Rethinking business models as value creating systems

Fuller, Ted , Warren, Lorraine, Thelwall, Sarah , Alamdar, Fizza and Rae, David (2009) Rethinking business models as value creating systems. Leonardo , 43, (1), 96-97.


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The generic notion of a business model is well
understood by investors and business managers and
implies a number of anticipations; chiefly that it is a
replicable process that produces revenues and profits.
At its heart is some replicable process, artefact
or proposition around which the everyday practices
are formed. There are a number of reasons why this
conception is weak in the Creative Industries. We
have identified that the rationale for ‘business models’
in the Creative Industries includes providing an
attractor for non goal oriented creative activity, for
stabilising emergent properties from creative activities
and for maintaining the stability of these by
anticipating revenues.

Item Type: Article
Additional Information: Leonardo Transactions, Special section
ISSNs: 0024-094X (print)
1530-9282 (electronic)
Related URLs:
Keywords: entrepreneurship, emergence, business models, value creating systems
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions : University Structure - Pre August 2011 > School of Management
ePrint ID: 80442
Accepted Date and Publication Date:
27 February 2009Submitted
February 2010Published
Date Deposited: 24 Mar 2010
Last Modified: 31 Mar 2016 13:16

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