• What The Emergence of the Platform Economy Means for Businesses

    2 days ago - By Business 2 Community

    Geralt / Pixabay
    Make no mistake about it. We live in a world where the “the platform platform economy” isn't just disruptive , it's killing long-lasting and successful business models. Amazon shook up the retail industry, Napster and iTunes decimated the music industry, Uber and Airbnb are radically changing the transportation, hotel and travel industries.
    But, what exactly is the “the platform economy” and how is it impacting businesses?
    The Rise of the Platform Economy
    MIT Professor Michael Cusumano offers a pretty clean definition :
    “A platform or complement strategy differs from a...
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