Valuation of Network Effects in Software Markets A Complex Networks

The customer base is an important value driver of software companies and a reliable prediction of its development is fundamental for investment decisions. A particularity in software markets is that an individual’s purchasing decision is often influenced

  • PDF / 4,959,036 Bytes
  • 309 Pages / 439.37 x 666.142 pts Page_size
  • 81 Downloads / 204 Views

DOWNLOAD

REPORT


For further volumes: http://www.springer.com/series/1505

Andreas Kemper

Valuation of Network Effects in Software Markets A Complex Networks Approach

Dr. Andreas Kemper Azaleenweg 114 60433 Frankfurt Germany [email protected]

ISBN 978-3-7908-2366-0 e-ISBN 978-3-7908-2367-7 DOI: 10.1007/978-3-7908-2367-7 Springer Heidelberg Dordrecht London New York Library of Congress Control Number: 2009934496 Diss., European Business School (EBS), 2009, 154 # Springer-Verlag Berlin Heidelberg 2010 This work is subject to copyright. All rights are reserved, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilm or in any other way, and storage in data banks. Duplication of this publication or parts thereof is permitted only under the provisions of the German Copyright Law of September 9, 1965, in its current version, and permission for use must always be obtained from Physica-Verlag. Violations are liable to prosecution under the German Copyright Law. The use of general descriptive names, registered names, trademarks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. Cover design: SPi Publisher Services Printed on acid-free paper Physica-Verlag is a brand of Springer Springer is part of Springer Science+Business Media (www.springer.com)

Preface

This book is the product of my research at the Endowed Chair of Corporate Finance and Capital Markets at the European Business School. Many people devoted their inspiration, time, and knowledge in order to support me with my interdisciplinary research. Thank you all for your support. Especially, I thank my academic supervisor Prof. Ulrich Hommel, Ph.D., who provided me with the freedom to pursue my research interests and who always supported me generously. In addition, I am very grateful to my co-supervisor Prof. Dr. Susanne Strahringer (TU Dresden), who graciously accepted the task of refereeing my book. Also, I thank Prof. Dr. Matthias Krause of the Chair for Theoretical Computer Science in Mannheim for the technical and computer scientific support. During my research visits I received generous support from Prof. Yaneer BarYam (NECSI and Harvard) and Prof. John D. Sterman (MIT), who introduced me to the field of System Dynamics and Complex Systems, as well as from Prof. Victor Mossotti (U.S. Geological Survey), Prof. Hiroki Sayama (NECSI and Binghamton), Prof. Markus de Aguiar (Universidade Estadual de Campinas), Prof. Michel Baranger (MIT), Prof. Jay W. Forrester (MIT), and Prof. Brian D. Josephson (Cambridge). Thank you very much for numerous inspiring discussions. Many other people supported the development of my ideas. Accordingly, I am particularly grateful that I had Dirk Stegemann, Alexander Becker, Dr. Alexander Falkenberg, Oliver Gaberle, Frederik Kruska, Dr. Benjamin Gansel, Dr. Matthias E