2019 | Creative Business Models

Cultural industries

The Creative Lenses research on business models in the arts

Over the last four years, the team of the Creative Lenses project, co-funded by the Creative Europe program of the European Union, explored the issue...

Over the last four years, the team of the Creative Lenses project, co-funded by the Creative Europe program of the European Union, explored the issue of sustainability of European arts and cultural organisations. In particular, Creative Lenses aimed to address the question of how might cultural organisations become more financially sustainable without compromising their missions and values to achieve “stronger arts and cultural organisations for a greater social impact”. Also, its mission was to empower cultural organisations with knowledge, methods and tools to become more resilient so they can better create value for society. Some of the main tasks of...

Business Model

What is a Business Model?

The term 'Business Model' is all around in recent years: you hear about it in the news, and you read about them in newspapers constantly....

The term 'Business Model' is all around in recent years: you hear about it in the news, and you read about them in newspapers constantly. It is also a common question asked to everybody that starts a new project or organization: "What is your business model?" For many creative people, whether they design new fashion articles, create graphic designs, write new pop songs or work on visual art works, the term business model seems abstract and economic. "I don't have a business model" is therefore the often heard response. However, this is not true at all. Every individual working on...

Music

A commons based business model in music production: Splendor Amsterdam

Since 2013, Splendor Amsterdam unites composers, musicians and stage artists, that came together to form an artist-run cooperative that independently exploits a music venue in...

Since 2013, Splendor Amsterdam unites composers, musicians and stage artists, that came together to form an artist-run cooperative that independently exploits a music venue in which the musicians have complete autonomy. In this initiative, an old centrally located Amsterdam bathhouse was transformed into a professionally equipped music house, which is operated in its entirety by a group of 50 top-flight professional musicians (among which players of the main Dutch orchestras such as the Concertgebouw Orchestra, Rotterdam Philharmonic and the Radio Orchestras, as well as names from the world of opera, jazz, electronics and ethnic music) that felt the necessity for...

Fashion

Circular business models in fashion

Fashion for Good, in collaboration with Accenture Strategy has just released a new interesting report on business models of circular fashion. The study looks into three different...

Fashion for Good, in collaboration with Accenture Strategy has just released a new interesting report on business models of circular fashion. The study looks into three different models – rental, subscription-rental and recommerce, to assess the financial viability of each when adopted in four different market segments – value, mid-market, premium and luxury. You can find more information about the report, and download the study on the Fashion for Good website.

Business Model

Creating a logical story

As we know that business modeling is all about creating value for anybody involved in your project: your audience, your clients, yourself, etc... However, the...

As we know that business modeling is all about creating value for anybody involved in your project: your audience, your clients, yourself, etc... However, the question remains how do we do this? what choices do we have to make, and what activities do we have to perform to realize value creation? And how do we ensure that all those choices and activities come together to form a logical and coherent story? How do we start this business modeling process for our organization? For many for-profit organizations such as commercial startups, this process of business modeling means starting from a unique...

Business Model

A creative entrepreneurial process

The creation of a company is a complex and dynamic process consisting of numerous (preparatory) activities and decisions. This entrepreneurial process of business creation is...

The creation of a company is a complex and dynamic process consisting of numerous (preparatory) activities and decisions. This entrepreneurial process of business creation is often said to begin with the first consideration to possibly become an entrepreneur and ends with the first activities of the newly formed company (for example, the launch of a product / service). Traditionally, this process has been divided into two main parts: discovery and exploitation. In the discovery phase the concept of the newly created organization is developed: identification, refinement and development of the business idea as well as the personal process regarding the...

Business Model

The Business Model Canvas

Often times when you research business models you come across the Business Model Canvas. This is a useful business tool created to visualize all the...

Often times when you research business models you come across the Business Model Canvas. This is a useful business tool created to visualize all the building blocks of a business, including customers, route to market, value proposition and finance. The Business Model Canvas was created by Alexander Osterwalder, of Strategyzer, and is aimed to lead to insights about the customers and public you serve, what value propositions are offered through what channels, and how your organization makes money. You can also use the business model canvas to understand your own business model better, or compare it to others in your sector...

Top Category