ORCID
- Liu, Shaofeng: 0000-0002-8330-3335
- Pan, Genhua: 0000-0002-2678-7898
Abstract
Business model has been drawing attention from both industry and academia. It plays a crucial role in business operations and strategy. In the revolutionary and competitive environment, business model innovation is likely to lead to better business performance. However, there have been diverse interpretations on the concept and building blocks of a business model. The purpose of this paper is to provide some common understanding on the concept and its core building blocks in order to progress to the development of an innovative business model. A systematic literature review has been undertaken to gain insights into the key themes of the topic, before some recommendations for business model development are made.
DOI
10.18178/joebm.2020.8.2.616
Publication Date
2020-05-01
Publication Title
Journal of Economics, Business and Management
Volume
8
Issue
2
ISSN
2301-3567
Embargo Period
2023-03-01
Organisational Unit
Plymouth Business School
First Page
74
Last Page
79
Recommended Citation
Gao, B., Liu, S., Pan, G., & Ong, A. (2020) 'Concept and Building Blocks of a Business Model: A Systematic Literature Review', Journal of Economics, Business and Management, 8(2), pp. 74-79. Available at: https://doi.org/10.18178/joebm.2020.8.2.616