Broadly speaking, a business model describes the rationale of how an organization creates, delivers and captures value.
According to Osterwalder and Pigneur "a business model describes the rationale of how an organization creates, delivers, and captures value" (Osterwalder and Pigneur, 2010 p.14).
The conceptual construct used in this study considers a BM as "the rationale of how an organisation creates, delivers and captures value" or, in other words, as "the organisation's core logic for creating value" (Linder & Cantrell, 2000: 12000
A business model is simply a 'description of how your business intends to operate and make money', or as Alexander Osterwalder, co-author of the book Business Model Generation, describes; 'A business model describes the rationale of how an organization, creates, delivers and captures value.'.
The conceptual construct used in this study considers a business model as "the rationale of how an organisation creates, delivers and captures value" (Osterwalder et al., 2005:14) or, in other words, as "the organisation's core logic for creating value" (Linder & Cantrell, 2000).
2.2 gives a rationale of how selection processes in the basal ganglia are modelled here and Sect.
These findings provide a rationale of how reprogramming by MafB can induce changes from normal to pathological stem cells capable of giving rise to tumoral plasma cells.
The researchers spent time with each child as they explained the significance of each photo and listened to the child's rationale of how they classified each photo.
In particular, the derivations of various kinetic rate constants from experimentally measured quantities are nontrivial and the manuscript often relied on citations of previous papers rather than explaining clearly the rationale of how these rate constants are derived.
We propose a history of "rise and fall," that is, the emergence, expansion and lineage specific loss of this protein family and a rationale of how a complex molecular trait related to mechanoreception became essential in some lineages but redundant in others.
