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Sustainability 2017, 9(12), 2361; doi:10.3390/su9122361

Promoting Profit Model Innovation in Animation Project in Northeast Asia: Case Study on Chinese Cultural and Creative Industry

1
Business School, Beijing Normal University, Beijing 100875, China
2
Institute of Industrial Economics, Chinese Academy of Social Science, Beijing 100444, China
*
Author to whom correspondence should be addressed.
Received: 20 September 2017 / Revised: 5 December 2017 / Accepted: 7 December 2017 / Published: 18 December 2017
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Abstract

Building on a case study of three animation companies in the Chinese cultural and creative industry, this study aims to understand how profit model innovation is promoted. Due to the rapidly changing environments and resource scarcity, cultural and creative companies need to select the appropriate profit model according to their own key resources. The study uncovers two critical factors that promote profit model innovation in animation projects: the quantity of consumers and their consumption intention. According to these two dimensions, the authors’ analysis shows profit model innovation in animation projects can be divided into Fans mode, Popular mode, Placement mode, and Failure mode, respectively. This study provides an empirical basis for advocating profit model innovation and discusses the resource requirements of Fan mode, Popular model, and Placement mode in China’s cultural and creative industry. The authors’ research also has managerial implications that might help firms promote profit model innovation. Finally, learning and promoting the profit model of China’s animation industry in the Northeast Asia area will be conducive to Northeast Asia’s cooperation and sustainable development. View Full-Text
Keywords: profit model innovation; animation project; cultural and creative industry; China profit model innovation; animation project; cultural and creative industry; China
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Jiao, H.; Wang, Y.; Xiao, H.; Zhou, J.; Zeng, W. Promoting Profit Model Innovation in Animation Project in Northeast Asia: Case Study on Chinese Cultural and Creative Industry. Sustainability 2017, 9, 2361.

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