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This paper aims to study the lock-in strategy adopted by firms in network industries from the perspective of network effects. By introducing the network effects theory and corresponding lock-in model, it studies the rationale and practicality of lock-in strategy in network industries. Using Tencent QQ as an example, the theoretical conclusion of lock-in is applied in specific case study. It concludes...
As the economic system gets more interconnected and complex, the conventional economics based on diminishing returns and negative feedbacks are facing tremendous challenges. Multiple-equilibria, lock-in and inefficient path dependence are often witnessed. This paper aims to study the network economic system with non-linear positive feedback from theory to application. Starting from the concept of...
It is well known that economy has developed rapidly in Eastern China since the reform and opening up, while the quality of eco-environment is becoming worse and worse. In the presented contribution, the speed and rationality of the urban growth in Suzhou city at various stages were studied, using the data of Landsat TM satellite images in 1995, 2000 and 2005. Moreover, the ecological footprint and...
Against the backdrop of widespread networks in the modern world, this paper aims to study the transformation of network economic system in general and its market structure in specific. It is organized in the mode of "concept introduction-model setup-empirical study". Starting from the concept of "network effects", it is then extended to a simplified model of market structure and...
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