Business Model Innovation Basics Series - Part 1: What is a Business Model?
The BMI Lab Blog
JUNE 29, 2022
However, very few managers are able to explain their company’s business model ad-hoc, and even fewer can define what a business model actually is in general. 2008), or, more simply, the value proposition (Teece 2010). According to the degree of innovation, innovations can be divided into evolutionary and disruptive innovations.
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