Innovation and Sustainable Business Development

Innovation and Sustainable
Business Development
Presented By:

Business model
• A business model is referred to the clear and concise way of
showing how exactly the business is operated.
• In an organization, the management team is expected to
explain the business model in few sentences
• The business model explains the various methods, which
can be used by companies in generating revenue.
• It can include charging the fees for subscription, selling the
products or services, selling the service contract over the
item for creating the revenue opportunities.
• The model also depicts the factors related to the business
operation that leads to profitability.

Notion of an e-business archetype, business model as an activity system AND a
business model as a cost-revenue architecture
• The business model is the integral part of economic and trading behaviour in this pre-
classical period.
• In the mid-1990 the concept of business model has become more prevalent through the
coming of the internet
• The research stream that is devoted towards the business model focuses on e-business.
• It implies doing the business electronically.
• It includes e-markets, e-commerce, as well as internet based business
• Indeed, all these developments have opened the doors for business model design
through enabling the companies to bring change in primary ways for organizing and
engaging in the economic exchange in inside and across the boundaries of the industry.
• The companies conceptualize the business model like the system of interdependent
activities, which transcend the focal companies and span around the boundaries
(Vennix, 1992).
• The system of activity try to enable the company to create value in relation with
partners, but also relevant to value creation share