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The platform business model is widely used because it is capable of various open innovation deliverables. However, it has a high probability of failure, caused by a variety of value streams that follow the two-sided market theory (each side has a distinct group of users). Therefore, extensive...
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The topic of information technology (IT) innovation in non-IT firms has gained considerable attention. However, developing IT innovation capability can be challenging due to technological complexities and knowledge requirements. To overcome this, firms seek external sources of IT knowledge, such...
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Radical Innovation is the key for organizations to reinvent themselves and becoming successful in competitive international markets. Compared to other types of innovation such as incremental which focuses on customers’ immediate needs, radical innovation offers a company unprecedented customer...
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