Business models
Business models provide a set of generic descriptors of how firm organizes itself to create, and distribute value in a profitable manner.
A scale model is an exact copy of reality at a smaller dimension. Role models on the other hand are meant as an inspiration for others who can use that model as a point of departure, for building their own business model. Role models describe success factors that should be replicated.
When we talk about business models as model organisms for investigation, business models are very rarely stable scale models. Business models are kind of like a laboratory set-up, in which we can think through different manipulations. Business models are art as well as science.
When we talk about business models as model organisms for investigation, business models are very rarely stable scale models. Business models are kind of like a laboratory set-up, in which we can think through different manipulations. Business models are art as well as science.
This blog post is based on my learnings from the course on ‘social entrepreneurship’ offered by Copenhagen Business School through Coursera (2014).
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