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Business Model Innovation in the Digital Economy

Business Model Innovation in the Digital Economy

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Author(s): Chung-Shing Lee (Pacific Lutheran University, USA)
Copyright: 2005
Pages: 8
Source title: Encyclopedia of Information Science and Technology, First Edition
Source Author(s)/Editor(s): Mehdi Khosrow-Pour, D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-59140-553-5.ch059

Keywords: Information Resources Management / Information Science Reference / Library & Information Science

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Abstract

Most Internet ventures failed because they did not have viable business models and sustainable long-term strategies. Their business models failed to satisfy the two fundamental questions associated with the characteristics of the Digital Economy (Lee & Vonortas, 2004).

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