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Author:Feng, H. (et al.)
Title:A new business model? The capital market and the new economy
Journal:Economy and Society
2001 : NOV, VOL. 30:4, p. 467-503
Index terms:CAPITAL MARKETS
Freeterms:BUSINESS MODELS
FINANCIAL ECOSYSTEM
NEW ECONOMY
Language:eng
Abstract:This paper uses the concepts of business model and financial ecosystem to analyse the relation between the US capital market and corporate business. Under a capital market double standard, from 1995 to 2000, new companies with digital prospects could recover their costs from the capital market; but, after the tech stock crash in 2000, all companies were required to generate profits from the product market.
SCIMA record nr: 233562
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