This article takes stock of the literature around digital platforms and shows how this review can inform policy choices in developing countries. Through the review, this article sets a research agenda for platforms in emerging markets. Four elements are specifically analyzed. First, the definition of multisided platforms; second, technology and behavioral enablers; third, the emerging business models; and, fourth, platform dynamics. Each of these elements is assessed in terms of its relevance in emerging and developing countries. Policy implications for development are also highlighted, building the foundations for a new research agenda.
Purpose
This paper aims to test the “winner-takes-all” vs the “winner-takes-some” scenarios in digital platform competition dynamics in emerging markets.
Design/methodology/approach
This paper uses an analytical reference framework to assess the emergence of digital platforms in Russia, including four elements: definition of multi-sided platforms (MSPs), platform enablers, business models and competitive dynamics.
Findings
This paper concludes that Russia shows that a healthy competition between national and foreign MSPs led to the emergence of a shared equilibrium, where local platforms were able to retain a significant, often majority, share vis-à-vis foreign and global platforms.
Research limitations/implications
This paper stands as a counterpoint to the widespread conviction that digital platform dynamics will result into a “winner-takes-all” scenario and dominance of global platforms.
Practical implications
This case study offers practical data and analysis that can be used to create a baseline and evaluate the dynamics of digital platforms in emerging markets. It offers data, trends and evidence on Russia’s digital economy.
Social implications
This research provides a logical framework to help policymakers take decisions on a policy framework to regulate platforms in emerging markets. The good outcome of competition between local and foreign platforms should emerge as a policy objective to achieve in most emerging markets.
Originality/value
This case study is the first baseline to assess the dynamics of competition between national and foreign digital platforms in the Russian market. It is one of the first papers to tackle the market of digital platforms in an emerging and developing economy. It tries to address the debate between “winner-takes-all” and “winner-takes some” competition equilibrium through a concrete case study in an important G20 emerging market economy.
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