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What are the characteristics/features of transformative edtech business models?

 

 

in EdTech by Diamond (75,934 points) | 136 views

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It is now known that new technology does not disrupt any industry but a combination of the tech with innovative business models. 

According to the Harvard Business Review (HBR), there are 6 characteristics/features of transformative business models. Blow is the list of the edtech list:

  1. Personalization of product or service
  2. A closed loop process - recyclable - results in a reduction of overall costs
  3. Asset sharing
  4. Usage-based pricing (changes idea of ownership)
  5. A more collaborative ecosystem (supply and value chains)
  6. An agile and adaptive organization
by Diamond (75,934 points)
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