Free and open source hardware repositories provide massive public good, but funding their operation has proven tenuous with conventional business models. This study evaluates business models to foster that public good. Business models for online design repositories are reviewed and a new model...

This chapter applies the lens of emergentism and emergent properties to the understanding of value propositions, value creation, value delivery and value realization. It argues that none of the building blocks typically asserted with business models are of any value without the underlying...

Using an anthropological interpretation, this essay presents the Business Model as a myth that has been institutionalized by a collective group of stakeholders. The myth allows them to become coordinated, especially when their number increases. What brings them all together is shared values...

This study presents a framework for assessing and classifying Business Model Transformation (BMT) of established firms. Using Teece's definition of interlinked BM dimensions, we propose a diamond model to describe a change in a given firm's BM based on the following four dimensions: Target...

Business model research often reflect unlimited flexibility in how firms can renew their business. We present a multiple case study of 21 companies in the Danish container sea freight sector to show how firms located in highly integrated supply chains experience business model lock-in due to...

During the past quarter of a century the academic business and management literature has placed an increased premium on incorporating theory within contributions to it. Coincidentally this is the same time period during which the study of the business model domain has occurred. For the most...

For a long time, researchers and practitioners have implicitly drawn from the notion of complexity and complex systems to better explain business model dynamics. However, for analytical tractability, the nonlinear nature of the construct has never been explicitly acknowledged. To date, the...