A “business model” is a business concept that represents the functional logic on which the value creation of a company or an industry is based, as well as the essential structures.
The definition given above was proposed as part of the Digital Era Framework by Dr. Dr. Jörn Lengsfeld. The text was first published in: Jörn Lengsfeld: Digital Era Framework. Please refer to the original publication if you want to cite the text.
How to Cite