business model

Minecraft's business model is 'leave users alone' — will it be Microsoft's?

Will Davidson and his Minecraft creation, modeled off the Santa Cruz Mission; Credit: Steve Henn

Minecraft is a deceptively simple video game. You're dropped into a virtual world, and you get to build things. It's like a digital Lego set, but with infinite pieces.

Its simplicity makes it a big hit with kids, like 10-year old Will Davidson. Last year, Will built a Spanish mission for a school report. He modeled his off the Santa Cruz Mission. "I made a chapel over here," Davidson says. "I also have a bell tower."

After he turned in his report, he added a few things. Like skeleton archers. "And zombies ... and exploding things, and spiders, that try to kill you," he said.

Minecraft is popular with kids because they're free to create almost anything, says Ramin Shokrizade, a game designer.

Also, kids aren't manipulated into clicking buttons to buy add-ons within the game. In other games, designers give players a special power for free at first, then take it away and offer it back at a price.

Zynga, the creator of Farmville, calls this fun pain, according to Shokrizade. "That's the idea that, if you make the consumer uncomfortable enough, and then tell them that for money we'll make you less uncomfortable, then [they] will give us money," he says.

Kids, Shokrizade says, are especially susceptible to this — and Minecraft has a loyal following, in part, because it doesn't do it.

Susan Linn, from the Campaign for a Commercial-Free Childhood, agrees. She says a big reason she likes Minecraft is because after you purchase the game upfront, that's it.

"Parents don't have to worry that their kids are going to be targeted for more marketing," Linn says. "How forward-thinking!"

But Linn is worried. Microsoft bought Mojang, the company that created Minecraft, on Monday for $2.5 billion, and she says that any time a large company spends billions to acquire a smaller company, executives are bound start looking for new ways to get even more money out of it.

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

 




business model

Charting Your Sales & Use Tax Business Model

The sales tax landscape has dramatically changed since the Supreme Court overturned Quill in June 2018. Almost all states have responded by updating their remote seller nexus rules over the past year. With these changes, comes an opportunity to support clients that need help navigating these changes. Many firms are expanding their sales and use tax services, but like most other practice areas, developing a business model and plan is critical for success.

Join us for a webinar as we explore different business models that firms have established to provide sales and use tax services. We will take a look at the types of services firms are offering to help clients comply with changing sales and use tax laws. During the webinar we will discuss how to:

  • Identify a business model that works best for your firm
  • Determine the services your firm can offer
  • Find opportunities for internal firm collaboration
  • Leverage automation to provide services

This on-demand webinar does not offer CPE credit.

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business model

i diversi tipi di business model




business model

I 12 tipi di business model




business model

Sustainable business models, and why ABC has LOST their way

If you’re wondering about sustainable business models, bear with me while I rant about ABC’s free episode streaming, or just skip the first bunch of paragraphs to the Sustainable Business Models heading.  Ohterwise bear with me, I’ve got a couple lung-fulls to spend talking about why I’m not having the best time I could be [...]




business model

Common Approaches to Patenting New E-commerce Business Models (a Case Study)




business model

Introduction to Special Series on Information Exchange in Electronic Markets: New Business Models




business model

Business Models and Lean Startup




business model

Ecommerce business models: Which is best for you?

Which ecommerce business model is best for your idea? Long-term and short-term strategies for operations, profits, and a successful launch.




business model

Creating Leader Standard Work (LSW) Across a Distributed Business Model — Webinar Preview

I'm happy to be hosting and moderating this webinar that will be presented by Brent Loescher, a fellow instructor with me at TKMG Academy. A Lean practitioner at heart, Brent received his formal Toyota Production System training while working for Toyota Motor Sales in their North American Parts Operations. He helped develop a Lean program for the landscape maintenance industry, implementing and evolving continuous improvement programs across the country since 2009. This included co-leading a […]

The post Creating Leader Standard Work (LSW) Across a Distributed Business Model — Webinar Preview by Mark Graban appeared first at Lean Blog.




business model

Episode 94: Open Source Business Models with Dirk Riehle

In this episode we're talking to Dirk Riehle about open source business models. We started looking at the way OS projects work and defined different kinds of open source projects. In the main part of the discussion we looked at various ways of how to make money with open source: consulting, support contracts, commercial variant of an open source project, etc. We then looked at the chances and risks of each of these approaches. The next part focused on different open source licenses and how they are suitable for open source business. We concluded the episode by discussing a couple of specific questions and loose ends. After the show, Dirk informed me about the following three corrections: Black Duck Software's main product is called protexIP not IP Central, there are presently 70 licenses approved by the Open Source Initiative, and EnterpriseDB has so far acquired $37M in venture capital




business model

Decarbonizing Heat: A New Frontier for Technologies and Business Models

Decarbonizing Heat: A New Frontier for Technologies and Business Models 27 February 2019 — 8:15AM TO 9:45AM Anonymous (not verified) 3 December 2018 Chatham House | 10 St James's Square | London | SW1Y 4LE

Building space and water heating accounts for over 35 percent of global energy consumption - nearly double that of transport. However, there has been limited progress in decarbonizing the sector to date. International cooperation is required to ensure harmonized policies drag low carbon heating technologies down the cost curve to the extent that low carbon heating is cost competitive and affordable. The initial presentations and discussion focus on:

  • Demand reduction technologies and policies that speed up transformation of the sector.
  • The different challenges for energy efficiency of retrofitting as opposed to new build.
  • The impact of electrification on GHG emissions and the power sector.
  • The comparative role of national and city level initiatives.

The meeting concludes by looking at the challenges and risks in accelerating the transformation of heating and the lessons that can be learned from other sectors.




business model

FAO in Review: How the Organization changed its Business Model through innovation

Read the seriesFull Article



business model

Google Stadia will support “a variety of business models”

But the streaming gaming revolution "is not going to happen overnight."




business model

Swiggy Vs Zomato: How do their business models differ?

Swiggy’s B2C operations account for 61 per cent of revenue and its B2B supply chain segment contributes a substantial 39 per cent, marking a key distinction from Zomato’s business structure




business model

Some businesses find ways to thrive as COVID-19 forces them to change their business models

Some businesses have been more successful than others finding ways with new business practices to maintain the same level of success they did pre-pandemic. 



  • News/Canada/British Columbia

business model

The Buzz Around New Business Models

The buzz about showing and paying for value in EDA has been building over the past few years. People have complained about the high cost of tools and EDA vendors have complained about not getting enough value from the technology that can then be re-invested in the next generation tools. The same complaints can be heard from the foundries regarding their wafer pricing

Companies have tried royalty-based models before in the past (e.g., $/wafer or even profit sharing). But it hasn't been sticky. Is the industry ready for a new model?  I think sharing in the upside and potential downside of a particular design from inception to volume is fair. But it also would mean that EDA companies and foundries would have to participate even earlier (and later) in the product lifecycle - from design spec/marketing through product introduction.

That's a pretty big change that goes beyond just the business model. But maybe at 32nm and below, where designs cost upwards of $75M to bring to market, this type of collaboration and risk/reward model is required and desired




business model

Engineering Possibilities Versus Practical Implementation: Utility Portfolios and Business Models

Europe’s utilities are re-evaluating their business models due to the energy transition. Members of POWER-GEN Europe’s Advisory Board consider how a reliance on fossil fuels is no longer politically desirable, forcing utilities to transform their portfolios to adapt to radical change.




business model

Connected Televisions: Convergence and Emerging Business Models

Connected television allows the provision of certain new and valuable services to end-users that will also have implications for the activities of all players in the content distribution ecosystem. In addition to identifying the new services that connected TV enables, this report analyses their effects and includes a discussion of policy implications raised for the actual connected television devices and for network infrastructure.




business model

Why New Business Models Matter for Green Growth

New business models can help reduce environmental pollution, optimise the use of natural resources, increase productivity and energy efficiency, and provide a new source of economic growth. The development of new business models is also affected by a range of barriers, many of which can be addressed by well-designed policies.




business model

Why New Business Models Matter for Green Growth

Although the market for green goods and services is growing, the development of new business models is affected by a range of barriers, many of which can be addressed by well-designed policies.




business model

Minecraft's business model is 'leave users alone' — will it be Microsoft's?

Will Davidson and his Minecraft creation, modeled off the Santa Cruz Mission; Credit: Steve Henn

Minecraft is a deceptively simple video game. You're dropped into a virtual world, and you get to build things. It's like a digital Lego set, but with infinite pieces.

Its simplicity makes it a big hit with kids, like 10-year old Will Davidson. Last year, Will built a Spanish mission for a school report. He modeled his off the Santa Cruz Mission. "I made a chapel over here," Davidson says. "I also have a bell tower."

After he turned in his report, he added a few things. Like skeleton archers. "And zombies ... and exploding things, and spiders, that try to kill you," he said.

Minecraft is popular with kids because they're free to create almost anything, says Ramin Shokrizade, a game designer.

Also, kids aren't manipulated into clicking buttons to buy add-ons within the game. In other games, designers give players a special power for free at first, then take it away and offer it back at a price.

Zynga, the creator of Farmville, calls this fun pain, according to Shokrizade. "That's the idea that, if you make the consumer uncomfortable enough, and then tell them that for money we'll make you less uncomfortable, then [they] will give us money," he says.

Kids, Shokrizade says, are especially susceptible to this — and Minecraft has a loyal following, in part, because it doesn't do it.

Susan Linn, from the Campaign for a Commercial-Free Childhood, agrees. She says a big reason she likes Minecraft is because after you purchase the game upfront, that's it.

"Parents don't have to worry that their kids are going to be targeted for more marketing," Linn says. "How forward-thinking!"

But Linn is worried. Microsoft bought Mojang, the company that created Minecraft, on Monday for $2.5 billion, and she says that any time a large company spends billions to acquire a smaller company, executives are bound start looking for new ways to get even more money out of it.

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

 




business model

Simple steps to increase the uptake of sustainable service-based business models

‘Product-service systems’ are innovative business models designed to satisfy societal needs in an environmentally sustainable manner. This study explores how government policies could increase the uptake of these systems, outlining five key recommendations to achieve this, including schemes to raise awareness and involve local authorities.




business model

Fighting climate change is a business model

As governments struggle to solve the climate change crisis, who's stepping up?




business model

The Internet Killed The MLM Business Model

I know this may sound like a bald statement, and honestly, I don't think that the internet actually "killed" the multi-level marketing business model, but it certainly redefined it in many ways.




business model

3 Business Models For Creating Wealth On The Internet

The Internet has the potential to make you rich! I am sure you have heard it over and over again. Everybody knows you can get rich using the Internet, but how?




business model

Coding Bootcamp Startup, Promineo Tech, Launches Game Changing Business Model to Disrupt Higher Education

A much needed step in the right direction towards fixing education.




business model

Reinventing Your Business Model

Clay Christensen, Harvard Business School professor and coauthor of the HBR article "Reinventing Your Business Model."




business model

Build a Better Business Model

Rita McGrath, Columbia Business School professor and coauthor of "Discovery-Driven Growth."




business model

Solid digital business model helped post strong Q4 numbers: ICICI Securities

‘We are a cash generating company and virtually carry no leverage’




business model

'We're still trying to keep going': Companies change business model to keep staff employed during coronavirus

Tasmanian companies keen to keep staff employed are adapting and shifting their business focus by making face shields, hand sanitiser and other products in high demand during the COVID-19 pandemic.




business model

Business Models for Mobile Fare Apps

Five different business models for mobile fare payment apps are examined, as the world of apps used by transit agencies in the United States and Canada continues to steadily grow. The TRB Transit Cooperative Research Program's TCRP Synthesis 148: Business Models for Mobile Fare Apps documents current practices and experiences of transit agencies that offer mobile fare payment applications to transit riders. The report includes case examples from six cities: Santa Monica, Denver, Austin, Chicago, Dallas, ...



  • http://www.trb.org/Resource.ashx?sn=cover_tcrp_syn_148a


business model

Pretty Good Business Model

Just do nothing and the Fed gives you free money and your stonk goes up.




business model

Radical new business model for pharmaceutical industry needed to avert antibiotic resistance crisis

7 October 2015

20151009Antibiotics.jpg

High-level complex of physiologically active antibiotic substance extracted from blastema at the Arctic Innovation Center (AIC) of Ammosov, North-Eastern Federal University (NEFU) in Yakutsk. Photo: Yuri Smityuk/ITAR-TASS Photo/Corbis.

Revenues for pharmaceutical companies need to be 'delinked' from sales of antibiotics to avoid their over-use and avert a public health crisis, says a new report from the think-tank Chatham House.

Over-use of antibiotics is contributing to the growing resistance of potentially deadly bacteria to existing drugs, threatening a public health crisis in the near future. The report notes that, by 2050, failing to tackle antibiotic resistance could result in 10 million premature deaths per year.                                       

Novel antibiotics to combat resistant pathogens are thus desperately needed, but market incentives are exacerbating the problem. Towards a New Global Business Model for Antibiotics: Delinking Revenues from Sales states that,                                       


'The current business model requires high levels of antibiotic use in order to recover the costs of R&D. But mitigating the spread of resistance demands just the opposite: restrictions on the use of antibiotics.'

                                       

To tackle this catch-22 problem, the Centre on Global Health Security at Chatham House recommends the establishment of a global body to implement a radical new business model for the industry, which would encourage investment and promote global access to - and conservation of - antibiotics.      

The current business model has several perverse effects. As R&D is an inherently risky and costly endeavour, the industry is chronically under-investing in new treatments. Today, few large pharmaceutical companies retain active antibacterial drug discovery programmes. Re-stoking the industry's interest in antibiotics would be one of the primary roles of the new body.   

Secondly, the need to recover sunk cost under the current business model encourages both high prices and over-marketing of successful drugs, making potentially life-saving treatments unaffordable to many in developing countries, while simultaneously encouraging over-use in developed markets and increasing resistance.   

The new global body would address these challenges by ‘delinking’ pharmaceutical revenues from sales of antibiotics. It would do this by directly financing the research and development of new drugs, which it would then acquire at a price based on production costs rather than the recovery of R&D expenses. Acquisition could take the form of procurement contracts with companies, the purchase of full IP rights or other licensing mechanisms.                                       

This would enable it to promote global access to antibiotics while simultaneously restricting over-use. Conservation would be promoted through education, regulation and good clinical practice, with the report recommending that 'proven conservation methods such as antibiotic stewardship programmes… be incentivized and implemented immediately.'

Priorities for R&D financing would be based on a comprehensive assessment of  threats arising from resistance. Antibiotics would qualify for the highest level of financial incentives if they combat resistant pathogens posing a serious threat to human health.                                       

Finance for the new body would come from individual nation states, with the report noting that this could 'begin with a core group of countries with significant research activity and large antibiotic markets, (though) it is envisaged that all high income countries should make an appropriate financial contribution.'                                 

It is not yet clear exactly how much funding would be necessary to combat resistance, but with inaction expected to cost $100 trillion in cumulative economic damage, the report argues that 'an additional global investment of up to $3.5 billion a year (about 10 per cent of the current value of global sales of antibiotics) would be a bargain.'

Editor's notes

Towards a New Global Business Model for Antibiotics: Delinking Revenues from Sales, is a Chatham House report edited by Charles Clift, Unni Gopinathan, Chantal Morel, Kevin Outterson, John-Arne Røttingen and Anthony So.

The report is embargoed until 00.01 GMT Friday 9 October.

For more information, or to request an interview with the editors, contact the press office.

Contacts

Press Office

+44 (0)20 7957 5739





business model

10 Options and 5 Case Studies Show How to Reform Utility Business Models

Experts from Rocky Mountain Institute, the Advanced Energy Economy Institute and America’s Power Plan have released a new report that shows why new utility business models are key to the energy transition.




business model

Engineering Possibilities Versus Practical Implementation: Utility Portfolios and Business Models

Europe’s utilities are re-evaluating their business models due to the energy transition. Members of POWER-GEN Europe’s Advisory Board consider how a reliance on fossil fuels is no longer politically desirable, forcing utilities to transform their portfolios to adapt to radical change.




business model

Google Stadia will support “a variety of business models”

But the streaming gaming revolution "is not going to happen overnight."




business model

It’s time to disrupt the existing hospital business model

Business models often change quite dramatically over time in the American economy. Think of booksellers; Amazon changed the concept of a bookseller and its book retailing vision led to the radical diversification of its product line. Some business models are more resistant to change, with firms concentrating on specialization rather than engaging in organizational innovation…

      




business model

The Law Firm Business Model Is Dying

Clifford Winston and Robert Crandall say that the bankruptcies of major, long-standing law firms signal a change in how businesses and the public are choosing to find legal services. Winston and Crandall argue that deregulation would revitalize the industry, bringing new ideas, technologies, talents and operating procedures into the practice of law.

      
 
 




business model

Major German utility rethinks business model, bets on renewables

The future will look nothing like the past when it comes to energy. Chances are, our utilities will look pretty different too.




business model

Is Collaborative Consumption a Movement or a Business Model?

The sharing economy is built more on convenience and the desire to save money than a mission to save the world. But does that matter?




business model

How this company totally transformed its business model to survive the coronavirus

Gargiulo Produce opened in 1929 as a vegetable cart going door to door to sell food. Now, the company sells online to survive the coronavirus shutdown.




business model

Exclosures for landscape restoration in Ethiopia: business model scenarios and suitability

Land degradation is a critical problem around the world. Intensive rain-fed and irrigated crop and livestock systems have contributed to the degradation of land and natural resources.




business model

Business Models of Banks, Leverage and the Distance-to-Default

This study models the distance-to-default (DTD) of a large sample of banks from 2004 to 2011 and examines the results from the perspective of policy approaches that aim to reduce the riskiness of banks.




business model

Banking in a challenging environment: Business models, ethics and approaches towards risks

This article summarises discussions from a financial roundtable addressing concerns about structural flaws in the way banks operate and are being regulated and supervised in the wake of on-going banking sector problems involving financial fraud and banking scandals.




business model

Bank Business Models and the Separation Issue

The bank regulator's paradox is that large, complex and interconnected banks need very little capital in the good times, but they can never have enough in an extreme crisis. Separation is required to deal with this problem, which derives mainly from counterparty risk. This paper outlines the OECD’s separation proposal and also compares it to current national approaches to separation.




business model

Bank Business Models and the Basel System: Complexity and Interconnectedness

The main hallmarks of the global financial crisis were too-big-to-fail institutions taking on too much risk with other people’s money: excess leverage and default pressure resulting from contagion and counterparty risk. This paper looks at whether the Basel III reforms address these issues effectively and proposes improvements to the current reform proposals.




business model

Changing business models of stock exchanges and stock market fragmentation

This report reviews structural changes in the stock exchange industry and provides data on M&A changes in the aggregate revenue structure of major stock exchanges. It describes the fragmentation of the stock market resulting from an increase in stock exchange-like trading venues, such as alternative trading systems (ATSs) and multilateral trading facilities (MTFs), and a split between dark (non-displayed) and lit (displayed) trading.