Knowledge Tree
Relations (1)
related 9.00 — strongly supporting 9 facts
A business model is fundamentally defined as the architecture or mechanism through which a firm achieves value creation, delivery, and capture [1], [2], [3]. This relationship is further supported by research exploring how organizations leverage business models to identify new opportunities for value creation [4], [5] and the theoretical integration of stakeholder perspectives to enhance value creation for sustainability [6].
Facts (9)
Sources
Business ecosystems as a way to activate lock-in in business models link.springer.com 4 facts
claimThe business model concept accounts for value creation on both the supply side (cost of production and unit delivery) and the demand side.
claimA firm's business model is defined as the architecture of value creation, delivery, and capture mechanisms.
claimThe architecture of a business model refers to the functional relations among value creation, delivery, and capture mechanisms and the underlying activities.
referenceTeece (2010) defines a business model as the mechanism for how a firm creates and appropriates value.
Archetypes of open-source business models | Electronic Markets link.springer.com 2 facts
claimA business model aims to explicate a firm’s core business logic by describing how an organization creates, delivers, and captures value while generating revenue.
claimSeppänen and Helander (2014) explored how organizations create value through business models in the context of open source software.
Business Model Innovation: a Framework for Assessing Corporate ... link.springer.com 2 facts
referenceFreudenreich, Lüdeke-Freund, and Schaltegger (2020) applied a stakeholder theory perspective to business models to examine value creation for sustainability in their paper 'A stakeholder theory perspective on business models: value creation for sustainability' published in the Journal of Business Ethics.
claimBeattie V and Smith SJ (2013) discuss the relationship between value creation and business models, specifically focusing on the intellectual capital debate in the British Accounting Review.
Sustainability through business model innovation and climate ... nature.com 1 fact
referenceHuang and Ichikohji (2023) assert that companies can identify new opportunities for value creation while minimizing negative environmental impacts and maximizing positive social outcomes by reimagining traditional business models.