywords
- Platforms
- Ecosystems
- Born global
- Business model
- RBV
- Entrepreneur
- International
ASJC Scopus subject areas
- General Business,Management and Accounting