Course Contents
Foundations of the Internet economy: Characteristics of digital goods, chances and risks of offering digital goods (digital value chains, digital rights management, multi-channel management), network effects, economics of standardization, example: digital books
Economic principles of the software industry: market overview, strategies for the software industry (cooperations and acquisitions, software clusters, distribution and pricing strategies), specific topics (platform strategies, software as a service, cloud computing)

Additional Information
After the courses the students are able to
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[*]    understand the principles of Internet Economics from both a theoretical and practical point of view.
[*]    understand the main challenges for suppliers of digital goods, particularly with regard to the cost structure.
[*]    understand the main challenges as well as the potential of the internet for vendors of digital goods.
[*]    identify and evaluate the essential influencing factors of strategies for vendors of digital goods.
[*]    understand strategies and business models of software vendors.
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Semester: WT 2023/24