University of Worcester Worcester Research and Publications

`Four-Closure`: How Amazon, Apple, Facebook & Google are Driving Business Model Innovation.

Walton, Nigel (2012) `Four-Closure`: How Amazon, Apple, Facebook & Google are Driving Business Model Innovation. In: International Conference on Innovation, Management & Technology Research, 21-22 May 2012, Melaka, Malaysia. (Unpublished)

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This paper explores the rapid growth of four internet-based corporations and critiques the extent to which the Internet has developed from being simply a powerful tool and enabler of industry innovation to achieving status as a fully-fledged technology-based business ecosystem.

The need to develop new management theories, tools and techniques to compete with the “Gang of Four” (Amazon, Apple, Google and Facebook) are also discussed in some depth as well as providing a critique of traditional models/strategic approaches and more recent theories. This is considered to be an important area of research because as a new class of Internet company emerges incumbent firms in traditional industries will need to know how to prepare for the new challenges facing them.

Key Words: Business ecosystem; platforms; catalyst; infomediaries; white space; blue ocean strategy.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Discrete Keywords: business ecosystem, platforms, catalyst, infomediaries, white space, blue ocean strategy
Subjects: H Social Sciences > HB Economic Theory
Depositing User: Nigel Walton
Date Deposited: 18 Sep 2012 11:09
Last Modified: 08 Jun 2021 09:23

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