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Discover LudwigThe phrase "by network effects" is correct and commonly used in written English, particularly in the context of technology and economics.
It refers to the phenomenon of a product or service becoming more valuable as more people use it. Example: "The success of social media platforms is largely driven by network effects, as the more users they have, the more appealing they become to advertisers."
Exact(7)
There could be efficiency losses because the division of all operating system personnel among multiple companies might disrupt engineering units and could result in unnecessary duplication; in addition, particularly in an industry characterized by network effects, rivalry among identical products tends to offer less long-run competition and consumer choice than that among differentiated products.
You're blocked out by network effects.
While FAlthoughMessenger and WhatsApp are two of the most popular apps, most people use more than one consumerations app.
Social networks may be the most valuable and durable types of businesses powered by "network effects," the phenomenon of products or services becoming more powerful the more people use them.
If one had succeeded in previous sharing behavior decisions, he (she) will follow the path of previous sharing behavior, as suggested by network effects theory (Arroyo, 2007) and path dependency (Mishina et al., 2012).
In fact, research we recently conducted around this topic showed that five-sixths of the market value generated by these leading tech players comes from businesses driven by "network effects," the phenomenon of a product or service becoming more valuable as more people use it.
Similar(53)
Social apps live and die by network effect.
Other authors argue that clustering of migrants is more likely caused by migrant network effects than by the welfare levels.
Regulatory gaming is almost a way of life in the technology industry, where monopolies are created by the network effects that drive users towards a single "platform".
That can be a problem because Google's business is helped along by significant network effects (just like the PC operating system business).
The punch line here is that the best way to get true defensibility in the digital world seems to be by using network effects.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com