Uploaded byTim Kastelle
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Innovation Business Models
This document summarizes Dr. Tim Kastelle's presentation on innovation and business models. It begins with a brief history of computing innovation from Leibniz's binary notation in the 1670s to the ENIAC in 1948. It then defines innovation as the process of creating variety through new ideas, selecting the best ideas, and replicating ideas. Examples are given of business model innovation at Goldcorp and Monty Python. The document concludes with a comparison of the traditional record label business model versus musician Kristin Hersh's model of direct artist support through subscriber levels.
