Many have envied the success of AirBnb, Amazon, Alibaba and other similar platform companies. It is apparent that companies with network based business models are much better at creating value. According to the authors of this article, many of traditional type businesses can be also successful, harnessing the power of platforms and networks, without having to turn themselves into a Silicon Valley Startup, meaning reinventing their business model.
Watch:
Business Models
In this article, Richard Florida describes how tech startups helped turn a handful of metro areas into megastars, but now they’ re tearing those cities apart. Urban areas provide the diversity, creative energy, cultural richness
Apart from their potential for improving the quality of life of their citizens, which is probably the best reason why they are so popular, Smart Cities can also offer tremendous potential for entrepreneurs and small business owners, especially high tech startups, which can benefit from several opportunities.
The 5th annual Thomson Reuters Top 100 Global Innovators showcasing the world’ s 100 most innovative organizations by analyzing patent and citation data across four main criteria: volume, success, globalization and influence. Top 100’s commitment to innovation and dedication to ongoing R&D are drivers of economic success, not only for them but also for the countries in which they reside
In the 2015 Global Innovation 1000 study, Strategy&, PwC’ s strategy consulting business, analyzed the flows of R&D spending among companies and countries worldwide. It found that the geographic footprint of innovation has expanded dramatically in the years since the first study in 2008. The new landscape reflects significant regional shifts, as more companies pursue innovation programs abroad in search of access to top talent and high-growth market.
On his latest article Prof. Bill George from Harvard Business School, at HuffingtonPost.com addresses “The World’s Most Innovative Company’. In the article he presents facts that assist the reader to understand what makes Google so innovative throughout the years and the importance that Google has recognized of developing and hiring innovation leaders.
The MIT Technology Review magazine published its annual list of 50 companies that have truly innovative technologies and a business model that is both practical and ambitious, with the result that they have set the agenda in their fields over the past 12 months.