Towards a classification of resources for the business model concept

Marko Seppanen and Saku Makinen

International Journal of Management Concepts and Philosophy, 2007, vol. 2, issue 4, 389-404

Abstract: Recently, a business model concept has been proposed to support managing the exploitation of business opportunities. This paper continues the discussion on the representation of resources as a part of the business model concept. There is a need to select and arrange resources of the firm in order to fulfil the value creation potential and achieve competitive advantage. Although the role of resources has been elucidated in this new field of enquiry, the exposition and the categorisation of resources has been left ambiguous. The contribution of this study is an empirically and theoretically grounded categorisation of the resources that need to be combined with the business model concept in order to exploit rent generation potential.

Keywords: business models; categorisation; resources classification; resource-based view; RBV; rent generation; exploitation; value creation; business opportunities. (search for similar items in EconPapers)
Date: 2007
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