C.J.Chang,Proprietary92.11.17C.J.Chang,ProprietaryC.J.Chang,Proprietary:----C.J.Chang,Proprietary1989500::,AmarBhide,1994,3/4HBRC.J.Chang,ProprietaryCiscoSystems,Genentech,Microsoft:,WilliamA.Sahlman,1997,7/8HBRC.J.Chang,Proprietary----C.J.Chang,Proprietary----ValueChainAnalysisABCABCBusinessscopeABCBBAAABB•••…AC.J.Chang,ProprietaryÆBusinessModel()------(JoanMagretta)::ÆÆWVF:ÆÆ::Æ:Æ::(1982)()bm,C.J.Chang,ProprietaryvsDelltsmcWalMark…—:CD-ROM()3—2—1,():,,P.20-P.21C.J.Chang,Proprietary(%)/7150422419401940-19741974-7250563614166466GerardJ.Tellis$PeterN.Golder,”WillandVision”C.J.Chang,ProprietaryFirsttothemarketvs.FirsttothescaleCD-ROMDVD-ROM,,:,,P.20-P.21,P.25C.J.Chang,ProprietaryC.J.Chang,ProprietaryC.J.Chang,Proprietary•BEP•IRR,Payback,ROE•••….C.J.Chang,ProprietaryC.J.Chang,ProprietaryC.J.Chang,ProprietaryBesuretoaddressBPreaders’interest!Whowillread…InvestorsInternaldecisionmakersCandidateteammembersBankersGovernmentAgenciesPartners(Suppliers,…)C.J.Chang,ProprietaryA/RA/PC.J.Chang,Proprietary--Æ(…)…()IncentiveProgramC.J.Chang,ProprietaryIncentiveProgram167-228-228-351~63167-128-2235240267()/()()/15%10%()×0.9×10%~15%C.J.Chang,ProprietaryIncentiveProgram-----------(1)---(2)------1:(92)070,071,0722:,C.J.Chang22C.J.Chang,ProprietaryC.J.Chang,Proprietary123534()512()C.J.Chang,Proprietary12()34512312C.J.Chang,Proprietary123()45?(/)12C.J.Chang,ProprietaryIncubatorCenter,ITRI123456()C.J.Chang,Proprietary()