Business modeling tools are crucial for designing and implementing successful business models. However, there exist instances-which we refer to as the design of ecosystemic business models-in which developing a business model requires simultaneous consideration of both one's own business model...

An ecosystem is an intentional community of interdependent actors. If a firm adopts an ecosystem perspective, its focus shifts from maximising the firm's value to creating value for the entire system. Consequently, the ecosystem governance represents a critical factor in successful value...

Purpose: Functioning of business models that follow the philosophy of circular economy is a growing research theme but discussion about the potential and the limitations of such business models remains unstructured. We provide a focused perspective on the meaning of complementarity between the...

Purpose: We discuss traditional assumptions about value creation and confront these with current views on sustainable value creation (SVC). Against this backdrop, the articles contained in the special issue "Sustainable Value Creation Through Business Models" are introduced, and their...

This paper outlines and discusses one approach for teaching business students about the role of value propositions as an important part of any organization's business model. The course-wide approach is organized around understanding, creating and capturing value. The approach involves...

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...

We examine whether business model concepts, that demonstrate significant convergence to Distributed Ledger Technology (DLT) attributes, fit to DLT ecosystem characteristics and identify similarities and deflections. We answer the question whether the appropriate DLT business model is totally...

We draw on recent research in business models and hybrid organizations to propose a novel model for bridging the logics that often conflict as science-based technologies are commercialized. The key insight from this model is adopting a broader conceptualization of value creation may enhance...

Purpose: A systematic review of the literature on circular business models was performed, for synthesis of what it reveals about the role and value of data in those models. The increasing quantity of supply-chain and life-cycle data available has potential to be a signifi­cant driver of...

This paper presents a practical approach for helping innovation leaders to build value propositions that result in more sustainable businesses. The Sustainable Value Proposition Builder is a new tool developed to support the development and communication of value propositions to multiple...