Platform development: Emerging insights from a nascent industry

Xiaohui Shi*, Feng Li, Pattarin Chumnumpan

*Corresponding author for this work

Research output: Contribution to journalArticle

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
JournalJournal of Management
Early online date10 Jun 2020
DOIs
Publication statusE-pub ahead of print - 10 Jun 2020

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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