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Liminal movement by digital platform-based sharing economy ventures: The case of Uber Technologies

Garud, Raghu - ; Kumaraswamy, Arun - ; Roberts, Anna - ; Xu, le - ;

Research Summary: We explore the challenges that digital platform-based sharing economy ventures confront in establishing legitimacy for their business models by examining the dynamics that ensued when Uber Technologies deployed its ridesharing business model in four U.S. cities. Uber entered each city to jump-start network effects by establishing cognitive legitimacy while deepening a sociopolitical legitimacy crisis that emerged due to mismatches between its business model and existing regulations. Operating between existing categories, Uber used a series of interrelated market and nonmarket strategies, which we label as liminal movement, to generate cognitive and sociopolitical legitimacy.

Managerial Summary: Sharing economy ventures based on digital platforms confront market and institutional challenges in each context they enter. On entry, these ventures must rapidly build an ecosystem of users and service providers, and engage with local regulators, administrators, and social groups in order to gain acceptance. The key to a venture's survival and success is liminal movement or in other words, its ability to adapt its digital platform and business model to continually leverage opportunities and address concerns as they emerge.


Ketersediaan

Call NumberLocationAvailable
PSB lt.2 - Karya Akhir1
PenerbitUSA: Strategic Management Society 2022
EdisiVol. 43 Issue 3, Mar 2022
SubjekBusiness models
Sharing economy
Ecosystem
Platforms
ISBN/ISSN1097-0266
KlasifikasiNONE
Deskripsi Fisik290 p.
Info Detail SpesifikStrategic Management Journal
Other Version/RelatedTidak tersedia versi lain
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  • Liminal movement by digital platform-based sharing economy ventures: The case of Uber Technologies

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