THEORETICAL ASPECTS OF BUSINESS MODELS AND THE CHALLENGES OF THEIR INNOVATIVE TRANSFORMATION UNDER THE CURRENT CONDITIONS
The present article presents the analysis of a number of relevant sources for a better understanding of the business model concept, its evolution, prior to describing the major trends that affect the theory and practice of the concept. We approach the business model as a simplified description...
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| Format: | Article |
| Language: | English |
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Academy of the Economic Studies of Moldova
2023-03-01
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| Series: | Economica |
| Subjects: | |
| Online Access: | https://irek.ase.md/xmlui/bitstream/handle/123456789/2653/Emelian_%20ECONOMICA%201%20%202023.pdf?sequence=1&isAllowed=y |
| _version_ | 1797822427546255360 |
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| author | Vitalie EMELIAN |
| author_facet | Vitalie EMELIAN |
| author_sort | Vitalie EMELIAN |
| collection | DOAJ |
| description | The present article presents the analysis of a
number of relevant sources for a better understanding
of the business model concept, its evolution,
prior to describing the major trends that affect the
theory and practice of the concept. We approach the
business model as a simplified description of how a
company does business and earns money without
having to go into the complex details of all strategies,
processes, units, rules, hierarchies, work flows and
corresponding systems. For a better conceptual
perception of the business model, we considered it
important to highlight its components. In this line of
thinking, we analyse various opinions on the business
model components. Worth mentioning is the fact that
business models are constantly evolving as companies
react to changes. |
| first_indexed | 2024-03-13T10:07:51Z |
| format | Article |
| id | doaj.art-c245df48bf1d4c4e9ba055c64d9d8939 |
| institution | Directory Open Access Journal |
| issn | 1810-9136 |
| language | English |
| last_indexed | 2024-03-13T10:07:51Z |
| publishDate | 2023-03-01 |
| publisher | Academy of the Economic Studies of Moldova |
| record_format | Article |
| series | Economica |
| spelling | doaj.art-c245df48bf1d4c4e9ba055c64d9d89392023-05-22T10:28:27ZengAcademy of the Economic Studies of MoldovaEconomica1810-91362023-03-011123677710.53486/econ.2023.123.067THEORETICAL ASPECTS OF BUSINESS MODELS AND THE CHALLENGES OF THEIR INNOVATIVE TRANSFORMATION UNDER THE CURRENT CONDITIONSVitalie EMELIAN0https://orcid.org/0000-0002-4261-7346ASEMThe present article presents the analysis of a number of relevant sources for a better understanding of the business model concept, its evolution, prior to describing the major trends that affect the theory and practice of the concept. We approach the business model as a simplified description of how a company does business and earns money without having to go into the complex details of all strategies, processes, units, rules, hierarchies, work flows and corresponding systems. For a better conceptual perception of the business model, we considered it important to highlight its components. In this line of thinking, we analyse various opinions on the business model components. Worth mentioning is the fact that business models are constantly evolving as companies react to changes.https://irek.ase.md/xmlui/bitstream/handle/123456789/2653/Emelian_%20ECONOMICA%201%20%202023.pdf?sequence=1&isAllowed=ybusiness modelinnovative transformationvalue creationdigitalizationsustainability |
| spellingShingle | Vitalie EMELIAN THEORETICAL ASPECTS OF BUSINESS MODELS AND THE CHALLENGES OF THEIR INNOVATIVE TRANSFORMATION UNDER THE CURRENT CONDITIONS Economica business model innovative transformation value creation digitalization sustainability |
| title | THEORETICAL ASPECTS OF BUSINESS MODELS AND THE CHALLENGES OF THEIR INNOVATIVE TRANSFORMATION UNDER THE CURRENT CONDITIONS |
| title_full | THEORETICAL ASPECTS OF BUSINESS MODELS AND THE CHALLENGES OF THEIR INNOVATIVE TRANSFORMATION UNDER THE CURRENT CONDITIONS |
| title_fullStr | THEORETICAL ASPECTS OF BUSINESS MODELS AND THE CHALLENGES OF THEIR INNOVATIVE TRANSFORMATION UNDER THE CURRENT CONDITIONS |
| title_full_unstemmed | THEORETICAL ASPECTS OF BUSINESS MODELS AND THE CHALLENGES OF THEIR INNOVATIVE TRANSFORMATION UNDER THE CURRENT CONDITIONS |
| title_short | THEORETICAL ASPECTS OF BUSINESS MODELS AND THE CHALLENGES OF THEIR INNOVATIVE TRANSFORMATION UNDER THE CURRENT CONDITIONS |
| title_sort | theoretical aspects of business models and the challenges of their innovative transformation under the current conditions |
| topic | business model innovative transformation value creation digitalization sustainability |
| url | https://irek.ase.md/xmlui/bitstream/handle/123456789/2653/Emelian_%20ECONOMICA%201%20%202023.pdf?sequence=1&isAllowed=y |
| work_keys_str_mv | AT vitalieemelian theoreticalaspectsofbusinessmodelsandthechallengesoftheirinnovativetransformationunderthecurrentconditions |