70% of Value in Tech is Driven by Network Effects

Admin on 27/10/2019

The Big 5 — Apple, Google, Microsoft, Facebook and Amazon — are hitting all time high valuations. Airbnb is worth more than Hilton in the private market. Uber is worth more than GM. Spotify and Dropbox IPOed in 2018, with Slack and Didi Chuxing on an IPO track. It’s fitting they should all be mentioned in the same breath, because other than Amazon, their business DNA is amazingly similar. They are all network effect businesses. And it turns out that most of the outsized returns of companies since 1994 have used network effects.

7 ways to develop innovative and living innovation ecosystems

Admin on 27/10/2019

In recent years the notion of innovation ecosystems has largely become commonplace. This can be explained in particular by the rapid emergence of the notion of open innovation. Large companies want to interact with startups and vice versa. “Innovation Labs” are flourishing in many companies and leading to the development of collaborative links with external innovation players, including startup incubators, or directly with them.