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Platforms: Types, Governance, and Value Distribution

In: Co-Innovation Platforms

Author

Listed:
  • Tammy L. Madsen

    (Santa Clara University)

  • David Cruickshank

    (SAP)

Abstract

Platforms facilitate connections between people and organizations so that they can pursue an array of unique complementary relationships that otherwise might not be feasible. While the platform concept has a rich history, two prominent types of platforms have emerged, transaction platforms and innovation platforms. We introduce one type of innovation platform, a co-innovation platform, where the primary strategic objective is facilitating innovation via collaborative arrangements among external actors as well as with the platform. This chapter explores four key questions: (1) What are the prominent types of platforms and how do they differ?; (2) How does a co-innovation platform create and distribute value?; (3) What factors underlie an effective co-innovation platform strategy?; and (4) What governance mechanisms are critical to developing and maintaining a successful co-innovation platform?

Suggested Citation

  • Tammy L. Madsen & David Cruickshank, 2022. "Platforms: Types, Governance, and Value Distribution," Springer Books, in: Co-Innovation Platforms, chapter 0, pages 21-49, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-75977-3_2
    DOI: 10.1007/978-3-030-75977-3_2
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