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Rethinking business models as value creating systems

Record type: Article

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.

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Citation

Fuller, Ted, Warren, Lorraine, Thelwall, Sarah, Alamdar, Fizza and Rae, David (2010) Rethinking business models as value creating systems Leonardo, 43, (1), pp. 96-97.

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: 18 Jul 2017 23:13

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Contributors

Author: Ted Fuller
Author: Lorraine Warren
Author: Sarah Thelwall
Author: Fizza Alamdar
Author: David Rae

University divisions


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