Business model innovation between tangible and intangible products

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

Highly valued in technology enhancement or product design, the business models of tangible and intangible products, however, are less concerned by academic researchers and entrepreneurial practices. The definition, characteristics and structure of these business models are still ambiguous. This article synthesizes the literature and draws conclusions. Combined with strategic design thinking, two core models are proposed for the two product types. These two business models, BMTP and BMIP, are illustrated by using four representative design companies as cases analysis. Implementation underpinnings of entrepreneurship education in Design Disciplines are explored in the suggestion part.

Original languageEnglish
Title of host publicationProceedings of the 11th Annual International Conference on Industrial Engineering and Operations Management, 2021
PublisherIEOM Society
Pages1336-1346
Number of pages11
ISBN (Print)9781792361241
Publication statusPublished - 2021
Event11th Annual International Conference on Industrial Engineering and Operations Management, IEOM 2021 - Virtual, Online
Duration: 2021 Mar 72021 Mar 11

Publication series

NameProceedings of the International Conference on Industrial Engineering and Operations Management
ISSN (Electronic)2169-8767

Conference

Conference11th Annual International Conference on Industrial Engineering and Operations Management, IEOM 2021
CityVirtual, Online
Period21/3/721/3/11

Keywords

  • Business model innovation
  • Entrepreneurship
  • Strategy
  • Tangible and intangible products

ASJC Scopus subject areas

  • Strategy and Management
  • Management Science and Operations Research
  • Control and Systems Engineering
  • Industrial and Manufacturing Engineering

Fingerprint

Dive into the research topics of 'Business model innovation between tangible and intangible products'. Together they form a unique fingerprint.

Cite this