Business model components and examples of cluster activities
| BM value dimension | BM Component | Examples of cluster activities |
|---|---|---|
| Value creation | Value proposition |
|
| Key partners |
| |
| Key activities |
| |
| Key resources |
| |
| Value delivery | Customer relationships |
|
| Customer segments |
| |
| Channels |
| |
| Value capture | Cost structure |
|
| Revenue structure |
|
| BM value dimension | BM Component | Examples of cluster activities |
|---|---|---|
| Value creation | Value proposition | Codevelop new value offers by partnering with businesses, research institutions and organizations |
| Key partners | Collaborate on innovation projects with SMEs to test and adopt new technologies Build strategic alliances with NGOs, private firms and/or industry associations to access new markets and resources Join SME networking events to share insights, challenges and best practices | |
| Key activities | Conduct market research and technology assessments to identify growth opportunities Manage co-creation processes with stakeholders to ensure mutually beneficial outcomes Prototype and test new equipment to reduce costs and product quality | |
| Key resources | Set up innovation labs or testing spaces for hands-on development of new ideas Jointly utilize expensive and specialized technological equipment Run training programs to enhance technical, business and leadership skills Host expert-led workshops that offer practical knowledge on industry and market trends Create internship programs to bring fresh perspectives and build future talent | |
| Value delivery | Customer relationships | Facilitate customer workshops to explore new ways of working and improving engagement |
| Customer segments | Analyze customer segments to develop tailored solutions that meet specific needs | |
| Channels | Organize industry meetups for direct interactions with leaders, stakeholders and collaborators Connect with potential distributors and retailers to expand market reach | |
| Value capture | Cost structure | Implement cost-optimization strategies to improve profitability and competitiveness |
| Revenue structure | Seek and apply for funding opportunities from governments, international grant programs, banks or venture capital |
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