There are a number of different ways for businesses to generate competitive advantages, but few are as valuable as the network effect. Network effects apply not just to businesses but also to ...

Jared Ecker is a researcher and fact-checker. He possesses over a decade of experience in the Nuclear and National Defense sectors resolving issues on platforms as varied as stealth bombers to UAVs.

Network effects occur when the value of a product or service increases as more users join the network, thereby profoundly influencing competitive dynamics in various industries. In network industries, ...

Forbes contributors publish independent expert analyses and insights. I write about 21st century leadership, Agile, innovation & narrative. One of the ways in which firms succeed today is through ...

High switching costs make it difficult, costly, or both for customers to switch from one supplier to another. Many software and service-related companies benefit from high switching costs; Automatic ...

The people you already know can lead you to prosperity because multiplying network connections creates a self-perpetuating cycle of growth. The Network Effect is not new, but it may be time to take a ...

As a first mover in the local-market daily deals space, Groupon has captured a leadership position, but robust profitability has not followed. While there have been some indications of improvements ...