What role do network effects play in the industry life, Operation Management

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What role do network effects play in the industry life

1. What role do network effects play in the industry life cycle?

2. Why is the development of standards (dominant design) an important driver in the industry life cycle?

3. Why do firms need "absorptive capacity"?

4. How do firms develop sustainable competitive advantages in an industry where technological changes happen in rapid succession?

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Operation Management: What role do network effects play in the industry life

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