Network Science Special Seminar: Platform Business Models (Dec. 4, 2019)

Network Science Special Seminar: Platform Business Models (Dec. 4, 2019)

Talk Summary: 

Network Science Special Seminar: Platform Business Models

Five of the 10 most valuable companies in the world today operate under a platform business model: Apple, Alphabet (Google), Amazon, Facebook, and Microsoft. Multisided platforms facilitate interactions or transactions between parties. At their core, they leverage network effects—positive externalities—to generate win-win situations for their suppliers and consumers. In this special topics seminar I will introduce platform business models, how they are based on network science, and provide examples. We will discuss how traditional products and services can be turned into platforms.

Speaker: 
Christoph Riedl
Bio: 
Christoph Riedl is associate professor for Information Systems and Network Science at the D’Amore-McKim School of Business at Northeastern University. He hold a joint appointment with the Khoury College of Computer Sciences and is a core faculty member at the Network Science Institute. He is a fellow at the Institute for Quantitative Social Science (IQSS) at Harvard. He is recipient of a Young Investigator Award (YIP) from the Army Research Office (ARO) for his work on social networks in collaborative decision-making. Before joining Northeastern University he was a post-doctoral fellow at Harvard Business School and IQSS. He received a PhD in Information Systems from Technische Universität München (TUM), Germany in 2011, a MSc in Information Systems in 2007, and a BSc in Computer Science in 2006. His research interests are to understand how social and economic networks shape collaboration and decision-making on the individual, group, and community level.