Business Model Evaluation Research Articles

Understanding Business Models and Business Model Risks

<h3>Abstract</h3> This paper develops a business model framework by integrating common substances and features among the various business model definitions in the literature. The model consists of four basic and interrelated elements: the exchange model, the organizational model, the resource model, and the financial model. The objective is to make business model descriptions more coherent with major perspectives on strategic management as well as more conducive to entrepreneurial practice. The paper also introduces a general structure to describe business model risks, which incorporates risks to the value of market, firm9s share of that value and the competitive sustainability at the model element, relationship and system levels. We hope that the business model framework and risk structure become useful tools for business model design and evaluation. <b>TOPICS:</b>Private equity, risk management, fundamental equity analysis

A Framework for Analyzing Emerging Business Models: Cases of China's Media Industry

This paper proposes a framework for analyzing an emerging business model. It consists of five dimensions: information technology; business environment; value; the firm in terms of capability and resource; and firm boundary. To justify the explanatory power of this framework, we further use it to analyze two cases in China, which leads to the introduction of the Participation Business Model concept. The case studies offer valuable insights into the reality that new business models are emerging as a result of the convergence of telecommunications and entertainment industries. Our framework enables managers to explore deeply the business opportunities of technology innovation, and can be used in business model analysis, design and evaluation and for pedagogical purpose.

Business Model Evaluation in VE under Supply Chain Environment-Multi-Agent Model Based Analysis

Virtual Enterprise (VE) is a temporary alliance of enterprises that come together in order to better respond to cope with demand of customers. VE includes many kinds of business models in term of supply chain, such as vertical structure, horizontal structure and so on. In this study, we focus on the negotiation process in VE, and try to apply multi-agent paradigm with marketing science and game theoretic approach as its decision making mechanism in order to analyse the characteristics of several business models. We propose VE simulation models to analyse the forming dynamism of VE amongst several potential members in the negotiation domain, and finally clarify the performance of VE based business models.