claim
A pioneer firm can defend against imitators by activating lock-in mechanisms within its business model architecture, specifically through sunk costs, direct network effects, indirect network effects, or data network effects.
Authors
Sources
- Business ecosystems as a way to activate lock-in in business models link.springer.com via serper
Referenced by nodes (5)
- lock-in concept
- business model architecture concept
- indirect network effects concept
- sunk costs concept
- data network effects concept