How Can Strategy Influence the Internal Nature of Business Model? Cover Image

How Can Strategy Influence the Internal Nature of Business Model?
How Can Strategy Influence the Internal Nature of Business Model?

Author(s): Štefan Slávik, Branislasv Zagoršek
Subject(s): National Economy, Business Economy / Management
Published by: Reprograph
Keywords: business model; business strategy; strategy-model relationship;

Summary/Abstract: Business model and business strategy fundamentally determines the existence and performance of a company. Despite the numerous research on business models and business strategies dealing with each topic separately, the research of their relationship is almost absent and therefore insufficient. In this paper, we present the results of our research on the relation between the business model and strategy focused on business model blocks with the most internal influence. Our research was conducted on a sample of 231 companies using linear regression method to determine the relations. As a result, we identified approaches how companies tried to develop quality business model and strategies supporting this approaches. We then identified strategies with the most influence on the complexity and the difficulties of the business model. These results can have both practical and theoretical application because understanding this relationship can help manage limited resources efficiently and further improve the present state of knowledge.

  • Issue Year: XII/2017
  • Issue No: 50
  • Page Range: 1080-1090
  • Page Count: 11
  • Language: English