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The platform business model involves generating profits by facilitating interactions between two or more distinct groups of users. This model predates the internet; for example, newspapers with classified ads sections have long employed a similar approach. With the advent of digital technology, the platform model has been increasingly adopted ...
Business model innovation is an iterative and potentially circular process. [1] A business model describes how an organization creates, delivers, and captures value, [2] in economic, social, cultural or other contexts. The model describes the specific way in which the business conducts itself, spends, and earns money in a way that generates profit.
The Platform Canvas is derived from the traditional Business Model Canvas first published in Business Model Generation: A Handbook For Visionaries, Game Changers, and Challengers by Osterwalder and Pigneur in 2010. The Business Model Canvas is widely acknowledged around the world by practitioners and academics.
Platform cooperatives are a business model that differs from platform capitalism, prioritizing fairness and sharing over profit motive. On the other hand, platform capitalists, such as Airbnb and Uber, are more traditional multi-sided businesses focusing on profit and returns to investors. These can also be referred to as capitalist platforms ...
Another financing approach is innovated by Moodle, an open source learning management system and community platform. [36] [37] The business model revolves around a network of commercial partners [38] who are certified and therefore authorised to use the Moodle name and logo, [39] and in turn provide a proportion of revenue to the Moodle Trust ...
The Business Model Canvas is a strategic management template used for developing new business models and documenting existing ones. [2] [3] It offers a visual chart with elements describing a firm's or product's value proposition, [4] infrastructure, customers, and finances, [1] assisting businesses to align their activities by illustrating potential trade-offs.
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