The IRMA Community
Newsletters
Research IRM
Click a keyword to search titles using our InfoSci-OnDemand powered search:
|
Digital Transformations and the Importance of Business Models for Organizations: Digital Business Models – The Key for Success in Today's Business World
|
|
Author(s): Lavinia Andreea Gruia (West Univesity of Timișoara, Romania), Nicolae Bibu (West University of Timișoara, Romania), Marian Năstase (Bucharest University of Economic Studies, Romania), Doina Dănăiață (West University of Timișoara, Romania)and Nicoleta Cristache (“Dunărea de Jos” University of Galați, Romania)
Copyright: 2022
Pages: 22
Source title:
Handbook of Research on Digital Transformation Management and Tools
Source Author(s)/Editor(s): Richard Pettinger (University College London, UK), Brij B. Gupta (Asia University, Taichung, Taiwan & Lebanese American University, Beirut, Lebanon), Alexandru Roja (Babeș-Bolyai University, Cluj-Napoca, Romania)and Diana Cozmiuc (Ioan Slavici University, Timisoara, Romania)
DOI: 10.4018/978-1-7998-9764-4.ch015
Purchase
|
Abstract
Digital transformation has become a key element for every organization, but in order to succeed, organizations must understand that this will also have an impact on their business model. In the end, what drives success for an organization is their business model, and currently, organizations must be able to innovate and digitalize their business models. This chapter is going to define the main digital business models and how organizations could apply and combine these archetypes and models in order to create hybrid business models or create their own innovative digital business model. The authors are going clarify why digital business models have emerged as a quintessence of innovations in digital technologies. Once an organization understands the connection that it can create using the power of digital technologies, it will be able to survive and thrive in the digital economy.
Related Content
|
Hamed Nozari, Agnieszka Szmelter-Jarosz.
© 2024.
15 pages.
|
|
Paria Samadi Parviznejad.
© 2024.
22 pages.
|
|
Masoud Vaseei, Mohammadreza Nasiri Jan Agha, Milad Abolghasemian, Adel Pourghader Chobar.
© 2024.
14 pages.
|
|
Melisa Ozbiltekin-Pala.
© 2024.
21 pages.
|
|
Hesamoddin Motevalli.
© 2024.
16 pages.
|
|
Esmael Najafi, Iman Atighi.
© 2024.
14 pages.
|
|
Alireza Aliahmadi, Aminmasoud Bakhshi Movahed, Hamed Nozari.
© 2024.
20 pages.
|
|
|