Author:
Baden-Fuller Charles,Morgan Mary S.
Subject
Strategy and Management,Finance,Geography, Planning and Development
Reference58 articles.
1. An Evolutionary Theory of Economic Change;Nelson,1982
2. Table 1 illustrates different definitions of ‘ business models'. For example, Teece's definition that a business model is the relationship between creating value for the customer and capturing value for the firm generates descriptions of firm behaviour couched in those terms; Itami and Nishino's view that a business model is the combination of a profit model, an activity system and a learning project generates firm descriptions according to those characteristics, and both of these are more or less different from Zott and Amit's view that stresses inter-firm relationships and from Gambardella and McGahan's, which concerns innovation in value chain positioning. See D. J. Teece, Business Models, Business Strategy, and Innovation, Long Range Planning 43(2–3), 172–194 (2010);
3. H. Itami and K. Nishino, Killing two birds with one stone: profit for now and learning for the future, Long Range Planning 43(2–3), 364–369 (2010);
4. C. Zott and R. Amit, Business model design: an activity system perspective, Long Range Planning 43(2–3), 216–226 (2010);
5. A. Gambardella and A. M. McGahan, Business-model innovation: general purpose technologies and their implications for industry architecture, Long Range Planning 43(2–3), 262–271 (2010).
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