Title
The Entrepreneur'S Business Model: Toward A Unified Perspective
Keywords
Activity sets; Architecture; Business model; Model dynamics; Strategy
Abstract
Highly emphasized in entrepreneurial practice, business models have received limited attention from researchers. No consensus exists regarding the definition, nature, structure, and evolution of business models. Still, the business model holds promise as a unifying unit of analysis that can facilitate theory development in entrepreneurship. This article synthesizes the literature and draws conclusions regarding a number of these core issues. Theoretical underpinnings of a firm's business model are explored. A six-component framework is proposed for characterizing a business model, regardless of venture type. These components are applied at three different levels. The framework is illustrated using a successful mainstream company. Suggestions are made regarding the manner in which business models might be expected to emerge and evolve over time. © 2003 Elsevier Inc. All rights reserved.
Publication Date
6-1-2005
Publication Title
Journal of Business Research
Volume
58
Issue
6
Number of Pages
726-735
Document Type
Article
Personal Identifier
scopus
DOI Link
https://doi.org/10.1016/j.jbusres.2003.11.001
Copyright Status
Unknown
Socpus ID
12144271745 (Scopus)
Source API URL
https://api.elsevier.com/content/abstract/scopus_id/12144271745
STARS Citation
Morris, Michael; Schindehutte, Minet; and Allen, Jeffrey, "The Entrepreneur'S Business Model: Toward A Unified Perspective" (2005). Scopus Export 2000s. 3964.
https://stars.library.ucf.edu/scopus2000/3964