Abstract
Traditionally, people once believed that business model should be static (something that is unchangeable), but in recent years, scholars have suggested that the dynamic business model of companies can bring about more lasting and more successful developments. This paper, based on Dynamic Business Model Framework, identifies and characterizes three stages: creation, extension and revision by demonstration of the change of Apple's business models. The results of the empirical analysis exhibited fully the good applicability of Dynamic Business Model Framework for characterizing business model dynamics.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.