In this study we will try to clarify the explanation of modeling and measuring 'Business Values', as it is defined in business context, in the business processes of a company and introduce different methods and select the one which is best for modeling the company's business values. These methods have been used by researchers in business analytics and senior managers of many companies. The focus in this project is business value detection and modeling. The basis of this research is on BPM...
Lundgaard, Morten Raahauge; Ma, Zheng; Jørgensen, Bo Nørregaard
This paper tries to investigate the ecosystem based business model in a smart grid infrastructure and the potential of value capture in the highly complex macro infrastructure such as smart grid. This paper proposes an alternative perspective to study the smart grid business ecosystem to support the infrastructural challenges, such as the interoperability of business components for smart grid. So far little research has explored the business ecosystem in the smart grid concept. The study on t...
Hashemi Nekoo, Ali Reza; Ashourizadeh, Shayegheh; Zarei, Behrouz
is going to propose e-business model ontology from the network point of view and its application in real world. The suggested ontology for network-based businesses is composed of individuals` characteristics and what kind of resources they own. also, their connections and pre-conceptions of connections...... such as shared-mental model and trust. However, it mostly covers previous business model elements. To confirm the applicability of this ontology, it has been implemented in business angel network and showed how it works....
Lundgaard, Morten Raahauge; Ma, Zheng; Jørgensen, Bo Nørregaard
This paper tries to investigate the ecosystem based business model in a smart grid infrastructure and the potential of value capture in the highly complex macro infrastructure such as smart grid. This paper proposes an alternative perspective to study the smart grid business ecosystem to support...... the infrastructural challenges, such as the interoperability of business components for smart grid. So far little research has explored the business ecosystem in the smart grid concept. The study on the smart grid with the theory of business ecosystem may open opportunities to understand market...... catalysts. This study contributes an understanding of business ecosystem applicable for smart grid. Smart grid infrastructure is an intricate business ecosystem, which have several intentions to deliver the value proposition and what it should be. The findings help to identify and capture value from markets....
Chae, Johannes Sang-Un; Hedman, Jonas
Purpose: The purpose of the paper is to develop a business model framework for NFC based mobile payment solutions consisting of four mutually interdepended components: the value service, value network, value architecture, and value finance. Design: Using a comparative case study method, the paper...... from multiple stakeholders and the creation of an ecosystem. Furthermore, they focus on the scalability of their value propositions. Originality / value: The paper offers an applicable business model framework that allows practitioners and academics to study current and future mobile payment approaches....
Johannes Sang Un Chae
Full Text Available Purpose: The purpose of the paper is to develop a business model framework for NFC based mobile payment solutions consisting of four mutually interdepended components: the value service, value network, value architecture, and value finance. Design: Using a comparative case study method, the paper investigates Google Wallet and ISIS Mobile Wallet and their underlying business models. Findings: Google Wallet and ISIS Mobile Wallet are focusing on providing an enhanced customer experience with their mobile wallet through a multifaceted value proposition. The delivery of its offering requires cooperation from multiple stakeholders and the creation of an ecosystem. Furthermore, they focus on the scalability of their value propositions. Originality / value: The paper offers an applicable business model framework that allows practitioners and academics to study current and future mobile payment approaches.
The New Global Business model (NEWGIBM) book describes the background, theory references, case studies, results and learning imparted by the NEWGIBM project, which is supported by ICT, to a research group during the period from 2005-2011. The book is a result of the efforts and the collaborative ...... NEWGIBM Cases Show? The Strategy Concept in Light of the Increased Importance of Innovative Business Models Successful Implementation of Global BM Innovation Globalisation Of ICT Based Business Models: Today And In 2020......The New Global Business model (NEWGIBM) book describes the background, theory references, case studies, results and learning imparted by the NEWGIBM project, which is supported by ICT, to a research group during the period from 2005-2011. The book is a result of the efforts and the collaborative...... NEWGIBM book serves as a part of the final evaluation and documentation of the NEWGIBM project and is supported by results from the following projects: M-commerce, Global Innovation, Global Ebusiness & M-commerce, The Blue Ocean project, International Center for Innovation and Women in Business, NEFFICS...
Skersys, Tomas; Butleris, Rimantas; Kapocius, Kestutis
Approaches for the analysis and specification of business vocabularies and rules are very relevant topics in both Business Process Management and Information Systems Development disciplines. However, in common practice of Information Systems Development, the Business modeling activities still are of mostly empiric nature. In this paper, basic aspects of the approach for business vocabularies' semi-automated extraction from business process models are presented. The approach is based on novel business modeling-level OMG standards "Business Process Model and Notation" (BPMN) and "Semantics for Business Vocabularies and Business Rules" (SBVR), thus contributing to OMG's vision about Model-Driven Architecture (MDA) and to model-driven development in general.
Casadesus-Masanell, Ramon; Zhu, Feng
This paper provides the first formal model of business model innovation. Our analysis focuses on sponsor-based business model innovations where a firm monetizes its product through sponsors rather than setting prices to its customer base. We analyze strategic interactions between an innovative entrant and an incumbent where the incumbent may imitate the entrant's business model innovation once it is revealed. The results suggest that an entrant needs to strategically choose whether to reveal ...
Lide Xu; Jianguo Chen
This paper introduces a trend in management research recently, which is attempting to adopt a design scienceapproach when solving the relevance problem of academic management research. Building on the relatedliterature in design science we propose an exploratory framework based on technological rules for the research inthe field of business models and give a detail of the constructing factors for a business model. We then analyzethe fitness between a business model and its external environmen...
Sandberg, Erik; Kihlén, Tobias; Abrahamsson, Mats
In companies where excellence in logistics is decisive for the outperformance of competitors and logistics has an outspoken role for the strategy of the firm, there is present what we refer to here as a “logistics-based business model.” Based on a multiple case study of three Nordic retail companies, the purpose of this article is to explore the characteristics of such a logistics-based business model. As such, this research helps to provide structure to logistics-based business models and id...
Objectives of the study This research paper sets out to examine interest-based social networking services and the underlying business models that provide the logic for value creation, delivery, and capture. The objective of this paper is to uncover the common characteristics of interest-based social networking services' business models in order to understand the necessary building blocks that need to be present for a new service to function properly. Furthermore, it aims at giving manager...
Toshio Kodama; Tosiyasu L. Kunii; Yoichi Seki
A cellular model based on the Incrementally Modular Abstraction Hierarchy (IMAH) is a novel model that can represent the architecture of and changes in cyberworlds, preserving invariants from a general level to a specific one. We have developed a data processing system called the Cellular Data System (CDS). In the development of business applications, you can prevent combinatorial explosion in the process of business design and testing by using CDS. In this paper, we have first designed and implemented wide-use algebra on the presentation level. Next, we have developed and verified the effectiveness of two general business applications using CDS: 1) a customer information management system, and 2) an estimate system.
Vadim Dumitrascu; Roxana Arabela Dumitrascu
The harmonization of profitability and social responsibility is possible under the adoption and practice conditions by the companies of some adequate business models. “Responsible profitability” must benefit as well of management tools that guide the business sequentially, based on some objective decision making criteria towards sustainable economic behaviors. The simultaneous increase of the specific economic over-value generated by social responsible investment (SRI) project and responsible...
Alami Marrouni Oussama
Full Text Available Global economy is undergoing a recession phase that had made competition tougher and imposed new business framework. Businesses have to shift from the classical management approaches to an Intelligent Project Based Organization (IPBO model that provides flexibility and agility. IPBO model is intended to reinforce the proven advantages of Project Based Organization (PBO by the use of suitable Enterprise Intelligence (EI Systems. The goal of this paper is to propose an IPBO model that combines benefits of PBO and EI and helps overcoming their pitfalls
Ravn, Jacob; Kroghstrup Nielsen, Martin; Lindgren, Peter
Through innovation of products, process and business models targeting the needs of 4 billion poor people living at "the base of pyramid" (BoP) (Prahalad & Hart 2002) in developing countries the private sector can actively support poverty alleviation and at the same time reach new untouched market...... countries seems to show up in the literature: The technological line - exemplified by the - exemplified by the Life Straw business model - a high tech "straw" consisting of 12 chemical filters to purify water - an example of technology driven innovation to meet the BoP demands for clean water (Kandachar...
E-logistics is the base structure of the global model of e-business. First of all, it supports positioning of businesses in the global work division. E-logistic and the business model based on e-logistics, support customer value creation through establishing streamlining business processes, which create value. This paper exploits not only global business model of e-logistic but also analysis tools for determination its financial perspective. We believed, at the time, that the business model e...
ZENG Qingfeng; HUANG Lihua
E-business will change the ways that all companies do business, and most traditional businesses will evolve from their current business model to a combination of place and space via e-business model To choose the proper e-business model becomes the important strategic concern for company to succeed The main objective of this paper is to investigate the analysis framework for identifying e-business model Based on the e-business process, from the value chain to the value net perspective. This paper provides a theoretical framework for identifying e-business models, and results in 11 e-business models. The strategic intend of every e-business model is discussed in the end of this paper. An enterprise e-business model design and implementation can be specified by the combination of one or more among 11 e-business models.
Full Text Available The harmonization of profitability and social responsibility is possible under the adoption and practice conditions by the companies of some adequate business models. “Responsible profitability” must benefit as well of management tools that guide the business sequentially, based on some objective decision making criteria towards sustainable economic behaviors. The simultaneous increase of the specific economic over-value generated by social responsible investment (SRI project and responsible intensity of economic employment reflects the company’s strong subscription to the authentic sustainable development path.
The NASDAQ crash in April 2000 and the widespread stock market upheavals seem to question the success of the Internet economy. Alongside spectacular failures of dotcomes such as boo.com and webvan.com, however, there are also very on successful e-businesses such as eBay. In this paper, key results of empirical studies on critical success factors of Internet-based business models are presented and discussed. Because of several research limitations and the premature stage of development of e-bu...
Yoon-Young Chun; Kun-Mo Lee
The need to transition to a more sustainable economy is one of the most significant challenges society has ever faced. Despite the evidence that adopting a more sustainable business model is linked to more stable profits, many conventional manufacturers do not know where to begin. This study aims to identify generic business strategies that conventional manufacturers can use to improve their business models and thus be more sustainable and/or develop new sustainable business models. In order ...
Cavalcante, Sergio Andre
The aim of this paper is to base organisational change on the firm's business model, an approach that research has only recently start to address. This study adopts a process-based perspective on business models and insights from a variety of theories as the basis for the development of ideas on...... the design of business model change. This paper offers a new, process-based strategic analytical artefact for the design of business model change, consisting of three main phases. Designing business model change as suggested in this paper allows ex ante analysis of alternative scenarios of change in a...
Flak, Olaf; Pyszka, Adrian
CSR is a new trend in doing business. Therefore the main goal of this article was to prove that social entrepreneurship and activities in Corporate Social Responsibility provide a new way for creating innovative strategies inside and outside organization (close and open innovations). This is a new innovative CSR-driven business model going beyond traditional management and economic thinking.
Cavalcante, Sergio Andre
This thesis is an exploratory study on business model dynamics, i.e. how a firm’s business model changes over time, at both the abstract and performative levels. A central idea of the study is that it is important to abstract the effect of change initiatives on a company in order to better...... understand how these changes might affect the company’s business model in practice. The thesis consists of a collection of five papers written during the period 2008-2011, and represents the conjoint result of both theoretical and empirical research (case studies). The thesis is organized in three parts...
YAN Zhi-jun; GAN Ren-chu
In order to provide a quantitative analysis and verification method for activity diagrams based business process modeling, a formal definition of activity diagrams is introduced. And the basic requirements for activity diagrams based business process models are proposed. Furthermore, the standardized transformation technique between business process models and basic Petri nets is presented and the analysis method for the soundness and well-structured properties of business processes is introduced.
Web 2.0 offers business organizations an array of new ways to interact with customers and partners. Web 2.0 is continuously evolving and offers new business models and support business processes, customer relationship management, and partner relationship management. This study reviews some of the major business applications of Web 2.0, and identifies Web 2.0-based business models. Six emerging Web 2.0-based business models were identified: (1) Broad Online Community, (2) Focused Online Commun...
Full Text Available From a macro level, cloud computing is gathering all the distributed resources originally, and then provided them as a service to the users. Current research focuses the cloud architecture and local small-scale grid computing mainly. The researchers are ignoring to provide a channel to help users to understand the business processes of the entire platform. This article focuses the communication and business links and abstracts them into business processes behaviors. At the same time, this article provides a modeling method to help these behaviors being visual depiction at the initial design of the cloud computing. We combine the SOA architecture and cloud computing together. At last the transferring and the dynamic processing of the service\\data of the business processes can be shown to the stakeholders to verify whether the cloud platform was meeting their requirements which are regarded as simulation of cloud services.
The thesis covers the phenomenon of business model innovation. It provides with theoretical background of the concept based on the works of several scientists who stand at the beginnings of the discipline. The paper also introduces the principles of design thinking applied to business model innovation in order to get superior results and serve as a guideline for ideation processes and presenting enhancements to existing business models. The practical part is devoted to applying the described ...
O. P. Rishi
Full Text Available In today's rapidly changing environment the industries areinterested in executing business functions that has scope inmultiple applications. Business dynamics and technologicalinnovations have felt organizations to comply with adisparate mix of operating systems, applications anddatabases. This makes it difficult, time-consuming and costlyfor IT departments to deliver new applications that integrateheterogeneous technologies. It demands high interoperabilityand more flexible and adaptive business processmanagement. The inclination is to have systems assembled,from a loosely coupled collection of Web services, which areuniversal and integrated. This technical area appears tohave scope where the Agent Technology can be exploitedwith significant advantages. With Service OrientedArchitecture a decomposable architecture, and associatedset of development and IT management disciplines,composed of loosely coupled services communicating viapre-established protocols, these services can be assembledad-hoc to form customized applications that address a widevariety of business requirements.In the present paper, we propose a conceptual frameworkfor agent-based Service Oriented Architecture (SOA. Inwhich we try to integrate Service Oriented Architecture withthe agent technology & other tactical technologies like webservices, business workflow services, Business meta-rules,search optimization of services and semantic Webtechnology for business service mappings.
"Business model" was one of the great buzz-words of the Internet boom. A company didn't need a strategy, a special competence, or even any customers--all it needed was a Web-based business model that promised wild profits in some distant, ill-defined future. Many people--investors, entrepreneurs, and executives alike--fell for the fantasy and got burned. And as the inevitable counterreaction played out, the concept of the business model fell out of fashion nearly as quickly as the .com appendage itself. That's a shame. As Joan Magretta explains, a good business model remains essential to every successful organization, whether it's a new venture or an established player. To help managers apply the concept successfully, she defines what a business model is and how it complements a smart competitive strategy. Business models are, at heart, stories that explain how enterprises work. Like a good story, a robust business model contains precisely delineated characters, plausible motivations, and a plot that turns on an insight about value. It answers certain questions: Who is the customer? How do we make money? What underlying economic logic explains how we can deliver value to customers at an appropriate cost? Every viable organization is built on a sound business model, but a business model isn't a strategy, even though many people use the terms interchangeably. Business models describe, as a system, how the pieces of a business fit together. But they don't factor in one critical dimension of performance: competition. That's the job of strategy. Illustrated with examples from companies like American Express, EuroDisney, WalMart, and Dell Computer, this article clarifies the concepts of business models and strategy, which are fundamental to every company's performance. PMID:12024761
Poláková Jana; Koláčková G.; Tichá I.
Business modelling facilitates the understanding of value creation logic in organizations in general. Identifying the components of business models based on different criteria helps understanding the fundamentals of business and the position of entrepreneurs and managers in companies. The present research is focused on the definition of a specific business model for the Czech agribusiness sector. Based on the theoretical background and evaluation of selected business models, the aim is to cre...
Miniati, R; Cecconi, G; Dori, F; Frosini, F; Iadanza, E; Biffi Gentili, G; Niccolini, F; Gusinu, R
Clinical activities can be seen as results of precise and defined events' succession where every single phase is characterized by a waiting time which includes working duration and possible delay. Technology makes part of this process. For a proper business continuity management, planning the minimum number of devices according to the working load only is not enough. A risk analysis on the whole process should be carried out in order to define which interventions and extra purchase have to be made. Markov models and reliability engineering approaches can be used for evaluating the possible interventions and to protect the whole system from technology failures. The following paper reports a case study on the application of the proposed integrated model, including risk analysis approach and queuing theory model, for defining the proper number of device which are essential to guarantee medical activity and comply the business continuity management requirements in hospitals. PMID:24109839
Full Text Available Nowadays, business interoperability is one of the key factors for assuring competitive advantage for the participant business partners. In order to implement business cooperation, scalable, distributed and portable collaborative systems have to be implemented. This article presents some of the mostly used technologies in this field. Furthermore, it presents a software application architecture based on Business Process Modeling Notation standard and automated semantic web service coupling for modeling business flow in a collaborative manner. The main business processes will be represented in a single, hierarchic flow diagram. Each element of the diagram will represent calls to semantic web services. The business logic (the business rules and constraints will be structured with the help of OWL (Ontology Web Language. Moreover, OWL will also be used to create the semantic web service specifications.
Dodgson, Mark; Gann, David; Phillips, Nelson; Massa, Lorenzo; Tucci, Christopher
The chapter offers a broad review of the literature at the nexus between Business Models and innovation studies, and examines the notion of Business Model Innovation in three different situations: Business Model Design in newly formed organizations, Business Model Reconfiguration in incumbent firms, and Business Model Innovation in the broad context of sustainability. Tools and perspectives to make sense of Business Models and support managers and entrepreneurs in dealing with Business Model ...
Logistics is increasingly becoming recognised as a source of competitive advantage, both in practice and in academia. The possible strategic impact of logistics makes it important to gain deeper insight into the role of logistics in the strategy of the firm. There is however a considerable research gap between the quite abstract strategy theory and logistics research. A possible tool to use in bridging this gap is identified in business model research. Therefore, the purpose of this dissertat...
Waldner, Florian; Poetz, Marion
Successfully adapting existing business models or developing new ones significantly influences a firm?s ability to generate profits and develop competitive advantages. However, business model innovation is perceived as a complex, risky and uncertain process and its success strongly depends on...... whether or not firms are capable of understanding and addressing their customers? needs. This study explores how crowdsourcing-based search approaches can contribute to the process of business model innovation. Drawing on data from a crowdsourcing initiative designed to develop ideas for new business...... models in the podcast industry, we provide first exploratory insights into the value of crowdsourcing for innovating a firm?s business model, and discuss which characteristics of crowd-contributors increase the quantity and quality of the outcome....
Dragan Cisic; Ivan Franciskovic; Ana Peric
In this paper authors are presenting expectations from electronic commerce and its connotations on transport logistics. Based on trends, the relations between the companies in the international transport have to be strengthened using Internet business models. In the paper authors are investigating e-business information models for usage in transport
insight from the literature about business models, international product policy, international entry modes and globalization into a conceptual model of relevant design elements of global business models, enabling global business model innovation to deal with differences in a downstream perspective...
Lindgren, Peter; Rasmussen, Ole Horn
Leading business model (BM) strategizing through “the field of innovation” has not yet been covered in business model and innovation leadership literature. This is a bit peculiar considering that there has been an increased focus on BM innovation (BMI) by academics and industry since 2011. The......”. This emphasizes the importance of questioning. How is BM innovation leadership (BMIL) carried out in companies related to various BM(s) and BMI tasks and throughout their business model innovation process? And, how can innovation leadership be related to BMI? A framework model for BMIL based on case...
Baden-Fuller, C.; Morgan, M S
Drawing on research undertaken in the history and philosophy of science, with particular reference to the extensive literature which discusses the use of models in biology and economics, we explore the question ‘Are Business Models useful?’ We point out that they act as various forms of model: to provide means to describe and classify businesses; to operate as sites for scientific investigation; and to act as recipes for creative managers. We argue that studying business models as models is r...
Full Text Available Business modelling facilitates the understanding of value creation logic in organizations in general. Identifying the components of business models based on different criteria helps understanding the fundamentals of business and the position of entrepreneurs and managers in companies. The present research is focused on the definition of a specific business model for the Czech agribusiness sector. Based on the theoretical background and evaluation of selected business models, the aim is to create a new business model, using components which take into account the specifics of this particular industry.
Full Text Available A business process is the combination of a set of activities with logical order and dependence, whose objective is to produce a desired goal. Business process modeling (BPM using knowledge of the available process modeling techniques enables a common understanding and analysis of a business process. Industry and academics use informal and formal techniques respectively to represent business processes (BP, having the main objective to support an organization. Despite both are aiming at BPM, the techniques used are quite different in their semantics. While carrying out literature research, it has been found that there is no general representation of business process modeling is available that is expressive than the commercial modeling tools and techniques. Therefore, it is primarily conceived to provide an ontology mapping of modeling terms of Business Process Modeling Notation (BPMN, Unified Modeling Language (UML Activity Diagrams (AD and Event Driven Process Chains (EPC to temporal logic. Being a formal system, first order logic assists in thorough understanding of process modeling and its application. However, our contribution is to devise a versatile conceptual categorization of modeling terms/constructs and also formalizing them, based on well accepted business notions, such as action, event, process, connector and flow. It is demonstrated that the new categorization of modeling terms mapped to formal temporal logic, provides the expressive power to subsume business process modeling techniques i.e. BPMN, UML AD and EPC.
Slavik Stefan; Bednar Richard
The term business model has been used in practice for few years, but companies create, define and innovate their models subconsciously from the start of business. Our paper is aimed to clear the theory about business model, hence definition and all the components that form each business. In the second part, we create an analytical tool and analyze the real business models in Slovakia and define the characteristics of each part of business model, i.e., customers, distribution, value, resour...
Full Text Available The choice of theme is identified by the need to improve business processes in organizations, as well as the continuous improvement of overall quality, which is under-represented in the Montenegrin organizations. The state of Montenegro has recognized t he growing importance of small and medium-sized organizations in the development of the national economy. Small and medium-sized organizations are the drivers of future economic growth and development of every country whose competitiveness has to pay special attention. One of the main sources of the competitiveness of small and medium-sized organizations is their pursuit to the business excellence, because it has become the most powerful means of achieving competitive advantage of organizations. The paper investigates certified organizations in Montenegro and their contemporary business and commitment towards business excellence. These organizations in Montenegro adapt its business to international standards and procedures that represent the future of economic growth and development of modern business. Research results of Montenegrin organizations were compared with small and medium-sized organizations from Serbia, which won the awards for business excellence "Quality Oscar" in the category of small and medium-sized organizations, for the last three years (2009, 2010, and 2011. The idea comes from the neccessity of Montenegrin economy to give small contribution in order that small and medium organizations adjust their businesses to the new business.
Meertens, L.O.; Starreveld, E.; Iacob, M.E.; Nieuwenhuis, L.J.M.; Shishkov, Boris
Intuitively, business cases and business models are closely connected. However, a thorough literature review revealed no research on the combination of them. Besides that, little is written on the evaluation of business models at all. This makes it difficult to compare different business model alternatives and choose the best one. In this article, we develop a business case method to objectively compare business models. It is an eight-step method, starting with business drivers and ending wit...
Cavalcante, Sergio Andre; Kesting, Peter; Ulhøi, John Parm
Purpose – This paper aims to discuss the need to dynamize the existing conceptualization of business model, and proposes a new typology to distinguish different types of business model change. Design/methodology/approach – The paper integrates basic insights of innovation, business process and...... routine research into the concept of business model. The main focus of the paper is on strategic and terminological issues. Findings – The paper offers a new, process-based conceptualization of business model, which recognizes and integrates the role of individual agency. Based on this, it distinguishes...... and specifies four different types of business model change: business model creation, extension, revision, and termination. Each type of business model change is associated with specific challenges. Practical implications – The proposed typology can serve as a basis for developing a management tool to...
In today's rapidly changing environment the industries areinterested in executing business functions that has scope inmultiple applications. Business dynamics and technologicalinnovations have felt organizations to comply with adisparate mix of operating systems, applications anddatabases. This makes it difficult, time-consuming and costlyfor IT departments to deliver new applications that integrateheterogeneous technologies. It demands high interoperabilityand more flexible and adaptive busi...
Full Text Available The purpose of Business Process Model and Notation (BPMN is to provide easily understandable graphical representation of business process. Thus BPMN is widely used and applied in various areas one of them being a business process simulation. This paper addresses some BPMN model based business process simulation problems. The paper formulate requirements for business process and resource models in enabling their use for business process simulation.
Ronteltap, Amber; van Trijp, Hans; Berezowska, Aleksandra; Goossens, Jo
Nutritional advice has mainly focused on population-level recommendations. Recent developments in nutrition, communication, and marketing sciences have enabled potential deviations from this dominant business model in the direction of personalisation of nutrition advice. Such personalisation efforts can take on many forms, but these have in common that they can only be effective if they are supported by a viable business model. The present paper takes an inventory of approaches to personalised nutrition currently available in the market place as its starting point to arrive at an identification of their underlying business models. This analysis is presented as a unifying framework against which the potential of nutrigenomics-based personalised advice can be assessed. It has uncovered nine archetypical approaches to personalised nutrition advice in terms of their dominant underlying business models. Differentiating features among such business models are the type of information that is used as a basis for personalisation, the definition of the target group, the communication channels that are being adopted, and the partnerships that are built as a part of the business model. Future research should explore the consumer responses to the diversity of "archetypical" business models for personalised nutrition advice as a source of market information on which the delivery of nutrigenomics-based personalised nutrition advice may further build. PMID:22903899
Full Text Available This study introduced the network sales model of agricultural products from the view of business to business e-commerce and analyzed the features, we found the sales model was featured by pattern diversity which was however of low level; the existing e-commerce operation scale of agricultural products is small and the anti-risk capacity is weak; its resource integration capacity is insufficient and thus it can’t make full use of the advantages of e-commerce. Based on this, this study established sales chain of fresh agriculture products based on business to business e-commerce, i.e., to trade on the internet; the products are delivered to consumers by third-party according to the delivery of producing area and wholesale market of sales area and then collected by consumers themselves. Meanwhile, we should establish information center of price demand for online trading market and modern refrigeration base of wholesale market, accelerate the development of specialized rural cooperative or industrial company and assure the long-term operation of e-commerce of agricultural products circulation in the future.
WANG Ting; YI Shuping; YANG Yuanzhao
A set of indices for performance evaluation for business processes with multiple inputs and multiple outputs is proposed, which are found in machinery manufacturers. Based on the traditional methods of data envelopment analysis (DEA) and analytical hierarchical process (AHP), a hybrid model called DEA/AHP model is proposed to deal with the evaluation of business process performance. With the proposed method, the DEA is firstly used to develop a pairwise comparison matrix, and then the AHP is applied to evaluate the performance of business process using the pairwise comparison matrix. The significant advantage of this hybrid model is the use of objective data instead of subjective human judgment for performance evaluation. In the case study, a project of business process reengineering (BPR) with a hydraulic machinery manufacturer is used to demonstrate the effectiveness of the DEA/AHP model.
Aleksandar Vujovic; Zdravko Krivokapic; Jelena Jovanovic; Sanja Pekovic; Radivoje Micunovic
The choice of theme is identified by the need to improve business processes in organizations, as well as the continuous improvement of overall quality, which is under-represented in the Montenegrin organizations. The state of Montenegro has recognized t he growing importance of small and medium-sized organizations in the development of the national economy. Small and medium-sized organizations are the drivers of future economic growth and development of every country whose competitiveness has...
Heikkila, J.; Heikkila, M.; Bouwman, W.A.G.A.
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 bo
Meertens, L.O.; Starreveld, E.; Iacob, M.E.; Nieuwenhuis, L.J.M.; Shishkov, Boris
Intuitively, business cases and business models are closely connected. However, a thorough literature review revealed no research on the combination of them. Besides that, little is written on the evaluation of business models at all. This makes it difficult to compare different business model alter
C. Li; Coates, G.
Small and medium enterprises (SMEs) constitute a major component of the United Kingdom’s economy, accounting for 99.9% of all private sector businesses and approximately 47% of annual turnover in 2014 . However, these companies can suffer significant financial losses as a consequence of a disruption to business operations, such as a flood event, due to their limited resources and lack of organizational plans. Agent-based modelling is recognized as one approach to enable complex problems in...
Full Text Available During developing an information system is important to create clear models and choose suitable modeling languages. The article analyzes the SRML, SBVR, PRR, SWRL, OCL rules specifying language and UML, DFD, CPN, EPC and IDEF3 BPMN business process modeling language. The article presents business rules and business process modeling languages theoretical comparison. The article according to selected modeling aspects of the comparison between different business process modeling languages and business rules representation languages sets. Also, it is selected the best fit of language set for three layer framework for business rule based software modeling.
Gudiksen, Sune Klok; Poulsen, Søren Bolvig; Buur, Jacob
Well-established companies are currently struggling to secure profits due to the pressure from new players' business models as they take advantage of communication technology and new business-model configurations. Because of this, the business model research field flourishes currently; however, the...
FOSS, NICOLAI; Stieglitz, Nils
We draw on the complementarity literature in economics and management research to dimensionalize business models innovations. Specifically, such innovation can be dimensionalized in terms of the depth and the breadth of the changes to the company’s business model that they imply. In turn, different business model innovations are associated with different management challenges and require different leadership interventions to become successful.
Bao, Yaodong; Cheng, Lin; Zhang, Jian
Using the data of 237 Jiangsu logistics firms, this paper empirically studies the relationship among organizational learning capability, business model innovation, strategic flexibility. The results show as follows; organizational learning capability has positive impacts on business model innovation performance; strategic flexibility plays mediating roles on the relationship between organizational learning capability and business model innovation; interaction among strategic flexibility, explorative learning and exploitative learning play significant roles in radical business model innovation and incremental business model innovation.
Rohrbeck, René; Günzel, Franziska; Uliyanova, Anastasia
In many industries, companies are faced with disruptions from emerging technologies, from the political and legislative environment, from alternative business models or from socio-cultural shifts. Research on strategic foresight (SF) has been aimed at investigating how companies achieve to identify......, anticipate and manage disruptions and prepare for an uncertain future. The research is based on the observation that strategic management in large companies is characterized by certain ignorance towards any changes occurring outside their current business area, and that to maintain a competitive position...
Kapp, Karl M.; Phillips, Timothy L.; Wanner, Janice H.
Outlines a conceptual framework for using a problem-based learning model for teaching the Instructional Design Business Acquisition Process. Discusses writing a response to a request for proposal, developing a working prototype, orally presenting the solution, and the impact of problem-based learning on students' perception of their confidence in…
Haskell, Lucas; Pålhed, Johan
Businesses and humans in general have led to a variety of different social and environmental problems. In this thesis we call on businesses to be the solution to these problems. Therefore, we have developed two research questions: How do Swedish companies incorporate CSR and sustainability into their business models? and How do Swedish companies create shared value through business models based on sustainability and CSR? The purpose of these research questions is to discover how Swedish c...
Huang, Chi-Yo; Tzeng, Gwo-Hshiung; Ho, Wen-Rong; Chuang, Hsiu-Tyan; Lue, Yeou-Feng
The emergence of the Internet has changed the high technology marketing channels thoroughly in the past decade while E-commerce has already become one of the most efficient channels which high technology firms may skip the intermediaries and reach end customers directly. However, defining appropriate e-business models for commercializing new high technology products or services through Internet are not that easy. To overcome the above mentioned problems, a novel analytic framework based on the concept of high technology customers’ competence set expansion by leveraging high technology service firms’ capabilities and resources as well as novel multiple criteria decision making (MCDM) techniques, will be proposed in order to define an appropriate e-business model. An empirical example study of a silicon intellectual property (SIP) commercialization e-business model based on MCDM techniques will be provided for verifying the effectiveness of this novel analytic framework. The analysis successful assisted a Taiwanese IC design service firm to define an e-business model for maximizing its customer’s SIP transactions. In the future, the novel MCDM framework can be applied successful to novel business model definitions in the high technology industry.
Breiby, Eivind; Wanberg, Magnus Haug
A global CEO study conducted by IBM in 2006 showed that business model innovation has a higher correlation with operating margin growth than any other type of innovation. It is therefore not surprising that business model innovation is a buzzword increasingly seen in business jargon and literature. However, the field is quite novel and finding ways of approaching and understanding the subject has been more elusive. This thesis presents a comprehensive and academically founded approach to busi...
Schief, Markus; Bonakdar, Amir; Weiblen, Tobias
Changed business models, such as induced by Software-as-a-Service, require an effective implementation in a firm's organization. This study clarifies the relation between business models as an implementation of a company's strategy, and business processes, as an abstraction of a company's operations. The presented transformation framework provides specific meaning to the industrial setting of a software vendor morphing to a SaaS model. Both underlying concepts, the business model and the valu...
The aim of this bachelors' thesis is to introduce a private equity business model. Private equity investments are a growing segment of the market with high potential returns to the investors. The thesis contains introduction to the forms of private equity investments, the methods used based on the stage of the investee company. It also describes the profit making process and characterizes European and US private equity markets. At the very end it briefly talks about valuation methodology in p...
Heikkila, J.; Heikkila, M.; Bouwman, W.A.G.A.
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...
Fisac Garcia, Ramón; Tavares Bejar, Fabiano; Moreno Romero, Ana Maria; Rodrigues de Farias Filho, José; Mataix Aldeanueva, Carlos; Mecena Da Silva Filho, Sergio José
In recent years new models for organizations working on overty alleviation have emerged. One of them, the social enterprise, has attracted the attention of both academics and practitioners all over the world. Even if defined in different ways depending on the context, social enterprise has an enormous potential to generate social benefits and to promote local agency and private initiative in poverty alleviation. In this sense, it is fitting to highlight the importance of identifying the main ...
Full Text Available The paper is composed of three parts. In the first, a short overview of the development of the Internet and its impact on various spheres of func tioning of contemporary organizations is given. In this section, the term ‘business model’ is defined and then the constituent components of business models are presented and discussed. The second part forms the core of this paper. First, the typology of business-to-consumer Web-based business models is proposed; taking into consideration the phases of the internet’s development (i.e. Web 1.0 and Web 2.0. Next, the six basic types of business models whic h have developed in the electronic space are presented and analyzed. The first four emerged in the first phase of the Internet’s development while the final two are strictly connected with the Web 2.0 phase. The characteristics of each are given along with examples from various industri es and sectors. In the final part of the paper, the most significant conclusions and suggestions are offered.
Social business is type of business, which primary objective is very different from the profit-driven business. Social business objective is to create an added value to society and achieve at least some profit, which serves as a means to achieve this goal. For my thesis I have chosen a business model analysis of the new organization Hub Prague, which is a representative of a social entrepreneurship and which has entered Czech market in 2010. I have examined mainly its income and expenditures ...
Berná Martínez, José Vicente; Maciá Pérez, Francisco; Gilart Iglesias, Virgilio; Marcos Jorquera, Diego
This paper presents an approach for designing robots and robotic systems based on the application of models, architectures, techniques and tools that have contributed valid solutions in other areas, such as e-business. Before applying these solutions, the physical elements that make up a robotic system are subjected to a normalization process in order to characterize their functional contributions. In this way, the conceptual model and the technical architecture of the service-oriented archit...
Onetti Alberto; Verma Sameer
License affects software companies’ business activities. While proprietary software vendors create custom licenses, open source companies have less flexibility. The Open Source Initiative (OSI) defines a list of 72 licenses as open source (“OSI approved”). For a project to follow open source licensing, it has to pick licenses from this set. Logically, we expect that an open source company defines its business model around the license that it selects. Thus, we can assume that business model de...
Di Valentin, Christina; Weiblen, Tobias; Pussep, Anton; Schief, Markus; Emrich, Andreas; Werth, Dirk; Loos, Peter
Pressure amongst competitors combined with a rapidly changing economy drive enterprises to continuously adapt their current business models to prevail over competitors. Business models nowadays must be flexible enough to cope with external or internal changes and therefore should be managed and controlled dynamically. Hence, enterprises must be aware of the interconnections between the strategic level and the operational level of business processes for being able to adjust their current busin...
Schuster, Stephan; Gilbert, Nigel
The online content market for news and music is changing rapidly with the spread of technology and innovative business models (e.g. the online delivery of music, specialised subscription news services). It is correspondingly hard for suppliers of online content to anticipate developments and the effects of their businesses. The paper describes a prototype multiagent simulation to model possible scenarios in this market. The simulation is intended for use by business strategists and has been d...
Vijayan, Prijith; Juneja, Jasneet
This report discusses Location Based Services, a booming sector in the mobile industry. Location Based Services (LBS) have been around for a decade but got revolutionized with the proliferation of GPS enabled mobile phones and improvements in communication and positioning technologies. The global mobile LBS revenue is expected to reach $ 12.7 billion by 2014 with Western European region predicted to hold a considerable share of the market. Despite the attractiveness of LBS market and interest...
Giannoulis, Constantinos; Petit, Michaël; Zdravkovic, Jelena
Business strategy aims at supporting the vision of an enterprise, by paving the way to achieve it through goals that direct the strategy’s execution. Aligning business strategy to system requirements requires explicit models from both business strategy and requirements engineering. However, existing business strategy definition approaches are informal and their syntax is based on natural language, therefore, they cannot be used in model-driven alignment. An objective of our research is to def...
Cavalcante, Sergio Andre
affect a business model and when they do not, allowing managers to adopt a more proactive behaviour and guide their organizations towards effective business model change. The main contribution of this paper is to suggest the inclusion of the pre-stage idea in research and practice, since......The purpose of this paper is to investigate managers’ initiatives in the context of an emergent technology and their effect on the business models of firms. Building on four case studies of organizations interested in using an emergent technology for commercial purposes, this study applies...... a process-based framework of business model change. The main finding is that managers’ initiatives occur in the context of a “pre-stage” of potential business model change, which includes processes of experimenting and learning. The pre-stage finding gives a better understanding of when change initiatives...
Irfan Chishti; Jixin Ma; Brian Knight
A business process is the combination of a set of activities with logical order and dependence, whose objective is to produce a desired goal. Business process modeling (BPM) using knowledge of the available process modeling techniques enables a common understanding and analysis of a business process. Industry and academics use informal and formal techniques respectively to represent business processes (BP), having the main objective to support an organization. Despite both are aiming at BPM, ...
Dahman, Karim; Charoy, François; Godart, Claude
Service-Oriented Architecture (SOA) has significantly enhanced inter-organizational systems enabling business flexibility, Information Technology (IT) agility, and value generation. However, building a SOA that reduces technology-driven business and leverages process management seems referring to the recurrent issues of business process logic and IT alignment. This paper presents a model-driven development approach where long-running business service composition models drive their supporting ...
When SME´s practice business model (BM) innovation (BMI), leading strategically BMs through the innovation process can be the difference between success and failure to a BM. Business Model Innovation Leadership (BMIL) is however extremely complex to carry out especially to small and medium size...
Maria Cristina Enache
Full Text Available A Social Business embraces networks of people to create business value. A Social Business connects people to expertise. It enable individuals – whether customers, partners or employees – to form networks to generate new sources of innovation, foster creativity, and establish greater reach and exposure to new business opportunities. It establishes a foundational level of trust across these business networks and, thus, a willingness to openly share information. It empowers these networks with the collaborative, gaming and analytical tools needed for members to engage each other and creatively solve business challenges. A Social business strives to remove unnecessary boundaries between experts inside the company and experts in the marketplace. It embraces the tools and leadership models that support capturing knowledge and insight from many sources, allowing it to quickly sense changes in customer mood, employee sentiment or process efficiencies. It utilizes analytics and social connections inside and outside the company to solve business problems and capture new business opportunities. A Social Business leverages these social networks to speed up business, gaining real time insight to make quicker and better decisions. It gets information to customers and partners in new ways -- faster. Supported by ubiquitous access on mobile devices and new ways of connecting and working together in the Cloud and on open platforms, a Social Business turns time and location from constraints into advantages. Business is free to occur when and where it delivers the greatest value, allowing the organization to adapt quickly to the changing marketplace. We believe the most effective approach to enabling a Social Business centers around helping people discover expertise, develop social networks and capitalize on relationships.
Buur, Jacob; Mitchell, Robb
This paper presents a set of techniques for modelling business in rich, tangible formats. These tangible formats were developed in companies and educational settings and have proven extraordinarily successful in initiating conversations about how to innovate business in cross-disciplinary and cross...
Antero, Michelle C.; Hedman, Jonas; Henningsson, Stefan
The ERP industry has undergone dramatic changes over the past decades due to changing market demands, thereby creating new challenges and opportunities, which have to be managed by ERP vendors. This paper inquires into the necessary evolution of business models in a technology-intensive industry (e...... of SAP to explain how its success in a technology-intensive industry hinges on its ability to reconfigure its business model. The paper contributes to the extant literature on business models in two ways: first, by identifying and explaining the need for an evolutionary perspective; and second...
Jensen, Meiko; Feja, Sven
The rising need for security in SOA applications requires better support for management of non-functional properties in web-based business processes. Here, the model-driven approach may provide valuable benefits in terms of maintainability and deployment. Apart from modeling the pure functionality...... a transformation that automatically derives WS-SecurityPolicy-conformant security policies from the process model, which in conjunction with the generated WS-BPEL processes and WSDL documents provides the ability to deploy and run the complete security-enhanced process based on Web Service technology. © 2009 IEEE....... of a process, the consideration of security properties at the level of a process model is a promising approach. In this work-in-progress paper we present an extension to the ARIS SOA Architect that is capable of modeling security requirements as a separate security model view. Further we provide...
Gjerding, Allan Næs; Kringelum, Louise Tina Brøns
The present paper presents a novel generalization of business model innovation as an activity taking place across a development and an extension zone, where business model innovation occurs as minor, medium and major changes within both zones. The model explains the process of creating new activity......-ered as a coherent system. The generalization is explicated in terms of different domi-nant market logics in which collaborative efforts can be positioned. Underlying this presentation, the paper argues that business model innovation involves uncertainty to the degree that innovation is based on...... cooperative efforts, and that there exists a dialec-tical relationship between sources of selection and sources of survival, which tend to re-inforce one another. This constitutes a new aspect of business model innovation....
Moser, Daniel; Gassmann, Oliver
Digitalization, connected products and services, and shortening innovation cycles are widely discussed topics in management practice and theory and demand for new concepts. Platforms are such a concept and find successively entry into a growing number of companies. However, research did not yet address how business models for platforms can be innovated. Thus, we build on a multi-case study and analyze how three major companies, Amazon, Apple and Google innovated their business models. We foun...
Antero, Michelle C.; Hedman, Jonas; Henningsson, Stefan
The ERP industry has undergone dramatic changes over the past decades due to changing market demands, thereby creating new challenges and opportunities, which have to be managed by ERP vendors. This paper inquires into the necessary evolution of business models in a technology-intensive industry (e.g., develop new offerings, engage in partnerships, and the utilize new sales channels). This paper draws from strategy process perspective to develop an evolutionary business model (EBM...
ai"The trend is your friend"is a practical principle often used by business managers, who seek to forecast future sales, expenditures, and profitability in order to make production and other operational decisions. The problem is how best to identify and discover business trends and utilize trend information for attaining objectives of firms.This book contains an Excel-based solution to this problem, applying principles of the authors' "profit system model" of the firm that enables forecasts of trends in sales, expenditures, profits and other business variables. The program,
Cyntia Vilasboas Calixto
Full Text Available This essay was developed based on a systematic literature review to identify the main definitions of business model as well as the elements that compose this construct. We analyzed 81 papers published in journals with scores above 1.5 according to Journal Citation Report (JCR standards. We realized that the relationship between business model and multinational companies has been neglected by researchers and therefore appears as an opportunity for research. Considering that business models describe how a company creates value through a combination of internal and external activities as a whole of resources, it is important to understand the design elements of the business model established by the multinational enterprise.
Studying the implications of a business model, choosing success strategies, developing viable operational concepts or evolving a functional system, it is important to analyse it in all dimensions. For this purpose, various analysing techniques/frameworks are used. This paper is a discussion on how to use an innovative analysing framework called ABCD model on a given business model, or on a business strategy or an operational concept/idea or business system. Based on four constructs Advantages...
Full Text Available Purpose: Existing frameworks for understanding and analyzing the value configuration and structuring of partnerships in relation such network-based business models are found to be inferior. The purpose of this paper is therefore to broaden our understanding of how business models may change over time and how the role of strategic partners may differ over time too. Design/methodology/approach: A longitudinal case study spanning over years and mobilising multiple qualitative methods such as interviews, observation and participative observation forms the basis of the data collection. Findings: This paper illustrates how a network-based business model arises and evolves and how the forces of a network structure impact the development of its partner relationships. The contribution of this article is to understanding how partners positioned around a business model can be organized into a network-based business model that generates additional value for the core business model and for both the partners and the customers. Research limitations/implications: The results should be taken with caution as they are based on the case study of a single network-based business model. Practical implications: Managers can gain insight into barriers and enablers relating to different types of loose organisations and how to best manage such relationships and interactions Originality/value: This study adds value to the existing literature by reflecting the dynamics created in the interactions between a business model’s strategic partners and how a how a business model can evolve in a series of distinct phases
Amziani, Mourad; Melliti, Tarek; Tata, Samir
Cloud environments are being increasingly used for deploying and executing business processes and particularly Service-based Business Processes (SBPs). One of the expected features of Cloud environments is elasticity at different levels. It is obvious that provisioning of elastic platforms is not sufficient to provide elasticity of the deployed business process. Therefore, SBPs should be provided with elasticity so that they would be able to adapt to the workload changes while ensuring the de...
Taran, Yariv; Nielsen, Christian; Thomsen, Peter;
Purpose – The paper aims: 1) To develop systematically a structural list of various business model process configuration and to group (deductively) these selected configurations in a structured typological categorization list. 2) To facilitate companies in the process of BM innovation......, by developing (inductively) an ontological classification framework, in view of the BM process configurations typology developed. Design/methodology/approach – Given the inconsistencies found in the business model studies (e.g. definitions, configurations, classifications) we adopted the analytical induction...... method of data analysis. Findings - A comprehensive literature review and analysis resulted in a list of business model process configurations systematically organized under five classification groups, namely, revenue model; value proposition; value configuration; target customers, and strategic...
Toma Sorin-George; Marinescu Paul
In the past century, the business models were focused on providing a basic product at a low/very low cost, then charging excessive amounts of money for refills or for associated products/services. In the 21st century, the business models have to take into account not just the new technologies, but also the social responsibility issue. The aims of our paper are to present in brief the concepts of business model and of corporate social responsibility (CSR), and to highlight the emergence of the...
The initial Internet bank startups tended to underperform branching bank startups. This suggested that Internet-only business models were not economically viable for banks. However, firms that pioneer new business models may benefit substantially from experience as they grow older, and firms that use automated production technologies may benefit from scale effects as they grow larger. Econometric analysis of Internet-only bank startups finds strong evidence of the latter, but not the former, ...
Nutritional advice has mainly focused on population-level recommendations. Recent developments in nutrition, communication, and marketing sciences have enabled potential deviations from this dominant business model in the direction of personalisation of nutrition advice. Such personalisation efforts can take on many forms, but these have in common that they can only be effective if they are supported by a viable business model. The present paper takes an inventory of approaches to personalise...
Noce, Irapuan; Carvalho, João Álvaro
There is a growing interest in business modeling and architecture in the areas of management and information systems. One of the issues in the area is the lack of integration between the modeling techniques that are employed to support business development and those used for technology modeling. This paper proposes a modeling approach that is capable of integrating the modeling of the business and of the technology. By depicting the business model, the organization structure and the technolog...
Knab, Sebastian; Rohrbeck, René
utilities in the emerging virtual power plant market. Based on the behavioral theory of the firm, we study how the cognitive and physical elements of an incumbent’s strategy can be changed and how these changes affect its business model innovation activities in the exploration process. Our preliminary......With this research we aim to enhance our understanding about how incumbents can explore emerging opportunities through business model innovation. Using a multiple-case, longitudinal research design spanning 2008 to 2014 we investigate exploration activities of the four largest German energy...
Baden-Fuller, C.; Haefliger, S.
Business models are fundamentally linked with technological innovation, yet the business model construct is essentially separable from technology. We define the business model as a system that solves the problem of identifying who is (or are) the customer(s), engaging with their needs, delivering satisfaction, and monetizing the value. The framework depicts the business model system as a model containing cause and effect relationships, and it provides a basis for classification. We formulate ...
In this thesis I would like to clarify the major approached to business models, define business model innovation, identify types of business models and innovations that are applied in the companies under research, indicate strengths and weaknesses of the business models studied and determine their innovative value. The sources of data include secondary from literature review, reports, corporate web pages and primary data from the interviews with employees of the Polish companies under ...
Heikkinen, A.-M. (Anne-Mari)
It is current phenomena that business environment has changed and has set new requirements for companies. Companies must adapt to the changes comes from outside its normal business environment and take into consideration wider business environment where it operates. These changes also have set new demands for company business model. Companies Business models need to be changed to match state of art business environment and requirements. Business models can be competitive advantage to the comp...
Saebi, Tina; Foss, Nicolai Juul
Research on open innovation suggests that companies benefit differentially from adopting open innovation strategies; however, it is unclear why this is so. One possible explanation is that companies’ business models are not attuned to open strategies. Accordingly, we propose a contingency model of...... open business models by systematically linking open innovation strategies to core business model dimensions, notably the content, structure, governance of transactions. We further illustrate a continuum of open innovativeness, differentiating between four types of open business models. We contribute to...... the open innovation literature by specifying the conditions under which business models are conducive to the success of open innovation strategies....
Saebi, Tina; Foss, Nicolai J.
Research on open innovation suggests that companies benefit differentially from adopting open innovation strategies; however, it is unclear why this is so. One possible explanation is that companies' business models are not attuned to open strategies. Accordingly, we propose a contingency model of...... open business models by systematically linking open innovation strategies to core business model dimensions, notably the content, structure, governance of transactions. We further illustrate a continuum of open innovativeness, differentiating between four types of open business models. We contribute to...... the open innovation literature by specifying the conditions under which business models are conducive to the success of open innovation strategies....
Hvass, Kerli Kant
The issue of business model innovation for sustainability is becoming increasingly relevant for fashion companies. This paper investigates how the resell of a fashion brand's own product can facilitate business model adaption towards sustainability. Based on a single revelatory case study the...... article highlights a premium fashion brand's endeavours in prolonging their products life through resell activities and the main issues, challenges and opportunities the brand can encounter in integrating this strategy into its existing business model....
Tangkawarow, I. R. H. T.; Waworuntu, J.
In this era, there is a lot of business process modeling techniques. This article is the research about differences of business process modeling techniques. For each technique will explain about the definition and the structure. This paper presents a comparative analysis of some popular business process modelling techniques. The comparative framework is based on 2 criteria: notation and how it works when implemented in Somerleyton Animal Park. Each technique will end with the advantages and disadvantages. The final conclusion will give recommend of business process modeling techniques that easy to use and serve the basis for evaluating further modelling techniques.
Ruppen, Alain; Clément, Nicolas; Balabko, Pavel; Wegmann, Alain
Rapid business changes require companies to make rapid changes in business processes and ultimately in BPS systems. These changes can be done rapidly if business modelers understand the base roles of business processes and relationships between these roles. In this paper we present an alternative to the traditional business processes modeling approaches. In our approach we make explicit roles present in business processes. This facilitates business process reengineering and improves the align...
Full Text Available Selection and proper application of business process modeling methods and techniques have a significant impact on organizational improvement capabilities as well as proper understanding of functionality of information systems that shall support activity of the organization. A number of business process modeling notations were popularized in practice in recent decades. Most significant of the notations include Business Process Modeling Notation (OMG BPMN and several Unified Modeling Language (OMG UML extensions. In this paper, the assessment whether one of the most flexible and strictly standardized contemporary business process modeling notations, i.e. Rational UML Profile for Business Modeling, enable business analysts to prepare business models that are all-embracing and understandable by all the stakeholders. After the introduction, methodology of research is discussed. Section 2 presents selected case study results. The paper is concluded with a summary.
Full Text Available In the turbulence of internet and e-business, company can only survey with the periodical reinventing their ebusiness models, because business model of a firm can only capture the snap shot of the current value chain. This snap shot cannot survive longer with their competitors. Companies must decide how and when to implement e-business model. The choice should be based on an overall assessment that includes an evaluation of costs and benefits and well-defined goals that are dependent on whether the decision was based on businessor strategic criteria. In this paper we surveyed the e-business model of various authors. Dell, Cisco and Bata are the three revolutionary new business models of business to business e-commerce models that have come out for the successful business. However, these models are not appropriate for every organization. In addition to these new paradigms for individual firms, other changes in business-to-business e-commerce are occurring that are revolutionizing the traditional paradigms.
Maria Cristina Enache; Corina Sbughea
A Social Business embraces networks of people to create business value. A Social Business connects people to expertise. It enable individuals – whether customers, partners or employees – to form networks to generate new sources of innovation, foster creativity, and establish greater reach and exposure to new business opportunities. It establishes a foundational level of trust across these business networks and, thus, a willingness to openly share information. It empowers these networks with t...
Smith, Pernille; Cavalcante, Sérgio André; Kesting, Peter;
This paper investigates the process whereby firms move from a closed to an open business model, and, in so doing it points to the relationship between a firm's innovation approach and its business model(s). The empirical setting of this qualitative investigation is a consortium of Danish...... significant contribution of this paper is to show that adopting an open innovation model is unlikely to succeed without changing the underlying business model. ...
March-Chordà, I; Yagüe-Perales, R M
This article provides new insights into the different strategy paths or business models currently being implemented by Canadian biopharma companies. Through a case-study methodology, seven biopharma companies pertaining to three business models were analyzed, leading to a broad set of results emerging from the following areas: activity, business model and strategy; management and human resources; and R&D, technology and innovation strategy. The three business models represented were: model 1 (conventional biotech oriented to new drug development, radical innovation and search for discoveries); model 2 (development of a technology platform, usually in proteomics and bioinformatics); and model 3 (incremental innovation, with shorter and less risky development timelines). PMID:21708279
Ekanayake, Chathura,; La Rosa, Marcello; ter Hofstede, Arthur; Fauvet, Marie-Christine
As organizations reach higher levels of Business Process Management maturity, they tend to accumulate large collections of process models. These repositories may contain thousands of activities and be managed by different stakeholders with varying skills and responsibilities. However, while being of great value, these repositories induce high management costs. Thus, it becomes essential to keep track of the various model versions as they may mutually overlap, supersede one another and evolve ...
Thomas Edson Espíndola Gonçalo; Luciana Hazin Alencar
One of the most important aspects for companies' success is the relationship between companies and their suppliers. Consequently, the way that a supplier is selected is crucial to the outcome of the business. Thus, we propose a multicriteria decision support model with two phases: the analysis of the products/services from suppliers that need to be evaluated, using PROMSORT, and the analysis of the suppliers of such products/services which is considered critical, using PROMETHEE II. The model...
Nariman Abdi; Behrouz Zarei; Jamshid Vaisy; Badieahe Parvin
Business Process Reengineering (BPR) is a paradigm that is used by many organizations to survive in the competitive era. However, creative design of the business processes is a critical phase and the organization should prepare the ground for innovation in this phase. Innovation helps organizations to use the BPR concept efficiently. This paper reviews the BPR methodologies and innovation concepts and models and presents a business process redesign framework based on the innovation models usi...
Nakamura, Kotaro; Ikawa, Yasuo
Launching new high-value-added services calls forsystematic methodologies based on multidisciplinary frameworkenabling the transformation from service concept to real service.The collaboration of business planers from various kinds ofservice and the sharing and assignment among individuals/organization, goods/infrastructure, technology/system requirethe establishment of a common framework and service modelingapproaches based on multidisciplinary studies.The present paper applies the service m...
Gamingdom is a new start up venture that provides online gaming service utilising the latest cloud computing technology. The high demand, popularity and exponential growth in the number of gaming enthusiasts and the market have brought about this innovative idea. This new venture aims to provide an easy method of gaming through the internet without heavy expenses on hardware and software and also minimising the existing high rate of piracy. A business model is an essential tool for buildin...
Selection and proper application of business process modeling methods and techniques have a significant impact on organizational improvement capabilities as well as proper understanding of functionality of information systems that shall support activity of the organization. A number of business process modeling notations were popularized in practice in recent decades. Most significant of the notations include Business Process Modeling Notation (OMG BPMN) and several Unified Modeling Language ...
OBJECTIVES OF THE STUDY The main objective of this thesis is to depict the business model of an online fantasy league, that is, to investigate how an online fantasy league fundamentally creates value to its customers, and to pinpoint the differences between the various leagues business models as well as the reasons behind such discrepancies. This goal is further followed by a secondary objective, which is to assess what kind of fantasy league business models would be feasible in divergent...
Kauhanen, K. (Kaisa)
It has been emphasized that companies can maximize the value in target customer segments by successfully managing the value co-creation. However, it has been argued that there is a lack of researches in academic literature focused on providing theoretical frameworks to help organizations to manage the value co-creation. This study provides an understanding on how value co-creation with key participants of a service affects the form of business model and its elements. The aim of this study...
Taran, Yariv; Nielsen, Christian; Thomsen, Peter Poulsen;
The Danish Banking sector faces increasing requirements regarding regulation and profitability, which especially threatens small- and medium sized banks. This study analyzes whether the successful business model of Handelsbanken (‘The Handelsbanken Way’) to banking in regard to the needed...... strengthening of the financial and non-financial position can serve as a blueprint for small- and medium sized banks. We conduct a comparative case study by interviewing Handelsbanken and the disguised ‘Danish Local Bank’ (DLB), where the DLB is a representative example of a small- and medium sized Danish bank...... obvious advantages of ‘The Handelsbanken Way’, this study suggests that the financially troubled small- and medium sized banks in Denmark will not necessarily benefit from the tactical choice of decentralization unless they incorporate specific adjustments. This study contribute to the existing theory...
New types of disclosure and reporting are argued to be vital in order to convey a transparent picture of the true state of the company. However, they are unfortunately not without problems as these types of information are somewhat more complex than the information provided in the traditional......, because the costs of processing and analyzing it exceed the benefits indicating bounded rationality. Hutton (2002) concludes that the analyst community’s inability to raise important questions on quality of management and the viability of its business model inevitably led to the Enron debacle. There seems...... to be evidence of the fact that all types of corporate stakeholders from management to employees, owners, the media and politicians have grave difficulties in interpreting new forms of reporting. One hypothesis could be that if managements’ own understanding of value creation is disclosed to the...
Andrija Vidović; Igor Štimac; Damir Vince
The global economic crisis that affects all industries, including the aviation industry, has forced airlines to adjust their business models to existing market conditions. Low-cost airlines, which till the onset of economic crises in most cases followed the base low-cost business model, have adapted their business model in such a way that they have implemented segments of traditional airlines business models and thus created a hybrid between traditional and low-cost business models. This pape...
Holm, Anna B.; Günzel, Franziska; Ulhøi, John Parm
Literature on business model innovation portraits an open business model as a modern and lucrative approach to conducting business, and even as a way to engage in open innovation activities. Using archival data and interviews with key employees of the two largest media groups from Denmark, we show...... the recent developments in the Danish newspaper industry, especially 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 understanding of the term ‘openness’ is needed since the...... opening of business models during technological dynamics may have far more diverse consequences than it has been reported in the literature so far and can even become a major threat to business viability....
Saugstrup, Dan; Henten, Anders
The aim of the paper is to examine the issue of business modeling in relation to personal networks, PNs. The paper builds on research performed on business models in the EU 1ST MAGNET1 project (My personal Adaptive Global NET). The paper presents the Personal Network concept and briefly reports on...
The antecedents and consequences of business model design have gained increasing interest among information system (IS) scholars and business practitioners alike. Based on an extensive literature review and empirical research, this study investigates the factors that drive business model design and the performance effects generated by the different kinds of business models in software firms. The main research question is: “What are the determinants of business model performance in the softwar...
Audrius Rima; Olegas Vasilecas; Aidas Šmaižys
During developing an information system is important to create clear models and choose suitable modeling languages. The article analyzes the SRML, SBVR, PRR, SWRL, OCL rules specifying language and UML, DFD, CPN, EPC and IDEF3 BPMN business process modeling language. The article presents business rules and business process modeling languages theoretical comparison. The article according to selected modeling aspects of the comparison between different business process modeling languages and ...
Groth, Pernille; Nielsen, Christian
Abstract Purpose: The paper proposes a research design recipe capable of leading to future business model taxonomies and discusses the potential benefits and implications of achieving this goal. Design/Methodology/Approach: The paper provides a review of relevant scholarly literature about business...... models to clarify the subject as well as highlighting the importance of past studies of business model classifications. In addition it reviews the scholarly literature on relevant methodological approaches, such as cluster analysis and latent class analysis, for constructing a business model taxonomy....... The two literature streams combined to form the basis for the suggested recipe. Findings: The paper highlights the need for further large-scale empirical studies leading to a potential business model taxonomy, a topic that is currently under-exposed even though its merits are highlighted continuously...
Nielsen, Christian; Lund, Morten
models apply to many different settings than the profit-oriented company. The application of business models is much broader and is a meaningful concept both in relation to public-sector administration, NGO’s, schools and universities and us, as individuals. Whether, in the case of the privately owned......A business model is a sustainable way of doing business. Here sustainability stresses the ambition to survive over time and create a successful, perhaps even profitable, entity in the long run. The reason for this apparent ambiguity around the concept of profitability is, of course, that business...... company, profits are retained by the shareholders or distributed in some degree to a broader mass of stakeholders is not the focus here. Rather, it is the point of this book to illustrate how one may go about conceptualizing, analyzing or communicating the business model of a company, organisation, or...
For anyone who wants to communicate effectively in business, this is your complete reference guide for any form of written communication. Packed with over 500 sample documents, over 100 tips for better business writing and useful templates you can apply to your writing immediately, Model Business Letters will help you put the key rules of good business writing into action.
Lindgren, Peter; Jørgensen, Rasmus
This paper studies the evolution of business model (BM) innovations related to a multi business model framework. The paper tries to answer the research questions: • What are the requirements for a multi business model innovation model (BMIM)? • How should a multi business model innovation model...... look like? Different generations of BMIMs are initially studied in the context of laying the baseline for how next generation multi BM Innovation model (BMIM) should look like. All generations of models are analyzed with the purpose of comparing the characteristics and challenges of previous...
For centuries, it has been acknowledged that after major technical innovations, there exists a business opportunity for turning innovations into businesses. Similarly, the very same has happened when the opportunities of electronic business based on the Internet were identified over a decade ago. In the late 1990s, the business model concept appeared to describe a business logic according to which electronic businesses were typically described in brief and put into practice. Meanwhile, severa...
Purpose – This paper aims to distill from both the Asian “miracle” and the “meltdown” since the Asian crisis, a generic East Asian business model which is changing in the context of globalisation, information communication technology, knowledge-based economy, deregulation and emerging new competition. Design/methodology/approach – The generic business model considers the creative and innovative nature of intellectual capital in a qualitative macroeconomic development model rather than a quant...
Lund, Morten; Nielsen, Christian
implications: Managers can gain insight into barriers and enablers relating to different types of loose organisations and how to best manage such relationships and interactions Originality/value: This study adds value to the existing literature by reflecting the dynamics created in the interactions between a...... time and how the role of strategic partners may differ over time too. Design/methodology/approach: A longitudinal case study spanning over years and mobilising multiple qualitative methods such as interviews, observation and participative observation forms the basis of the data collection. Findings......: This paper illustrates how a network-based business model arises and evolves and how the forces of a network structure impact the development of its partner relationships. The contribution of this article is to understanding how partners positioned around a business model can be organized into a...
M.S.SALEEM BASHA,; P.DHAVACHELVAN
In the turbulence of internet and e-business, company can only survey with the periodical reinventing their ebusiness models, because business model of a firm can only capture the snap shot of the current value chain. This snap shot cannot survive longer with their competitors. Companies must decide how and when to implement e-business model. The choice should be based on an overall assessment that includes an evaluation of costs and benefits and well-defined goals that are dependent on wheth...
To a rapidly increasing degree, traditional organizational structures evolve in large parts of the world towards online business using modern Information and Communication Technology (ICT) capabilities. For efficient applications of inter-organizational information systems, the alignment between business and ICT is a key factor. In this context, business analysis using business modelling can be regarded as a first step in designing economically sustainable e-business solutions. This thesis ex...
Kejser, Ulla Bøgvad
This deliverable discusses business models for digital curation. It helps organisations to understand the requirements and drivers for curation services from a supplier and demand side. We investigated existing services and have developed guidelines to address new business opportunities. Implemen......This deliverable discusses business models for digital curation. It helps organisations to understand the requirements and drivers for curation services from a supplier and demand side. We investigated existing services and have developed guidelines to address new business opportunities....... Implementation of our findings would facilitate an organisation’s strategic planning for curation services through an improved understanding of services, streamlining and improvement of those services, planning for new collaborations, and identifying new business opportunities....
A. D. Chinedu
Full Text Available A novel approach is proposed as a framework for working out uncertainties associated with decisions between the choices of leasing and procurement of capital assets in a manufacturing industry. The mathematical concept of the tool is discussed while the technique adopted is much simpler to implement and initialize. The codes were developed in Java-programming language and text-run and executed on a computer system running on Windows 7 operating system. This was done in order to solve a model that illustrates a case study in actuarial mathematics. Meanwhile the solution obtained proves to be stable and proffers to suit the growing frenzy for software for similar recurring cases in business. In addition, it speeds up the computational results. The results obtained using the empirical method is compared with the output and adjudged excellent in terms of accuracy and adoption.
Friedman, B A
Major forces are now reshaping all businesses on a global basis, including the healthcare and clinical laboratory industries. One of the major forces at work is information technology (IT), which now provides the opportunity to create a new economic and business model for the clinical laboratory industry based on the creation of an integrated vertical meta-network, referred to here as the "total laboratory solution" (TLS). Participants at the most basic level of such a network would include a hospital-based laboratory, a reference laboratory, a laboratory information system/application service provider/laboratory portal vendor, an in vitro diagnostic manufacturer, and a pharmaceutical/biotechnology manufacturer. It is suggested that each of these participants would add value to the network primarily in its area of core competency. Subvariants of such a network have evolved over recent years, but a TLS comprising all or most of these participants does not exist at this time. Although the TLS, enabled by IT and closely akin to the various e-businesses that are now taking shape, offers many advantages from a theoretical perspective over the current laboratory business model, its success will depend largely on (a) market forces, (b) how the collaborative networks are organized and managed, and (c) whether the network can offer healthcare organizations higher quality testing services at lower cost. If the concept is successful, new demands will be placed on hospital-based laboratory professionals to shift the range of professional services that they offer toward clinical consulting, integration of laboratory information from multiple sources, and laboratory information management. These information management and integration tasks can only increase in complexity in the future as new genomic and proteomics testing modalities are developed and come on-line in clinical laboratories. PMID:11468263
Winterhalter, Stephan; Weiblen, Tobias; Wecht, Christoph; Gassmann, Oliver
Despite the fact that business model innovation (BMI) has attracted intense scholarly attention, there is a paucity of insights concerning the organizational implementation of BMI efforts in large corporations. This paper investigates how business model innovation is managed in the complex environment of the chemical industry and derives consequences for the establishment of a systematic BMI process in large corporations. Based on a multiple case study design, we identify three different type...
Søndergaard, Morten Karnøe; Lindgren, Peter; Veirum, Niels Einar
specific behavior, this results to the ability of designing for specific changes. Businesses use different persuasive technologies to persuade users, customers and network partners to change behavior. Operating more than one value proposition, both tangible and intangible value proposition, in combination...... seems to be crucial to the success of a persuasive business model. We will give a short introduction into the area of persuasive technology and business models. Moreover, we will present a number of concrete case examples where persuasive technologies were employed, the first in health care, the second...... in society development and the third within environment. We then conclude that it is key for...
Full Text Available In recent years, internet based commerce has developed as a new paradigm. Many factors such as "at home delivery", easy ordering, and usually lower prices contributed to the success of the e-commerce. However, more recently, companies realized that one of the major factors in having a successful internet based business is the design of a user interface that is in concordance with the users' expectations, which includes both functionality and user friendly features. The func-tionality feature of an e-business interface is one of the most important elements when discussing about a specific internet based business. In our paper, we present methods to model task flows for e-business interfaces. We strengthen our study with the design modeling of a practical scenario that may appear in an on-line commercial environment.
In the September issue of the Open Source Business Resource, Patrick McNamara, president of the Open Hardware Foundation, gave a comprehensive introduction to the concept of open hardware, including some insights about the potential benefits for both companies and users. In this article, we present the topic from a different perspective, providing a classification of market offers from companies that are making money with open hardware.
News publishers in the industrialized world are experiencing a fundamental challenge to their business models because of the changing modes of consumption, competition, and production of their offerings that are associated with the emergence of the networked information society. The erosion of the...... traditional business models poses an existential threat to news publishing and has given rise to a continuing struggle among news publishers to design digital business models that will be sustainable in the future. This dissertation argues that a central and underresearched aspect of digital news publishing...... business models concerns the production networks that support the co-production of digital news offerings. To fill this knowledge gap, this dissertation explores the strategic design of the digital news publishing production networks that are associated with HTML-based news offerings on the open Web. In...
Disclosure of information on strategies, business models, critical success factors, risk factors and value drivers in general has gained importance in recent years. Both policy makers and academics have argued that the demand for external communication of new types of value drivers is rising as...... companies increasingly base their competitive strengths and thus the value of the company on know-how, patents, skilled employees and other intangibles. In parallel with the focus on disclosure of value drivers, the concept of business models has gained popularity. However, business models in terms of “ways...... of doing business” have always existed. The business model reflects the way of competing of the specific company, whether it concerns being unique or being the most cost-efficient company in the industry....
Gacitua-Decar, Veronica; Pahl, Claus
Increasingly, organisations are using a Service-Oriented Architecture (SOA) as an approach to Enterprise Application Integration (EAI), which is required for the automation of business processes. This paper presents an architecture development process which guides the transition from business models to a service-based software architecture. The process is supported by business reference models and patterns. Firstly, the business process models are enhanced with domain model elements, applicat...
Chengbo, Wang; Reid, Vivien; Johansen, John
model is designed. Stage 3, the model is verified and refined towards its maturity. This stage includes three steps. Step 1, the model is evaluated and refined based on empirical evidence in the related fields, and from an academic judgment. Step 2, the model is applied in selected real world SBNs to...... situations. Here in this research the authors use four criteria to evaluate its applicability: relevance, efficiency, effectiveness and complexity. Findings and Originality: Based on the academic evaluation and the successful application of CBR models from researchers in other closely related fields, it is...... rational to contend that the model will support the knowledge management not only for the functional fields within a certain organization but also among the SBN members. The model can play a vital role for supporting a SBN and its members to learn more of the approaches to improve operations performance at...
The notion of business models makes possible to describe how a company creates value through innovation, generally within a business ecosystem, and how the value will be distributed between the actors involved. The experiences corporate managers made in the recent economic recession, the existing volatility of the environment, and the resulting uncertainty is changing what is regarded as best practice in enterprise management. Companies will experience a new focus on entrepreneurial sustainab...
Full Text Available Organizations inform stakeholders about their current and future activities, processes, created value, strategic intentions, and other information that may influence the established relationships. Organizations choose to communicate with stakeholders by different means and in varied ways. The annual report represents a way of communicating between companies and their stakeholders, and it is offering comprehensive information about how companies operates and creates value. The business model is an emerging concept in management literature and practice. The concept describes the logic by which a organization creates, maintains and delivers value for its stakeholders. Through annual reports organisations can communicate to stakeholders information about their business models.We investigated how information about business models is explicitly communicated through annual reports, and how this information is reffering to stakeholders. Our paper aims to reveal which stakeholders are more often mentioned when organizations are communicating about business models through annual reports. This approach shows the attention degree given by organizations to stakeholders. We perceived this from a strategic point of view, as a strategic signal. Thus, we considered if the stakeholder is mentioned more frequent in the communicated message it has a greater role in communication strategy about business model. We conducted an exploratory research and have realized a content analysis.The analysed data consist in over a thousand annual reports from 96 organizations. We analysed the informations transmitted by organizations through annual reports. The annual reports were for a time period of 12 years. Most of the selected companies are multi-business, and are operating in different industries. The results show the stakeholder’s hierarchy based on how often they were mentioned in the communicated messages about business models through annual reports. Based on our
Lindgren, Peter; Abdullah, Maizura Ailin
Too many businesses are being marginalized by blind "business model innovations (BMIs)" and simple "BMIs". As documented in previous research (Markides 2008, Lindgren 2012), most businesses perform BMIs at a reactive level i.e. perceiving what the market, customers and network partners might want...... rather than what they actually demand. Few businesses have the ability to proactively lead BMIs and on a strategic level lead BMIs to something that fits the business’s long term perspective (Hamel 2011). Apple, Ryanair, Facebook, Zappo are some businesses that have shown BMI Leadership (BMIL...
Gudiksen, Sune Klok
.) and creativity research (also chance and reversal of perspectives). This research ends by initially concluding and discussing first the nature of the conflicts in the situations and then possible future co-designer roles. In relation to conflicts in business model co-design these are those that arise when people...... in a system, product or service for a particular end-user. In this dissertation, co-design and design games enter a new frontier - business models - and move towards being a part of a broader innovation agenda. The research deals with a double concern: First, the transfer of co-design and the subfield design...... games into business model experimentation to investigate how this might be useful in this new application domain. Second, investigate what can be added to the transferring field co-design, hereunder especially design games. The research into this double concern is conducted through an approach assembled...
Johnson, Peter; Foss, Nicolai Juul
, it is possible to formalize useful notions of a business model, resources, and competitive advantage. The business model that underpins strategy may be seen as a set of constraints on resources that can be interpreted as controls in optimal control theory. Strategy then might be considered to be the...... control variable of firm path, suggesting in turn that the firm’s business model is the codification of the application of investment resources used to control the strategic path of value realization.......This study picks up on earlier suggestions that control theory may further the study of strategy. Strategy can be formally interpreted as an idealized path optimizing heterogeneous resource deployment to produce maximum financial gain. Using standard matrix methods to describe the firm Hamiltonian...
Johnson, Peter; Foss, Nicolai Juul
, it is possible to formalize useful notions of a business model, resources, and competitive advantage. The business model that underpins strategy may be seen as a set of constraints on resources that can be interpreted as controls in optimal control theory. Strategy then might be considered to be the......This study picks up on earlier suggestions that control theory may further the study of strategy. Strategy can be formally interpreted as an idealized path optimizing heterogeneous resource deployment to produce maximum financial gain. Using standard matrix methods to describe the firm Hamiltonian...... control variable of firm path, suggesting in turn that the firm’s business model is the codification of the application of investment resources used to control the strategic path of value realization....
NEGOI Eugen-Remus; SION Beatrice
In managing a business online, it was given crucial importance to research business and increase the visibility of offered products or services, through online social media. Promotional expenses compared to the online business model to those of a traditional business model, decreased significantly. Visibility, as equal opportunity, given the size of a business and lift them in time. A contemporary Romanian online business success is based even so on visibility and social environments on the I...
Full Text Available The business model concept is gaining traction in different disciplines but is still criticized for being fuzzy and vague and lacking consensus on its definition and compositional elements. In this paper we set out to advance our understanding of the business model concept by addressing three areas of foundational research: business model definitions, business model elements, and business model archetypes. We define a business model as a representation of the value logic of an organization in terms of how it creates and captures customer value. This abstract and generic definition is made more specific and operational by the compositional elements that need to address the customer, value proposition, organizational architecture (firm and network level and economics dimensions. Business model archetypes complement the definition and elements by providing a more concrete and empirical understanding of the business model concept. The main contributions of this paper are (1 explicitly including the customer value concept in the business model definition and focussing on value creation, (2 presenting four core dimensions that business model elements need to cover, (3 arguing for flexibility by adapting and extending business model elements to cater for different purposes and contexts (e.g. technology, innovation, strategy (4 stressing a more systematic approach to business model archetypes by using business model elements for their description, and (5 suggesting to use business model archetype research for the empirical exploration and testing of business model elements and their relationships.
Holm, Anna B.; Günzel, Franziska; Ulhøi, John Parm
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...
Vochozka, Marek; Stehel, Vojtěch
Most experts agree that profit is the main goal in business. Real income becomes more preferable. However, profit is only a virtual value, because many companies are not able to collect effectively their receivables. Their business partners do not pay for their liabilities, i. e. they do no pay for the received goods, materials and services. So the companies should implement such a system of prevention that helps them to choose collaborates, which will be able to pay their debts. One of the p...
Environmental sustainability creates both tremendous business opportunities and formidable threats to established companies across virtually all industry sectors. Yet many companies tackle the issue in a superficial or passive way through increased environmental reporting, the use of “greenspeak” in their corporate communication activities or isolated efforts to create green products or reduce pollution. In contrast, there are a small but increasing number of firms that employ a holistic approach to sustainability and consider fundamental changes to their existing business models. By ignoring the opportunities of Green Business Model Transformations, companies exclude themselves from a large variety of potential means to create economic value. In addition to ordinary product and process innovations, they can change “the rules of the game” within an industry towards environmental sustainability. This can facilitate the commercialisation of new green products that would not be competitive otherwise targ...
Alexander Osterwalder; Yves Pigneur
After explaining why business executives and academics should consider thinking about a rigorous approach to e-business models, we introduce a new e-Business Model Ontology. Using the concept of business models can help companies understand, communicate and share, change, measure, simulate and learn more about the different aspects of e-business in their firm. The generic e-Business Model Ontology (a rigorous definition of the e-business issues and their interdependencies in a company’s busin...
Boscan, Luis; Poudineh, Rahmatallah
As intermittent, renewable resources gain more share in the generation mix, the need for power system flexibility increases more than ever. Parallel to this, technological change and the emergence of new players bringing about innovative solutions are boosting the development of flexibility......-enabling business models, adding new activities to the existing supply chain. Ranging from technological to market-based innovation, this chapter reviews the latest developments in these emerging models. The main conclusion is that when flexibility becomes scarce in the system, new players with their innovative...... business models will play an important role in ensuring sufficiency and efficiency of flexibility services....
Appel, Franziska; Musshoff, Oliver
Agent-based models (ABM) are used in many cases of policy assessment in agriculture. But the behavioural assumptions of these models consider farmers as myopic optimizing profit maximizers. In this contribution we compare the behaviour of myopic computer agents with the behaviour of students playing a multi period business management game. We aim to answer the question, how far are agent-based models valid to map “real” human behaviour, so that ABM can be used well for policy impact assessmen...
Hadar, Ronen; Bilberg, Arne; Bogers, Marcel
Digital fabrication — including additive manufacturing (AM), rapid prototyping and 3D printing — has the potential to revolutionize the way in which products are produced and delivered to the customer. Therefore, it challenges companies to reinvent their business model — describing the logic of c...... effectively takes over the productive activities of the manufacturer. We discuss some of the main implications for research and practice of consumer-centric business models and the changing decoupling point in consumer goods’ manufacturing supply chains....... of creating and capturing value. In this paper, we explore the implications that AM technologies have for manufacturing systems in the new business models that they enable. In particular, we consider how a consumer goods manufacturer can organize the operations of a more open business model when moving from...... a manufacturer-centric to a consumer-centric value logic. A major shift includes a move from centralized to decentralized supply chains, where consumer goods manufacturers can implement a “hybrid” approach with a focus on localization and accessibility or develop a fully personalized model where the consumer...
Heidari, F.; Loucopoulos, P.; Brazier, F.M.
Business process modelling languages facilitate presentation, communication and analysis of business processes with different stakeholders. This paper proposes an approach that drives specification and measurement of quality requirements and in doing so relies on business process models as representations of business processes. The approach is presented in the form of a conceptual model and its application is demonstrated for a simplified version of a business process. However, communication ...
Lindgren, Peter; Saghaug, Kristin Margrethe
When practicing business model (BM) innovation releasing intellectual capital (IC) strategically from SME´s BMs through the innovation process can be extremely difficult and complex to carry out especially to small and medium size enterprises (SME). There are so many opportunities and resources in...... SME´s Intellectual Capital – but how to release them?...
Decker, Arnim; Riddle, Liesl; Lucas, Steven
Our paper investigates the modes of business model innovation (BMI) that transna-tional entrepreneurs pursue when operating in emerging economy context. Drawingon a sample of 32 African diaspora entrepreneurs, we investigate how entrepreneurs leverage transnational social networks to adapt busine...
Robert Flowers; Charles Edeki
Models as representations of real world entities may appear to the novice to be an unnecessary abstraction. Indeed, in small organizations where there are relatively few processes, there is little need to abstract activities. When it comes to large organizations, with hundreds or thousands of processes, thecreation of models becomes an essential activity. Even if the process itself does not change in the form of new process re-engineering efforts or new applications, there are new employees a...
Hienerth, Christoph; Keinz, Peter; Lettl, Christopher
Recent advances in information and communication technologies have allowed companies to interact with external stakeholders, especially users, in a very efficient and effective way. As a result, more and more companies are striving to take advantage of these new opportunities and to harness the creative potential of their users by integrating them into core business processes. Successful companies like Threadless or Dell, which were designed to allow user innovation and co-creation from the o...
Jörg Becker; Philipp Bergener; Michael Räckers
The traditional way of budgeting in public administrations is input-oriented; however, this system does not meet actual methods of efficient budget controlling as a mapping of output parameters. Due to challenges, such as the need for cost reduction because of decreasing tax revenues, pressure for controlling mechanisms is rising. Furthermore, Europe Pan-European directives foster process harmonization and introduction of IT-supported and optimized business processes in the public sector. In ...
Vasilecas, Olegas; Smaizys, Aidas; Brazinskas, Ramunas
Intelligent information systems are acting by structured rules and do not deal with possible impact on the business environment or future consequences. That is the main reason why automated decisions based on such rules cannot take responsibility and requires involvement or approval of dedicated business people. This limits decision automation possibilities in information systems. However, business rules describe business policy and represent business logics. This can be used in intelligent information systems, together with risk assessment model to simulate real business environment and evaluate possible impact of automated decisions, to support intelligent decision automation. The chapter proposes risk and business rule model integration to provide full intelligent decision automation model used for business rule enforcement and implementation into intelligent software systems of information systems.
Karabach A. E.
Full Text Available Semantic technologies provide existence of a certain abstraction layer over available information to technologies which allows realizing communication of data, semantics and processes executed in distributed environment. Development of these technologies will allow creating the unified representation of SWS in a wide range of applications, to find precisely necessary information, to simplify intra firm integration and integration of network applications in distributed environment. The article defines the semantic specification SWS, the tools for creating ontological Web services (SWS and Web services (WS at the conceptual level, defined requirements and assets of services composition. The architecture of SWS of applications, assets for deployment and execution of SWS by coordination of a flow of operations, network agents is described. It also considers the role of agents in creation and implementation service - the oriented applications, and also distinction between services and agents. Furthermore, the system architecture of integration of SWS with use of a multiagentny flow of operations is shown in article. It inspects the interaction between service and process agents with web services and distributed resources. In the article we have highlighted the advantages of the standard workflow management, portability and interoperability, strict formalization of the process description workflow and versatility. Based on the process of service composition using agent-based approach we have presented the future model of adaptive service composition based on the interaction of agents considered and architecture of multi-agent coordination. Step through the process of presenting service using agent-oriented approach was emphasized. On the basis of the process of service composition using agent-based approach we have presented the structure of the future model of adaptive service composition. Process of representation of service with use the agent
Sharan, Alok D; Schroeder, Gregory D; West, Michael E; Vaccaro, Alexander R
The increasing focus on the costs of care is forcing health care organizations to critically look at their basic set of processes and activities, to determine what type of value they can deliver. A business model describes the resources, processes, and cost assumptions that an organization makes that will lead to the delivery of a unique value proposition to a customer. As health care organizations are beginning to transform their structure in preparation for a value-based delivery system, understanding business model theory can help in the redesign process. PMID:27018909
Business processes are key corporate assets both generating and requiring knowledge. During business process modeling phase in order to create an accurate and realistic process model a business process analyst requires existing business process knowledge embedded in internal organizational resources such as documentation and other software artifacts as well as in external resources such as legal documents repositories, standards, regulations and business process frameworks. The aim of this re...
To avoid payment risks, 5 widely used payment terms in international trade practice are analyzed quantitatively. The final choice of a payment term in export business is a representation of the transactional 'Win-Win' principle as well as moderate compromises made by importer and exporter between self-protection and acceptability to the other party. The initial assessment is conducted first on decision-makers preference and understanding of possible results of each objective. Then, aggregated preference relations are obtained by weighting each objective as per its relative importance and calculating preference indicators. Finally, ranking is made according to the preference indicators.
Holm, Anna B.
Within this study, I have analysed emerging business models in the newspaper industry at large, including the role ongoing technological developments play (from paper-based towards digital platforms), and the key activities, which the newspapers undertake in redefining their core business model....... More specifically, I discuss how changes introduced during the on-going development of new content delivery channels have affected the traditional business model based on one delivery channel, i.e. printed newspaper....
Nourani, Cyrus F.; Lauth, Codrina
New optimality principles are put forth based on competitive model business planning. A Generalized MinMax local optimum dynamic programming algorithm is presented and applied to business model computing where predictive techniques can determine local optima. Based on a systems model an enterprise...... is not viewed as the sum of its component elements, but the product of their interactions. The paper starts with introducing a systems approach to business modeling. A competitive business modeling technique, based on the author's planning techniques is applied. Systemic decisions are based on common...... organizational goals, and as such business planning and resource assignments should strive to satisfy higher organizational goals. It is critical to understand how different decisions affect and influence one another. Here, a business planning example is presented where systems thinking technique, using Causal...
Mansmann, Svetlana; Neumuth, Thomas; Scholl, Marc H.
The emerging area of business process intelligence attempts to enhance the analytical capabilities of business process management systems by employing data warehousing and mining technologies. This paper presents an approach to re-engineering the business process modeling in conformity with the multidimensional data model. Since the business process and the multidimensional model are driven by rather different objectives and assumptions, there is no straightforward solution to converging these models.
O Riordan, Niamh; O'Reilly, Philip; Duane, Aidan; Andreev, Pavel
Recent years have seen an explosion in the number of academic and practitioner-oriented publications on business models and business model innovation. Indeed, companies that traditionally focused on product and service innovation, are turning toward business model innovation as an alternative orcomplement to product or process innovation. Nevertheless, companies struggle to innovate the business models through which commercialisable new ideas and technologies will pass. At the same time, the ...
Tatiana Gavrilova; Artem Alsufyev; Anna-Sophia Yanson
Information overflow and dynamic market changes encourage managers to search for a relevant and eloquent model to describe their business. This paper provides a new framework for visualizing business models, guided by well-shaped visualization based on a mind mapping technique introduced by Tony Buzan. The authors’ approach amplifies Alexander Ostervalder’s ideas on the new level of abstraction and well-structured description of business models. It also seeks to simplify the Osterwalder model...
Filipova, Nadezhda; Filipov, Filcho
The compact and visualized documenting of information business modeling is a major prerequisite for comprehending its basic concepts, as well as for its effective application and improvement. The documenting of this process is related to its modeling. Thus, the process of information business modeling can be represented by its own tools. Being based on this thesis, the authors suggest an approach to representing the process of information business modeling. A profile for its d...
Sivard, Gunilla; Lindberg, Lars; Shariatzadeh, Navid
Increasingly complex products and business models require support of increasingly complex information. In this paper we propose a new approach BIC, Business Information Context, to define contexts for accessing, viewing, and managing this complex information. BIC structures information based on key domains: business drivers, business processes, information entities, product characteristics, and information systems. We compare BIC with other and simpler approaches, like views and contexts used...
CERN. Geneva; Bjørnshauge, Lars
Those setting up, or planning to set up, a digital repository may be interested to know more about what has gone before them. What is involved, what is the cost, how many people are needed, how have others made the case to their institution, and how do you get anything into it once it is built? I have recently undertaken a study of European repository business models for the DRIVER project and will present an overview of the findings.
In the past decades, organizations had to face numerous challenges due to intensifying globalization and internationalization, shorter innovation cycles and growing IT support for business. Business process management is seen as a comprehensive approach to align business strategy, organization, controlling, and business activities to react flexibly to market changes. For this purpose, business process models are increasingly utilized to document and redesign relevant parts of the organization...
Davis, Stan; Botkin, Jim
Economic growth will come from knowledge-based businesses whose "smart" products filter and interpret information. Businesses will come to think of themselves as educators and their customers as learners. (SK)
Mansmann, Svetlana; Neumuth, Thomas; Scholl, Marc H.
The emerging area of business process intelligence attempts to enhance the analytical capabilities of business process management systems by employing data warehousing and mining technologies. This paper presents an approach to re-engineering the business process modeling in conformity with the multidimensional data model. Since the business process and the multidimensional model are driven by rather different objectives and assumptions, there is no straightforward solution to converging thes...
Vilanova Ros, Maria
The aim of this thesis is the synthesis of the existing literature and bring together the views and knowledges of various authors about the business models. It is increasingly common to hear about business models, especially in the business world. Everybody talks about business model innovation and competitive advantage, but there is still no common definition. The explanation is little research in this area and a lack of consensus. The thesis is divided into three different...
Pandit Nirali; Chari Vijaylaxmi
Business development model innovation is perceived as a way to not just grow profit but also as a way to avert threats from competitors. Business development model innovation is a natural evolution process, recognizing that change is inevitable and is needed once a business model has run its planned course. Therefore, in pursuit of growth, entrepreneurs make major structural changes, collapsing organizational boundaries and leveraging resource procurement from abroad. For centuries, business ...
Jokela, Päivi; Elo, Maria
Social ventures represent a new type of organization that aim to create sustainable social value, such as promoting the well-being of communities and their existence is based on developing solutions to tackle complex social problems. Developing a suitable business model for a social venture is crucial because the right model with a sustainable value offering in its core can support the venture and direct it toward self-sustainability and competitiveness. Research on social...
Enzmann, Dieter R; Schomer, Donald F
As health care moves to value orientation, radiology's traditional business model faces challenges to adapt. The authors describe a strategic value framework that radiology practices can use to best position themselves in their environments. This simplified construct encourages practices to define their dominant value propositions. There are 3 main value propositions that form a conceptual triangle, whose vertices represent the low-cost provider, the product leader, and the customer intimacy models. Each vertex has been a valid market position, but each demands specific capabilities and trade-offs. The underlying concepts help practices select value propositions they can successfully deliver in their competitive environments. PMID:23245438
Singer, Robert; Kotremba, Johannes; Raß, Stefan
We discuss a fully featured multienterprise business process plattform (ME-BPP) based on the concepts of agent-based business processes. Using the concepts of the subject-oriented business process (S-BPM) methodology we developed an architecture to realize a platform for the execution of distributed business processes. The platform is implemented based on cloud technology using commercial services. For our discussion we used the well known Service Interaction Patterns, as they are empirically...
J A Duran-Encalada; A Paucar-Caceres
We propose a System Dynamics model to explain the implementation and development of business sustainable policies at Petroleos Mexicanos (Pemex). The model is built using information reported by this company on the Global Reporting Initiative website. The simulation model incorporates the participation and expectations of internal and external stakeholders in defining sustainability (as perceived by the organization) and implementing its initiatives. Three variables (leadership, stakeholder m...
Tatiana, Gavrilova; Artem, Alsufyev; Anna-sophia, Yanson
Information overf low and dynamic market changes encourage managers to search for a relevant and eloquent model to describe their business. This paper provides a new framework for visualizing business models, guided by wellshaped visualization based on a mind mapping technique. Due to the simplicity of perception, this approach has a positive impact on managers and employees’ understanding of companies’ business models and promotes a productive exchange of ideas and knowledge. The mindmapping...
Along with the emergence of phenomena such as value co-creation, firm networks, and open innovation, open business models have achieved growing attention in research. Scholars from different fields use the open business model, largely without providing a definition. This has led to an overall lack of clarity of the concept itself. Based on a comprehensive review of scholarly literature in the field, commonalities and differences in the perceived nature of the open business model are carved ou...
Diana Chroneer; Jeaneth Johansson; Malin Malmstrom
Business model management is critical in the development of business models aimed to launch innovations and generate high venture performance. This study presents the use of personal construct theory and the repertory grid methodology, a new technique to explore central factors in entrepreneurs’ business model management. We identify typologies for business model management and underlying logics of these typologies. The study advances the business model literature in several ways. First it co...
Druhmann, Carsten; Hohenberg, Gregor
The discussion on economically sustainable business models with respect to information technology is lacking in many aspects of proven approaches. In the following contribution the economic viability is valued based on a procedural model for design and evaluation of e-learning business models in the form of a case study. As a case study object a…
This paper presents the business models of small-scale heat energy production in Finland. Firstly, the development of heat entrepreneurship in the country is presented, including the remarkable growth of small and medium size enterprises (SMEs) in the last 15 years. Secondly, the concept of business model (business architecture of product/service flows and earning logics) is modified to the framework of wood heat production. The business model concept, and its sub-concepts, is applied in a brief review of current heat energy businesses in Finland. We arrive at a business model of heat entrepreneurships that are public companies/utilities, public-private partnerships, private companies and cooperatives, Energy Saving Company (ESCO), network model of large enterprise and franchising. Descriptive cases of these models are presented. Finally, the paper concludes with a discussion on the applicability of the business models in different operational environments and geographical contexts.
BENJAMIN AMSHOFF; CHRISTIAN DÜLME; JULIAN ECHTERFELD; JÜRGEN GAUSEMEIER
Companies nowadays face a myriad of business opportunities as a direct consequence of manifold disruptive technology developments. As a basic characteristic, disruptive technologies lead to a severe shift in value-creation networks giving rise to new market segments. One of the key challenges is to anticipate the business logics within these nascent and formerly unknown markets. Business model patterns promise to tackle this challenge. They can be interpreted as proven business model elements...
López Cuesta, Lidia; Franch Gutiérrez, Javier
Increasing adoption of Open Source Software (OSS) in information system engineering has led to the emergence of different OSS business strate-gies that affect and shape organizations’ business models. In order to obtain the specific organizational model for a concrete organization that is adhering to a specific OSS business strategy, we need to instantiate the general knowledge included in this business strategy. This paper describe the process in which this general knowledge is instantiated ...
Meertens, Lucas Onno
This thesis proposes a methodology for creating business models, evaluating them, and relating them to enterprise architecture. The methodology consists of several steps, leading from an organization’s current situation to a target situation, via business models and enterprise architecture. Currently, increasing amounts of businesses rely on IT systems to do their business. However, success rates of IT implementations projects are low. Difficulties exist in aligning existing IT systems with b...
Bogataj, Kristina; Pucihar, Andreja; Sudzina, Frantisek
The paper presents a proposed research framework for identification of business model elements impacting Cloud Computing Adoption. We provide a definition of main Cloud Computing characteristics, discuss previous findings on factors impacting Cloud Computing Adoption, and investigate technology...... adoption theories, such as Diffusion of Innovations, Technology Acceptance Model, Unified Theory of Acceptance and Use of Technology. Further on, at research model for identification of Cloud Computing Adoption factors from a business model perspective is presented. The following business model building...
Andersen, Maj Munch
The literature on ‘green business models’ is rapidly developing these years. This paper suggests that much existing work on green business models lacks a deeper theoretical understanding of eco-innovation and the green economy. The paper forwards an evolutionary economic perspective on green...... business models. This perspective departs in important ways from other approaches to green business models the implications of which are sought clarified and discussed in the paper. The paper argues for the need to link up green business model innovation to aggregate green economic change. The paper posits...... that the greening of the economy has reached such a stage of maturity where a generic ‘green business model’ is apparent. The paper points to eight characteristics of eco-innovation on the basis of which key changes to the business model are identified and schematised for the different stages of the...
Liliek Soeprijadi; Endang Yuli; Edi Susilo; Rudianto Rudianto
The purpose of this study was to analyze the effect of public capital fishing, fish processing business and micro-business skills to the programs and activities of the agency joint venture (KUB) coastal fishing town of Cirebon: to analyze the effect of public capital fishing, fish processing business and micro-enterprise skills through the agency the joint venture (KUB) fisherman exchange coastal fishing town of Cirebon: to analyze the effect of public capital fishing, fish processing busines...
generating profits. At the early stage, it is important to adapt the business model to the ability to create value for shareholders by actively searching for the optimal configuration of the business model. Here a component approach to making rapid changes in the structure of the business model is essential. The business model of mature companies is based on assumptions ensuring the long-term viability of the business and is holistic in nature. When the company moves from the stage of early development to the maturity stage, business models change in such a way that the assumptions of the Triple Bottom Line concept become increasingly important, as expressed in the joint implementation of Corporate Social Responsibility and Value-Based Management assumptions. At the early stage of development, the business model strengthens the need to create value for shareholders and is not as dependent on strong partnerships with a large number of stakeholders. At the maturity stage, it is important to balance the objectives of all stakeholders and to build long-term relationships with them. As regards relationships with the environment, business models at these two stages are different. The paper presents research on the business models of companies at their early stage of development as well as mature companies, taking into consideration the assumptions of the Sustainable Business Model.
Disclosure of information on strategies, business models, critical success factors, risk factors and value drivers in general has gained importance in recent years. Both policy makers and academics have argued that the demand for external communication of new types of value drivers is rising as companies increasingly base their competitive strengths and thus the value of the company on know-how, patents, skilled employees and other intangibles. In parallel with the focus on disclosure of valu...
Mair, Johanna; Schoen, Oliver
Although social entrepreneurial organizations have begun to receive more scholarly attention, we still know relatively little about how they are able to create both social and economic value. This paper presents a comparative case analysis of three social entrepreneurial organizations, based in Bangladesh, Egypt and Spain, whose success has been widely recognized. Analysis of these organizations' business models reveals common patterns: in their use of strategic resources, in their value netw...
Pomykalski, James J.; Dion, Paul; Brock, James L.
In this study, the authors developed a structural equation model that accounted for 79% of the variability of a student's final grade point average by using a sample size of 147 students. The model is based on student grades in 4 foundational business courses: introduction to business, macroeconomics, statistics, and using databases. Educators and…
Fleisch, Elgar; Weinberger, Markus; Wortmann, Felix
This article provides theoretically and practically grounded assistance to companies that are todayengaged primarily in non?digital industries in the development and implementation of business models that use the Internet of Things. To that end, we investigate the role of the Internet in business models in general in the first section. We conclude that the significance of the Internet in business model innovation has increased steadily since the 1990s, that each new Internet wave has given ri...
There is a lack of dedicated tools for business model design at a strategic level. However, in today's economic world the need to be able to quickly reinvent a company's business model is essential to stay competitive. This research focused on identifying the functionalities that are necessary in a computer-aided design (CAD) tool for the design of business models in a strategic context. Using design science research methodology a series of techniques and prototypes have been designed and eva...
Taran, Yariv; Boer, Harry; Lindgren, Peter
) innovation is a risky enterprise, many companies are still choosing not to apply any risk management in the BM innovation process. The objective of this paper is to develop a better understanding of how risks are handled in the practice of BM innovation. An analysis of the BM innovation experiences of two...... industrial companies shows that both companies are experiencing high levels of uncertainty and complexity during their innovation processes and are, consequently, struggling to find new processes for handling the risks involved. Based on the two companies’ experiences, various testable propositions are put......Companies today, in some industries more than others, invest more capital and resources just to stay competitive, develop more diverse solutions, and increasingly start thinking more radically when considering their business models. However, despite the understanding that business model (BM...
Peer-to-Peer (P2P) computing represents the next revolution in the computing age. Web Services standardization will provide the means for P2P architecture to be broadly adopted by companies for enterprise and business-to-business application integration.
Holm, Anna; Ulhøi, John Parm
The newspaper industry is presently under pressure in at least two important ways. First, their previous business models, based on paper-based newspapers, subscription fees and sales of advertising space are threatened by new internet-based technologies. Second, the hitherto monopoly held by the...... traditional profession behind the production of news – the journalists – is challenged by the emergence of new social movements providing fast and free news, often available directly in the making. This paper discusses the emergence of online publication of news and associated innovation activities undertaken...... situation. The data were collected during 2010-2011. Before closing, the paper is addressing implications for future research and practice....
Rosen, Alex R; Littman-Quinn, Ryan; Kovarik, Carrie L; Lipoff, Jules B
Effective business models for teledermatology must be implemented to make the practice a feasible option for dermatologists to deliver care. This study sought to detect and report types of teledermatology business models in practice. We interviewed 19 private and academic dermatologists who have been reimbursed for teledermatology services. Most respondents described teledermatology business models fitting 4 categories-standard fee-for-service reimbursement from insurance, capitated service contracts, per-case service contracts, and direct to consumer-which are described in this article. We also anticipate new teledermatology business models will be needed as technology and insurance reimbursements evolve. PMID:27163914
Full Text Available Business model management is critical in the development of business models aimed to launch innovations and generate high venture performance. This study presents the use of personal construct theory and the repertory grid methodology, a new technique to explore central factors in entrepreneurs’ business model management. We identify typologies for business model management and underlying logics of these typologies. The study advances the business model literature in several ways. First it contributes with visualisation of entrepreneurs’ business model management and hence adds dimension of business model management. Second, theories and methods from cognitive psychology contribute to the literature with new knowledge on business model management. Repertory grid methodology, developed from Personal construct theory, enable identification of entrepreneurial cognitions of business models. Through 11 semi-structured interviews with serial entrepreneurs in the mobile service sector, this paper contributes with a framework that advances the business model literature by identifying business model management strategies and its defining features. Three categories are identified including six types of business model management strategies for navigating management of business models. The identified categories are: 1 “Comprehensive management” characterized by various levels of complexity, uncertainty, and variation, 2 “Risk management” characterized by various types of risks e.g. business, financial and social, and 3 “Resource management” characterized of various types of capital; e.g. financial, social, human, and innovation. The business model management typologies may assist entrepreneurs to reflect on their business model design and management. This study suggests that the repertory grid technique may be useful in understanding business model management.
Y Narahari; C V L Raju; K Ravikumar; Sourabh Shah
Dynamic pricing is the dynamic adjustment of prices to consumers depending upon the value these customers attribute to a product or service. Today’s digital economy is ready for dynamic pricing; however recent research has shown that the prices will have to be adjusted in fairly sophisticated ways, based on sound mathematical models, to derive the beneﬁts of dynamic pricing. This article attempts to survey different models that have been used in dynamic pricing. We ﬁrst motivate dynamic pricing and present underlying concepts, with several examples, and explain conditions under which dynamic pricing is likely to succeed. We then bring out the role of models in computing dynamic prices. The models surveyed include inventory-based models, data-driven models, auctions, and machine learning. We present a detailed example of an e-business market to show the use of reinforcement learning in dynamic pricing.
Full Text Available In modern market conditions, sustainable and effective management of main manufacturers, suppliers and customer relationship is a necessity for competitiveness. Suppliers must satisfy customers’ expectations such as cost minimization, quality maximization, improved flexibility and achieved deadlines; which is also required for systematic management of products, work and environmental safety. The supplier selection process is consistently getting more complicated by the effect of increasing amount of suppliers and supplier selection criteria. Supplier selection decisions which take an important role in efficient supplier management will be more consistent by the application of decision making models which integrate the quantitative and qualitative evaluation factors. In this study, a dynamic process is designed and modeled for supplier selection. For this purpose, evaluation criteria are established according to the Balanced Scorecard perspectives, system sustainability and safety requirements. Fuzzy Analytic Hierarchy Process method is used for evaluating the importance of supplier selection criteria. A utility range-based interactive group decision making method is used for the selection of the best supplier. In order to test the proposed model, a representative from airport operation sector is selected. Finally, it is revealed that the application of the proposed model generates consistent results for supplier selection decisions.
The defects of two popular e - business models were analyzed and the needs of current Chinese companies were investigated. A new B2B e - business model was proposed on basis of P2P. It is a beneficial supplement to the existed models and feasible for e-business in China. The P2P- based e- business model and its characteristics,including its structure of the system,market establishment, working process and key technologies, were discussed in detail.%分析了目前常用的两种电子商务模式存在的问题,以及我国国情下企业对电子商务的特殊需求,提出了基于P2P的电子商务模型,该模型是对现有电子商务模式的补充,是我国电子商务的一种可行方案.详细论述了基于P2P的电子商务模型和性能特点,包括其体系结构、市场建立、工作过程及关键技术.
Belouadha, Fatima-Zahra; Omrana, Hajar; Roudiès, Ounsa
In a global business context with continuous changes, the enterprises have to enhance their operational efficiency, to react more quickly, to ensure the flexibility of their business processes, and to build new collaboration pathways with external partners. To achieve this goal, they must use e-business methods, mechanisms and techniques while capitalizing on the potential of new information and communication technologies. In this context, we propose a standards, model and Web services-based ...
Full Text Available Value creation and value capture are central to technology entrepreneurship. The ways in which a particular firm creates and captures value are the foundation of that firm's business model, which is an explanation of how the business delivers value to a set of customers at attractive profits. Despite the deep conceptual link between business models and technology entrepreneurship, little is known about the processes by which technology entrepreneurs produce successful business models. This article makes three contributions to partially address this knowledge gap. First, it argues that business model discovery by technology entrepreneurs can be, and often should be, disciplined by both intention and structure. Second, it provides a tool for disciplined business model discovery that includes an actionable process and a worksheet for describing a business model in a form that is both concise and explicit. Third, it shares preliminary results and lessons learned from six technology entrepreneurs applying a disciplined process to strengthen or reinvent the business models of their own nascent technology businesses.
Full Text Available With a steady increase of regulatory requirements for business processes, automation support of compliance management is a field garnering increasing attention in Information Systems research. Several approaches have been developed to support compliance checking of process models. One major challenge for such approaches is their ability to handle different modeling techniques and compliance rules in order to enable widespread adoption and application. Applying a structured literature search strategy, we reflect and discuss compliance-checking approaches in order to provide an insight into their generalizability and evaluation. The results imply that current approaches mainly focus on special modeling techniques and/or a restricted set of types of compliance rules. Most approaches abstain from real-world evaluation which raises the question of their practical applicability. Referring to the search results, we propose a roadmap for further research in model-based business process compliance checking.
Casadesus-Masanell, Ramon; Ricart, Joan E.
The notion of business model has been used by strategy scholars to refer to "the logic of the firm, the way it operates and how it creates value for its stakeholders." On the surface, this notion appears to be similar to that of strategy. We present a conceptual framework to separate business model from strategy. Business model, we argue, is a reflection of the firm's realized strategy. We find that in simple competitive situations there is a one-to-one mapping between strategy and business m...
Nielsen, Christian; Lund, Morten
relevant to analyze or communicate about will differ from firm to firm. Therefore, this chapter focuses on the business model as the integrating concept for reporting and analysis of strategic types of information on e.g. management strategies, critical success factors, risk factors and value drivers.......The problem – as well as the prospect – with business models is that they are concerned with being different; as business in general thrives on some sort of unique selling point. So the bundle of indicators on value creation, business models, strategy, intellectual capital, and so on, which will be...
Alexander Osterwalder; Mathias Rossi; Minyue Dong
The Business Model Handbook (BMH) for developing countries is a proposition for a tool that has the goal to help Small and Medium Sized Enterprises (SME) and local entrepreneurs to design business models that use Information and Communication Technologies (ICT) and particularly the Internet in the context of developing economies. It shall help to develop the urgently needed critical mass of knowledge workers, technology users, and motivated entrepreneurs in order to deploy ICT in businesses o...
Marta Káradóttir 1987
This MSc thesis seeks to uncover the fundamental key success factors, which new ventures or startups acquire to creating innovative business models. In particular the sector under investigation is design retailing, a B2B and B2C selling plan of design goods. The study aims to identify and analyse successful strategic approaches to the latter, more significantly how can new ventures achieve a sustainable business model. This subject is particularly relevant and significant for future business ...
This paper discusses design and implementation method of BusinessAppl ication Framework based on software patterns, and then presents MVC pattern of a rchitecture and the method of dynamical update promulgation for Business Applica tion Framework. We discuss adaptation of Abstract Factory for the kern el functionality of Business Application Framework, such as data creation, manip ulation, composition, etc. It also presents class model and its class st ructure of Abstract Factory pattern. Finally, we briefly discuss the update, mod ification, and reconstruction method of Business Application Framework.
Full Text Available The essence of process-oriented enterprise management has been examined in the article. The content and types of information technology have been analyzed in the article, due to the complexity and differentiation of existing methods, as well as the specificity of language, terminology of the enterprise business processes modeling. The theoretical aspects of business processes modeling have been reviewed and the modern traditional modeling techniques received practical application in the visualization model of retailers activity have been studied in the article. In the process of theoretical analysis of the modeling methods found that UFO-toolkit method that has been developed by Ukrainian scientists due to it systemology integrated opportunities, is the most suitable for structural and object analysis of retailers business processes. It was designed visualized simulation model of the business process "sales" as is" of retailers using a combination UFO-elements with the aim of the further practical formalization and optimization of a given business process.
The analysis of the potential of emerging innovative technologies calls for a systems-theoretic approach that takes into account technical as well as socio-economic factors. This paper reports the main findings of several business case studies of different future applications in various countries of distributed power generation technologies, all based on a common methodology for networked business modeling and analysis. (author)
Sund, Kristian J.; Villarroel, Juan Andrei; Bogers, Marcel
organizational (re)design aspects inherent to business model innovation is still very incomplete. In this study, we investigate the organizational (re)design challenges for incumbent organizations in mature industries when they need to reinvent their business model in reaction to disruptive changes in their...
Waldner, Florian; Poetz, Marion; Grimpe, Christoph;
What makes firms innovate their business models? Why do they engage in innovating how they create, deliver, and capture value? And how does such innovation translate into innovation performance? Despite the importance of business model innovation for achieving competitive advantage, existing evid...
DataCite provides persitent identifiers, especially DOIs for research data. What is the Business Model for DataCite and it's members? How to run international research infrastructures?......DataCite provides persitent identifiers, especially DOIs for research data. What is the Business Model for DataCite and it's members? How to run international research infrastructures?...
How can entrepreneurs develop business models for markets in which the technology is constantly changing – or create business models for markets that do not exist? These are fundamental questions for information technology (IT) entrepreneurs, and for information systems (IS) scholars who seek to develop a theoretical understanding of business models. The case study presented in this paper addressed these questions, demonstrating how a small software firm developed its business ...
Lien, Nguyen Thi Hoang
Since Vietnam became an official member of WTO in 2006, enterprises need to pay attention and invest in their management capacities in order to build robust strategies and improve their competitive advantage. The application of self-assessment (SA), an advanced management tool, based on a business excellence model (BEM) has been recognised as improving organisational performance by providing a referenced framework and a common language to direct organisations’ focus on improvement and to assi...
Full Text Available The problem of the effective industrial enterprises' management technique is sharply arises under the indefinite and depressive conditions of the Ukrainian economy. However, the modeling scenarios of enterprises' development may become the main sign of the effective management, which defines the novelty of the research.Business processes modeling is studied by a great number of scientists, but the author of the research considers that little attention is paid tothe business processes modeling systematization, and the role ofenterprises' business processes reengineering modeling.The use of system tools of BPR (Business Processes Reengineering modeling may help solving a lot of problems which arise in the course of manufacturing process. Its main goal is business processes' structure documentation.Attention should also be paid to the business processes modeling imitation which helps to define the optimal or non-optimal state of enterprise development during the conducting of reengineering business processes.The modeling of business processes reengineering (RBP will increase the RBP quality, minimize its risk, lead the company out to a new enterprise development level and adapt enterprise to modern market conditions.
Wombacher, Andreas; Fankhauser, Peter; Mahleko, Bendick; Neuhold, Erich
Web services have a potential to enhance B2B ecommerce over the Internet by allowing companies and organizations to publish their business processes on service directories where potential trading partners can find them. This can give rise to new business paradigms based on ad-hoc trading relations a
Full Text Available The dynamics of change in modern business create new mechanisms for company management to determine their pursuit and the achievement of their high performance. This performance maintained over a long period of time becomes a source of ensuring business continuity by companies. An ontological being enabling the adoption of such assumptions is such a business model that has the ability to generate results in every possible market situation and, moreover, it has the features of permanent adaptability. A feature that describes the adaptability of the business model is its scalability. Being a factor ensuring more work and more efficient work with an increasing number of components, scalability can be applied to the concept of business models as the company’s ability to maintain similar or higher performance through it. Ensuring the company’s performance in the long term helps to build the so-called sustainable business model that often balances the objectives of stakeholders and shareholders, and that is created by the implemented principles of value-based management and corporate social responsibility. This perception of business paves the way for building hybrid organizations that integrate business activities with pro-social ones. The combination of an approach typical of hybrid organizations in designing and implementing sustainable business models pursuant to the scalability criterion seems interesting from the cognitive point of view. Today, hybrid organizations are great spaces for building effective and efficient mechanisms for dialogue between business and society. This requires the appropriate business model. The purpose of the paper is to present the conceptualization and operationalization of scalability of sustainable business models that determine the performance of a hybrid organization in the network environment. The paper presents the original concept of applying scalability in sustainable business models with detailed
Karabatak, Pinar; Ndobegang, Anyinke Nkongtendem; Amankwaah, Kingsley Kwabena
E-business modeling is a concept that has several components and can be designed based on different combinations of them. Furthermore, it is a concept that is vulnerable to changes as it is associated with technology, which is developing rapidly day by day. By con-ducting this research on 1) how the companies are managing changes in a competitive envi-ronment by means of adjusting their e-business models, and 2) if there are any compo-nent(s) of e-business model(s) that has more importance th...
Full Text Available The present study aims to analyze the current global context to capture the characteristics of the new type of volatile and turbulent business environment in which companies must operate nowdays and to bring some propositions in order to guide managers in designing or redesigning business models to achieve flexibility. The central message of this paper, that is a point of view one, is that, nowdays but also in the future, business models that are based on strategic, organizational and operational flexibility and on reaction speed will be those who will provide the greatest capacity to respond to change. Even if the international theory provides a multiple perspective analysis of business model concept, still how it can be achieved such flexibility remains an open issue in the academic debate, but also in the practice of companies. Thus, the paper contains some propositions in order to guide managers in the process of designing or redesigning the business model.
Gromoff, Alexander; Kazantsev, Nikolay; Ponfilenok, Mikhail; Stavenko, Julia
Nowadays there are various views on the future of business architecture. On the one hand, it’s getting strongly influenced by IT: information flows are growing rapidly and walls between the departments or even sub-companies are dissolving or at least start to fade. On the other hand, business architecture incumbents are not often ready for quick e-transformations due to their silos: inner friction, employees and “as-is” processes. The scope of the new range of architecture seems to be an inte...
Vargas Chevez, Norman
A number of attempts have been made to define strategic business and information technology (IT) alignment; several representations of what it is are available in academic and practitioners’ fields. The literature suggests that firms need to achieve strategic business and IT alignment to be competitive. Strategic business and IT alignment impact business performance and IT effectiveness. We propose a unified strategic business and IT alignment model based on four strategic business and IT ali...
Gudiksen, Sune Klok; Smed, Søren Graakjær; Poulsen, Søren Bolvig
companies automatically get a higher prize when offering an experience setting to the customer illustrated by the coffee example. Organizations that offer experiences still have an advantage but when an increasing number of organizations enter the experience economy the competition naturally gets tougher...... innovation. This paper combines state of the art literature with two case studies and two action research based workshops to address these questions. It presents a new experience economy research agenda as well as guidelines on how to combine these two areas, where the design of business models can be a new...
It may seem controversial that open-source software (OSS), i.e. software created by voluntary contributions that is available to use, change, and distribute for free, can be utilized for business purposes. Yet, for some firms, commercial OSS software products are the primary source of revenue. In this thesis, these companies are referred to as OSS vendors. Although some OSS vendors have existed for more than thirty years, how they conduct their business has not been extensively studied. Busin...
Popovič, Aleš; Turk, Tomaž; Jaklič, Jurij
With advances in the business intelligence area, there is an increasing interest for the introduction of business intelligence systems into organizations. Although the opinion about business intelligence and its creation of business value is generally accepted, economic justification of investments into business intelligence systems is not always clear. Measuring the business value of business intelligence in practice is often not carried out due to the lack of measurement methods and resourc...
IT planning becomes more and more important with the information system deeply used in company. In order to make the IT planning more easy and effective, this papar first describes the principal of the Component Business Model which is addressed by IBM, then brings out a method on how to take the IT planning based on Component Business Model.%随着信息系统在企业中应用的深入,IT规划也被越来越多企业所重视,为更有效做好IT规划,本文通过介绍IBM所提出的组件化业务模型的原理,进而探讨了如何基于组件化业务模型进行企业IT规划方法.
H. Mohammad Subekti
Problems in building e-business is the number of influential factors that really should be considered in the design, especially from the aspect of a relatively bad infrastructure in Indonesia. By doing appropriate design, it can at least reduce the impact due to various shortcomings that exist, it is intended that the users are able to surf comfortably and safely in a business website in cyberspace. In managing e-Business, there are business models that can be done by the businessman in the v...
An applied and concise treatment of statistical regression techniques for business students and professionals who have little or no background in calculusRegression analysis is an invaluable statistical methodology in business settings and is vital to model the relationship between a response variable and one or more predictor variables, as well as the prediction of a response value given values of the predictors. In view of the inherent uncertainty of business processes, such as the volatility of consumer spending and the presence of market uncertainty, business professionals use regression a
Full Text Available Enterprise resource planning (ERP systems are often used by companies to automate and enhance their busi- ness processes. The capabilities of ERP systems can be described by best-practice reference models. The purpose of the article is to demonstrate the business process renovation approach with the use of reference models. Although the use of reference models brings many positive effects for business, they are still rarely used in Slovenian small and medium-sized compa- nies. The reasons for this may be found in the reference models themselves as well as in project implementation methodologies. In the article a reference model based on Microsoft Dynamics NAV is suggested. The reference model is designed using upgraded BPMN notation with additional business objects, which help to describe the models in more detail.
Friis, Jesper Deleuran; Lueg, Rainer; Mayanja, Remmy;
et al., 2011), the authors attempt to solve this puzzle by considering their mutual influence at different stages of the company’s business lifecycle. For that, the auhors use Scandinavian Software Company (SSC) as a case study. The initial idea of a business model is shown to shape SSC’s strategy in...
Full Text Available BPMN represents an industrial standard created to offer a common and user friendly notation to all the participants to a business process. The present paper aims to briefly present the main features of this notation as well as an interpretation of some of the main patterns characterizing a business process modeled by the working fluxes.
Full Text Available Abstract A new kind of business digital age middleman which ordinarily may not have been possible has emerged. An instance is Groupon an e-commerce platform which allows a small group of merchants to reach a large number of customers using internet and social media technologies to provide discounted deals. Therefore the purpose of this study is to appraise the Groupon e-business model. Firstly the brief profile and business model was examined. Thereafter an in-depth Social Legal Economic Political Technological EcologicalEnvironmental and Competitive SLEPTEC analysis of the business model was carried out. Then the elements of the business model and the resulting growth and advantages that bring about competitive and profits in the modern markets for Groupon were evaluated. The findings shows that simple technologies of email and social media can be leveraged for business success especially in massive subscribers base as currently witnessed by Groupon. The study revealed the associated problems with the Groupon e-business platform and thus conclusively recommends how the business model can be improved via considerations of other technological factors.
Taran, Yariv; Boer, Harry; Lindgren, Peter
Companies today, in some industries more than others, invest more capital and resources just to stay competitive, develop more diverse solutions, and increasingly start to think more radically, when considering to innovate their business model. However, the development and innovation of business...... models is a complex venture and has not been widely researched yet. The objective of this paper is therefore 1) to build a [descriptive] theoretical understanding, based on Christensen’s (2005) three-step procedure, to business models and their innovation and, as a result of that, 2) to strengthen...
Nielsen, Christian; Lund, Morten; Bukh, Per Nikolaj
The field of business models has, as is the case with all emerging fields of practice, slowly matured through the development of frameworks, models, concepts and ideas over the last 15 years. New concepts, theories and models typically transcend a series of maturity phases. For the concept of...... Business Models, we are at the verge of moving from phase 2 to 3, after having spent a lot of time during the 1990’s and 2000’s arguing for the importance of understanding business models properly and discussing the content and potential building blocks of them. Therefore, in terms of maturity – the time...... for focusing on the more complex and dynamic aspects of business models seems to be right - right now!...
Hakala, L.; Pesola, A.; Vanhanen, J.
Local district heating business, outside large urban centers, is a profitable business in Finland, which can be practiced with several different business models. In addition to the traditional, local district heating business, local district heat production can be also based on franchising business model, on integrated service model or on different types of cooperation models, either between a local district heat producer and industrial site providing surplus heat or between a local district heat producer and a larger district heating company. Locally available wood energy is currently utilized effectively in the traditional district heating business model, in which a local entrepreneur produces heat to consumers in the local area. The franchising model is a more advanced version of the traditional district heating entrepreneurship. In this model, franchisor funds part of the investments, as well as offers centralized maintenance and fuel supply, for example. In the integrated service model, the local district heat producer offers also energy efficiency services and other value-added services, which are based on either the local district heat suppliers or his partner's expertise. In the cooperation model with industrial site, the local district heating business is based on the utilization of the surplus heat from the industrial site. In some cases, profitable operating model approach may be a district heating company outsourcing operations of one or more heating plants to a local entrepreneur. It can be concluded that all business models for district heat production (traditional district heat business model, franchising, integrated service model, cooperative model) discussed in this report can be profitable in Finnish conditions, as well for the local heat producer as for the municipality - and, above all, they produce cost-competitive heat for the end-user. All the models were seen as viable and interesting and having possibilities for expansion Finland
Nielsen, Christian; Lund, Morten
The power of business models lies in their ability to visualize and clarify how firms’ may configure their value creation processes. Among the key aspects of business model thinking are a focus on what the customer values, how this value is best delivered to the customer and how strategic partner...... and discusses the term scalability from a company-level perspective. It illustrates how managers should be using this term for the benefit of their business by focusing on business models capable of achieving exponentially increasing returns to scale.......The power of business models lies in their ability to visualize and clarify how firms’ may configure their value creation processes. Among the key aspects of business model thinking are a focus on what the customer values, how this value is best delivered to the customer and how strategic partners...... are leveraged in this value creation, delivery and realization exercise. Central to the mainstream understanding of business models is the value proposition towards the customer and the hypothesis generated is that if the firm delivers to the customer what he/she requires, then there is a good...
Full Text Available Business process modelling and analysing is undoubtedly one of the most important parts of Applied (Business Informatics. Quality of business process models (diagrams is crucial for any purpose in this area. The goal of a process analyst’s work is to create generally understandable, explicit and error free models. If a process is properly described, created models can be used as an input into deep analysis and optimization. It can be assumed that properly designed business process models (similarly as in the case of correctly written algorithms contain characteristics that can be mathematically described. Besides it will be possible to create a tool that will help process analysts to design proper models. As part of this review will be conducted systematic literature review in order to find and analyse business process model’s design and business process model’s quality measures. It was found that mentioned area had already been the subject of research investigation in the past. Thirty-three suitable scietific publications and twenty-two quality measures were found. Analysed scientific publications and existing quality measures do not reflect all important attributes of business process model’s clarity, simplicity and completeness. Therefore it would be appropriate to add new measures of quality.
Full Text Available Users today want the opportunity to make (or manage a businesses in anytime and anywhere via their mobile devices. This paper proposes the architecture with mobile agent for the mobile businesses (m-business. M-business appeared as the promising approach to drive the vague following one of electronic business (e-business. Most of the e-busines  applications uses the traditional model client/server in which a commercial operation requires generally a link of stable communication being established between the customer and the server, and the traditional approach client/server  constitutes an obstacle to the development of application of m-business. The proposed architecture introduces several advantages: in the first place, allow the consumers to manage their commercial business driven by types of mobile devices (phones, PDAs, etc. .... at any time and wherever. Secondly, minimize the waiting time of the customer, and the quantity of transferring information. Third, this architecture addresses the problem of time limited and expensive connection for mobile users. The Mobile agents will be used on a single level: research agent. Every research mobile agent will be used to visit the target server site of the application to collect the informationâ€™s for his client, which allows it to interact locally with a server, and so to reduce the traffic on the network by transmitting only the useful data.
This research is titled “The Future of Airline Business Models: Which Will Win?” and it is part of the requirements for the award of a Masters in Management from NOVA BSE and another from Luiss Guido Carlo University. The purpose is to elaborate a complete market analysis of the European Air Transportation Industry in order to predict which Airlines, strategies and business models may be successful in the next years. First, an extensive literature review of the business model concept has been...
The purpose of the study was to explore financial aspects of cloud computing business models from information technology (IT) services provider’s perspective. The financial aspects were divided into revenue model and related pricing mechanisms and cost structure and related cost accounting mechanisms according to business model ontology. Cloud computing is a new computing paradigm and the latest megatrend in IT industry developed as a result of the convergence of numerous new and existing...
Chang, Victor; Bacigalupo, David; Wills, Gary; De Roure, David
This paper reviews current cloud computing business models and presents proposals on how organisations can achieve sustainability by adopting appropriate models. We classify cloudcomputing business models into eight types: (1) Service Provider and Service Orientation; (2) Support and Services Contracts; (3) In-House Private Clouds; (4) All-In-One Enterprise Cloud; (5) One-Stop Resources and Services; (6) Government Funding; (7) Venture Capitals; and (8) Entertainment and Social Networking. Us...
Neergaard, Peter; Gjerdrum Pedersen, Esben Rahbek
Most of the Fortune 500 companies address Corporate Social Responsibility (CSR) on their websites. However, CSR remains a fluffy concept difficult to implement in organization. The European Business Excellence Model has since the introduction in 1992 served as a powerful tool for integrating...... European Award winning company has used the model to integrate CSR. The company adapted the Business Excellence model to improve performance, stimulate innovation and consensus....
郑慕强; 周攀; 徐宗玲
Through introducing the idea of collaborative innovation, this study explores the compound business talents training model. Based on analysis of the current domestic universities business talents training and summarizing the problems, we propose a business talents training model based on collaborative innovation. The training mode contains four parts, including curriculum system design, theoretical courses and practical courses teaching reform, cultivating innovative talents, security system for training mode.%将协同创新思想引入复合型商科人才培养当中，基于对当前国内高等院校商科人才培养模式的分析和存在问题的总结，提出一种基于协同创新的商科人才培养模式。该培养模式包括专业课程体系设计、理论课程与实践课程的分类、针对不同课程的实践探索、建立复合型创新人才、协同创新人才培养模式的保障体系四方面。
XML Schema is the new language standard from the W3C and the new foundation for defining data in Web-based systems. There is a wealth of information available about Schemas but very little understanding of how to use this highly formal specification for creating documents. Grasping the power of Schemas means going back to the basics of documents themselves, and the semantic rules, or grammars, that define them. Written for schema designers, system architects, programmers, and document authors, Modeling Business Objects with XML Schema guides you through understanding Schemas from the basic concepts, type systems, type derivation, inheritance, namespace handling, through advanced concepts in schema design.*Reviews basic XML syntax and the Schema recommendation in detail.*Builds a knowledge base model step by step (about jazz music) that is used throughout the book.*Discusses Schema design in large environments, best practice design patterns, and Schema''s relation to object-oriented concepts.
Saebi, Tina; Foss, Nicolai Juul
Research on open innovation suggests that companies benefit differentially from adopting open innovation strategies; however, it is unclear why this is so. One possible explanation is that companies' business models are not attuned to open strategies. Accordingly, we propose a contingency model of open business models by systematically linking open innovation strategies to core business model dimensions, notably the content, structure, and governance of transactions. We further illustrate a c...
Hongelin, Ira; Jansson, Johanna
The development and complexity of the e-commerce sector has increased the demand forcompanies to grasp and develop their business models, as well their credit risk managementfunctions, in order be profitable and create value. This thesis examines how credit riskmanagement can be integrated in a business model, in terms of a customer value proposition,profit formula, key processes and key resources. Theories about business models state that abusiness model should give a holistic view of the co...
Jerman, Damjana; Završnik, Bruno
Much of the research into marketing communications has focused on the consumer market with little regard to date for the business-to-business market. This paper focuses on a development and testing of a model of marketing communication effectiveness in the business-to-business market. Building on past research from the marketing communications and business-to-business marketing literature, the model (which incorporates facets of the marketing communication objectives, bidirectional communicat...
Mohsen Shafiei Nikabadi; Laya Olfat; Ahmad Jafarian; Hassan Alibabaei Khamene
The main goal of this article is to survey effects of necessary factors for deploying e-business models on business performance in automotive industry. Today, application of information technology and internet in business is turned to a critical tool to gain competitive advantages in business. The impact of e-businesses is so that changed competitive approach between companies from traditional to modern models. In this study, first, necessary key factors of implementing e-business in automoti...
Full Text Available By exploring the competitiveness of industries and companies, we could identify the factors whose importance is likely to generate competitive advantage. An inventory of content elements of the business model summarizes the clearest opportunities and prospects. The objectives developed throughout the paper want to identify the pillars of a renewable business model and to describe the strategic dimensions of their capitalisation in regional and national energy entrepreneurship. The trend of increasing the renewable energy business volume is driven by the entrepreneurs and company’s availability to try new markets, with many unpredictable implications and the willingness of these players or their creditors to spend their savings, in various forms, for the concerned projects. There is no alternative to intensive investment strategies, given that the small projects are not able to create high value and competitiveness for interested entrepreneurs. For this reason, the international practice shows that the business models in energy production are supported by partnerships and networks of entrepreneurs who are involved in the development of large projects. The most important feature of renewable business initiatives is on attracting the latest clean emerging technologies, and obviously the investors who can assume the risk of such great projects. The benefits of a well developed business model recommend a prudent approach in the launching in the investment strategies, because the competitive contexts hide always some dissatisfaction of the partners that endanger the business concept’s success. The small firms can develop a profitable business model by exploring the opportunity of the alliances, namely the particular joint ventures (association between Romanian and foreign firms. The advantages of joint venture's partners are considerable; they include access to expertise, resources and other assets that the partners could not achieve on their own
Jašek, Roman; Sedláček, Michal; Chramcov, Bronislav; Dvořák, Jiří
The paper deals with the applications of modeling and simulation tools in the optimization of business processes, especially in solving an optimization of signal flow in security company. As a modeling tool was selected Simul8 software that is used to process modeling based on discrete event simulation and which enables the creation of a visual model of production and distribution processes.
Daft, Jost; Albers, Sascha
This paper develops a measurement framework that synthesizes the airline and strategy literature to identify relevant dimensions and elements of airline business models. The applicability of this framework for describing airline strategies and structures and, based on this conceptualization, for assessing the potential convergence of airline business models over time is then illustrated using a small sample of five German passenger airlines. For this sample, the perception of a rapprochement ...
This diploma thesis deals with a model of internal audit business processes at the bank. The diploma thesis is divided into three parts logically connected, which also fulfill the objectives of this thesis. The first part is theoretical, which means that is based on expressing theoretical assumptions about the studied subject. This is followed by a practical part in which the next objective is fulfilled by the proposed model of internal audit business processes using the methodology MMABP (Me...
Bagliano, Fabio-Cesare; Marini, Giancarlo
Granger-causality tests and innovation analyses based on Vector Autoregression models seem to deny any role for monetary factors in generating and shaping business cycle fluctuations. The present paper shows that such empirical support for Real Business Cycle theories is flawed. In particular, it is demonstrated that an extended version of the Lucas paradigm can explain the existing evidence rather accurately, when changes in policy regimes are explicitly modelled.
By exploring the competitiveness of industries and companies, we could identify the factors whose importance is likely to generate competitive advantage. An inventory of content elements of the business model summarizes the clearest opportunities and prospects. The objectives developed throughout the paper want to identify the pillars of a renewable business model and to describe the strategic dimensions of their capitalisation in regional and national energy entrepreneurship. The trend of in...
Helsdingen, Anne; Janssen, Ben; Schuwer, Robert
We will present an analysis of data from a literature review and semi-structured interviews with experts on OER, to identify different aspects of OER business models and to establish how the success of the OER initiatives is measured. The results collected thus far show that two different business models for OER initiatives exist, but no data on their success or failure is published. We propose a framework for measuring success of OER initiatives.
Companies constantly reconsider and reconfigure their business models in order to create value and generate growth. They also reassess the price-performance correlation and new levels of capital efficiency. The new business models are frequently needed to provide goods at affordable prices through the adaptation of packaging strategies, pricing strategies, the product itself, and by helping to sustain financially the demand. In the context of current financial and economic difficulties, it re...
The paper work analyses some aspects regarding the implementation of IFRS 9, the relationship between the business model approach and the assets classification and measurement. It does not discuss the cash flows characteristics, another important aspect of assets classification, or the reclassifications. The business model is related to some characteristics of the banks (opaqueness, leverage ratio, compliance to capital, sound liquidity requirements and risk management) and to Special Purpose...
Moingeon, Bertrand; Yunus, Muhammad; Lehmann-Ortega, Laurence
The social business idea borrows some concepts from the capitalist economy, and therefore the implementation of social businesses can likewise borrow some concepts from conventional business literature. As an illustration, the notion of business model, which is currently attracting much attention from researchers, can be revisited so as to enable the building of social businesses. Social business models are needed alongside conventional ones. After defining what a social business is, the auth...
This thesis surveys previous academic literature and performs an empirical analysis to reach two main objectives. The first objective is to build a broader and more detailed picture of the different IP specialized business models present in the US business environment. Additionally, the thesis studies their effects on the economy and the patent system efficiency. The second objective is to build an econometric model of the IP business model strategy and empirically test the hypothesis that IP...
Frankenberger, Karolin; Weiblen, Tobias; Gassmann, Oliver
Research has highlighted the importance of open business models, yet concepts which explain factors influencing the performance of open business models are quite rare. Here, we build on network theory and investigate how the structural, relational, and cognitive dimension of networks - conceptualized as the network between a manufacturing company and its external service providers - influence the performance of open business models. We study the special case of solution providers which combin...
This thesis deals with business process management, SAP information system and SAP Netweaver Composition Environment tool. The content is divided in three main area. In first we try to explain foundations of business process management, like definition of business process, basic principles of business process management, business process life-cycle, designing and executing business processes. Two standards are emphasized: business process modeling notation and service-oriented arhitecture. T...
Smirnov, Alexander; Kashevnik, Alexey; Shilov, Nikolay
In a complicated business network finding a supplier can be a very time consuming task. The technology of competence management is aimed to support such kind of tasks. The paper presents an approach to support interaction between business network members based on such technologies as competence management and knowledge management. The conceptual models of the context-driven competence management system and production network member competence profile are described. The usage of th...
Taran, Yariv; Boer, Harry; Lindgren, Peter
Companies today, in some industries more than others, invest more capital and resources just to stay competitive, develop more diverse solutions, and increasingly start to think more radically, when considering to innovate their business model. However, the development and innovation of business...... models is a complex venture and has not been widely researched yet. The objective of this paper is therefore 1) to build a [descriptive] theoretical understanding, based on Christensen's (2005) three-step procedure, to business models and their innovation and, as a result of that, 2) to strengthen...... researchers' and practitioners' perspectives as to how the process of business model innovation can be realized. By using various researchers' perspectives and assumptions, we identify relevant inconsistencies, which consequently lead us to propose possible supplementary solutions. We conclude our paper by...
The objective of the Thesis is to generate a suggestion for a new business model to implement technical pre-sales support services in order to improve the case company’s competitive advantage. The need for the new business model arises from the different business prospects discovered by the sales managers of the case company. The case company has already developed its business model for serving turnkey business prospects, but the business model is not fully suitable for goods-dominant busines...
In the 21st century, the economy has a rapid development, and global economic integration has become an irresistible trend. The sharp increase in international trade business requires a lot of comprehensive talents with rich business and English knowledge. Diversified society necessarily requires diversified talents. In the social context of social and economic development, English has become an essential communication tool and working means. Comprehensive and high-quality talent market puts forward higher requirements for traditional English teaching. It is necessary to reform the education model of business English so as to meet the needs of social development. This paper conducts in-depth study of the training model of business English talents based on project.%21世纪的世界，经济飞速发展，全球经济一体化已经成为不可阻挡的趋势，国际贸易的急剧增加需要大量精通商务知识和英语知识的综合性人才。多元化的社会必然需要多元化的人才，在社会和经济大发展的社会背景下，英语已经成为必不可少的交流工具和工作手段。全方位、高质量的人才市场对传统的英语教学提出了更高的要求。必须要进行商务英语人才教育模式的改革，才能满足社会发展的需要。本文将对基于项目的商务英语人才培养模式进行深入研究。
de Langen, Frank
The economic proverb "There is no such thing such as a free lunch" applies also to open educational resources (OER). In recent years, several authors have used revenue models and business models to analyse the different sources of possible funding for OER. In this article the business models of Osterwalder and Chesbrough are combined with research…
Bardina, Jorge E.; Thirumalainambi, Rajkumar; Davis, Rodney D.
The future of business intelligence in space exploration will focus on the intelligent system-of-systems real-time enterprise. In present business intelligence, a number of technologies that are most relevant to space exploration are experiencing the greatest change. Emerging patterns of set of processes rather than organizational units leading to end-to-end automation is becoming a major objective of enterprise information technology. The cost element is a leading factor of future exploration systems. This technology project is to advance an integrated Planning and Management Simulation Model for evaluation of risks, costs, and reliability of launch systems from Earth to Orbit for Space Exploration. The approach builds on research done in the NASA ARC/KSC developed Virtual Test Bed (VTB) to integrate architectural, operations process, and mission simulations for the purpose of evaluating enterprise level strategies to reduce cost, improve systems operability, and reduce mission risks. The objectives are to understand the interdependency of architecture and process on recurring launch cost of operations, provide management a tool for assessing systems safety and dependability versus cost, and leverage lessons learned and empirical models from Shuttle and International Space Station to validate models applied to Exploration. The systems-of-systems concept is built to balance the conflicting objectives of safety, reliability, and process strategy in order to achieve long term sustainability. A planning and analysis test bed is needed for evaluation of enterprise level options and strategies for transit and launch systems as well as surface and orbital systems. This environment can also support agency simulation based acquisition process objectives. The technology development approach is based on the collaborative effort set forth in the VTB's integrating operations, process models, systems and environment models, and cost models as a comprehensive disciplined
Bardina, Jorge E.; Thirumalainambi, Rajkumar; Davis, Rodney D.
This technology project is to advance an integrated Planning and Management Simulation Model for evaluation of risks, costs, and reliability of launch systems from Earth to Orbit for Space Exploration. The approach builds on research done in the NASA ARC/KSC developed Virtual Test Bed (VTB) to integrate architectural, operations process, and mission simulations for the purpose of evaluating enterprise level strategies to reduce cost, improve systems operability, and reduce mission risks. The objectives are to understand the interdependency of architecture and process on recurring launch cost of operations, provide management a tool for assessing systems safety and dependability versus cost, and leverage lessons learned and empirical models from Shuttle and International Space Station to validate models applied to Exploration. The systems-of-systems concept is built to balance the conflicting objectives of safety, reliability, and process strategy in order to achieve long term sustainability. A planning and analysis test bed is needed for evaluation of enterprise level options and strategies for transit and launch systems as well as surface and orbital systems. This environment can also support agency simulation .based acquisition process objectives. The technology development approach is based on the collaborative effort set forth in the VTB's integrating operations. process models, systems and environment models, and cost models as a comprehensive disciplined enterprise analysis environment. Significant emphasis is being placed on adapting root cause from existing Shuttle operations to exploration. Technical challenges include cost model validation, integration of parametric models with discrete event process and systems simulations. and large-scale simulation integration. The enterprise architecture is required for coherent integration of systems models. It will also require a plan for evolution over the life of the program. The proposed technology will produce
The global economy is currently marked by high level of uncertainty, risks, intensive competition, constantly growing information streams and dynamic technological development. These tendencies shape what marketing is today and highlight its importance for the survival of business organisations. Employing a theoretical analysis, this article tracks the evolution of marketing research’s business model on the intersection between changed clients’ and consumers’ expectations, as well as essentia...
Geraz, Sara Cristina Faria
In an increasingly health-conscious society, a market gap pops up in the Portuguese restaurant business sector. Indeed, one may notice the inexistence of an attractive specialized breakfast provider, hampering the realization of what seems to be claimed, the most important day meal, in what health and diet are concerned. Hence, the objective of this work project is to build a complete business model for a breakfast chain, a brand new market concept, offering in fact, an overall charming morni...
H. Mohammad Subekti
Full Text Available Problems in building e-business is the number of influential factors that really should be considered in the design, especially from the aspect of a relatively bad infrastructure in Indonesia. By doing appropriate design, it can at least reduce the impact due to various shortcomings that exist, it is intended that the users are able to surf comfortably and safely in a business website in cyberspace. In managing e-Business, there are business models that can be done by the businessman in the virtual world, but the e-Business models vary according to the character and culture of each region. What e-Business models are suitable to be applied in Indonesia, according to the character and culture of Indonesia, as well as the ability of the existing infrastructure will be described in this article. One solution is the utilization of social networking that is widely used, even though there are positive and negative sides of it. Then, what kinds of advantages are gained, in both for managing the site and as well as benefits for the customers.
Washington State Board for Community and Technical Colleges, 2014
In January 2015, thirteen Washington community colleges launched an online, competency-based business transfer degree--the first in the state's community and technical college system. This issue brief provides answers to commonly asked questions about the new competency-based degree.
Full Text Available In e-business environment, Trust Management is an important factor that is necessary for alltransactions. The basic e-business requirements like non-reputation of both trustee and of trustier arefound to be problem arising due to lack of trust information. Many environments use relatively simplemechanism to calculate trust, for example, e-bay is a typical example for reputation based system built oncentralized model of trust. Several frameworks have been designed by researchers based on reputationmodels, but all these mechanisms failed in preventing users from producing false information whilemaking a reputation. Also sufficient information regarding the new users who have just started doingbusiness online is not available.To overcome the drawbacks of the existing system, a new trust management framework isproposed in this paper for a distributed e-business environment. The model offers the merits of previoustrust management systems based on Trusted third parties namely Policy-based and Reputation basedmodels. It also ensures trustworthy business transactions between the business entities and provides amore appropriate trust rating value calculated on the basis of mathematical model taking into accountthe feedback of peers and direct experience and access policy. The implementation using Agents is foundto be more efficient with respect to time and trust calculation when compared to the model which worksunder non Agent environment.
Bonakdar, Amir; Weiblen, Tobias; Di Valentin, Christina; Zeißner, Theresa; Pussep, Anton; Schief, Markus
Fast changing business environments often force companies to rethink and renew their established business model. Often though, decisions to make changes to the current business model are made too late, when the current business is already struggling. One way to overcome this challenge is to continuously monitor business processes in operations and to adjust the business model according to changes in business processes. This paper clarifies the influence of business processes on the business m...
Mabel T. Kung; Zhang, Jenny Y.
This article reports a series of process-based models for the development of e-business using enterprise software applications. Merging management technology in workflow systems is a critical step to provide service-oriented architecture and on-demand business. We propose a value-oriented process technique as a strategic alignment to improve investment value. Our framework focuses on the guidelines for traditional users to identify the structural conflicts in integrating Web services. A compa...
Schmitt, Harrison H.
It remains unlikely that any government or group of governments will make the long-term funding commitments necessary to return to the Moon in support of scientific goals or resource production. If a lunar base is to be established within the foreseeable future, it will support of commercial production and use of unique energy resources Business plan development for commercial production and use of lunar Helium-3 requires a number of major steps, including identification of the required investor base and development of fusion power technology through a series of business bridges that provide required rates of return.
Full Text Available Network security processors are critical components of high-performance systems built for cybersecurity. Development of a network security processor requires multi-domain experience in semiconductors and complex software security applications, and multiple iterations of both software and hardware implementations. Limited by the business models in use today, such an arduous task can be undertaken only by large incumbent companies and government organizations. Neither the “fabless semiconductor” models nor the silicon intellectual-property licensing (“IP-licensing” models allow small technology companies to successfully compete. This article describes an alternative approach that produces an ongoing stream of novel network security processors for niche markets through continuous innovation by both large and small companies. This approach, referred to here as the "business ecosystem model for network security processors", includes a flexible and reconfigurable technology platform, a “keystone” business model for the company that maintains the platform architecture, and an extended ecosystem of companies that both contribute and share in the value created by innovation. New opportunities for business model innovation by participating companies are made possible by the ecosystem model. This ecosystem model builds on: i the lessons learned from the experience of the first author as a senior integrated circuit architect for providers of public-key cryptography solutions and as the owner of a semiconductor startup, and ii the latest scholarly research on technology entrepreneurship, business models, platforms, and business ecosystems. This article will be of interest to all technology entrepreneurs, but it will be of particular interest to owners of small companies that provide security solutions and to specialized security professionals seeking to launch their own companies.
Smirnov, Sergey; Weidlich, Matthias; Mendling, Jan; Weske, Mathias
Business process management experiences a large uptake by the industry, and process models play an important role in the analysis and improvement of processes. While an increasing number of staff becomes involved in actual modeling practice, it is crucial to assure model quality and homogeneity along with providing suitable aids for creating models. In this paper we consider the problem of offering recommendations to the user during the act of modeling. Our key contribution is a concept for d...
This paper examines business, design, and product development aspects of software business models. Contexts of small and large companies for creating software innovations are also analysed. Finally, software business research is called for and an agenda for software business research is presented to better understand the dynamics of the software industry and help create and manage successful software-intensive ventures.
信息安全风险评估中，一般根据资产的表现形式给出分类的资产列表并孤立地为资产赋值，没有考虑到资产对业务的支持和资产之间的关联性。以业务过程建模方法 IDEF0（ Integration DEFinition Method 0）为基础，建立层次化的业务过程功能模型，并识别与每个过程功能实现有关的输入、机制、控制三类支持性资产，从而得到以业务过程为中心的层次化的资产关联图。图中的业务过程构成了一个典型的具有内部依赖的递阶层次结构，利用网络分析法可以评估业务过程针对系统总目标的重要性排序，根据所支持的业务过程的重要性及其数量评估支持性资产的重要性。该方法实现了层次化的资产关联、识别与评估，电子购物网站的应用实例证实了此方法的可行性。ble.%In the information security risk assessment,it is often to give a list of assets that are classified based on the manifestations of assets and evaluate every asset isolated. This study presents a hierarchical functional model of business process based on IDEF0 and identifies three kinds of supporting assets-input, machine and control and finally a business process-centric hierarchical correlation graph of assets is obtained. In the graph,the business processes constitute a typical hierarchy with internal dependences,and thus,ANP can be used to assess the priorities of business processes with respect to objective of the system and the other supporting assets are evaluated according to importance and number of business processes that they support. The method achieves hi-erarchical association,identification and assessment of assets and its application to online shopping website shows it is feasi-ble.
Lindgren, Peter; Clemmensen, Suberia; Taran, Yariv;
Companies stand at the forefront of a new business model reality with new potentials - that will change their basic understanding and practice of running their business models radically. One of the drivers to this change is green communication, its strong relation to green business models and its...... possibility to enable lower energy consumption. This paper shows how green communication enables innovation of green business models and multiple business models running simultaneously in different markets to different customers....
Full Text Available Business data has been one of the current and future research frontiers, with such big data characteristics as high-volume, high-velocity, high-privacy, and so forth. Most corporations view their business data as a valuable asset and make efforts on the development and optimal utilization on these data. Unfortunately, data management technology at present has been lagging behind the requirements of business big data era. Based on previous business process knowledge, a lifecycle of business data is modeled to achieve consistent description between the data and processes. On this basis, a business data partition method based on user interest is proposed which aims to get minimum number of interferential tuples. Then, to balance data privacy and data transmission cost, our strategy is to explore techniques to execute SQL queries over encrypted business data, split the computations of queries across the server and the client, and optimize the queries with syntax tree. Finally, an instance is provided to verify the usefulness and availability of the proposed method.
ZENG Qingfeng; CHEN Wenbo; HUANG Lihua
In the era of Internet economics, e-business has become one of the most important strategic factors for enterprise development, so theoretical systems are needed to help enterprises develop e-business transformation strategies. A review of enterprise transformation theory identified five critical organization dimensions of e-business transformation, corporate strategy and vision transformation, organizational structure, product and market transformation, business process transformation, and corporate culture transformation. An e-business transformation process model was developed based on the five dimensions. This model can help enterprises to more effectively implement e-business transformation strategies.
Lezoche, Mario; Nicola, Antonio de; Di Mascio, Tania; Taglino, Francesco
Business Process modeling is constantly acquiring attention in modern enterprises. Today, BP editor tools support modelers in building correct diagrams only from the syntactic point of view. Enriching them with ontologies may bring many advantages, that go from the possibility of applying advanced reasoning techniques, aimed at the identification of contradictions and mistakes in the model specification, to the possibility of organizing BP models repositories, with advanced search and retriev...
Foy, Shirah E.
Entrepreneurship-as-process theory proposes a process that begins with an elemental idea driven by need in the market or underused technological resources and capabilities. As the firm emerges, this idea is developed into a business model?the underlying logic of the way the firm does business. Myriad evidence links business models to firm success, but little empirical research has been done to characterize the business models of new firms and their antecedents. Fifteen Swiss technology star...
Hui Wang; Hongmai Wu; Jing Sun; Guang Cheng
This article is based on the method of equipment management business process reengineering as the research object and aiming at how to model and optimize equipment management business process. Business process reengineering of equipment management is Using quantitative analysis method, through the design structure matrix theory and calculation method of fuzzy mathematics and building the structure matrix business process model, clustering, combined with the theor...
Svensson, Björn; van Biert, Lucas
Organizations constantly need to adapt to the rapidly changing macro environment. Information systems, that hinder and restrain flexibility, may jeopardize the ability for organizations to survive. A new method for developing information systems called the Business Rules Approach has emerged with promises of business agility. The Business Rules Approach focuses on business rules which are reliant on a Business Concepts Model for their structure and vocabulary. This paper examines the rela...
Kley, Fabian, E-mail: email@example.com [Fraunhofer Institute for Systems and Innovation Research ISI, Breslauer Strasse 48, 76139 Karlsruhe (Germany); Lerch, Christian, E-mail: firstname.lastname@example.org [Fraunhofer Institute for Systems and Innovation Research ISI, Breslauer Strasse 48, 76139 Karlsruhe (Germany); Dallinger, David, E-mail: email@example.com [Fraunhofer Institute for Systems and Innovation Research ISI, Breslauer Strasse 48, 76139 Karlsruhe (Germany)
Climate change and global resource shortages have led to rethinking traditional individual mobility services based on combustion engines. As the consequence of technological improvements, the first electric vehicles are now being introduced and greater market penetration can be expected. But any wider implementation of battery-powered electrical propulsion systems in the future will give rise to new challenges for both the traditional automotive industry and other new players, e.g. battery manufacturers, the power supply industry and other service providers. Different application cases of electric vehicles are currently being discussed which means that numerous business models could emerge, leading to new shares in value creation and involving new players. Consequently, individual stakeholders are uncertain about which business models are really effective with regard to targeting a profitable overall concept. Therefore, this paper aims to define a holistic approach to developing business models for electric mobility, which analyzes the system as a whole on the one hand and provides decision support for affected enterprises on the other. To do so, the basic elements of electric mobility are considered and topical approaches to business models for various stakeholders are discussed. The paper concludes by presenting a systemic instrument for business models based on morphological methods. - Highlights: > We present a systemic instrument to analyze business models for electric vehicles. > Provide decision support for an enterprises dealing with electric vehicle innovations. > Combine business aspects of the triad between vehicles concepts, infrastructure as well as system integration. > In the market, activities in all domains have been initiated, but often with undefined or unclear structures.
Climate change and global resource shortages have led to rethinking traditional individual mobility services based on combustion engines. As the consequence of technological improvements, the first electric vehicles are now being introduced and greater market penetration can be expected. But any wider implementation of battery-powered electrical propulsion systems in the future will give rise to new challenges for both the traditional automotive industry and other new players, e.g. battery manufacturers, the power supply industry and other service providers. Different application cases of electric vehicles are currently being discussed which means that numerous business models could emerge, leading to new shares in value creation and involving new players. Consequently, individual stakeholders are uncertain about which business models are really effective with regard to targeting a profitable overall concept. Therefore, this paper aims to define a holistic approach to developing business models for electric mobility, which analyzes the system as a whole on the one hand and provides decision support for affected enterprises on the other. To do so, the basic elements of electric mobility are considered and topical approaches to business models for various stakeholders are discussed. The paper concludes by presenting a systemic instrument for business models based on morphological methods. - Highlights: → We present a systemic instrument to analyze business models for electric vehicles. → Provide decision support for an enterprises dealing with electric vehicle innovations. → Combine business aspects of the triad between vehicles concepts, infrastructure as well as system integration. → In the market, activities in all domains have been initiated, but often with undefined or unclear structures.
Mason, Katy J.; Mouzas, Stefanos
Companies face difficult decisions regarding their management of business relationships; how much resource should they commit, when and with whom? The decisions managers make about these issues provide a ‘frame’ for their business relationships and thus a structure for their surrounding business network. Research has shown that the way problems are framed, affects the decisions managers and executives make (Bazerman 1984; Fiss and Zajac 2006; Tversky and Kahneman 1981). Similarly, the way bus...
Full Text Available Most of the Fortune 500 companies address Corporate Social Responsibility (CSR on their websites. However, CSR remains a fluffy concept difficult to implement in organization. The European Business Excellence Model has since the introduction in 1992 served as a powerful tool for integrating quality in organizations. CSR was first introduced in the model in 2002. From 2004 the European Foundation for Quality Management (EFQM has been eager to promote the model as an effective tool for implementing CSR.. The article discusses the potentials of the model for this end and illustrates how a 2006 European Award winning company has used the model to integrate CSR. The company adapted the Business Excellence model to improve performance, stimulate innovation and consensus.
Neergaard Peter; Pedersen Esben Rahbek
Most of the Fortune 500 companies address Corporate Social Responsibility (CSR) on their websites. However, CSR remains a fluffy concept difficult to implement in organization. The European Business Excellence Model has since the introduction in 1992 served as a powerful tool for integrating quality in organizations. CSR was first introduced in the model in 2002. From 2004 the European Foundation for Quality Management (EFQM) has been eager to promote the model as an effective tool for implem...
Brojeni, Roozbeh Abbasi
This thesis work has examined and analyzed a new operating model in business incubation era, based on utilizing the second generation of web. The main objective of this survey is developing a model of representing many of business incubation services, by enlarging the network relationships between entrepreneurs (including innovative start-up firms), in order to let them share their own experiences, business knowledge, and abilities, in a mass-collaborative networking system. Business incubati...
The present paper presents a model driven generative approach to the design and implementation of destributed business applications, which consequently and systematically implements many years of MDSD experience for the software engineering of large application development projects in an industrial context.
Jellison, Holly M., Ed.
Nine successful community college programs for small business management training are described in this report in terms of their college and economic context, purpose, offerings, delivery modes, operating and marketing strategies, community outreach, support services, faculty and staff, evaluation, and future directions. The model programs are…
Turcan, Romeo V.
growth path. To internationalize, international new ventures have to develop a product-led business model as services do not travel. Opting to attract venture capital, entrepreneurs are to deal with dyadic tensions that are the result of differences in entrepreneurs’ and VCs’ goals and measures of...
Govindarajan, Vijay; Trimble, Chris
Fending off new competitors is a perennial struggle for established companies. Govindarajan and Trimble, of Dartmouth's Tuck School of Business, explain why: Many corporations become too comfortable with their existing business models and neglect the necessary work of radically reinventing them. The authors map out an alternative in their "three boxes" framework. They argue that while a CEO manages the present (box 1), he or she must also selectively forget the past (box 2) in order to create the future (box 3). Infosys chairman N.R. Narayana Murthy mastered the three boxes to reinvigorate his company and greatly increased its changes of enduring for generations. PMID:21370808
Madsen, Svend Ole; Brink, Tove
The purpose of this article is to reveal how small and medium sized enterprises (SMEs) can enable sustainable business model innovation (BMI) in the offshore wind turbine industry. A longitudinal empirical research on 10 SMEs within the wind turbine industry provides data for the findings. The...... findings reveal interesting opportunities for BMI both within the SMEs, the SME network and in wider industrial context to increase awareness on business opportunities to act and hereby increase sustainable value. However, also boundaries occur for BMI, which can be difficult to crisscross. It is revealed...
Purpose: The author sets out the basis for a new research programme designed to demonstrate that by encouraging managers of small to medium-sized businesses (SMEs ) to take a positive approach to social and environmental risks, embedding and operationalising their responses into their business st
Today logistic systems are business document based, e.g. processing ship manifest, load lists, declarations, and shipping instructions. Business processes are organized in handling these business documents in the context of framework contracts with business partners. Implementations of new requireme
Hvass, Kristian Anders
Research in business model innovation has identified its significance in creating a sustainable competitive advantage for a firm, yet there are few empirical studies identifying which combination of business model activities lead to success and therefore deserve innovative attention. This study...... analyzes the business models of North America low-cost carriers from 2001 to 2010 using a Boolean minimization algorithm to identify which combinations of business model activities lead to operational profitability. The research aim is threefold: complement airline literature in the realm of business model...... innovation, introduce Boolean minimization methods to the field, and propose alternative business model activities to North American carriers striving for positive operating results....
KRIEGER, Bernhard; Müller, Philipp
Building Internet communities will become a strategic tool both as a stand-alone model and as a supplement to sustain competitive advantage for "normal" businesses. Community based business models aim to profit from the value, which is created when Internet communities solve problems of collective action, by controlling access, aggregating data, or realizing side-payments. The current literature on community based business models refers to rational choices by individuals to explain why member...
Business English has a strong practical, professional, which can promote business cooperation between the two sides, exchange, has an important significance in the business trade,and because business English, compared with ordinary English, more professional, for business communication, often have their own characteristics, which in ordinary English, are difficult to embody. This has led to progress in Business English Translation prone to errors. Therefore, in business English translation in business English needs to understand the characteristics of translation master certain skills, so as to ensure the correctness of translation. This study of Business English translation skills Intercultural sight.
Sala, Enric; Costello, Christopher; Dougherty, Dawn; Heal, Geoffrey; Kelleher, Kieran; Murray, Jason H; Rosenberg, Andrew A; Sumaila, Rashid
Marine reserves are an effective tool for protecting biodiversity locally, with potential economic benefits including enhancement of local fisheries, increased tourism, and maintenance of ecosystem services. However, fishing communities often fear short-term income losses associated with closures, and thus may oppose marine reserves. Here we review empirical data and develop bioeconomic models to show that the value of marine reserves (enhanced adjacent fishing + tourism) may often exceed the pre-reserve value, and that economic benefits can offset the costs in as little as five years. These results suggest the need for a new business model for creating and managing reserves, which could pay for themselves and turn a profit for stakeholder groups. Our model could be expanded to include ecosystem services and other benefits, and it provides a general framework to estimate costs and benefits of reserves and to develop such business models. PMID:23573192
Full Text Available Marine reserves are an effective tool for protecting biodiversity locally, with potential economic benefits including enhancement of local fisheries, increased tourism, and maintenance of ecosystem services. However, fishing communities often fear short-term income losses associated with closures, and thus may oppose marine reserves. Here we review empirical data and develop bioeconomic models to show that the value of marine reserves (enhanced adjacent fishing + tourism may often exceed the pre-reserve value, and that economic benefits can offset the costs in as little as five years. These results suggest the need for a new business model for creating and managing reserves, which could pay for themselves and turn a profit for stakeholder groups. Our model could be expanded to include ecosystem services and other benefits, and it provides a general framework to estimate costs and benefits of reserves and to develop such business models.
Mettler, Tobias; Eurich, Markus
Inspired by the vast opportunities that today's technologies provide and driven by the need to both cut the costs and increase the quality of health services delivery, many e-health initiatives and ventures were launched in the last couple of years. However, a large number of these projects failed. They were either not able to articulate a clear value proposition to patients or lacked a sustainable profit generation formula. It seems to be difficult to understand the business logic behind e-h...
Jensen, Henrik; Sund, Kristian J.
New digital entrants in the media industry have changed the competitive landscape for advertisers and media alike. In particular, over the past decade media agencies have grown more rapidly than the media market as a whole, securing a larger share of the value generated in the advertising value...... chain. Based on secondary data and in-depth interviews with 11 Danish media agency CEOs, and using the nine building blocks suggested in the business model canvas framework of Osterwalder and Pigneur (2010), we develop a grounded process model describing how these agencies have altered their business...
New nuclear development will require new business models that ensure maximum risk mitigation for the plant owner and rate payers. To deliver this model, AECL has joined with leading members of the nuclear industry to form Team CANDU. This presentation will introduce contracting structures that have been used by Team CANDU members to reduce plant delivery risk in an ongoing record of successful project completions over the last decade. (author)
Holm, Anna B.; Günzel, Franziska
industry in Denmark. Business model innovation became imperative for the traditional newspaper publishers after many years of the declining readership and revenues. We collected rich primary and secondary data from various sources during 2010-2012. Our analysis suggests that changing business models in its...... various parts does not guarantee a successful business model change and may even harm the existing well-functioning business model. To innovate a business model successfully, managers need to secure the business logic flow and its feedback loops....
A. Kolk (Ans); D. van den Buuse (Daniel)
markdownabstractPurpose – Although the crucial role of business, and of business-based approaches, in development is increasingly emphasised by academics and practitioners, we lack insight into the ‘whether and how’ of viable business models, in environmental, social and economical terms. This artic
A. Kolk; D. van den Buuse
Purpose - Although the crucial role of business, and of business-based approaches, in development is increasingly emphasised by academics and practitioners, insight is lacking into the "whether and how" of viable business models, in environmental, social and economical terms. This article analyses p
Business process model is the core of organisation modelling for enterprises and governments. Aiming at the drawbacks of current business process execution in its property of linearity, short of flexibility and intelligence in model and lacking dynamic change and activeness of the Role, multi-agent is introduced into the model on the basis of analysing RN ( Role Network) model, and the communication and coordination between the agents are used to describe the business process. The multi-agent collaborative business processes model supported with RN theory is brought forward, which makes executor Agent become the main body of the model, and alters the passivity of the executors in traditional model. This has solved the problems of the executors of business activities in multi-role and the alternation among the roles, the flexibility, automation and intelligence of business process is improved as well.%业务流程模型是企业、政府等组织建模的核心.针对目前业务流程执行的线性性、模型的柔性、智能性不足,和角色缺乏动态性和主动性的弊端,在分析了RN(角色网络)模型的基础上,模型中引入了多Agent,并用这些Agent之间的交流协作来描述业务流程;提出了RN理论支持的多Agent协同业务流程模型,使得执行者Agent成为模型的主体;改变了传统模型中人的被动地位;解决了业务活动执行者的多角色和角色变化问题,提高了业务流程的柔性化、自动化和智能化水平.
Lohrmann, Matthias; Reichert, Manfred
In business process design, business objective models can fulfill the role of formal requirement definitions. Matching process models against objective models would, for instance, enable sound comparison of implementation alternatives. For that purpose, objective models should be available independently of their concrete implementation in a business process. This issue is not addressed by common business process management concepts yet. Moreover, process models are currently not sufficiently ...
Ivan Stefanovic; Dragan Milosevic
The objective of this paper is to develop the conceptual integration of strategy and business model. Theoretical method is used in order to achieve this objective. The theory building leads to the construction of conceptual model of strategy and business model, and provides its underlying logic. The main finding is that strategy is a pattern within which a business model changes. Only one strategy may exist for a firm in a concrete time frame, while there may be countless business models in t...
In recent years, internet based commerce has developed as a new paradigm. Many factors such as "at home delivery", easy ordering, and usually lower prices contributed to the success of the e-commerce. However, more recently, companies realized that one of the major factors in having a successful internet based business is the design of a user interface that is in concordance with the users' expectations, which includes both functionality and user friendly features. The func-tionality feature ...
This presentation describes the 4 transformation stages of the electric power industry as being vertical unbundling as seen in Europe and Asia, horizontal unbundling as seen in Canada and the United States, industry convergence as seen in Australia and New Zealand, and strategic consolidation as seen in the United Kingdom. The rationale for horizontal unbundling is described with reference to the asset owner, the asset manager and the utility service provider. The presentation includes several viewgraphs depicting the following: the asset management model; the path to success which was built upon a decade of experience; number of stock items from 1991 to 2001; substation capacity utilization from 1997 to 2001; O and M costs per customer from 1990 to 2000; reliability improvements from 1994 to 2000; the design, operation and maintenance of 13 investment pools; transition strategies for total transformation; and, regionally adjusted wage rates. 11 figs
Full Text Available It is widely established debriefing in business games is important and influences the students' learning performance. Most games only support game statistics instead of explaining solution paths. We suggest the automatic generation of explanations for internet-mediated business games to improve the debriefing quality. As a proof of concept we developed a prototype of an internet-based auction game embedding an open simulation model and an automatic explanation component helping students and teachers to analyse the decision making process. This paper describes the usefulness of automated explanations and the underlying generic software architecture.
Zhang, Qi; Kosaka, Michitaka; Shirahada, Kunio; Yabutani, Takashi
This paper proposes a new framework for B to B collaboration process based on a concept of service. Service value, which gives users satisfaction for provided services, depends on the situation, user characteristics, and user objectives in seeking the service. Vargo proposed Service Dominant Logic (SDL), which determines service value according to “value in use”. This concept illustrates the importance of the relationship between the service itself and its situation. This relationship is analogous to electro-magnetic field theory in physics. We developed the concept of service fields to create service value based on an analogy of the electro-magnetic field. By applying this concept to B to B collaboration, a model of service value co-creation in the collaboration can be formulated. Then, the collaboration can be described by 4 steps of KIKI model (Knowledge sharing related to service system, Identification of service field, Knowledge creation for new service idea, Implementation of service idea). As its application to B to B collaboration, the energy saving service business is reported to demonstrate the validity of the proposed collaboration model. This concept can be applied to make a collaboration process effective.
Aler, Ricardo; Borrajo, Daniel; Camacho, David; Sierra Alonso, Almudena
In this paper we present an initial overview of shamash, a process modeling tool for Business Process Reengineering. The main features that differentiate it from most current related tools are its ability to define and use organisation standards, and functional structure, and make automatic model simulation and optimisation of them. shamash is a knowledge based system, and we include a discussion on how knowledge acquisition did take place. Furthemore, we introduce a high level description of...
paper will propose to describe a business model by means of storytelling. In addition the paper will introduce the concept of archetypes of business models with the aim to seek a pat- tern in the light of the numerous business models available. Two cases will illustrate and dis- cuss storytelling and...... archetypes, and lead to the conclusion that they represent a valuable ap- proach to understanding and innovating business models....
Research in business model innovation has identified its significance in creating a sustainable competitive advantage for a firm, yet there are few empirical studies identifying which combination of business model activities lead to success and therefore deserve innovative attention. This study analyzes the business models of North America low-cost carriers from 2001 to 2010 using a Boolean minimization algorithm to identify which combinations of business model activities le...
朴勇; 王秀坤; 陈志奎; 王征
随着财务报告的规范化和正规化,大量企业开始使用扩展商业报告语言(XBRL)标准进行财务数据的披露与管理.但XBRL结构复杂并具领域相关性,缺乏进行数据分析的语义描述,从而导致以XBRL格式存储的数据无法被现有的多维数据分析工具所理解和利用.为此分析了XBRL的结构,应用了与平台及领域无关的通用仓库元模型(CWM)标准,给出了一种将XBRL格式的财务报告映射为多维分析模型的通用方法.该方法将转换规则与实现进行了分离,具有通用性与开放性.%With standardization and normalization process of financial reports;large numbers of enterprises are introdu cing extensible business report language(XBRL) to disclose and manage their financial data. Because of complexity and domain specific feature of XBRL.it lacks semantic description for data analysis;leading to the situation that many exis ting tools capable of multidimensional data analysis cannot understand and deal with XBRL files. Based on the analysis on XBRL structure;the paper applied Common Warehouse Metamodel(CWM);which is platform and domain indepen dent;to build a generic multidimensional analysis model from business reports in XBRL format Transforming rules are separated from implementation and hence making the model more generic and open.
Thomas A Hemphill
This paper explores the closed source/open source software model dialectic and presents a conceptual framework of an emerging "both source" software business model useful for formulating firm technology strategy. The author reviews the academic literature and popular business press, extracting definitions and concepts underlying these software models; explains the concept of a business model and makes the case for the knowledge-based view of the firm as the approach to software industry busin...
E-Business modelling and ebusiness systems development assumes fixed company resources, structures, and business processes. Empirical and theoretical evidence suggests that company resources and structures are emergent rather than fixed. Planning business activity in emergent contexts requires flexible ebusiness models based on better management theories and models . This paper builds and proposes a theoretical model of ebusiness systems capable of catering for emergent factors that affect bu...
Radu Burete; Amelia Badica; Costin Badica
In this paper we introduce a new reputation model for agents engaged in e-business transactions. Our model enhances classic reputation models by adding forgiveness factor and new sources of reputation information based on agents groups. The model was implemented using JADE multi-agent platform and initially evaluated for e-business scenarios comprising societies of buyer and seller agents.
Schuster, Thomas; Weiß, Peter
In this paper a novel approach and thinking to foster the derivation of competence and skill requirements by business process models is presented. Management of intra- and inter-organizational business processes is a significant issue that influences a company's success. A multitude of competence models, standards and frameworks exist. Furthermore, current resource models in business process management solutions are not sophisticated and adequately reflecting the needs of collaborative resour...
Kolk, A.; Buuse, van den, D.
Purpose - Although the crucial role of business, and of business-based approaches, in development is increasingly emphasised by academics and practitioners, insight is lacking into the "whether and how" of viable business models, in environmental, social and economical terms. This article analyses private-sector involvement in development, including a business perspective of firm-level factors, taking the case of sustainable energy in developing countries. Design/methodology/approach - In the...
Business process management is fast becoming one of the most important approaches for designing contemporary organizations and information systems. A critical component of business process management is business process modelling. It is widely accepted that modelling of business processes from scratch is a complex, time-consuming and error-prone task. However the efforts made to model these processes are seldom reused beyond their original purpose. Reuse of business process models has the pot...
Finnegan, Jason; Malone, Paul; Espinosa Maroñon, A.; Bueso Guillén, P.
The aim of this paper is to discuss the legal and technical issues of creating legally binding contracts in a digital ecosystem and to present the solution created for the DBE (Digital Business Ecosystem) project. We investigate the legal implications of electronic contracts and digital signatures, and also take a brief look at the types of clauses that make up a contract. The DBE contract model for creating contracts and contract templates is presented, along with the tools created for...
N. A. DENTCHEV
The literature on strategic integration of corporate social responsibility (CSR) in business models is still underdeveloped. We therefore borrow from the theory on strategic management to organize this contribution according to the process of strategic management. After a review of the few strategic CSR approaches, an explorative case-study methodology is adopted to study the management of a CSR proxy, viz. Health Safety and Environment (HSE), in a multinational company in the petrochemicals....
Romeo V. Turcan
In the early process of the emergence of new international ventures, entrepreneurs are constantly in a ‘tension extinguishing’ mode as they are trying to ease tensions in the organizational gestalt which consists of mutually supportive organizational system elements combined with appropriate resources and behavioral patterns. Two sources could be identified that effect these tensions, namely strategic experimentation and business model experimentation. For example, entrepreneurs are trying to...
Bojoagă Alexandru; Petrişor Ioan
Organizations inform stakeholders about their current and future activities, processes, created value, strategic intentions, and other information that may influence the established relationships. Organizations choose to communicate with stakeholders by different means and in varied ways. The annual report represents a way of communicating between companies and their stakeholders, and it is offering comprehensive information about how companies operates and creates value. The business model ...
Arthur Low; Steven Muegge
Network security processors are critical components of high-performance systems built for cybersecurity. Development of a network security processor requires multi-domain experience in semiconductors and complex software security applications, and multiple iterations of both software and hardware implementations. Limited by the business models in use today, such an arduous task can be undertaken only by large incumbent companies and government organizations. Neither the “fabless semiconductor...
Bojoagă Alexandru; Petrişor Ioan
Organizations inform stakeholders about their current and future activities, processes, created value, strategic intentions, and other information that may influence the established relationships. Organizations choose to communicate with stakeholders by different means and in varied ways. The annual report represents a way of communicating between companies and their stakeholders, and it is offering comprehensive information about how companies operates and creates value. The business model i...
Greater investment is required in developing new drugs and vaccines against malaria in order to eradicate malaria. These precious funds must be carefully managed to achieve the greatest impact. We evaluate existing efforts to discover and develop new drugs and vaccines for malaria to determine how best malaria R&D can benefit from an enhanced open source approach and how such a business model may operate. We assess research articles, patents, clinical trials and conducted a smaller survey amo...
Årdal, Christine; Røttingen, John-Arne
Greater investment is required in developing new drugs and vaccines against malaria in order to eradicate malaria. These precious funds must be carefully managed to achieve the greatest impact. We evaluate existing efforts to discover and develop new drugs and vaccines for malaria to determine how best malaria R&D can benefit from an enhanced open source approach and how such a business model may operate. We assess research articles, patents, clinical trials and conducted a smaller survey amo...
Business model innovation is one of the most challenging components of 21st-century leadership. Making incremental improvements to a business model--creating new efficiencies, expanding into adjacent markets--is hard enough. Developing and experimenting with new business models that truly transform how an institution delivers value (while…
Lainema, Timo; Henriksen, Thomas Duus
This chapter presents three didactic frameworks for integrating learning games with other syllabus activities in business education. These three models illustrate how different didactic framings of particular learning games allow for different learning processes, using Kolb’s learning model to...... analyse and illustrate the didactic integration of three business games. Through these three models, the chapter provides an illustration of how different didactic framings can contribute to turning learning games into game-based learning processes for business education....
Narimantas Kazimieras Paliulis; Jolanta Sabaitytė
The paper examines the practical usefulness of information technologies in business reviewing electronic business concepts provided in science literature and also the newest tendencies of electronic business development. The paper offers a review of various authors works on e-strategies and IT influence on companies’ functionality. An analysis of disadvantages in various electronic business development models is provided. On the basis of analyses done on the theory of electronic business deve...
Information Technology (IT) such as computerized physician order entry, computer-based decision support and alerting systems and electronic prescribing can reduce medical errors and improve the quality of health care. However, the business value of these systems is frequently questioned. At present a number of barriers exist to realizing the potential of IT to improve quality of care. Some of these barriers are: the ineffectiveness of existing error reporting systems, low investment i...
Full Text Available Detailed requirements analysis plays a key role towards the design of successful Data Warehouse (DW system. The requirements analysis specifications are used as the prime input for the construction of conceptual level multidimensional data model. This paper has proposed a Business Object based requirements analysis framework for DW system which is supported with abstraction mechanism and reuse capability. It also facilitate the stepwise mapping of requirements descriptions into high level design components of graph semantic based conceptual level object oriented multidimensional data model. The proposed framework starts with the identification of the analytical requirements using business process driven approach and finally refine the requirements in further detail to map into the conceptual level DW design model using either Demand-driven of Mixed-driven approach for DW requirements analysi
Full Text Available One of the key purposes of Business Process Model and Notation (BPMN is to support graphical representation of the process model. However, such models have a lack of support for the graphical representation of resources, whose processes are used during simulation or execution of process instance. The paper analyzes different methods and their extensions for resource modeling. Further, this article presents a selected set of resource properties that are relevant for resource modeling. The paper proposes an approach that explains how to use the selected set of resource properties for extension of process modeling using BPMN and simulation tools. They are based on BPMN, where business process instances use resources in a concurrency manner.
KOMAROV MIKHAIL M.; KHOKHLOVA ANNA D.
The object of this research paper is the way to organize an e-business based on the concept ofsmart things. In order to achieve the objective of this work - the development of a business model for Social Web of Services - several tasks were set and accomplished: existing concepts of the Internet of Things, the Internet of Service and the Web of Service were described, defined and redefined, making clear the differences and similarities between them. After this, the vision of the Social Web of...
Danfeng Zhao; Wei Zhao; Le Sun; Dongmei Huang
Business data has been one of the current and future research frontiers, with such big data characteristics as high-volume, high-velocity, high-privacy, and so forth. Most corporations view their business data as a valuable asset and make efforts on the development and optimal utilization on these data. Unfortunately, data management technology at present has been lagging behind the requirements of business big data era. Based on previous business process knowledge, a lifecycle of business da...
Full Text Available Trust and reputation are important factors that influence the success of both traditional transactions in physical social networks and modern e-commerce in virtual Internet environments. It is difficult to define the concept of trust and quantify it because trust has both subjective and objective characteristics at the same time. A well-reported issue with reputation management system in business-to-consumer (BtoC e-commerce is the “all good reputation” problem. In order to deal with the confusion, a new computational model of reputation is proposed in this paper. The ratings of each customer are set as basic trust score events. In addition, the time series of massive ratings are aggregated to formulate the sellers’ local temporal trust scores by Beta distribution. A logical model of trust and reputation is established based on the analysis of the dynamical relationship between trust and reputation. As for single goods with repeat transactions, an iterative mathematical model of trust and reputation is established with a closed-loop feedback mechanism. Numerical experiments on repeated transactions recorded over a period of 24 months are performed. The experimental results show that the proposed method plays guiding roles for both theoretical research into trust and reputation and the practical design of reputation systems in BtoC e-commerce.
Frankenberger, Karolin; Weiblen, Tobias; Csik, Michaela; Gassmann, Oliver
Business model innovation has received rising attention as a means for firms to achieve superior performance. Yet, as we argue based on a review of related literature, the research field so far lacks a comprehensive framework that supports managers in their endeavour to innovative their firms' business models. Based on process models from innovation management literature and insights from 14 cases of past business model innovations, we develop the 4I-framework that structures the business mod...
Bärenfänger, Rieke; OTTO, Boris
Business models comprehensively describe the functioning of businesses in contemporary economic, technological, and societal environments. This paper focuses on the characteristics of digital business models from the perspective of capability research and develops a capability model for digital businesses. Following the design science research (DSR) methodology, multiple evaluation and design iterations were performed. Contributions to the design process came from IS/IT practice and the resea...
Casadesus-Massanell, Ramon; Ricart, Joan E.
The competitiveness of a country is the result of the competitiveness of its firms. The competitiveness of firms is partly determined by how their business models interact with the environment to produce offerings with added value. This chapter contributes to the reflection on Catalonia's competitiveness by using the business model concept to highlight the need to adapt business models to new realities in the Catalan environment. Catalan firms have made little effort to reconfigure their busi...
Aki Pekuri; Laura Pekuri; Harri Haapasalo
Business models are seen as an essential part of successful businesses as they define the way companies create value for their customers and subsequently make profit from their operations. A good business model has a potential to separate a company from its competitors by creating a competitive advantage. The purpose of this research is to explore how managers understand and deploy the business model concept in construction. For this, eight experienced managers have been interviewed and their...
Adam Jabłoński; Marek Jabłoński
The paper presents the results of theoretical discussions and research findings in the field of designing sustainable business models that support the creation of value at various stages of the business life cycle. The paper presents selected findings of extensive research into the business models of Polish companies listed on the Warsaw Stock Exchange. Companies which are at various stages of development should build and adapt their business models in order to maintain the ability to create ...
Aa, van der, N.G.F.M.
In this paper we present a framework for service business models. We build on three streams of research. The first stream is the service management and marketing literature that focuses on the specific challenges of managing a service business. The second stream consists of research on e-business models. The third and most recent stream of research includes frameworks and business models from strategic management and innovation management. The next step in our research is the development of a...
Cruz, Anderson Paiva; Pimenta, Iris Linhares; Maciel, Raquel Siqueira; Carvalho, Maria Luiza Azevedo
The main objective of this research is to create a model for monitoring and evaluating companies in the pre-incubation stage, in a technology-based incubator located at the Federal University of Rio Grande do Norte (UFRN). The monitoring and evaluation model was structured according to the program set for the pre-incubation stage. In this stage, the function of the incubator is to support entrepreneurs in transforming innovative ideas into profitable businesses. The incubator offers courses a...
Camacho, David; Aler, Ricardo; Borrajo, Daniel; Sierra Alonso, Almudena
In this paper we describe SHAMASH, a tool for modeling and automatically optimizing Business Processes. The main features that differentiate it from most current related tools are its ability to define and use organisation standards, and functional structure, and make automatic model simulations and optimisation of them. SHAMASH is a knowledge based system, and we include a discussion on how knowledge acquisition takes place. Furthermore, we introduce a high level description of the architect...
Business model innovation has been an important method to make upgrade business in industrial development. And more and more construction companies try to achieve model-transfer upgrading through business model innovation in fierce price competition times. Based on comparison of business model innovation between China and developed countries, the brainstorming proposed in this paper is used to expand the traditional business field as much as possible, and a new evalualion model is also built in this paper.%商业模式创新已成为"十二五"规划产业发展的新引擎,建筑施工企业激烈的成本竞争,也使得越来越多的建筑施工企业试图通过商业模式创新实现产业转型及升级.在对比总结国内外建筑企业商业模式的基础上,采用"头脑风暴"法对以房建业务为主的建筑施工企业商业模式创新路径进行尽可能的扩展,并建立一种新的商业模式创新评估模型.
This paper examines business model aspects of digitizing cultural content. It is based in large part on a Study conducted by the author and his colleagues for the Department of Canadian Heritage. Based on data collected from several cultural institutions regarding their efforts to digitize content, the study found that implications for the cost side have been significant, leading to explorations of facilities and content sharing programs, formalized budgeting, the need for better copyright ex...
Holm-Bergqvist, Linus; Ödmark, Victor
The interest in business models has lately increased, which could be traced back to the dot-com burst during the 2000s. There exists no general definition of business models. Howev-er, researchers all agree that business models are used to illustrate the design and architec-ture of the value creation process of companies. Today’s research of business models has mainly been focused on e-commerce. This thesis contributes to the research of business models by extending the research to focus on S...
This contributed volume collects insights from industry professionals, policy makers and researchers on new and profitable business models in the field of electric vehicles (EV) for the mass market. This book includes approaches that address the optimization of total cost of ownership. Moreover, it presents alternative models of ownership, financing and leasing. The editors present state-of-the-art insights from international experts, including real-world case studies. The volume has been edited in the framework of the International Energy Agency's Implementing Agreement for Cooperation on Hy
Weiblen, Tobias; Frankenberger, Karolin; Gassmann, Oliver
Along with the emergence of phenomena such as value co-creation, firm networks, and open innovation, open business models have achieved growing attention in research. Scholars from different fields use the open business model, largely without providing a definition. This has led to an overall lack of clarity of the concept itself. Based on a comprehensive review of scholarly literature in the field, we carve out commonalities and differences in the perceived nature of the open business model....
This thesis analyzed the environmental development of Chinese pure electric bus (PEB) industry. It indicated that the main problems which blocked the PEB promotion are the immaturity of battery technology and the lack of a suitable business model. According to current battery technology, the solution should be designing new business model for PEB then gradually enhance PEB function. This study analyzed the original Chinese PEB business model, which was based on the three different periods...
Diploma thesis Business model of Internet platform and its implementation offers specific recommendations while establishing a business model of an Internet platform, based on social network Twitter. The first part focuses on theoretical approaches to platform creation, business model creation and strategy of foreign market penetration. In the second part steps for implementation of a specific platform- influento are analysed. The final part gives synthesis of knowledge aquiered in both theor...
Based on the analysis of the business model theory and the mobile Internet business model of foreign operators, it sets up a business model analysis mode of the telecom operators in the mobile Internet era, and puts forward related suggestions on the transformation definition of the key elements in the mode.%在研究分析商业模式相关理论及国外运营商移动互联网商业模式的基础上，构建电信运营商移动互联网时代的商业模式分析模型，并针对模型中的关键要素的转型界定提出相关建议。
The article is devoted to the resource and process approach to formation of the strategic management concept by the enterprise intellectual capital. The business model of strategic management by the intellectual capital in the environment of system business-modelling Business Studio 3 is developed.
two phases of surveys and experimentation. In the first phase, the tendency and acceptance level of users towards watching advertisements to unlock value are measured. In the next phase, a platform prototype is developed to test and understand user actions towards receiving value. The sample includes...... 52 users of different nationalities who were seeking relationships on an online dating platform. Results revealed that users accept advertising and will perform requested actions if they can perceive the delivered value. Practical implications of this research include insights to help move away from....... The business model was generated from the concept of audience commodification and is based on the idea of looking at the users as source of a tradeable asset in business-to-business markets. Here, attention and actions are the assets that users pay to access the proposed value. The research includes...
Full Text Available The issue of corporate social responsibility (CSR has been of growing concern among business communities in recent years. Various corporate leaders maintain that business is considered to contribute fully to the society if it is effi cient, profi table and socially responsible. Islam is considered as addin (a way of life, thus, providing comprehensive guidelines in every aspects of the believers’ life. It is the aim of this paper to propose an Islamic model of corporate social responsibility based on human relationships with the God (hablun min’Allah; with other fellow human being (hablun min’an-nas and with the environment.Keywords : Corporate Social Responsibility, Islamic Business Organization
Full Text Available Core business is the most important business to the enterprise in diversified business. In this paper, we first introduce the definition and characteristics of the core business and then descript the ant colony clustering algorithm. In order to test the effectiveness of the proposed method, Tianjin Port Logistics Development Co., Ltd. is selected as the research object. Based on the current situation of the development of the company, the core business of the company can be acquired by ant colony clustering algorithm. Thus, the results indicate that the proposed method is an effective way to determine the core business for company.
Sunil K Sapra
Full Text Available The paper presents applications of a class of semi-parametric models called generalized additive models (GAMs to several business and economic datasets. Applications include analysis of wage-education relationship, brand choice, and number of trips to a doctor’s office. The dependent variable may be continuous, categorical or count. These semi-parametric models are flexible and robust extensions of Logit, Poisson, Negative Binomial and other generalized linear models. The GAMs are represented using penalized regression splines and are estimated by penalized regression methods. The degree of smoothness for the unknown functions in the linear predictor part of the GAM is estimated using cross validation. The GAMs allow us to build a regression surface as a sum of lower-dimensional nonparametric terms circumventing the curse of dimensionality: the slow convergence of an estimator to the true value in high dimensions. For each application studied in the paper, several GAMs are compared and the best model is selected using AIC, UBRE score, deviances, and R-sq (adjusted. The econometric techniques utilized in the paper are widely applicable to the analysis of count, binary response and duration types of data encountered in business and economics.
Lee, S.K. [Korea Energy Economics Institute, Euiwang (Korea)
particular, has a promising future of various businesses in terms of designing, auditing, and consulting related to efficient use of energy sources. Integrated energy service business models might undergo a process of rearrangement based on functions between energy sources. Areas expected to be integrated include production sectors, whole-sale as well as retail sectors, and consumer service sectors. First, integration of local distributive pipeline business, gas sales, and small scale district heat business is expected in the production sector, which is a popular type in foreign countries. Second, general energy whole-sale and retail business is a major business model in the whole-sale and retail sectors. Internet-based auction can be included in this category. Third, consumer service businesses such as metering services based on integration of network energy industries for electricity, oil and gas consumption in the consumer service sectors. Eventually, integrated energy service business models will be merged into one model, for integration implies limitless combination of service businesses based on functions regardless of their energy sources. However, as seen in the case of Enron, no clear answer is provided to the question whether integrated energy service business is market-efficient. It is similar to asking which areas can be integrated into a most economically efficient one. There will be an endless process of integration after disintegration in pursuit of profits and business interests. In this context, institutional arrangements relevant to the integrated energy service should be considered in terms of the present individual energy laws and issues in the emerging new business environment. Thus, this study investigates issues such as regulations related to market-exit and -entrance, and business activities in order to introduce and maintain competition in the energy service business sector. However, the current energy business laws which focus on the establishment
Full Text Available Complexity and uncertainty have evolved as important challenges for entrepreneurship in many industries. Value Delivery Architecture Modeling (VDAM is a proposal for a new approach for business modeling to conquer these challenges. In addition to the creation of transparency and clarity, our approach supports the operationalization of business model ideas. VDAM is based on the combination of a new business modeling language called VDML, ontology building, and the implementation of a level of cross-company abstraction. The application of our new approach in the area of electric mobility in Germany, an industry sector with high levels of uncertainty and a lack of common understanding, shows several promising results: VDAM enables the development of an unambiguous and unbiased view on value creation. Additionally it allows for several applications leading to a more informed decision towards the implementation of new business models.
Dehn, J.; Webley, P. W.
Many universities look to start-up companies as a way to attract faculty, supporting research and students as traditional federal sources become harder to come by. University affiliated start-up companies can apply for a broader suite of grants, as well as market their services to a broad customer base. Often university administrators see this as a potential panacea, but national statistics show this is not the case. Rarely do universities profit significantly from their start-ups. With a success rates of around 20%, most start-ups end up costing the university money as well as faculty-time. For the faculty, assuming they want to continue in academia, a start-up is often unattractive because it commonly leads out of academia. Running a successful business as well as maintaining a strong teaching and research load is almost impossible to do at the same time. Most business models and business professionals work outside of academia, and the models taught in business schools do not merge well in a university environment. To mitigate this a new business model is proposed where university start-ups are aligned with the academic and research missions of the university. A university start-up must work within the university, directly support research and students, and the work done maintaining the business be recognized as part of the faculty member's university obligations. This requires a complex conflict of interest management plan and for the companies to be non-profit in order to not jeopardize the university's status. This approach may not work well for all universities, but would be ideal for many to conserve resources and ensure a harmonious relationship with their start-ups and faculty.
Fen Wang; Natalie Lupton; David Rawlinson; Xingguo Zhang
This paper describes a Web-based intelligent decision making support system (DMSS) to deliver balanced scorecard (BSC) based modelling and analysis in support of strategic E-business management. This framework supports E-business managers during the strategy making process in a comprehensive, integrated, and continuous manner. The paper demonstrates how practitioners can use this system to deliver a wide range of embodied E-business strategy expertise in support of real-time decision making.
When SME´s practice business model (BM) innovation (BMI), leading strategically BMs through the innovationprocess can be the difference between success and failure to a BM. Business Model Innovation Leadership(BMIL) is however extremely complex to carry out especially to small and medium size enterprises (SME).There are so many opportunities, pitfalls and strategies to consider while “the business” has to be operatedsimultaneously.The paper provides a study of BMIL in practise in SME´s and sh...
Custin, Richard E.; Demas, John C.; Lampe, Marc; Custin, Colette L.
Undergraduate business law courses typically utilize traditional textbooks organized by topic. Individual chapters, address the usual topics including contracts, torts, the court system and ethics. An innovative approach to facilitating a business law course involves segregating sections of the course into common business disciplines. Rather than…
Narimantas Kazimieras Paliulis
Full Text Available The paper examines the practical usefulness of information technologies in business reviewing electronic business concepts provided in science literature and also the newest tendencies of electronic business development. The paper offers a review of various authors works on e-strategies and IT influence on companies’ functionality. An analysis of disadvantages in various electronic business development models is provided. On the basis of analyses done on the theory of electronic business development and on disadvantages of e-business models, the main aspects of e-business development as sustainable competitive advantage are identified. A fully – formed model of electronic business development as sustainable competitive advantage is presented. Conclusions are provided.Article in Lithuanian
Emmersberger, Christoph; Springer, Florian; Wolff, Christian
Location-based Services (LBS)  have already started their market penetration process and several platforms capable of running LBS are available. With the number of LBS increasing, the current development is targeting consumer applications, although LBS have a high potential for enhancing business processes in companies as well. Considering business process optimization, one concept recently discussed in the field of Business Process Management (BPM)  is Event-Driven Business Process Man...
Lindgren, Peter; Taran, Yariv
The development and innovation of business models to a secure distributed cloud clustering society (DISC)—is indeed still a complex venture and has not been widely researched yet. Numerous types of security technologies are in these years proposed and in the “slip stream” of these the study of...... secure business models and how business models can be operated and innovated in a secure context have intensified tremendously. The development of new mobile and wireless security technologies gives hopes to really realize a secure cloud clustering society where business models can act and be innovated...... secure—but we still have some steps to go before we reach the final destination. The paper gives a conceptual futuristic outlook on behalf of the input from SW2010 and state of the art business model research to what we can expect of business Model and business model innovation in a future secure cloud...
Full Text Available Business Process Management (BPM importance and benefits for organizations to focus on their business processes is nowadays broadly recognized, as business and technology areas are embracing and adopting the paradigm. The Service Oriented Computing (SOC paradigm bases software development on services to realize business processes. The implementation of business processes as services helps in reducing the gap between these two areas, easing the communication and understanding of business needs. The Model Driven Development (MDD paradigm bases software development in models, metamodels and languages that allow transformation between them. The automatic generation of service models from business process models is a key issue to support the separation of its definition from its technical implementation. In this article, we present MINERVA framework which applies Model Driven Development (MDD and Service Oriented Computing (SOC paradigms to business processes for the continuous business process improvement in organizations, giving support to the stages defined in the business process lifecycle from modeling to evaluation of its execution.
Full Text Available Multi Level Marketing is a very popular business model in the Western countries. It is a kind of hybrid of the method of distribution of goods and the method of building a sales network. It is one of the safest (carries a very low risk ways of conducting a business activity. The knowledge about functioning of this business model, both among theoreticians (scanty literature on the subject and practitioners, is still insufficient in Poland. Thus, the presented paper has been prepared as — in the Authors' opinion — it, at least infinitesimally, bridges the gap in the recognition of Multi Level Marketing issues. The aim of the study was, first of all, to describe Multi Level Marketing, to indicate practical benefits of this business model as well as to present basic systems of calculating a commission, which are used in marketing plans of companies. The discussion was based on the study of literature and the knowledge gained in the course of free-form interviews with the leaders of the sector.
Full Text Available The present paper proposes a methodology of analyzing the metrics related to electronic business. The drafts of the optimizing models include KPIs that can highlight the business specific, if only they are integrated by using learning-based techniques. Having set the most important and high-impact elements of the business, the models should get in the end the link between them, by automating business flows. The human resource will be found in the situation of collaborating more and more with the optimizing models which will translate into high quality decisions followed by profitability increase.
Mishlanova Marina Yur’evna
Full Text Available The article is devoted to the development of the main provisions of realtor business modeling. In the paper the development of notational complex is presented, which is involved in the design of the conceptual model, the formation of a reference model of real estate business and basic rules for the implementation of the model. In the construction of the proposed model important notational aspects are highlighted. Functional orientation of real estate business for rendering services reflects a functional approach to business modeling. In order to ensure the assessment of the offered services it is proposed to implement a nested model of the object. A reasonable functional approach using object-based elements allows optimizing the processes of business modeling and assessment of the results. The article discusses functional modeling of business, focusing on the results. Synchronizing the functional model with the models of business processes and sub-models of objects, in particular, the model of business result, contributes to the improvement of the notations tools. The article presents the adaptation of the template of the business model to the conditions of the realtor activity. The proposed reference model specifies the logical scheme of decomposition activity, which detaches economic, social and other values. The decomposition of services into functional groups with account for individual values and functional modules is presented: buying and selling real estate; mortgages and loans; rent of residential and commercial property; an independent evaluation of real estate; consultations concerning the issues of real estate transactions. In the focus of the results of business processes and performance standards of realtor organizations transitional notation to the evaluation system efficiency of business performance is developed. The simplest method of feedback for assessing customer satisfaction and, consequently, system efficiency is offered
Business Models can be used to assess and to evaluate the management system of an organization. In this paper, it will be described the EADS-CASA experience of integrating the EFQM Model with the organization business model, how areas for improvement have been identified and managed from 1994 up to now. It will also be described the implementation process of selected improvement actions, describing among others, how Environment Health and Safety Management of facilities and employees and how Safety and Reliability Management of our products is implemented within the organization
CHU Wang; QIAN Depei
This paper combines semantic web technology with business modeling and yields semantic business model that is semantically described in terms of roles and relationships. The semantic business model can be used to discover grid services by means of automation tools. The gap between business goals and grid services is bridged by role relationships and compositions of them, so that the virtual organization evolution is supported effectively. Semantic business model can support virtual organization validation at design stage rather than at run-time stage. The designers can animate their business model and make initial assessment of what interactions should occur between roles and in which order. The users can verify whether the grid service compositions satisfy business goals.
The revolution of Information Communication Technology (ICT) and globalization leverages the business model concept to become more popular in order to support the firm to achieve competitive advantage in dynamic business environment. The start up is not restrict in their size and their novelty but able to be agile by efficiently and effectively exploiting business opportunity through business model innovation. Given these points, the study want to find an optimal combination and fit between t...
Business model innovation (BMI) has been a hot issue in the field of business model research, but no consensus exists. Based on the three-phase-coding of Grounded Theory,this paper systematically combs out 26 previous researches from SSCI in business model innovation, and constitutes a conceptual model of innovation generation mechanism, which has four main categories. It provides not only a universal adaptive model for various types of businesses, but also offers guidance for businesses in progress and also lays a foundation for business model research at a deeper level as well.%商业模式创新研究已成为商业模式研究领域的热点问题，但仍存在多方面的不足。利用扎根理论对26篇相关的SSCI论文进行三阶段编码分析，构建了一个由商业模式创新的前因、创新目标、创新路径的选择与实施及创新的结果与评估4个主范畴组成的商业模式创新生成机理的概念模型，为不同类型企业的商业模式创新提供了一个普遍适应的样板，为正在进行商业模式创新的企业提供指导，也为更深层次地研究商业模式问题奠定基础。
Full Text Available Knowledge management (KM is increasingly recognised as a strategic practice of knowledge-intensive companies, becoming an integral part of an organisation's strategy to improve business performance. This paper provides an overview of business process modelling applications and analyses the relationship between business process modelling and knowledge management projects. It presents the case study of Croatian leading banks and the insurance company, discussing its practical experience in conducting business process modelling projects and investigating the opportunity for integrating business process repository and organisational knowledge as the foundation for knowledge management system development.
Alexander Osterwalder; Yves Pigneur; Sarra Ben Lagha
In this paper we demonstrate that modeling e-business strategies is important in a time where the first e-business disillusionment has taken place. The objective of this Paper is twofold. First we propose a theoretical e-business model framework (eBMF) for aligning e-business initiatives and projects. This framework rep-resents an ontology, which will allow firms to develop a sound e-business model, in an environment that is amongst other things characterized by new forms of network organizat...
Evgeny, Andreevich; Vladimir, Anatolievich
In this article the problem of business processes modeling languages consolidation in a uniform management system is considered. It will be shown that it is reasonable to use automata-based programs as a base for proposed system.
LUZ MARÍA MARÍN VINUESA
This paper synthesizes the research based on the relationship between quality and performance. This review is carried out from different research design types: measures of quality management and business performance, and different research models. We focus our review on research studies written to analyze the relationship between TQM and business performance suggesting that some models that simultaneously use subjective and objective business performance measures could contribute to understan...
Andersen, Troels Christian; Bjerrum, Torben Cæsar Bisgaard
This article provides a new contribution to the concept of business models with the focus on the emerging gap between the usage of data, service and business models by suggesting a framework that function as a service and data driven business model platform. The purpose is to support manufacturin...... framework provides the necessary construction of how the manufac- turing companies can evolve their current business to provide multi service and data driven business models, using the same resources, networks and customers....... companies in establishing a service organization that delivers, creates and captures value through service and data driven business models by utilizing their network, resources and customers and/or users. Furthermore, based on literature and collaboration with the case company, the suggestion of a new...
Taconet, Marc; Ellenbroek, Anton; Castelli, Donatella; Pagano, Pasquale (ISTI-CNR); Caumont, Herv?; Bernal, Patrice; Garavelli, Sara; Parker, Stephanie
An activity to define the mission statement of the initiative, assess the type of business model centred on a public partnership, propose a business plan for sustaining the iMarine baseline activities, and prepare the ground for a business plan under a growth scenario
W. van der Aa
In this paper we present a framework for service business models. We build on three streams of research. The first stream is the service management and marketing literature that focuses on the specific challenges of managing a service business. The second stream consists of research on e-business mo
Daft, Jost; Albers, Sascha
Based on a sample of 26 European passenger airlines, this study analyzes the development of airline business models over time. We used various distance measures to calculate concrete differentiation levels among these airlines between 2004 and 2012. The results indicate increasing similarity among these airlines, which lends support to the generally assumed convergence trend. The present paper complements the mostly qualitative and anecdotal literature on convergence in the airline industry, ...
Full Text Available The Internet technology has brought major changes to the way business is conducted today. Many terms have been coined to represent the electronic concepts and applications such as e-Business and e-Commerce terms. These terms are commonly used to represent the new transformation of business processes and transactions. In Malaysia, e-Business adoption has not only captured the interest of large organizations but it has also been acknowledged and adopted by small, medium and micro sized enterprises. Implementing e-Business requires significant changes in the company’s structure, culture, strategy, procedures and responsibilities. However, the challenges never stop people from venturing into this new business concept. The aim of this study is to look into e-Business potential for micro sized businesses that operates from home. In this study both qualitative and quantitative method are used. This paper present a review of the literature pertaining to e-Business, home-based business, the qualitative study and the early findings from the study.
Full Text Available With increasing globalization in the business arena, the phenomenal growth of international business has created a heavy demand for intellectuals with international business communication competence. Business communication competence, as one of the paramount competences business English majors should acquire and the particular embodiment of competitiveness, is of vital significance not only in personal development, but also in enterprises management, just as Liu (2012 claims “[e]ffective business communication is the lifeblood of every organization, and a key to success in one’s career”. There is, nevertheless, no universally accepted model for what excellent business communication competence should consist of up to now. Hence, the overriding aim of the present study is to identify Chinese business English majors’ communication competence relevant to the contemporary communication environment. Identification of these skills should aid business communication educators and students in addressing practical concerns in their teaching and learning. The unified model to be put forward covers four kinds of core competence, i.e. English competence, fundamental business knowledge and skills, excellent intercultural communication competence, and luxuriant humanistic quality, together with three other skills, which are also indispensable, including scenario analysis competence, outstanding technology-mediated communication competence, and non-verbal communication competence.
Bernhard R. Katzy
Full Text Available Over 300 regions have integrated the concept of living labs into their economic development strategy since 2006, when the former Finnish Prime Minister Esko Aho launched the living lab innovation policy initiative during his term of European presidency. Despite motivating initial results, however, success cases of turning research into usable new products and services remain few and uncertainty remains on what living labs actually do and contribute. This practitioner-oriented article presents a business excellence model that shows processes of idea creation and team mobilization, new product development, user involvement, and entrepreneurship through which living labs deliver high-potential investment opportunities. Customers of living labs are identified as investors such as venture capitalists or industrial firms because living labs can generate revenue from them to create their own sustainable business model. The article concludes that living labs provide extensive support “lab” infrastructure and that it remains a formidable challenge to finance it, which calls for a more intensive debate.
Yariv Taran; Harry Boer; Peter Lindgren
Purpose: Relative to other types of innovations, little is known about business model innovation, let alone the process of managing the risks involved in that process. Using the emerging (enterprise) risk management literature, an approach is proposed through which risk management can be embedded in the business model innovation process. Design: The integrated business model innovation risk management model developed in this paper has been tested through an action research study in a Dani...
Muzellec, Laurent; Ronteau, Sébastien; Lambkin, Mary
Multi-sided platforms bring together two or more distinct but interdependent groups of customers, normally described as B2B and B2C. Two-sided platforms have proliferated rapidly with the Internet and this has led to the development of new business models to monetize innovative value propositions in online markets. This paper puts forward a model of the evolution of the marketing strategies and business models of two-sided Internet businesses. In this model, Internet inter...
Nichifor Maria Alexandra
Full Text Available Renewable energy has become a crucial element for the business environment as the need for new energy resources and the degree of climate change are increasing. As developed economies strive towards greater progress, sustainable business models are of the essence in order to maintain a balance between the triple bottom line: people, planet and profit. In recent years, European Union countries have installed important capacities of renewable energy, especially wind and solar energy to achieve this purpose. The objective of this article is to make a comparative study between the current sustainable business models implemented in companies that are active in the wind and solar energy sector in Romania. Both sectors underwent tremendous changes in the last two years due to changing support schemes which have had a significant influence on the mechanism of the renewable energy market, as well as on its development. Using the classical Delphi method, based on questionnaires and interviews with experts in the fields of wind and solar energy, this paper offers an overview of the sustainable business models of wind and solar energy companies, both sectors opting for the alternative of selling electricity to trading companies as a main source of revenue until 2013 and as the main future trend until 2020. Furthermore, the participating wind energy companies noted a pessimistic outlook of future investments due to legal instability that made them to reduce their projects in comparison to PV investments, which are expected to continue. The subject of the article is of interest to scientific literature because sustainable business models in wind and photovoltaic energy have been scarcely researched in previous articles and are essential in understanding the activity of the companies in these two fields of renewable energy.
Michael M. Goldman
The impact of economic recessions on business strategy and marketing has recently received increased research attention. However, these contributions are limited, especially with respect to sports marketing businesses and those operating in emerging markets. The main aim of this study was to examine the impact of the global recession on the business models of sports marketing businesses. Qualitative data were collected via semi-structured interviews with executives at market-leading sports ma...
As a new payment tool,NFC mobile payment has broad market prospects.China＇s NFC mobile payment is in the early stages of development.Industry competition is disorder,and participants work in their own way.The main impediment to market development is that the business model is unclear.For this reason,combined with NFC mobile payment industrial chain composition,this paper analyzes four kinds of NFC mobile payment business model,proposes suitable business model for China＇s NFC mobile payment.%NFC移动支付作为一种新兴的支付工具,具有非常广阔的市场前景。我国NFC移动支付处于发展初期,出现产业无序竞争,参与方各自为政,而运营模式不清晰成为市场发展的主要障碍。基于此,本文结合NFC移动支付产业链构成,分析了四种NFC移动支付的运营模式,提出了适合我国国情的NFC移动支付的运营模式。
Svee, Eric-Oluf; Giannoulis, Constantinos; Zdravkovic, Jelena
Business strategy lays out the plan of an enterprise to achieve its vision by providing value to its customers. Typically, business strategy focuses on economic value and its relevant exchanges with customers and does not directly address consumer values. However, consumer values drive customers’ choices and decisions to use a product or service, and therefore should have a direct impact on business strategy. This paper explores whether and how consumer values influence business strateg...
In this study, I have defined the first steps of creating a methodological framework to implement a cloud business application. The term 'cloud' here refers to applying the processing power of a network of computing tools to business solutions in order to move on from legacy systems. I have introduced the hardware and software requirements of cloud computing in business and the procedure by which the business needs will be found, analyzed and recorded as a decision making system. But first we...
The goal of this thesis is to draft business plan for mass customized online shoes shop, analysing the potential of the idea and profitability of business model. (I) First part of the thesis is theoretical background and it is divided in three chapters: (1) background on what is business model and how to write a business plan, (2) mass customization and (3) online shopping. At the end of every theoretical chapter there is practical implication for the business plan of the new venture. (II) Se...
Full Text Available Purpose: The purpose of this article is to investigate how business models are used by born global firms to act upon new business opportunities and how they manage business model innovation over time to prosper and grow. Design/Methodology: The study is based on three exploratory case studies of born global firms in mobile communication, financial services and digital music distribution. Findings: Three interrelated capabilities to manage business model innovation are articulated in the context of born global firms; sensing capabilities, entrepreneurial capabilities and relational capabilities and four propositions are formulated. We find that business model innovations are used as a tool by maturing born global firms to navigate the value chains and achieve international growth. We further propose that born global need the capabilities to balance different business model designs simultaneously and to manage its business model innovation in a timely manner. Originality: This article contributes to both the business model literature and research of international entrepreneurship. By putting business model research into the dynamic context of rapidly internationalizing born global firms, we contribute to the field of business model research with findings of how business models are used in the internationalization processes. Certain capabilities are needed to manage business model innovation for born global firms to dynamically use business models as a tool in the international growth overtime.
Decreus, Ken; Snoeck, Monique; Poels, Geert
The field of requirements engineering for business processes has grown during the last several years. As business processes are assumed to fulfil organizational goals, goal models could be transformed into business process models that specify how business processes fulfil the organizational goals. Although both the fields of Goal-Oriented RE (GORE) and Business Process Management (BPM) received a lot of attention from researchers, the methods to transform goal models into business process mod...
Burning of biomass for cooking is associated with health problems and climate change impacts. Many previous efforts to disseminate improved stoves – primarily by governments and NGOs – have not been successful. Based on interviews with 12 organizations selling improved biomass stoves, we assess the results to date and future prospects of commercial stove operations in India. Specifically, we consider how the ability of these businesses to achieve scale and become self-sustaining has been influenced by six elements of their respective business models: design, customers targeted, financing, marketing, channel strategy, and organizational characteristics. The two companies with the most stoves in the field shared in common generous enterprise financing, a sophisticated approach to developing a sales channel, and many person-years of management experience in marketing and operations. And yet the financial sustainability of improved stove sales to households remains far from assured. The only company in our sample with demonstrated profitability is a family-owned business selling to commercial rather than household customers. The stove sales leader is itself now turning to the commercial segment to maintain flagging cash flow, casting doubt on the likelihood of large positive impacts on health from sales to households in the near term. - Highlights: ► Business models to sell improved stoves can be viable in India. ► Commercial stove efforts may not be able to deliver all the benefits hoped for. ► The government could play a useful role if policies are targeted and well thought-out. ► Develops models for that hard-to-define entity mixing business and charity.
Bensel, Philipp; Vogeler, Stefan; Tröger, Ralph
During the implementation, upgrade and disposal of RFID-applications different tasks have to be performed. Since most companies outsource a great share of these activities, there is profit potential for service providers. The article introduces a typology for RFID-enabled and -supported services as well as support services. Potentially all sub processes can be outsourced to service providers. The RFID-process landscape presented in this article can help the users to identify processes for out...
Chang, Victor; Wills, Gary; De Roure, David
This paper reviews current cloud computing business models and presents proposals on how organisations can achieve sustainability by adopting appropriate models. Using the Jericho Forum’s Cloud Cube Model (CCM), we classify cloud computing business models into eight types: (1) Service Provider and Service Orientation; (2) Support and Services Contracts; (3) In-House Private Clouds; (4) All-In-One Enterprise Cloud; (5) One-Stop Resources and Services; (6) Government Funding; (7) Venture Capita...
Marlene Johansson; Jan Tony Abrahamsson
Purpose: The purpose of this article is to investigate how business models are used by born global firms to act upon new business opportunities and how they manage business model innovation over time to prosper and grow. Design/Methodology: The study is based on three exploratory case studies of born global firms in mobile communication, financial services and digital music distribution. Findings: Three interrelated capabilities to manage business model innovation are articulated in...
Taran, Yariv; Chester Goduscheit, René; Boer, Harry
This paper focuses on the challenges related to, and the risk management needed in, the process of business model innovation. Business model innovation may involve hefty investments, high levels of uncertainty, complexity and, inevitably, risk. Although many firms follow a first mover strategic...... industrial firms, we discuss the reasons that led to these failures, and outline various possible solutions for practitioners to manage business model innovation adequately....
Dejan Pajk; Mojca Indihar Štemberger; Andrej Kovačic
Enterprise resource planning (ERP) systems are often used by companies to automate and enhance their busi- ness processes. The capabilities of ERP systems can be described by best-practice reference models. The purpose of the article is to demonstrate the business process renovation approach with the use of reference models. Although the use of reference models brings many positive effects for business, they are still rarely used in Slovenian small and medium-sized compa- nies. The reasons fo...
Amit, Raphael; Zott, Christoph
We highlight business model innovation as a way for general managers and entrepreneurs to create and appropriate value, especially in times of economic change. Business model innovation, which involves designing a modified or new activity system, relies on recombining the existing resources of a firm and its partners, and it does not require significant investments in R&D. We offer managers and researchers a conceptual primer on business model innovation emphasizing the importance of system-l...
Delli Gatti, Domenico; Gallegati, Mauro; Giulioni, Gianfranco; Palestrini, Antonio
This book contributes substantively to the current state-of-the-art of macroeconomics by providing a method for building models in which business cycles and economic growth emerge from the interactions of a large number of heterogeneous agents. Drawing from recent advances in agent-based computational modeling, the authors show how insights from dispersed fields like the microeconomics of capital market imperfections, industrial dynamics and the theory of stochastic processes can be fruitfully combined to improve our understanding of macroeconomic dynamics. This book should be a valuable resource for all researchers interested in analyzing macroeconomic issues without recurring to a fictitious representative agent.
E-business process modeling allows business analysts to better understand and analyze the business processes, and eventually to use software systems to automate (parts of) these business processes to achieve higher profit. To support e-business process modeling, many business process modeling languages have been used as tools. However, many existing business process modeling languages lack (a) formal semantics, (b) formal computational model, and (c) an integrated view of the business process...
The service industries are characterized by the involvement of stakeholders in the innovation process. The aim of this study is to understand how, in the context of business-to-business services, the interplay between operational and strategic activities of an organization can be managed across the...... manage interactions between internal and external stakeholders of the organization they serve. The second proposition, on the other hand, depicts how business model innovators manage the interplay between strategic and operational activities by allocating responsibilities among internal and external...
Full Text Available Modeling of business processes, based on Business Process Modeling Notation (BPMN, helps analysts and managers to understand business processes, and, identify their shortages. These models provide a context to make rational decision of organizing business processes activities in an understandable manner. The purpose of this paper is to provide a framework for better understanding of business processes and their problems by reducing the cognitive load of displayed information for their audience at different managerial levels while keeping the essential information which are needed by them. For this reason, we integrate business process diagrams across the different managerial levels to develop a framework to improve the performance of business process management (BPM projects. This framework, which is referred to as “Business Process Improvement Framework Based on Managerial Levels (BPIML” in this paper, considers three levels of management (Organizational level managers, Process /Departmental level managers and Activity level managers for manager of an organization. Then, defines certain types of models based on BPMN, for each management level, by taking into the account the objectives and tasks of various managerial levels in organizations and their role in Business Process Management (BPM projects. This framework will make us able to provide the necessary support for making decisions about business processes. The framework is evaluated with a case study in a real business process improvement project, to demonstrate its superiority over the conventional method. A questionnaire consisted of 10 questions using Likert scale was designed and given to the participants (three managerial levels. The results of this questionnaire suggested that, managers and senior experts of the organization considered utilization of the proposed framework improving for implementation of BPM projects and provide support for correct and timely decisions by
Full Text Available The concept of the business model has been designed for aiding exploitation of the business potential of an innovation. This exploitation inevitably involves new activities in the organisational context and generates a need to select and arrange the resources of the firm in these new activities. A business model encompasses those resources that a firm has access to and aids in a firm’s effort to create a superior ‘innovation capability’. Selecting and arranging resources to utilise innovations requires resource allocation decisions on multiple fronts as well as poses significant challenges for management of innovations. Although current business model conceptualisations elucidate resources, explicit considerations for the composition and the structures of the resource compositions have remained ambiguous. As a result, current business model conceptualisations fail in their core purpose in assisting the decision-making that must consider the resource allocation in exploiting business opportunities. This paper contributes to the existing discussion regarding the representation of resources as components in the business model concept. The categorized list of resources in business models is validated empirically, using two samples of managers in different positions in several industries. The results indicate that most of the theoretically derived resource items have their equivalents in the business language and concepts used by managers. Thus, the categorisation of the resource components enables further development of the business model concept as well as improves daily communication between managers and their subordinates. Future research could be targeted on linking these components of a business model with each other in order to gain a model to assess the performance of different business model configurations. Furthermore, different applications for the developed resource configuration may be envisioned.
Klarl, Heiko; Wolff, Christian; Emig, Christian
The modelling of business processes is widely used in enterprises. Though this is very common, requirements for identity management and access control are often collected separately in documents or requirement tools. Due to the business-driven background of access control, this kind of requirement should be collected at the business site's business process model. This work introduces a meta-model for modelling access control requirements at the business process level. It combines the model an...
The report presents an opportunity assessment for the business model of the Semiconductor Consulting Services Provider (SCSP) within the semiconductor industry. This assessment justifies the business needs for this model by examining the evolution of the semiconductor industry to date. The value proposition of this model is discussed based on its cost advantages relative to existing operating models within the industry. The two dominant operating models in the semiconductor industry, namely, ...
Hafer, Nathaniel; Maidment, Bert W; Hatchett, Richard J
The National Institute of Allergy and Infectious Diseases (NIAID) Radiation/Nuclear Medical Countermeasures Development Program has developed an integrated approach to providing the resources and expertise required for the research, discovery, and development of radiation/nuclear medical countermeasures (MCMs). These resources and services lower the opportunity costs and reduce the barriers to entry for companies interested in working in this area and accelerate translational progress by providing goal-oriented stewardship of promising projects. In many ways, the radiation countermeasures program functions as a "virtual pharmaceutical firm," coordinating the early and mid-stage development of a wide array of radiation/nuclear MCMs. This commentary describes the radiation countermeasures program and discusses a novel business model that has facilitated product development partnerships between the federal government and academic investigators and biopharmaceutical companies. PMID:21142762
Sakao, Tomohiko; McAloone, Tim C.
/Service-Systems (PSS) design. This paper first explains PSS design as a type of an expansion of the engineering design of a physical product. Secondly, it gives a review of PSS research and a projection of future research issues, also ranging out into untraditional fields of research. Finally, it presents a new......Looking back over the last decade, the importance of an expanded understanding of engineering design has been shared within the engineering design community. Presented concepts and methods to support such expansion include Functional Product Development, Service Engineering, and Product...... promising concept beyond PSS design; via an integrated development of technology and business model. This can be of particular interest for further research, especially due to its high freedom for designers....
Uliyanova, Anastasia; Holm, Anna B.; Nielsen, Anne Ellerup
management literature on triggers of business model change reveals that the literature is sparse in describing the change in young consumers1’ requirements of value of news put in a broader context of postmodernity; neither does it put focus on understanding of young consumers’ alternating and fragmented...... identities as one of the main triggers of value proposition change in newspaper firms. The present paper seeks to fill in this research gap by focussing on young consumers’ understanding of news value in the age of postmodernity and assuming that the postmodern features of fragmentation, decentering of the...... present paper’s main contribution lies in shedding light on young consumers’ construction of news value in postmodern era and conceptualizing a strategy of value fragmentation in designing news products for newspaper companies....
Black, Simon; Groombridge, Jim
The current shortfall in effectiveness within conservation biology is illustrated by increasing interest in "evidence-based conservation," whose proponents have identified the need to benchmark conservation initiatives against actions that lead to proven positive effects. The effectiveness of conservation policies, approaches, and evaluation is under increasing scrutiny, and in these areas models of excellence used in business could prove valuable. Typically, conservation programs require years of effort and involve rigorous long-term implementation processes. Successful balance of long-term efforts alongside the achievement of short-term goals is often compromised by management or budgetary constraints, a situation also common in commercial businesses. "Business excellence" is an approach many companies have used over the past 20 years to ensure continued success. Various business excellence evaluations have been promoted that include concepts that could be adapted and applied in conservation programs. We describe a conservation excellence model that shows how scientific processes and results can be aligned with financial and organizational measures of success. We applied the model to two well-documented species conservation programs. In the first, the Po'ouli program, several aspects of improvement were identified, such as more authority for decision making in the field and better integration of habitat management and population recovery processes. The second example, the black-footed ferret program, could have benefited from leadership effort to reduce bureaucracy and to encourage use of best-practice species recovery approaches. The conservation excellence model enables greater clarity in goal setting, more-effective identification of job roles within programs, better links between technical approaches and measures of biological success, and more-effective use of resources. The model could improve evaluation of a conservation program's effectiveness and may be
Shariff, Arifulla; Elsalhy, Mennatullah
This study investigates the drivers and forms of business model innovation. It is built on the business model innovation typology proposed by Koen et al. (2011), we have developed its dimensions into Hurdle rate, technology, partners value network and customer value network. The study used these dimensions as a base to differentiate between the two approaches of the business model innovation which were identified as innovating the existing business model approach and multiple business model a...
Massimo Cortili; Manuela Menegotto
In a world characterized by hyper-competition (Gunther and D'Aveni 1994) and globalization (Knight 2000), the business model concept is becoming more and more popular. From the literature review arises a lack of a generally accepted definition of what it is, despite the growing importance of this concept. The paper is structured in five main sections. In the first one we present a review of the business model literature. The literature on business models is not exhaustive and moreover many au...
Milani, Fredrik; Dumas, Marlon; Ahmed, Naved; Matulevičius, Raimundas
Business processes usually do not exist as singular entities that can be managed in isolation, but rather as families of business process variants. When modelling such families of variants, analysts are confronted with the choice between modelling each variant separately, or modelling multiple or all variants in a single model. Modelling each variant separately leads to a proliferation of models that share common parts, resulting in redundancies and inconsistencies. Meanwhile, modelling all v...
Terai, Koichi; Izumi, Noriaki; Yamaguchi, Takahira
In order to build the Web-based application as a shopping site on the Web, various ideas from the different viewpoints are required, such as enterprise modeling, workflow modeling, software development, and so on. From the above standpoint, this paper proposes an integrated environment to support the whole development process of analysis, design and implementation of business application. In order to reuse know-hows of various ideas in the business application development, we device a multi-grain-size repository, which consists of coarse-, middle-, and fine-grain-size repositories that correspond to the enterprise models, workflow models, and software models, respectively. We also provide a methodology that rebuilds heterogeneous information resources required for the business applications development into a multi-grain-size repository based on ontologies. The contents of the repositories are modeled by the is-a, has-a, and E-R relations, and described by the XML language. We have implemented Java-based prototype environment with the tools dealing with the multi-layered repository and confirmed that it supports us in various phases of business application development including business model manifestation, detailed business model definition and an implementation of business software applications.
Full Text Available In this research paper we have explained and presented the results of a novel database recovery method. Taking into account that most data servers today are becoming increasingly autonomic and business process oriented, there is a need to develop a new model where it is possible to do a database recovery based on the occurrence of a business process rather than non intuitive data like time, log file name/location or system change number. The advantage of this recovery model is that the user will no longer be required to remember non intuitive data like timestamp up to which the data has to be restored, log file name/location or system change number. Moreover the database server has built in intelligence to identify transaction behaviour, study the pattern among these batches and then storing recovery information specific to these business process to be used later for recovery. Another advantage is that the down time needed for restoring the database is reduced drastically since the trial and error approach followed by conventional data servers in the absence of accurate recovery information is eliminated. We have also simulated the Idea using JAVA API’s and Apache Derby and presented the experimental results for reference..
Full Text Available Business models are seen as an essential part of successful businesses as they define the way companies create value for their customers and subsequently make profit from their operations. A good business model has a potential to separate a company from its competitors by creating a competitive advantage. The purpose of this research is to explore how managers understand and deploy the business model concept in construction. For this, eight experienced managers have been interviewed and their answers have been analysed using the theoretical aspects of business models as a reference. In the interviews, managers deployed business model concept very differently than what is accustomed in practice and in academia; they relate these models to different project delivery and contract structures or to companies’ business segments rather than to analysing how their companies provide value for customers in the selected markets. The results of the interviews indicate that the managers in construction do neither understand the concept properly nor exploit any similar value creation analysis in their business. The interviewees had significant problems describing their companies’ business models and value creation logic, pointing out the lack of analysis and understanding of customer values and needs in the project delivery process. This may be one of the overtones of the persistent client dissatisfaction in the construction industry.
Full Text Available Business models are seen as an essential part of successful businesses as they define the way companies create value for their customers and subsequently make profit from their operations. A good business model has a potential to separate a company from its competitors by creating a competitive advantage. The purpose of this research is to explore how managers understand and deploy the business model concept in construction. For this, eight experienced managers have been interviewed and their answers have been analysed using the theoretical aspects of business models as a reference. In the interviews, managers deployed business model concept very differently than what is accustomed in practice and in academia; they relate these models to different project delivery and contract structures or to companies’ business segments rather than to analysing how their companies provide value for customers in the selected markets. The results of the interviews indicate that the managers in construction do neither understand the concept properly nor exploit any similar value creation analysis in their business. The interviewees had significant problems describing their companies’ business models and value creation logic, pointing out the lack of analysis and understanding of customer values and needs in the project delivery process. This may be one of the overtones of the persistent client dissatisfaction in the construction industry.
Page, Michael; Spira, Laura F.
Recently businesses have been encouraged to discuss their business models in their annual reports as a means of communicating their future intentions to readers of their financial statements. At the same time, corporate governance has continued to be a focus of attention. In this paper we set out the view that a useful way of regarding corporate governance is that of custodianship of the business model – by which we mean that the directors are responsible for sustaining and developing a compa...
Marija Anđelković Pešić; Vesna Janković Milić; Aleksandra Anđelković
Business process management maturity model enables description of "as-is" enterprise's state, in terms of presence and acceptance of process approach.The heart of this model includes five factors or levers, critical for successful implementation of business process management. These factors are: strategic approach, process management, technology, employee management, and business culture. The above-mentioned factors influence the level of enterprise's maturity. At each level, an enterprise is...
Knowledge management (KM) is increasingly recognised as a strategic practice of knowledge-intensive companies, becoming an integral part of an organisation's strategy to improve business performance. This paper provides an overview of business process modelling applications and analyses the relationship between business process modelling and knowledge management projects. It presents the case study of Croatian leading banks and the insurance company, discussing its practical experience in con...
Salama, Ahmad; Parvez, Khawar
In this thesis major challenges of creating business models at incumbents within mature industries are identified along with a mitigation plan. Pressure is upon incumbent organizations in order to keep up with the latest rapid technological advancements, the launching of startups that almost cover every field of business and the continuous change in customers’ tastes and needs. That along with various factors either forced organizations to continually reevaluate their current business models ...
MEGAS is a simulation model representing fundamental parameters of Corpoven's natural gas and NGL production, handling, processing, transportation and distribution systems in the Venezuelan mid-east, as well as its financial implications. Various strategies regarding development, prices, costs, new business opportunities, production scenarios, demand and energy policies can be evaluated through this model in order to determine, after analyzing the economics results, a set of strategies to follow in the mid and long term. MEGAS could be also used to make risk analysis studies, considering that probabilistic parameters and variables like gas quality, production, demand, plant shutdowns and others are to be represented by their distinctive function. It is possible to set up a probabilistic function for each economic indicator or operating variables with an appropriate experiment design. MEGAS is based on a dynamic simulation language, which facilitates both the real system components representation and the main variables statistical data accumulation. It also allows graphical representation of results and the simulation animation. Demand and price forecasts, new projects, costs and capabilities of the systems are some of the model input data. MEGAS should be considered as a tool that eases the strategic planning of the business, making it possible for the Corporation to foresee changes, both in the domestic and international market, to predict how these changes could affect its business affairs and to visualize different return scenarios
Provance, Mike, E-mail: firstname.lastname@example.org [Old Dominion University, Norfolk, VA 23529 (United States); Donnelly, Richard G.; Carayannis, Elias G. [George Washington University, Washington, DC 20052 (United States)
Business model choice plays an important source of competitive advantage for new ventures in the microgeneration sector. Yet, existing literature focuses on strategic management of internal resources as the constraints in this choice process. In the energy sector, external factors may be at least as influential in shaping these business models. This paper examines the roles of politico-institutional and socio-institutional dynamics in the choice of business models for microgeneration ventures. Business models have traditionally been viewed as constructions of the internal values, strategies, and resources of organizations. But, this perspective overlooks the role that external forces have on these models, particularly in more highly institutionalized contexts like microgeneration. When these factors are introduced into the existing framework for business model choice, the business model based less on firm decision-making and more about variables that exist within national innovation systems and political structure, local socio-technological conditions, and cognitive abilities of the entrepreneur and corresponding stakeholders. - Highlights: > This work provides theoretical foundation for variation in microgeneration business models. > Explores institutional influences on strategic view of business model choice. > Compares the nature of microgeneration across geo-political contexts.
Business model choice plays an important source of competitive advantage for new ventures in the microgeneration sector. Yet, existing literature focuses on strategic management of internal resources as the constraints in this choice process. In the energy sector, external factors may be at least as influential in shaping these business models. This paper examines the roles of politico-institutional and socio-institutional dynamics in the choice of business models for microgeneration ventures. Business models have traditionally been viewed as constructions of the internal values, strategies, and resources of organizations. But, this perspective overlooks the role that external forces have on these models, particularly in more highly institutionalized contexts like microgeneration. When these factors are introduced into the existing framework for business model choice, the business model based less on firm decision-making and more about variables that exist within national innovation systems and political structure, local socio-technological conditions, and cognitive abilities of the entrepreneur and corresponding stakeholders. - Highlights: → This work provides theoretical foundation for variation in microgeneration business models. → Explores institutional influences on strategic view of business model choice. → Compares the nature of microgeneration across geo-political contexts.
E-business process modeling allows business analysts to better understand and analyze the business processes, and eventually to use software systems to automate (parts of) these business processes to achieve higher profit. To support e-business process modeling, many business process modeling langua
Bjerrum, Torben Cæsar Bisgaard; Andersen, Troels Christian; Aagaard, Annabeth
ability to adapt these new DDBM depends on the ability to pick up, share and develop knowledge between customers, partners and the network. This knowledge can be embedded into core BMs and constitutes a strategic opportunity enabling businesses to extract value from data into BMI, resulting in DDBMs......This paper aims to understand the barriers that businesses meet in understanding their current business models (BM) and in their attempt at innovating new data driven business models (DDBM) using data. The interdisciplinary challenge of knowledge exchange occurring outside and/or inside businesses......, that gathers knowledge is of great importance. The SMEs have little, if no experience, within data handling, data analytics, and working with structured Business Model Innovation (BMI), that relates to both new and conventional products, processes and services. This new frontier of data and BMI will have...
Vaidas Vilmantas; Borisas Melnikas
The article, in a complex way, analyzes the needs of marketing improvement in developing biotechnologybased business and highlights its role in the context of modern society and globalization challenges. The article distinguishes between the existing problems of biotechnology business, the present perspectives and specific characteristics of developing the marketing of biotechnological business. The paper represents the possibility of the substantial modernization of marketing tools with reg...
Ranerup, Agneta; Zinner Henriksen, Helle; Hedman, Jonas
” that includes dialogues, user evaluations, long-term perspectives on choice, promotion of the ideal of choice, and self-promotion by public agencies. The article contributes to research with its empirical example of the digitalization of NPM and the underlying business logic of PSPs.......Public Service Platforms (PSPs) are a new type of technology platform. They are based in the philosophy of New Public Management (NPM) and support public services for citizens in quasi-markets. This article increases our understanding of the business models behind these PSPs in terms of their Value...... Propositions, structures, networks, and financing. We interviewed representatives from 14 PSP providers in four public sectors in Sweden: education, healthcare, elder care, and public pensions. We identified a “Traditional view” with its focus on public agencies and neutral information and an “Emerging view...
Ranerup, Agneta; Zinner Henriksen, Helle; Hedman, Jonas
Public Service Platforms (PSPs) are a new type of technology platform. They are based in the philosophy of New Public Management (NPM) and support public services for citizens in quasi-markets. This article increases our understanding of the business models behind these PSPs in terms of their Value...... Propositions, structures, networks, and financing. We interviewed representatives from 14 PSP providers in four public sectors in Sweden: education, healthcare, elder care, and public pensions. We identified a “Traditional view” with its focus on public agencies and neutral information and an “Emerging view......” that includes dialogues, user evaluations, long-term perspectives on choice, promotion of the ideal of choice, and self-promotion by public agencies. The article contributes to research with its empirical example of the digitalization of NPM and the underlying business logic of PSPs....
Sund, Kristian J.; Bogers, Marcel; Villarroel Fernandez, Juan Andrei;
Exploring new business models may be a good way to stay competitive, but doing so can create tensions internally, in areas such as organizational structure and competition for resources. Companies exploring business model innovation may not recognize the inevitability of these tensions and thus b...
Sund, Kristian J.; Bogers, Marcel; Villarroel, J. Andrei;
The search for new business models forces established companies to experiment with organizational designs — and leads to tensions that should be anticipated and carefully managed.......The search for new business models forces established companies to experiment with organizational designs — and leads to tensions that should be anticipated and carefully managed....
Rohrbeck, René; Konnertz, L.; Knab, S.
firms have collaborated to envision and create new business models in the energy industry. After describing this collaborative business modelling (CBM) approach, we discuss its strengths and limitations and compare it to two alternative methods of strategy and innovation planning: scenario technique and...
Full Text Available The objective of this paper is to develop the conceptual integration of strategy and business model. Theoretical method is used in order to achieve this objective. The theory building leads to the construction of conceptual model of strategy and business model, and provides its underlying logic. The main finding is that strategy is a pattern within which a business model changes. Only one strategy may exist for a firm in a concrete time frame, while there may be countless business models in the same period. Therefore, strategy represents the sum of all business models and their changes within a specified period. Each business model matches the set of functional strategies and their interdependencies, making strategic content in some particular moment, i.e. each business model is actually a bisection of the business strategy or a bisection of a set of functional strategies in one concrete moment. This specific contribution can be understood only if one takes an appropriate viewpoint of the process of strategy formation, namely the reactive perspective.
Today’s world is one of growing data, yet few companies have succeeded in leveraging data as a key resource for novel business models. Meanwhile, a profound shift is likewise taking place in the dominant logic of how companies create value for customers. Established processes for business model innovation are helpful for validating and implementing an initial vision. However, little guidance is available on how to systematically envision using data in service innovation. This thesis aims ...
Sefton, Clive A.; Cox, Rodney J.
This paper presents an evaluation of a farm-business assessment model that uses financial performance measures and tracks â€˜wealth changeâ€™ to evaluate performance trends over time, and ranks the relative business performance of commercial participants. Its core component involves the use of comparative analysis, which is structured as an introductory rapid-assessment model, together with a ranking system that has been designed to differentiate the relative performance levels of farm busine...
移动商务企业之间的竞争取决于商业模式竞争，其本质在于价值竞争。文章基于价值的动态变化过程，构造了价值流模型，分析了模型的线性直通式、协作传递式、包容回归式三种价值流结构形态，提出三种价值流结构形态相对应的BtoM,B&BtoM和BtoM&MtoB三种移动商业模式，为企业选择商业模式提供了策略参考。%Mobile commerce market competition will depend on the business model of competition between en⁃terprises. Its essence depended on the value competition. In this paper, based on dynamic change process of val⁃ue,the value stream model is constructed. Analyzes the model of linear straight-through type, collaborative-trans⁃mission type, inclusive-regression type three kinds of structure form. Based on value stream, the paper puts for⁃ward B to M, B&B to M and B to M&M to B three business model, to provide mobile business enterprise sustain⁃able development strategic choice.
Emergent business models seek to take advantage of new market mechanisms driven by technological changes, particularly those related to the production and delivery of clean or sustainable energy. Such business models often function at the intersection of various industries, with global views, and the resulting systems have distinct social, political, environmental, economic, technological, and business dimensions. Such holistic systems are not only difficult to develop but also require support from a broad range of actors with effective regulations and policies in place, such that the firm functions within a framework that integrates various factors. This study substantiates such a framework by detailing the nascent algae-based bio-fuel industry that caters to the aviation sector while arguing that businesses in the energy industry can emerge as a next-practice platform that drive a sixth wave of innovation. The framework begins with three basic enablers, innovation, flexibility, and sustainability, and explains how value from renewable energy technologies can be created and captured sustainably and innovatively with new market mechanisms implemented by firms with green business models. - Highlights: • We develop a framework that enables the emergence of green energy business models. • We present a case study on the algae based biofuel system for airline industry. • The green business models in energy are global in nature and are next practice platforms. • New market mechanisms and policy measures lead to sustainable energy business models. • Innovation, flexibility and sustainability are the basic enablers of the framework
Full Text Available This paper describes a novel approach for addressing the issue of business-matching and recommending in business-to-business e-marketplaces. The presented matching system makes use of Collective Intelligence (CI means for identifying and recommending business opportunities that are best correlated with the users' need. The objective from this approach is to shift the focus from search-oriented matching, toward assistance-providing business matching systems for the next-generation e-marketplaces. At first, the content of business proposals which are submitted to the e-marketplace, along with their companies' profiles are parsed and indexed. The indexed data may be collected from electronically submitted entries, as well as from scanned and handwritten documents. The search engine starts by expanding the queried keywords, to enable an intuitive-like search. The look-up results are then filtered based on compatibility scoring mechanisms, based on CI techniques. The personalized business-matching results and recommendations are later served to the user via a novel visual interactive graphical interface. An experimental system-prototype applying the proposed and described approach is developed and now being experimentally tested, to fully demonstrate the capabilities of the proposed system on real-world data.
Full Text Available E-Business modelling and ebusiness systems development assumes fixed company resources, structures, and business processes. Empirical and theoretical evidence suggests that company resources and structures are emergent rather than fixed. Planning business activity in emergent contexts requires flexible ebusiness models based on better management theories and models . This paper builds and proposes a theoretical model of ebusiness systems capable of catering for emergent factors that affect business processes. Drawing on development of theories of the ‘action and design’class the Theory of Deferred Action is invoked as the base theory for the theoretical model. A theoretical model of flexible process architecture is presented by identifying its core components and their relationships, and then illustrated with exemplar flexible process architectures capable of responding to emergent factors. Managerial implications of the model are considered and the model’s generic applicability is discussed.
Full Text Available E-business is often described as the small organisations’ gateway to global business and markets. The adoption of Internet-based technologies for e-business is a continuous process, with sequential steps of evolution. The latter step in the adoption of Internet-based technologies for business, where the business services and the software components are supported by a pervasive software environment, which shows an evolutionary and self-organising behaviour are named digital business ecosystems. The digital business ecosystems are characterized by intelligent software components and services, knowledge transfer, interactive training frameworks and integration of business processes and e-government models.
Gómez Alfonso, Elizabeth
Full Text Available The calculation of quality costs as a component of the System of Quality Management, is a must for Cuban business managers, to provide a technique identified as an advanced instrument of management, which will lead to improved competitiveness and serve as an informative source. Identify and calculate the costs of quality, as well as propose measured plans, to promote a decrease in operating expenses, which can be used as a tool to improve processes. The Business Unit of Several Base Productions of Cienfuegos presents the fault to give way to Business Improvement and certification of its Quality Management System, according to the norm ISO 9001:2008 and the decree law 281, so that the objective research was to estimate the costs of quality processes in the company. To achieve this level were used empirical methods and techniques such as direct observation, document review and work in groups, which allowed to calculate the costs of quality in all processes. The results obtained are applicable to companies that operate in the Cuban economy and according to the Cuban economic model implemented from the year 2011.
WANG Jinling; JIN Beihong; LI Jing
Many business processes in enterprise applications are both long running and transactional in nature. However, no current transaction model can provide full transaction support for such long running business processes. This paper proposes a new transaction model, the pessimistic predicate/transform (PP/T) model, which can provide full transaction support for long running business processes. A framework was proposed on the enterprise JavaBeans platform to implement the PP/T model. The framework enables application developers to focus on the business logic, with the underlying platform providing the required transactional semantics. The development and maintenance effort are therefore greatly reduced. Simulations show that the model has a sound concurrency management ability for long running business processes.
Cavalcante, Sergio Andre
innovative commercial products and/or services. Three of the consortium companies were selected for case-study research. Findings – The main findings were that companies will use the new technology to extend their existing business models, and that the technology platform potentially represents the creation...... of a new business model for the partner companies in the consortium. Practical implications – This paper is important in that it will help companies understand technological impact from a business model perspective, thereby enabling them to manage innovation better by distinguishing between the...... creation, extension, revision or termination of business models. Originality/value – The main contribution of this study is its use of the business model perspective to analyse the impact of an emergent technology on companies’ innovation activities. This perspective makes it easier to develop strategic...
The dynamics of change in modern business create new mechanisms for company management to determine their pursuit and the achievement of their high performance. This performance maintained over a long period of time becomes a source of ensuring business continuity by companies. An ontological being enabling the adoption of such assumptions is such a business model that has the ability to generate results in every possible market situation and, moreover, it has the features of permanent adapta...
Introducing process orientation to overcome the functional-oriented organizational structure was the main concern within enterprise during the last decade. The next wave of process-oriented enterprises deals with cross-organization business processes characterized by high automation effort and supported by a wide penetration of e-Business technologies. In this work, we analyze the requirements of modeling collaborative e-Business processes taking into account the specific challenges Small and...
Danford, Gerard L.
Project-based Learning (PbL) mirrors that of real-world business situations. PbL engages students in real projects for real corporations. Furthermore, this is an effective learning methodology which can be easily incorporated into a dynamic and challenging learning context such as international business education. Engaging in student-corporate…
The evidence base regarding the impact of regulation on small-business performance is reviewed. The substantive findings of various studies and their methodological approaches are critiqued. Many studies suffer from inadequate conceptualisation of ‘regulation’ and methodological shortcomings, and fail to investigate the causal mechanisms through which regulation contributes to business-performance outcomes. In some cases, they positively encourage superficial and misleading results. More soph...
Full Text Available In order to remain competitive, the multinational enterprises (MNEs are forced by the globalization phenomenon (which manifestation has became more and more stringent to analyze continuously its effectiveness. In this respect, the structure of the business represents an element which might have an important impact for the enterprise’s overall results. This is why, in the last decades, the MNEs granted special attention to business structures and put significant efforts in business restructurings, where the case, with the scope to keep the efficiency and to remain on the market. Generally, the operational business restructuring process follows one of the business model globally developed, namely manufacturer or sales business models. Thus, according to the functions performed, assets used and risks assumed, the entities within the group are labeled into limited risk units (such as toll manufacturer or commission agent, medium risk (contract manufacturer, commissionaire, stripped distributor or high risk units (fully fledged manufacturer, fully fledged distributor. Notwithstanding the above, there should be emphasized that the operational business restructuring has to be undertaken with maximal care, as it might have important fiscal impact. Having this regard, the purpose of the present investigation is to provide, from a tax and transfer pricing point of view, a systematic and structured analysis of the generally characteristics of business models (manufacturer and sales business models used by multinational enterprises in the process of business reorganization, with the scope to increase their performance and the sustainable competitive advantages. Thus, by using the fundamental (theoretical and qualitative research type, this paper is aiming to present the most important characteristics of each business model (general overview of each model, the principal risk assumed, the usual transfer pricing method used for the remuneration of intra
A dynamic progress in development of ICT technologies based on B2B, as well as their application in order to improve business processes carried out between enterprises and their business partners, have gained much importance during recent years. It was influenced by such factors as developing and tightening national and international cooperation, high competitiveness, time pressure and striving for improvement of customer and business partners service quality. While the reference books provid...
Sakao, Tomohiko; McAloone, Tim C.
Looking back over the last decade, the importance of an expanded understanding of engineering design has been shared within the engineering design community. Presented concepts and methods to support such expansion include Functional Product Development, Service Engineering, and Product/Service-S...... promising concept beyond PSS design; via an integrated development of technology and business model. This can be of particular interest for further research, especially due to its high freedom for designers.......Looking back over the last decade, the importance of an expanded understanding of engineering design has been shared within the engineering design community. Presented concepts and methods to support such expansion include Functional Product Development, Service Engineering, and Product....../Service-Systems (PSS) design. This paper first explains PSS design as a type of an expansion of the engineering design of a physical product. Secondly, it gives a review of PSS research and a projection of future research issues, also ranging out into untraditional fields of research. Finally, it presents a new...
Chang, Victor; Wills, Gary; De Roure, David
This paper reviews current cloud computing business models and presents proposals on how organisations can achieve sustainability by adopting appropriate models. Using the Jericho Forum’s Cloud Cube Model (CCM), we classify cloud computing business models into eight types: (1) Service Provider and Service Orientation; (2) Support and Services Contracts; (3) In-House Private Clouds; (4) All-In-One Enterprise Cloud; (5) One-Stop Resources and Services; (6) Government Funding; (7) Venture Capita...
In the last years, the world wide web has not only been exploited for disseminating information but also, companies use it to improve their interaction with customers, distributors, suppliers and partners. This way of conducting business using the Internet is known as electronic commerce (e-commerce). Broadly defined, electronic commerce is a modern business methodology that addresses the needs of organizations, merchants, and consumers to cut costs while improving the quality of goods and se...
Full Text Available
ENGLISH ABSTRACT: This study was aimed at developing a technology-based business strategy for Telkom’s international business. Deregulation, competition and demand for converging voice, data and video in the telecommunication market were the driving forces behind this study. Without a proper strategy, Telkom will not be able to withstand the new competition. As the initial step in strategy formulation, Telkom’s strategic goals were identified. A SWOT analysis was conducted and a strategy formulation map was developed. A technology balance sheet and S-curve models were developed to analyse the current products and technologies. It become evident through the research that there is a high potential for business expansion into Africa and Telkom has sufficient capabilities to support this. The implementation of voice over Internet protocol technology will enable Telkom to deliver international services at competitive rates. The study concluded by developing a technology strategy for Telkom’s international business. Recommendations are put forward and future research gaps are identified.
AFRIKAANSE OPSOMMING: Die doel van hierdie studie was om ‘n tegnologie-gebaseerde besigheidstrategie vir Telkom se internasionale besigheid te ontwikkel. Deregulering, mededinging en die vraag na konvergensie van stem, data en video in die telekommunikasiemark was die dryfkragte agter hierdie studie. Sonder ‘n behoorlike strategie sal Telkom nie teen die nuwe mededinging kan staande bly nie. As eerste stap in die formulering van ‘n strategie, is Telkom se doelwitte geïdentifiseer. ‘n SWOT-analise is uitgevoer en ‘n strategieformuleringskaart is ontwikkel. ‘n Tegnologiebalansstaat en S-krommemodelle is ontwikkel om die bestaande produkte en tegnologieë te ontleed. Hierdie navorsing het aangetoon dat daar ‘n hoë potensiaal vir uitbreiding van Telkom se besigheid in Afrika bestaan en dat Telkom genoegsame vermoëns besit om dit te
The transition from working in a traditional setting to working at home alone can be challenging for new nurse consultants. Home-based consultants can use a variety of strategies to stay focused and connected, such as having a designated work area, limiting distractions, and networking. Nurse consultants can obtain information about business management from community resources, and computer on-line services offer a means of contacting other small-business owners. Ongoing business evaluations, which include professional accomplishments as well as an examination of income and expenses, help in planning. Home-based nurse consultants can increase the likelihood of business success by setting objectives, working diligently, and networking with others in the business community. PMID:10382409
Henriksen, Thomas Duus
The four categories labelled game-design, didactic design, organisational design and business design each constitute a set of challenges, each requiring a particular set of competencies. The key conclusion of the paper is that even though the learning game design constitutes the core of...
The electric power sector stands at the beginning of a fundamental transformation process towards a more sustainable production based on renewable energies. Consequently, electric utilities as incumbent actors face a massive challenge to find new ways of creating, delivering, and capturing value from renewable energy technologies. This study investigates utilities' business models for renewable energies by analyzing two generic business models based on a series of in-depth interviews with German utility managers. It is found that utilities have developed viable business models for large-scale utility-side renewable energy generation. At the same time, utilities lack adequate business models to commercialize small-scale customer-side renewable energy technologies. By combining the business model concept with innovation and organization theory practical recommendations for utility mangers and policy makers are derived. - Highlights: • The energy transition creates a fundamental business model challenge for utilities. • German utilities succeed in large-scale and fail in small-scale renewable generation. • Experiences from other industries are available to inform utility managers. • Business model innovation capabilities will be crucial to master the energy transition
The term "community college business and finance model" is unlikely to evoke a positive response from educators who resist labeling students as "customers," do not want to call the college's offerings "products," and don't like to hear the college referred to as a "business." Faculty and staff tend…
Nielsen, Christian; Haslam, Colin; Turcan, Romeo V.
Our business mission is to create an open source journal that is free of the ties that come along with a publisher. In turn we wish to develop a new type of profitable business model for an academic journal that sends more of the total value created back to the academic community and the strategic...
Ravn, Anders Peter; Srba, Jiri; Vighio, Saleem
WS-Business Activity specification defines two coordination protocols in order to ensure a consistent agreement on the outcome of long-running distributed applications. We use the model checker Uppaal to analyse the Business Agreement with Coordination Completion protocol type. Our analyses show ...
Margit Malmmose Peyton
Full Text Available Purpose: Advancements in technology, changing customer demands or new market entrants are often seen as a necessary condition to trigger the creation of new Business Models, or disruptive change in existing ones. Yet, the sufficient condition is often determined by pricing and how customers are willing to pay for the technology (Chesbrough and Rosenbloom, 2002. As a consequence, much research on Business Models has focused on innovation and technology management (Rajala et al., 2012; Zott et al., 2011, and software-specific frameworks for Business Models have emerged (Popp, 2011; Rajala et al., 2003; Rajala et al., 2004; Stahl, 2004. This paper attempts to illustrate Business Model change in the software industry. Design: Drawing on Rajala et al. (2003, this case study explores the (1 antecedents and (2 consequences of a Business Model-change in a logistics software company. The company decided to abolish their profitable fee-based licensing for an internet-based version of its core product and to offer it as freeware including unlimited service. Findings: Firstly, we illustrate how external developments in technology and customer demands (pricing, as well as the desire for a sustainable Business Model, have led to this drastic change. Secondly, we initially find that much of the company’s new Business Model is congruent with the company-focused framework of Rajala et al. (2003 [product strategy; distribution model, services and implementation; revenue logic]. Value: The existing frameworks for Business Models in the software industry cannot fully explain the disruptive change in the Business Model. Therefore, we suggest extending the framework by the element of ‘innovation’.
Henten, Anders; Godø, Helge
services in terms of structural conditions market-wise and in regulatory terms. As the two service categories are relatively new on the market, dominating business model designs have not yet settled and the strategic choices of companies are still open. Being on the market, the discussion on the business......Based on a case study of multi-play and mobile voice over IP (MVoIP) in primarily Denmark and Norway, the paper presents an analysis of the structural conditions for the design of business models regarding new information and communication services. Multi-play and MVoIP represent different kinds of...... model design, however, transcends the purely speculative stage....
The integration of Business Model is system engineering with many involved benefit bodies. Based on the double auction theory, this thesis designs an incentive compatible mechanism of the integration of much resource of Business Model which involves many resource suppliers, demanders and an arbitrator. In this mechanism, the resource of Business Model can be clear so that economic dispatch and effective integration can be realized. Finally, it gives an example to prove the effectiveness of the mechanism.%提升商业模式的运作效率是个系统工程，涉及到多个利益主体。本文基于双向拍卖理论，设计出具有多个资源供给者与多个资源需求者参与的、并由商业模式“仲裁人”协调的激励相容机制，通过该机制能使商业模式的内在资源在一定的交易周期内保持出清，实现商业模式运作的经济性与高效性，并通过算例证实了该机制的有效性。
商业模式是当今比较流行的词汇之一，企业要始终保持竞争力就必须依靠完善的商业模式，正如戴尔的直销、盛大网络游戏模式、E-bay的C2C等。虽然商业模式被许多学者和企业家们所重视，但是商业模式的概念到目前都没有统一的答案。本文在分析战略、盈利模式、运营模式和商业模式四者关系的基础上尝试构建商业模式体系。%The business model is one of the popular terms. Companies who want to remain competitiveness should rely on a perfect business model, such as Dell's direct sales, Shanda's game mode, and the C2C of E-bay. Although the business model is taken seriously by many scholars and entrepreneurs, what on earth is the business model? There is no uniform answer for the fundamental question. The author is trying to build a business model system based on the relationship between strategic basis, profit model, business model and business model.
Moser, Frank; Jakl, Thomas; Joas, Reihard; Dondi, Francesco
Chemical Leasing is a service-oriented business model that shifts the focus from increasing sales volume of chemicals towards a value-added approach. Recent pilot projects have shown the economic benefits of introducing Chemical Leasing business models in a broad range of sectors. A decade after its introduction, the promotion of Chemical Leasing is still predominantly done by the public sector and international organizations. We show in this paper that awareness-raising activities to disseminate information on this innovative business model mainly focus on the economic benefits. We argue that selling Chemical Leasing business models solely on the grounds of economic and ecological considerations falls short of branding it as a corporate social responsibility initiative, which, for this paper, is defined as a stakeholder-oriented concept that extends beyond the organization's boundaries and is driven by an ethical understanding of the organization's responsibility for the impact of its business activities. For the analysis of Chemical Leasing business models, we introduce two case studies from the water purification and metal degreasing fields, focusing on employees and local communities as two specific stakeholder groups of the company introducing Chemical Leasing. The paper seeks to demonstrate that Chemical Leasing business models can be branded as a corporate social responsibility initiative by outlining the vast potential of Chemical Leasing to improve occupational health and safety and to strengthen the ability of companies to protect the environment from the adverse effects of the chemicals they apply. PMID:24943884
Soto-Acosta, Pedro; Loukis, Euripidis; Colomo-Palacios, Ricardo; Lytras, Miltiadis D.
In recent years, much debate about the value of information technology (IT) in general and e-business in particular and has been raised. Aiming to contribute to the investigation of whether and how Internet/WWW technologies create business value, this paper develops a conceptual model, grounded on a well established theoretical foundation from the strategic management domain, the resource-based view (RBV) of the firm, which analyzes web infrastructure and internet-based innovation as sources ...
Orlov A. I.
Small business is an important part of modern Russian economy. We give a wide panorama developed by us of possible approaches to the construction of economic-mathematical models that may be useful to describe the dynamics of small businesses, as well as management. As for the description of certain problems of small business can use a variety of types of economic-mathematical and econometric models, we found it useful to consider a fairly wide range of such models, which resulted in quite a s...
当前的工作流建模语言的研究大都是集中在一般业务流程的建模,没有考虑用户的方便建模和编程实现的情况。在研究其他工作流建模语言的基础上,介绍JPDL在流程建模方面的优缺点。利用JPDL本身的优点扩展了其在流程建模方面的功能,然后实现了一个建模实例,并提出进一步研究的内容。%The current study of workflow modeling language are mostly focused on general business process modeling,but did not consider the convenience of the user modeling and programming of the situation.In the study of other Workflow modeling languages,this paper
Dahlgaard, Jens Jörn; Chen, Chi-Kuang; Jang, Jiun-Yi; Banegas, Leonardo A.; Dahlgaard-Park, Su Mi
The use of business excellence models (BEM) has become popular in the last two decades, and several companies have learned how to use them and gained from such models. More companies, we assume, have experienced problems when using such models because of various weaknesses such as too-sophisticated assessment criteria, excessive paperwork, cumbersome procedures and a lack of focus, which have limited its use in practice. To respond to some of those problems, a new overall business excellence ...
Jureta, Ivan; Kolp, Manuel; Faulkner, Stéphane; Wautelet, Yves
This paper proposes a modeling framework that provides rigorous concepts for conducting early organizational requirements analysis. The aim is to allow business analysts to produce an organizational model that precisely captures the knowledge of an organization and of its business processes. To this end, the framework offers a conceptual meta-model that identifies constructs that enable capturing the intrinsic characteristics of an organization setting for a corporate information system-to...
Koster, Hans,; van Ommeren, Jos N.; Rietveld, Piet
This paper estimates a heterogeneous sorting model for firms, employing a semiparametric Poisson approach. We show that there is an equivalence relation between a locally weighted Logit and Poisson model. We apply our model to estimate firm-specific preferences of business services firms for location attributes such as diversity of economic activities and specialisation of business services. We correct for endogeneity of our specialisation measure by means of a control function approach, usin...
Michael M. Goldman
Full Text Available The impact of economic recessions on business strategy and marketinghas recently received increased research attention. However, thesecontributions are limited, especially with respect to sports marketingbusinesses and those operating in emerging markets. The main aim ofthis study was to examine the impact of the global recession on the businessmodels of sports marketing businesses. Qualitative data were collectedvia semi-structured interviews with executives at market-leadingsports marketing businesses in South Africa. Grounded theory dataanalysis was conducted to understand the common patterns within thedata. The results of the research point to four significant business modelshifts, influencing the customer value proposition, agency relationships,revenue models and staffing approaches of sports marketingfirms. Theoretical and practical implications are discussed includingthe suggestion to revisit the business model upon which sports marketingbusinesses compete in a post-crisis world.
Turner, Christopher James
As business processes become ever more complex there is a need for companies to understand the processes they already have in place. To undertake this manually would be time consuming. The practice of process mining attempts to automatically construct the correct representation of a process based on a set of process execution logs. The aim of this research is to develop a genetic programming based approach for business process mining. The focus of this research is on automated/semi automat...
Orlov A. I.
Full Text Available Small business is an important part of modern Russian economy. We give a wide panorama developed by us of possible approaches to the construction of economic-mathematical models that may be useful to describe the dynamics of small businesses, as well as management. As for the description of certain problems of small business can use a variety of types of economic-mathematical and econometric models, we found it useful to consider a fairly wide range of such models, which resulted in quite a short description of the specific models. In this description of the models brought to such a level that an experienced professional in the field of economic-mathematical modeling could, if necessary, to develop their own specific model to the stage of design formulas and numerical results. Particular attention is paid to the use of statistical methods of non-numeric data, the most pressing at the moment. Are considered the problems of economic-mathematical modeling in solving problems of small business marketing. We have accumulated some experience in application of the methodology of economic-mathematical modeling in solving practical problems in small business marketing, in particular in the field of consumer goods and industrial purposes, educational services, as well as in the analysis and modeling of inflation, taxation and others. In marketing models of decision making theory we apply rankings and ratings. Is considered the problem of comparing averages. We present some models of the life cycle of small businesses - flow model projects, model of capture niches, and model of niche selection. We discuss the development of research on economic-mathematical modeling of small businesses
Frankenberger, Karolin; Weiblen, Tobias; Gassmann, Oliver
Firms engage increasingly in open business models. While most research has previously focused on typologies or challenges of open business models, their specific antecedents have not been studied so far. We use data from eight open business model cases to explore this question and identify five main antecedents of open business models: (1) business model inconsistency, (2) need to create and capture new value, (3) previous experience with collaboration, (4) open business model patterns, and ...