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Title Radical Innovation Of Business Model - Is Business Modelling A Key To Understand The Essence Of Doing Business?
ID_Doc 34076
Authors Philipson, S
Title Radical Innovation Of Business Model - Is Business Modelling A Key To Understand The Essence Of Doing Business?
Year 2014
Published
Abstract 'Business model' is a fairly new academic concept; competing with Porter's 'sustainable strategic competitiveness' and 'strategic fit' (Porter, 1996), Prahalad & Bettis 'dominant logic' (Prahalad & Bettis, 1986) to give key explanatory understanding of firm performance. We discuss business modelling based on an action research case and show just how fundamental it is. It links fundamental academic discussion of recent decades around concepts such as 'sustainable competitive advantage', 'structural capital' and 'tacit knowledge'.
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