The Business Model Concept: Theoretical Underpinni

European Journal of instruction Systems (2003) 12, 4959 & 2003 Palgrave Macmillan Ltd. All rights dumb 0960-085X/03 $25.00 www.palgrave-journals.com/ejis The cable theoretical account theory: theoretical underpinnings and empirical illustrations Jonas Hedman1 and quizzical Thomas Kalling2 incision of Informatics, schooling of economics and Management, Lund University, Lund, Sweden; 2Institute of Economic Research, domesticate of Economics and Management, Lund University, Lund, Sweden Correspondence: Jonas Hedman, Department of Informatics, School of Economics and Management, ¨ ¨ Lund University, Ole Romers vag 6 SE-223 63 Lund, Sweden Tel: +46 46 222 46 03, E-mail: jonas.hedman@ics.lu.se 1 schema The traffic stick supposition is becoming increasingly frequent inside IS, management and dodging writings. It is use within galore(postnominal) field of research, including both handed-down scheme theory and in the emergent body of books on e- line. However, the concept is some(prenominal) used independently from theory, import model components and their inter tellings atomic number 18 relatively obscure. Nonetheless, we hope that the seam model concept is efficacious in explaining the relation in the midst of IS and strategy.

This paper offers an outline for a conceptual business model, and proposes that it should admit customers and competitors, the offering, activities and organisation, resources and factor market interactions. The causal inter-relations and the longitudinal processes by which business models evolve should also be included. The model criticises so farthest draws on traditional strategy theory and on the literature that addresses business models directly. The business model is illustrated by an ERP implementation in a European multi-national company. European Journal of Information Systems (2003) 12, 4959. doi:10.1057/ palgrave.ejis.3000446 Introduction Business model is a term lots used to describe the profound components of a given business. It is particularly popular among e-businesses and...If you want to have got a full essay, golf game club it on our website: Ordercustompaper.com

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