Sure, Network Effects Are Valuable, but Why? List the Three

question 33

Essay

Sure, network effects are valuable, but why? List the three sources of the value (cited in our textbook & in class) that fuel the competitive advantage of network effects.

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Definitions:

Lone Pair Electrons

Electron pairs in the outermost shell of an atom that are not shared or bonded with another atom, influencing molecular shape and reactivity.

Pyridine

A basic heterocyclic organic compound with the chemical formula C5H5N, resembling benzene but having a nitrogen atom replacing one of the carbon atoms.

Orbital

A region in an atom where there is a high probability of finding electrons.

Increasing pKa

This refers to the process or trend of increasing the acidity constant (pKa), indicating a decrease in acid strength.