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BUSINESS MODEL INNOVATION OF PLATFORM STARTUPS in the context of Digital Transformations Research project INTERNATIONAL BUSINESSEvgeniya Belolipetskaya Student ID: 18142001Supervisor: Fabian ArmendarizSchool
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Start by identifying your current business model and understanding its strengths and weaknesses.
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Any business looking to stay competitive in a rapidly changing market.
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Startups aiming to disrupt traditional industries or create new markets.
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Business model innovation refers to the process of creating, adapting, or improving a business model in order to achieve better results or gain a competitive advantage.
Any company or organization that wants to stay competitive and relevant in the market is encouraged to explore business model innovation.
You can fill out a business model innovation by conducting research, brainstorming ideas, testing different models, and implementing the chosen model.
The purpose of business model innovation is to drive growth, increase revenue, reduce costs, improve customer experience, and maintain competitiveness.
Information such as the current business model, proposed changes, expected outcomes, implementation plan, and risk assessment must be reported on business model innovation.
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