Co-evolution of three mega-trends nurtures un-captured GDP : Uber's ride-sharing revolution
Uber used a disruptive business model driven by digital technology to trigger a ride-sharing revolution. The institution- al sources of the company’s platform ecosystem architecture were analyzed to explain this revolutionary change. Both an empirical analysis of a co-existing development trajectory with taxis and institutional enablers that helped to create Uber’s platform ecosystem were analyzed. The analysis identified a correspondence with the “two-faced” nature of ICT that nurtures uncaptured GDP. This two-faced nature of ICT can be attributed to a virtuous cycle of decline in prices and an increase in the number of trips. We show that this cycle can be attributed to a self-propagating function that plays a vital role in the spinoff from traditional co-evolution to new co-evolution. Furthermore, we use the three mega-trends of ICT advancement, para- digm change and a shift in people’s preferences to explain the secret of Uber’s system success. All these noteworthy elements seem essential to a well-functioning platform ecosystem architecture, not only in transportation but also for other business institutions. ...
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Watanabe, Chihiro; Naveed, Kashif; Neittaanmäki, Pekka (Pergamon, 2016)Uber used a disruptive business model driven by digital technology to trigger a ride-sharing revolution. The institutional sources of the company’s platform ecosystem architecture were analyzed to explain this revolutionary ...
ICT-driven disruptive innovation nurtures un-captured GDP : Harnessing women's potential as untapped resources Watanabe, Chihiro; Naveed, Kashif; Neittaanmäki, Pekka (Pergamon Press, 2017)The harnessing of untapped resources has become essential for inclusive growth in digital economies particularly as developed economies continue to age demographically. The harnessing of women's potential is an urgent ...
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