Dwyer, David, authorGloeckner, Gene, advisorBirmingham, Daniel, committee memberHanson, Lea, committee memberLynham, Susan, committee memberMumford, Troy, committee member2024-09-092024-09-092024https://hdl.handle.net/10217/239238Business models are a popular term for describing how businesses create, deliver, and monetize the value of their products and services. However, research on the underlying business model concept appears to be primarily based on conceptual frameworks and design tools, rather than a published theoretical framework. The purpose of this study was to address the inadequacy of theoretical research on the business model concept by developing and testing of theoretical framework that makes explicit a theory of the business model concept. The study used Dubin's eight-step theory-building methodology, a theory-then-research strategy, and a quantitative hypothetico-deductive approach to applied theory building. The findings included a theoretical framework for the business model concept, a scientific model with empirical indicators of the units of the theory, and quantitative testing of the independence of indicators of the units. This research study contributes to the existing body of knowledge on business models and the scientific investigation of the business model concept.born digitaldoctoral dissertationsengCopyright and other restrictions may apply. User is responsible for compliance with all applicable laws. For information about copyright law, please see https://libguides.colostate.edu/copyright.business model conceptbusiness organizationtheory buildingbusiness model theorybusiness modelorganizational developmentDeveloping and testing of a theory of the business model conceptText