Ferocious competition is the norm in most of the networked economy, says Kieran Levis, so how come it manages to throw up giants like Google and Microsoft that dominate? What is the secret of their success? eBay achieved its current status through positive feedback loops and networks.
Winner takes all in the networked economy
Ferocious competition is the norm in most of the networked economy, but a single supplier has dominated the markets for desktop software, internet search and online auctions almost from the outset....