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"Price is not the defining characteristic that you set out to work on in a value-creation business," she says.
In a 2013 book, Simanis writes, with admirable candor: "We (include myself here) got too caught up with our own beautiful theories and abstract concepts (like mutual value creation, inclusive business) and lost sight of the pressure on managers to meet next quarter's sales and earnings forecast.
Among them, there are some scholars studying the relationship between value creation and business model.
The content of the literature is related to the value creation or business model innovation in this cluster.
This study contributes with detailed insights and perspectives to shape the discussions about Greenland as a future mining nation and how to maximize local socioeconomic value creation and business development.
Clearly, some of these considerations went into the Fortune ranking -- the think tank that helped build the list, FSG (founded by Michael Porter and Mark Kramer), is a major proponent of "shared value" creation between business and society.
The business model focuses on the value creation of a business and describes an enterprise's core strategy to generate economic value.
Instead of corporate competition being the focus of study, as in the old economic paradigm, business genetics posits several layers of economic value creation, driven by business genes and their struggle to live and breed.
UBS said that beginning next year, top executives would be paid according to a long-term compensation model that "rewards realized value creation and takes business risk into account".
They however do not solve the entrepreneurial firm dilemma: its survival when assets are exchanged very fast and their value is limited by competition, fast obsolescence, long-term value creation, and the business models of large partners.
Obviously, the value creation of e-business enterprises is one of the hotspots in the study of business model innovation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com