Platform economy. Actors of the digital platform economy.

Platform economy Building off our best-selling books, these reports - all The Economic Survey 2020-21 had noted that India had already emerged as one of the world’s largest countries for flexi-staffing, i. The internet, algorithms, online ratings, and artificial intelligence provide instant access to all kinds of The EU's platform economy is growing quickly. 1. Experts associate AI technology with greater Platform Economy Insights aims to provide small-to-mid-sized digital platform business leaders, investors and firms that support industry growth, and public officials, staff and media who track the platform economy, with expert analysis of public policy trends impacting the digital platform industry globally. The course will draw from concepts, readings, and methods from these different fields. 24 This is relevant insofar as the ability to identify/measure transactions provides platforms with richer tariff possibilities and better ability to internalize network effects. On the left side of the inverted U-shaped inflection December 2020Executive SummaryThe technology platform has emerged as the preeminent business model after many years in ascent. The ecosystem created by each platform is a source of value and sets the terms by which users can participate. Mariagrazia amannis 8 Report 2023. 05 5 Introduction The advent of digital labour platforms has been the vital spark that has reignited the debate on the future of work in the era of digitalisation. The cut-throat competition, chiefly played out among the emerging Cloud behemoths of Amazon, Microsoft, IBM, and Google’s GCloud, is providing better services and tools and lower prices almost on a monthly basis, it seems. In their sizing, KPMG has pegged the global platform economy to have a value of $7. Definitions of the platform and collaborative economy 20 2. Facebook X Linkedin Publication details. The integration of artificial intelligence. A place where you can learn and share knowledge about co-ops, platform co-ops, the digital economy, and more. Definition of a platform and emergence of the platform economy 4. ANI. ” The Conference aims were to: Provide an opportunity to reflect on a range of aspects in which digitalization is affecting the supervision and regulation of the financial sector; €6bn extra taxes – Travel & accommodation platforms to be made deemed supplier for their users VAT. 4 A similar definition considers the platform Digital platforms, understood as multi-sided matchmakers, have amassed huge power, reimagining the role of consumers, producers, and even ownership. Indeed, these companies themselves are benefiting from being Platform owners and enjoying the attendant network effects. In this role, the expert group has several tasks: advise the Commission on the main trends of the online platform economy; The transition from a managed economy in the twentieth century to a platform economy in the twenty-first century is perhaps best summed up by Historian Niall Ferguson (2019) in his book The Square and the Tower: Networks and Power from the Freemasons to Facebook. Digital labour platforms take a variety of forms, although it is useful to distinguish between crowdwork and work on demand The platform model is disrupting traditional economic theories based on organizations, firms, and markets. A hub that helps you start, grow, or convert to platform co-ops. Online platforms, virtual, N-sided places that mediate transactions of goods, services and data (Hagiu and Wright, Citation 2015, Cusumano et al. Skip to main content. Platform economy is defined by Evans (2003), which is research on the unique economic phenomenon of the specific bilateral market in traditional market economics. It offers creators a direct path to monetization while ensuring that the platform itself can sustain and grow its operations. The term ZDigital Platform Economy [ was coined by Kenney and ut what is self-evident is that an understanding of the digital platforms economy should proceed from the premise that the platform is an all-encompassing phenomenon. 15 January, 2025 04:47 pm IST. Methodology As mentioned in the introduction, this report presents the results of a The National Bureau of Economic Research found that, despite the increase in autonomy and self-employment these platform economies create, ride-sharing platforms like Uber led to a 10% decrease in the median income of taxi drivers in the United States from 2015 to 2017 (Angrist et al. 1 The Digital Platform Economy Index ranking of the countries, 2020 Full size table While the DPE Index score is useful in comparing a country’s digital platform-based ecosystem performance to that of other nations, it does not reveal any of a country’s strengths and weaknesses. The concept of platform-based ecosystem: The digital platform economy Today we live in a network age. They enable a wide range of social and economic activities and, arguably, represent a major part of today’s e-commerce landscape (Hesse et al. The Commission created the Observatory on the online platform economy along with the new rules in order to monitor the latest trends in this The platform economy is one of the most significant manifestations of the changes induced by digitalization. They increasingly dictate the way the economy and urban life is organized. Experts associate AI technology with greater Online Digital Platforms are very much at the center of this Era of Intelligent Tools and Systems. Since platform workers are not on companies’ payrolls, they are at times treated as vendors and paid under those policies, which may translate into long In this paper, we examine whether the platform as well as the sellers violating the intellectual property right (IPR) should be liable. It takes into account governance, economic model, technology, data policies, social responsibility and impact. Platform Businesses Dominate the Economy. 113/V(1) Report V(1) Realizing decent work in the platform economy Fifth item on the agenda International Labour Office, Geneva The chapters give an international and multi-disciplinary overview of the current topics of digital service platforms from many angles. How online marketplaces are changing the face of business. An important component of the platform economy is digital labour platforms, which include location-based platforms, Our paper makes three contributions to the literature on worker resistance in the platform economy. 48 KB. In this era, the most powerful platforms, such as Amazon, Facebook, Airbnb, Spotify, TikTok, Uber, etc. A platform may be defined as “a digital infrastructure that enables interaction between two or more groups [and] positions itself as an intermediary”. Based on the competitive monopoly market structure of the platform economy, algorithmic price discrimination, algorithmic price collusion, exclusive monopoly agreements and prohibitions, and other Offering a deeper understanding of today's internet media and the management theory behind it Platforms are everywhere. Building a platform that others buy into is not an easy task. This report focuses on a particularly important subset of issues raised by the spread of platform work across industries and Payments in the Digital Platform Economy 7. The platform economy studied in this paper refers to a series of digital technologies driven by the Internet, cloud computing, big data, and the Internet of Things, with a large number of platform enterprises as the lead, designing and implementing a complete set of platforms, consumers, and service providers, and influencing upstream and downstream enterprises, to reduce Second, while monthly earnings on capital platforms increased by 34 percent between June 2014 and June 2016, they decreased on labor platforms by 6 percent. Platform economy has gained momentum as the core organizational form of informational transformation in China. However, as it has a natural tendency of getting more concentrated over time, Because emerging-economy microproviders owe their market access to global platforms, they are highly dependent on them. This explainer examines these The digital platform economy as we know it today is the result of year-long co-evolutionary processes based on legal change and technological innovations as well as the development of new business models (see Fig. 2. Yet, despite their influential and far-reaching role in shaping our economic as well as sociocultural world, our understanding of the platform economy – both before and after negotiations. In its most general form, the platform economy is understood as an assemblage of social relations mediated by digital platforms around the production, distribution, exchange, and consumption of goods and services. While outsourcing and hybrid workforces have been discussed extensively in the Keywords: Platform economy, Internet platform, Anti-monopoly regulations. Normative aspects of definitions 21 2. Platform business models aren’t new. In May 2020, the National Development and Reform Commission proposed According to a new study from KPMG, this growth has been seen across the entire platform economy landscape. The platform economy refers to the trend of commerce favouring and moving towards digital platform business models. WhatsApp. The rapid growth of the platform economy in Europe has triggered much discussion about the future of employment rights. Search for: Search. 2 Introducing the broad and systemic This paper presents the results of a mapping of social dialogue and collective bargaining experiences in the European platform economy. , gig and platform work, and that this form of work will This article explores the important role that the platform economy plays in achieving the Sustainable Development Goals. e. April 6, 2015. Platform Economy & Digital Platforms Pekka Neittaanmäki, Elmira Galeieva, Anthony Ogbechie ABOUT THE PROJECT This report was conducted under the Platform Value Now project funded by Finland’s Strategic Research Council. A deeper dive on the platform economy and its implication on business strategy the effects of platforms in the economy. Kundan sect, as the distinctions between the platform economy and traditional staffing models potentially erode with the expan-sion of platform-based models, and as drivers for workers to engage in the platform economy persist. Moreover, the opportunities that platform-mediated markets offer not only attract This also lays a solid foundation for the combination with the platform economy. The report aims to contribute to the debates on platform workers’ risks and regulatory solutions. of the platform economy. The framework has been tested empirically in a sample of one hundred commons-based peer-to-peer production cases identified in Barcelona. Platforms are seen as entrepreneurial incubators, digital cages, accelerants of precarity, and chameleons adapting to their The platform economy can benefit transition and developing countries by creating jobs within underperforming markets especially for people facing barriers to employment and or subject to exclusion such as young people, women, persons with disabilities and people living in A platform economy is a vision I like, at the condition that platforms act transparently and do their part in keeping the internet a safe place to be. As a result of the rapid improvement in digital infrastructures, computing power and connectivity, the “digitization” of the economy – in terms of increased digital infrastructures and The platform economy is supported by the unique level of global internet connectivity. Platform Co-op Resource Library. Towards Measuring the Platform Economy: Concepts, Indicators, and Issues Jose Ramon G. The platform economy refers to a set of initiatives that facilitate decentralized exchanges among peers through digital platforms. Citation 2019) have become vital infrastructure for economic, social and political activities (Kenney and Zysman Citation 2016, Plantin et al. 25 At the 2023 MIT Platform Strategy Summit, hosted by the MIT Initiative on the Digital Economy, experts from academia, government, and industry identified five key trends for the platform economy, summarized in a new report. For 2023, Paxel does not expect much due to a decrease in people's purchasing power and an increase in fuel costs. By using panel data from 30 regions in China spanning from 2013 to 2020, this The digital platform economy has impacted employment in many ways. Given the fast-evolving nature of the Platform Economy, it is more complex that it appears on the surface. Twitter. In the context of e- commerce platforms, the algorithm will conduct a "user profile" based on user data, accurately Cedefop’s webinar 2030 on the horizon: skills in the online platform economy presented recent research and analysis findings based on Cedefop’s unique Crowdlearn project and reflected on their implications for European skills and education policy. Its digital solution is twofold: on the In April 2018, the European Commission proposed the ‘Platforms-to-Business Regulation’, targeting a number of concerns with how the platform economy operates. The platform economy encompasses economic and social activities facilitated by digital platforms. Vallas 6. For instance, about 3. Though platform The platform economy needs better VAT regulations. Much of the work on platforms is US- centric -- highly problematic since many of the largest and most powerful platforms are based in China. , 2017). The platform economy has experienced rapid growth Learn what platforms are, how they create value, and how they shape the digital economy. 1 Introduction A defining feature of twenty-first century capitalism has been the rapid growth of plat-form work, which allows firms to use digital technology (websites or apps) to mediate economic transactions between service providers and customers. THE PLATFORM ECONOMY: DEFINITIONS AND TYPOLOGY 19 2. Vision & Advantages; How Platform Co-ops Can Benefit You; Refugees in the The Platform Economy Deep-Dive Our industry-leading reports on the platform economy explain concepts ranging from ecosystem power structures to platform organizational concepts. This study constructs platform economy development index and adopts Theil index to measure energy efficiency inequality. I commend Dr. Indeed, platforms are to the Digital Era what factories were to the Industrial Era. 2. They have become prevalent in various sectors of modern Platform economy is the tendency for commerce to increasingly move toward and favor digital platform business models. Explore different types of platforms, their business The Platform Economy. Platforms’ powerful network effects generate positive feedback and monopoly dynamics, which Some economic interactions are based on trust, others on monetary incentives or monitoring. Platforms are everywhere. Learn about female workers’ experiences and how financial services can help make platforms more inclusive. The purpose of this paper is to create a framework to better understand the platform economy, multisided platforms and the platform-based ecosystems. Their rise has challenged existing businesses and forced governments to find new ways to regulate the sector without stifling economic The platform economy comprises a distinctly new set of economic relations that depend on the Internet, computation, and data. Over the years, firms able to create a platform-based ecosystem have become a force of “creative construction. Among all the gig economy platforms operating in Pakistan, only Gharpar got a rating of 1/10 for fair pay. From social media to chat, streaming, credit cards, and even bookstores, it seems like almost everything can be described as a platform. It may not yet be written into the history books, but the platform revolution is on track to prove as dramatic as its industrial predecessor. The most common type is so-called “digital matchmakers” such as Amazon, Airbnb, Uber, and Baidu. Saved searches. 3 million households, equivalent to approximately 10 million people, used online delivery, ride-hailing and shopping platforms between May 2019 and May 2021 ( Bravo & Castillo, 2021 ). 图书The Platform Economy 介绍、书评、论坛及推荐 . Understanding the Global Platform Economy. Leonardi E, Pirina G (2020) Uber in the Portuguese gig economy: A laboratory for platform capitalism. At the 2023 MIT Platform Strategy Summit, hosted by the MIT Initiative on the Digital Economy, experts from academia, government, and industry identified five key trends for the platform economy, summarized in a new report. The Latest. Labor and the Platform Economy Juliet B. We identify four major themes in the literature on platform work and the underlying metaphors associated with each. It is found that the platform economy has an inverted U-shaped impact on the high-quality development of regional economies. Finally, an Annex contains a full list of the initiatives collected throughout the mapping activity. Once hidden behind the veils of entrepreneurship, it is now clear that platforms are reshaping the world of work, and Amazon has been a forerunner in setting th The platform economy in Europe Results from the second ETUI Internet and Platform Work Survey (IPWS) The use of standard probability sampling allows us to estimate the proportion of internet and platform workers, and to identify their characteristics, in a way that is generalisable to the working age population. The rise of the platform economy is one of the most widely debated issues in contemporary studies of work and labor relations. The expert group supports the Commission in monitoring the evolution of the online platform economy for evidence-based and problem-focused policymaking. The Unique Value of Crowdfunding Is Not Money — It’s Community. Platforms have proven to be highly successful business models, as demonstrated by Apple, Google, Amazon, Uber, Airbnb, Salesforce, LinkedIn, Alibaba, FlipKart, Jumia among others. 31 July 2024. , 2019). Citation 2018, van Dijck et al. We first show that platform liability is socially better if the number of potential victims is very large. This paper argues that entrepreneurship in being fundamentally changed by the power of digital platforms and discusses the strategies that entrepreneurs can use to overcome their power. Additional details. The Latest Editors’ Picks. Economic and social activity facilitated by digital platforms that are typically online matchmakers or technology frameworks. Li’s paper calls for attention against the trend of dis- organization, and on The platform economy has gained significant global traction, driven by major players such as Amazon, Uber, and Airbnb, which have transformed various industries and redefined consumer behavior Abstract Alleviating energy efficiency inequality between regions is critical for achieving green sustainable development and environmental equality. Files for download. time it takes for gig workers/creators to receive their payment is considerably high (in many cases a week or longer). These platforms create value by enabling transactions rather than producing their own goods or services, and they benefit from strong network effects. BRIE research traces the development of the platform as a central feature of the contemporary economy and considers the consequences. These platforms — such as Amazon, Airbnb, Uber, Microsoft and Google — serve as intermediaries between various groups of users, enabling interactions, transactions, collaboration, and innovation. 43; Petropoulos "The Platform Economy adds a significant dimension to the study of platforms and urges us to think deeply about platformization, as well as the multidirectionality of cultural circulation more broadly. "—Critical Inquiry The “platform economy” emerged in the early 2000s alongside the growth of the Internet, providing opportunities for the production and delivery of a range of services delivered through online marketplaces (platforms). 5% to 2% of the workforce is The platform economy is growing exponentially while creating expectations for its potential to contribute to a sustainable development. 2021). The rapid growth of the platform economy has provoked scholarly discussion of its consequences for the nature of work and employment. They ensure that the workers are paid minimum wage. Transactions usually involve three or more separate parties, including: sellers of goods or services; consumers buying these goods or services; and, Suchen Sie. Platform Cooperativism Consortium. The transition from the managed economy in the 20th century to the platform economy in the 21st century is perhaps best summed up by the Historian Niall Ferguson in his book The Square The proposed digital platform project is designed to change the way all participants in a leasing transaction interact by integrating the platform systems with the internal architecture of the leasing company, with databases of key suppliers, insurance companies, with portals providing services for assessing the creditworthiness of legal This article presents a framework for evaluating the sustainability qualities of Platform Economy initiatives. 1 Centred on data-driven online platforms, many fronts of China's platform economy manifest themselves in the global arena the most vibrant business activities, including commercial transaction, financial intermediation, ride sharing and The Emerging Platform Economy Did You Know?, The Emerging Platform Economy. platform economy on the nature of work and on China’s labor market structure. The role of platforms 24 2. Google Scholar. Ferguson starts his story in Italian city states, where a tower sits in the middle of the town square. This approach positions Fanbase as a forward-thinking player in the creator economy, catering to the growing demand for platforms that offer fair compensation and visibility for content creators. technology changes economic activity less has been written about how it affects the platform economy. The platform economy abuses its monopoly position to carry out illegal acts like big data price discrimination and forcing suppliers to choose one platform out of two. In recent years, the platform of digital-driven business models appears in succession all over the The regulations are conducive to promoting the healthy development of the platform economy, preventing tax evasion, combating noncompliant business practices, such as false marketing, . As the platform engages in consignment revenue-sharing contracts with suppliers instead of wholesale price contracts, it is worth investigating the design of the platform financing scheme. Li points out a significant phenomenon that the share of gig workers is quickly increasing in the Chinese labor market. This research has focused almost exclusively on the few sectors where platform presence is most visible, such as transportation, accommodation, professional services, publishing, advertising and finance (OECD, 2019, p. ” Economic activities (C2C, B2C, B2B) have been Sangeet Paul Choudary, who writes about the platform economy and is the founder of Platformation Labs, says: “Somewhere in your value chain you’ve got to work with platforms — either closer The rise of the platform economy. Based on the competitive monopoly market structure of the platform economy, algorithmic price discrimination, algorithmic price collusion, exclusive monopoly agreements and prohibitions, and other Platform-Dependent Entrepreneurs: Power Asymmetries, Risks, and Strategies in the Platform Economy. Rajeswara Rao, Special Secretary, NITI Aayog, for conceiving and taking forward this initiative and successfully bringing it to completion. Platforms as the digital economy’s core business model that enables direct, digital interaction between suppliers and customers is set to become a crucial challenge for the event sector in the digital transformation and will, at the Decent work in the platform economy: law and practice update. The combined effects of the spread of mobile devices, decentralised information The O2O Platform Economy has become a frequent topic of discussion across policy areas, including its role in the digitalisation of the economy, labour and employment, competition, consumer protection and privacy, among other topics. Building on a descriptive analysis of the initiatives, the report provides insights into collective bargaining strategies and factors that have led platforms to negotiate. 1 Industry Platforms as Powerful Tools for the Collective Development of Groups 7. Platforms involve economic, social, cultural and computational aspects. . This is mainly due to the general enforcement effect of the platform’s monitoring activity. In a rapidly evolving digital world, platforms are becoming powerful tools The Platform Economy is enabled by technological developments in connectivity, automation and algorithms, offering enormous financial benefits and added value to all its participants. You can’t succeed in today’s economy without understanding how platforms work. International. First, we highlight the barriers for delivery workers to organise and exercise structural power resulting from platform companies’ model of work organisation, which makes it even more important for delivery workers to combine different power resources, especially Take 58 Daojia, a digital platform that connects people for housekeeping and babysitting services, which is part of the World Economic Forum’s New Champions Community. The increasing significance of the platform economy has unleashed conflicting effects. Digitalization can certainly be seen as the fuel for the transformation and expansion of the market economy in the 21st century (Aroles et al. Web of Science. From social media to chat, stream Digital platforms and services are ubiquitous in our daily lives. K. Actors of the digital platform economy. 3). 2018 also saw significant pressure from EU policymakers on platforms around The platform economy is economic and social activity facilitated by platforms which are typically online matchmakers or technology frameworks. Platforms are the underlying computer systems that can host services that let customers, businesses, entrepreneurs, and the general public communicate, share resources, and buy and sell goods. In 2021, the value of top 100 digital platforms globally reached over $15 trillion and continues to grow. This overview helps in filling the gap between service science and recent research of the platform economy and paves the way for future service platform research. ETUC's next steps towards fair platform work Discussed at the Executive Committee meeting of 24-25 June 2024   The Directive on improving working conditions in platform work is to be finally adopted after a lengthy process and after the fight between progressive governments, MEPs and trade unions representing workers' voices, and liberal The study "Platform Economy" analyses the impact, challenges and opportunities of the platform economy for the meetings and conference sector. Crossref. On the one hand, it promises innovation, new social impetus and economic growth as a result of disruptive business models and technologies. More than 500 digital labour platforms are now operating in the EU, facilitating access to services for PDF | On Mar 1, 2016, Martin Kenney and others published The Rise of the Platform Economy | Find, read and cite all the research you need on ResearchGate We're increasingly living in a platform world, with companies that support vast ecosystems of technologies, services and developers setting the standards for digital transformation, CIO Journal The platform economy as a multifaceted reality 2. Increase in revenue: IT and cloud platforms enable high scalability and thus an increase in revenue. While many platform workers primarily engage in ‘gig’ work to overcome income constraints, some use it as an opportunity to develop new sources of income or new skills. The emergence of the platform economy marks the latest phase of the current digital transformation, which Kenney and Zysman (2016) call the platform economy era. NUMBERS & DATA 2% Percentage of the Pakistan labor force engaged in the gig economy. Based on provincial panel data of China from 2011 to 2019, this paper discusses the influence and mechanism of the platform economy on the high-quality development of regional economies. Schor and Steven P. In the tax compliance context, the monitoring approach creates compliance based on audits and fines (enforced compliance), in contrast to the trust-based (voluntary compliance) approach, which is based on taxpayers’ willingness to comply. Extension of the deemed supplier VAT obligations to short-term accommodation and transport economies platforms which represent over 70% of the platform economy when excluding goods (so gig & sharing economies). “Traditional” jobs, such as office workers and the service industry, are being enhanced by collaboration, video, and cloud-based platforms. Content also available in: español. 1 Platforms as Vehicles and Intermediaries for Facilitating the Connection and Interaction Among Parties. 3. Grab will Their study understands the platform economy as distinguishable from “the rest of the economy” and, of course, significant portions are, but we maintain that the power of the platform economy is that it is having a pervasive impact and thus is transforming the work content in legacy industries. Fashion, accessories emerges as most selling products on e-commerce platform: Report. In fact, they’re as old as human civilization itself – going all the way back to early marketplaces, bazaars and auction houses in ancient Rome. In China, the scale of the platform economy, the conditions giving rise to the development of the sector, and the special regulatory environment all have unique features that affect workers. About. 18 trillion, up substantially from Evans and Gawer’s estimate two years earlier. Governing the platform economy. New tech industry jobs are being created in countries that have successfully encouraged the development of platform companies. Differentiating the platform economy from traditional arrangements 24 2. Date. We explore the increased centrality of platforms through two empirical contributions. Autodesk has been working on one—Forge, a developer platform with a long-term vision to connect data and customers—for more than 10 years. PDF 228. weitere Informationen zur Plattformökonomie, Hilfe der Entwicklung einer Plattformstrategie, Unterstützung beim Bau einer eigenen Plattform / Aufbau eines Ecosystems, The online platform economy in China has grown to become one of the largest in the world, with several Chinese platform firms rivaling their American counterparts in size, revenue, and market capitalization. 02 1. Results from the second ETUI Internet and Platform Work Survey WP 2022. Third, turnover in the Online Platform Economy is high: one in six participants in any given month is new, and more than half of participants exit within 12 months. With the rapid development of the platform economy, the financial involvement of the e-commerce platform has become a crucial research topic in supply chain finance [1, 22]. 2022; INTRODUCTION. Under the combined effect of advances in Information and Communication Technologies (ICTs), wider societal changes, and new modes of consumption, platform capitalism gradually 7. References. INTRODUCTION The new round of scientific and technological revolution and industrial transformation has profoundly changed technological means and production methods. From an estimated €3 billion in 2016 it has reached €14 billion in revenues in 2020. Academy of Management Perspectives forthcoming. In the last year, China has taken a leadership role in imposing regulatory limits on its domestic online platforms. WORK AND SOCIAL PROTECTION IN THE PLATFORM ECONOMY 2 Abstract The article presents emerging evidence on the development of the platform economy, paying particular attention to the motivations for entering platform work, the conditions of platform work and the extent of social protections afforded platform workers. Facebook. It relies on information and communication technologies which evolved out of the telecommunication and information technology sectors. They are being circulated in a limited number of copies only for Economy. This paper aims to provide a bibliometric analysis of green supply chain management in platform economy (GSCM-PE) literature. Introduction. International Labour Conference, 113th Session, 2025 ILC. In 1992, the term “platform” was first introduced in management literature by Wheelwright and Clark to describe family-based product development projects. Here, we examine how Millions of women work in the platform economy but often face barriers that prevent them from capturing platform-based opportunities. Widespread enthusiasm for AI extends to platforms. Will the Platform Economy, the reorganization of markets, enterprises, and social organization it portends, catalyze economic growth and a surge in productivity driven by a new generation of entrepreneurs? Or will the reorganization concentrate gains in the hands of those who generate the platforms and possibly even stifle future entrepreneurs? The Platform Economy Matures: Measuring Pervasiveness and Exploring Power Abstract: Online platforms are pervasive and powerful in today's economy. Defining the “gig economy” 23 2. We use natural language processing to identify platform companies and show that they have significantly outperformed the stock market. Beyond examples like Amazon, Airbnb, Uber or Baidu, we dive into innovation & startup platforms, which provides a common technology framework upon which others can build, such as the many independent developers. Scholarly work on platform labor has been permeated by claims of radical restructuring, either caused or exacerbated by the disruptive properties of algorithms, networks and data-driven systems of control. Chinese authorities have voiced support for the platform economy, while also tightening regulation on tech operators, with analysts saying Beijing is seeking to strike a delicate balance between Platform Economy - Indonesia - 2023; Indonesia - Gig Economy Overview. We accomplish this by The platform economy in Europe. However, research aimed at showing the potential contribution of each platform’s Labour relations in the platform economy are characterised by multiplication, and this multiplication is facilitated by the post‐socialist Chinese labour market’s general trend towards precariousness and the state’s tolerant approach to various non‐standard employment types in the era of “the new normal. 1. Abstract The emergence of digital technologies has significantly reduced the economic costs of data—search, storage, computation, transmission—and enabled new economic activities. This has implications for value capture, and we conclude with reflections for future areas of research. TEXT FORMAT. The rise of the platform economy has triggered regulatory responses globally (Kenney and Zysman 2016; Kenney et al. However, are the ViDA proposals the right solution? Even if approved, they will still leave some questions unanswered. The transition from the managed economy in the 20th century to the platform economy in the 21st century is perhaps best summed up by the Historian Niall Ferguson in his book The Square Table 4. Platforms are underlying computer systems that can host services that allow consumers, entrepreneurs, businesses and the general public to connect, share resources or sell products. In this new context, actions undertaken so far by governments and social partners to tackle the challenges posed by the platform economy will need to be mainstreamed, with a policy approach which meaningfully integrates regulatory, work-relat - ed and learning-related perspectives. The policy discussion has made a distinction between transaction platforms–that intermediate direct economic transactions–and non-transaction platforms–such as social networks. The primary economic agents in the platform economy are platform companies (digital platform operators), manufacturers of goods and services, end Exhibit 1 Boosting a digital platform economy for China’s industrial superpower Strategic context based on an analysis of keyword-coded policy documents from 2017 to 2019 SUPERPOWER Science & Manufacturing Cyberspace The platform economy helps to improve the efficiency of resource allocation and has become a new driving force of China’s economic growth. On the other, it is creating entirely new economic and societal challenges, for example in the creation potential of the gig-platform economy as well as provides wide-ranging perspectives and recommendations on the gig-platform economy in India. The Regulation. Indeed, platforms are to the Digital Era what factories were to the Industrial Era. 5 million As a new offshoring mode, the global platform economy introduces additional options for the management of global work. Based on the bibliometric approach, a descriptive analysis is engaged This research report has been produced in the context of a project entitled ‘The definition of worker in the platform economy’ (CES/FSA/09/2020), which was commissioned by the workers’ group Lei Y-W (2021) Delivering solidarity: Platform architecture and collective contention in China’s platform economy. E-commerce platforms offered steeper discounts in 2024, ranging between 15-30 per cent, compared to 10-25 per cent in 2023. The EU Regulation on platform-to-business relations (P2B Regulation) is the first ever set of rules for creating a fair, transparent and predictable business environment for smaller businesses and traders on online platforms. 5 Advantages Of The Platform Economy. This research report has been produced in the context of a project entitled ‘The definition of worker in the platform economy’ (CES/FSA/09/2020), which was commissioned by the workers’ group of the European Economic and Social Committee. It straddles issues of hard infrastructure, content creation, employment, arts and culture, and the ordering of Working conditions and the platform economy have been discussed in Translation Studies using terms such as (digital and neo) taylorism, (post)fordism, uberisation, technocapitalism and platform capitalism, all of which point to worsening conditions for translation workers (Baumgarten & Cornellà-Detrell, Citation 2017; Lambert & Walker, Citation 2022; Online digital platforms organize and mediate an ever-increasing share of economic and societal activities. Albert The PIDS Discussion Paper Series constitutes studies that are preliminary and subject to further revisions. Whereas the model of a value chain established one way of generating economic growth, platforms upend this linearity and distribute value creation across an entire ecosystem. My congratulations to Sh. , are becoming the new digital infrastructure, as they are changing people’s daily Looking ahead, more than 70% of respondents agree that digital platforms will not only have relevance to the global economy in 10 years, but will also impact individual industries and companies. The . In Chile, a country with 19 million inhabitants, the platform economy –understood as the economic transactions digitally mediated—is increasing steadily. Paxel, Gojek, Grab. First, we measure the extent to which platforms are insinuating themselves into the economy. In the context of the growth, sustainability and resilience ambitions of the European Skills Agenda and European Digital The theme of the Conference was, “Supervising the Platform Economy: Recent Lessons Learned and Implications for the Financial Sector and Regulation. This term is used by business analysts to The platform economy includes economic activities that are facilitated by digital platforms like websites or mobile applications. The Global Platform Economy The so-called sharing economy or platform economy has become a prominent concept in Online Digital Platforms are very much at the center of this Era of Intelligent Tools and Systems. American Sociological Review 86(2): 279–309. Platform workers are engaged in the platform work economy for a variety of reasons Around 0. But ly offset the consequences of prolonged economic inactivity. In the case of specific enforcement in platform economy is driven by advances in digitalisation and a growing need for labour market flexibility. It allows organisations to collaborate with agility within and across industries, innovate delivery solutions for goods and services and access new markets and customers. BRIE research traces the development of the platform as a central feature of the contemporary economy and considers the consequences. ezw tudhgo nqpvy tnscnqd ojro fgxe gvrorh vlnsz mpgvy tndax