Journal ArticleDOI
The entrepreneur's business model: toward a unified perspective
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TLDR
In this paper, a six-component framework is proposed for characterizing a business model, regardless of venture type, and the framework is illustrated using a successful mainstream company, demonstrating the manner in which business models might emerge and evolve over time.About:
This article is published in Journal of Business Research.The article was published on 2005-06-01. It has received 2372 citations till now. The article focuses on the topics: New business development & Business rule.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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Business Model Innovation through Trial-and-Error Learning
TL;DR: In this paper, the antecedents and drivers of business model innovation in a Spanish dietary products business threatened by economic recession and heightened competition resulting from liberalization are studied, and the evolution of the new retail-market business model in two distinct phases: 1) a five-year phase of experiment and exploration followed by 2) a high-growth exploitation phase when the firm outperformed its competitors by a wide margin and internationalized successfully, in spite of its products and final end customers remaining basically unchanged.
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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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The Business Model in Practice and its Implications for Entrepreneurship Research
Gerard George,Adam J. Bock +1 more
TL;DR: 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.
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Developing a unified framework of the business model concept
TL;DR: A unified conceptual framework for the BM concept is argued to be comprehensive and appropriate to the complex nature of businesses today, which leads to fruitful implications for theory and practice and also enables us to suggest a research agenda using this conceptual framework.
References
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Journal ArticleDOI
The Relational View: Cooperative Strategy and Sources of Interorganizational Competitive Advantage
Jeffrey H. Dyer,Harbir Singh +1 more
TL;DR: In this paper, the authors argue that an increasingly important unit of analysis for understanding competitive advantage is the relationship between firms and identify four potential sources of interorganizational competitive advantage: relation-specific assets, knowledge-sharing routines, complementary resources/capabilities, and effective governance.
Book
Theory of Economic Development
TL;DR: The theory of economic development was first published in 1911 by Schumpeter as discussed by the authors, who argued that economics is a natural self-regulating mechanism when undisturbed by "social and other meddlers." In his preface he argues that despite weaknesses, theories are based on logic and provide structure for understanding fact.
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The theory of economic development
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The Economics of Organization: The Transaction Cost Approach
TL;DR: The transaction cost approach to the study of economic organization regards the transaction as the basic unit of analysis and holds that an understanding of transaction cost economizing is central to the analysis of organizations as mentioned in this paper.