Kristina Kovaite - Academia.edu (original) (raw)
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Papers by Kristina Kovaite
Sustainability
Evaluation and selection of eco-innovation strategies is a significant and complex strategic deci... more Evaluation and selection of eco-innovation strategies is a significant and complex strategic decision, and despite the relevance and interest in the field of eco-innovation, the area of eco-innovation strategies has not been explored in depth in the scientific literature. Therefore, in this study, we propose an integrated approach to evaluating eco-innovation strategies from the perspective of strategic green transformation that helps decision-makers evaluate and select eco-innovation strategy aiming to achieve a competitive advantage. For this study, we adopted a validated multi-criteria decision-making methodology (MCDM) by combining Analytical Hierarchy Process (AHP) and The Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS). The reliability of the proposed framework was tested and applied in the context of the Lithuanian furniture industry. This study offers three contributions and provides a comprehensive and profound insights into eco-innovation strateg...
12th International Scientific Conference “Business and Management 2022”
The paper examines the modelling dimensions of the virtual teaching/learning environment and its ... more The paper examines the modelling dimensions of the virtual teaching/learning environment and its practice aiming to reflect in the changing environment. The aim of the research is to reveal the process of modelling the virtual learning environment by analysing the policy of the learning environment changes and how is reflected in the educa-tion and economic development policies. Focus groups and interviews are used as qualitative research methods. The results of this research make an input for both academic and practice areas of education management, social-learning innovations, and human resources development. Findings particularly show the nature of learning that becomes more learner-centred; learning opportunities meet the individual needs; innovative educational concepts will be implement-ed through experiential or inclusive learning and social-cognitive processes will meet the needs of economic change. The suggestions to be used by the economic development and education policym...
Proceedings of 6th International Scientific Conference Contemporary Issues in Business, Management and Economics Engineering ‘2019, 2019
Purpose – to identify the types of risks to be analysed during the process of digitalisation of b... more Purpose – to identify the types of risks to be analysed during the process of digitalisation of business models driven by Industry 4.0 and determine which blocks of business model are affected most. Research methodology – FARE method as a Multicriteria decision support method for expert evaluation is used. Findings – results determine 6 types of risks: technical, competence, acceptance by staff, acceptance by customers and partners, data privacy and security and financial risks. The highest effect is shown in customer channels, key resources, and revenue stream and customer segmentation. The lowest effect is shown for key partners. Research limitations – research focuses on the level of enterprise and does not cover macro-level risks. Practical implications – Industry 4.0 brings new types of risks to be assessed. The results show that risk assessment matrix RADi (Risk Assessment of Digitalisation of Business Model) can be used by enterprises to identify areas of highest risks when p...
Economics and Business, 2019
Small and medium-sized enterprises (SMEs) are assumed to be one of the key contributors to the co... more Small and medium-sized enterprises (SMEs) are assumed to be one of the key contributors to the country’s economic growth and social welfare. Thus, their internationalisation appears to be inevitable considering how globalisation processes have changed the rules of competition in recent decades. Smart and digitalised technologies (Internet of Things and Services, etc.) decentralise communication and provide the opportunities for new firms to overcome the barriers of geographical location and access international markets through co-creation business models and changes of the value chains. The paper aims at analysing and disclosing how the fourth industrial revolution (Industry 4.0) influences SME internationalisation. The present study is grounded on the research of extant scientific literature and assessment of experts. The research demonstrates that Industry 4.0 positively influences the internationalisation of SMEs on a number of dimensions. The recommendations for managers and pol...
Socialinis ugdymas, 2016
Straipsnyje analizuojami kompleksinės pagalbos ankstyvojo amžiaus vaikams bei šeimoms sampratos į... more Straipsnyje analizuojami kompleksinės pagalbos ankstyvojo amžiaus vaikams bei šeimoms sampratos įgyvendinimo modeliai, nagrinėjami šių modelių mechanizmai, sisteminių sprendimų poreikis kintant socioekonominei politikai. Sprendžiant teikiamų paslaugų modeliavimo problemas, nagrinėjamas specialistų elgesys ir kompleksiškumas. Turinio analizės metodu apibendrinant tyrimo rezultatus, identifikuojama modelio problematika, išryškinamos galimos kompleksinės pagalbos modeliavimo kryptys, paskirtis ir perspektyvos.
Management, 2020
Industry 4.0 describes a phenomenon which augments business models and also communication channel... more Industry 4.0 describes a phenomenon which augments business models and also communication channels in commercial enterprises. This paper analyses scientific publications related to the business model changes driven by Industry 4.0, and also digital internal communication channels used to reduce risks in the process. The paper is based upon a systematic review of scientific publications and evaluation by experts. The research revealed a gap between internal communication through digital channels and the change process in Industry 4.0-driven business models. Each channel has its mission and contributes to reducing risk during the change process. Since there is no universal digital channel for internal communication, different digital communication channels are efficient at different stages of change. The paper makes recommendations for enterprises, related to the effectiveness of digital communication channels during the business model transformation. It further contributes to existin...
International Journal of Economics and Business Research, 2021
Industry 4.0 changes business models and in so doing presents new risks that need to be addressed... more Industry 4.0 changes business models and in so doing presents new risks that need to be addressed. Research presented in this paper developed a risk assessment for business model digitisation (RADi) matrix which consists of technical, competences, employee and customer consent, data security, and financial risk. The expert evaluation uses the FARE method as a multi-criteria decision support approach. The results determine which parts of a business model driven by the Industry 4.0 are most affected by different risks. The results indicate the greatest impact is on customer channels, key resources, revenue stream, and customer segments, whilst key partners are the least impacted. Our research demonstrates that the RADi model can be used by firms to identify and plan for critical risks as well as to implement the digitisation of business models. Policymakers will find the RADi approach useful to anticipate risks and prioritise public support and regional development.
Sustainability
Evaluation and selection of eco-innovation strategies is a significant and complex strategic deci... more Evaluation and selection of eco-innovation strategies is a significant and complex strategic decision, and despite the relevance and interest in the field of eco-innovation, the area of eco-innovation strategies has not been explored in depth in the scientific literature. Therefore, in this study, we propose an integrated approach to evaluating eco-innovation strategies from the perspective of strategic green transformation that helps decision-makers evaluate and select eco-innovation strategy aiming to achieve a competitive advantage. For this study, we adopted a validated multi-criteria decision-making methodology (MCDM) by combining Analytical Hierarchy Process (AHP) and The Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS). The reliability of the proposed framework was tested and applied in the context of the Lithuanian furniture industry. This study offers three contributions and provides a comprehensive and profound insights into eco-innovation strateg...
12th International Scientific Conference “Business and Management 2022”
The paper examines the modelling dimensions of the virtual teaching/learning environment and its ... more The paper examines the modelling dimensions of the virtual teaching/learning environment and its practice aiming to reflect in the changing environment. The aim of the research is to reveal the process of modelling the virtual learning environment by analysing the policy of the learning environment changes and how is reflected in the educa-tion and economic development policies. Focus groups and interviews are used as qualitative research methods. The results of this research make an input for both academic and practice areas of education management, social-learning innovations, and human resources development. Findings particularly show the nature of learning that becomes more learner-centred; learning opportunities meet the individual needs; innovative educational concepts will be implement-ed through experiential or inclusive learning and social-cognitive processes will meet the needs of economic change. The suggestions to be used by the economic development and education policym...
Proceedings of 6th International Scientific Conference Contemporary Issues in Business, Management and Economics Engineering ‘2019, 2019
Purpose – to identify the types of risks to be analysed during the process of digitalisation of b... more Purpose – to identify the types of risks to be analysed during the process of digitalisation of business models driven by Industry 4.0 and determine which blocks of business model are affected most. Research methodology – FARE method as a Multicriteria decision support method for expert evaluation is used. Findings – results determine 6 types of risks: technical, competence, acceptance by staff, acceptance by customers and partners, data privacy and security and financial risks. The highest effect is shown in customer channels, key resources, and revenue stream and customer segmentation. The lowest effect is shown for key partners. Research limitations – research focuses on the level of enterprise and does not cover macro-level risks. Practical implications – Industry 4.0 brings new types of risks to be assessed. The results show that risk assessment matrix RADi (Risk Assessment of Digitalisation of Business Model) can be used by enterprises to identify areas of highest risks when p...
Economics and Business, 2019
Small and medium-sized enterprises (SMEs) are assumed to be one of the key contributors to the co... more Small and medium-sized enterprises (SMEs) are assumed to be one of the key contributors to the country’s economic growth and social welfare. Thus, their internationalisation appears to be inevitable considering how globalisation processes have changed the rules of competition in recent decades. Smart and digitalised technologies (Internet of Things and Services, etc.) decentralise communication and provide the opportunities for new firms to overcome the barriers of geographical location and access international markets through co-creation business models and changes of the value chains. The paper aims at analysing and disclosing how the fourth industrial revolution (Industry 4.0) influences SME internationalisation. The present study is grounded on the research of extant scientific literature and assessment of experts. The research demonstrates that Industry 4.0 positively influences the internationalisation of SMEs on a number of dimensions. The recommendations for managers and pol...
Socialinis ugdymas, 2016
Straipsnyje analizuojami kompleksinės pagalbos ankstyvojo amžiaus vaikams bei šeimoms sampratos į... more Straipsnyje analizuojami kompleksinės pagalbos ankstyvojo amžiaus vaikams bei šeimoms sampratos įgyvendinimo modeliai, nagrinėjami šių modelių mechanizmai, sisteminių sprendimų poreikis kintant socioekonominei politikai. Sprendžiant teikiamų paslaugų modeliavimo problemas, nagrinėjamas specialistų elgesys ir kompleksiškumas. Turinio analizės metodu apibendrinant tyrimo rezultatus, identifikuojama modelio problematika, išryškinamos galimos kompleksinės pagalbos modeliavimo kryptys, paskirtis ir perspektyvos.
Management, 2020
Industry 4.0 describes a phenomenon which augments business models and also communication channel... more Industry 4.0 describes a phenomenon which augments business models and also communication channels in commercial enterprises. This paper analyses scientific publications related to the business model changes driven by Industry 4.0, and also digital internal communication channels used to reduce risks in the process. The paper is based upon a systematic review of scientific publications and evaluation by experts. The research revealed a gap between internal communication through digital channels and the change process in Industry 4.0-driven business models. Each channel has its mission and contributes to reducing risk during the change process. Since there is no universal digital channel for internal communication, different digital communication channels are efficient at different stages of change. The paper makes recommendations for enterprises, related to the effectiveness of digital communication channels during the business model transformation. It further contributes to existin...
International Journal of Economics and Business Research, 2021
Industry 4.0 changes business models and in so doing presents new risks that need to be addressed... more Industry 4.0 changes business models and in so doing presents new risks that need to be addressed. Research presented in this paper developed a risk assessment for business model digitisation (RADi) matrix which consists of technical, competences, employee and customer consent, data security, and financial risk. The expert evaluation uses the FARE method as a multi-criteria decision support approach. The results determine which parts of a business model driven by the Industry 4.0 are most affected by different risks. The results indicate the greatest impact is on customer channels, key resources, revenue stream, and customer segments, whilst key partners are the least impacted. Our research demonstrates that the RADi model can be used by firms to identify and plan for critical risks as well as to implement the digitisation of business models. Policymakers will find the RADi approach useful to anticipate risks and prioritise public support and regional development.