An increasing proportion of transactions in two-sided markets are being mediated by online platforms. Presumably, agents choose to use online platforms because they have a lower transaction cost technology compared to alternatives. I use data from a growing online platform that matches travelers...

In the context of increasingly globalized markets, ever more complex supply chains and international manufacturing networks, corporate decision-making processes involve more and more actors, variables and criteria. This is a challenge for corporate head quarters. Many have argued that the role...

This paper examines the knowledge bases of the world's largest pharmaceuticals groups by sales. It puts forward the concepts of knowledge breadth and depth as the relevant dimensions along which knowledge bases can be mapped. Breadth is studied by analysing the evolution of specialisation by...

Whilst knowledge is a growing feature of corporate competitiveness and growth, it will make firms increasingly dependent on outside resources (including public and foreign resources), and will be increasingly disruptive to their internal organisation. This is because knowledge is increasingly...

This empirical paper analyses the importance of information and communications technologies (ICT) in the technological diversification trend among the world's large industrial firms. The objective of the research is twofold. First, to emphasise the emerging differences among technologies when...

This paper builds upon on-going research into the organisational implications of 'modularity'. Advocates of modularity argue that the Invisible Hand of markets is reaching activities previously controlled through the Visible Hand of hierarchies. This paper argues that there are cognitive limits...

We study how net neutrality regulations affect high-bandwidth content providers’ investment incentives in quality of services (QoS). We find that the effects crucially depend on network capacity levels. With a limited network capacity, the prioritized delivery services are complements to...

How much are we influenced by an author's identity? If identity matters, is it because we have a ``taste for status" or because it offers a useful shortcut --- a signal that is correlated with the likely importance of their ideas? This paper presents evidence from a natural experiment that took...

Many technology studies have conceptualized transitions between technological generations as a series of S-curve performance improvements over time. Surprisingly, the interregnum between successive technological generations has received little attention. To understand what happens in the...