Titlebook: Business Model Management; Design - Process - I Bernd W. Wirtz Textbook 2020Latest edition The Editor(s) (if applicable) and The Author(s),

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IntroductionIn recent years, the development and design of business models have received increased attention (Wirtz 2000; Chesbrough 2010), especially in the economic press. Here, business models are often linked to competitive advantages. Occasionally, the success of corporate activities is largely attributed to the management of business models.

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Business Model Concepts in LiteratureA variety of business model concepts can be distinguished in the literature. In the following chapter, the three basic theoretical approaches of the business model concept are presented along with the different business model concepts associated with them. In addition, a chronological synopsis of the different developments is provided.

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https://doi.org/10.1007/978-3-030-48017-2Management concepts; Value chains and business models; Business model design; Business model innovation

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Business Model Management978-3-030-48017-2Series ISSN 2192-4333 Series E-ISSN 2192-4341

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Jonathan Somers M.D.,L. Penfield Faber M.D.mitments in many areas. This management tool may be used in all corporate activities which help achieving a sustainable competitive advantage. In the context of business model management, an ideal-type, five-step process can be observed to reveal all relevant aspects.