Abstract：This paper investigates the impact of business model on technology innovation.With the integration of literature, business model is divided into four components, value proposition, value creation, value delivery and value capture, and each has five sub-components.Based on this deconstruction, we propose that most of the elements of business model have dramatic association with technology innovation investment by deduction.The implication of these propositions is also discussed.It can provide new lens to strategy and policy for technology innovation
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