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What Are the Primary Sources of Value for Network Effects

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What are the primary sources of value for network effects? Give a brief description of how each of these factors provides value for network effects.

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Definitions:

Interpersonal Communication

The process of exchanging information, feelings, and meaning through verbal and non-verbal messages between individuals.

Cultural Context

The set of social, historical, and cultural factors and conditions that influence the environment in which a person or community lives and acts.

Intercultural Communication

The exchange of information between individuals from different cultures or societal groups.

Electrical Engineering

A branch of engineering focused on the study, design, and application of equipment, devices, and systems which use electricity, electronics, and electromagnetism.

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