Rethinking business models as value creating systems
Rethinking business models as value creating systems
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.
entrepreneurship, emergence, business models, value creating systems
96-97
Fuller, Ted
4a3b20ff-2400-4677-8fe1-b9866366ad6d
Warren, Lorraine
1ec8193d-f90f-48f6-9205-041dcf89121d
Thelwall, Sarah
04c75f8a-b60c-4c5f-ae5b-909ff23cd83d
Alamdar, Fizza
fe7827ba-632d-40b2-9a56-052aee1ee720
Rae, David
74ead3d5-501b-4aa0-bed5-f928c5b4152b
February 2010
Fuller, Ted
4a3b20ff-2400-4677-8fe1-b9866366ad6d
Warren, Lorraine
1ec8193d-f90f-48f6-9205-041dcf89121d
Thelwall, Sarah
04c75f8a-b60c-4c5f-ae5b-909ff23cd83d
Alamdar, Fizza
fe7827ba-632d-40b2-9a56-052aee1ee720
Rae, David
74ead3d5-501b-4aa0-bed5-f928c5b4152b
Fuller, Ted, Warren, Lorraine, Thelwall, Sarah, Alamdar, Fizza and Rae, David
(2010)
Rethinking business models as value creating systems.
Leonardo, 43 (1), .
Abstract
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.
This record has no associated files available for download.
More information
Submitted date: 27 February 2009
Published date: February 2010
Additional Information:
Leonardo Transactions, Special section
Keywords:
entrepreneurship, emergence, business models, value creating systems
Identifiers
Local EPrints ID: 80442
URI: http://eprints.soton.ac.uk/id/eprint/80442
PURE UUID: 8c516cd1-fa80-48ce-b26e-adbf44960b40
Catalogue record
Date deposited: 24 Mar 2010
Last modified: 08 Jan 2022 02:27
Export record
Contributors
Author:
Ted Fuller
Author:
Lorraine Warren
Author:
Sarah Thelwall
Author:
Fizza Alamdar
Author:
David Rae
Download statistics
Downloads from ePrints over the past year. Other digital versions may also be available to download e.g. from the publisher's website.
View more statistics