Business Model Innovation in the Digital Economy

Business Model Innovation in the Digital Economy

Chung-Shing Lee (Pacific Lutheran University, USA)
DOI: 10.4018/978-1-59140-553-5.ch059
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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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