Fake It Until You Make It: Business Model Conceptualization in Digital Entrepreneurship

Craig Standing, Jan Mattsson

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

Abstract

Digital business model research spans the disciplines of information systems, marketing and entrepreneurship. Despite the growing research in the area there is a lack of understanding of how digital entrepreneurs identify business opportunities and conceptualize those in a business model. The literature on business models lacks consistent terminology and specification of critical components. Through an explorative study of digital entrepreneurs we examine how entrepreneurs identify business opportunities and how they translate them into a workable business idea. Although entrepreneurs typically have difficulty explaining their business model components we identified that critical features in our simplicity framework include three main modules, transaction/matching, marketing and back-office components, and simplicity in terms of value proposition, conceptualization approach and usability. This research proposes that a parsimonious view of digital business models, aligned with the lean start-up idea, makes sense for theory development and in terms of usefulness for entrepreneurs.
OriginalsprogEngelsk
TidsskriftJournal of Strategic Marketing
Vol/bind26
Udgave nummer5
Sider (fra-til)385-399
ISSN0965-254X
DOI
StatusUdgivet - 2018

Projekter

Dont't Buy, Share! Social E-commerce as a Growth Barrier

Mattsson, J. & Barnes, S.

01/07/201430/06/2017

Projekter: ProjektForskning

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