New project publication: Digital Platforms as Second-Order Lead Firms

An article co-authored by LEXSECURE project researchers Jaakko Salminen (PI & WP1) and Mika Viljanen (WP4), together with Kevin B. Sobel-Read and Klaas Hendrik Eller, has been made available online. Digital Platforms as Second-Order Lead Firms: Beyond the Industrial/Digital Divide in Regulating Value Chains appears in European Review of Private Law. The authors argue that global value chains (GVCs) and digital platforms share the challenge of adjusting regulation to a novel mode of economic organization that breaks with established cognitive frames in both law and economics, and that the industrial/digital divide could be overcome by adopting and understanding of digital platform operators as a ‘second-order lead firm’. The authors assess the compatibility of the platform economy with the reigning model of GVC capitalism and its regulatory underpinnings.

See: Jaakko Salminen, Kevin B. Sobel-Read, Mika Viljanen & Klaas Hendrik Eller: Digital Platforms as Second-Order Lead Firms: Beyond the Industrial/Digital Divide in Regulating Value Chains. European Review of Private Law, 30(6), (2022), Pre-publication. https://kluwerlawonline.com/journalarticle/European+Review+of+Private+Law/30.6%20[pre-publication]/ERPL2022049.