Lexicography: What is the Business Model?

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Abstract

Lexicography is a four thousand year old discipline and dictionaries have been an integral part of commerce and human cultural history for centuries. But lexicography is also a business activity undertaken by individuals or companies with a view to generating profits or creating value. And any discipline, movement, organization or company needs a plan of how it intends to create, deliver and capture cultural or monetary value.
The analysis and discussion of the lexicographic business model uses a kaleidoscopic approach where the concept business model is seen and analyzed by means of the five lenses: strategy, core competencies, innovation, business understanding and organizational inertia. By means of these lenses, the paper explores the business model of lexicography in Denmark, and it analyzes and discusses whether the Danish lexicographic industry understands the concept
business model at all, and if so, to what extent it applies business model thinking.
Furthermore, this paper discusses different categories of lexicographic business models, potential elements of a new lexicographic business model and finally it formulates six theses on a new, more viable lexicographic business model.
Original languageEnglish
Title of host publicationElectronic Lexicography in the 21st Century : Proceedings of eLex 2017 Conference
EditorsIztok Kosem, Carole Tiberius, Miloš Jakubíček, Jelena Kallas, Simon Krek, Vít Baisa
Place of PublicationBrno
PublisherLexical Computing CZ s.r.o.
Publication date2017
Pages395-415
Publication statusPublished - 2017
Event5th Biennial Conference on Electronic Lexicography in the 21st Century: eLex 2017 - Leiden, Netherlands
Duration: 19 Sep 201721 Sep 2017
https://elex.link/elex2017/

Conference

Conference5th Biennial Conference on Electronic Lexicography in the 21st Century
CountryNetherlands
CityLeiden
Period19/09/201721/09/2017
Internet address
SeriesProceedings of eLex 2017 Conference
ISSN2533-5626

Keywords

  • Business model
  • Strategy
  • Core Competencies
  • Innovation
  • Organizational inertia

Cite this

Køhler Simonsen, H. (2017). Lexicography: What is the Business Model? In I. Kosem, C. Tiberius, M. Jakubíček, J. Kallas, S. Krek, & V. Baisa (Eds.), Electronic Lexicography in the 21st Century: Proceedings of eLex 2017 Conference (pp. 395-415). Lexical Computing CZ s.r.o.. Proceedings of eLex 2017 Conference