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Opportunities in the Network Age

8 September, 2015 - 18:13

Editor: Leyland Pitt (Simon Fraser University, Canada)

Learning Objectives

  • Define a business opportunity, especially in a business to customer setting
  • Understand what is mean by the “new five forces” and how these forces generate business opportunities
  • Explain Moore’s Law and its effects
  • Explain Metcalfe’s Law, and how it operates in network settings
  • Understand “Coasian”, or transaction cost economics, and how innovations in communication technologies affect the costs of firms and markets
  • Understand and explain the “flock of birds” and “fishtank” phenomena