Knowledge Tree
Relations (1)
related 2.00 — strongly supporting 3 facts
A business model is fundamentally defined by how it accounts for and interacts with stakeholders, as evidenced by [1], and its long-term sustainability is contingent upon the inclusion of a broader range of these stakeholders within its system boundary as described in [2].
Facts (3)
Sources
Does the combination of sustainable business model patterns lead ... link.springer.com 2 facts
referenceAccording to Pati et al. (2018), contingency categories for business models are divided into internal and external factors: internal contingencies include strategy, long-term entrepreneurial/managerial orientation, and organizational resources (tangible and intangible); external contingencies include the competitive environment, the firm's stakeholders, and the value-adding network.
claimBusiness models that appear sustainable within a limited system boundary may prove to be environmentally and socially unsustainable when the system boundary is enlarged to include a broader range of stakeholders and interactions.
Business ecosystems as a way to activate lock-in in business models link.springer.com 1 fact
claimA firm's business model accounts for immediate stakeholders, including but not limited to customers and shareholders.