A Networking-based View of Business Model Innovation: Theory and Method
Rong Fu, Li Qiu, Liang Quyang
Abstract
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Rong Fu, Li Qiu, Liang Quyang
Abstract
Open-access reader
After reviewing the literature, the concept of Business Model or E-Business Models are discussed in Ms paper. Firms keep interacting with each other and build all kinds of relationships among them. Based on the theory of business networks, we put forward a networking-based view of business model analysis frame. When we make decisions to choose one or other business models, first, the source of value should be found. Second, business network models, which show the procedure of value creation and distribution, should be analyzed. Third, we choose the feasible network among networks we analyzed. Finally, the firms' strategy to ensure the location in business networks and turn the business model to a series of business decision are analyzed.
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After reviewing the literature, the concept of Business Model or E-Business Models are discussed in Ms paper. Firms keep interacting with each other and build all kinds of relationships among them. Based on the theory of business networks, we put forward a networking-based view of business model analysis frame. When we make decisions to choose one or other business models, first, the source of value should be found. Second, business network models, which show the procedure of value creation and distribution, should be analyzed. Third, we choose the feasible network among networks we analyzed. Finally, the firms' strategy to ensure the location in business networks and turn the business model to a series of business decision are analyzed.
Key concepts: Business model, Business domain, Artifact-centric business process model, New business development, Business rule, Computer science, Business networking, Business analysis