Definition of a Business Model is Ambiguous

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In Ho Kim
Professor, Korea (South)

Definition of a Business Model is Ambiguous

In studying or analyzing something, a clear-cut definition of the concept or term is required.
As far as 'Business Model' is concerned, it is one term with many meanings.
I therefore recommend to use 'business paradigm' as a new terminology that always has one term with one meaning.
A BUSINESS PARADIGM always refers to the mechanism to connect Explicit Needs (demand side) with Extended Value Chain (supply side). Where 'explicit needs' stands for needs with willingness to pay (purchase) as well as purchasing power, and 'Extended Value Chain' implies the willingness to add entrepreneurial activities and resources to Porter's value chain.

  drs. ing. Peter Cleton
Management Consultant, Netherlands
 

Business Model Definition According to Osterwalder

I would suggest to use Osterwalder's Business model definition:
"A Business Model is the logic a company earns money".

  In Ho Kim
Professor, Korea (South)
 

Why Business Paradigm Rather Than Business Model

@Ing. Peter Cleton: Absolutely I accept the defini (...)

  Derek Lark
CEO, Australia
 

Business Model Definition

Hi Mr Kim, I am not a big fan of the term paradigm (...)

  Gert Kindgren
Management Consultant, Sweden
 

Business Model Purpose

The value of defining a Business Model seems to be (...)

  Derek Lark
CEO, Australia
 

Business Model Purpose

@Gert Kindgren: I like what you are saying. Snapsh (...)

  Gert Kindgren
Management Consultant, Sweden
 

Further on the Purpose of a Business Model

I trust what you need in the end is a good plausib (...)

  In Ho Kim
Professor, Korea (South)
 

Why Business Paradigm Rather Than Business Model

These three: concept + term + definition should go (...)

  Derek Lark
CEO, Australia
 

Business Model Terminology and Usage

@Gert, thank you yes totally agree the blueprint c (...)

  In Ho Kim
Professor, Korea (South)
 

Terminology and Usage

I am just on your side on that it doesn't matter w (...)

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