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The Business Model Navigator, 2nd Edition
book

The Business Model Navigator, 2nd Edition

by Oliver Gassmann, Karolin Frankenberger, Michaela Choudury, Michaela Csik
August 2020
Intermediate to advanced
425 pages
11h 12m
English
Pearson Education
Content preview from The Business Model Navigator, 2nd Edition

Chapter 42

Reverse Engineering

Taking lessons from competitors

A man sitting at his computer desk with two screens. Across him is a pedestal mounted with a cracked smart phone.

The pattern

In the Reverse Engineering business model, an existing technology or competitor’s product is analysed, and the information obtained is used to develop a similar or compatible product (HOW?). Since this requires little investment in research and development, the products can be offered at a lower price than their market equivalents (VALUE?). Reverse Engineering is not limited to products or services: for example, it can also be applied to whole business models, when competitors’ value chains are analysed, and their principles applied in the focal company.

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Publisher Resources

ISBN: 9781292327143