Title: The entrepreneurial strategic formula of the firm: a theoretical business model

Authors: Pasquale De Luca; Salvatore Ferri; Michele Galeotti

Addresses: Faculty of Economics, 'Sapienza' University of Rome, Via del Castro Laurenziano 9, 00161 – Rome, Italy ' Department of Business and Economics, 'Parthenope' University of Naples, Italy ' Department of Business and Economics, 'Sapienza' University of Rome, Italy

Abstract: The paper is a preliminary attempt at defining a theoretical business model called entrepreneurial strategic formula (ESF). The ESF defines and evaluates over time the firm's strategic profile in its external strategic front, as defined by the strategic business unit, capital markets and social context; and in its internal strategic front, as defined by the basic elements of the internal framework of the firm itself. The originality of the ESF lies in defining the relationship between external and internal strategic fronts of the firm based on structural-systemic-dynamic consonance over time between all its elements. The firm's ESF is a guide for managers and entrepreneurs in defining the firm strategic profile and evaluating it over time.

Keywords: business models; management strategy; business strategy; financial strategy; social strategy; corporate strategy; capital markets.

DOI: 10.1504/IJBPM.2016.079279

International Journal of Business Performance Management, 2016 Vol.17 No.4, pp.447 - 465

Received: 16 Apr 2015
Accepted: 03 Aug 2015
Published online: 26 Sep 2016 *

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