THE THEORETICAL LINKS BETWEEN ENTERPRISE VALUE MIGRATION, CAPITAL MIGRATION, AND CAPITAL COMMITMENTS" MIGRATION

The development of the economics theory of value migration is the main goal of this paper. The required advances of understanding of this phenomenon call for clarification and distinction of related conceptions. Thus, this paper explains and compares the notions of value migration, capital migration, and a novel term, introduced in this paper - capital commitments' migration - in order to provide a deeper understanding of migration processes happening on the related markets. This knowledge can be used to scan the lifecycle of business models to provide managerial guidance.