Business model

About: Business model is a research topic. Over the lifetime, 31509 publications have been published within this topic receiving 599504 citations.

Business Advisers' Impact on SMEs An Agency Theory Approach

Abstract: The broad focus of this article concerns the UK Business Link policy to target business advice to small and medium-sized firms. This policy, which operated between 1993-9, encouraged Business Link to provide advice to firms with the potential to grow. The article considers the targeted policy from the perspective of the Business Link personal business adviser (PBA). Overall, from a principal-agent perspective, the article examines the incentives and relationships between various business advisers and their SME (small to medium-sized enterprise) clients to explain the impact of business advice. The article draws on a qualitative-quantitative study of business advice conducted by the author. Twenty-nine business advisers participated in individual semi-structured interviews and a focus group of ten public sector business advisers provided the qualitative element of the research. A survey of 175 Business Link personal business advisers (PBAs) provided the quantitative element to the research. The article sug...

The Business Model: Recent Developments and Future Research

Abstract: The paper provides a broad and multifaceted review of the received literature on business models in which we examine the business model concept through multiple subject-matter lenses. The review reveals 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 to the respective researchers. However, we also found emerging common themes among scholars of business models. Specifically, 1) the business model is emerging as a new unit of analysis; 2) business models emphasize a system-level, holistic approach towards explaining how firms “do business”; 3) firm activities play an important role in the various conceptualizations of business models that have been proposed; and 4) business models seek to explain how value is created, not just how it is captured. These emerging themes could serve as catalysts towards a more unified study of business models.

On File Sharing with Indirect Network Effects between Concert Ticket Sales and Music Recordings

Abstract: This paper analyses the interdependency between the market for music recordings on the one side and the market for concert tickets on the other side, assuming that there are positive indirect network effects both from the record market to ticket sales for live performances and vice versa. In a model with two interrelated Hotelling lines prices in both markets are corrected downwards when compared to the standard Hotelling model. In the integrated business model file sharing has an ambiguous effect on firms' profitability. As file sharing can indirectly increase demand for live performances, overall profits can either increase or decrease, depending on the strength of indirect network effects. Finally, file sharing may induce firms to switch from the traditional business model with two separate firms to an integrated business model where one agency markets both records and concerts (so-called 360 degree deals).

Network slicing in 5G: An auction-based model

Abstract: The 5G mobile network is expected to meet the diverse demands from multiple types of business services. At the same time, some of the 5G use cases come with hard, and often expensive to meet, requirements in terms of latency and bandwidth. It is a common understanding that one system can not fit all and there is a need for customizing network according to the requirements of specific business use cases. Network slicing is introduced to partition the physical network to different slices to be configured for providing different quality of service as requested by the slice' operator and required by the slice' users. Since these slices will be used by the businesses, e.g. verticals, allocating physical resources to the network slices, is not anymore only a matter of performance but also a matter of revenue and business model. In this paper, we address a joint resource and revenue optimization a novel auction based model. Through extensive simulation study, we demonstrate our proposed auction model can allocate network resources to network slices for providing (i) higher satisfaction of requirements per network slice, and (ii) increased network revenue1.

Business in Context: An Introduction to Business and its Environment

Abstract: The concept of business in context The environment and business The organizational aspects of business Management strategy Innovation Operations Marketing Personnel Finance and accounting Conclusions.