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Business Model Innovation Basics Series - Part 1: What is a Business Model?

The BMI Lab Blog

2005) that the ´failure to adequately define the market is a key factor associated with venture failure´, we identify the definition of the target customer as one central dimension in designing a new business model. WHO – Every business model serves a certain customer group (Chesbrough and Rosenbloom 2002; Hamel 2000). Magretta 2002).

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Helping discover your innovation pathway

Paul Hobcraft

I always find the post-New Year to be a reflective part of the year of reviewing, deciding, and then setting new goals. Innovation application and practice seem to have stayed stuck, largely due to how it is organized. This is a post about the sources of my knowledge that feeds my innovation passion. Let me start.

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Telehealth and COVID-19: The Global Rise of Telehealth and Advances in Digital Health Technology in the Post COVID-19 World

Yet2

COVID-19 has catapulted global telehealth to the forefront of medical care, flourishing with new and existing technologies ready for healthcare workers to use in a serious effort to combat this deadly virus in a preventative manner. A study which reviewed insurance claims data from 2005-2017 from a large private U.S.

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Smart Service Canvas

ITONICS

Services that aggregate and analyze data through intelligent technical systems or platforms to create customer value are called smart services. The service provider has to find out which Interaction Level is requested and appreciated by the customer and feasible from a technological point of view. Ecosystem Perspective.

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Why Software Won’t Eat The World

Innovation Excellence

In 2011, technology pioneer Marc Andreessen declared that software is eating the world. For all of the tech world’s astounding success, it still makes up only a small fraction of the overall economy. Successful tech companies created fabulously wealthy entrepreneurs and executives, who would in turn invest in new ventures.

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Getting to Yes Quickly: How Amazon Out-Innovates the Competition

Planview

How does tech titan Amazon out-innovate its competition time-after-time? They revolutionized the shipping and delivery business with Amazon Prime in 2005 and Prime Now years later in 2014. They have talented employees, resources, access to technology, and connections. They do one thing more frequently than most.

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New Decade, New What?

100%Open

As Wharton professor Philip Tetlock showed in a landmark 2005 study, even experts’ predictions are only slightly better than chance. Open innovation platform technology companies will continue to rationalise, merge or disappear . It’s a cautionary tale for those of us in innovation. And experts: .