Addressing Voids: How Digital Start-ups in Kenya Create Market Infrastructure

Addressing Voids: How Digital Start-ups in Kenya Create Market Infrastructure
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解决空白:肯尼亚的数字初创企业如何创建市场基础设施

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发表时间:
2017
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通讯作者:
Marissa Drouillard
Marissa Drouillard
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作者:
Marissa Drouillard

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本章介绍了一个新的概念--支持市场的数字平台。通过使用强调显著市场低效的市场结构框架--也称为制度空白--我们发现,南北半球的数字平台对高效市场基础设施和中介机构的发展做出了重大贡献。我们回顾了从之前对数字创业生态系统的研究中得出的肯尼亚使能市场的数字平台,寻找肯尼亚数字初创企业通过解决市场中的制度空白而取得成功的例子。作为一种范式,该框架本身具有重要的价值,可以解释关于初创企业如何通过提供数字基础设施而不是实体基础设施来创造或增强市场基础设施的变革理论。本章还提供了一个新的视角,帮助理解、概念化和评估初创企业在促进市场效率和经济活力方面的潜力。
The chapter introduces market-enabling digital platforms as a new concept. By using a market structure framework that puts emphasis on salient market inefficiencies—also known as institutional voids—we find that digital platforms in both the Northern and Southern Hemispheres have contributed significantly to the development of efficient market infrastructures and intermediaries. We review market-enabling digital platforms in Kenya elicited from previous research on digital entrepreneurship ecosystems, finding examples where Kenyan digital start-ups have achieved success by tackling institutional voids in the marketplace. The framework itself has significant value as a paradigm for explaining a theory of change about how start-ups can create or enhance market infrastructure through providing digital—rather than physical—infrastructure. The chapter also provides a new lens to help understand, conceptualize, and assess start-ups’ potential for contributing to market efficiency and economic vitality.