Business models evolving to realise value : a process perspective
Business models have become an important focus for research in the fields of entrepreneurship, innovation, e-commerce and strategic management. Business models span firm boundaries and describe how a focal firm engages with customers, suppliers, partners and other actors in interactions and resource exchanges aimed at creating and realising value. A business model emerges in the start-up phase and evolves over time as the business develops. Understanding how this happens has important...[Show more]
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