DOI
10.1002/gsj.1165
Abstract
Multinational enterprises create and capture value through appropriate business models that fit both distinctive capabilities and dynamic markets. The key elements of a global business model include propositions for adding customer value and capturing a share of that value, methods to control, deploy and utilize critical resources, and integrated processes that deliver value to target global customers. These factors explain the diversity in business models, with international competition in geographically dispersed markets further fortifying this diversity and complexity. This paper demonstrates ways forward in theorizing about business models, applying these models in the global context, discussing capabilities and strategies necessary for value generation from a global business model, and relating the choice of model to the strategic context of the modern multinational firm.
Document Type
Post-print Article
Publication Date
2018
Publisher Statement
Copyright © 2018 John Wiley & Sons, Ltd. Article first published online: July 2017.
DOI: https://doi.org/10.1002/gsj.1165
The definitive version is available at: https://onlinelibrary.wiley.com/doi/full/10.1002/gsj.1165
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Full citation:
Tallman, Stephen, Yadong Luo, and Peter J. Buckley. "Business Models in Global Competition." Global Strategy Journal 8, no. 4 (November 2018): 517-535. https://doi.org/10.1002/gsj.1165
Recommended Citation
Tallman, Stephen; Luo, Yadong; and Buckley, Peter J., "Business Models in Global Competition" (2018). Management Faculty Publications. 71.
https://scholarship.richmond.edu/management-faculty-publications/71
Included in
Business Administration, Management, and Operations Commons, International Business Commons