Clarifying Business Models

This paper traces the origins, discusses the present and charts the future of the business model concept and its usage in information technology.


The paper identifies the terminology or ontology used to describe a business model, and compares this terminology with previous work. Then the general usages, roles and potential of the concept are outlined. Finally, the connection between the business model concept and Information Systems is described in the form of eight propositions to be analyzed in future work.


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