What is the Impact of Technological Turbulence on Business Model Novelty and Efficiency?
What is the Impact of Technological Turbulence on Business Model Novelty and Efficiency?

Author(s): Brunilda Kosta
Subject(s): Social Sciences
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Business model novelty; Business model efficiency; Technology turbulence
Summary/Abstract: In today’s rapidly evolving business landscape, technological turbulence has become a defining factor that reshapes traditional business models. This paper explores the relationship between technological turbulence and the transformation of business models. To do so, a survey involving 201 businesses operating in Albania was conducted. The survey results show that technological turbulence has a significant positive impact on the development of novel business models and efficient business models. This paper concludes with theoretical and practical implications.

• Details
• Contents