Less popular open source products are not likely to attract the community of users and contributors necessary to help improve these products over time. This situation reiterates the belief that _____ are a key to success.

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21-07-2022
Social Studies

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Less popular open source products are not likely to attract the community of users and contributors necessary to help improve these products over time. This situation reiterates the belief that _____ are a key to success.

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Tutorconsortium361 Tutorconsortium361 · Answer 1 · 2022-08-02T13:11:06+02:00

This situation reiterates the belief that network effects are a key to success.

What are network effects?

A network effect is a phenomenon by which the value or utility a user derives from a good or service depends on the number of users of compatible products. The term "network effect" refers to any situation in which the value of a product, service, or platform depends on the number of buyers, sellers, or users who leverage it. The majority of the time, positive network effects lead to a user getting more value out of a product when other users join the same network.

Direct, two-sided, and local network impacts are the three main forms that can expand your product's user base and value.

To learn more about network effect from the given link:

https://brainly.com/question/27597063

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