Title : 
A Study on Novelty-Centered Business Model Based on Value Co-Creation of IKEA
         
        
            Author : 
Yang, Yang ; Li, Shiming
         
        
            Author_Institution : 
Sch. of Manage. & Economic, UESTC, Chengdu, China
         
        
        
        
        
        
            Abstract : 
This paper indicates that value creation is the core of business model design, according to literature review and case analysis of novelty-centered business model of IKEA. What´s more, it shows that novelty-centered business model, based on the value co-creation, can satisfy both demands of the enterprises and the customers, to improve business performances effectively, and ultimately obtain a sustainable competitive advantage.
         
        
            Keywords : 
furniture industry; IKEA; business performances; novelty-centered business model; value co-creation; Business communication; Companies; Electric shock; Environmental economics; Europe; Globalization; Industrial economics; Production; Statistics; Technological innovation;
         
        
        
        
            Conference_Titel : 
E-Business and Information System Security, 2009. EBISS '09. International Conference on
         
        
            Conference_Location : 
Wuhan
         
        
            Print_ISBN : 
978-1-4244-2909-7
         
        
            Electronic_ISBN : 
978-1-4244-2910-3
         
        
        
            DOI : 
10.1109/EBISS.2009.5137903