Networked Business Model Development In An Emerging Business Field
Source: University of Oulu
Emerging technologies present many opportunities for new business creation but also pose many challenges. A variety of actors and roles need to be identified and organized into business nets to develop and commercialize new technological solutions. In parallel, new business models need to be developed in the nets to create value for the actors. However, there is a lack of studies on new business creation and the development of such networked business models. Thus, this paper focuses on the formation of networked business models for emerging technology-based services, and aims to elaborate what elements need to be considered in developing a networked business model.