Business Model Innovation in the Digital Economy

Chung‐Shing Lee

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Digital Innovation in Industries Business Strategies and Innovation Digital Platforms and Economics

Abstract

Most Internet ventures failed because they did not have viable business models and sustainable long-term strategies. Their business models failed to satisfy the two fundamental questions associated with the characteristics of the Digital Economy (Lee & Vonortas, 2004).

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References

1937The Nature of the Firm 1987The Economic Institutions of Capitalism 1976Markets and Hierarchies: Analysis and Antitrust Implications.1988The Theory of Industrial Organization 2000Information Rules: A Strategic Guide to the Network Economy 1995Disruptive technologies: catching the wave 2000Supply Chain Management: Strategy, Planning and Operations 1998Business Models for Electronic Markets

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2019Digital Transformation: Digital Leadership Role in Developing Business Model Innovation Mediated by Co-Creation Strategy for Telecommunication Incumbent Firms 2009An integrated framework for managing knowledge-intensive service innovation 2007An Integrated Framework for Managing Service Innovation 2011Service Business Model Innovation: A Conceptual Model and a Framework for Management Consulting

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