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Assessing Process Fit in ERP Implementation Projects: A Methodological Approach Read chapter Read first chapter

2017 | OriginalPaper | Chapter

Developing Design Principles for a Crowd-Based Business Model Validation System

Authors : Dominik Dellermann, Nikolaus Lipusch, Philipp Ebel

Published in: Designing the Digital Transformation

Publisher: Springer International Publishing

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Abstract

The high uncertainty of creating business models demands entrepreneurs to re-evaluate and continuously adapt them. Therefore, incubators offer validation services. However, systematic, and scalable information systems to enable interaction with a crowd of potential customers, investors, or other stakeholders and entrepreneurs do not exist. Our aim is thus to develop tentative design principles for crowd-based business model validation (CBMV) systems. Such systems should support entrepreneurs to reduce the uncertainty about the validity of their business model. Thus, we apply a theory-driven design approach based on knowledge drawn from literature and complemented by empirical insights. For developing such information systems, we combine the concept of crowdsourcing with findings from research on decision support systems to propose theory-grounded design principles for a CBMV system. The identified design principles describe a potential solution to a problem that previous research proved as viable.

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Metadata
Title
Developing Design Principles for a Crowd-Based Business Model Validation System
Authors
Dominik Dellermann
Nikolaus Lipusch
Philipp Ebel
Copyright Year
2017
Book
Designing the Digital Transformation

Print ISBN: 978-3-319-59143-8

Electronic ISBN: 978-3-319-59144-5

Copyright Year: 2017

DOI
https://doi.org/10.1007/978-3-319-59144-5_10

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