The business model of selling software bundled with hardware is called the appliance model. As hardware becomes less and less expensive and open source software is being offered for free, the traditional business model of selling packaged software is being threatened. This disruption in the...

Web-based enterprise software - sometimes referred to as "Software as a Service" (SaaS) or "on demand software" - is a major wave of innovation that introduces a new technical and economic model to enterprise software. The defining characteristics of web-based enterprise software are: a fully...

In this study, I identify and discuss innovation strategies for the Japanese banking industry, with special focus on the R&D process through which banks are seeking to create new e-business opportunities. Traditionally, it was thought to be difficult to undertake well-organized R&D activities in...