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Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Recent Trends in Innovation and Business Models in the New Digital Economy

Recent Trends in Innovation and Business Models in the New Digital Economy
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Author(s): Soumaya Ben Letaifa (Université du Québec A Montreal/Université Paris Dauphine, Canada) and Yves Rabeau (Université du Québec A Montreal/Université Paris Dauphine, Canada)
Copyright: 2006
Pages: 2
Source title: Emerging Trends and Challenges in Information Technology Management
Source Editor(s): Mehdi Khosrow-Pour, D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-59904-019-6.ch115
ISBN13: 9781616921286
EISBN13: 9781466665361

Abstract

In this paper, we present a model that shows how the new innovation environment defined by co-creation experiments within a value chain and supported by e-networks connecting suppliers, partners and customers at world level is changing business models. Due to the ongoing convergence of products, industries and technologies at world level, innovation capacity is rapidly improving. To succeed in this new environment for innovation, multinationals will have to rely on an “ecosystem” (M.Iansiti and R.Levien, 2004) made of external competencies and bear on all participants in the value chain from customers to suppliers, partners and universities R&D departments.

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