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Business Model Innovation and the Influence of Peer Firms - Ideas for Leaders

Business Model Innovation and the Influence of Peer Firms

Idea #863

Business Model Innovation and the Influence of Peer Firms

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Image by Tumisu from Pixabay
Image by Tumisu from Pixabay

KEY CONCEPT

When business model innovation enters a market, incumbents will watch whether their peers adopt the new innovation and whether such adoption has negative results before deciding to make the commitment to assimilate the innovation into their own business model.


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Source

Idea conceived

October 19, 2023

Idea posted

Oct 2023
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