1,167 results
Search Results
2. Call for papers for a special issue—The governance of new inter-organizational relationships: Coordination, collaboration, and control.
- Subjects
- *
INTERORGANIZATIONAL networks , *BUSINESS-to-business electronic markets , *INDUSTRIAL procurement , *ELECTRONIC commerce , *AD hoc organizations , *BUSINESS models - Abstract
Scholars have, accordingly, advanced the literature significantly in areas such as trust (Doney & Cannon [3]), contracting (e.g., Poppo & Zenger, [13]), relationship governance (Wathne & Heide, [14]), plural governance (Heide, [9]), opportunism (Brown et al., [1]), and industrial alliances (Ghosh & John, [5]). Call for papers for a special issue - The governance of new inter-organizational relationships: Coordination, collaboration, and control Submission Deadline: March 1, 2023 B Guest Editors: b Vishal Kashyap, University of Graz, and Erik Mooi, University of Melbourne B JIOR Editor: b David Gilliland, Colorado State University and Aston University Background Interorganizational governance encompasses a wide variety of issues around the initiation, maintenance, and termination of relationships between exchange parties (Heide, [8]). [Extracted from the article]
- Published
- 2021
- Full Text
- View/download PDF
3. Bending the Line: Strategies to Take Your Business Model from Linear to CircularIn this paper adapted from Kerry Slade's presentation at the IRI Virtual 2021 Annual Conference, Slade and Ghena N. Alkhalaf argue that organizations should adopt circular business practices to be more environmentally sustainable and discuss the types of innovation that are easiest to adopt for sustainability
- Author
-
Slade, Kerry E. and Alkhalaf, Ghena N.
- Subjects
SUSTAINABILITY ,BUSINESS models ,SCIENTIFIC literature ,SOLID waste management ,WASTE products ,PACKAGING waste - Abstract
Recently, the company announced that its Major League Soccer stadium for the Philadelphia Union will be zero landfill, a feat that involves partnerships with venue management company Spectra, recycling data company Recycle Track Systems, and energy company Covanta (Subaru of America [4]). Subaru - Taking Ownership of Waste For the most committed organizations, setting a goal to produce zero waste is a strategy that requires embracing circularity throughout the business. Circular business practices to be more environmentally sustainable and discuss the types of innovation that are easiest to adopt for sustainability In the ethos of Denise Coogan, one of the leaders of Subaru of America's zero waste manufacturing initiative, "Waste is a material that hasn't found its use yet" (Subaru of America [15], 4:25). [Extracted from the article]
- Published
- 2021
- Full Text
- View/download PDF
4. Digitalization and new technologies for sustainable business models at the ship–port interface: a bibliometric analysis.
- Author
-
Del Giudice, Manlio, Di Vaio, Assunta, Hassan, Rohail, and Palladino, Rosa
- Subjects
BUSINESS models ,DIGITAL technology ,MARITIME shipping ,HARBORS ,BIBLIOMETRICS ,CRUISE industry ,EXTERNALITIES ,SUSTAINABLE development - Abstract
Drawing on the business model innovation theory and the resilience theory, the present study explores existing literature on the capacity of digitalization and new technologies for the sustainable and innovative development of shipping and seaports; more in details, it identifies the shipping and seaport business models that can meet environmental, economic and social goals through the digitalization of operational processes in the ship–port interface. This paper aims to investigate whether digitalization and new technologies can help in the creation of sustainable business models as set out in the United Nations (UN) 2030 Agenda for Sustainable Development Goals (SDGs) adopted by all UN member states in 2015. The methodology is based on a qualitative approach, conducting a systematic literature review followed by a bibliometric analysis of a database containing 132 items in English language publications between 1969 and 2020. The findings indicate that literature on the topic has concentrated mainly on the environmental externalities connected with operations at the ship–port interface. The study offers theoretical and practical contributions, outlining the main issues debated in the literature on digitalization and new technologies in the shipping and seaport industry, and analyses the key variables that will play a role in achieving the SDGs. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
5. TAKING THE PAPER OUT OF NEWS.
- Author
-
Thurman, Neil and Myllylahti, Merja
- Subjects
- *
ONLINE journalism , *FINNISH newspapers , *ELECTRONIC newspapers , *NEWSPAPERS , *ELECTRONIC publishing , *NEWSPAPER publishing , *FINANCE - Abstract
Using in-depth interviews, newsroom observation, and internal documents, this case study presents and analyses changes that have taken place at Finnish financial daily Taloussanomat since it stopped printing on 28 December 2007 to focus exclusively on digital delivery via the Web, email, and mobile. It reveals the savings that can be achieved when a newspaper no longer prints and distributes a physical product; but also the revenue lost from subscriptions and print advertising. The consequences of a newspaper's decision to go online-only are examined as they relate to its business model, website traffic, and editorial practice. The findings illustrate the extent to which the medium rather than the content it carries determines news consumption patterns, show the differing attention a newspaper and its online substitute command, and reveal the changes to working patterns journalists can expect in the online-only environment. [ABSTRACT FROM AUTHOR]
- Published
- 2009
- Full Text
- View/download PDF
6. "Your Paper Saved Seattle": E. W. Scripps and the Star's Role in the General Strike of 1919.
- Author
-
Atkins, Aaron
- Subjects
BUSINESS models ,LABOR unions ,WORLD War I - Abstract
This article examines the role of E. W. Scripps and one of his pillar newspapers, the Seattle Star, in the General Strike of 1919, the first citywide, multi-union labor action to receive a "general strike" designation in the United States. It profiles a prominent figure in American journalism, as well as his daily newspaper's coverage of a pivotal event in American labor movement history, analyzing Scripps's response to one of his editors breaking from his business model and turning against the working class during a time of civic turmoil. While Scripps eschewed the spotlight and built his business on selling affordable newspapers to the working class, in his business dealings, Scripps was an ardent capitalist. Illustrating these contradictions, this article explores the ways Scripps responded to the labor strike when its deployment hurt his business interests, citing his personal essays, disquisitions, letters, and newspaper coverage from the Seattle Star. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
7. Joint quality and maintenance decisions under servitization business model.
- Author
-
Wang, Kangzhou, Jing, Hui, Wang, Dong-dong, and Jiang, Feng
- Subjects
BUSINESS models ,INDUSTRIAL costs ,PRODUCT quality ,DISCOUNT prices ,PRODUCT design - Abstract
Under servitization (one paradigm of non-ownership-transfer) business model such as sharing, a manufacturer is responsible not only for product design but also for maintenance. This paper deals with joint decision of product quality and maintenance under servitization. A model minimising total cost is formulated to obtain the optimal product quality, maintenance effort and maintenance times. We find that the total cost first decreases then increases with product quality, maintenance effort and maintenance times. Moderate quality and maintenance effort level are the best for the manufacturer, because too high or too low quality and effort cause too high total cost. However, preventive maintenance should be implemented as many times as possible until the failure cost is reduced to zero as long as each maintenance can save cost. Moreover, in the optimal joint decision, the product quality, maintenance effort and maintenance times are negatively correlated in pairs. In addition, we explore the impact of unit failure cost, product lifecycle, production cost, maintenance cost, and failure intensity on the manufacturer's optimal decisions. In extensions, we further take penalty cost, exponential failure distribution, discount rate, and customer usage into account. This paper provides insight for the manufacturer to jointly consider product design and maintenance under servitization. [ABSTRACT FROM AUTHOR]
- Published
- 2024
- Full Text
- View/download PDF
8. A circular business cluster model for sustainable operations management.
- Author
-
Ada, Erhan, Sagnak, Muhittin, Mangla, Sachin Kumar, and Kazancoglu, Yigit
- Subjects
INDUSTRIAL clusters ,BUSINESS models ,CIRCULAR economy ,OPERATIONS management ,VALUE chains ,CONCEPTUAL models - Abstract
Ecological pollution, scarcity of resources, climate change and population growth have forced organisations to transform from a linear to a circular economy. Hence, the need arises to redesign value chains and traditional business models. Thus, the aim of this study is to develop a new conceptual eco-cluster model called 'Circular Business Cluster Model' to combine the advantages of both clustering and a circular economy. This paper seeks to establish a framework and provide guidelines for policy-makers such as governments, local authorities and organised industrial zone administrators. The contribution of this paper is to highlight and emphasise the crucial role of circular economy principles to transform a classical business model into an eco-business model. Circular Business Cluster Model includes the conceptual framework, network structure, interactions between cluster components and 6R activities. A case study was conducted to check the applicability of the proposed Circular Business Cluster Model. Eleven centres in this model were evaluated. Fuzzy Best-Worst Method (BWM) was used to find the relative weights. Based on the Circular Business Cluster Model, theoretical and managerial implications have been presented. [ABSTRACT FROM AUTHOR]
- Published
- 2024
- Full Text
- View/download PDF
9. 2018 Academy of Marketing annual conference: marketing the brave.
- Author
-
Tinson, Julie, Wilson, Carolyn, Moufahim, Mona, Kolyperas, Dimitrios, Maglaras, George, and Black, Iain
- Subjects
CROSS-cultural studies ,MARKETING ,MARKETING management ,CONFERENCES & conventions ,BUSINESS models - Published
- 2019
- Full Text
- View/download PDF
10. Conceptualising trust as a mediator of pro-environmental tacit knowledge transfer in small and medium sized tourism enterprises.
- Author
-
McTiernan, Conor, Musgrave, James, and Cooper, Chris
- Subjects
SUSTAINABLE tourism ,SMALL business ,KNOWLEDGE transfer ,SUSTAINABLE development ,BUSINESS models - Abstract
This conceptual paper adds to the theoretical exploration of inter-organisational pro-environmental knowledge transfer in small and medium sized tourism enterprises (SMTEs). It does so by focusing on the role of trust, a concept which has received only scant attention in this context. Drawing on theoretical and empirical research, we argue that the willingness of SMTE managers to engage in the transference of pro-environmental tacit knowledge is based on their intrinsic and extrinsic motivations, coupled with the perceived trustworthiness of both the message and social actors involved. It remains a challenge for SMTE managers to receive, absorb and respond to appropriate pro-environmental knowledge, based on organisational needs. The paper makes an important contribution to the work on pro-environmental knowledge transfer in tourism by proposing a model of four key antecedents of trust in the knowledge transfer process – self- efficacy, social norms, credibility of knowledge source and social capital between actors. We identify a future research agenda including the need to assess the weighted impact of each antecedent of trust; establish the influence of tourism networks on trust formation and development; and explore if peer perception intervenes in tacit knowledge transfer between pro-active and reactive SMTE managers. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
11. Public sphere or private asset? The nature of digital commons in China.
- Author
-
Ling, Hu
- Subjects
PUBLIC sphere ,COPYRIGHT infringement ,COMMONS ,PERSONALLY identifiable information ,CYBERSPACE ,BUSINESS models - Abstract
Since its introduction into China, the Internet is said to bring in a robust force of commons in cyberspace. Under the ideology of 'sharing' and 'free flow of information', the Internet is making good use of users' free labor and their personal data. The unique business model has become the foundation of digital commons in China. Furthermore, we could figure out the rise of the Internet in China has been following the similar 'illegal' model all the time, thus causing copyright infringement and other disputes accordingly. This paper traces the early ages of cyberspace in China, trying to figure out how the private-public mixed nature of the digital commons came into being and discusses relavant legal issues during the process, shedding a light on the unique relationship between mode of production tranformation and legal regime. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
12. Fostering socially responsible stewards: CSR and investment funds in India.
- Author
-
Bhaduri, Anik
- Subjects
SOCIAL responsibility of business ,STEWARDSHIP theory ,BUSINESS models ,INVESTMENTS ,CORPORATE culture - Abstract
In 2013, the Indian government mandated all companies to spend a portion of their profits on Corporate Social Responsibility ('CSR') activities but did not require companies to incorporate sustainability into their business, leading the statutory provision mandating CSR to become a box-ticking exercise. This approach of tick-box compliance with the CSR mandate is now being questioned by various investment funds that are actively pushing for the incorporation of Environmental, Social and Governance ('ESG') concerns into the business practices of their portfolio companies. While the Stewardship Codes promulgated by the various Indian regulators expressly mandate investment funds to monitor the ESG risks of their portfolio companies, there are no sanctions for non-compliance. This paper suggests the introduction of a market-based enforcement mechanism for the Stewardship Codes to enhance their effectiveness and practical relevance in the Indian legal framework. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
13. Networked business models for current and future road freight transport: taking a truck manufacturer's perspective.
- Author
-
Lind, Frida and Melander, Lisa
- Subjects
FREIGHT & freightage ,BUSINESS models ,INTERMODAL freight terminals ,MANUFACTURING industries ,BUSINESS networks ,TRUCKS - Abstract
Technological development is rapidly having an impact on the road freight transport system. In parallel, there are suggestions for new types of business models to approach the network and complex features of business. In this paper, we raise the question of what this means in the road freight transport business from a truck manufacturer's perspective. The purpose is to analyse the contents of and developments in networked business models for road freight transport in Sweden with the overall aim to contribute to sustainable transport solutions. The paper builds on a qualitative case study methodology of a truck OEM. The results display three forms of networked business models: business models in stable, established and emerging networks. The stable business model is based on the present situation with the truck at the centre. The established business model is partly based on the present and partly on the future with the focus on uptime of the trucks. The emerging business model is future-oriented and contains technological development of connectivity, electrification and automation. Managerial implications regard that coping with the emerging business is necessary but result in great uncertainty regarding how to interact, which resources to invest in and how to coordinate activities. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
14. Autonomous vehicles: scientometric and bibliometric review*.
- Author
-
Gandia, Rodrigo Marçal, Antonialli, Fabio, Cavazza, Bruna Habib, Neto, Arthur Miranda, Lima, Danilo Alves de, Sugano, Joel Yutaka, Nicolai, Isabelle, and Zambalde, Andre Luiz
- Subjects
AUTONOMOUS vehicles ,BIBLIOMETRICS ,SCIENTOMETRICS ,BUSINESS models ,TRANSPORTATION safety measures - Abstract
This paper presents a scientometric and bibliometric review of the research on autonomous vehicles (AVs) to identify its main characteristics, evolution, and potential trends for future studies. Relevant articles were searched on WoS, yielding a research corpus of 10,580 papers, and the software CiteSpace was subsequently used for analysis. The results showed that AV research is heterogeneous and registered a growing demand over time. Multidisciplinarity is present, with 96 science fields being identified. As in any other sector, it is necessary to understand broader aspects of this industry such as the market factors surrounding it, as well as other economic and managerial issues. In this sense, we observed a migration of the research field from multidisciplinarity to pluridisciplinarity with a greater number of studies focusing on the latter. We understand that terminology standardisation contributes to achieving pluridisciplinarity. As such, it is important to highlight that sustainability, public policies, liability, and safety, as well as business issues such as performance and business models are some of the tendencies in the field of AVs. For future studies, we suggest a more in-depth analysis of publications in terms of individual search terms, as well as the sub-areas identified as trends in this paper. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
15. Business model selection for durable products based on price optimisation with a two-dimensional description of customers' usage patterns.
- Author
-
Ye, Tianzhu, Zhou, Liping, Jiang, Shan, and Jiang, Zhibin
- Subjects
PRICES ,BUSINESS models ,CONSUMERS ,LEASE & rental services ,CORPORATE profits ,CUSTOMER cocreation - Abstract
Business models play a key role in companies' profit growth and competitiveness. A growing number of companies not only sell products but also provide leasing services. In traditional leasing models, companies usually charge customers for the time they occupy the product, but ignore differences in how long and how often customers actually use the product. In practice, customers have different product usage patterns, which will affect their purchase choice. Considering the pooling effect in the leasing service network, this paper describes customers' usage patterns in two dimensions (product occupancy time and utilisation rate) and determines the optimal pricing under three models (selling, leasing, and their hybrid model) to maximise corporate profits. Through comparative analysis, the optimal business model selection decision is obtained, and its market performance is also analysed. The results show that when the leasing service operational capability is strong, the pure leasing service model is superior; otherwise, the result also depends on the product value creation capability. When this capability is high, the hybrid model will be selected; otherwise, the pure selling model will be better. This result differs from the generally held result in previous studies that the hybrid model is more profitable in most cases. [ABSTRACT FROM AUTHOR]
- Published
- 2024
- Full Text
- View/download PDF
16. Unpacking the complexities of MaaS business models – A relational approach.
- Author
-
Hoveskog, Maya, Bergquist, Magnus, Esmaeilzadeh, Alireza, and Blanco, Harvey
- Subjects
BUSINESS models ,VALUE creation ,VALUE capture ,CORPORATION reports ,INNOVATIONS in business - Abstract
Mobility as a Service (MaaS) integrates different transportation services into a single on-demand mobility service to promote sustainable mobility. A challenge is how to innovate new business models for MaaS as it demands an understanding of how various actors position themselves within a MaaS ecosystem and how value creation changes in such ecosystems. While different streams of research on MaaS business model innovation have applied an ecosystem approach, the approach has been limited to a focal actor or the relationships between a few actors. This paper reviews academic literature and consultancy reports on business models for MaaS and presents an integrated framework that describes actors' roles and relationships in MaaS ecosystems as well as types of business models. In doing so, the paper contributes to an understanding of the interlinked character of value creation and value capture – two central parts of any business model – in MaaS. Based on the findings, the paper argues that taking an ecosystem approach to the analysis of MaaS business models can be a way to fully capture the complexity of value creation and value capture in MaaS business models. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
17. A business model innovation process for tourism: findings from a literature review.
- Author
-
Andrianto, Tomy, Koseoglu, Mehmet Ali, and King, Brian
- Subjects
BUSINESS process modeling ,LITERATURE reviews ,INNOVATIONS in business ,BUSINESS models ,TOURISM - Abstract
This paper reviews existing concepts and frameworks to propose a business model innovation process (BMIP) applicable to tourism businesses. A comprehensive literature review and content analysis is conducted by selecting, studying and coding applicable articles. The authors have reviewed 41 business model innovation (BMI) related papers, of which 14 are BMIP specific and four examine the phases of innovation in detail. Noting the lack of scholarly resolution about the most appropriate approach to business model innovation, the paper seeks to enhance current theories. A fifth and additional step is proposed to accommodate an essential extension of the existing model into the tourism context – continuous evaluation and improvement. The proposal offers business leaders the potential to benefit from a comprehensive understanding of the business model innovation process, including how to adapt to new conditions. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
18. How blockchain impacts the supply chain finance platform business model reconfiguration.
- Author
-
Ning, Lianju and Yuan, Yaqin
- Subjects
BUSINESS models ,BLOCKCHAINS ,SUPPLY chains ,BUSINESS finance ,VALUE creation - Abstract
This paper aims to explore how blockchain facilitates supply chain finance (SCF) platform business model reconfiguration. We conduct a case study on a typical Chinese SCF platform to address research questions and propose a blockchain-enabled SCF platform business model framework. The results show that (1) the reconfiguration of the SCF platform business model is driven by internal factors (content, governance, transaction structure) and external factors (sector dynamics, geographical environment, technology) in the context of blockchain. (2) Blockchain influences the SCF platform business model reconfiguration through empowering the operation of SCF information, financial, material, and value flows. (3) The introduction of blockchain changes the business model of the SCF platform significantly, which is mainly reflected in the improved value proposition, expanded value network, strengthened value creation, and generated value appropriation. This study contributes to the existing literature on SCF, business model, and blockchain. The research also provides some important practical implications. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
19. A case study of corporate diversification and vertical integration in Africa.
- Author
-
Fernández-Vidal, Jorge, González, Reyes, Gasco, Jose, and Llopis, Juan
- Subjects
BUSINESS planning ,VERTICAL integration ,BUSINESS models ,PUBLIC companies ,AFRICANA studies ,CEMENT - Abstract
Africa is home to some of the world's most original, resilient, and remarkable companies. The singular challenges and opportunities of the continent's economic environment have given rise to idiosyncratic strategies and business models. However, there is a notable absence of studies on African companies. While there are numerous noteworthy companies in Africa, there are few as relevant, successful, and influential as the Dangote Group. This paper aims to add to the limited literature in the area by analyzing the business model and strategic choices of Dangote Cement, the Group's flagship business and one of Africa's industrial giants. In particular, it explores its corporate diversification and vertical integration strategies, which are at the core of its success. This article is based on 7 interviews with internal and external Dangote stakeholders and a detailed questionnaire completed by the Strategy Department of the firm, together with public data of the company. While the topics of diversification and integration have been studied in multiple contexts, this article provides an original perspective by applying existing research and management thinking to the specific business environment of Africa. This paper explores how and why Dangote Cement diversifies and how it identifies and integrates the advantages and disadvantages of its strategic choices. We believe it provides an original perspective that furthers our limited collective understanding of and research on strategic practices in Africa, the world's last business academic frontier. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
20. Strategic choices of an MNE in an emerging market: the case of Perfetti Van Melle.
- Author
-
Mahasuar, Kiran
- Subjects
EMERGING markets ,BUSINESS models ,BRAND name products ,PRODUCT quality ,BEST practices ,INSTITUTIONAL environment - Abstract
In this paper, I examine the strategic choices of an Italian DMNE Perfetti Van Melle (PVM) in an emerging market using Dunning's OLI paradigm and Ghemawat's AAA framework. I seek to explicate the 'how' and 'why' of the strategic choices made by PVM in a resource-constrained environment marked by institutional voids. I find that PVM gained sustained competitive advantage by leveraging its unique ownership advantages and the locational advantages bestowed by India. In doing so, PVM adapted its business model and aggregated its globally recognized best practices to succeed in a complex and hyper-competitive market like India. Further, I also find evidence that PVM successfully recombined its market-seeking ambition with a huge prospective consumer base that sought global brands and quality products. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
21. Sharing economy in hospitality and tourism: a review and the future pathways.
- Author
-
Kuhzady, Salar, Olya, Hossein, Farmaki, Anna, and Ertaş, Çağdaş
- Subjects
SHARING economy ,HOSPITALITY ,KNOWLEDGE gap theory ,TOURISM ,BUSINESS models - Abstract
Copyright of Journal of Hospitality Marketing & Management is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2021
- Full Text
- View/download PDF
22. Sustainable innovation in the dairy supply chain: enabling factors for intermodal transportation.
- Author
-
Cannas, Violetta Giada, Ciccullo, Federica, Pero, Margherita, and Cigolini, Roberto
- Subjects
CONTAINERIZATION ,SUPPLY chains ,BUSINESS logistics ,INTERMODAL freight terminals ,BUSINESS models ,TRANSPORTATION industry - Abstract
There is a need for the dairy supply chain to improve its environmental performance. Intermodal rail-road transportation can be a way to reduce CO
2 emissions. However, despite technological innovations in the realm of cooling technology, which could enable a shift to intermodal transportation, the use of intermodal rail-road in the dairy supply chain is still low. A blueprint is needed to foster the application of intermodal transportation in the sector. Literature provides little guidance in this sense. Therefore, this paper investigates how to ease the shift to intermodal rail-road transportation in the dairy supply chain through multiple case studies, performed at different stages of the supply chain. A set of enablers of the shift is discussed, along with a blueprint for innovative technology, and logistics and business models. The plan takes into account all the actors of the dairy industry, as well as other players, i.e. technology providers, academia and institutions. This paper enriches literature, thanks to its multi-stage research, providing managers with a practical tool to support the shift to intermodal transportation in the dairy industry. The main limitations lay in the choice of the sample, i.e. only Italian companies and no small retailers and farmers have been involved. [ABSTRACT FROM AUTHOR]- Published
- 2020
- Full Text
- View/download PDF
23. Economic production quantity (EPQ) model with partial backordering and a discount for imperfect quality batches.
- Author
-
Cunha, Luiza Ribeiro Alves, Delfino, Ana Paula Santos, dos Reis, Kamila Almeida, and Leiras, Adriana
- Subjects
SUPPLY chain management ,SUPPLY chains ,INVENTORY control ,PRODUCTION quantity ,BUSINESS models ,RATE of return - Abstract
Economic production quantity (EPQ) models are traditionally used in operations management. Despite the large number of papers that describe the models, the classic EPQ model does not consider either imperfect quality batches or shortages. However, some industries may be able to sell imperfect items for a lower price, reducing the total production cost. This paper proposes an EPQ model with partial backordering and discount for imperfect quality batches and an algorithm that returns optimal values for the problem. From a numerical example, it is possible to analyse how the changes in the variables affect each part of the total cost function, which provides a useful tool for strategic decision-making. We conclude that it is better to sell imperfect items as soon as possible because the savings in holding costs results in a total cost reduction. It is more profitable for the producer to have planned shortages considering that some costumers are willing to wait. Furthermore, the reduction of the goodwill cost does not necessarily reduce the total cost. [ABSTRACT FROM AUTHOR]
- Published
- 2018
- Full Text
- View/download PDF
24. Performance analysis and design of competitive business models.
- Author
-
Viswanadham, N.
- Subjects
BUSINESS models ,SUPPLY chain disruptions ,ARTIFICIAL intelligence ,INTERNET of things ,BLOCKCHAINS ,CORPORATE governance - Abstract
In this paper, we define the business model of a company and its eight main components which are the customer value proposition, profit formula, partner network, the other four business model pillars include supply/service chain processes; key resources; delivery mechanisms and institutional and social constraints and finally the operational governance. The business model achieves the objective of making money by producing the products/services using the resources following the social and institutional constraints and delivering to various customer segments the products and services using all the sales opportunities including to the primary, secondary customers and cross-sales. We call this framework as the business model ecosystem. Then, we map the unified ecosystem for a unified company and illustrate using several examples. Our business model ecosystem is a generalised version of the business models published in the literature. We then present the GRIP (Governance, Risk, Innovation and Performance) framework. We present some of the example both established and new to illustrate our framework. We compare the traditional retail and e-retail in terms of their business models and discuss the issues involved in business model change. The takeaways from this paper are opportunities for both research and start-ups. [ABSTRACT FROM AUTHOR]
- Published
- 2018
- Full Text
- View/download PDF
25. Lean business models in healthcare: a systematic review.
- Author
-
Ramori, Kristen A., Cudney, Elizabeth A., Elrod, Cassandra C., and Antony, Jiju
- Subjects
VENDOR-managed inventory ,BUSINESS models ,SIX Sigma ,PATIENT satisfaction ,CUSTOMER orientation - Abstract
This paper includes the systematic literature review on lean business models used in the healthcare industry to aid in reducing waste, costs, and improving overall patient care and satisfaction. A systematic literature review was conducted to analyze lean business models used in the healthcare industry regarding lean thinking in healthcare, object technology, Six Sigma and quality models, organisational culture and lean implementation, healthcare delivery method study, clinical services redesign program, process improvement cost model, vendor managed inventory, supply chain innovation, strategic customer service orientation, and the model of care in the healthcare industry. The systematic review of the literature on lean business models suggests that the models such as several process improvement cost models, lean thinking models, managerial process improvement, and models of care can be used in the healthcare industry to reduce waste and costs and improve patient satisfaction. Sustaining competitive advantage for accountable care organisations was also found to help in accomplishing the value demands required by customers and competitors. This paper can be used as a guide for implementing lean business models and lean practices and the review can be used to help organisations see the benefits in using lean practices in the healthcare industry. [ABSTRACT FROM AUTHOR]
- Published
- 2021
- Full Text
- View/download PDF
26. Business model innovation or Business model imitation – That is the question.
- Author
-
Montemari, Marco, Taran, Yariv, Schaper, Stefan, Nielsen, Christian, Thomsen, Peter, and Sort, Jesper
- Subjects
- *
BUSINESS models , *INNOVATIONS in business , *PHANTOM limbs , *TECHNOLOGICAL innovations - Abstract
This paper explores the phenomenon of intra-industry Business Model (BM) imitation through the concept of BM configurations and sheds light on how it relates to BM innovation. The analysis focuses on similarities and deviations of BM configurations among 80 companies operating in the industry sector related to Phantom Limb Pain (PLP). Leveraging a questionnaire-based mapping tool, the results show that companies operating within the area of PLP treatment apply relatively similar BM configurations. This indicates that companies mostly imitate the successful BMs of their main competitors in the industry as a whole and in their specific sub-groups, thus potentially ignoring the opportunity to also compete on a BM level. The contribution brought by the paper is twofold. First, it adds to the research stream on BM configurations by showing that this concept can be used not only to analyze and foster cross-industry BM imitation, but also to explore and examine intra-industry BM imitation (or differentiation). Second, the article contributes to the research stream on intra-industry BM imitation by going beyond prior anecdotal evidence and empirically testing the existence of the phenomenon of intra-industry BM imitation and hence, the potential innovation space on a BM level. [ABSTRACT FROM AUTHOR]
- Published
- 2024
- Full Text
- View/download PDF
27. The role of vocational training in ICT firms: the revelation.
- Author
-
Albizu, Mikel and Estensoro, Miren
- Subjects
OCCUPATIONAL training ,INFORMATION & communication technologies ,ECONOMIC models ,BUSINESS models ,ACTION research - Abstract
The fourth industrial revolution has led to a tremendous increase in the demand for IT specialists. Until recently, this sector had traditionally recruited university graduates, but given the shortage of candidates, it has turned to individuals with vocational training, finding that they are capable of performing the same work with a similar level of efficiency. This article examines the role of IT technicians linked to VET, the objective being to obtain evidence that can help adapt the training system to the new economic model. This analysis is carried out as part of an action research process in Bilbao involving digital firms, VET institutions, policymakers, and the authors of the paper as researchers. Twenty-eight semi-structured interviews were conducted with managers of digital firms to determine the role and related skills (technical, transversal, and work-related organisation) of IT technicians. The findings demonstrate that IT technicians play a critical role in digital firms' business model and that their profile is currently on a par with those of university students. Also apparent is the necessity of establishing a shared language between firms, educational centres, and other agents in order to facilitate the adjustment of the training system in the fourth industrial revolution. [ABSTRACT FROM AUTHOR]
- Published
- 2024
- Full Text
- View/download PDF
28. Looking for meaningful disruptive innovation: counterattack from Pinduoduo.
- Author
-
Chen, Honghua, Zang, Shuwei, Chen, Jin, He, Wentian, and Chieh, Hang Chang
- Subjects
DISRUPTIVE innovations ,INNOVATIONS in business ,MARKET entry ,MARKET timing ,BUSINESS models - Abstract
The disruptive innovation theory has been regarded as a theoretical basis for latecomer firms to enter the market and achieve latecomer transcendence. With the help of typical cases, this paper discusses the issues related to the disruptive innovation of latecomer firms from the perspective of timing selection and business model innovation, and combines the concept of meaningful innovation to provide relevant enlightenment. The study has found that the proper market entry timing is the precondition for latecomer firms to successfully open up non-mainstream segment market, and the business model innovation determines whether the latecomer firms can lead in the non-mainstream market and successfully turn to the mainstream market. The combination of market entry timing selection and business model innovation is an essential way for latecomer firms to take on leading firms through disruptive innovation. These findings enrich and expand the connotation dimensions of the disruptive innovation theory, and provide theoretical guidance for the latecomer firms in developing countries to identify innovation opportunities, open up a new blue ocean market and successfully catch up. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
29. The Burden of Subscribing: How Young People Experience Digital News Subscriptions.
- Author
-
Borchgrevink-Brækhus, Marianne and Moe, Hallvard
- Subjects
YOUNG adults ,BUSINESS journalism ,ADVERTISING revenue ,USER experience ,BUSINESS models - Abstract
This paper analyzes how young non-paying news users experience digital news subscriptions in Norway. As news organizations face declining advertising revenues, digital subscriptions are considered the sustainable financial strategy of the future, with young people a particularly challenging group to convert. We analyze the experiences of young adults who do not pay for news and identify three key dimensions to why they do not subscribe: lack of exclusivity, subscriptions as too time-consuming, and unattractive payment models. We also detail how the informants maneuver around paywalls, and we highlight "multi-perspectivism" as an overarching concern guiding the informants' preferences. Empirically, the paper furthers our understanding of the challenges facing business models for journalism, especially problems with long-term, provider-specific subscriptions. Methodologically, we demonstrate how a combination of recurring interviews and a media diary matching a subscription test period yields a deeper analysis of motivations for, and experiences with, news use. Theoretically, the paper shows how approaching news through users' experiences can provide insights not just into what users appreciate from news but also into where they consider there is a lack of value. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
30. Business model experimentation in SMEs: the application of a dual scaling technique.
- Author
-
Molina-Castillo, Francisco-Jose, de Reuver, Mark, Bouwman, Harry, and Clavel, Jose G.
- Subjects
BUSINESS models ,SMALL business ,TECHNOLOGICAL innovations ,INNOVATIONS in business - Abstract
Business model experimentation is an essential step for developing new business models. While the benefits of business model experimentation are increasingly studied, it is still poorly understood why companies engage in business model experimentation. This paper examines, starting from environmental turbulence reasoning, which external and internal drivers serve as antecedents for business model experimentation by firms that already have established business models. We do so by making use of a unique, quantitative data set based on a survey study among 929 European SMEs actively engaged in business model innovation. Using Dual Scaling, a procedure to scale categorical inputs that yields the least-squares lower-rank approximation to the elements of our data set, we find that external drivers relating to technological turbulence are the most important antecedents for business model experimentation. External competitive intensity doesn't motivate business model experimentation. Regarding internal drivers, strategic change, related to product innovation, is a significant antecedent, while innovative activities are less outspoken. By examining why companies engage in business model experimentation, the paper contributes to understanding the antecedents of business model innovation. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
31. Emerging dimensions of blockchain application in tourism and hospitality sector: a systematic literature review.
- Author
-
Jain, Preeti, Singh, Rajesh Kr., Mishra, Ruchi, and Rana, Nripendra P.
- Subjects
BLOCKCHAINS ,TOURISM ,EVIDENCE gaps ,HOSPITALITY industry ,DIGITAL divide ,BUSINESS models - Abstract
Owing to its unparalleled transparency and disintermediation characteristics, blockchain technology has a huge potential to transform the tourism and hospitality industry. Airlines and hotel companies are now turning to blockchain for its multifaceted applications, yet its holistic value realization in the sector is far from reality. The existing literature in terms of theoretical and methodological underpinnings concerning blockchain technology integrated Smart Tourism 4.0 remains limited and fragmented across its lifecycle. With a structured, systematic literature review approach, the study aims to conduct an in-depth review of 56 selected papers obtained from a specific search criterion employed across widespread repositories of Scopus, Web of Science, and EBSCOhost databases, capturing the period from Jan 2012 to May 2022. The study identifies critical research gaps in technology awareness, particularly around the maturity index for a BCT-integrated digitized business model. The emerging themes based on the primary focus areas are summarized and extended further to provide future research directions on the basis of theory, context, and method (TCM) framework. To advance the readers' understanding to the next level, a few case examples of linked theory, context and methodology are also provided. 由于其无与伦比的透明度和非中介化特征,区块链技术具有巨大的潜力来改变旅游业和酒店业. 航空公司和酒店公司现在正转向区块链, 以实现其多方面的应用, 但其在该领域的整体价值实现远未实现. 关于区块链技术集成智能旅游4.0的理论和方法基础方面的现有文献在其整个生命周期中仍然有限且支离破碎. 该研究采用结构化、系统的文献综述方法, 旨在对从Scopus、科学之网和EBSCO宿主数据库的广泛存储库中采用的特定搜索标准获得的56篇论文进行深入审查, 涵盖2012年1月至2022年5月这段时间. 该研究确定了技术意识方面的关键研究差距, 特别是围绕BCT集成数字化业务模型的成熟度指数. 基于主要关注领域的新兴主题被进一步总结和扩展, 以在理论、背景和方法(TCM)框架的基础上提供未来的研究方向. 为了将读者的理解提升到一个新的层次, 还提供了一些相关理论、背景和方法的案例. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
32. Managing production level in new product diffusion: an agent-based simulation approach.
- Author
-
Negahban, A., Yilmaz, L., and Nall, T.
- Subjects
PRODUCTION management (Manufacturing) ,INDUSTRIAL management ,NEW product development ,PRODUCT management ,FIRST-mover advantage ,PRODUCT launches ,DEMAND forecasting ,SUPPLY & demand ,SIMULATION methods & models ,BUSINESS models ,MANUFACTURED products ,MANUFACTURING resource planning - Abstract
Managing production level after the launch of a new product is a challenging problem and is critical to the overall profit of manufacturing firms. The problem involves concepts from different fields including production planning, manufacturing flexibility, forecasting, and marketing. In this paper, the gaps in the existing literature are first illustrated. With the goal of addressing the identified research gaps, agent-based modeling and simulation is employed to analyze the performance of different production planning strategies under various levels of volume flexibility and consumer social network structures. The key distinguishing feature of the developed model is the capability of the manufacturing firm to adjust its production level by forecasting the future demand. The analysis of the simulation outputs yields substantial results by challenging some intuitive and traditional understandings of manufacturing systems. The paper also provides a discussion on managerial implications of the results in order to provide the managers with guidelines on the implementation of the model in real-world diffusion environments. [ABSTRACT FROM PUBLISHER]
- Published
- 2014
- Full Text
- View/download PDF
33. International Journal of the Economics of Business Best Paper Prize Announcement.
- Subjects
BUSINESS announcements ,ECONOMIC development ,ECONOMIC periodicals ,PERIODICAL publishing ,BUSINESS models - Published
- 2015
- Full Text
- View/download PDF
34. "Sorry, We're Closed": Applying Business Models to Failed Terrorist Organizations.
- Author
-
Ludwick, Keith W.
- Subjects
TERRORIST organizations ,BUSINESS models ,ORGANIZATIONAL behavior ,LEAD ,TERRORISM - Abstract
The application of specific, business organizational models to understand terrorism remains absent in the literature. This article argues business models can apply to understanding terrorist organizational behavior. Two traditional organizational models are integrated with two terrorist organizations to examine their leadership and management. These two business models successfully demonstrate which elements of terrorist group organization potentially lead to their failure, specifically a lack of concern for administrative functions. This paper more broadly suggests specific models within business organizational theory offer an insight into future growth or decline of a terrorist organization. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
35. From copycat to copyright: intellectual property amendments and the development of Chinese online video industries.
- Author
-
Gilardi, Filippo, White, Andrew, Chen, Zhen Troy, Cheng, Shuxin, Song, Wei, and Zhao, Yifan
- Subjects
COPYRIGHT ,STREAMING video & television ,INTELLECTUAL property ,BUSINESS models - Abstract
Many commentators have in the past hailed the production in China of lower cost versions of famous Chinese and international cultural and media products, better known as a shanzhai (山寨) form of production. Against that, this paper argues that there has been a significant move away from a copycat model in the Chinese creative industries, a trend which should be viewed within the context of China's obligations as a full member of the WTO. This paper argues that the way in which online video industries have developed and innovated over the last 14 years in China has changed in that online video industries are constantly mutating their business models in response to lawsuits for IP violations instead of simply aligning with existing regulations. By doing that, they are indirectly adapting their business models to local legislation relating to the protection of IP for domestic and international content. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
36. A TISM approach for the analysis of enablers in implementing mass customization in Indian manufacturing units.
- Author
-
Jain, Piu, Garg, Suresh, and Kansal, Gayatry
- Subjects
MASS customization ,BUSINESS planning ,ORGANIZATIONAL aims & objectives ,STRUCTURAL models ,BUSINESS models - Abstract
Mass Customization is a generic business strategy for organizational excellence and organizations striving for competitive advantage are incorporating MC into their business model. Though research has been done to identify enablers of mass customization, there has been an associated degree of study in conceptual papers while theory-building articles are less in number. Also, less study has been done in the Indian market scenario. The literature show that organizations are apprehensive of their technological potentials and are not taking initiative to transform themselves from conventional mass manufacturing companies to mass customization for emerging market needs. As a response to this research gap, a systematic literature review is conducted on enablers for MC and Total Interpretive Structural Modelling (TISM) and MICMAC analysis is used to develop a framework that illustrates how enablers are placed at different levels and how a particular enabler influences the other or getting influenced. Supporting this insight, a theory for accomplishing mass customization in manufacturing units is established. The theory is verified from experts by structured questionnaire from three Indian manufacturing companies where Mass customization is being practiced. This paper renders a summary of the methodology and specifies its validation in three case study companies. Practices are suggested to reinforce the attainment of mass customization in organizations aspiring to implement mass customization. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
37. Developing appropriate business model for maize shelling technologies in small holder farmers in North West Ethiopian Districts.
- Author
-
Gebeyehu, Sisay Geremew
- Subjects
UNEMPLOYED youth ,BUSINESS models ,CASH crops ,AGRICULTURE ,FARMERS ,CORN - Abstract
The aim of this paper is to identify and select an appropriate business model for the utilization of maize shelling technologies in small-scale farming practices. Though a very old practice, agriculture is still the central activity of the entire globe due the reason that it directly or indirectly affects the livelihood of the inhabitants. West Gojjam zone of the Amhara National Regional State (ANRS) in Ethiopia is among the known maize producing zones in Country for both consumption and as a cash crop. But, the problem is the high wastage of production due to post-harvest losses (PHL) due to mechanical shelling practices. Aiming to solve this PHL of maize production, at the shelling stage, assessments and discussion with the maize growing farmers and experts concerned were conducted. This paper tries to present an appropriate business model for enabling local small holder farmers get access to different maize shelling technologies. The research follows a survey-type design which provides both a quantitative and a qualitative description of operational and business variables, attitudes, or opinions of a population in the target area, and overall insight of the technology market. The current data shows that rental maize shelling service is feasible for the fragmented maize production of the West Gojjam zone, in the Amhara National Regional State of Ethiopia. Hence, a generic conceptual model has been developed based on the feedbacks of local smallholder farmers, agricultural agents, service providers and suppliers. This model shows how to select and make available appropriate maize shelling technologies that will fit the actual demand at household level. It also shows a rent-to-own approach of maize shelling service that will help the unemployed youth in the localities. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
38. A critical examination of the VFA framework – the VFA agent and beyond.
- Author
-
Buttigieg, Christopher P. and Sapiano, Gerd
- Subjects
BUSINESS models ,RECORDING & registration ,PERFORMANCE ,EXAMINATIONS ,ARM - Abstract
Malta is one of the first countries to have enacted a framework for the regulation of crypto assets. This paper examines the Maltese initiative and compares this framework with developments in other jurisdictions, particularly France, which is the only EU Member State other than Malta, to have a sui generis framework for the sector. It also examines in detail the regime applicable to VFA Agents, which have a critical role in ensuring that only operators that are fit and proper get access to Malta's financial system, thus acting as a first line of defence against the abuse of the system. The paper outlines how, through checks on an applicant for registration as a VFA Agent's governance, business model, level of competence and systems and controls, the MFSA is ensuring that registered agents can perform as the Authority's extended supervisory arm, thereby strengthening the level of monitoring in this field. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
39. Entrepreneurial marketing and hybrid entrepreneurship: the case of JM Reid Bamboo Rods.
- Author
-
Ferreira, Caitlin C., Lord Ferguson, Sarah, and Pitt, Leyland F.
- Subjects
ENTREPRENEURSHIP ,BUSINESS models ,BRAND image ,BAMBOO ,BUSINESS expansion - Abstract
Through the presentation of the case of James Reid, a hybrid entrepreneur that transitioned towards full-time entrepreneurship, this paper discusses a number of entrepreneurial marketing issues faced by a small business. When presented with several opportunities for business growth, Reid evaluates the extent to which growth could impact his business model, brand image and his passion. The case study demonstrates the importance of maintaining brand values and establishing a clear strategic orientation in order to create a strong brand. However, these are shown to also significantly limit the growth prospects of the business. The discussion of the case delves into these issues together with an examination of the entrepreneurial journey of a highly skilled transitory hybrid entrepreneur. This paper further introduces the concept of a comfort entrepreneur, one that willingly halts the growth of their venture, and examines the business implications thereof. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
40. An Economic Analysis of Platform Protection in the Presence of Content Substitutability.
- Author
-
Nan, Guofang, Yao, Lina, Ho, Yi-Chun (Chad), Li, Zhiyong, and Li, Minqiang
- Subjects
PRICING ,ECONOMIC research ,BUSINESS models ,ADVERTISING agencies ,APPLICATION stores ,USER-generated content - Abstract
Online platforms, such as App Store and Kindle, are facing a common dilemma: while the implementation of technology-based protection impedes piracy and hence boosts demand from legal users (positive effect), the resulting restriction meanwhile imposes some level of disutility on the same due to inconvenience (negative effect). This paper investigates a monopolistic platform's optimal protection level and pricing strategy under an agency business model (content agency model or advertising agency model). We find that the platform's protection strategy hinges on the relative magnitude of the two opposing effects of protection. When the negative effect dominates, the minimal protection is optimal. However, as the positive effect becomes more salient, the platform has an incentive to increase the protection level. We also find that although the demand of non-pure platform users always increases as the level of content substitutability rises under the minimal and maximal protection regions, it is not necessarily the case under the medium protection region. The study advances our understanding of the content protection against piracy from a platform's perspective. Our findings also provide insights into business model decision when platform protection is endogenously determined. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
41. Theory of constraint methodology where the constraint is the business model.
- Author
-
Spector, Yishay
- Subjects
THEORY of constraints ,BUSINESS models ,METHODOLOGY ,CONTRACTING out ,CONTRACT manufacturing ,BUSINESS planning - Abstract
This paper addresses the issue of business model (BM) management and its relationship to the theory of constraints (TOC). Coman and Ronen (Coman, A. and Ronen,B., 2007. Managing strategic and tactical constraints in the hi-tech industry. International Journal of Production Research, 38(7), 1631-1639) have extended TOC methodology to include the alignment of the organisation's competencies with the business arena's strategic constraints. The aim of this paper is to take TOC one step further and to combine it with the business models theory. Business models have become important value creators due to the proliferation of new and innovative business models (i.e. new ways of creating value). New firms with new business models are threatening and replacing established companies and conventional ways of doing business. Among these are the music, publishing, books, retail, airline and many other industries. This paper argues that in the wake of the World Wide Web, contract manufacturing and globalisation it not enough to manage the firms (internal, external or strategic) constraints. In addition, the management of the firm's BM as a potential constraint is a key factor in the modern management theory. [ABSTRACT FROM AUTHOR]
- Published
- 2011
- Full Text
- View/download PDF
42. Capabilities for the internet of things enabled product-service system business models.
- Author
-
Karttunen, Elina, Pynnönen, Mikko, Treves, Luke, and Hallikas, Jukka
- Subjects
- *
INTERNET of things , *BUSINESS models , *DATA warehousing , *DATA management , *OPERATIONS management - Abstract
The Internet of things (IoT) transforms how businesses operate, create, and deliver products and services. Despite increasing interest in IoT business models, knowledge of the capabilities needed to implement them remains vague. The objective of this paper is to investigate patterns found in 21 empirical tested cases covering several industries. This paper identifies the most common capabilities (connectivity, data management and storage, monitoring, data analytics, control, operations management, maintenance, communication, applications, and security) in an IoT-Product Service System (PSS). Industry practitioners can use this information to visualise linkages between their intended business model and capabilities when developing IoT-PSSs. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
43. Social entrepreneurship as a new business model. The case of refugee integration.
- Author
-
Rivna, Anna and Gress, Martin
- Subjects
SOCIAL entrepreneurship ,REFUGEES ,BUSINESS models ,SOCIAL integration ,RESEARCH questions - Abstract
The aim of this paper is to analyse the definition of the new 'buzzword' of Social Business in general, as well as to analyse its contribution to the refugee integration and touch upon their challenges and barriers they encounter. In the past few years, Austria has witnessed a massive increase in the number of asylum-seeking refugees, which has sparked a heated debate about the methods of their integration process. Politicians have proposed several measures, still problems such as social inclusion or effective and targeted integration into the labor market have remained untouched. In order to answer the research questions, this study applies the qualitative method and is based on both primary and secondary data. The data is gathered from 10 interviews of social businesses in the field of refugee integration in Austria. Based upon this finding, it is of the utmost importance that social businesses garner the attention of the government and policies which should support their creation and development. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
44. Measuring the Worth of Social Good: Valuation in an Emergent Non-profit Social Enterprise.
- Author
-
McInerney, Paul-Brian
- Subjects
SOCIAL enterprises ,NONPROFIT organizations ,VENTURE capital ,VALUE creation ,BUSINESS models ,VALUATION - Abstract
Non-profit social enterprises address social problems with business models. This paper examines the founding years of an early non-profit social enterprise in the United States to highlight the role venture capital and venture philanthropy played in shaping performance measures. While venture philanthropies funded the creation of blended value models of performance measures, other practices from venture capital, such as taking board seats and engaging in managerial oversight, were quietly playing a profound role in the financialization of performance measurement in non-profit social enterprise. The early influence of venture capital valorised quantitative performance measures, the objectivity, calculability, and commensurability of which made them attractive to key stakeholders. More recent work in performance measurement have sought to incorporate a wider range of stakeholders. However, this paper explains the legacy of venture capital in financializing performance measures with which social enterprises continue to grapple. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
45. From National Marketplaces to Global Providers of Financial Infrastructures: Exchanges, Infrastructures and Structural Power in Global Finance.
- Author
-
Petry, Johannes
- Subjects
MARKETPLACES ,STOCK exchanges ,INTERNATIONAL competition ,BUSINESS models ,CAPITAL market ,GLOBAL analysis (Mathematics) ,OVER-the-counter markets ,FINANCIAL markets - Abstract
This paper analyses the role of (stock and derivative) exchanges as powerful actors in global finance. While most IPE accounts of exchanges analyse 'exchanges as marketplaces' and focus on equity market trading, they miss how exchanges have fundamentally transformed in the last 25 years. Through marketisation, internationalisation and digitisation, the business model of exchanges has fundamentally changed and led to the emergence of global exchange groups that dominate the exchange industry (CME, ICE, LSE, Cboe, Nasdaq and Deutsche Börse). Thereby, exchanges transformed from national marketplaces to global providers of financial infrastructures. They control the infrastructures that enable the functioning of capital markets: from market data, indices, financial products, trading platforms to post-trading activities such as clearing, exchanges create the rules according to which market transactions take place. This provision of financial infrastructures enables them to shape capital markets and represents a source of structural power, as exchanges potentially influence the actions of companies, investors and states entangled with these infrastructures. By shedding light on exchanges and their changed role and activities within capital markets, this paper makes a case for including exchanges as powerful actors into IPE analyses of global finance and for more closely analysing the structural power of (financial) infrastructure providers in the global economy. [ABSTRACT FROM AUTHOR]
- Published
- 2021
- Full Text
- View/download PDF
46. Influencing mechanism of strategic flexibility on corporate performance: the mediating role of business model innovation.
- Author
-
Xiao, Hongjun, Yang, Zhen, and Hu, Yelin
- Subjects
ORGANIZATIONAL performance ,BUSINESS models ,FINANCIAL performance ,FINANCIAL markets ,BUSINESS enterprises - Abstract
This paper explores the internal mechanism of corporate strategic flexibility on corporate performance. Through the empirical test of 197 Chinese enterprises, the empirical test is performed on the statistical hypothesis using the statistical method of SEM and linear regression. We find that the corporate strategic flexibility has a significant positive impact on its financial performance and market performance, and business model innovation has a significant positive impact on corporate financial performance and market performance, and efficiency-centred business model innovation plays a partial mediating role between strategic flexibility (resource flexibility and coordination flexibility) and corporate financial concentration; novelty-centred business model innovation plays a fully mediating role between resource flexibility and corporate market performance, and a partial mediating role between coordination flexibility and corporate market performance. [ABSTRACT FROM AUTHOR]
- Published
- 2021
- Full Text
- View/download PDF
47. Artificial Intelligence and Sustainable Development in China.
- Author
-
Liengpunsakul, Subin
- Subjects
ARTIFICIAL intelligence ,INCENTIVE (Psychology) ,BUSINESS models ,SUSTAINABLE development - Abstract
This paper examines artificial intelligence (AI) and sustainable development in China. The Chinese government has developed ambitious policies for global leadership in the field of AI and sustainable development. While China has made progress in several areas of Sustainable Development Goals (SDGs), it is lagging behind in achieving the SDGs overall, and AI technologies can bolster its progress toward SDGs. Using the latest data of 193 countries around the world, the paper also analyzes the implication of AI on sustainable development both at the global and regional levels. Broadly, a strong positive relationship between the government AI readiness and progress toward SDGs is observed. When classifying the SDGs into four dimensions including economy, society, environment, and partnerships, government AI readiness is found to have a strong relationship with economy followed by the society dimension, whereas there are no clear relationships with the environment and partnerships dimensions. To fully harness and scale the power of AI to meet the SDGs, the Chinese policy maker should align the potential AI technologies to address its SDGs gap, and identify the priority or targeted areas and design appropriate business models and incentive structures for scaling viable solutions. AI technologies, when implemented strategically and properly, can accelerate China's progress toward SDGs. [ABSTRACT FROM AUTHOR]
- Published
- 2021
- Full Text
- View/download PDF
48. Detouring route of SMEs in post catching-up conditions: context and dilemmas behind the quest for science-based business model innovation.
- Author
-
Wong, Chan-Yuan, Ni, Fu-Chuan, and Sugano, Toshio
- Subjects
BUSINESS models ,INNOVATIONS in business ,BUSINESS enterprises ,CONSORTIA ,DILEMMA ,HIGH technology ,INTELLECTUAL capital - Abstract
SMEs in post catching-up economies are assumed to possess high tech (science-based) business savvy with which to innovate new business models. Businesses operating without it are encouraged to commit and contribute to a coordinated R&D consortium – or risk missing the boat in the process of developing niches. In our view, it is fallacious to be preoccupied with coordinated joint R&D and patenting activities in construing the importance of science and leading SME growth agendas. This paper seeks to provide a rich and robust narrative, with the goal of bringing qualitative rigour to our typology and discovering contextual details that might be overlooked in proposing such development measures. We used two authoritative cases to uncover the dynamics and dilemmas of SMEs during times of change. This paper sheds light on why desirable results might not result from narrating the importance of science and intellectual capital for SMEs, or from seeding a routine for patenting and science-related business venturing. The inherent characteristics highlighted for traditional and IT-software based SMEs in Taiwan lead us to dwell deeper on what led to emergence of SMEs – and what could result from different industrial migration rates. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
49. Factors driving business model innovation in sample case studies in South Africa.
- Author
-
Motjolopane, Ignitia and Ruhode, Ephias
- Subjects
LEADERSHIP ,TECHNOLOGICAL innovations ,BUSINESS conditions ,INNOVATIONS in business ,BUSINESS models ,DIGITIZATION - Abstract
In an environment of changing customer needs, technological advancement and digitization, the importance of business model innovation in supporting companies to accrue benefits from increased digitization while counteracting threats has intensified. Factors driving business model innovation could be of value in facilitating business model innovation success and accrue benefits from increasing digitization. As the factors driving business model innovation are often triggers for the next cycle, however, there is limited empirical research on factors driving business model innovation. This paper presents empirical findings on factors driving business model innovation using unstructured interviews with nine executives from five sample companies in South Africa. Main finding from the research indicate that both external and internal factors such as existential crises, serve as valuable triggers for business model innovation. Furthermore, entrepreneurial inspirational leadership and quality of staff are important conditions for business model innovation success. The study findings imply that both companies and policymakers who seek to facilitate innovation need to take into account the impact of the business model innovation triggers on business model innovation success. The main contribution of the paper is the empirical finding on factors driving business model innovation using as a lens the sample case study companies. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
50. Which innovations for Circular Business Models? A product life-cycle categorisation.
- Author
-
Chioatto, Elisa, Zecca, Emy, and D'Amato, Alessio
- Subjects
CIRCULAR economy ,SMALL business ,BUSINESS models ,ECONOMIC trends ,INNOVATIONS in business - Abstract
Circular Economy has emerged to face current unsustainable economic trends. Clarifying and promoting tools for embedding circularity in firms' business models is becoming crucial. Notwithstanding Eco-Innovation has been recognised as a fundamental link to connect Circular Economy with business models restructuring, still little consensus exists on the interlinkages among the concepts of Eco-Innovation, Circular Economy and Circular Business Models. This research aims to understand which innovations can favour the transition from linear to closed-loop processes, and to identify circular business models using the lens of Eco-Innovation practices. We recognise three groups of innovations that are expected to drive firms' business towards circularity, leading to the identification of an original Product Life-Cycle Categorisation. An exploratory empirical analysis is finally developed on the basis of Italian Small and Medium Enterprises' data, in order to show the ability of our categorisation to distinguish across eco-innovative practices that are driven by (partly) heterogeneous determinants. Highlights: Designing new ways of creating value in accordance with circular economy strategies is becoming crucial The lack of theoretical guidance around the role of Eco-Innovation for circular economy may hinder firms' ability to put in practice circular business models A categorisation of eco-innovative practices desirable for circular economy can support firms to put forward business models changes Heterogeneous drivers are involved in the adoption of different typologies of circular innovations [ABSTRACT FROM AUTHOR]
- Published
- 2024
- Full Text
- View/download PDF
Discovery Service for Jio Institute Digital Library
For full access to our library's resources, please sign in.