The Business Model in Practice and its Implications for Entrepreneurship Research
Gerard George,Adam J. Bock +1 more
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This paper found that the underlying dimensions of the business model are resource structure, transactive structure and value structure, and discussed the nature and implications of dimensional dominance for firm characteristics and behavior.Abstract:
While the term “business model” has gained widespread use in the practice community, the academic literature on this topic is fragmented and confounded by inconsistent definitions and construct boundaries. In this study, we review prior research and reframe the business model with an entrepreneurial lens. We report on a discourse analysis of 151 surveys of practicing managers to better understand their conceptualization of a business model. We find that the underlying dimensions of the business model are resource structure, transactive structure, and value structure, and discuss the nature and implications of dimensional dominance for firm characteristics and behavior. These findings provide new directions for theory development and empirical studies in entrepreneurship by linking the business model to entrepreneurial cognition, opportunity co-creation and organizational outcomes.read more
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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.
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Fifteen years of research on business model innovation : how far have we come, and where should we go?
Nicolai J. Foss,Tina Saebi +1 more
TL;DR: In this paper, the emerging business model innovation literature addresses an importa-tation of business models to management research and among practitioners, and the emerging BMI literature addresses the importa...
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A Critical Assessment of Business Model Research
TL;DR: A critical review of the business model literature can be found in this article with the goal of organizing the literature and achieving greater understanding of the larger picture in this increasingly important research area.
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Fortune favors the prepared: How SMEs approach business model innovations in Industry 4.0
TL;DR: In this article, the authors analyze how Industry 4.0 triggers changes in the business models of manufacturing SMEs (small and medium-sized enterprises), by conducting a qualitative research with a sample of 68 German SMEs from three industries (automotive suppliers, mechanical and plant engineering, as well as electrical engineering and ICT).
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Innovation for Inclusive Growth: Towards a Theoretical Framework and a Research Agenda
TL;DR: In this paper, the authors define the concept of "inclusive innovation" as "innovation that benefits the disenfranchised" and outline opportunities for the development of theory and empirical research around this construct in the fields of entrepreneurship, strategy and marketing.
References
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The measurement of observer agreement for categorical data
J. R. Landis,Gary G. Koch +1 more
TL;DR: A general statistical methodology for the analysis of multivariate categorical data arising from observer reliability studies is presented and tests for interobserver bias are presented in terms of first-order marginal homogeneity and measures of interob server agreement are developed as generalized kappa-type statistics.
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