What is a business model?

In my last post I discussed the need for business model innovation to enable entrepreneurs to find solutions to the problems and opportunities we face.  In this post I will expand on that by proposing some structure around the term business model.  Having this structure is important if business model innovation is going to beContinue reading “What is a business model?”

Business model versus technology innovation

When you mention innovation people often jump straight to R&D and think about the development of technology breakthroughs.  The key measurement often used is the amount of R&D spending per employee or number of patents.  While these are interesting measures they don’t tell the whole story.  The true questions is how much money does theContinue reading “Business model versus technology innovation”