In 1980, Robert Metcalfe proposed that a single fax machine on its own is useless, but the value of many fax machines connected to one another results in a network effect that increases exponentially ...

While many companies chase trends, a select few build enduring dominance through a powerful, self-perpetuating force: the network effect. But what exactly is this competitive advantage? A network ...

Network effects are the El Dorado of modern management. They enable firms to become exponentially more profitable. These are not just the 20th century network effects where the value that a user ...