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A Dynamic Vision of Value Chains: From Value Chains to Business Models (BM)

A Dynamic Vision of Value Chains: From Value Chains to Business Models (BM)
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Copyright: 2015
Pages: 27
Source title: Developing Strategic Business Models and Competitive Advantage in the Digital Sector
Source Author(s)/Editor(s): Nabyla Daidj (Telecom Business School, France)
DOI: 10.4018/978-1-4666-6513-2.ch006

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Abstract

The Business Model (BM) notion has become popular because of a business environment shaped by ICT and globalization and characterized by an increasing complexity and uncertainty. Innovative ICT industry coupled with ever-growing products, services, and applications have placed business models at the heart of the new digital revolution. In this chapter, the authors examine how the concept has been applied in the field of ICT and is used in contemporary debate. These new BMs are based on new forms of organization and/or on new products and services offerings. The BM concept has attracted attention both from practitioners and academics. The concept has received wide recognition; yet in practice, it is a new and evolving concept. It has inspired numerous researchers and academics and has given rise to different interpretations, one around which there is not always a perfect consensus. However, despite its wide use, the notion of the business model has become more complex.

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