claim
Business model theory identifies five primary lock-in mechanisms to protect pioneering firms against imitation: brand loyalty, sunk costs, direct network effects, indirect network effects, and 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 (6)
- business model theory concept
- indirect network effects concept
- sunk costs concept
- data network effects concept
- lock-in mechanisms concept
- customer loyalty concept