scispace - formally typeset
Journal ArticleDOI

From Strategy to Business Models and onto Tactics

TLDR
This work presents a conceptual framework to separate and relate business model and strategy, and shows that the concepts of strategy and business model differ when there are important contingencies upon which a well-designed strategy must be based.
About
This article is published in Long Range Planning.The article was published on 2010-04-01. It has received 2062 citations till now. The article focuses on the topics: Technology strategy & Business rule.

read more

Citations
More filters
Journal ArticleDOI

The Business Model: Recent Developments and Future Research

TL;DR: This article provided a broad and multifaceted review of the received literature on business models in which the authors examined the business model concept through multiple subject-matter lenses and found that scholars do not agree on what a business model is and that the literature is developing largely in silos according to the phenomena of interest of the respective researchers.
Posted Content

Business Models for Sustainable Innovation: State of the Art and Steps Towards a Research Agenda

TL;DR: In this paper, the authors review the current literature on business models in the contexts of technological, organizational, and social sustainability innovations and propose examples of normative 'boundary conditions' that business models should meet in order to support sustainable innovations.
Journal ArticleDOI

Business Models for Sustainable Innovation: State-of-the-Art and Steps Towards a Research Agenda

TL;DR: In this article, the authors review the current literature on business models in the contexts of technological, organizational and social innovation and propose examples of normative requirements that business models should meet in order to support sustainable innovations.
Journal ArticleDOI

Business Model Evolution: In Search of Dynamic Consistency

TL;DR: It is found that firm sustainability depends on anticipating and reacting to sequences of voluntary and emerging change, giving the label ‘dynamic consistency’ to this firm capability to build and sustain its performance while changing its business model.
Posted Content

Business model evolution: in search of dynamic consistency

TL;DR: In this paper, the authors use the RCOV framework to consider business model evolution, looking particularly at the dynamic created by interactions between its business model's components, and illustrate the case of the English football club Arsenal FC over the last decade.
References
More filters
Journal ArticleDOI

Business Models, Business Strategy and Innovation

David J. Teece
- 01 Apr 2010 - 
TL;DR: In this paper, the authors explore the significance of business models and explore their connections with business strategy, innovation management, and economic theory, and understand how the enterprise can organize to best meet customers' needs, get paid for doing so, and make a profit.

What is strategy

Journal ArticleDOI

Value creation in E-business

TL;DR: In this article, the authors explore the theoretical foundations of value creation in e-business by examining how 59 American and European e-Businesses that have recently become publicly traded corporations create value.
Book

Information Rules: A Strategic Guide to the Network Economy

TL;DR: Information Rules will help business leaders and policy makers - from executives in the entertainment, publishing, hardware, and software industries to lawyers, finance professionals, and writers -- make intelligent decisions about their information assets.
Book ChapterDOI

The economic institutions of capitalism : firms, markets, relational contracting

Abstract: This study is based on the belief that economic organization is shaped by transaction cost economizing decisions. It sets out the basic principles of transaction cost economics, applies the basic arguments to economic institutions, and develops public policy implications. Any issue that arises, or can be recast as a matter of contracting, is usefully examined in terms of transaction costs. Transaction cost economics maintains that governance of contractual relations is mainly achieved through institutions of private ordering instead of legal centralism. This approach is based on behavioral assumptions of bounded rationalism and opportunism, which reflect actual human nature. These assumptions underlie the problem of economic organization: to create contract and governance structures that economize on bounded rationality while safeguarding transactions against the hazards of opportunism. The book first summarizes the transaction cost economics approach to the study of economic organization. It develops the underlying behavioral assumptions and the types of transactions; alternative approaches to the world of contracts are presented. Assuming that firms are best regarded as a governance structure, a comparative institutional approach to the governance of contractual relations is set out. The evidence, theory, and policy of vertical integration are discussed, on the basis that the decision to integrate is paradigmatic to transaction cost analysis. The incentives and bureaucratic limits of internal organization are presented, including the dilemma of why a large firm can't do everything a collection of small firms can do. The economics of organization in presented in terms of transaction costs, showing that hierarchy also serves efficiency and permits a variety of predictions about the organization of work. Efficient labor organization is explored; on the assumption that an authority relation prevails between workers and managers, what governance structure supports will be made in response to various types of job attributes are discussed, and implications for union organization are developed. Considering antitrust ramifications of transaction cost economics, the book summarizes transaction cost issues that arise in the context of contracting, merger, and strategic behavior, and challenges earlier antitrust preoccupation with monopoly. (TNM)
Related Papers (5)