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Business Commons

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Entrepreneurial and Small Business Operations

Walden Dissertations and Doctoral Studies

2018

Business model innovation

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Small Business Profitability Strategies In The Music Recording Industry, Jeanelle Lemol Murray-Noel Jan 2018

Small Business Profitability Strategies In The Music Recording Industry, Jeanelle Lemol Murray-Noel

Walden Dissertations and Doctoral Studies

With the rise of digital technologies, consumers can stream music content, which has made it more difficult for music companies to be profitable. Small business owners in the music recording industry in the West Indies have found this trend particularly challenging, affecting their profitability. This multiple case study explored the adoption of disruptive technologies by small business owners in the music recording industry to increase profitability. The research population included 5 small business owners in the music recording industry in the West Indies who successfully adapted to the changes in the industry's business model and whose businesses are profitable. Christensen's …