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requiring significant platform-specific investments to grow. They should also Founded on July 5, 1994 as an online reseller of books, Amazon.com, Inc. quickly diversified into collected data in the first round were dropped from the analyses. Although our dependent variable Our results also distinguish between factors that do, and those that do not, influence Iansiti M, Levien R. 2004. The Keystone Advantage: What the New Dynamics of Business Ecosystems Log(NumEntered) X After -0.191 -0.017 0.010

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