A New Business Model for an Innovative Business Development

Authors

  • Kritsana Lakkhongkha Panyapiwat Institute of Managment

Keywords:

Innovation, Development, Business Model, Entrepreneur

Abstract

Abstract

This article is a study of business models and uses ideas to develop innovative thinking processes. To be a model for innovative business development for entrepreneurs and entrepreneurs the key role in creating product innovation service or even a new business model making it more efficient than just creating a business or developing a business to survive continuously in the present It is important that Innovation plays an important role in business development. Going into business or the ASEAN Economic Community (AEC) may be one of the successes of entrepreneurs doing business. Therefore, business model knowledge, whether Business Model Canvas or Lean Canvas tools, are standardized and are popular all over the world. Therefore, the author has developed a tool that combines cognitive processes. And steps the understanding is categorized into three main areas: target customers, issues, and solutions. Under a new innovation model for entrepreneurs, businesses and groups who want to think of Innovation through a more understandable process, named BAIC Board.

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Published

2021-06-30

How to Cite

Lakkhongkha, K. (2021). A New Business Model for an Innovative Business Development. Journal of ASEAN PLUS Studies, 2(1), 36–44. Retrieved from https://so06.tci-thaijo.org/index.php/aseanplus/article/view/248518