Business Models and Transaction Value, Costs and Risks

Wei Wei, Wuxiang Zhu and Guiping Lin ()
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Wei Wei: Peking University
Wuxiang Zhu: Tsinghua University
Guiping Lin: Peking University

Chapter Chapter 2 in Approaching Business Models from an Economic Perspective, 2013, pp 7-24 from Springer

Abstract: Abstract In recent years, business models have emerged as a focal point for enterprise development; for example, the Growth Enterprise Market (GEM) has proposed a series of listing criteria for high-tech companies that includes a new business model. Venture capitalists evaluate a company in terms of its market space, business model, and management. In this context, business models play a leading role. According to research by the American Management Association, enterprises across the globe allocate less than 10 % of their total budgets to develop new business models. In contrast, 60 % of the successful innovations of American enterprises are business model innovations.

Keywords: Business Model; Business System; Residual Income; Business Model Innovation; Logistics Service Provider (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbrcp:978-3-642-31023-2_2

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DOI: 10.1007/978-3-642-31023-2_2

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