A strategic tool that outlines the key components of a business model, including value propositions, customers, and revenue streams.

Innovative technologies that are currently developing or will be developed over the next few years, such as AI and blockchain.

A statement that explains how a product or service solves a problem or fulfills a need for customers, differentiating it from competitors.

The ability of a business model to grow and manage increased demand without compromising performance or revenue.

A basic version of a product that includes only essential features to satisfy early adopters and gather feedback for future development.

A method to evaluate a product by testing it with real users to gather insights and improve functionality.

A strategic planning tool that identifies strengths, weaknesses, opportunities, and threats related to a business model.

The process of translating an idea or invention into a good or service that creates value or for which customers will pay.

A decentralized digital ledger technology that securely records transactions across multiple computers.

Simulation of human intelligence processes by machines, especially computer systems, used for data analysis and decision making.

The degree to which a product satisfies a strong market demand, indicating potential for growth and success.

The process of creating an early model of a product to test concepts and gather feedback before full-scale production.

A plan to increase a company's market share, revenue, or profitability through various methods, including market expansion.

Innovations that significantly alter the way industries operate, often displacing established market leaders.

Specific problems faced by customers that need addressing to improve their experience or satisfaction.

The process of incorporating new technologies into existing business models to enhance efficiency and effectiveness.

Individuals with extensive knowledge and experience in a specific industry, often providing insights and guidance.

Processes through which users or stakeholders provide input on products or services, informing future improvements.

A method of obtaining input and suggestions from peers to refine ideas and enhance business models.

Quantitative measures used to assess the performance and success of a business model.

A concise presentation aimed at persuading potential investors or stakeholders about the viability of a business model.

Legal obstacles that businesses must navigate when implementing new technologies or business models.

The assessment of competitors' strengths and weaknesses to identify opportunities and threats in the market.

Patterns and changes in consumer behavior and preferences that influence the market landscape.

The process of refining and improving a product or model based on feedback and analysis.