PARADIGM SHIFT FROM “BUSINESS MODEL” TO “ENTREPRENEURIAL MODEL”
Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2017, vol. 11, issue 1, 778-793
Academic and non-academic literature, after exploiting the term “business model”, increasingly make referral to “entrepreneurial models” or “entrepreneurial business models”. Besides frequent confusion and alternation of terms, there are several papers stressing “entrepreneurial models” as distinctive concepts from “business models”. The phrase “entrepreneurial model” nevertheless still lacks a formal definition. This paper presents a synthesis of the recent literature available in journals indexed in international databases of mainstream publications about business models and entrepreneurial models. After critically analysing common and divergent features of business models and entrepreneurial models, the study identifies and presents the key elements defining entrepreneurial models: innovation and technology, financing solutions, qualitative human resources, strategic partnerships and a social mission, interconnected through the governance structure implemented. By analysing these elements as well as the interaction between them, it attempts to generate a comprehensive definition of the concept.
Keywords: Business Model; Entrepreneurial Business Model; Entrepreneurial Model. (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:11:y:2017:i:1:p:778-793
Access Statistics for this article
Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE is currently edited by Ciocoiu Nadia Carmen
More articles in Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE from Faculty of Management, Academy of Economic Studies, Bucharest, Romania Contact information at EDIRC.
Series data maintained by Ciocoiu Nadia Carmen ().