Platform development: Emerging insights from a nascent industry

Xiaohui Shi*, Feng Li, Pattarin Chumnumpan

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

18 Citations (Scopus)
3 Downloads (Pure)

Abstract

This article investigates the emergence and development of the innovation platform in a nascent industry, through a dynamic capabilities perspective. Based on an inductive study of the U.K.’s tele-rehabilitation through gaming (TRTG) industry, we identify four capabilities that are important for successful platform development: innovation leverage, market exploration, quality control, and appropriation. A holistic framework is developed to explain how these capabilities can facilitate platform development by enabling appropriate business models and activities. We then discuss how a firm could define and redefine its firm boundary in order to deploy the four capabilities for platform development.

Original languageEnglish
Pages (from-to)2037-2073
Number of pages37
JournalJournal of Management
Volume47
Issue number8
Early online date10 Jun 2020
DOIs
Publication statusPublished - 1 Nov 2021

Bibliographical note

Acknowledgements: This work was supported by the UK Technology Strategy Board (TSB) with ESRC and NIHR under the Assisted Living Innovation Platform Programme, reference number TP 2377-25137. We are grateful to our editor and the anonymous reviewers for their constructive comments. All omissions and errors remain our own.

Keywords

  • innovation platform
  • dynamic capabilities
  • nascent industry
  • TRANSACTION COSTS
  • MARKETS
  • DYNAMIC CAPABILITIES
  • NETWORKS
  • DIGITAL INNOVATION
  • ENTREPRENEURSHIP
  • EVOLUTION
  • BOUNDARY RESOURCES
  • COMPETITION
  • FIRM

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