'Four Closure' : How Amazon, Apple, Facebook and Google are Driving Business Model Innovation

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Abstract

This paper explores the rapid growth of four internet-based corporations and critiques the extent to which the Internet has developed from being simply a powerful tool and enabler of industry innovation to achieving status as a fully-fledged technology-based business ecosystem.

The need to develop new management theories, tools and techniques to compete with the “Gang of Four” (Amazon, Apple, Google and Facebook) are also discussed in some depth as well as providing a critique of traditional models/strategic approaches and more recent theories. This is considered to be an important area of research because as a new class of Internet company emerges incumbent firms in traditional industries will need to know how to prepare for the new challenges facing them.
Original languageEnglish
Publication statusPublished - 21 May 2012
Externally publishedYes
EventInternational Conference on Innovation, Management & Technology Research. - Melaka, Malaysia, Melaka, Malaysia
Duration: 21 May 201222 May 2012

Conference

ConferenceInternational Conference on Innovation, Management & Technology Research.
CountryMalaysia
CityMelaka
Period21/05/1222/05/12

Keywords

  • Business ecosystem; platforms; catalyst; infomediaries; white space; blue ocean strategy.

ASJC Scopus subject areas

  • Business, Management and Accounting(all)

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