Business Models Research Papers - Academia.edu (original) (raw)

This paper presents a review of the Internet-of-Things (IoT) through four conceptualizations: IoT as liquification and density of information of resources; IoT as digital materiality; IoT as assemblage or service system; and IoT as... more

This paper presents a review of the Internet-of-Things (IoT) through four conceptualizations: IoT as liquification and density of information of resources; IoT as digital materiality; IoT as assemblage or service system; and IoT as modules, transactions, and service. From the conceptualizations, we provide a definition of IoT and present its implications and impact on future research in Marketing that interfaces with information systems, design and innovation, data science and cybersecurity, as well as organizational studies and economics. By integrating the implications of IoT with extant literature, we then propose a set of priorities for future research in this area.

Digital Business Platforms (DBPs) such as eBay, Google, and Uber have seen enormous growth in recent years. What exactly are the salient characteristics of this new way of structuring a business? What is the role of marketing in helping... more

Digital Business Platforms (DBPs) such as eBay, Google, and Uber have seen enormous growth in recent years. What exactly are the salient characteristics of this new way of structuring a business? What is the role of marketing in helping DBPs succeed? What are the important research topics in this domain for theory and practice? We explore these topics in this paper.
We develop a new conceptual framework based on the insights from Transactions Cost Analysis (TCA) to outline the role and impact of marketing in DBPs. We argue that the primary role of marketing is to increase the number and quality of interactions that take place on a DBP, while also helping to reduce transaction costs for users and the production costs for the DPB. The interactions that are enabled by DBPs and the resulting data generated are the key enablers of value creation and value appropriation on these platforms. But DBPs also introduce several challenges for both value creation and value appropriation because they cater to the needs of many different types of users that are on the platform. As a result, DBPs need to carefully coordinate and manage the interactions between users on different sides of a platform. We also need to re-conceptualize some of the traditional roles of marketing in the context of DBPs, which we discuss in this paper.

A creative approach to sustainability can be applied upon an organization's business model. We begin our research with the assumption that business model innovation that takes into account a triple bottom line approach will be more... more

A creative approach to sustainability can be applied upon an organization's business model. We begin our research with the assumption that business model innovation that takes into account a triple bottom line approach will be more sustainable over time. We focus our research on the conceptual stage when business model ideas are generated, and more precisely its creative tools. Our goal is to support, with a structured canvas, organizations whom wish to innovate upon their current business model and create concepts of more sustainable business models. In this paper, we present and discuss the tool we have named the "Triple layered business model canvas". We endeavoured to ensure that business models create, deliver and capture multiple forms of value by adding a second layer with nine environmental elements that follow a lifecycle approach, and by adding a third layer with nine social elements that follow a stakeholder approach. We share this new triple layered business model canvas and exemplify its use with a Nespresso case. In the end, we find new dynamics for analysis and new relationships for innovation. We conclude with limits and future research for more sustainable business model patterns.

Business Model Innovation is attracting more and more attention from business as well as from academics. Business Model Innovation deals with both technological and knowledge related changes that either may disrupt or sustain existing... more

Business Model Innovation is attracting more and more attention from business as well as from academics. Business Model Innovation deals with both technological and knowledge related changes that either may disrupt or sustain existing product/market strategies. Timing of Business Model Innovation both with regard to the right moment as well as speed of implementing competitive concepts becomes crucial. In this conceptual paper we discuss and evaluate possibilities for shortening the lead-time and increasing impact of Business Model Innovation aiming at low-end and new market disruptions. We are building our discussion on recent findings and identifying anomalies for further research by reflecting on exemplary business design cases.

Electric vehicle (EV) adoption is growing worldwide with increasing market pull from consumers and market push from manufacturers of vehicles and charging equipment, as well as others in the supply chain. Governments have begun developing... more

Electric vehicle (EV) adoption is growing worldwide with increasing market pull from consumers and market push from manufacturers of vehicles and charging equipment, as well as others in the supply chain. Governments have begun developing policies to support EV uptake and local governments, in particular, are examining what role they should play. In Australia, a large country with low population density, EV uptake has been slower in comparison to other similar economies. This paper discusses the status of EV charging infrastructure deployment in Australia with regards to local governments, by considering the extent to which they are relied upon for the deployment of such technology and what motivates them to act. It also covers the work undertaken by the authors with one local government in developing an EV charging infrastructure business
model that will help the local community adopt and benefit from EVs. An applied use of the business canvas methodology adapted to suit local government interests is presented to assess the risks and benefits that different business models offer. The paper offers insights into the strategic and pragmatic responsibilities local governments balance in seeking to expand the EV charging infrastructure in their jurisdiction.

This case aims to discuss the development of a peer-to-peer car sharing company in Brazil and was developed as a basis for discussions in the classroom about the process of opportunity identification, business model development and... more

This case aims to discuss the development of a peer-to-peer car sharing company in Brazil and was developed as a basis for discussions in the classroom about the process of opportunity identification, business model development and entrepreneurship.

The paper presents the concept of cooperative business models in steel enterprises in Poland. The starting point is the presentation of the concept of business models, which is defi ned as a way of doing business based on cooperation... more

The paper presents the concept of cooperative business models in steel enterprises in Poland. The starting point is the presentation of the concept of business models, which is defi ned as a way of doing business based on cooperation between enterprises. This paper presents two collaborative business models, namely outsourcing and alliance networks, comparing the theoretical assumptions with the results of research carried out in steel enterprises in Po-land.

Innovation can be described as the application of new ideas, devices or processes which in business is most often seen as a catalyst to growth. The sources of innovation are many, however recent attention has focussed on the role of... more

Innovation can be described as the application of new ideas, devices or processes which in business is most often seen as a catalyst to growth. The sources of innovation are many, however recent attention has focussed on the role of social and environmental drivers. This in turn has led to the notion of 'responsible innovation' which demands the consideration of ethical and social aspects during innovation processes as a means to lead not only to technological innovations which are socially acceptable but also socially desirable. Whilst the development of responsible innovation is welcome, we suggest that the concept has predominantly been applied from a technocentric perspective at the level of product and service thus maintaining the current paradigm that business's primary role is to create economic value through profit. We argue that truly responsible innovation takes place at the level of the business model itself as a means to reconceptualize the fundamental role o...

Purpose: To situate sustainability within research and practice on long-term business strategy. We do this through the concept of business models and explore how firms in an industry adopt environmental sustainability in their strategies.... more

Purpose: To situate sustainability within research and practice on long-term business strategy. We do this through the concept of business models and explore how firms in an industry adopt environmental sustainability in their strategies. Design/methodology/approach: We discuss recent research on business models and relate it to the context of the global wine industry. Through the lens of one national industry, we explore the concept of sustainable business models and how firms can adapt their valuecreating business models to address key threats and opportunities. Findings: We present some parameters for firm and industry level strategic options and choice. We identify a number of theoretical issues of definition to be resolved and find that, whilst sustainable winegrowing might provide a new focus at an industry level, it remains

TELOS no comparte necesariamente las opiniones vertidas en los artículos firmados, que expresan, como es obvio, la posición de sus autores. La Revista TELOS está incluida en los índices internacionales y nacionales, Latindex, E-Revistas y... more

TELOS no comparte necesariamente las opiniones vertidas en los artículos firmados, que expresan, como es obvio, la posición de sus autores. La Revista TELOS está incluida en los índices internacionales y nacionales, Latindex, E-Revistas y RESH, Revistas Españolas de Ciencias Sociales (CSIC/CINDOC) y Europan Referente Index for the Humanities (ERIH).

Este artículo aborda el análisis de la situación y evolución de los contenidos y servicios de los sitios web de las emisoras españolas de radio con cobertura nacional y cómo éstas han afrontado el advenimiento de la tecnología digital y... more

Este artículo aborda el análisis de la situación y evolución de los contenidos y servicios de los sitios web de las emisoras españolas de radio con cobertura nacional y cómo éstas han afrontado el advenimiento de la tecnología digital y el nuevo entorno de Internet. La tecnología digital tiene un carácter transversal porque penetra en todas las estructuras de la industria de la radiodifusión en el camino hacia la Era Digital. Para el análisis se ha utilizado la metodología basado en una ficha descriptiva de variables donde se recoge la dimensión cuantitativa y cualitativa de las características de la muestra correspondiente a los sitios web de las emisoras de radio de cobertura nacional, a partir de las cuales hemos elaborado nuestras conclusiones.

Purpose – This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach – This briefing is prepared by an... more

Purpose – This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach – This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings – The competitive environment is improving, but the high levels of turbulence mean that an increasing number of media firms believe that they are adapting too slowly to change. Practical implications – The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations. Originality/value – The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

The paper discusses analytical applications of the business model canvas (BMC) formulated by Osterwalder & Pigneur [1]. From this model, a methodological tool was devised and used as part of an academic research project, in which the... more

The paper discusses analytical applications of the business model canvas (BMC) formulated by Osterwalder & Pigneur [1]. From this model, a methodological tool was devised and used as part of an academic research project, in which the categories (blocks) of the BMC were taken as conceptual categories and further processed through a failure mode and effects analysis (FMEA). The specifics of reversing the business model canvas are examined, since the model was conceived for entrepreneurs and not strictly for the analysis of pre-existing companies. The application of the tool was done within the multidisciplinary mixed methods (quantitative and qualitative) project 'Business dynamics of the audiovisual industry in Bogota', which was carried out from October 2017 to May 2019 at Manuela Beltran University in Bogota, Colombia. The methodological tool was applied to 32 key companies and four institutions of the local audiovisual industry through semi-structured interviews with people in managerial positions. The nine blocks of the BMC were conceptually developed to analyse the empirical data, holding them as internal variables. The assessment of the variables revealed opportunities for the growth and development of the companies and the whole industry, as well as patterns for the existing business models of the companies.

With the growing interest in cloud computing, more and more businesses are looking not only to migrate their applications to the cloud but also to transform them to better leverage capabilities that are provided by cloud platforms or to... more

With the growing interest in cloud computing, more and more businesses are looking not only to migrate their applications to the cloud but also to transform them to better leverage capabilities that are provided by cloud platforms or to enable new business models that are facilitated by the cloud. One problem clients face in this area is a lack of experience and knowledge as to how best to accomplish this transformation. We propose a Cloud Transformation Advisor (CTA) which helps users to select appropriate enablement patterns from a knowledge base of best practices when performing transformation planning. This knowledge base uses a structured representation to capture application information, cloud platform capability information, and enablement pattern information in order to facilitate pattern selection. We describe this representation and a mathematical model which leverages it to choose the "best" combination of patterns for a given transformation problem. We present an example which illustrates the approach, and describe the usage of the CTA.

Wellbeing is an organizing principle that ensures simultaneous flourishing of people and nature. It binds together an ethic of nature and ethics of people/community into a practical framework for creating integrated... more

Wellbeing is an organizing principle that ensures simultaneous flourishing of people and nature. It binds together an ethic of nature and ethics of people/community into a practical framework for creating integrated socio-ecological wellbeing. This paper discusses the theoretical and practical implications of this position and presents illus-trative cases of innovative wellbeing-oriented organizations, both business and social. The paper explains why we need wellbeing organizations anchored in the wellbeing economy movement. A concept of resilient wellbeing organization is presented and illustrated with working models of existing organizations attempting to live up to the wellbeing values and practices. The paper ends with some thought on regulatory ena-bling of wellbeing organizations and makes practical implications for policy makers and managers, and suggestions for further research

Leaders need to ensure that creativity and innovation occurs where is matters, is affordable and relevant and embraces innovation in a company's business model as situations and circumstances change and to address new challenges and... more

Leaders need to ensure that creativity and innovation occurs where is matters, is affordable and relevant and embraces innovation in a company's business model as situations and circumstances change and to address new challenges and opportunities. This article draws upon a paper and speech prepared for a plenary session on the first day of the Dubai Global Convention 2016 and 26th World Congress on Leadership for Business Excellence and Innovation organised by India's Institute of Directors. The citation is: Coulson-Thomas, Colin (2016), Leadership, Innovation and Business Growth, Management Services, Vol. 60 No. 2, Summer, pp 36-43

The literature on open innovation portrays open business models as a contemporary and extremely useful tool, which can be used by companies to create and capture value in collaboration with external partners. This paper takes the... more

The literature on open innovation portrays open business models as a contemporary and extremely useful tool, which can be used by companies to create and capture value in collaboration with external partners. This paper takes the discussion a step further by examining the effect of opening business models in the newspaper industry. Based on interviews with key informants from the two largest media groups in Denmark, together with archival data from 2002 to 2011, we show how the internet and related technology
developments have disrupted the long-standing successful business model of the industry. Our findings suggest that a more nuanced view and balanced understanding of the term ‘openness’ as regards business models is needed, since open business models may have other manifestations and implications for business model viability than have been reported in the literature so far

This exploratory paper analyses monetary and power relations between Facebook and news companies by investigating their web traffic sources, social sharing practices and content distribution on Facebook. The paper also seeks to determine... more

This exploratory paper analyses monetary and power relations between Facebook and news companies by investigating their web traffic sources, social sharing practices and content distribution on Facebook. The paper also seeks to determine the extent to which news companies’ revenue is derived from the platform. This is an ambitious task because news corporations don’t publish any social media related revenue. Similarly, constant tweaks on Facebook algorithms means that the data about news companies news sharing, traffic and potential revenue is constantly changing, and this may distort some findings. Four New Zealand media companies are used as case studies to examine the issue. Two of the companies are news publishers, one a broadcaster and one a digital start-up. The findings of the paper are primarily based on the quantitative analysis of web traffic and social sharing data. In general, academic and industry related reports have concluded that news publishers have become overly reliant on Facebook in terms of news distribution, audience attention and traffic. However, there are contradictory views about the nature and extent of this dependency, and this requires further evaluation.
Social media has become a popular research topic in academia, and the field of research is expanding. Researchers such as Christian Fuchs have extensively analysed social media companies in terms of audience commodification, monetisation and exploitation of digital labour. The Tow Center for Digital Journalism has also examined the power relations between Facebook and news publishers. However, this relationship requires in-depth empirical investigation especially in regard to social sharing and the monetisation of news content on Facebook.
To aid the analysis of relations between Facebook and news companies the concept of platform capitalism is utilised. Platforms make a profit by extraditing large amounts of data from their users and by operating as an intermediary between different user groups, and this business model allows them to control users and set rules for other participants on the platform. With the evidence gathered from the five case studies, the paper will consider the usefulness of the platform capitalism concept in understanding the monetary and power relations between news companies and Facebook.

Measuring creativity at a tertiary educational level has been problematic due to the diverse teaching and learning processes and programmes used in tertiary educational institutions. The objective of this research paper is to develop a... more

Measuring creativity at a tertiary educational level has been problematic due to the diverse teaching and learning processes and programmes used in tertiary educational institutions. The objective of this research paper is to develop a theoretical model to measure creativity on a tertiary education level to actively support the creative development of students. To develop this model, the experimental design included an extensive literature study of various creativity models in order to identify the constructs that influence the creativity of university students. A total of twenty-eight creativity influences were observed which ultimately culminated into the selection of the eleven most important influences which resulted in a theoretical model. This model is of great value because tertiary education is important in equipping graduates with creative skills to apply in the global and competitive business and social environments.

In the past, several frameworks have been introduced in which business model innovation was to be understood and practiced. Here we focus on the innovative potential brought by the modification of the business model in accordance to the... more

In the past, several frameworks have been introduced in which business model innovation was to be understood and practiced. Here we focus on the innovative potential brought by the modification of the business model in accordance to the essence of corporate social entrepreneurship. The conceptual model we are proposing does not aim at being a radical innovation but it tries to incrementally innovate the way in which traditional businesses are being conducted in a socially responsible manner by integrating corporate social entrepreneurship at any organizational level or throughout the supply chain so as to ensure business sustainability by taking into consideration all the stakeholders. Based on the business model canvas we bring together all the latest innovations concerning sustainability and responsibility such as hybrid value chain for customer value, the sustainable supply chain for supply management, social market matrix used for marketing strategy, etc. The purpose of CSE is to further organizational transformation for the benefit of the society. The main advantages that a business model innovation based on the principles of corporate social entrepreneurship brings to the companies are a greater orientation towards effectual thinking and an increased agility and resilience by allowing companies to alter their behavior and to become part of the background in which they usually operate and help develop it along with its own activities.

With the advent of the Fourth Industrial Revolution, businesses are adapting to the use of digitalisation which requires the digital transformation of their existing business models. However, there is limited empirical research on this... more

With the advent of the Fourth Industrial Revolution, businesses are adapting to the use of digitalisation which requires the digital transformation of their existing business models. However, there is limited empirical research on this phenomenon. The purpose of this study is twofold: (i) to develop a framework for businesses to digitally transform their business models and (ii) to examine literature in order to identify and analyse the constructs underlying the three concepts of Digitalisation, Digital Transformation and Business Model Innovation. The study is qualitative in nature and is based on a narrative review. Relevant articles were identified by using international bibliographic databases and scrutinised using thematic analysis. The findings reveal that the first two constructs require digital capabilities and a digital strategy. The third construct requires digital transformation in the realm of customer-centricity, resources, processes and profit. A set of propositions wa...

Zmiienność będąca wyróżnikiem współczesnego świata kształtuje obraz dzisiejszego biznesu. Zmienność głównie jest związana z ciągle występującą dynamiką zmian rynko - wych. Jako że rynkiem, w którym odbywa się prowadzenie biznesu jest... more

Zmiienność będąca wyróżnikiem współczesnego świata kształtuje obraz dzisiejszego
biznesu. Zmienność głównie jest związana z ciągle występującą dynamiką zmian rynko
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wych. Jako że rynkiem, w którym odbywa się prowadzenie biznesu jest środowisko siecio
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we, stąd owa dynamika kreowana jest właśnie przez sieć. Dynamika modeli biznesu jest
zdeterminowana oddziaływaniem sieci na przedsiębiorstwa oraz przedsiębiorstw na sieć.
W każdym przypadku następuje wymiana energii między siecią a przedsiębiorstwami.
Celem artykułu jest omówienie kluczowym zagadnień związanych z wykorzystaniem
dynamiki sieci oraz dynamiki modeli biznesu do podnoszenia efektywności przedsiębiorstw.
Autor stawia tezę, iż łączne wykorzystanie dynamiki sieci oraz dynamiki modelu bizne
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su zwiększa szanse przedsiębiorstwa osadzonego w sieci na osiągnięcie przez nie wysokiej
efektywności. Artykuł został napisany z uwzględnieniem ujęcia interpretatywnego.

This article is an attempt to determine the possibilities and opportunities for im- plementation of the developmental strategy with the use of the model of franchise cooperation in the pharmaceutical market. In her research, the author... more

This article is an attempt to determine the possibilities and opportunities for im- plementation of the developmental strategy with the use of the model of franchise cooperation in the pharmaceutical market. In her research, the author used the desk research method and, in particular, the analysis of industry’s data. She presented the degree of development of franchise ties in the pharmacy market in Poland. There are also indicated the determinants of the use of franchise in the pharmacy market in Poland. Next, the author carried out conclusion-drawing relating to the perspectives of development of the market in question in Poland with a particular consideration of franchise ties taking place in it. The article is characterised with practical and social implications as regards extending the knowledge of the possibilities to use franchise in the pharmaceutical industry.

Organisations operate in an increasingly dynamic environment. Consequently, the business models span several organisations, dealing with multiple stakeholders and their competing interests. As a result, the enterprise information systems... more

Organisations operate in an increasingly dynamic environment. Consequently, the business models span several organisations, dealing with multiple stakeholders and their competing interests. As a result, the enterprise information systems supporting this new market setting are highly distributed, and their components are owned and managed by different stakeholders. For successful businesses to exist it is crucial that their enterprise architectures are derived from and aligned with viable business models. Business model ontologies (BMOs) are effective tools for designing and evaluating business models. However, the viability perspective has been largely neglected. In this paper, current BMOs have been assessed on their capabilities to support the design and evaluation of viable business models. As such, a list of criteria is derived from literature to evaluate BMOs from a viability perspective. These criteria are subsequently applied to six well-established BMOs, to identify a BMO best suited for design and evaluation of viable business models. The analysis reveals that, although none of the BMOs satisfy all the criteria, e3-value is the most appropriate BMO for designing and evaluating business models from a viability perspective. Furthermore, the identified deficits provide clear areas for enhancing the assessed BMOs from a viability perspective."

Purpose: To develop a transdisciplinary approach called eco-business modelling. Design/Methodology/Approach: The first step is an analysis of the ways triple bottom line and circular economy emplotments have colonized and co-opted the... more

Purpose: To develop a transdisciplinary approach called eco-business modelling. Design/Methodology/Approach: The first step is an analysis of the ways triple bottom line and circular economy emplotments have colonized and co-opted the United Nations and European Union Agenda 2030 initiatives by privileging business-as-usual scenarios. The second step is to construct a storytelling approach model to business modelling. The third step is to propose a ‘self-correcting’ storytelling science method to make the transition from the contemporary business-as-usual model to eco-business modelling. Findings: The challenge is to create comprehensive ecological business models that foster worstcase and best case scenario comparisons with status quo business-as-usual. Originality Value: We propose that business modelling is about storytelling, making ‘bets on the future’ scenarios, and we propose a ‘five worlds of storytelling model’ business modelling. Research Implications: The contribution is ...

With applications ranging from object recognition to spatial navigation, computer vision has become a key feature of most contemporary infrastructures. Compared to facial recognition and other techniques of surveillance, privacy-oriented... more

With applications ranging from object recognition to spatial navigation, computer vision has become a key feature of most contemporary infrastructures. Compared to facial recognition and other techniques of surveillance, privacy-oriented messaging app Snapchat might seem like a fairly banal implementation of this technology; yet, such commodified services have become a key framework through which information is not only captured, classified, and monetized, but also mobilized around a specific vision for the future of infrastructure. The logic governing how Snapchat’s modes of vision prioritize, capture, and make visible the objects and subjects with which it engages might be quite opaque, but three key devices – or technologies of the future as they are framed in this text – offer a privileged perspective on the infrastructure behind the app: Snapchat’s business plans, patents, and functions. While many media theorists situate computer vision within a larger techno-cultural obsession with identifying and classifying people, this article will attempt to complement this body of work by using these devices to highlight the promissory logic embedded in computer vision. By illuminating how visibility, visuality, and vision are conceived and operationalized by the infrastructure supporting apps like Snapchat, these devices shed light on how infrastructure is conceived and constructed as both a real and imaginary space where different futures can be disclosed and enacted. The infrastructure of vision that results, this text agues, necessarily functions as an infrastructure for a vision by making certain futures more visible than others, thus reframing vision as the site where economic interests, media habits, and practices of data capture are both amplified and distorted.

In markets with high levels of financial exclusion, actors in the financial system, financial service providers (FSPs), consumers, providers of financial system infrastructure and other market supporting functions, regulators and other... more

In markets with high levels of financial exclusion, actors in the financial system, financial service providers (FSPs), consumers, providers of financial system infrastructure and other market supporting functions, regulators and other policy makers, often face capacity limitations. These include insufficient or inexperienced staff, lack of knowledge or understanding of the market, and limited financial literacy. Building sustainable and inclusive financial markets will require building the capacity of these actors. Funders that work to promote financial inclusion can play a very useful role in tackling capacity challenges, particularly if they provide support in a way that facilitates the development of a capacity building services market. This approach can benefit the whole financial market as opposed to the more common approach of providing direct support to one or a few actors in the market. This focus note builds on the ideas discussed in ‘facilitating market development to adv...

This article focuses on companies that operate in the integrated waste management cycle and implement the principles of circular economy. These promotes the well-known "waste hierarchy", aimed at encouraging a more efficient use... more

This article focuses on companies that operate in the integrated waste management cycle and implement the principles of circular economy. These promotes the well-known "waste hierarchy", aimed at encouraging a more efficient use of waste, by transforming them into resources that can be re-introduced in the economic system as "secondary raw materials". In this context, the article presents the case-study of Revet group, a government-controlled company amongst the Italian national best practices for circular economy. It highlights the different elements that make up the company's business model, it,analyses its performance and outlines management implications for other companies operating in the same sector. The analysis shows that Revet group business model is based on virtuous industrial circuits of materials valorisation; area regional action; good financial performance even by public entities.

Two opposing theories have been proposed to explain competitive advantage of firms. First, the market-based view (MBV) is focused on product or market positions and competition while second, the resource-based view (RBV) aims at... more

Two opposing theories have been proposed to explain competitive advantage of firms. First, the market-based view (MBV) is focused on product or market positions and competition while second, the resource-based view (RBV) aims at explaining success by inwardly looking at unique resources and capabilities of a firm. Research has been struggling to distinguish impacts of these theories for illuminating performance. Business models are seen as an important concept to systemize the business and value creation logic of firms by defining different core components. Thus, this paper tries to assess associations between these components and MBV or RBV perspectives by applying content analysis. Two of the business model components were found to have strong links with the MBV while three of them showed indications of their roots lying in the resource-based perspective. These results are discussed and theorized in a final step by suggesting frameworks of the corresponding perspectives for further explaining competitive advantage. less

KidZania w managers had enjoyed the success of the company since its creation, and their business model had been very innovative. Nevertheless, the future of the company, as it was projected, would continue the same trend: upward. The... more

KidZania w managers had enjoyed the success of the company since its creation, and their business model had been very innovative. Nevertheless, the future of the company, as it was projected, would continue the same trend: upward. The managers were worried since the life cycle of their business was starting in a very mature industry and they did not know how the market would react, and how they could minimize the risk for the company. The managers wanted to know what could be the most likely future of this new edutainment[1] business model?

Supplier selection plays a vital role in the process of product development. The purpose of this research is to integrate the state of the art Web technologies with business theories to establish a Web-based distributed environment for... more

Supplier selection plays a vital role in the process of product development. The purpose of this research is to integrate the state of the art Web technologies with business theories to establish a Web-based distributed environment for supplier selection. A Web Services-oriented multipossibility supplier selection system has been developed, which helps manufacturers to make decisions for selecting supplier more effectively and accurately. The business theories and analytic hierarchy process approach have been applied in combination with Web Services and J2EE Technology in the system. In this paper, a brief review of the current supplier selection issues are addressed first, followed by the presentation of the methodologies employed and description of the system structure and main features, an example is given in the end.

Who is your customer? What does the customer value? How do you deliver value to customers at an appropriate cost? Business models that focus on the who, what, and how to clarify managerial choices and their consequences underpin the... more

Who is your customer? What does the customer value? How do you deliver value to customers at an appropriate cost? Business models that focus on the who, what, and how to clarify managerial choices and their consequences underpin the operations of successful organizations.

The telecommunications industry is undergoing a radical transformation, creating exciting new opportunities and new challenges for infrastructure and service providers. The established value chain is increasingly being deconstructed, with... more

The telecommunications industry is undergoing a radical transformation, creating exciting new opportunities and new challenges for infrastructure and service providers. The established value chain is increasingly being deconstructed, with the entry of powerful new players and radical restructuring of the industry. Rapid technological developments and increasing market turbulences have added new dimensions to an already complex scenario. Many tested business models, as well as related frameworks, tools and techniques, have become obsolete. In this paper, we use recent evidence to illustrate the evolving telecommunications value chains and market structure, examine the underlying theoretical and practical reasons for suc h changes, and highlight the strategic implications for the various players involved. The paper concludes that some of the current changes in the telecommunications market are very radical, and all players need to re-evaluate their market positions and make hard decisions as to where to go next. The value chains are rapidly evolving into value networks, with multiple entry and exit points, creating enormous complexity for all the players involved. Further research is clearly needed to map out the telecommunications value chains and value networks that are possible in the context of the new economy; identify the different players and the possible strategies and business models that they can adopt; develop new conceptual frameworks for understanding the current changes in the telecommunications and related industries; and create new tools and techniques for identifying opportunities and threats and for making new strategies.

The design thinking concept emphasizes the actual activity of solving problems with a design approach, associating it to the designer's knowledge and competence instead of the intimate link between design and the physical object. Yet... more

The design thinking concept emphasizes the actual activity of solving problems with a design approach, associating it to the designer's knowledge and competence instead of the intimate link between design and the physical object. Yet design consultancies still have problems charging for intangible components in their offerings and for the role of strategic consultants. We argue that the design thinking concept is in line with a service-dominant logic rather than a goods-dominant logic, and that this approach can be the basis for communicating the value of design to clients. The problem faced by industrial design consultancies is not unique and hence the findings can contribute to other industries undergoing a shift from a focus on products towards enabling service.

This descriptive case study discusses the evolution of TOMS, one of the world's most famous 'double bottom line' companies, in terms of narratives and corporate social responsibility practices. This paper also discusses the company's... more

This descriptive case study discusses the evolution of TOMS, one of the world's most famous 'double bottom line' companies, in terms of narratives and corporate social responsibility practices. This paper also discusses the company's crisis-response strategy and management after the company's model, referred to as One-for-one model, has been widely criticised by media following the study conducted by an outside research team. The work also aims to point out the dynamics of the competing and contrasting narratives from various stakeholders such as media outlets and outside researchers to provide an in-depth account of the various events that affected the narrative turns of the company narratives.

A widespread adoption of distributed generation (DG) technologies in energy systems can play a key role in creating clean, reliable energy and support the targets of emission reduction. A transition from current modes of production to a... more

A widespread adoption of distributed generation (DG) technologies in energy systems can play a key role in creating clean, reliable energy and support the targets of emission reduction. A transition from current modes of production to a significant deployment of renewable energy technologies can fundamentally affect the structure of the industry and change the way energy is produced, transmitted and sold. The current paper provides an extended review of the socio-technical configurations of micro-generation based on journal publications and reports during the 21st century. The paper analyses currently existing and missing configurations and discusses technology and policy implications to support proliferation of micro-generation technology and local energy production from renewable sources. The potential for new configurations can be found particularly in heat producing micro-generation with solar heat, heat pumps, and biomass. Developing further the operations and maintenance of distributed generation technologies and business models appears an area that calls for further innovation, and corresponding innovation policy measures. Third party service and community-driven deployment models can aide the proliferation of distributed generation and further innovation therein, justifying the introduction of feed-in-tariffs to attract such models during their early diffusion.

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