Seite - 92 - in Digital Entrepreneurship - Impact on Business and Society
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capital, the market entry strategy, and the characteristics of its competitive posi-
tioning. In the stage of problem–solution fit, the platform entrepreneur has the
opportunity to explore existing alternatives of the solution with qualitative inter-
views or based on a search engine keyword analysis. After the validation of the
solution, theMVPversion of the platform is developed and early adopters can be
interviewed to identify use cases thatmake them turn away from the platform.As
suggested before, platformmanipulation, market interaction, and ecosystem gov-
ernance are essential actions to create and capture value from theplatformbusiness
model. The validation of the design of platformmanipulation, market interaction,
and ecosystemgovernance to not only create value but also to capture value is the
missing step to achieve a businessmodel fit. This is not a onetime fitting process
but a continuous optimization of the businessmodel (Fig. 4).
After achieving a business model fit, every entrepreneur should validate the
international scalability of the platform business. Due to different competitive
landscapes or environmental conditions (e.g., legal, political, or cultural), the
scaling of platform business models often encounters obstacles. Here, too, the
multi-sided platform character contributes to complexity. When entering new
markets and regions, it is therefore also important to meet different requirements.
While theuser behavior ofmobility seekers inGermany is presumablyvery similar
to the user behavior in San Francisco, the supply side ismuchmore regulated. In
addition, in the case of Uber, different cityscapes influence the localization of
passengers and drivers, and the algorithms working in San Francisco can lead to
problems in Berlin.
Fig. 4 Locationof platformcharacteristics andplatformcontrolmechanismsonventure pyramid
96 L. Göcke and P.Meier
Digital Entrepreneurship
Impact on Business and Society
- Titel
- Digital Entrepreneurship
- Untertitel
- Impact on Business and Society
- Autoren
- Mariusz Soltanifar
- Mathew Hughes
- Lutz Göcke
- Verlag
- Springer Verlag
- Ort
- Cham
- Datum
- 2021
- Sprache
- englisch
- Lizenz
- CC BY 4.0
- ISBN
- 978-3-030-53914-6
- Abmessungen
- 16.0 x 24.0 cm
- Seiten
- 340
- Schlagwörter
- Entrepreneurship, IT in Business, Innovation/Technology Management, Business and Management, Open Access, Digital transformation and entrepreneurship, ICT based business models
- Kategorie
- International