Necessity of using an Optimum Business Model in High-Tech Firms, Nanotechnology Case Study
In the way of growing and developing firms especially
high-tech firms, on many occasions manager of firm is mainly involved in solving problems of his business and decision making about executive activities of the firm, while besides executive
measures, attention to planning of firm's success and growth way and
application of long experience and sagacity in designing business model are vital and necessary success in a business is achieved as a
result of different factors, one of the most important of them is designing and performing an optimal business model at the beginning
of the firm's work. This model is determining the limit of profitability
achieved by innovation and gained value added. Therefore, business
model is the process of connecting innovation environment and
technology with economic environment and business and is important
for succeeding modern businesses considering their traits.
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