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- Economic_catalyst abstract "An economic catalyst is an entrepreneur or company that precipitates a fundamental change in business or technology. A more precise definition of a catalyst is based on the new economics of multi-sided platforms. In this literature an "economic catalyst" is an entity that has (a) two or more groups of customers; (b) who need each other in some way; but (c) can't capture the value from their mutual attraction on their own; and (d) rely on the catalyst to facilitate value-reaction reactions between them. For-profit businesses, joint ventures, cooperatives, standard-setting bodies, and governments operate catalysts.The payment card industry illustrates the concept. Diners Club was the first modern payment card, introduced in 1950. To create this product Diners Club had to get two groups of customers on board. Consumers who wanted to pay with a card and merchants who wanted to accept payment with this card. These two groups of customers each wanted the card to consummate transactions between them. Any type of dating environment also exemplifies economic catalyst. A nightclub needs men and women and facilitates their meeting and interacting.Catalysts are the businesses at the heart of the new economics of two-sided markets. They are multi-sided platforms.".
- Economic_catalyst wikiPageID "12844005".
- Economic_catalyst wikiPageLength "1593".
- Economic_catalyst wikiPageOutDegree "5".
- Economic_catalyst wikiPageRevisionID "612393405".
- Economic_catalyst wikiPageWikiLink Category:Economics_terminology.
- Economic_catalyst wikiPageWikiLink Diners_Club.
- Economic_catalyst wikiPageWikiLink Diners_Club_International.
- Economic_catalyst wikiPageWikiLink Entrepreneur.
- Economic_catalyst wikiPageWikiLink Entrepreneurship.
- Economic_catalyst wikiPageWikiLink Payment_card.
- Economic_catalyst wikiPageWikiLink Two-sided_market.
- Economic_catalyst wikiPageWikiLink Two-sided_markets.
- Economic_catalyst wikiPageWikiLinkText "Economic catalyst".
- Economic_catalyst wikiPageWikiLinkText "catalyst".
- Economic_catalyst wikiPageWikiLinkText "catalytic".
- Economic_catalyst wikiPageWikiLinkText "economic catalyst".
- Economic_catalyst hasPhotoCollection Economic_catalyst.
- Economic_catalyst wikiPageUsesTemplate Template:Refimprove.
- Economic_catalyst wikiPageUsesTemplate Template:Reflist.
- Economic_catalyst subject Category:Economics_terminology.
- Economic_catalyst hypernym Entrepreneur.
- Economic_catalyst type Article.
- Economic_catalyst type Person.
- Economic_catalyst type Article.
- Economic_catalyst comment "An economic catalyst is an entrepreneur or company that precipitates a fundamental change in business or technology. A more precise definition of a catalyst is based on the new economics of multi-sided platforms.".
- Economic_catalyst label "Economic catalyst".
- Economic_catalyst sameAs m.02x795g.
- Economic_catalyst sameAs Q5333442.
- Economic_catalyst sameAs Q5333442.
- Economic_catalyst wasDerivedFrom Economic_catalyst?oldid=612393405.
- Economic_catalyst isPrimaryTopicOf Economic_catalyst.