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What do business models do? Narratives, calculation and market exploration

Liliana Doganova (liliana.doganova@mines-paristech.fr) and Marie Eyquem-Renault (renault@ensmp.fr)
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Liliana Doganova: CSI i3 - Centre de Sociologie de l'Innovation i3 - Mines Paris - PSL (École nationale supérieure des mines de Paris) - PSL - Université Paris Sciences et Lettres - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique
Marie Eyquem-Renault: CSI i3 - Centre de Sociologie de l'Innovation i3 - Mines Paris - PSL (École nationale supérieure des mines de Paris) - PSL - Université Paris Sciences et Lettres - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique, ESDES - ESDES, Lyon Business School - UCLy - UCLy - UCLy (Lyon Catholic University)

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Abstract: Building on a case study of an entrepreneurial venture, we investigate the role played by business models in the innovation process. Rather than debating their accuracy and efficiency, we adopt a pragmatic approach to business models -- we examine them as market devices, focusing on their materiality, use and dynamics. Taking into account the variety of its forms, which range from corporate presentations to business plans, we show that the business model is a narrative and calculative device that allows entrepreneurs to explore a market and plays a performative role by contributing to the construction of the techno-economic network of an innovation.WP abstract: Analyzes the uses and functions of business models through original, qualitative case studies focused on research-based spin-offs.

Keywords: Business models; spin-offs; innovation; commercialization; calculation; exploration; R&D; entrepreneurship; Modèles d'affaires; entreprises issues de la recherche; commercialisation; calcul; entrepreneuriat (search for similar items in EconPapers)
Date: 2009
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00347615v1
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Citations: View citations in EconPapers (40)

Published in Research Policy, 2009, 38 (10), pp.1559-1570. ⟨10.1016/j.respol.2009.08.002⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00347615

DOI: 10.1016/j.respol.2009.08.002

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