A Study On The Business Model Innovation Of Geological Prospecting Enterprises

Nowadays, Business Models becomes a hot topic in academic and the business community at home and abroad. Without the business model innovation, other innovations will lose the possibility of sustainable development and profitable basis.Therefore the development of primary factor has been widely acknowledged.At the beginning of the 21st century, China’s Geological Prospecting Units began to explore the international market. Globalization process of the mining companies and mineral resources geological exploration units is facing dual pressures of system revolution and domestic environmental change. Breaking the planned economic system mode to a new business model has become an effective means for the geological exploration units to complete the reform.Business model innovation is to transform favorable factors such as new technology, incentives external funding sources into sustainable competiveness of enterprises.It is the necessary path for the geological exploration units to become integrated international mining companies. The on-going incremental, expedient of reforms cannot power the sustainable development of the geological units. To improve core competitiveness and sustainable development, the geological units must optimize systems and combine prospecting technologies, external funds and favorable measures. This article discusses how the geological exploration units A has become an emerging resource development organization, having international mining company’s development capacity and effective mechanism through business model innovation.This paper aims at innovative business models based on theories and methods of in-depth research, combined with A geological survey company development, developmental disabilities and other practical factors. Through the A geological survey’s reform process, development goals and the major problems, it analyzes key barriers, including customer value proposition, portfolio optimization, business systems, such as remodeling and profit model adjusted business model innovation approach. How the A geological survey companies conduct business model innovation, in order to achieve integration of exploration and mining development to international mining the company’s business model transformation. Though innovations, Geological exploration units A not only gain the initiation in the major strategic of the industrial structure adjustment and cooperation with international competition, but also integrate into the modern economic system, improve the overall competitiveness in the process of improving the resources support capability and economic and social development.