NAVIGATING THROUGH THE OCEAN OF PLATFORM ECONOMY Cover Image

NAVIGATING THROUGH THE OCEAN OF PLATFORM ECONOMY
NAVIGATING THROUGH THE OCEAN OF PLATFORM ECONOMY

Author(s): Maya Ivanova
Subject(s): Economy, Tourism
Published by: Икономически университет - Варна
Keywords: platform economy; networks; platforms, software
Summary/Abstract: Internet-based platforms are part of the digital revolution, disrupting most of the traditional industry sectors. A compilation of software, transactions and networks, the platforms proliferated almost all sides of everyday life, thus forming a fully integrated ecosystem called “Platform economy”. The current paper explores the essential functions of platforms and the main components in the platform economy - participants, transactions and interactions. The main goal is to provide insights about the definitions, current issues and directions for future research.