Dominant designs emerge due to increasing returns from learning effects and network externalities. Microsoft's MS-DOS became the dominant PC operating system due to its early partnership with IBM, which allowed it to gain a large installed base and compatibility with many software applications. A technology's value comes from its standalone functionality as well as its network externality value from factors like installed base size and availability of complementary goods. Competing technologies can be evaluated based on these dimensions to determine which will become dominant at different adoption levels.
These slides show how the challenges of industry formation depend on the level of complexity in the relevant products/services and whether a critical mass of users/complementary products is needed before growth will continue. While the formation of most new industries depends on when a new technology becomes economically feasible and thus potentially provides a superior “value proposition” to an increasing number of users, industries with complex products/services or that require a critical mass of users/complementary products before growth will continue face additional challenges.
1. Standard wars and competition in technology platformsJoost Rietveld
First slide deck of six for Master's level course on Competitive Strategies Within and Between Platform Markets. This lecture introduces the concept of platform competition and discusses why there's often one dominant firm or product in technology battles.
More info: http://www.strategyguide.nl/teaching/
Draft presentation prepared for ARNIC Spring 08 Workshop on "US Digital Policy in the Global Context: Issues and Prospects Beyond 2008"
http://arnic.info/workshop08.php
(copyright 2008 by authors)
1. Industry Standard & Dominant Design
2. S-curve and Product Life Cycle
3. Multiple Dimensions of Value, Installed Base and Complementary Goods
4. Sample cases (Video industry)
- VHS vs Betamax
- HD DVD vs Blu-ray
- Netflix vs Blockbuster
- Streaming Wars
5. Tech Giants (Amazon, Microsoft, Facebook, Google and Apple)
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
These slides show how the challenges of industry formation depend on the level of complexity in the relevant products/services and whether a critical mass of users/complementary products is needed before growth will continue. While the formation of most new industries depends on when a new technology becomes economically feasible and thus potentially provides a superior “value proposition” to an increasing number of users, industries with complex products/services or that require a critical mass of users/complementary products before growth will continue face additional challenges.
1. Standard wars and competition in technology platformsJoost Rietveld
First slide deck of six for Master's level course on Competitive Strategies Within and Between Platform Markets. This lecture introduces the concept of platform competition and discusses why there's often one dominant firm or product in technology battles.
More info: http://www.strategyguide.nl/teaching/
Draft presentation prepared for ARNIC Spring 08 Workshop on "US Digital Policy in the Global Context: Issues and Prospects Beyond 2008"
http://arnic.info/workshop08.php
(copyright 2008 by authors)
1. Industry Standard & Dominant Design
2. S-curve and Product Life Cycle
3. Multiple Dimensions of Value, Installed Base and Complementary Goods
4. Sample cases (Video industry)
- VHS vs Betamax
- HD DVD vs Blu-ray
- Netflix vs Blockbuster
- Streaming Wars
5. Tech Giants (Amazon, Microsoft, Facebook, Google and Apple)
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Embracing GenAI - A Strategic ImperativePeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
1. Slide By Fajri Ansyah Putra
Standards Battles and
Design Dominance
2. WHY DOMINANT DESIGNS ARE SELECTED ?
Two of the primary sources of increasing returns are
Learning Effects
Ample empirical evidence shows that the more a technology is
used, the more it is developed and the more effective and efficient
it becomes.
Network Externalities
Many markets are characterized by network externalities, or
positive consumption externalities. Network externalities are
common in industries that are physically networked. Network
externalities also arise when compatibility or complementary goods
are important
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In 1980, Microsoft didn’t even have a personal computer (PC)
operating system – the dominant operating systemwas CP/M.
However, in IBM’s rush to bring a PC to market, they turned to Microsoft for an operating
system and Microsoft produced a clone of CP/M called “MS DOS.”
The success of the IBM PCs (and clones of IBM PCs) resulted in the rapid spread of MS DOS,
and an even more rapid proliferation of software applications designed to run on MS DOS.
Microsoft’s Windows was later bundled with(and eventually replaced) MS DOS.
Had Gary Kildall signed with IBM, or had other companies not been able to
clone the IBM PC, the software industry might look very different today!
4. MULTIPLE DIMENSIONS OF VALUE
A Technology’s Stand-Alone Value
•Includes such factors as: The functions the technology enables customers to
perform, Its aesthetic qualities, Its ease of use, etc.
•Kim and Mauborgne developed a “Buyer Utility Map” that is useful for identifying
elements of a technology’s stand-alone value:
5. MULTIPLE DIMENSIONS OF VALUE
Network Externality Value
•Includes the value created by : The size of the technology’s installed base, The
availability of complementary goods
•A new technology that has significantly more standalone functionality than the
incumbent technology may offer less overall value because it has a smaller installed
base or poor availability of complementary goods.
•To successfully overthrow an existing dominant technology, new technology often
must either offer: Dramatic technological improvement (e.g., in videogame consoles, it
has taken 3X performance of incumbent), Compatibility with existing installed base and
complements
6. MULTIPLE DIMENSIONS OF VALUE
Competing for Design Dominance in Markets with Network Externalities
•We can graph the value a technology offers in both standalone value and
network externality value:
7. MULTIPLE DIMENSIONS OF VALUE
•We can compare the graphs of two competing technologies, and identify
cumulative market share levels (installed base) that determine which technology
yields more value.
•We can compare the graphs of two competing technologies, and identify
cumulative market share levels (installed base) that determine which technology
yields more value.
8. Are Winner-Take-All Markets Good for Consumers?
Economics emphasizes the benefits of competition.
However, network externalities suggest users sometimes get more
value when one technology dominates.2
1
Should the government intervene when network externalities
create a natural monopoly?3
Network externality benefits to customers rise with cumulative
market share
Potential for monopoly costs to customers (e.g., price gouging, restricted
product variety, etc.) also rise with cumulative marketshare.5
4
9. Blu-Ray versus HD-DVD: A Standards Battle in High-Definition Video
From 2003 to 2008, Sony and Toshiba waged a high-stakes war
for control over the next generation video format.
Toshiba’s HD-DVD had the backing of the DVD Forum, making it the “official”
successor to the DVD format.
Both companies lined up major movie studios and video game consoles to promote their
standards (Sony’s Playstation 3 and Microsoft’s Xbox 360).
Sony’s Blu-Ray technology was backed by a consortium
that included Philips, Matsushita, Hitachi, and others.
In January 2008, Time Warner’s announcement that it would support Blu-Ray instead of HD DVD
triggered a chain reaction that collapsed the support for HD-DVD. Toshiba announced it would cease
production of HD-DVD equipment in February of 2008.