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Focusing on the challenges faced by established companies, this research paper delves into business model innovation. It presents findings from an empirical analysis based on 30 expert interviews, highlighting key insights related to disruptive innovation, entrenched mindsets, and strategies for effective business model transformation. The study aims to provide a comprehensive understanding of how traditional firms can adapt to evolving market demands and innovate successfully.
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Main Challenges of Established Companies in Business Model Innovation, Rainer-Michael Lang
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- 2020
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