The Three Layers of the Business Stack: WaaSTM Innovation Framework In the ever-evolving business landscape, it is crucial to understand the dynamics between creativity, transaction business costs, and consumer needs. This article outlines simplifying the business stack into three distinct layers: the Creativity Layer (Value Creation), the Transaction Cost Layer (Value Optimization), and
Reducing Transaction Costs in Markets AI agents can automate and optimize many key processes that traditionally required significant effort and resources, such as: Search Costs: Al can efficiently find suppliers, customers, or partners by analyzing vast data sets and matching needs in real time. Negotiation Costs: Al-powered negotiation systems (e.g., autonomous smart contracts) can streamline
Building an ecosystem that integrates Ronald Coase's theory on transaction costs, asset-based consulting, and organic organizational design can lead to significant beneficial economic outcomes. Here’s a structured analysis: WaaS Theoretical Foundations Ronald Coase's Theory on Transaction Costs: Concept: Transaction costs are the inherent costs incurred in making an economic exchange. Implication: Reducing these costs
