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The evolution of the definition of “business model”


Igory Kraevskiy
(about the author)

Kraevskiy Igory Sergeevich – Post-graduate, Russian Presidential Academy of National Economy and Public Administration

Published in:
Russian Journal of Innovation Economics
– № 8 (8) / 2011



Keywords: business model, profits, revenue, strategy, term, value


Citation:
Igory Kraevskiy (2011). The evolution of the definition of “business model”. Russian Journal of Innovation Economics, 1(8), 10-14. — url: http://bgscience.ru/com/lib/5077


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Abstract:

The article discusses the evolution of the term "business model" from the viewpoints of different scholars on this concept. The study found that in the modern sense in the heart of the business model is valuable, but it is inextricably linked with the process of its creation, delivery to the client and the formation of the company's profits.







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