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Many High-Technology Industries Are Characterized by Network Externalities

question 47

Essay

Many high-technology industries are characterized by network externalities. What are those externalities and how can they pay off?


Definitions:

Social Identities

Aspects of a person's identity that are derived from their perceived membership in societal groups, such as race, gender, nationality, etc.

Procedural Unfairness

The perception that the processes used to make decisions or resolve disputes are not impartial, transparent, or equitable.

Dissatisfied

A state or feeling of discontent or unhappiness with something, often used in the context of job dissatisfaction among employees.

Emotional Labour

The act of regulating emotions and expressions to meet the emotional demands of a profession.

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