Massachusetts Institute of Technology
The Chicken or the Egg Problem : strategies for populating multi-sided business platforms
Abstract
dc:description.abstractPlatform businesses such as Google, Amazon, VISA and Apple are major players in today's economy. But how do platform businesses start? Why would a customer visit Amazon Marketplace if there were no products, and why would businesses sell products on Amazon if there were no customers? This is a critical challenge for new platforms, and is known as the Chicken or the Egg Problem. This paper explores both successful and unsuccessful previous attempts to solve this challenge, identifies critical strategies that were used, and outlines recommendations for future platform businesses.
Degree
thesis:*- Name thesis:degree_name
- Master
- Department dc:contributor.department
- Massachusetts Institute of Technology. Engineering and Management Program
- Grantor dc:publisher
- Massachusetts Institute of Technology
- Year dc:date.issued
- 2020
Author and committee
dc:creator, dc:contributor.*- Author dc:creator
-
- Cunningham, Andrew, S.M. (Andrew James) Massachusetts Institute of Technology.
- Advisor dc:contributor.advisor
-
- Michael A. Cusumano.
Subjects
dc:subject × 2Rights
dc:rights- Statement dc:rights
-
- MIT theses may be protected by copyright. Please reuse MIT thesis content according to the MIT Libraries Permissions Policy, which is available through the URL provided.
- Licence dc:rights.uri
- Language dc:language.iso
- eng
Identifiers
dc:identifier.*- Handle dc:identifier.uri
- https://hdl.handle.net/1721.1/132815
- OAI identifier oai:identifier
- oai:dspace.mit.edu:1721.1/132815