business model

What is a business model?

The first article to use the term “€œbusiness models” was published in 1957, but it is since 1995 that popularity and use of the term have emerged in a multitude of arenas. Although the concept of business models is extensively discussed and has found wide acceptance by journalists, consultants, practitioners and investors, only more recently has the topic received considerable attention in academic literature as well. Practice clearly precedes academic research. One reason for this situation could be that the business model “€œdraws from and integrates various academic and functional disciplines, gaining prominence at none”€ (Chesbrough & Rosenbloom, 2002, p. 533).



Alt & Zimmermann, 2001
Baden-Fuller & Morgan, 2010
Bellman, Clark, Malcolm, Craft, & Ricciardi, 1957
Chesbrough & Rosenbloom, 2002
George & Bock, 2011
Ghaziani & Ventresca, 2005
Lecocq, Demil, & Ventura, 2010
Osterwalder, Pigneur, & Tucci, 2005
Richardson, 2008
Zott & Amit, 2010


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