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The entrepreneur's business model: toward a unified perspective

Published on Jun 1, 2005in Journal of Business Research 4.03
· DOI :10.1016/j.jbusres.2003.11.001
Michael H. Morris43
Estimated H-index: 43
(SU: Syracuse University),
Minet Schindehutte21
Estimated H-index: 21
(Miami University),
Jeff Allen16
Estimated H-index: 16
(UCF: University of Central Florida)
Cite
Abstract
Highly emphasized in entrepreneurial practice, business models have received limited attention from researchers. No consensus exists regarding the definition, nature, structure, and evolution of business models. Still, the business model holds promise as a unifying unit of analysis that can facilitate theory development in entrepreneurship. This article synthesizes the literature and draws conclusions regarding a number of these core issues. Theoretical underpinnings of a firm’s business model are explored. A six-component framework is proposed for characterizing a business model, regardless of venture type. These components are applied at three different levels. The framework is illustrated using a successful mainstream company. Suggestions are made regarding the manner in which business models might be expected to emerge and evolve over time.
  • References (26)
  • Citations (1242)
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References26
Newest
Published on Apr 1, 2005
eter Weeill1
Estimated H-index: 1
Published on Mar 1, 2002in Administrative Science Quarterly 8.02
Nicolaj Siggelkow22
Estimated H-index: 22
(UPenn: University of Pennsylvania)
This paper uses a longitudinal case study of the mutual fund provider, The Vanguard Group, to understand the developmental processes that lead to organizational configurations and fit. A new method for determining an organization's core elements is developed, and four processes are identified that describe the creation and subsequent elaboration of these core elements: thickening (reinforcement of an existing core element by new elaborating elements), patching (creation of a new core element and...
Magali Dubosson-Torbay2
Estimated H-index: 2
(UNIL: University of Lausanne),
Alexander Osterwalder16
Estimated H-index: 16
(UNIL: University of Lausanne),
Yves Pigneur27
Estimated H-index: 27
(UNIL: University of Lausanne)
“Business model” is one of the latest buzzwords in the Internet and electronic business world. This paper has the ambition to give this term a more rigorous content. The objective is threefold. The first one is to propose a theoretical e-business model framework for doing business in the Internet era. The second one is to propose a multi-dimensional classification-scheme for eBusiness Models, as opposed to the actual tendency in academic literature to use two-dimensional classifications. The fin...
Published on Dec 1, 2001in Journal of Management 9.06
Jay B. Barney56
Estimated H-index: 56
(Max M. Fisher College of Business),
Mike Wright97
Estimated H-index: 97
(University of Nottingham),
David J. Ketchen54
Estimated H-index: 54
(FSU: Florida State University)
At present, the resource-based view of the firm is perhaps the most influential framework for understanding strategic management. In this editor’s introduction, we briefly describe the contributions to knowledge provided by the commentaries and articles contained in this issue. In addition, we outline some additional areas of research wherein the resource-based view can be gainfully deployed.
Published on Dec 1, 2001in Academy of Management Journal 7.19
Violina P. Rindova29
Estimated H-index: 29
(UMD: University of Maryland, College Park),
Suresh Kotha18
Estimated H-index: 18
(UW: University of Washington)
In hypercompetitive environments, the established paradigms of sustainability of competitive advantage and stability of organizational form may have limited applicability. Using an in-depth case analysis of the firms Yahoo! and Excite, this study examines how the organizational form, function, and competitive advantage of these firms dynamically coevolved. The study introduces the concept of continuous morphing to describe the comprehensive ongoing transformation through which the focal firms so...
Published on Jul 1, 2001in IEEE Intelligent Systems 4.46
Jaap Gordijn26
Estimated H-index: 26
(UvA: University of Amsterdam),
Hans Akkermans11
Estimated H-index: 11
This article presents an e-business modeling approach that combines the rigorous approach of IT systems analysis with an economic value perspective from business sciences.
Published on Jun 1, 2001in Strategic Management Journal 5.57
Raphael Amit38
Estimated H-index: 38
(UPenn: University of Pennsylvania),
Christoph Zott15
Estimated H-index: 15
(Ad: INSEAD)
We 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. We observe that in e-business new value can be created by the ways in which transactions are enabled. Grounded in the rich data obtained from case study analyses and in the received theory in entrepreneurship and strategic management, we develop a model of the sources of value creation. The model suggest...
Published on Jan 1, 2001in Harvard Business Review 5.69
Kathleen M. Eisenhardt58
Estimated H-index: 58
,
Donald N. Sull15
Estimated H-index: 15
A two level game board apparatus, adapted to be played with playing pieces, comprises a first game board having a column mounted thereon for rotatively supporting a second game board. Each board includes a group of indicated areas adapted to receive the playing pieces. Each group of indicated areas extending about the periphery of the respective boards constitute portions of a path or course. A number of indicated areas on each path portion are designated so as to constitute a distinguishable gr...
Published on Jan 1, 2001in Harvard Business Review 5.69
Mohanbir Sawhney27
Estimated H-index: 27
,
Deval Parikh1
Estimated H-index: 1
(NU: Northwestern University)
Published on Nov 3, 2000
Jeffrey F. Rayport3
Estimated H-index: 3
,
Bernard J. Jaworski5
Estimated H-index: 5
Cited By1242
Newest
Published on Jan 1, 2020
Mirela-Cătălina Turkeș (Dimitrie Cantemir Christian University), Dan Ioan Topor3
Estimated H-index: 3
+ 1 AuthorsDana Maria Constantin1
Estimated H-index: 1
(UB: University of Bucharest)
Published on Jan 1, 2020
Michal Halaška (Silesian University), Roman Šperka4
Estimated H-index: 4
(Silesian University)
Business models raised on popularity in recent years among both researchers and practitioners. However, operational research in the area of business modelling is limited, especially regarding business processes. Greater focus is nowadays put on strategic layer and other perspectives of business models. Thus, the aim of the paper is to implement business model in the form of messaged multi-agent system at the operational layer with process perspective as building block of the model. This approach...
Published on Jan 1, 2020
Adrian Tantau4
Estimated H-index: 4
(Bucharest University of Economic Studies),
Robert Staiger
Published in Applied Energy 8.43
A Camilo Avilés (UC: Pontifical Catholic University of Chile), H Sebastian Oliva , David Watts12
Estimated H-index: 12
(UC: Pontifical Catholic University of Chile)
Abstract Grid-connected microgrids (MG) can offer significant benefits to electricity systems by improving the security of energy supply with clean renewable energy sources. Unlocking these benefits requires designing suitable business models that can capture the value of MGs and that help removing barriers to their uptake. In this work, we evaluate the profitability and self-sufficiency of optimally designed MGs for new proposed business models. The business models are tested in seventeen diffe...
Published on Jul 12, 2019in British Food Journal 1.72
Elisa Truant3
Estimated H-index: 3
,
Laura Broccardo4
Estimated H-index: 4
,
Adrian Zicari2
Estimated H-index: 2
Published on Sep 26, 2018in R & D Management 2.35
Mirjam Roessler (HHL Leipzig Graduate School of Management), Vivek K. Velamuri5
Estimated H-index: 5
(HHL Leipzig Graduate School of Management),
Dirk Schneckenberg13
Estimated H-index: 13
(ESC Rennes School of Business)
Published on May 1, 2019in Scandinavian Journal of Management 1.42
Fiorenza Belussi18
Estimated H-index: 18
(UNIPD: University of Padua),
Luigi Orsi8
Estimated H-index: 8
(University of Milan),
Maria Savarese (UNIPD: University of Padua)
Abstract Today, the business model (BM) is one of the most studied concepts within managerial and innovation literature. Although scholars have shown a growing interest in understanding and analysing the BM, a theoretical conceptualization is still lacking. This paper provides a systematic review of the current state of BM research by mapping the research landscape to identify key research publications, journals that had relevance in developing the BM literature, and the main areas of research. ...