Theories and Principles Governing the Development of Applied Models
Abstract
The creation of applied models is anchored in a rich tapestry of theories and guiding principles that shape their structure, function, and impact. This chapter explores the conceptual foundations underpinning model development, drawing on insights from diverse disciplines to highlight the interplay between theory and practice. It examines the principles that ensure models are both methodologically sound and contextually adaptable, addressing the tension between generalizable frameworks and problem-specific customization. By tracing the journey from abstract concepts to operational tools, the discussion reveals how successful models synthesize analytical rigor with creative adaptability. Ultimately, the chapter underscores the importance of grounding applied models in solid theoretical underpinnings while maintaining the flexibility to evolve alongside the dynamic challenges they are designed to address.
Fields of Study & Subjects
Complex Systems and Decision Making
Business Strategies and Management Research
Diverse Interdisciplinary Research Innovations
Publication details
- Journal / source
- IGI Global eBooks
- Pages
- 1–26
- Publication date
- 15 January 2026
- Language
- NG
- Document type
- Book chapter