Fuller, Ted, Warren, Lorraine, Thelwall, Sarah et al, Alamdar, Fizza and Rae, David
(2010)
Rethinking business models as value creating systems.
Leonardo, 43
(1).
pp. 96-97.
ISSN 0024-094x
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Item Type: | Article |
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Item Status: | Live Archive |
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Abstract
The generic notion of a business model is well
understood by investors and business managers and
implies a number of anticipations; chiefly that it is a
replicable process that produces revenues and profits.
At its heart is some replicable process, artefact
or proposition around which the everyday practices
are formed. There are a number of reasons why this
conception is weak in the Creative Industries. We
have identified that the rationale for ‘business models’
in the Creative Industries include providing an
attractor for non goal oriented creative activity, for
stabilising emergent properties from creative activities
and for maintaining the stability of these by
anticipating revenues.
Additional Information: | The generic notion of a business model is well
understood by investors and business managers and
implies a number of anticipations; chiefly that it is a
replicable process that produces revenues and profits.
At its heart is some replicable process, artefact
or proposition around which the everyday practices
are formed. There are a number of reasons why this
conception is weak in the Creative Industries. We
have identified that the rationale for ‘business models’
in the Creative Industries include providing an
attractor for non goal oriented creative activity, for
stabilising emergent properties from creative activities
and for maintaining the stability of these by
anticipating revenues. |
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Keywords: | Business models, entrepreneurship, creative industries, value creation, emergence |
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Subjects: | N Business and Administrative studies > N200 Management studies N Business and Administrative studies > N100 Business studies |
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Divisions: | Lincoln International Business School |
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ID Code: | 2738 |
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Deposited On: | 29 Jun 2010 13:09 |
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