Designing business models for creating and capturing shared value : An activity-system perspective
Book chapter
Najmaei Lonbani, A. and Sadeghinejad, Zahra. (2015). Designing business models for creating and capturing shared value : An activity-system perspective. In Incorporating Business Models and Strategies into Social Entrepreneurship pp. 40-65 IGI Global. https://doi.org/10.4018/978-1-4666-8748-6.ch003
Authors | Najmaei Lonbani, A. and Sadeghinejad, Zahra |
---|---|
Abstract | Business models define configurations of activities that jointly enable a firm to create and capture value. The value paradigm is shifting from sharing created value to creating shared value in which firms and societies jointly create and share value to nurture more benefits for a sustainable business-environment symbiosis. Drawing on this logic, we develop a framework for designing business models that enable creation and capture of shared value. Our model builds on the practice theory and activity system and depicts business models as complex adaptive systems that co-evolve with markets. Using the shared value framework proposed by Porter and Kramer (2011) we propose three design themes namely the Product-Market Design (PMD), the Value Chain Design (VCD) and the Social Cluster Design (SCD). We specify features of each school from the activity perspective. Subsequently, we will discuss implications of our framework for theory, practice and management education and illuminate some directions for future research. |
Keywords | social entrepreneurs; corporate social responsibility; Product-Market Design PMD; Value Chain Design VCD; Social Cluster Design SCD |
Page range | 40-65 |
Year | 01 Jan 2015 |
Book title | Incorporating Business Models and Strategies into Social Entrepreneurship |
Publisher | IGI Global |
Place of publication | United States |
ISBN | 9781466687486 |
Digital Object Identifier (DOI) | https://doi.org/10.4018/978-1-4666-8748-6.ch003 |
Web address (URL) | https://www.igi-global.com/gateway/chapter/135333 |
Open access | Published as non-open access |
Research or scholarly | Research |
Publisher's version | License All rights reserved File Access Level Controlled |
Output status | Published |
Publication dates | |
2016 | |
Publication process dates | |
Accepted | 2016 |
Deposited | 22 May 2024 |
Additional information | © IGI Global, 2016. |
Copying or distributing in print or electronic forms without written permission of IGI Global is prohibited. |
https://acuresearchbank.acu.edu.au/item/907z8/designing-business-models-for-creating-and-capturing-shared-value-an-activity-system-perspective
Restricted files
Publisher's version
29
total views0
total downloads5
views this month0
downloads this month