Business Model Design: Novelty and Efficiency

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Author(s): Rayssa Quirino (Instituto Superior de Gestão, Portugal)and Alvaro Lopes Dias (Universidade Lusófona, Portugal & ISCTE, Instituto Universitário de Lisboa, Portugal)
Copyright: 2021
Pages: 11
Source title: Competitive Drivers for Improving Future Business Performance
Source Author(s)/Editor(s): Carlos Martins (Lusíada University of Porto, Portugal)and Paula Rodrigues (Lusíada University of Porto, Portugal)
DOI: 10.4018/978-1-7998-1843-4.ch003

Keywords: Business & Management / Business and Organizational Research / Business Process Management / Business Science Reference

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Abstract

Business model design refers to the design of transactions operated by an organization represented by the content, structure, and governance of all transactions that occur in an organization in order to create value through exploration of a business opportunity. This study has as objective to analyze the impact of one or more business model design has on the performance. Through the conduct of surveys, a sample of 30 companies was collected between Europe and Brazil. The results showed that it was not possible to obtain correlations to validate the hypotheses, due to the great difficulty of obtaining the data by the companies, thus leading to a reduced number of respondents. This study contributes significantly to the theory of innovation and entrepreneurship, as a response to a latent need on the part of the literature to consistently homogenize the understanding about the theme and clear recommendations and practices for management.

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Business Model Design: Novelty and Efficiency

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