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Vol 14, Issue 1, 2024
Pages: 60 - 60
Original scientific paper
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Received: >> Accepted: >> Published: 09.06.2024. Original scientific paper

THE ROLE OF GENERATION Z IN CREATING NEW BUSINESS MODELS

By
Nikša Grgurević
Nikša Grgurević

Faculty of Management, Adriatic University , Herceg Novi , Montenegro

Faculty of Economics-Study Center Trebinje, University PIM Banja Luka , Banja Luka , Bosnia and Herzegovina

Abstract

 Generation Z (better known as "zoomers") is influencing changes in traditional business models through the creation of innovations fueled by digitization and artificial intelligence. Thanks to a better understanding of digitization, this generation is a step ahead of other generations in the world of changes in the business sense. The subject of research in this paper is the role of generation Z in creating new business models, as well as shaping existing ones. The aim of the research is to prove how generation Z influences the creation of an innovative business environment compared to baby boomers, generation X and millennials. It is important to understand the business strategies that the zoomer generation uses, especially in light of their growing influence over previous generations. 

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