Business models of the digital economy
Aliaksei Bykau, Natali Aleksandrovna Haustovich
Abstract
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Aliaksei Bykau, Natali Aleksandrovna Haustovich
Abstract
Open-access reader
The paper shows that the digital economy operates in accordance with fundamentally new laws that differ from the traditional laws of a market economy. The main goal of digital companies and start-ups is not to maximize profits and capitalization, but to achieve stakeholder benefits by ousting competitors from traditional markets.
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The paper shows that the digital economy operates in accordance with fundamentally new laws that differ from the traditional laws of a market economy. The main goal of digital companies and start-ups is not to maximize profits and capitalization, but to achieve stakeholder benefits by ousting competitors from traditional markets.
Key concepts: Digital economy, Competitor analysis, Capitalization, Business model, Business, Stakeholder, Industrial organization, Market economy