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Opportunities and Challenges of Business Model Innovation in Emerging Markets

Jue Wang

Abstract


This article explores the problems and optimization strategies faced by business model innovation in emerging markets. Emerging
markets face multiple challenges in promoting business model innovation, such as market access and compliance difficulties, talent and skill
shortages, and consumer acceptance and trust issues. To address these challenges, optimization measures such as strengthening policy coordination and cooperation, infrastructure construction and upgrading, talent cultivation and introduction, and enhancing consumer trust and
participation are proposed. By implementing these measures, emerging markets can optimize the innovation environment, stimulate corporate
innovation vitality, and promote sustained and healthy economic and social development.

Keywords


Business Model Innovation; Emerging Markets; Market Access; Talent Shortage

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References


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DOI: http://dx.doi.org/10.18686/fm.v10i1.13918

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