Skip to main content
Top

2020 | OriginalPaper | Chapter

2. The Business Model Concept

Author : Bernd W. Wirtz

Published in: Business Model Management

Publisher: Springer International Publishing

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

The term “business model” has a long tradition in management theory, although the modern business model concept took a long time to develop. Hence, before analyzing business models as a management concept, we need to investigate the origin of the term business model because in early academic publications a wide variety of interpretations can be found.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Footnotes
1
See also for the following chapter Wirtz (2010a, 2018a, 2019a).
 
Literature
go back to reference Al-Debei, M. M., El-Haddadeh, R., & Avison, D. (2008). Defining the business model in the new world of digital business. In Fourteenth Americas Conference on Information Systems (pp. 1–11). Al-Debei, M. M., El-Haddadeh, R., & Avison, D. (2008). Defining the business model in the new world of digital business. In Fourteenth Americas Conference on Information Systems (pp. 1–11).
go back to reference Ansoff, H. (1965). Corporate strategy. New York: McGraw-Hill. Ansoff, H. (1965). Corporate strategy. New York: McGraw-Hill.
go back to reference Chandler, A. (1962). Strategy and structure: Chapters in the history of the industrial enterprise. Cambridge: MIT. Chandler, A. (1962). Strategy and structure: Chapters in the history of the industrial enterprise. Cambridge: MIT.
go back to reference Chesbrough, H., & Rosenbloom, R. S. (2002). The role of the business model in capturing value from innovation: Evidence from Xerox Corporation’s technology spin-off companies. Industrial and Corporate Change, 11(3), 529–555.CrossRef Chesbrough, H., & Rosenbloom, R. S. (2002). The role of the business model in capturing value from innovation: Evidence from Xerox Corporation’s technology spin-off companies. Industrial and Corporate Change, 11(3), 529–555.CrossRef
go back to reference Eriksson, H.-E., & Penker, M. (2000). Business modeling with UML: Business patterns at work. New York: Wiley. Eriksson, H.-E., & Penker, M. (2000). Business modeling with UML: Business patterns at work. New York: Wiley.
go back to reference Frese, E. (1992). Organisationstheorie: Historische Entwicklung – Ansätze – Perspektiven (2nd ed.). Wiesbaden: Gabler.CrossRef Frese, E. (1992). Organisationstheorie: Historische Entwicklung – Ansätze – Perspektiven (2nd ed.). Wiesbaden: Gabler.CrossRef
go back to reference Ghaziani, A., & Ventresca, M. J. (2005). Keywords and cultural change: Frame analysis of business model public talk, 1975-2000. Sociological Forum, 20(4), 523–559.CrossRef Ghaziani, A., & Ventresca, M. J. (2005). Keywords and cultural change: Frame analysis of business model public talk, 1975-2000. Sociological Forum, 20(4), 523–559.CrossRef
go back to reference Hamel, G. (2000). Leading the revolution. Boston: Harvard Business School Press. Hamel, G. (2000). Leading the revolution. Boston: Harvard Business School Press.
go back to reference Hedman, J., & Kalling, T. (2002). IT and business models: Concepts and theories. Malmö: Liber. Hedman, J., & Kalling, T. (2002). IT and business models: Concepts and theories. Malmö: Liber.
go back to reference Johnson, M. W., Christensen, C. M., & Kagermann, H. (2008). Reinventing your business model. Harvard Business Review, 89(12), 50–59. Johnson, M. W., Christensen, C. M., & Kagermann, H. (2008). Reinventing your business model. Harvard Business Review, 89(12), 50–59.
go back to reference Konczal, E. F. (1975). Models are for managers, not mathematicians. Journal of Systems Management, 26(1), 12–15. Konczal, E. F. (1975). Models are for managers, not mathematicians. Journal of Systems Management, 26(1), 12–15.
go back to reference Kor, Y. Y., & Mahoney, J. T. (2004). Edith Penroses’s (1959) contributions to the resource-based view of strategic management. Journal of Management Studies, 41(1), 183–191.CrossRef Kor, Y. Y., & Mahoney, J. T. (2004). Edith Penroses’s (1959) contributions to the resource-based view of strategic management. Journal of Management Studies, 41(1), 183–191.CrossRef
go back to reference Lazonick, W. (2005). Evolution of the new economy business model. Business and Economic History, 3, 1–60. Lazonick, W. (2005). Evolution of the new economy business model. Business and Economic History, 3, 1–60.
go back to reference Lehmann-Ortega, L., & Schoettl, J.-M. (2005). From buzzword to managerial tool: The role of business models in strategic innovation. In Cladea, Annual Assembly 2005 (pp. 1–14). Lehmann-Ortega, L., & Schoettl, J.-M. (2005). From buzzword to managerial tool: The role of business models in strategic innovation. In Cladea, Annual Assembly 2005 (pp. 1–14).
go back to reference Linder, J. C., & Cantrell, S. (2000). Changing business models: Surveying the landscape. Hamilton. Linder, J. C., & Cantrell, S. (2000). Changing business models: Surveying the landscape. Hamilton.
go back to reference Magretta, J. (2002). Why business models matter. Harvard Business Review, 80(5), 86–92. Magretta, J. (2002). Why business models matter. Harvard Business Review, 80(5), 86–92.
go back to reference Osterwalder, A., Pigneur, Y., & Tucci, C. L. (2005). Clarifying business models: Origins, present, and future of the concept. Communications of the Association for Information Systems, 16(1), 1–25. Osterwalder, A., Pigneur, Y., & Tucci, C. L. (2005). Clarifying business models: Origins, present, and future of the concept. Communications of the Association for Information Systems, 16(1), 1–25.
go back to reference Penrose, E. (1951). The economics of the international patent system. Baltimore: Johns Hopkins Press. Penrose, E. (1951). The economics of the international patent system. Baltimore: Johns Hopkins Press.
go back to reference Schoegel, K. (2001). Geschäftsmodelle: Konstrukt – Bezugsrahmen – Management. München: FGM. Schoegel, K. (2001). Geschäftsmodelle: Konstrukt – Bezugsrahmen – Management. München: FGM.
go back to reference Schweizer, L. (2005). Concept and evolution of business models. Journal of General Management, 31(2), 37–56.CrossRef Schweizer, L. (2005). Concept and evolution of business models. Journal of General Management, 31(2), 37–56.CrossRef
go back to reference Seppänen, M., & Mäkinen, S. (2006). Conceptual schema of resources for business models. Management of Innovation and Technology, 2(21), 1066–1069. Seppänen, M., & Mäkinen, S. (2006). Conceptual schema of resources for business models. Management of Innovation and Technology, 2(21), 1066–1069.
go back to reference Teece, D. J. (2010). Business models, business strategy and innovation. Long Range Planning, 43(2–3), 172–194.CrossRef Teece, D. J. (2010). Business models, business strategy and innovation. Long Range Planning, 43(2–3), 172–194.CrossRef
go back to reference Tikkanen, H., Lamberg, J.-A., Parvinen, P., & Kallunki, J.-P. (2005). Managerial cognition, action and the business model of the firm. Management Decision, 43(6), 789–809.CrossRef Tikkanen, H., Lamberg, J.-A., Parvinen, P., & Kallunki, J.-P. (2005). Managerial cognition, action and the business model of the firm. Management Decision, 43(6), 789–809.CrossRef
go back to reference Wirtz, B. W. (2010a). Business model management: Design – Instrumente – Erfolgsfaktoren von Geschäftsmodellen (1st ed.). Wiesbaden: Gabler. Wirtz, B. W. (2010a). Business model management: Design – Instrumente – Erfolgsfaktoren von Geschäftsmodellen (1st ed.). Wiesbaden: Gabler.
go back to reference Wirtz, B. W. (2011). Business model management: Design – instruments – success factors. Wiesbaden: Gabler.CrossRef Wirtz, B. W. (2011). Business model management: Design – instruments – success factors. Wiesbaden: Gabler.CrossRef
go back to reference Wirtz, B. W. (2018a). Business model management: Design – Instrumente – Erfolgsfaktoren von Geschäftsmodellen (4th ed.). Wiesbaden: Springer Gabler.CrossRef Wirtz, B. W. (2018a). Business model management: Design – Instrumente – Erfolgsfaktoren von Geschäftsmodellen (4th ed.). Wiesbaden: Springer Gabler.CrossRef
go back to reference Wirtz, B. W. (2019a). Digital business models: Concepts, models, and the alphabet case study. Progress in IS. Cham: Springer.CrossRef Wirtz, B. W. (2019a). Digital business models: Concepts, models, and the alphabet case study. Progress in IS. Cham: Springer.CrossRef
go back to reference Wirtz, B. W., & Becker, D. (2002a). Geschäftsmodellansätze und Geschäftsmodellvarianten im Electronic Business – Eine Analyse zu Erscheinungsformen von Geschäftsmodellen. WiSt – Wirtschaftswissenschaftliches Studium, 31(2), 85–90.CrossRef Wirtz, B. W., & Becker, D. (2002a). Geschäftsmodellansätze und Geschäftsmodellvarianten im Electronic Business – Eine Analyse zu Erscheinungsformen von Geschäftsmodellen. WiSt – Wirtschaftswissenschaftliches Studium, 31(2), 85–90.CrossRef
go back to reference Wirtz, B. W., & Kleineicken, A. (2000). Geschäftsmodelltypologien im Internet. WiSt – Wirtschaftswissenschaftliches Studium, 29(11), 626–635.CrossRef Wirtz, B. W., & Kleineicken, A. (2000). Geschäftsmodelltypologien im Internet. WiSt – Wirtschaftswissenschaftliches Studium, 29(11), 626–635.CrossRef
go back to reference Wirtz, B. W., Göttel, V., & Daiser, P. (2016a). Business model innovation: Development, concept and future research directions. Journal of Business Models, 4(1), 1–28. Wirtz, B. W., Göttel, V., & Daiser, P. (2016a). Business model innovation: Development, concept and future research directions. Journal of Business Models, 4(1), 1–28.
go back to reference Wirtz, B. W., Pistoia, A., Ullrich, S., & Göttel, V. (2016b). Business models: Origin, development and future research perspectives. Long Range Planning, 49(1), 36–54.CrossRef Wirtz, B. W., Pistoia, A., Ullrich, S., & Göttel, V. (2016b). Business models: Origin, development and future research perspectives. Long Range Planning, 49(1), 36–54.CrossRef
go back to reference Zollenkop, M. (2006). Geschäftsmodellinnovation. Wiesbaden: Deutscher Universitäts-Verlag. Zollenkop, M. (2006). Geschäftsmodellinnovation. Wiesbaden: Deutscher Universitäts-Verlag.
go back to reference Zott, C., Amit, R., & Massa, L. (2011). The business model: Recent developments and future research. Journal of Management, 37, 1019–1042.CrossRef Zott, C., Amit, R., & Massa, L. (2011). The business model: Recent developments and future research. Journal of Management, 37, 1019–1042.CrossRef
Metadata
Title
The Business Model Concept
Author
Bernd W. Wirtz
Copyright Year
2020
Publisher
Springer International Publishing
DOI
https://doi.org/10.1007/978-3-030-48017-2_2