Facebook's business model was novel at market entry because it offered a more efficient form of information exchange, and it utilized indirect network effects by attracting users who acted as both producers and consumers of content, which discouraged migration to other providers.

Authors

• Person: Not available Organization: Springer
  Business ecosystems as a way to activate lock-in in business models

Sources

• Business ecosystems as a way to activate lock-in in business models link.springer.com Springer via serper

Referenced by nodes (3)

• business model concept
• Facebook entity
• indirect network effects concept