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Sebastian Ullrich - One of the best experts on this subject based on the ideXlab platform.

  • strategic development of Business models implications of the web 2 0 for creating value on the Internet
    Long Range Planning, 2010
    Co-Authors: Bernd W. Wirtz, Oliver Schilke, Sebastian Ullrich
    Abstract:

    Abstract There is virtually a consensus that, to remain competitive, firms must continuously develop and adapt their Business models. However, relatively little is known about how managers can go about achieving this transformation, and how, and to what extent, different types of Business models should be adapted. To illustrate the differential effect of environmental changes on different Business model types, this article draws from the ‘4C’ Internet Business model typology to elaborate on how a recent wave of changes on the Internet – the emergent Web 2.0 phenomenon – is affecting each of its four Business model types. We argue that Web 2.0 trends and characteristics are changing the rules of the ‘create and capture value’ game, and thus significantly disrupt the effectiveness of established Internet Business models. Since systematic empirical knowledge about Web 2.0 factors is very limited, a comprehensive Web 2.0 framework is developed, which is illustrated with two cases and verified through in-depth interviews with Internet Business managers. Strategic recommendations on how to what extent different Web 2.0 aspects affect each Business model type are developed. Executives can use the ideas and frameworks presented in the article to benchmark their firm's efforts towards embracing the changes associated with the Web 2.0 into their Business model.

  • Strategic development of Business models: Implications of the web 2.0 for creating value on the Internet
    Long Range Planning, 2010
    Co-Authors: Bernd W. Wirtz, Oliver Schilke, Sebastian Ullrich
    Abstract:

    There is virtually a consensus that, to remain competitive, firms must continuously develop and adapt their Business models. However, relatively little is known about how managers can go about achieving this transformation, and how, and to what extent, different types of Business models should be adapted. To illustrate the differential effect of environmental changes on different Business model types, this article draws from the '4C' Internet Business model typology to elaborate on how a recent wave of changes on the Internet - the emergent Web 2.0 phenomenon - is affecting each of its four Business model types. We argue that Web 2.0 trends and characteristics are changing the rules of the 'create and capture value' game, and thus significantly disrupt the effectiveness of established Internet Business models. Since systematic empirical knowledge about Web 2.0 factors is very limited, a comprehensive Web 2.0 framework is developed, which is illustrated with two cases and verified through in-depth interviews with Internet Business managers. Strategic recommendations on how to what extent different Web 2.0 aspects affect each Business model type are developed. Executives can use the ideas and frameworks presented in the article to benchmark their firm's efforts towards embracing the changes associated with the Web 2.0 into their Business model. © 2010 Elsevier Ltd.

Saputri, Intan Dwi - One of the best experts on this subject based on the ideXlab platform.

Bernd W. Wirtz - One of the best experts on this subject based on the ideXlab platform.

  • strategic development of Business models implications of the web 2 0 for creating value on the Internet
    Long Range Planning, 2010
    Co-Authors: Bernd W. Wirtz, Oliver Schilke, Sebastian Ullrich
    Abstract:

    Abstract There is virtually a consensus that, to remain competitive, firms must continuously develop and adapt their Business models. However, relatively little is known about how managers can go about achieving this transformation, and how, and to what extent, different types of Business models should be adapted. To illustrate the differential effect of environmental changes on different Business model types, this article draws from the ‘4C’ Internet Business model typology to elaborate on how a recent wave of changes on the Internet – the emergent Web 2.0 phenomenon – is affecting each of its four Business model types. We argue that Web 2.0 trends and characteristics are changing the rules of the ‘create and capture value’ game, and thus significantly disrupt the effectiveness of established Internet Business models. Since systematic empirical knowledge about Web 2.0 factors is very limited, a comprehensive Web 2.0 framework is developed, which is illustrated with two cases and verified through in-depth interviews with Internet Business managers. Strategic recommendations on how to what extent different Web 2.0 aspects affect each Business model type are developed. Executives can use the ideas and frameworks presented in the article to benchmark their firm's efforts towards embracing the changes associated with the Web 2.0 into their Business model.

  • Strategic development of Business models: Implications of the web 2.0 for creating value on the Internet
    Long Range Planning, 2010
    Co-Authors: Bernd W. Wirtz, Oliver Schilke, Sebastian Ullrich
    Abstract:

    There is virtually a consensus that, to remain competitive, firms must continuously develop and adapt their Business models. However, relatively little is known about how managers can go about achieving this transformation, and how, and to what extent, different types of Business models should be adapted. To illustrate the differential effect of environmental changes on different Business model types, this article draws from the '4C' Internet Business model typology to elaborate on how a recent wave of changes on the Internet - the emergent Web 2.0 phenomenon - is affecting each of its four Business model types. We argue that Web 2.0 trends and characteristics are changing the rules of the 'create and capture value' game, and thus significantly disrupt the effectiveness of established Internet Business models. Since systematic empirical knowledge about Web 2.0 factors is very limited, a comprehensive Web 2.0 framework is developed, which is illustrated with two cases and verified through in-depth interviews with Internet Business managers. Strategic recommendations on how to what extent different Web 2.0 aspects affect each Business model type are developed. Executives can use the ideas and frameworks presented in the article to benchmark their firm's efforts towards embracing the changes associated with the Web 2.0 into their Business model. © 2010 Elsevier Ltd.

Oliver Schilke - One of the best experts on this subject based on the ideXlab platform.

  • strategic development of Business models implications of the web 2 0 for creating value on the Internet
    Long Range Planning, 2010
    Co-Authors: Bernd W. Wirtz, Oliver Schilke, Sebastian Ullrich
    Abstract:

    Abstract There is virtually a consensus that, to remain competitive, firms must continuously develop and adapt their Business models. However, relatively little is known about how managers can go about achieving this transformation, and how, and to what extent, different types of Business models should be adapted. To illustrate the differential effect of environmental changes on different Business model types, this article draws from the ‘4C’ Internet Business model typology to elaborate on how a recent wave of changes on the Internet – the emergent Web 2.0 phenomenon – is affecting each of its four Business model types. We argue that Web 2.0 trends and characteristics are changing the rules of the ‘create and capture value’ game, and thus significantly disrupt the effectiveness of established Internet Business models. Since systematic empirical knowledge about Web 2.0 factors is very limited, a comprehensive Web 2.0 framework is developed, which is illustrated with two cases and verified through in-depth interviews with Internet Business managers. Strategic recommendations on how to what extent different Web 2.0 aspects affect each Business model type are developed. Executives can use the ideas and frameworks presented in the article to benchmark their firm's efforts towards embracing the changes associated with the Web 2.0 into their Business model.

  • Strategic development of Business models: Implications of the web 2.0 for creating value on the Internet
    Long Range Planning, 2010
    Co-Authors: Bernd W. Wirtz, Oliver Schilke, Sebastian Ullrich
    Abstract:

    There is virtually a consensus that, to remain competitive, firms must continuously develop and adapt their Business models. However, relatively little is known about how managers can go about achieving this transformation, and how, and to what extent, different types of Business models should be adapted. To illustrate the differential effect of environmental changes on different Business model types, this article draws from the '4C' Internet Business model typology to elaborate on how a recent wave of changes on the Internet - the emergent Web 2.0 phenomenon - is affecting each of its four Business model types. We argue that Web 2.0 trends and characteristics are changing the rules of the 'create and capture value' game, and thus significantly disrupt the effectiveness of established Internet Business models. Since systematic empirical knowledge about Web 2.0 factors is very limited, a comprehensive Web 2.0 framework is developed, which is illustrated with two cases and verified through in-depth interviews with Internet Business managers. Strategic recommendations on how to what extent different Web 2.0 aspects affect each Business model type are developed. Executives can use the ideas and frameworks presented in the article to benchmark their firm's efforts towards embracing the changes associated with the Web 2.0 into their Business model. © 2010 Elsevier Ltd.

Albert A Angehrn - One of the best experts on this subject based on the ideXlab platform.

  • designing mature Internet Business strategies the icdt model
    European Management Journal, 1997
    Co-Authors: Albert A Angehrn
    Abstract:

    This paper illustrates a systematic approach to the analysis and classification of Business-related Internet strategies, as well as a framework to guide the strategy-building process of companies aiming at redesigning or innovating their products and services in the light of new opportunities and competitive pressures generated by the spread of the Internet. First, the paper shows that current strategies adopted by large and small companies worldwide have been generally based on a narrow, unidimensional interpretation of the Internet, as either an Information, a Communication, a Distribution or a Transaction channel (ICDT Model). The model is then used as a systematic framework guiding (1) the analysis of how traditional products and services are redesigned in the light of the Internet, and (2) the identification of organisational adjustments companies need to undergo in order to fully exploit the Business opportunities created by the Internet.