A guide to the concept and implementation of business model innovation: The 5 V BM framework
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Data de Publicação: | 2021 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | https://hdl.handle.net/1822/80334 |
Resumo: | [Excerpt] Background: The term Business Model (BM) came into popular parlance in the mid-1990s when newly founded internet-based companies emerged, challenging traditional incumbents. Victims of such change are numerous. Take Blockbuster (video renting company) as an example. The managers were too reluctant to incorporate the web into their BM, allowing opportunistic newcomers like Netflix to make the most of the situation and grab their customers. As many business activities such as marketing, sales, information acquisition, and customer communication began to shift to the online environment, companies were forced to revamp their traditional structure into web-based platforms, recognised as "changing their BM". Ever since then, constant academic and business efforts have been devoted to building a clearer picture of the firm’s BM. One of the outcomes of such efforts is the emergence of the concept of Business Model Innovation (BM innovation). [...] |
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A guide to the concept and implementation of business model innovation: The 5 V BM frameworkCiências Sociais::Economia e GestãoSocial Sciences[Excerpt] Background: The term Business Model (BM) came into popular parlance in the mid-1990s when newly founded internet-based companies emerged, challenging traditional incumbents. Victims of such change are numerous. Take Blockbuster (video renting company) as an example. The managers were too reluctant to incorporate the web into their BM, allowing opportunistic newcomers like Netflix to make the most of the situation and grab their customers. As many business activities such as marketing, sales, information acquisition, and customer communication began to shift to the online environment, companies were forced to revamp their traditional structure into web-based platforms, recognised as "changing their BM". Ever since then, constant academic and business efforts have been devoted to building a clearer picture of the firm’s BM. One of the outcomes of such efforts is the emergence of the concept of Business Model Innovation (BM innovation). [...]This work was supported by National Funds of the FCT - Portuguese Foundation for Science and Technology within the project UID/ECO/03182/2019.ElsevierUniversidade do MinhoRezazadeh, ArashCarvalho, Ana2021-06-092021-06-09T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttps://hdl.handle.net/1822/80334engRezazadeh, A., & Carvalho, A. (2021, April). A guide to the concept and implementation of business model innovation: The 5 V BM framework. Organizational Dynamics. Elsevier BV. http://doi.org/10.1016/j.orgdyn.2020.1007790090-261610.1016/j.orgdyn.2020.100779https://www.sciencedirect.com/science/article/pii/S0090261620300310info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-01-13T01:23:25Zoai:repositorium.sdum.uminho.pt:1822/80334Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T18:46:49.535737Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
A guide to the concept and implementation of business model innovation: The 5 V BM framework |
title |
A guide to the concept and implementation of business model innovation: The 5 V BM framework |
spellingShingle |
A guide to the concept and implementation of business model innovation: The 5 V BM framework Rezazadeh, Arash Ciências Sociais::Economia e Gestão Social Sciences |
title_short |
A guide to the concept and implementation of business model innovation: The 5 V BM framework |
title_full |
A guide to the concept and implementation of business model innovation: The 5 V BM framework |
title_fullStr |
A guide to the concept and implementation of business model innovation: The 5 V BM framework |
title_full_unstemmed |
A guide to the concept and implementation of business model innovation: The 5 V BM framework |
title_sort |
A guide to the concept and implementation of business model innovation: The 5 V BM framework |
author |
Rezazadeh, Arash |
author_facet |
Rezazadeh, Arash Carvalho, Ana |
author_role |
author |
author2 |
Carvalho, Ana |
author2_role |
author |
dc.contributor.none.fl_str_mv |
Universidade do Minho |
dc.contributor.author.fl_str_mv |
Rezazadeh, Arash Carvalho, Ana |
dc.subject.por.fl_str_mv |
Ciências Sociais::Economia e Gestão Social Sciences |
topic |
Ciências Sociais::Economia e Gestão Social Sciences |
description |
[Excerpt] Background: The term Business Model (BM) came into popular parlance in the mid-1990s when newly founded internet-based companies emerged, challenging traditional incumbents. Victims of such change are numerous. Take Blockbuster (video renting company) as an example. The managers were too reluctant to incorporate the web into their BM, allowing opportunistic newcomers like Netflix to make the most of the situation and grab their customers. As many business activities such as marketing, sales, information acquisition, and customer communication began to shift to the online environment, companies were forced to revamp their traditional structure into web-based platforms, recognised as "changing their BM". Ever since then, constant academic and business efforts have been devoted to building a clearer picture of the firm’s BM. One of the outcomes of such efforts is the emergence of the concept of Business Model Innovation (BM innovation). [...] |
publishDate |
2021 |
dc.date.none.fl_str_mv |
2021-06-09 2021-06-09T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://hdl.handle.net/1822/80334 |
url |
https://hdl.handle.net/1822/80334 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Rezazadeh, A., & Carvalho, A. (2021, April). A guide to the concept and implementation of business model innovation: The 5 V BM framework. Organizational Dynamics. Elsevier BV. http://doi.org/10.1016/j.orgdyn.2020.100779 0090-2616 10.1016/j.orgdyn.2020.100779 https://www.sciencedirect.com/science/article/pii/S0090261620300310 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Elsevier |
publisher.none.fl_str_mv |
Elsevier |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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