In this short video, Mike Lachapelle will explore business model innovation through the use of platform business models. While traditional banks were not designed to help those that don’t already have financial assets, microfinance organizations like Kiva provide the infrastructure for a platform business model that leverages partners to provide micro credit to the poor. This provides the backbone for both social innovation and start up entrepreneurship.
- How to innovate with platform business models
- Key activities in the platform business model
- Platform infrastructures and partnerships
- Funding and sustaining platform business models