Whenever a business enterprise is established, it either explicitly or implicitly employs a particular business model that describes the design or architecture of the value creation, delivery, and capture mechanisms it employs
2009
Key concepts
- Haas School
- value creation
- honorary doctorate
- economics
- LECG Corporation
- Business University
- Oxford University
- Business Models
- industrial organization
- business enterprise
- california
- economic theory
- Dynamic Capabilities
- public policy
- Vice Chairman
- business strategy
- Strategic Management
- University Press
- innovation management
- David J.
Scholarcy highlights
- Whenever a business enterprise is established, it either explicitly or implicitly employs a particular business model that describes the design or architecture of the value creation, delivery, and capture mechanisms it employs
- The essence of a business model is in defining the manner by which the enterprise delivers value to customers, entices customers to pay for value, and converts those payments to profit
- The purpose of this article is to understand the significance of business models and explore their connections with business strategy, innovation management, and economic theory
- Teece has a Ph.D. in economics from the University of Pennsylvania
- He has four honorary doctorates and was the co-founder and Vice Chairman of LECG Corporation
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