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Platform Business Models and Service Innovation: A Comprehensive Review of Digital Ecosystems

Platform Business Models and Service Innovation: A Comprehensive Review of Digital Ecosystems

Nitish Kumar Minz, Anshika Prakash, Meenal Arora, Rishi Chaudhary, Saurav Dixit
Copyright: © 2024 |Pages: 14
ISBN13: 9798369320198|ISBN13 Softcover: 9798369346884|EISBN13: 9798369320204
DOI: 10.4018/979-8-3693-2019-8.ch002
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MLA

Minz, Nitish Kumar, et al. "Platform Business Models and Service Innovation: A Comprehensive Review of Digital Ecosystems." Innovative Technologies for Increasing Service Productivity, edited by Sridhar Manohar, et al., IGI Global, 2024, pp. 27-40. https://doi.org/10.4018/979-8-3693-2019-8.ch002

APA

Minz, N. K., Prakash, A., Arora, M., Chaudhary, R., & Dixit, S. (2024). Platform Business Models and Service Innovation: A Comprehensive Review of Digital Ecosystems. In S. Manohar, A. Mittal, S. Raju, & A. Nair (Eds.), Innovative Technologies for Increasing Service Productivity (pp. 27-40). IGI Global. https://doi.org/10.4018/979-8-3693-2019-8.ch002

Chicago

Minz, Nitish Kumar, et al. "Platform Business Models and Service Innovation: A Comprehensive Review of Digital Ecosystems." In Innovative Technologies for Increasing Service Productivity, edited by Sridhar Manohar, et al., 27-40. Hershey, PA: IGI Global, 2024. https://doi.org/10.4018/979-8-3693-2019-8.ch002

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Abstract

Platform business models have emerged as transformative forces in various industries, reshaping the way services are delivered and consumed. This comprehensive research paper delves into the dynamics of platform-based service innovation and its profound impact on modern economies. The authors provide an in-depth exploration of platform business models, their pivotal role in enabling service innovation, and the evolution of digital ecosystems. Through an extensive literature review, case studies, and empirical analysis, we examine the key drivers, challenges, and opportunities associated with platform business models. Additionally, the authors investigate the implications of platform-based service innovation for stakeholders, including businesses, consumers, and policymakers. This chapter offers valuable insights into the multifaceted world of platform business models and their far-reaching influence on the future of service industries and economic growth.

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