Sustainable Business Models and Innovations

Abstract

Pigneur & Osterwalder defines business models as theoretical tool to help recognize that how organizations do businesses and how it can be utilized for the analysis, contrast and valuation of performances, innovation, and administration. Business models concerns by how organizations describes their competitive strategies by the design of goods & services they offer in the marketplace, ways they charge, the cost of production, distinguishes themselves by further organizations through value propositions, and organization participates their own value chain by other organizations in the value networks.