Abstract
In recent years, business models have emerged as a focal point for enterprise development; for example, the Growth Enterprise Market (GEM) has proposed a series of listing criteria for high-tech companies that includes a new business model. Venture capitalists evaluate a company in terms of its market space, business model, and management. In this context, business models play a leading role. According to research by the American Management Association, enterprises across the globe allocate less than 10 % of their total budgets to develop new business models. In contrast, 60 % of the successful innovations of American enterprises are business model innovations.
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Adapted from public information on the Internet.
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Wei, W., Zhu, W., Lin, G. (2013). Business Models and Transaction Value, Costs and Risks. In: Approaching Business Models from an Economic Perspective. SpringerBriefs in Business. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-31023-2_2
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DOI: https://doi.org/10.1007/978-3-642-31023-2_2
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