Strategies of business education in job creation and self reliance for ...

African Journals Online (AJOL)

This study examined the strategies in business education and its role in achieving self reliance, job creation and empowerment for sustainable development. Lecturers in the Business Education Department of Ebonyi State University, Abakaliki formed the study population. Data was collected using a suitable structured and ...

Innovative Forms of Financing the Creation and Development of Small Business

Directory of Open Access Journals (Sweden)

Yermak Svitlana O.

2017-06-01

Full Text Available For small enterprises, unlike large ones, the issue of fundraising emerges both in the process of their creation, development and current activity. Small enterprises are experiencing quite a high demand for additional sources of financing. The aim of the research is to study innovative forms of financing the creation and development of small enterprises, their advantages and disadvantages. At present in addition to traditional ways of raising capital, such as bank loans or public offering of shares among external investors (IPOs, there exist a number of alternative options. Among them the most common are grants, international programs, loans from international banks and financial institutions, such as EBRD (European Bank for Reconstruction and Development, IFC (International Finance Corporation, NEFCO (Nordic Environment Finance Corporation, KfW (Kreditanstalt f?r Wiederaufbau, fundraising, crowdsourcing, crowdfunding, and angel investment. The article studies in detail the last two ways of financing: their essence, components, positive and negative features, experience of application in Ukraine and the world. The research shows that crowdfunding is suitable for business development at the early stages, that is, for those enterprises that require, for example, to complete prototyping and start mass production of their first product. Business angels can be a good choice for enterprises that already have a permanent customer base and want to grow their business.

International Business Models Developed Through Brokerage Knowledge and Value Creation

DEFF Research Database (Denmark)

Petersen, Nicolaj Hannesbo; Rasmussen, Erik Stavnsager

This paper highlights theoretically and empirically international business model decisions in networks with knowledge sharing and value creation. The paper expands the conceptual in-ternational business model framework for technology-oriented companies to include the focal firm’s network role...... and strategic fit in a global embeddedness. The brokerage role in the in-ternationalization of a network is discussed from both a theoretical and empirical point of view. From a business model and social network analysis perspective, this paper will show how firms and network grow internationally through two...

A Business intelligence tool for studying value co-creation and innovation

DEFF Research Database (Denmark)

Tanev, Stoyan; Ruskov, Petko; Georgiev, Lachezar

2011-01-01

Value co-creation is an emerging marketing and innovation paradigm describing a broader opening of the firm to its customers by providing them with the opportunity to become active participants in the design and development of personalized products, services and experiences. However......, there is not yet a fully satisfactory theoretical vision about its distinctive characteristics as compared to more traditional value creation approaches. One of the challenges in studying value co-creation is the lack of business intelligence (BI) tools that can be used in the conceptualization of value co...... is the relationship between the degree of firms’ involvement in value co-creation activities and their innovativeness....

Value co-creation platform design within the context of technology-driven businesses

Science.gov (United States)

Tanev, Stoyan; Ruskov, Petko

2010-02-01

The article provides a discussion of value co-creation platforms within the context of technology driven business. It emphasizes the need for a terminological refinement of the value co-creation paradigm as well as for an articulation of its implications for the design and reconfiguration of the company value network.

Creation of Exercises for Team-Based Learning in Business

Science.gov (United States)

Timmerman, John E.; Morris, R. Franklin, Jr.

2015-01-01

Team-based learning (TBL) is an approach that builds on both the case method and problem-based learning and has been widely adopted in the sciences and healthcare disciplines. In recent years business disciplines have also discovered the value of this approach. One of the key characteristics of the team-based learning approach consists of…

Combined analyses of costs, market value and eco-costs in circular business models : eco-efficient value creation in remanufacturing

NARCIS (Netherlands)

Vogtländer, J.G.; Scheepens, A.E.; Bocken, N.M.P.; Peck, D.P.

2017-01-01

Eco-efficient Value Creation is a method to analyse innovative product and service design together with circular business strategies. The method is based on combined analyses of the costs, market value (perceived customer value) and eco-costs. This provides a prevention-based single indicator for

Value Creation in the Business Curriculum: A Tale of Two Courses

Science.gov (United States)

Weinstein, Art; Barrett, Hilton

2007-01-01

In this article, the authors discuss the need for integrative, multidisciplinary courses in value creation. They describe the design and implementation of courses in 2 different schools at the master of business administration (MBA) and undergraduate levels. Both courses involved schematic models in the teaching methodologies, but each emphasized…

Old but sexy: Value creation of old technology-based businesses models

Directory of Open Access Journals (Sweden)

Oke Christian Beckmann

2016-12-01

Full Text Available The purpose of this study is to contribute to a better understanding of the strategic and organisational con gurations that companies can use to generate value with product-market systems and their busi- ness models that have been dominant in the past but forced back into niche positions by innovation. The former dominant music format vinyl was rapidly substituted after the introduction of digital music. However, still nowadays some customers use and buy old technology-based products – vinyl sales boom again since 2007. Due to the two-sided nature of the market, customers have to get access to complementary goods. We are thus interested in technologies which have been outdated by the emergence of new technologies. The originality lies in the combination of the two areas: business models and old technologies. Furthermore, vinyl is an example not analysed in depth by scholars so far. We approached this by undertaking an in-depth literature review to generate hypotheses regarding the value-adding activities of old-technology based businesses as a basis for further research in this area. In addition the paper gives insights into the constellations to be expected over time for old technology-based businesses models in platform markets. We here focus on a neglected topic in the strategy literature which, however, bears relevance for many businesses locked into product-market systems which make it hard for them to (completely switch to a new technology emerging in the market. It is especially valuable to describe the consequences in a systematic fashion.

Business Modeling to Implement an eHealth Portal for Infection Control: A Reflection on Co-Creation With Stakeholders

Science.gov (United States)

Wentzel, Jobke; Sanderman, Robbert; van Gemert-Pijnen, Lisette

2015-01-01

Background It is acknowledged that the success and uptake of eHealth improve with the involvement of users and stakeholders to make technology reflect their needs. Involving stakeholders in implementation research is thus a crucial element in developing eHealth technology. Business modeling is an approach to guide implementation research for eHealth. Stakeholders are involved in business modeling by identifying relevant stakeholders, conducting value co-creation dialogs, and co-creating a business model. Because implementation activities are often underestimated as a crucial step while developing eHealth, comprehensive and applicable approaches geared toward business modeling in eHealth are scarce. Objective This paper demonstrates the potential of several stakeholder-oriented analysis methods and their practical application was demonstrated using Infectionmanager as an example case. In this paper, we aim to demonstrate how business modeling, with the focus on stakeholder involvement, is used to co-create an eHealth implementation. Methods We divided business modeling in 4 main research steps. As part of stakeholder identification, we performed literature scans, expert recommendations, and snowball sampling (Step 1). For stakeholder analyzes, we performed “basic stakeholder analysis,” stakeholder salience, and ranking/analytic hierarchy process (Step 2). For value co-creation dialogs, we performed a process analysis and stakeholder interviews based on the business model canvas (Step 3). Finally, for business model generation, we combined all findings into the business model canvas (Step 4). Results Based on the applied methods, we synthesized a step-by-step guide for business modeling with stakeholder-oriented analysis methods that we consider suitable for implementing eHealth. Conclusions The step-by-step guide for business modeling with stakeholder involvement enables eHealth researchers to apply a systematic and multidisciplinary, co-creative approach for

Business Modeling to Implement an eHealth Portal for Infection Control: A Reflection on Co-Creation With Stakeholders.

Science.gov (United States)

van Limburg, Maarten; Wentzel, Jobke; Sanderman, Robbert; van Gemert-Pijnen, Lisette

2015-08-13

It is acknowledged that the success and uptake of eHealth improve with the involvement of users and stakeholders to make technology reflect their needs. Involving stakeholders in implementation research is thus a crucial element in developing eHealth technology. Business modeling is an approach to guide implementation research for eHealth. Stakeholders are involved in business modeling by identifying relevant stakeholders, conducting value co-creation dialogs, and co-creating a business model. Because implementation activities are often underestimated as a crucial step while developing eHealth, comprehensive and applicable approaches geared toward business modeling in eHealth are scarce. This paper demonstrates the potential of several stakeholder-oriented analysis methods and their practical application was demonstrated using Infectionmanager as an example case. In this paper, we aim to demonstrate how business modeling, with the focus on stakeholder involvement, is used to co-create an eHealth implementation. We divided business modeling in 4 main research steps. As part of stakeholder identification, we performed literature scans, expert recommendations, and snowball sampling (Step 1). For stakeholder analyzes, we performed "basic stakeholder analysis," stakeholder salience, and ranking/analytic hierarchy process (Step 2). For value co-creation dialogs, we performed a process analysis and stakeholder interviews based on the business model canvas (Step 3). Finally, for business model generation, we combined all findings into the business model canvas (Step 4). Based on the applied methods, we synthesized a step-by-step guide for business modeling with stakeholder-oriented analysis methods that we consider suitable for implementing eHealth. The step-by-step guide for business modeling with stakeholder involvement enables eHealth researchers to apply a systematic and multidisciplinary, co-creative approach for implementing eHealth. Business modeling becomes an

Artful Creation: Learning-tales of Arts-in-Business

DEFF Research Database (Denmark)

Darsø, Lotte

primært to tilgange til Arts-in-Business: 1. Kunsten anvendt som redskab i forbindelse med f.eks. teambuilding, formidlingstræning, ledelsesudvikling, problemløsning og innovation. 2. Kunsten som en integreret strategisk proces i organisatorisk forandring. Lotte Darsø har rejst verden rundt og foretaget...... 50 interview med nogle af de mest visionære og modige kunstnere og erhvervsmænd i sin søgen efter at ?kortlægge? det nye, blomstrende felt bag Arts-in-Business. I bogen undersøger, beskriver og illustrerer hun, hvordan Kunsten kan føre til nye læringsmuligheder og gennemgribende forandring inden...... for erhvervslivet. Bogen igennem fortæller folk deres fantastiske historier, som Lotte Darsø analyserer og undersøger med udgangspunkt i et sammenhængende teoretisk netværk. Målet med bogen er at påpege det store potentiale, der ligger i ?Artful Creation? og samtidig pege på, at fremkomsten af et nyt paradigme har...

The Future of Co-Creation

DEFF Research Database (Denmark)

Seppa, Marko; Tanev, Stoyan

2011-01-01

The objective of this article is to provide a brief summary of the key directions in value co-creation research that have emerged in the last 10 years. It points to several emerging streams in value co-creation research including: i) general management perspective; ii) new product development...... on business co-creation. The development of business co-creation frameworks integrating the participatory role of both universities and vibrantly emerging business ecosystems represents a valuable alternative to traditional technology transfer and business administration approaches....

New mobility behaviours and their impact on creation of new business models

Directory of Open Access Journals (Sweden)

Agnieszka Szmelter

2016-12-01

Full Text Available Megatrends developing in the global economy are mainly connected with social determinants influencing customer demand. A new generation, Y generation, declares other priorities than previous ones, what will result in the emergence of new mobility behaviour patterns. This in turn will be a drive for creation of new business models in particular sectors, for example in the automotive industry. The article presents these changes as well as autonomous vehicles and Mobility as a Service (MaaS as concepts connected with future people mobility and new business models.

Implementation of Business Game Activity Support System

Institute of Scientific and Technical Information of China (English)

TANABU Motonari

2004-01-01

Business game can be used not only as an educational tool for the development of decision making ability, but also can be used for supporting the knowledge creation activity in organizations. In this paper, some conceptual considerations to meanings of the business game in the knowledge creation activity by using the knowledge creation theory and other related theories are given,and business game activity concept which refers to game play and development is proposed. Then focusing on the business game activity as an instantiation of the knowledge creation activity, and a Web based gaming activity support system based on the former system called YBG that enables us to play and develop many business games through the standard web browser is proposed. This system also provides us a lot of opportunities to play and develop the business games over business game communities.

Mechanisms for the Creation of Innovation in Contemporary Business and Economy

OpenAIRE

Slawomir Czarniewski

2015-01-01

Innovation differentiates the company from the competition, attracts new customers and generates revenue. The struggle for customers requires constant innovation, the result of which must be the creation of new value for customers. Innovation which provides new value for customers manifests itself in the form of new products, technologies, ideas and systems, reflected in satisfaction and customer loyalty. Innovation is considered a basis of business development, competition and growth. As a r...

The Perfect Storm of Business Venturing? The Case of Entomology-Based Venture Creation

NARCIS (Netherlands)

Pascucci, S.; Dentoni, D.; Mitsopoulos, D.

2015-01-01

In this paper we discuss how cooperation and trust among entrepreneurs can be challenged when they are dealing with venture creation in the context of radical innovation. Entomology-based foods are considered as one of the most promising innovation in the food sector. However they impose radical

A Value-Based Business Approach to Product Line Software Engineering

Directory of Open Access Journals (Sweden)

Raman K. Agrawalla

2009-08-01

Full Text Available The present conceptual paper is an attempt to provide a Value-Based Business Approach (VBBA to product line software engineering. It argues that Product line software engineering should be seen as a system and considered as a means towards the end of appropriating more and more value for the business firm; contingent upon the fact that it provides value to customer and customer's customers operating its value creating system with agility, speed, economy and innovation; getting governed by the positive sum value creation outlook and guided by value- based management. With our value-based business triad, the product line engineering process can hope to achieve simultaneously value, variety and volume, product differentiation and cost leadership enabling the business firm to land on the virtuous value spiral.

Value Creation in the Internet of Things: Mapping Business Models and Ecosystem Roles

Directory of Open Access Journals (Sweden)

Heini Ikävalko

2018-03-01

Full Text Available The increasing connectivity provided by the Internet of Things (IoT supports novel business opportunities for actors in overlapping service systems. Therefore, the co-creative nature of IoT business needs to be further studied. This article reports an empirical study on a European IoT initiative. It contributes to the understudied area of IoT ecosystem dynamics by describing different actor roles and activities in the IoT use cases, and their implications for value creation in IoT ecosystems. Our findings show how IoT ecosystem actors may take the roles of ideator, designer, or intermediary in different IoT design layers, and we recommend this perspective to better understand and describe ecosystem business models. We also discuss the theoretical and managerial implications of our findings.

Business Models for NFC based mobile payments

Directory of Open Access Journals (Sweden)

Johannes Sang Un Chae

2015-01-01

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.

Business Models for NFC Based Mobile Payments

DEFF Research Database (Denmark)

Chae, Johannes Sang-Un; Hedman, Jonas

2015-01-01

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 Effect of Perceived Business Ethics on Brand Personality Dimensions & Creation of Brand Equity in Developing Countries

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Mohammad Reza Hamidizadeh

2014-09-01

Full Text Available Due to multi-dimension viewpoints, since decision-making and purchase process are emerging based on the human spirit or internal value of customers, this research seeks to introduce and analyze a model in this regard. In this research, the effects model of ethicality on brand personality dimensions and creation of brand equity were studied, aiming on raising awareness and highlighting the role of ethical values in branding. The population includes all the customers within Iranian chain stores (as a developing country. The results show that “perceived business ethicality” has a positive effect on responsibility, activity and emotionality. Moreover, responsibility and activity have a positive effect on “overall brand equity”. According to total effect, "responsibility" and "perceived business ethicality" have the highest effect on brand equity.

The role of social value creation in business model formulation at the bottom of the pyramid - Implications for MNEs?

OpenAIRE

Sinkovics, Noemi; Sinkovics, Rudolf; Yamin, Mo

2014-01-01

This paper presents an exploratory study of how social value creation and business models may be interrelated in the context of the bottom of the pyramid (BOP) business formation. We develop our analysis around five case studies of actual businesses set up in rural India by people in the BOP. We attempt to draw implications from the performance of the business models in the BOP for what MNE strategies of engagement with the BOP may learn from the processes we analysed.

IT Business Cases in Local Government

DEFF Research Database (Denmark)

Nielsen, Peter Axel; Persson, John Stouby

2012-01-01

Effective management of value creation with information technology (IT) is increasingly important for local governments (e.g., municipalities). The business case is a tool that has increased popularity in both the public and private sector to support the management of value creation with IT....... However, experiences from local government reveal difficulties in developing effective IT business cases beyond simple cost savings. Based on collaborative action research with Danish municipalities we present insights on contemporary IT business case practices. Based on these insights we formulate...... lessons for business case practices in local government that we have incorporated into a business case method; that has subsequently been evaluated by IT managers in local government. These lessons have been synthesized into the four principles: minimal contents, benefits ownership, dynamic utility...

The Perfect Storm of Business Venturing? The Case of Entomology-Based Venture Creation

OpenAIRE

Pascucci, S.; Dentoni, D.; Mitsopoulos, D.

2015-01-01

In this paper we discuss how cooperation and trust among entrepreneurs can be challenged when they are dealing with venture creation in the context of radical innovation. Entomology-based foods are considered as one of the most promising innovation in the food sector. However they impose radical changes in food consumption habits with high risk of low consumer acceptance. Four European entrepreneurs joined forces in a new venture operating in this sector, trying to make it a successful busine...

Useful Business Cases

DEFF Research Database (Denmark)

Nielsen, Peter Axel; Persson, John Stouby

2017-01-01

during implementation and value creation. This article presents lessons learned from our action research, lessons that we incorporated into a business case method and subsequently evaluated with IS managers. There are three lessons on: (1) improving the content of business cases, (2) how to develop...... research study seeks to improve the usefulness of business cases in IS projects. We used collaborative action research with Danish municipalities to improve their practices when developing and using business cases and to change their perceptions of what constitutes a good business case that is useful...... business cases, and (3) the use of business cases in subsequent value creation. These lessons summarize our findings and the contributions are that we in the business case method propose to: (1) include minimal contents, (2) develop social commitment, and (3) structure for dynamic use during value creation...

Building new competencies for new business creation based on breakthrough technological innovations

OpenAIRE

Vanhaverbeke, W.P.M.; Kirschbaum, R.

2003-01-01

This paper focuses on the question how companies can build new capabilities or competencies based on discontinuous technological innovations? In particular, we analyze how corporate ventures are set up to develop and commercialize these radical innovations can play a crucial role in the process of building new competencies (not only technological capabilities). New competencies are in turn the basis to create a range of new businesses. Building and deploying competencies are intrinsically rel...

Business support within business incubators.

NARCIS (Netherlands)

Ratinho, Tiago; Harms, Rainer; Groen, Arend J.

2009-01-01

Business incubators (BI) have been established worldwide as tools for company creation and small businesses support. BIs claim to help their tenants by providing them with the optimal conditions for increasing early stage survival. Practitioners and researchers agree that business support is a

A Study of the Effectiveness of Web-Based Homework in Teaching Undergraduate Business Statistics

Science.gov (United States)

Palocsay, Susan W.; Stevens, Scott P.

2008-01-01

Web-based homework (WBH) Technology can simplify the creation and grading of assignments as well as provide a feasible platform for assessment testing, but its effect on student learning in business statistics is unknown. This is particularly true of the latest software development of Web-based tutoring agents that dynamically evaluate individual…

Identifying and Classifying Mobile Business Models Based on Meta-Synthesis Approach

Directory of Open Access Journals (Sweden)

Porrandokht Niroomand

2012-03-01

Full Text Available The appearance of mobile has provided unique opportunities and fields through the development and creation of businesses and has been able to create the new job opportunities. The current research tries to familiarize entrepreneures who are running the businesses especially in the area of mobile services with business models. These business models can familiarize them for implementing the new ideas and designs since they can enter to business market. Searching in many papers shows that there are no propitiated papers and researches that can identify, categorize and analyze the mobile business models. Consequently, this paper involves innovation. The first part of this paper presents the review about the concepts and theories about the different mobile generations, the mobile commerce and business models. Afterwards, 92 models are compared, interpreted, translated and combined using 33 papers, books based on two different criteria that are expert criterion and kind of product criterion. In the classification of models according to models that are presented by experts, the models are classified based on criteria such as business fields, business partners, the rate of dynamism, the kind of activity, the focus areas, the mobile generations, transparency, the type of operator activities, marketing and advertisements. The models that are classified based on the kind of product have been analyzed and classified at four different areas of mobile commerce including the content production, technology (software and hardware, network and synthetic.

Danubius International Business School – Different Ways in Business Education

OpenAIRE

Mirela Arsith; Radu Lupoae; Catalin Ionescu

2013-01-01

In this material we propose an analysis of values, mission and vision of a new entity born into Danubius University landscape – Danubius International Business School (DIBS). Viewed as a bridge between theory and practice made from guidance, DIBS is an agent which transforms academic approach into a ready to apply in real world the business knowledge. Also, DIBS aim to participate at the creation of a global business community based on communication, ethics and knowledge. What we want to prov...

Service creation: a model-based approach

NARCIS (Netherlands)

Quartel, Dick; van Sinderen, Marten J.; Ferreira Pires, Luis

1999-01-01

This paper presents a model-based approach to support service creation. In this approach, services are assumed to be created from (available) software components. The creation process may involve multiple design steps in which the requested service is repeatedly decomposed into more detailed

Sources of Value Creation in Born Global Companies

Directory of Open Access Journals (Sweden)

Augustyniak Dobrochna

2017-06-01

Full Text Available Research about the phenomenon of rapid internationalization of small and medium size companies has evolved over the last two decades. Nevertheless, questions about business models or value creation in born global enterprises are rarely addressed in the literature. The objective of this article is to develop a theoretical framework for analyzing the sources of value creation in the business models of international new ventures (INV global companies, starting with adapting the model by Amit and Zott [2001, 2010] to early internationalizing venture. Current literature on international entrepreneurship, business models and value creation is also used as a basis for suggesting future empirical research recommendations.

Creating a Balanced Value Proposition. Exploring the Advanced Business Creation Model

NARCIS (Netherlands)

Carvalho, J.M.S.; Jonker, J.

2015-01-01

This conceptual paper explores the relationships between four dimensions that are important for start-ups: entrepreneurship, business models, strategic planning, and the development of a business plan. Based on an exploration of these dimensions, we present an innovative model - Advanced Business

Turning Farmers into Business Partners through Value Co-Creation Projects. Insights from the Coffee Supply Chain

Directory of Open Access Journals (Sweden)

Elena Candelo

2018-03-01

Full Text Available This study examines the empowerment of low-power, vulnerable stakeholders of global, complex supply chains as one effective strategy to increase value co-creation and to moderate the vulnerabilities that threaten supply chain resilience. Previous scholars have indicated the necessity of investigating the concept of value co-creation further by including various stakeholder perspectives and suggesting systems of evaluation. This research thus focuses on low-power smallholder farmers within the coffee supply chain by qualitatively evaluating the effectiveness of value co-creation projects. The study also analyzes the extent of development and the nature of empowerment initiatives designed conjointly by nongovernmental organizations (NGOs and coffee roasters that are addressed to farmers. The mixed qualitative methodology includes a literature review, interviews, focus groups, and content analysis of 20 value co-creation projects conducted in various developing and emerging coffee-producing countries. The research proposes a theoretical framework employed to conduct focus groups with Brazilian coffee farmers. This framework empirically demonstrates that these farmers are in the process of becoming business partners of the coffee supply chain thanks to various empowerment initiatives, common to most of the analyzed projects, that appear to moderate specific vulnerabilities of the coffee supply chain and therefore benefit supply chain resilience.

Domestic saving mobilisation and small business creation: The case of Cameroon

Directory of Open Access Journals (Sweden)

LC Forje

2014-07-01

Full Text Available Promoting savings and providing a basis for lending to the poor is a growing concern in many developing countries. Cameroon has a culture of savings mobilisation known as njangi/tontine. The njangi is contributions given to members in a rotating form at the end of every sitting, and tontine is voluntary savings held by the group. This study reveals that njangi/tontine groups only lend money to group members and suggests that a micro village bank known as MC2 could be used as guarantor to ensure that group monies lent to non-group members are repaid. Encouragement and improvement in the function of such voluntary savings could promote the creation of small businesses in the country.  The Cameroonian government needs to improve fighting corruption and a functional justice system to ensure security.

Job Creation and Job Destruction, Worker Reallocation, and Wages.

OpenAIRE

Belzil, Christian

2000-01-01

Using Danish firm (workplace) data on employment reallocation merged with individual records, the effects of job creation/destruction and worker reallocation on wages are estimated using fixed effects techniques. After controlling for business cycle fluctuations, job creation is found to increase male wages. The effect of net job creation seems present at all phases of the business cycle. Entry wages as well as wages of low tenure workers appear much more sensitive to idiosyncratic job creati...

What does existing research say about value co-creation?

DEFF Research Database (Denmark)

Thomsen, Merethe Stjerne; Tanev, Stoyan; Pedrosa, Alex

2010-01-01

The paper presents a literature review on co-creation, which is summarized into emerging research areas and insights as a basis for a future research agenda for value co-creation. The search methodology is based on a keywords search on ISI Web of Knowledge, leading to 82 articles with a summary...... of four emerging subject areas within marketing science, service management, new product development & innovation and general business and management. The four subject areas lead to new key driving forces of value co-creation by involving the customers in experience networks, where both creating......-customer interaction events, which are extremely personal with unique products, services and experiences. In general the paper is starting up a conceptual refinement on value co-creation by addressing the key characteristics of current literature and driving forces of co-creation....

The Possibility Of Using The Business Model Canvas In The Establishment Of An Operator' S Business Plan

Directory of Open Access Journals (Sweden)

Andrzej Tokarski

2017-12-01

The objective of the paper is to present both theoretical and practical possibilities of using the BMC in creating a business plan of an economic entity, which is a useful tool used especially by micro and small economic entities at the stage of establishing a business activity and a business model popular among product managers. The paper was written based on the literature of the subject of management and business plans creation.

Achieving Research Impact Through Co-creation in Community-Based Health Services: Literature Review and Case Study.

Science.gov (United States)

Greenhalgh, Trisha; Jackson, Claire; Shaw, Sara; Janamian, Tina

2016-06-01

Co-creation-collaborative knowledge generation by academics working alongside other stakeholders-is an increasingly popular approach to aligning research and service development. It has potential for "moving beyond the ivory towers" to deliver significant societal impact via dynamic, locally adaptive community-academic partnerships. Principles of successful co-creation include a systems perspective, a creative approach to research focused on improving human experience, and careful attention to governance and process. If these principles are not followed, co-creation efforts may fail. Co-creation-collaborative knowledge generation by academics working alongside other stakeholders-reflects a "Mode 2" relationship (knowledge production rather than knowledge translation) between universities and society. Co-creation is widely believed to increase research impact. We undertook a narrative review of different models of co-creation relevant to community-based health services. We contrasted their diverse disciplinary roots and highlighted their common philosophical assumptions, principles of success, and explanations for failures. We applied these to an empirical case study of a community-based research-service partnership led by the Centre of Research Excellence in Quality and Safety in Integrated Primary-Secondary Care at the University of Queensland, Australia. Co-creation emerged independently in several fields, including business studies ("value co-creation"), design science ("experience-based co-design"), computer science ("technology co-design"), and community development ("participatory research"). These diverse models share some common features, which were also evident in the case study. Key success principles included (1) a systems perspective (assuming emergence, local adaptation, and nonlinearity); (2) the framing of research as a creative enterprise with human experience at its core; and (3) an emphasis on process (the framing of the program, the nature of

The American Jobs Creation Act and its impact on deferred compensation: reassessment from a business perspective.

Science.gov (United States)

Johnson, David G

2005-01-01

The American Jobs Creation Act (AJCA), which was signed into law in October 2004, will have an impact on almost every deferred compensation program in the United States. This article argues that as companies continue to evaluate the transition alternatives under AJCA and contemplate the necessary changes to the plan program, companies also should consider simultaneously addressing broader issues surrounding nonqualified deferred compensation arrangements. These include ongoing business purpose, financial planning considerations, education of participants, corporate governance considerations and the potential implications to international assignees.

Conceptual Model of Business Value of Business Intelligence Systems

OpenAIRE

Popovič, Aleš; Turk, Tomaž; Jaklič, Jurij

2010-01-01

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...

Curiosity and Its Role in Cross-Cultural Knowledge Creation

Science.gov (United States)

Mikhaylov, Natalie S.

2016-01-01

This paper explores the role of curiosity in promoting cross-cultural knowledge creation and competence development. It is based on a study with four international higher educational institutions, all of which offer management and business education for local and international students. The reality of multicultural and intercultural relationships…

Cities as Platforms for Co-creating Experience-based Business and Social Innovations

DEFF Research Database (Denmark)

Pogner, Karl-Heinz; Tsakarestou, Betty

to address societies’ challenges remains a concern for governments, cities, businesses and social innovators. These solutions emerge out of changes in technologies, advancement of knowledge as well as of the emerging model of the collaborative and sharing economy and networked peer local and global...... co-creation and experience-based learning and innovation in Living Labs, across diverse sectors, organizations, institutions, companies and startups, help cities becoming platforms that facilitate networking, collaboration and innovation? Our main challenge is to explore such an opportunity regarding...... the city of Athens. Creating a human ecosystem reflecting all powers and involved stakeholders in such an endeavor, the workshop organizers and participants, following a co-creation and design thinking methodology, formed “ad-hoc” networks of reflective practitioners and researchers, experimenting...

MODERN INDICATORS DERIVED FROM VALUE CREATION AND DISCOUNTED

Directory of Open Access Journals (Sweden)

Cican Simona

2013-07-01

In this article, we will present the connection between discounted cash flow methods and the indicators derived from value creation, based on the business finance theory, which says that firm value will increase if projects with positive net present value are accepted, while it will be destroyed if projects with negative net present value are accepted.

Modeling value creation with enterprise architecture

NARCIS (Netherlands)

Singh, Prince Mayurank; Jonkers, H.; Iacob, Maria Eugenia; van Sinderen, Marten J.

2014-01-01

Firms may not succeed in business if strategies are not properly implemented in practice. Every firm needs to know, represent and master its value creation logic, not only to stay in business but also to keep growing. This paper is about focusing on an important topic in the field of strategic

Factors Affecting Entrepreneurship and Business Sustainability

Directory of Open Access Journals (Sweden)

Ana Tur-Porcar

2018-02-01

Full Text Available Sustainability is becoming increasingly important for society, and the creation of business ventures is one area where sustainability is critical. We examined the factors affecting actions that are designed to foster business sustainability. These factors are related to the environment, behavior, human relations, and business activity. Based on questionnaire responses from experts, the Analytic Hierarchy Process (AHP method was used to rank sustainable business criteria according to their importance for entrepreneurs starting sustainable businesses. The results indicate that the most important drivers of sustainable entrepreneurship are behavioral factors and business factors. Ethical principles and values, together with competitive intelligence, are crucial for undertaking actions that lead to sustainability.

Dual Value Creation and Business Model Design

DEFF Research Database (Denmark)

Turcan, Romeo V.

This ethnographic research explores the process of business model design in the context of an NGO internationalizing to an emerging market. It contributes to the business model literature by investigating how this NGO - targeting multiple key stakeholders - was experimenting (1) with value...

A CASE-BASED KNOWLEDGE MANAGEMENT MODEL FACILITATING A SMART BUSINESS NETWORK’S PERFORMANCE

DEFF Research Database (Denmark)

Chengbo, Wang; Reid, Vivien; Johansen, John

for improving the competitiveness of a SBN in its endeavor to survive and compete against other SBNs, through adopting a holistic approach to business activities, to provide the SBN members an efficacy tool for knowledge management, and for improving coordination and collaboration with their upstream...... and operational levels. The model is a further exploration of both smart business network and its knowledge management process as well as CBR technology’s new field of application. Research impact: The academic world will benefit by gaining more understanding of the process and format of applying theoretical......Purpose: This paper presents a model, which is through the application of a case-based reasoning (CBR) methodology, to facilitate both effectiveness and efficiency of operational knowledge sharing/ application/ creation/ augmentation within a smart business network (SBN). The model is to be used...

Minding the Business of Business: Tools and Models to Design and Measure Wealth Creation

Science.gov (United States)

Bernardez, Mariano L.

2009-01-01

What is the business of business? How can planners and investors anticipate the true chances of failure and success of a business idea? This article describes a rationale for developing successful new business on the basis of a simple, sensible idea: the business of any business is to make its clients successful enough to continue purchasing and…

The potential of shared value creation: a theoretical analysis

Directory of Open Access Journals (Sweden)

Victor Danciu

2016-06-01

Full Text Available The urgent issues economy, environment and society are facing need new approaches which allow a well-balanced sharing of value created by the economy. A step forward is the concept of shared value creation. This paper aims to analyze the main features, the content of strategy of shared value creation and to propose the social innovation as main strategic way of shared value creation. At the beginning, the drivers and challenges of shared value creation are investigated in a systematized manner, in order to better understand why this new way of doing business is needed. Then, the concept and the three levels of shared value creation are investigated as sources of economic, environmental and social benefits that a business creates. These benefits depend on how efficient and diligent the company works. We are advancing the social innovation as main strategy having the greatest potential to create value with economic, environmental and social benefits. Finally, a framework for measurement of shared value creation is included. This framework is aiming at giving a tool for checking up the potential the shared value creation has for solving environmental and social issues.

Remanufacturing Aided Added-Value Creation, Innovations Meeting to Deliver Sustainable Manufacturing

Science.gov (United States)

Tariq Abullah, Ziyad; Guo, Shun Sheng; Yun, Sheng Bu

2015-05-01

End-of-life scrap steel such as vehicles bulks and bodies, steel wheel and shells are easily land filled at the end-of-life when treated in a developing country with non-industrial infrastructure. Research idea is about composite shape steel remanufacturing to be sheet steel for construction application through nested recovered pieces of scrap steel within new sheet steel base to meet innovation value creation of remanufactured steel and innovation eco-design of steel products to close supply chain through linkage developed and developing countries of non-industrial infrastructure economy. That can be satisfied through comprehensive business- education-training model conduction firstly at the developing countries to reduce costs and change the intensive labour remanufacturing paradigm collaboratively. Sustainable remanufacturing business model can be applied based on infrastructure of educational institutions such as institutes of technology to adopt environmental, economic, and social developments as triple bottom line sustainability. Such innovation value creation is driven by eco-design and eco-innovation enabling where the meet to deliver human development, employment, and education conscious environment and bench mark recommendations of development directions for upgrading to apply business that allows eco-societies to emerge, through cooperative steel scrap processing.

Business Plan: Elpis Restaurant

OpenAIRE

Tran, Luu Quoc Phong

2016-01-01

The purpose of this Bachelor’s thesis is to create a business plan for starting up a restaurant in European – Asian style in Helsinki. While the restaurants are in European or Asian style separately, this restaurant will be unique with dishes which are based on local traditional dishes, traditional Asian dishes and mixture between them as well as creation of new dishes. This business plan is created to minimize the risk when starting up a restaurant. The plan will not only help the restaur...

Proposal for a Method for Business Model Performance Assessment: Toward an Experimentation Tool for Business Model Innovation

Directory of Open Access Journals (Sweden)

Antonio Batocchio

2017-04-01

Full Text Available The representation of business models has been recently widespread, especially in the pursuit of innovation. However, defining a company’s business model is sometimes limited to discussion and debates. This study observes the need for performance measurement so that business models can be data-driven. To meet this goal, the work proposed as a hypothesis the creation of a method that combines the practices of the Balanced Scorecard with a method of business models representation – the Business Model Canvas. Such a combination was based on study of conceptual adaptation, resulting in an application roadmap. A case study application was performed to check the functionality of the proposition, focusing on startup organizations. It was concluded that based on the performance assessment of the business model it is possible to propose the search for change through experimentation, a path that can lead to business model innovation.

Unlocking Value Creation Using an Agritourism Business Model

Directory of Open Access Journals (Sweden)

Laura Broccardo

2017-09-01

Full Text Available Agritourism has achieved a greater importance in the last decade, but despite this relevance, the definition is not aligned everywhere, depending on the contingency variables of the context in which agritourism is located. This paper aims at analyzing the business model’s key success factors of Italian agritourism by studying their structural, social and economic features, integrated with a sustainability approach. The empirical analysis is based on a sample of agritourism, located in an Italian region. The empirical results show relevant and useful elements to support the sustainable development of agritourism business models in Italy, linking theory, policy and practices. Indeed, these results, together with others related to the economic dimension of the farms, their specialization, and the characteristics of the farmers make it possible to argue that there are common elements, which offer potential for agritourism. In addition, it was possible to identify two different models of agritourism. Agritourism can open new horizons in rural sustainable development, with possible beneficial effects on the environment, society, agricultural heritage and economic growth. In particular, regional policy developers should take into consideration these elements in order to direct correctly efforts. The research shows also some interesting theoretical implications as it contributes to enrich the literature on this particular kind of business model. At the same time, it helps family owners to increase the overall understanding of their agritourism, in order to finalize adequate planning and communication.

Change in the game : business model innovation in the video game industry across time

OpenAIRE

Locke, Austin; Uhrínová, Bianka

2017-01-01

Technological innovation has changed business models across multiple industries – retail (Amazon), taxi (Uber), hotel (Airbnb). Through exploratory research, using secondary data, this thesis describes changes that have occurred in video gaming industry from its creation to the current, modern era that are connected to technological innovation. Based on the current research of business models, the authors created a “Value Creation-Revenue Stream Framework” that they use to anal...

Can Participatory Action Research Create Value for Business Model Innovation?

DEFF Research Database (Denmark)

Sparre, Mogens; Rasmussen, Ole Horn; Fast, Alf Michael

Innovation (BMI)?” – has been investigated from five different perspectives based upon The Business Model Cube and The Where to Look Model. Using both established and newly developed tools the paper presents how. Theory and data from two cases are presented and it is demonstrated how industry increase......Abstract: Participatory Action Research (PAR) has a longer academic history compared with the idea of business models (BMs). This paper indicates how industries gain by using the combined methodology. The research question "Can participatory action research create value for Business Model...... their monetary and/or non-monetary value creation doing BMI based upon PAR. The process is essential and using the methodology of PAR creates meaning. Behind the process, the RAR methodology and its link to BM and BMI may contribute to theory construction and creation of a common language in academia around...

75 FR 15406 - Inviting Applications for Rural Business Opportunity Grants

Science.gov (United States)

2010-03-29

... ensure continuous business development and job creation/retention; and 5. Innovative utilization of... job creation/retention--Like all business owners, rural entrepreneurs need access to capital to start..., and/or climate change adaptation or mitigation as strategies for quality job creation; 3. Use of...

The impact of the business environment on the business creation process

OpenAIRE

Klapper, Leora; Delgado, Juan Manuel Quesada

2009-01-01

New data from the 2008 World Bank Group Entrepreneurship Survey indicates a very strong and statistically significant relationship between entrepreneurship and a better business environment. Data for 100 countries on the number of total and newly registered corporations over an eight-year period (2000-2007) were collected directly from registrars of companies around the world. Data were also collected on the functioning and structure of business registries. Empirical evidence suggests that gr...

Co-creation, Prevailing Streams and a Future Design Trajectory

DEFF Research Database (Denmark)

Degnegaard, Rex

2014-01-01

of the literature on co-creation to explore what the existing literature relates to and indeed to pinpoint if any patterns or streams can be identified. The paper illustrates how the use of the concept of co-creation suggests a necessity for focusing further on specific co-creation-related issues and challenges...... of significance to business and society. The paper highlights new co-creation-related issues and challenges. Further, the paper crystallises an emerging design trajectory in theory and practice....

The Open Business Model: Understanding an Emerging Concept

OpenAIRE

Weiblen Tobias

2014-01-01

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...

13 CFR 120.861 - Job creation or retention.

Science.gov (United States)

2010-01-01

... 13 Business Credit and Assistance 1 2010-01-01 2010-01-01 false Job creation or retention. 120.861... Company Loan Program (504) Project Economic Development Goals § 120.861 Job creation or retention. A Project must create or retain one Job Opportunity per an amount of 504 loan funding that will be specified...

Knowledge Creation in Constructivist Learning

Science.gov (United States)

Jaleel, Sajna; Verghis, Alie Molly

2015-01-01

In today's competitive global economy characterized by knowledge acquisition, the concept of knowledge management has become increasingly prevalent in academic and business practices. Knowledge creation is an important factor and remains a source of competitive advantage over knowledge management. Constructivism holds that learners learn actively…

Business Incubators: Creation of a Fit in Armenia

NARCIS (Netherlands)

Grigorian, A.; Ratinho, Tiago; Harms, Rainer

2010-01-01

In this paper, we evaluate the extent to which business incubation services meet tenant’s needs. Additionally, we pose the question of whether the current business incubators actually cover the needs of a particular industry. Our empirical setting is a developing country in the Caucasian Region

A New Approach to Teaching Business Writing: Writing across the Core--A Document Based Curriculum

Science.gov (United States)

Hutchins, Teresa D.

2015-01-01

This paper describes the transition that the Anisfield School of Business of Ramapo College of New Jersey made from a conventional Writing Across the Curriculum approach to a Writing Across the Business Core approach. The impetus for the change is explained as well as the creation and design of the program. The document driven program is analyzed,…

An Agent-Based Model of New Venture Creation: Conceptual Design for Simulating Entrepreneurship

Science.gov (United States)

Provance, Mike; Collins, Andrew; Carayannis, Elias

2012-01-01

There is a growing debate over the means by which regions can foster the growth of entrepreneurial activity in order to stimulate recovery and growth of their economies. On one side, agglomeration theory suggests the regions grow because of strong clusters that foster knowledge spillover locally; on the other side, the entrepreneurial action camp argues that innovative business models are generated by entrepreneurs with unique market perspectives who draw on knowledge from more distant domains. We will show you the design for a novel agent-based model of new venture creation that will demonstrate the relationship between agglomeration and action. The primary focus of this model is information exchange as the medium for these agent interactions. Our modeling and simulation study proposes to reveal interesting relationships in these perspectives, offer a foundation on which these disparate theories from economics and sociology can find common ground, and expand the use of agent-based modeling into entrepreneurship research.

Performance Implications of Business Model Change: A Case Study

Directory of Open Access Journals (Sweden)

Jana Poláková

2015-01-01

Full Text Available The paper deals with changes in performance level introduced by the change of business model. The selected case is a small family business undergoing through substantial changes in reflection of structural changes of its markets. The authors used the concept of business model to describe value creation processes within the selected family business and by contrasting the differences between value creation processes before and after the change introduced they prove the role of business model as the performance differentiator. This is illustrated with the use of business model canvas constructed on the basis interviews, observations and document analysis. The two business model canvases allow for explanation of cause-and-effect relationships within the business leading to change in performance. The change in the performance is assessed by financial analysis of the business conducted over the period of 2006–2012 demonstrates changes in performance (comparing development of ROA, ROE and ROS having their lowest levels before the change of business model was introduced, growing after the introduction of the change, as well as the activity indicators with similar developments of the family business. The described case study contributes to the concept of business modeling with the arguments supporting its value as strategic tool facilitating decisions related to value creation within the business.

Business Value in Public-Private Partnerships:

DEFF Research Database (Denmark)

Brogaard, Lena

2018-01-01

Governments and businesses enter public-private partnerships (PPPs) to achieve better outcomes, but successful partnerships are not easily accomplished. Because businesses’ expectations about PPP outcomes affect how and whether they participate as partners, managing PPPs effectively requires...... knowing not just what governments loose or gain, but also the value businesses receive. The article demonstrates how structural, collaborative and participant factors associated with both public and private partners affect business value in PPPs. Based on a mixed methods approach, this study tests four...... hypotheses on how PPPs influence value creation for businesses. The findings show that PPP experience, trust and PPP size have significant effects on business value. However, they only increase certain types of value, depending on the presence and performance of other factors. Moreover, the results show...

THE BOTS EXPERTS BASED ON THE PROCEDURAL KNOWLEDGE CREATION INFORMATION TECHNOLOGY

Directory of Open Access Journals (Sweden)

Володимир Олександрович ТІМОФЄЄВ

2017-03-01

Full Text Available Now the world web answers the questions "who?", "what?", "where?" and "when?" fast and completely. But not the question "how?", especially "how to settle emergency situation?” (which refers to procedural knowledge usually, private user’s advice from various forums is employed as the response. And this is despite the real boom of bots - programs that mimic human action through the Internet interfaces and of the so-called chatbots, that are the programs to provide answers within individual sites. The differences in knowledge representation forms make it impossible to use existing chatbot creation information technologies for dissemination the procedural knowledge in the bot-experts form via Internet. For the problem solution, the original information technology is offered. The article is addressed to IT-specialists, experts in various areas and to heads of the enterprises to use for creating the Internet consulting business or to solve organizational problems in an existing business.

Studying the Aspects of Knowledge Creation in the LAB Studio Model

Directory of Open Access Journals (Sweden)

Kari-Pekka Heikkinen

2016-06-01

Full Text Available The organisations of higher education are constantly changing. Universities, colleges, private schools and online universities refine their pedagogical methods and learning models in a competitive market. This article is a study on whether one such model helps students to gain new knowledge. A study of the LAB studio model (LSM, which is a pedagogical model developing connections between working-life based problems and the recognition and development of business-related prototypes and start-up companies, is presented. The LSM, theoretically grounded in a constructivist view of learning with a project-based education at its core, has the key goal of educating entrepreneurial competences in higher education. Based on the case study, comprisinga literature review of knowledge creation and a survey, the qualitative results analysis suggests that LSM offers a promising support for knowledge creation. The results lead to the conclusion that LSM provides support especially for the various modes of the SECI model, such as socialisation and internalisation, and seems to support organisational knowledge creation aspects as well.

The Concept of Business Model Scalability

DEFF Research Database (Denmark)

Nielsen, Christian; Lund, Morten

2015-01-01

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 foundation...... for a long-term profitable business. However, the message conveyed in this article is that while providing a good value proposition may help the firm ‘get by’, the really successful businesses of today are those able to reach the sweet-spot of business model scalability. This article introduces and discusses...

Three-Dimensional Service Value Creation Model Based on Multidisciplinary Framework: Service Value Transition in Flower Tourism and Robotized Music Appreciation Services

OpenAIRE

Nakamura, Kotaro; Imahori, Takahiro; Ikawa, Yasuo

2010-01-01

This paper is focused on the process of value creation in the service business and on the shift of service value created in actual service businesses. The analysis is used to demonstrate proposed models for explaining this shift. Service value is successfully created when customers enjoy the benefits of services proposed through a system of service businesses. The model visualizes the shift of service value, focusing on the three axes of width (of the place for service providing/usage in the ...

The Evaluation of Company's Intangible Assets' influence for Business Value

Directory of Open Access Journals (Sweden)

Živilė Savickaitė

2014-12-01

Full Text Available Mismeasurement of intangible assets in a company may result in high costs and loss of its competitiveness and position in the market. Conventional evaluation methods are not able to identify reliably intangible intensive business value because of such assets specificity. Therefore, the business assessment process adjustment, making it comprehensive and including the intangible asset valuation methods is a critical process that allows to evaluate companies better and increases business management efficiency and quality. The article states the importance of further scientific research in the areas of the intangible value resources, creation of business valuation, intangible assets valuation methods and models - the creation of intangible assets on the firm level and how they meet changing needs of the company's owners, capital markets investors, politicians and other interest-groups needs in the intangible intensive economy should be analysed as well as how economic systems based on intangible assets operates. Also special attention is be given to the strenghtening of the cooperation of scientific research and business. It's important to avoid a repeat of guidelines, methods, models and systems of intangible assets' measurement and business valuation methods and to eliminate its disadvantages in order to create and establish universal system for effective intangible intensive business valuation.

Co-Creation

DEFF Research Database (Denmark)

Degnegaard, Rex

2012-01-01

Co-creation as a concept has won terrain over the past 10 years. In practice as well as in literature, co-creation is climbing the agenda in relation to contemporary opportunities and challenges within management, organization development, and change initiatives. However, there Is very little...... research-based literature on the development of co-creation. This paper aims to build an overview of the literature on co-creation to explore what the existing literature relate to and indeed to pinpoint if any pattern or streams can be identified. A main finding from the analysis is how co-creation tends...

The Creation and Operation of Internal High Performance Modern Enterprises Team

Institute of Scientific and Technical Information of China (English)

Shengyu WANG

2015-01-01

The future of enterprises mainly depends on product research and development. For the modern enterprises, high performance project team is the most important means of R ＆ D projects. According to the interviews and survey found of a plurality of enterprise project R ＆ D team. the internal high performance team of modern business is good or bad, its key lies in whether the team managers for the team creation and management is in place, this is the most difficult place for the high performance team management system, especially the team leadership. Based on this, this paper discusses on the creation and management of high performance modern enterprise team, aiming to provide valuable reference for the enterprise team management.

Methodological approaches based on business rules

Directory of Open Access Journals (Sweden)

Anca Ioana ANDREESCU

2008-01-01

Full Text Available Business rules and business processes are essential artifacts in defining the requirements of a software system. Business processes capture business behavior, while rules connect processes and thus control processes and business behavior. Traditionally, rules are scattered inside application code. This approach makes it very difficult to change rules and shorten the life cycle of the software system. Because rules change more quickly than the application itself, it is desirable to externalize the rules and move them outside the application. This paper analyzes and evaluates three well-known business rules approaches. It also outlines some critical factors that have to be taken into account in the decision to introduce business rules facilities in a software system. Based on the concept of explicit manipulation of business rules in a software system, the need for a general approach based on business rules is discussed.

The Impact of e-Business Strategy on Home-Based Business

Directory of Open Access Journals (Sweden)

Rosnafisah Sulaiman

2009-06-01

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.

Perceptions of Circular Business Models in SMEs

Directory of Open Access Journals (Sweden)

Sebastian-Ion Ceptureanu

2018-05-01

Full Text Available Testing circular economy business models is crucial in understanding Circular Economy features across various industries. This paper analyses Circular Economy perceptions in Romanian SMEs by investigating entrepreneurs from PVC joinery industry. Using a multidimensional framework, ReSOLVE, as a conceptual model, and Lewandowski systematization, we measured 6 business actions and their relations with Value creation. The results of our survey can be described as mixed. Of the 6 business actions of ReSOLVE framework, for half of them (Regenerate, Optimize and Exchange we can definitely conclude that these are correlated with Circular Economy in terms of Value Creation, while for a fourth there are variables significantly correlated without being able to conclude its overall contribution in terms of Value creation. Our empirical investigation contributes to literature development on Circular Economy research in SMEs and a step forward to shape future research initiatives.

Establishment and Development of Business Incubators

OpenAIRE

Teliceanu Claudiu Daniel

2010-01-01

Business incubators are established in order to help new businesses to consolidate and, consequently, to lead to creation of new jobs as part of a strategic framework - territorial oriented, or on a particular policy priority or a combination of these factors. The business incubator supports its customers to overcome the legislative, administrative barriers and thus to start much easier a business, by facilitating the business establishment process and their access to community support network.

IMPLEMENTING FRANCHISING INTO A BUSINESS. : Based on my own business plan.

OpenAIRE

Krzyzaniak, Patryk

2016-01-01

The aim of the thesis is to successfully implement a business system based on franchising into the author's own business. The thesis will provide information about the actual busi-ness plan, theoretical and practical investigation on how franchising would efficiently work in the Finnish market, basic principles of cooperation on a franchise basis, categories of fran-chising (in general and in cooperation with the author's business plan), advantages and dis-advantages of having franchising as ...

Danubius International Business School – Different Ways in Business Education

Directory of Open Access Journals (Sweden)

Mirela Arsith

2013-05-01

Full Text Available In this material we propose an analysis of values, mission and vision of a new entity born into Danubius University landscape – Danubius International Business School (DIBS. Viewed as a bridge between theory and practice made from guidance, DIBS is an agent which transforms academic approach into a ready to apply in real world the business knowledge. Also, DIBS aim to participate at the creation of a global business community based on communication, ethics and knowledge. What we want to prove is that academic formation could be adapted to the requests of a fast changing socio-economic environment through complementary steps aimed to offer to participants skills and knowledge needed to solve complex challenges and to adapt identified solutions to new contexts. In the same time, we will demonstrate that inside DIBS, the entrepreneur/ intrapreneur is promoted as a competence creator, for its own or for others, the finality being the consolidation and development of the company for which is working for, having in mind guide-values as ethics based principles which guide the path from what it is through what it should be.

Facilitating value co-creation in networks

DEFF Research Database (Denmark)

Rasmussen, Mette Apollo

participants in varied ways come to grasp the meaning of networking. The dissertation draws on insights from the Service-Dominant (S-D) Logic to explain how networks can be seen as spheres for value co-creation. Co-creation as a theoretical construct has evolved from varied streams of service marketing...... of networking. The concept of “imaginative value” (Beckert, 2011) is used to explain the oscillating behaviors observed in the two networks. Imaginative value can be defined as symbolic value that actors ascribe to an object, in this case the network. I argue that the group practices in the networks led......The dissertation investigates through two ethnographic case studies how value co-creation takes place in inter-organizational networks that have been facilitated by a municipality. The contribution of the study to business network research is the emphasis on development phases of networks...

Developing a Business Application with BPM and MDE

Directory of Open Access Journals (Sweden)

Óscar Sanjuán Martínez

2009-12-01

Full Text Available In this paper we have designed an architecture for the generation of a business application, that allows to business users to adapt their processes to the constant change. At the moment all the architectures based to a great extent on SOA allow to modify the processes in a short period of time, but we go beyond and give the possibility to the business user of modifying their processes. To design this architecture, we rely on the fundamental use of two technologies: BPM (Business Process Modeling and MDE (Model Driven Engineering. Inside these technologies we focus on the creation of a business process notation extended from BPMN that is agile, easy to learn and design, and capable to provide semantic information about the process. Therefore this notation allows business process to modify their processes to achieve the proposed goal.

‘It's almost like taking the sales out of selling’—Towards a conceptualization of value-based selling in business markets

OpenAIRE

Terho Harri; Haas Alexander; Eggert Andreas; Ulaga Wolfgang

2012-01-01

While the creation of superior customer value is regarded as fundamental to a firm's long term survival and growth little is known about the effective implementation of a firm's value orientation at sales force level. As the sales force plays a pivotal role in implementing marketing strategies this study adopts a discovery oriented approach and conceptualizes value based selling as an effective sales approach in business markets. Based on in depth interviews with sales managers in a variety o...

Business incubators: (how) do they support their tenants?

NARCIS (Netherlands)

Ratinho, Tiago; Harms, Rainer; Groen, Arend J.

2009-01-01

Business incubators (BI) have been established worldwide as tools for company creation and small businesses support. BIs claim to help their tenants by providing them with the optimal conditions for increasing early stage survival. Practitioners and researchers agree that business support is a

Salespersons’ missing perspective on customer participation behavior in value co-creation : An exploratory study

NARCIS (Netherlands)

Weretecki, Patrick; Greve, Goetz; Henseler, Jörg

2018-01-01

Understanding how the personal interaction between customers and salespersons influences value creation is important for any business. From research it is known that customers’ participation is essential for successful value co-creation. Whereas research has already surveyed the perspective of the

The Impact of the Business Environment on the Business Creation Process

OpenAIRE

Klapper, Leora; Lewin, Anat; Delgado, Juan Manuel Quesada

2009-01-01

New data from the 2008 World Bank Group Entrepreneurship Survey indicates a very strong and statistically significant relationship between entrepreneurship and a better business environment. Data for 100 countries on the number of total and newly registered corporations over an eight-year period (2000-2007) were collected directly from registrars of companies around the world. Data were al...

BUSINESS MODEL PATTERNS FOR DISRUPTIVE TECHNOLOGIES

OpenAIRE

BENJAMIN AMSHOFF; CHRISTIAN DÜLME; JULIAN ECHTERFELD; JÜRGEN GAUSEMEIER

2015-01-01

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...

Do GCI indicators predict SME creation? A Western Balkans cross-country comparative analysis

Directory of Open Access Journals (Sweden)

Fëllënza Lushaku

2016-03-01

Full Text Available In early stages SMEs were seen as insignificant supplement to large business supply, whereas today they have a very important social and economic role, because of their contribution to job creation. These contributions are very valuable in times of crises and rising unemployment. In Kosovo and the Western Balkan countries, including countries such as Albania, Macedonia, Montenegro, Serbia and Bosnia and Herzegovina, the development of SMEs can contribute in facing many challenges, effects of inequality, high level of unemployment and demographic challenges. In addition, SME development can contribute to strengthening the competitiveness and productivity, while also promoting the growth of income per capita. Besides the positive perception the creation of small and medium enterprises has, it is also indispensable to consider their extinction rate, being the most affected category of businesses, especially in the initial stages. It is proved that the net SME creation and cross-country differences in the relationship between new businesses and extinct businesses, can serve as a recommendation for policy makers in order to create a favorable climate for small and medium enterprises. GCI indicators that measures global competitiveness are used to determine if the climate of competitiveness predicts the development of SMEs.

FROM THE «SOCIAL BUSINESS FACTORY» – TO THE «SOCIAL SERVICE FACTORY»

Directory of Open Access Journals (Sweden)

N. V. Vysotskaya

2010-01-01

Full Text Available Issues related to creation of organizations carrying out activities in the field of social business and social partnership are discussed as well as concepts of creation of two innovative projects «Social business factory» and «Social service factory».

A Surgical Business Composite Score for Army Medicine.

Science.gov (United States)

Stoddard, Douglas R; Robinson, Andrew B; Comer, Tracy A; Meno, Jenifer A; Welder, Matthew D

2016-06-01

Measuring surgical business performance for Army military treatment facilities is currently done through 6 business metrics developed by the Army Medical Command (MEDCOM) Surgical Services Service Line (3SL). Development of a composite score for business performance has the potential to simplify and synthesize measurement, improving focus for strategic goal setting and implementation. However, several considerations, ranging from data availability to submetric selection, must be addressed to ensure the score is accurate and representative. This article presents the methodology used in the composite score's creation and presents a metric based on return on investment and a measure of cases recaptured from private networks. Reprint & Copyright © 2016 Association of Military Surgeons of the U.S.

Contextual-Based Knowledge Creation for Agroindustrial Innovation

Directory of Open Access Journals (Sweden)

Elisa Anggraeni

2017-08-01

Full Text Available This paper discusses the knowledge creation process in one department, in a higher educational context, and the possible actions to take to improve the efficiency and effectiveness of the knowledge creation system in it. We conducted a case study at one department of a university that strives to improve its innovations, in terms of their quantity and quality.We used a soft system methodology to investigate the knowledge creation system in the chosen department. From the study, we conclude that the department can be considered as a learning organization, within which its staff continually create, acquire and transfer knowledge. This department has a learning environment which is conducive, concrete learning processes, and leadership that reinforces learning. In the context of producing agroindustry innovations, the knowledge creation system in this department is considered to be less effective since it frequently happens more at individual or small group levels. To improve its effectiveness, the management may facilitate the institutionalization of knowledge creation processes at every phase of the interactions between tacit and explicit knowledge.

Corporate social responsibility, a strategy to create and consolidate sustainable businesses

Directory of Open Access Journals (Sweden)

Mariana Cristina GANESCU

2012-11-01

Full Text Available To highlight the strategic importance of CSR, this paper starts with a study of specialized literature in order to identify the role of these strategies in the creation and strengthening of sustainable business. Using Dunphy's model as a start point, we attempted to draft typologies for social responsibility strategies that support organizations in creating and strengthening sustainable business. An empirical study of the European automobile industry has sought to highlight the impact CSR strategies have on sustainable business. Selection and implementation of appropriate social responsibility strategies are important in achieving added value through the creation and strengthening of sustainable business.

Business Plan for Nordfix

OpenAIRE

Stoyanov, Bogomil

2015-01-01

The purpose of this thesis is to create a partial business plan with the intended reader being a potential investor. Due to various reasons the creation of a complete business plan was not possible. The commissioning company for this thesis is Nordfix, in which I am the co-founder of. We operate in the IT-field, and more specifically in the maintenance and repairs of smart devices like smart phones, tablets or laptops. The business began operating in December 2013 from my home. With the ...

CO-CREATION INNOVATION IN CONSUMER GOODS INDUSTRY - THE CASE OF BARILLA GROUP (B

Directory of Open Access Journals (Sweden)

BUJOR Adriana

2015-05-01

Full Text Available It is already proven the fact that creativity and being inventive is what helped people around the world to face and overcome the crisis or different financial hard times in their lives. As for companies, being creative is what helps them to growth and differentiate from competitors. For this very reason, a business strategy used by them is co-creation that focuses on customer experience and interactive relationships. As ascertained in part (A, the aim of this paper is to explore and identify the pro-active involvement of all interested parties in Barilla’s products development or improvement using cocreation and co-innovation as the main business strategy. The foreseen result is to emphasize the Barilla Factory platform’s characteristics for consumer’s engagement in the value creation and co-creation, using social media as the main tool.

Knowledge in Value Creation Process for Increasing Competitive Advantage

Directory of Open Access Journals (Sweden)

Anna ZÁVODSKÁ

2012-12-01

Full Text Available The aim of this paper is to compare companies by using value creation model and to determine knowledge in these processes. The framework for the value creation process shows problems of case companies in different phases of this process. Knowledge is compared in each of the individual phases of the process and its role in different types of companies. There is identified role of knowledge for increasing competitive advantage. The methodology involves case study from which data are derived and analyzed. The analysis shows that the framework for the value creation process can be used as an analytical tool for value overview in different phases and there is a need for different approaches to improve business and create new value for customers. Based on the analyzed problems, proposed recommendations for improvement are made. These recommendations are based on providing value innovation for customers (end users of software product. Value innovation of software product is considered as crucial for improvement of the companies in machinery industry. Company A has created new value through remote service. This remote service provides several advantages. Customers can prevent problems in machines by implementing software product which is still analyzing and evaluating data from machines. Company B and C were not able to create major value innovation for several years.

Knowledge in Value Creation Process for Increasing Competitive Advantage

Directory of Open Access Journals (Sweden)

Veronika ŠRAMOVÁ

2013-07-01

Full Text Available The aim of this paper is to compare companies by using value creation model and to determine knowledge in these processes. The framework for the value creation process shows problems of case companies in different phases of this process. Knowledge is compared in each of the individual phases of the process and its role in different types of companies. There is identified role of knowledge for increasing competitive advantage. The methodology involves case study from which data are derived and analyzed. The analysis shows that the framework for the value creation process can be used as an analytical tool for value overview in different phases and there is a need for different approaches to improve business and create new value for customers. Based on the analyzed problems, proposed recommendations for improvement are made. These recommendations are based on providing value innovation for customers (end users of software product. Value innovation of software product is considered as crucial for improvement of the companies in machinery industry. Company A has created new value through remote service. This remote service provides several advantages. Customers can prevent problems in machines by implementing software product which is still analyzing and evaluating data from machines. Company B and C were not able to create major value innovation for several years.

Becoming a Learning Organization Through Dynamic Business Process Management

Directory of Open Access Journals (Sweden)

Marek Szelągowski

2014-01-01

Full Text Available As customers demand easier access to individualized products and services, companies now face an ongoing problem of how to deliver flexible and innovative solutions while maintaining efficiency and competitiveness. In this environment, the only sustainable form of competitive advantage rests in the ability to learn faster than the competition (de Geus, 1988. The article returns to the somewhat forgotten concept of the learning organization and explores how its principles can be applied with the use of dynamic business process management (dynamic BPM. Enabling in this concept individual or team-based limited experimentation and providing conditions for learning though experience in the course of performing business processes allows for the constant creation of practical knowledge. This article provides examples of how dynamic BPM facilitates the constant creation and verification of practical knowledge, with the aim of improving and adapting processes to maintain the competitive advantage of the organization.

Extracting business vocabularies from business process models: SBVR and BPMN standards-based approach

Science.gov (United States)

Skersys, Tomas; Butleris, Rimantas; Kapocius, Kestutis

2013-10-01

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.

The Creation and Development of Innovative Infrastructure in the Danube Countries

OpenAIRE

Liudmila Rosca-Sadurschi

2014-01-01

Entrepreneurship development is supported by a developed infrastructure or innovative infrastructure. The purpose of the business infrastructure is to create favorable conditions for its development by providing support in various areas, complete and targeted to businesses. Training system infrastructure provides creation and development of innovation infrastructure objects. Thus, this article will conduct a comparative analysis of the elements of innovation infrastructure and how...

Value Creation in the Context of Sustainable Corporate Social Responsibility

Science.gov (United States)

Šmida, Ľubomír; Sakál, Peter

2014-12-01

Under the influence of the new rules of the economy and the society, companies are achieving a notional line of a necessary change in the approach to creating new value, wealth. Implementation of changes in the system of wealth creation requires a review of existing assumptions of unlimited growth of the global economy and wealth creation in the environment accepting economic interests, society and the environment as a holistic unit. The main purpose of this paper is the clarification of a new requirements for business, presentation of the questionnaire survey Sustainable Corporate Social Responsibility and inform on value creation in the context of Sustainable Corporate Social Responsibility.

Value Creation in the Context of Sustainable Corporate Social Responsibility

Directory of Open Access Journals (Sweden)

Šmida Ľubomír

2014-12-01

Full Text Available Under the influence of the new rules of the economy and the society, companies are achieving a notional line of a necessary change in the approach to creating new value, wealth. Implementation of changes in the system of wealth creation requires a review of existing assumptions of unlimited growth of the global economy and wealth creation in the environment accepting economic interests, society and the environment as a holistic unit. The main purpose of this paper is the clarification of a new requirements for business, presentation of the questionnaire survey Sustainable Corporate Social Responsibility and inform on value creation in the context of Sustainable Corporate Social Responsibility.

Understanding the impact of technology on firms’ business models

DEFF Research Database (Denmark)

Cavalcante, Sergio Andre

2013-01-01

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 initiatives......Purpose – The purpose of this paper is to identify the impact of a new global positioning technology on firms’ business models. Design/methodology/approach – The empirical setting was a consortium of Danish organizations, established to develop a positioning-based technology platform as a basis...

The Framework of Knowledge Creation for Online Learning Environments

Science.gov (United States)

Huang, Hsiu­-Mei; Liaw, Shu­-Sheng

2004-01-01

In today's competitive global economy characterized by knowledge acquisition, the concept of knowledge management has become increasingly prevalent in academic and business practices. Knowledge creation is an important factor and remains a source of competitive advantage over knowledge management. Information technology facilitates knowledge…

76 FR 3827 - Regulatory Flexibility, Small Business, and Job Creation

Science.gov (United States)

2011-01-21

..., economic growth, and job creation. More than half of all Americans working in the private sector either are... imposing unnecessary burdens on the public. The RFA emphasizes the importance of recognizing ``differences... also encourages public participation in and transparency about the rulemaking process. Among other...

Inter-organizational collaboration in bio-based business

NARCIS (Netherlands)

Nuhoff-Isakhanyan, Gohar

2016-01-01

Globally, bio-based business is often perceived as sustainable, because its renewable production can potentially lower carbon and greenhouse emissions by substituting fossil-fuel-based production, reduce environmental sourcing problems, and create turnover and jobs. However, bio-based business

Follow the money: There's no business like the ed. business...

Science.gov (United States)

Levine, Murray; Levine, Adeline G

2014-07-01

The debate about charter schools and public schools has been conducted on an ideological level. However, the ideological argument obscures the ongoing transfer of public funds to private use, the creation of business and investment opportunities, and the effects of the private enterprise model on education. In the current two-part article, the authors discuss charter schools and finances. Part 1 concerns charter schools and management organizations. Part 2 focuses on charter schools as business investments. Throughout, the authors link the information to effects on education.

An Analytical Framework for Evaluating E-Commerce Business Models and Strategies.

Science.gov (United States)

Lee, Chung-Shing

2001-01-01

Considers electronic commerce as a paradigm shift, or a disruptive innovation, and presents an analytical framework based on the theories of transaction costs and switching costs. Topics include business transformation process; scale effect; scope effect; new sources of revenue; and e-commerce value creation model and strategy. (LRW)

The Coming of Knowledge-Based Business.

Science.gov (United States)

Davis, Stan; Botkin, Jim

1994-01-01

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)

Business Models, transparency and efficient stock price formation

DEFF Research Database (Denmark)

Nielsen, Christian; Vali, Edward; Hvidberg, Rene

has an impact on a company's price formation. In this respect, we analysed whether those companies that publish a lot of information that may support a business model description tend to have a more efficient price formation. Next, we turned to our sample of companies, and via interview-based case...... studies, we managed to draw conclusions on how to construct a comprehensible business model description. The business model explains how the company intends to compete in its market, and thus it gives an account of the characteristics that make the company unique. The business model constitutes...... the platform from which the company prepares and unfolds its strategy. In order to explain this platform and its particular qualities to external interested parties, the description must provide a clear and explicit account of the main determinants of the company's value creation and explain how...

Personal health systems and value creation mechanisms in occupational health care.

Science.gov (United States)

Auvinen, Ari-Matti

2007-01-01

Personal Health Systems are believed to have great business potential among citizens, but they might reach also an important market in occupational health care. However, in reaching the occupational health care market, it is important to understand the value creation and value configuration mechanisms of this particular market. This paper also claims that in such a business-to-business market service integrators are needed to compose for the various customers specific offerings combing a tailored variety of products and services to suit their specific needs.

Relating Successful Business Models to Intellectual Capital and Knowledge Management Practices

DEFF Research Database (Denmark)

Nielsen, Christian

2018-01-01

management, mediated by intellectual capital, and draws up a schema by which the relationships can be described and discussed. It concludes by synthesizing a future research agenda to further address these relationships and to strengthen our understanding of how they improve the value creation......There are a number of natural links between the fields of business models and knowledge management. The contemporary understanding of business models is that they are concerned with describing and analyzing the methods of value creation and the alternative ways of delivering use value to customers...... that are applied by organizations. Similarly, knowledge management also has intricate connections with mechanisms of value creation, through the structuring and improvement of knowledge processes in a given organization. Ensuring that the right knowledge is present is an important part of any business model...

Business unknowns shape oil industry risks

International Nuclear Information System (INIS)

Pane, R.

1991-01-01

Strategic thinking about an exploration and production program requires a careful assessment of risk, which can be defined as variability in the components of value creation. This article surveys, categorizes, and ranks business risks in the upstream petroleum business. It can serve as a checklist for thinking strategically about an E and P program

Unlocking how start-ups create business value with mobile applications: Development of an App-enabled Business Innovation Cycle

NARCIS (Netherlands)

Ehrenhard, Michel Léon; Wijnhoven, Alphonsus B.J.M.; van den Broek, Tijs Adriaan; Zinck Stagno, Marc

2017-01-01

Little is known about the business value that mobile applications (apps) can create, and how start-ups can leverage this value. We present a multiple-case study to both explain the process of app-enabled value creation and the type of value outcomes associated with the use of apps for business

Innovation and Entrepreneurship: The Necessary Conditions of Value Creation

Directory of Open Access Journals (Sweden)

Brian Barnard

2017-10-01

Full Text Available The necessary conditions of value creation are considered from the vantage point of innovation and entrepreneurship. Both demand side (basic needs, customer perceived value, and customer satisfaction and supply side (science, technology, and knowledge considerations of value creation are examined. The relationships between value creation and basic needs, customer perceived value, and knowledge are further examined. Although a number of factors are identified that impact value, only four are seen as primary factors of value: price, benefit, satisfaction, and experience. The innovator and entrepreneur can create value, and quantify the uniqueness of their value offerings, through these four primary factors. The study concludes that, on the demand side, basic needs may be an indirect driver of value creation, and customer perceived value as concept may be useful in the context of value creation. At the same time, it is believed that the four factors – price, benefit, satisfaction, and experience – can significantly explain value creation. On the supply side, innovation as the driver of value creation, is not necessarily confined to science and technology – business knowledge and acumen is an important avenue. In addition to existing knowledge and experience, factors like orientation (interests, passion, drive and involvement also explain opportunity recognition.

Adaptive Game Level Creation through Rank-based Interactive Evolution

DEFF Research Database (Denmark)

Liapis, Antonios; Martínez, Héctor Pérez; Togelius, Julian

2013-01-01

as fitness functions for the optimization of the generated content. The preference models are built via ranking-based preference learning, while the content is generated via evolutionary search. The proposed method is evaluated on the creation of strategy game maps, and its performance is tested using...

Navigating the Role of Business Incubators: A Review on the Current Literature on Business Incubation in South Africa

Directory of Open Access Journals (Sweden)

Thobekani Lose

2016-10-01

Full Text Available Business incubators (BIs are a significant tool in promoting the development of entrepreneurial firms, technology-based growth firms and economic growth in South Africa. The study reviewed the current literature on business incubation in South Africa. BIs in South Africa emerged as a popular strategy in the 1990s and most of the current literature was established in the same period. However, the current literature is still limited. The aim of this paper is to provide an overview of existing knowledge on the role and effectiveness of business incubation in supporting the development of new small startup businesses. The quantitative and qualitative literature published by the academic and practitioner communities is reviewed. The searches indicated that incubation has encouraged many studies in South Africa. The studies can be categorised under the following themes: the role and contribution of incubators, success factors for business incubation, obstacles, and the relationship between incubators and entrepreneurship. The areas for further research are suggested. Two major areas that new research can explore focus on the creation of the model and selfsustainability of BIs.

Value Co-creation as Part of an Integrative Vision of Innovation Management

DEFF Research Database (Denmark)

Gerstlberger, Wolfgang; Knudsen, Mette Præst; Tanev, Stoyan

2009-01-01

Value co-creation is an emerging concept in business, marketing and innovation management. Its growing interest points to the emergence of a new semantic wave in innovation research that requires the adoption of new terminology, frameworks and fields of research exploration. There is a number...... an attempt to position the value co-creation paradigm within an integrative vision for innovation management research and practices. This positioning is a challenging task as the meaning of the terms "value co-creation" and "integrative" innovation management need to be more fully clarified. We attempt...... to identify an appropriate plane of conceptual integrity that could be used to describe the innovation management field within the context of its relation to value co-creation....

Small business in Russia as an economic and social phenomenon

Directory of Open Access Journals (Sweden)

Guzikova Liudmila

2016-01-01

Full Text Available Today small business is undoubtedly an important part of national economies all over the world. Problematics of small business development turned to one of the most popular areas of study for the Russian researchers in the 1990s. After the market reforms started, a large part of population believed that small business would become a source of wealth and prosperity as for them personally so for the society as a whole. This opinion united academic researchers and practitioners-entrepreneurs, so the activities of the latter gave the empirical material for the first. The main economic functions usually attributed to small businesses are the following: innovation, combating monopolies and maintain a competitive environment, combating unemployment and creating jobs, increasing income of the general population and, consequently, the expansion of consumer demand, increase the professional activity, the development of entrepreneurial skills, spirit, and traditions. Social role of small business is considered as an important institution of civil society and the kernel of the middle class formation as a basis for socio-political stability of the state. In the earlier research of the author it was concluded that in today Russia small business does not perform properly the functions attributed to it by economic theory. Its contribution to innovation is modest. Its antimonopoly role does not fit the theoretical position. The role in job creation is noticeable but it is not accompanied by the role in income creation and by the appropriate indicators of business productivity. The aim of current research is to identify and to explain the specifics of small business in Russia in context of economic theory and social processes based on statistical and factual information.

Sustaining a Business

DEFF Research Database (Denmark)

Marinova, Svetla Trifonova; Marinov, Marin Alexandrov

2015-01-01

The chapter explores how internationalisation accounted for sustained business success during the turbulent time of radical economic, political and social transformation in Eastern Europe. The study adopts a longitudinal approach to exploring the evolution of internationalisation – from a partner......The chapter explores how internationalisation accounted for sustained business success during the turbulent time of radical economic, political and social transformation in Eastern Europe. The study adopts a longitudinal approach to exploring the evolution of internationalisation – from...... system was under way. Dyadic and triadic relationships are investigated by applying sets of theoretical approaches to the creation of an East-West business relationship. They encompass the role of the country’s government, the management of the focal company and the foreign partner. Furthermore, the role...... and the integration of the company into global business structures....

Value creation within campus-based ecosystems : toward evidence-based guidelines

NARCIS (Netherlands)

Cloodt, M.M.A.H.; Fathiro Hutama Reksa Putra, F.; Romme, A.G.L.; van der Borgh, W.

2015-01-01

The ecosystem approach to value creation is becoming increasingly popular in industry, but the body of empirical work in this area is still limited. As a result, it remains unclear how ecosystems add value to value creation processes at the company level. Moreover, most ecosystem research suffers

Value Creation in the Knowledge-Based Economy

Science.gov (United States)

Liu, Fang-Chun

2013-01-01

Effective investment strategies help companies form dynamic core organizational capabilities allowing them to adapt and survive in today's rapidly changing knowledge-based economy. This dissertation investigates three valuation issues that challenge managers with respect to developing business-critical investment strategies that can have…

DECREASE IN SOCIAL AND ECONOMIC CONSEQUENCES TECHNOLOGICAL DEVELOPMENT BASE INDUSTRIES BY FORMATION OF EFFECTIVE REGIONAL POLICY OF SUPPORT SMALL BUSINESS

Directory of Open Access Journals (Sweden)

A.G. Shelomentsev

2006-12-01

Full Text Available Clause is devoted to an actual problem of decrease in negative consequences of technological development of key economic branches of the industry at a regional level. During social and economic transformations to Russia to the beginning of 90th years XX of a century there has been begun complex process of re-structuring of key economic branches of the industry, including technological, social and economic transformations. During re-structuring by one of key directions of the decision of existing social problems there is a formation of effective policy of support of small business at a regional and local level. Creation of favorable conditions for development of small business allows for short time and at rather low expenses to smooth disproportions of social and economic development of territories arising at re-structuring. Flexibility inherent in small business, mobility and adaptibility to changeable market conditions can promote the decision of problems of social stability, maintenance of employment and saturation of the consumer market. Creation of the enterprises of small business on the basis of local natural-economic resources raises social and economic potential of industrial territories.

Designing Network-based Business Model Ontology

DEFF Research Database (Denmark)

Hashemi Nekoo, Ali Reza; Ashourizadeh, Shayegheh; Zarei, Behrouz

2015-01-01

Survival on dynamic environment is not achieved without a map. Scanning and monitoring of the market show business models as a fruitful tool. But scholars believe that old-fashioned business models are dead; as they are not included the effect of internet and network in themselves. This paper...... 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....

Communicating and reporting on the business model

OpenAIRE

Nielsen, Christian; Lund, Morten

2014-01-01

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 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 type...

Flash Foods' Job Creation and Petroleum Independence with E85

Energy Technology Data Exchange (ETDEWEB)

Walk, Steve [Protec Fuel Management LLC, Boca Raton, FL (United States)

2016-11-21

Protec Fuel Management project objectives are to help design, build, provide, promote and supply biofuels for the greater energy independence, national security and domestic economic growth through job creations, infrastructure projects and supply chain business stimulants.

The Strategic Impact of Corporate Responsibility and Criminal Networks on Value Co-Creation

Directory of Open Access Journals (Sweden)

Peter Zettinig

2011-02-01

Full Text Available This article is motivated by the increasing concern about the ever-declining security of pharmaceutical products due to the abundance of counterfeit network actors. We argue that if networks are effective mechanisms for criminal organizations to infiltrate into any value chain, then networks should also work for responsible businesses in their quests to counter this phenomenon of value destruction, which is ultimately detrimental to the value co-creation process. Thus, this article demonstrates a nuanced understanding of the strategic impact of corporate responsibility of actors in networks on value co-creation. The current discourse on value co-creation in business networks is structured in such a way that it precludes its inherent corporate responsibility component even though they are not mutually exclusive. Moreover, research on value co-creation aimed at the proactive and responsible defence of a network substance via value co-protection has been mostly scant. We propose a model of value-optimization through value co-protection and ethical responsibility. This way of theorizing has several implications for both policy making and managerial decision making in the pharmaceutical industry and beyond.

Effectual Reasoning and Causal Reasoning in Creating New Businesses: A Case Study

Directory of Open Access Journals (Sweden)

Juan Miguel Rosa González

2011-10-01

Full Text Available This article focuses on the process of new business creation, considering the effectuation approach, which explains the phenomenon of entrepreneurship in a different perspective than the traditional causal approach. Beginning with a description of the effectual approach assumptions, a case study about the subject is presented in order to explore the logic of the business creation process. The case discusses a Brazilian organization created in 1980 to produce materials and services in steel industry. Through structured interview with the entrepreneur who idealized the business, the main events in the early stages of the project are described. The results show the relationship between entrepreneur’s means available at the time of the enterprise creation and the new business design. In addition, the entrepreneur preferred a strategy of drawing instead of a decision one, and gave priority to strategic partnerships as a substitute of formal market research. All these aspects are covered by the effectual approach.

Business Model Innovation in Airlines

Directory of Open Access Journals (Sweden)

Bruno Alencar Pereira

2017-03-01

Full Text Available The business models innovation in airlines can contribute to the creation of value, competitive advantage and profitability with new possibilities of action. The proposed paper aimed to identify the business models adopted by airlines and identify how the innovation occurs at these organizations. The methodology adopted is characterized as empirical, exploratory and descriptive research by multiple case study with three major Brazilian airlines. The results demonstrate that the search for paradigm breaks, related to the dichotomic traditional models of low-cost and full-service, toward hybrid business models occur linearly, as examples highlighted by companies, in which internal changes in business models are considered major organizational innovations.

Designing a Business Model for Environmental Monitoring Services Using Fast MCDS Innovation Support Tools

Directory of Open Access Journals (Sweden)

Tuomo Eskelinen

2017-11-01

Full Text Available The free availability of open data provides opportunities to start new businesses and gain business intelligence. However, although data is often used to support decisions and actions, the possibilities offered by modern sensor technologies with connections to cloud-based data collection services are not being effectively capitalized. Data collection systems are also not generally open source solutions, even though open and flexibly adjustable systems would broaden the opportunities for solutions and larger revenue streams. In this article, we used action research methods to discover new business opportunities in a semi-open information system that utilizes environmental monitoring data. We applied a four-stage innovation process for industry, which included context definition, idea generation, and selection, and produced multi-criteria decision support (MCDS data to help the design of business model. This was done to reveal business opportunities for an environmental monitoring service. Among these opportunities, one service-style business model canvas was identified as feasible and selected for further development. We identified items that are needed in the commercialization process of environmental monitoring services. Our process combines open environmental monitoring data, participative innovation process, and MCDS support, and it supports and accelerates a co-creative business model creation process that is cost-beneficial in terms of saving time. The results are applicable to the creation of an open data information system that supports data-driven innovation.

Making Sense of Collective Events: The Co-creation of a Research-based Dance

OpenAIRE

Boydell, Katherine M.

2011-01-01

A symbolic interaction (BLUMER, 1969; MEAD, 1934; PRUS, 1996; PRUS & GRILLS, 2003) approach was taken to study the collective event (PRUS, 1997) of creating a research-based dance on pathways to care in first episode psychosis. Viewing the co-creation of a research-based dance as collective activity attends to the processual aspects of an individual's experiences. It allowed us to study the process of the creation of the dance and its capacity to convert abstract research into concrete form a...

Making Sense of Collective Events: The Co-creation of a Research-based Dance

OpenAIRE

Katherine M. Boydell

2011-01-01

A symbolic interaction (Blumer, 1969; Mead, 1934; Prus, 1996; Prus & Grills, 2003) approach was taken to study the collective event (Prus, 1997) of creating a research-based dance on pathways to care in first episode psychosis. Viewing the co-creation of a research-based dance as collective activity attends to the processual aspects of an individual's experiences. It allowed the authors to study the process of the creation of the dance and its capacity to convert abstract research into concre...

Business models of the collaborative economy

DEFF Research Database (Denmark)

Gyimóthy, Szilvia

2017-01-01

Collaborative business models are often equated with disruptive commercial endeavors, epitomised by a handful large global sharing platforms. They represent a certain archetype of business model, extracting profit from market-mediated peer exchanges. A narrow focus on for-profit models obstructs...... coming to terms with the full scope of the collaborative economy phenomena, driven by purposes and actors beyond commercial market domains. This chapter attempts to broaden this perspective by reviewing alternative value creation mechanisms and presents emerging business model archetypes....

Back to Business Fundamentals: Making “Bottom of the Pyramid” Relevant to Core Business

Directory of Open Access Journals (Sweden)

Erik Simanis

2012-06-01

Full Text Available Over the last half-decade, corporate interest in Bottom of the Pyramid (BOP — strategies for profitably serving the world’s lowest income consumers—has dropped precipitously or migrated to the CSR (i.e., philanthropic side of the business. We contend that these trends stem from a fundamental misalignment generated when BOP is framed and managed as a market-based solution to poverty alleviation rather than an internally competitive investment opportunity.Examining macro, meso, and micro dimensions of a company’s core operations, we argue that if corporations are to make BOP part of their investment portfolios, there needs to be four changes to management practice which ensure business fundamentals guide decision-making. First, proponents need to drop the development-infused term “Bottom of the Pyramid” and communicate in terms familiar to and used by the majority of business managers in emerging market country offices. Second, in framing the business case, managers need to leave behind exaggerated, emotionally-tinged claims in favor of concrete, bounded opportunities that address the objectives and investment parameters of a specific unit in the company. Third, at the field level, managers need to reorient their focus from co-creation and community engagement strategies to the business economic drivers of business unit profitability. Finally, to evaluate projects and investments, managers need to measure outputs that link directly to business performance and curtail the growing overemphasis on ”impact assessments.”

Role of Waste Management in Wealth Creation in Nigeria ...

African Journals Online (AJOL)

The concept of entrepreneurship as it relates to waste to wealth by private sector participation (PSP) franchise is considered to have assisted the government create jobs and new businesses for many in contemporary economies, This study essentially try to access whether PSP franchise operators aid in the creation of jobs ...

Business model dynamics and innovation

DEFF Research Database (Denmark)

Cavalcante, Sergio Andre; Kesting, Peter; Ulhøi, John Parm

2011-01-01

the impact of specific changes to a firm's business model. Such a tool would be particularly useful in identifying path dependencies and resistance at the process level, and would therefore allow a firm's management to take focused action on this in advance. Originality/value – The paper makes two main...... 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 evaluate......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...

Developing cloud-based Business Process Management (BPM): a survey

Science.gov (United States)

Mercia; Gunawan, W.; Fajar, A. N.; Alianto, H.; Inayatulloh

2018-03-01

In today’s highly competitive business environment, modern enterprises are dealing difficulties to cut unnecessary costs, eliminate wastes and delivery huge benefits for the organization. Companies are increasingly turning to a more flexible IT environment to help them realize this goal. For this reason, the article applies cloud based Business Process Management (BPM) that enables to focus on modeling, monitoring and process management. Cloud based BPM consists of business processes, business information and IT resources, which help build real-time intelligence systems, based on business management and cloud technology. Cloud computing is a paradigm that involves procuring dynamically measurable resources over the internet as an IT resource service. Cloud based BPM service enables to address common problems faced by traditional BPM, especially in promoting flexibility, event-driven business process to exploit opportunities in the marketplace.

Building business from technology: The Sandia experience

Energy Technology Data Exchange (ETDEWEB)

Traylor, L.B.

1995-07-01

This paper describes New Ventures, a new initiative at Sandia National Laboratories that encourages the creation of new businesses based on laboratory technology as a timely, efficient means of technology transfer. Sandia`s New Ventures program has shown that a dedicated effort can produce significant results. In the three years prior to this program`s launch, just two ventures per year on average were created based on laboratory technology. By comparison, the New Ventures program has enabled 20 new ventures in its first nine months of full operation.

The RiverFish Approach to Business Process Modeling: Linking Business Steps to Control-Flow Patterns

Science.gov (United States)

Zuliane, Devanir; Oikawa, Marcio K.; Malkowski, Simon; Alcazar, José Perez; Ferreira, João Eduardo

Despite the recent advances in the area of Business Process Management (BPM), today’s business processes have largely been implemented without clearly defined conceptual modeling. This results in growing difficulties for identification, maintenance, and reuse of rules, processes, and control-flow patterns. To mitigate these problems in future implementations, we propose a new approach to business process modeling using conceptual schemas, which represent hierarchies of concepts for rules and processes shared among collaborating information systems. This methodology bridges the gap between conceptual model description and identification of actual control-flow patterns for workflow implementation. We identify modeling guidelines that are characterized by clear phase separation, step-by-step execution, and process building through diagrams and tables. The separation of business process modeling in seven mutually exclusive phases clearly delimits information technology from business expertise. The sequential execution of these phases leads to the step-by-step creation of complex control-flow graphs. The process model is refined through intuitive table and diagram generation in each phase. Not only does the rigorous application of our modeling framework minimize the impact of rule and process changes, but it also facilitates the identification and maintenance of control-flow patterns in BPM-based information system architectures.

The Unfolding of Value Sources During Online Business Model Transformation

Directory of Open Access Journals (Sweden)

Nadja Hoßbach

2016-12-01

Full Text Available Purpose: In the magazine publishing industry, viable online business models are still rare to absent. To prepare for the ‘digital future’ and safeguard their long-term survival, many publishers are currently in the process of transforming their online business model. Against this backdrop, this study aims to develop a deeper understanding of (1 how the different building blocks of an online business model are transformed over time and (2 how sources of value creation unfold during this transformation process. Methodology: To answer our research question, we conducted a longitudinal case study with a leading German business magazine publisher (called BIZ. Data was triangulated from multiple sources including interviews, internal documents, and direct observations. Findings: Based on our case study, we nd that BIZ used the transformation process to differentiate its online business model from its traditional print business model along several dimensions, and that BIZ’s online business model changed from an efficiency- to a complementarity- to a novelty-based model during this process. Research implications: Our findings suggest that different business model transformation phases relate to different value sources, questioning the appropriateness of value source-based approaches for classifying business models. Practical implications: The results of our case study highlight the need for online-offline business model differentiation and point to the important distinction between service and product differentiation. Originality: Our study contributes to the business model literature by applying a dynamic and holistic perspective on the link between online business model changes and unfolding value sources.

Business plan Seed potato programmes Zambezi Valley, Mozambique

NARCIS (Netherlands)

Haverkort, F.; Saavedra Gonzalez, Y.R.

2015-01-01

This business plan has been prepared for local entrepreneurs who would like to expand/start their business portfolio and are looking for an opportunity of investment in the agricultural sector in the Zambezi Valley in Mozambique. We propose the creation of a seed potato programme for the red skinned

Getting Down to Business : Strengthening Economies through Business Registration Reforms

OpenAIRE

Saltane, Valentina; Pan, Jiawen

2013-01-01

Business registration remains a complicated and costly process in many countries, hampering entrepreneurial activity and the creation of formal employment. In Bolivia and Uganda, for example, entrepreneurs need to complete 15 procedures to incorporate a limited liability company. In the Gambia and Djibouti, the cost of incorporation is about 180 percent of per capita income, and the averag...

FOCIH: Form-Based Ontology Creation and Information Harvesting

Science.gov (United States)

Tao, Cui; Embley, David W.; Liddle, Stephen W.

Creating an ontology and populating it with data are both labor-intensive tasks requiring a high degree of expertise. Thus, scaling ontology creation and population to the size of the web in an effort to create a web of data—which some see as Web 3.0—is prohibitive. Can we find ways to streamline these tasks and lower the barrier enough to enable Web 3.0? Toward this end we offer a form-based approach to ontology creation that provides a way to create Web 3.0 ontologies without the need for specialized training. And we offer a way to semi-automatically harvest data from the current web of pages for a Web 3.0 ontology. In addition to harvesting information with respect to an ontology, the approach also annotates web pages and links facts in web pages to ontological concepts, resulting in a web of data superimposed over the web of pages. Experience with our prototype system shows that mappings between conceptual-model-based ontologies and forms are sufficient for creating the kind of ontologies needed for Web 3.0, and experiments with our prototype system show that automatic harvesting, automatic annotation, and automatic superimposition of a web of data over a web of pages work well.

Alignment Effectiveness for Value Creation with Information Systems

Directory of Open Access Journals (Sweden)

Martina MITAMBO

2014-08-01

Full Text Available Enterprises often face problems while executing business strategies to exploit opportunities or solve problems. Within enterprises, strategy blindness could be affected by mistranslation of strategic intent, flexibility of the information system, or cognitive entrenchment. The alignment between business strategy and business processes is a critical factor in the ability of enterprises to overcome the phenomenon. Opportunities for value creation include magnifying the positive spread in cash flow or pursuing growth opportunities. Information systems could greatly simplify the processes involved in business strategy by integrating process-related decision-making with the business strategy. Decision support tools such as knowledge management, decision strategy, decision content, and expert groups, customised for organisational information systems can help enterprises optimise operations in a variety of ways such as becoming more responsive to changing market conditions in hypercompetitive markets. Greatest opportunities for decision support are incorporating external sources of data such as economic data and user behaviour analytics. Benefits are more effective utilisation of resources, larger product portfolio, better product or service quality, and shorter delivery times.

77 FR 39385 - Receipts-Based, Small Business Size Standard

Science.gov (United States)

2012-07-03

.... The NRC is increasing its receipts-based, small business size standard from $6.5 million to $7 million...-based, small business size standard increasing from $6.5 million to $7.0 million. This adjustment is to... regulatory programs. The NRC is increasing its receipts-based, small business size standard from $6.5 million...

Ecosystem Based Business Model of Smart Grid

OpenAIRE

Lundgaard, Morten Raahauge; Ma, Zheng; Jørgensen, Bo Nørregaard

2015-01-01

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...

Migration, Business Formation, and the Informal Economy in Urban Mexico

Science.gov (United States)

Riosmena, Fernando

2013-01-01

Although the informal economy has grown rapidly in several developing nations, and migration and informality may be related to similar types of credit constraints and market failures, previous research has not systematically attempted to identify if migrant households are more likely to start informal and formal businesses alike and if this association varies across local contexts. We examine the relationship between prior U.S. migration and the creation of both formal and informal businesses in urban Mexico using several criteria to indirectly assess sector location. We use data from 56 communities from the Mexican Migration Project to estimate multilevel survival and nonmultilevel competing risk models predicting the likelihood of informal, formal, and no business formation. The recent return migration of the household head is strongly associated with informal business creation, particularly in economically dynamic areas. On the other hand, migrants are only marginally more likely to start formal businesses in highly economically dynamic sending areas. PMID:23721676

Value Creation in Digital Service Platforms

DEFF Research Database (Denmark)

Ghazawneh, Ahmad; Mansour, Osama

2017-01-01

Value creation is increasingly relevant for owners of digital service platforms (DSPs). These owners have two vital goals: increase their service base and sustain their service offerers. A key element in continuously accommodating these goals is value creation. While the literature on DSPs is gro...... of service offerers. As such, our study proposes and contributes a value creation framework for DSPs that identifies 8 value sources and highlights resource combination and exchange in the process of value creation.......Value creation is increasingly relevant for owners of digital service platforms (DSPs). These owners have two vital goals: increase their service base and sustain their service offerers. A key element in continuously accommodating these goals is value creation. While the literature on DSPs...... is growing, there is a paucity of knowledge on the value creation process in these platforms. Drawing on a qualitative study of Uber drivers in Denmark and Sweden, we synthesize Schumpeter’s theory of value creation to develop an understanding of the value creation process in DSPs from the perspective...

Internationalization through business model innovation: In search of relevant design dimensions and elements

DEFF Research Database (Denmark)

Rask, Morten

2014-01-01

Internationalization through business model innovation involves the creation, or reinvention, of the business itself. This paper aims to integrate basic insight from the literature on business model innovation, internationalization of the firm, international entrepreneurship and global marketing...

Principles and Best Practices in Successful Tourism Business Incubators

OpenAIRE

Andreea F. Schiopu; Dragos C. Vasile; Claudia E. Tuclea

2015-01-01

The business incubators are entities that provide support to start-up companies, managing the obstacles faced by entrepreneurs and facilitating the hazardous process of business creation. This article aims to identify the existing views on best practices that can contribute to the achieving of business incubators’ objectives. Moreover, the present study investigates how the business incubators can ensure the success of tourism, with evidence grounded in both theory and case studies from aroun...

The influence of the social capital on business performance: an analysis in the context of horizontal business networks.

Directory of Open Access Journals (Sweden)

Jayr Figueiredo de Oliveira

2013-06-01

Full Text Available Based on the arguments of Nahapiet and Ghoshal (1998, this article analyzes the relation between the social capital of entrepreneurs participating in horizontal networks and their companies’ performance. A survey of 218 business people from 34 horizontal business networks found that the absolute number of contacts of an entrepreneur within the network, the diversity and quality of the relationships and the cognitive similarity positively influence company performance. The results also show that entrepreneurs participating in horizontal networks have access to high levels of relevant information for their businesses, from the social capital developed within the network. The main theoretical contribution of this paper is that it confirms the relevance of social capital in business performance, thus confirming, in the context of inter-organizational networks, the studies by Ahuja (2000, McFadyen and Cannella (2004, Smith, Collins and Clark (2005, Tsang (2005, and Liao and Welsch (2003. As a contribution to a managerial practice, the results show that network managers can create mechanisms to encourage the development of the entrepreneurs’ social capital by promoting the creation and strengthening of ties, with positive consequences for business performance.

Is employer-based health insurance a barrier to entrepreneurship?

Science.gov (United States)

Fairlie, Robert W; Kapur, Kanika; Gates, Susan

2011-01-01

The focus on employer-provided health insurance in the United States may restrict business creation. We address the limited research on the topic of "entrepreneurship lock" by using recent panel data from matched Current Population Surveys. We use difference-in-difference models to estimate the interaction between having a spouse with employer-based health insurance and potential demand for health care. We find evidence of a larger negative effect of health insurance demand on business creation for those without spousal coverage than for those with spousal coverage. We also take a new approach in the literature to examine the question of whether employer-based health insurance discourages business creation by exploiting the discontinuity created at age 65 through the qualification for Medicare. Using a novel procedure of identifying age in months from matched monthly CPS data, we compare the probability of business ownership among male workers in the months just before turning age 65 and in the months just after turning age 65. We find that business ownership rates increase from just under age 65 to just over age 65, whereas we find no change in business ownership rates from just before to just after for other ages 55-75. We also do not find evidence from the previous literature and additional estimates that other confounding factors such as retirement, partial retirement, social security and pension eligibility are responsible for the increase in business ownership in the month individuals turn 65. Our estimates provide some evidence that "entrepreneurship lock" exists, which raises concerns that the bundling of health insurance and employment may create an inefficient level of business creation. Copyright © 2010 Elsevier B.V. All rights reserved.

The role of business models in Finnish construction companies

Directory of Open Access Journals (Sweden)

Aki Pekuri

2013-09-01

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. 

The role of business models in Finnish construction companies

Directory of Open Access Journals (Sweden)

Aki Pekuri

2013-09-01

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.

A Location-Based Business Information Recommendation Algorithm

Directory of Open Access Journals (Sweden)

Shudong Liu

2015-01-01

Full Text Available Recently, many researches on information (e.g., POI, ADs recommendation based on location have been done in both research and industry. In this paper, we firstly construct a region-based location graph (RLG, in which region node respectively connects with user node and business information node, and then we propose a location-based recommendation algorithm based on RLG, which can combine with user short-ranged mobility formed by daily activity and long-distance mobility formed by social network ties and sequentially can recommend local business information and long-distance business information to users. Moreover, it can combine user-based collaborative filtering with item-based collaborative filtering, and it can alleviate cold start problem which traditional recommender systems often suffer from. Empirical studies from large-scale real-world data from Yelp demonstrate that our method outperforms other methods on the aspect of recommendation accuracy.

Business intelligence and capacity planning: web-based solutions.

Science.gov (United States)

James, Roger

2010-07-01

Income (activity) and expenditure (costs) form the basis of a modern hospital's 'business intelligence'. However, clinical engagement in business intelligence is patchy. This article describes the principles of business intelligence and outlines some recent developments using web-based applications.

Enriching the Values of Micro and Small Business Research Projects: Co-Creation Service Provision as Perceived by Academic, Business and Student

Science.gov (United States)

Thatcher, James; Alao, Hanan; Brown, Christopher J.; Choudhary, Shahriar

2016-01-01

The National Committee of Inquiry into Higher Education (1996) chaired by Lord Dearing envisioned a university sector central to the UK's knowledge-based economy. With successive government support the university-business partnership ideology has been put into practice. Widening participation has increased in emphasis over recent years, providing…

Ecosystem Based Business Model of Smart Grid

DEFF Research Database (Denmark)

Lundgaard, Morten Raahauge; Ma, Zheng; Jørgensen, Bo Nørregaard

2015-01-01

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....

Business models of micro businesses: Empirical evidence from creative industries

Directory of Open Access Journals (Sweden)

Pfeifer Sanja

2017-01-01

Full Text Available Business model describes how a business identifies and creates value for customers and how it organizes itself to capture some of this value in a profitable manner. Previous studies of business models in creative industries have only recently identified the unresolved issues in this field of research. The main objective of this article is to analyse the structure and diversity of business models and to deduce how these components interact or change in the context of micro and small businesses in creative services such as advertising, architecture and design. The article uses a qualitative approach. Case studies and semi-structured, in-depth interviews with six owners/managers of micro businesses in Croatia provide rich data. Structural coding in data analysis has been performed manually. The qualitative analysis has indicative relevance for the assessment and comparison of business models, however, it provides insights into which components of business models seem to be consolidated and which seem to contribute to the diversity of business models in creative industries. The article contributes to the advancement of empirical evidence and conceptual constructs that might lead to more advanced methodological approaches and proposition of the core typologies or classifications of business models in creative industries. In addition, a more detailed mapping of different choices available in managing value creation, value capturing or value networking might be a valuable help for owners/managers who want to change or cross-fertilize their business models.

Blurring the Boundaries between Vocational Education, Business and Research in the Agri-Food Domain

Science.gov (United States)

Wals, Arjen E. J.; Lans, Thomas; Kupper, Hendrik

2012-01-01

This article discusses the emergence and significance of new knowledge configurations within the Dutch agri-food context. Knowledge configurations can be characterised as arrangements between VET and (often regional) partners in business and research aimed at improving knowledge transfer, circulation or co-creation. Based on a literature review…

Developing R&D portfolio business validity simulation model and system.

Science.gov (United States)

Yeo, Hyun Jin; Im, Kwang Hyuk

2015-01-01

The R&D has been recognized as critical method to take competitiveness by not only companies but also nations with its value creation such as patent value and new product. Therefore, R&D has been a decision maker's burden in that it is hard to decide how much money to invest, how long time one should spend, and what technology to develop which means it accompanies resources such as budget, time, and manpower. Although there are diverse researches about R&D evaluation, business factors are not concerned enough because almost all previous studies are technology oriented evaluation with one R&D technology based. In that, we early proposed R&D business aspect evaluation model which consists of nine business model components. In this research, we develop a simulation model and system evaluating a company or industry's R&D portfolio with business model point of view and clarify default and control parameters to facilitate evaluator's business validity work in each evaluation module by integrate to one screen.

Educating Bootstrapping : Financial decision making processes in Create Business Incubator

OpenAIRE

Nosov, Igor; Hamraev, Rustam

2009-01-01

Recently, small businesses have attracted much attention from scholars and businessmen, since the significance of these businesses estimated essential in rapid changing business environment from the perspective of wealth and job creation. Simultaneously, it is well known that most infant entrepreneurs are constrained by shortage of financial resource for development and growth of their business. Some entrepreneurs carry out the need for resources by applying the particular methods of financia...

Creating Business Value through Agile Project Management and Information Systems Development

DEFF Research Database (Denmark)

Kautz, Karlheinz; Johansen, Thomas Heide; Uldahl, Andreas

2014-01-01

Value creation through information systems (IS) and information technology (IT) is a major IS research topic. However there still exists an ambiguity and fuzziness of the ‘IS business value’ concept and a lack of clarity surrounding the value creation process. This also true for organizations...... that develop IS/IT and for development technologies like information systems development and project management methods that are applied in the production of IS/IT. The agile method Scrum is one such technology. In the research presented here we studied productivity, quality and employee satisfaction...... with some of the deficiencies in current IS business value research and contribute to filling existing gaps in an IS business value research agenda....

Value uncaptured perspective for sustainable business model innovation

OpenAIRE

Yang, M; Evans, S; Vladimirova, D; Rana, P

2016-01-01

Sustainability has become one of the key factors for long-term business success. Recent research and practice show that business model innovation is a promising approach for improving sustainability in manufacturing firms. To date business models have been examined mostly from the perspectives of value proposition, value capture, value creation and delivery. There is a need for a more comprehensive understanding of value in order to promote sustainability. This paper proposes value uncaptured...

Runtime Logistic Process Orchestration Based on Business Transaction Choreography

NARCIS (Netherlands)

Hofman, W.J.

2013-01-01

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

Advancement of Marketing Developing Biotechnology-Based Business

OpenAIRE

Vilmantas, Vaidas; Melnikas, Borisas

2014-01-01

The article, in a complex way, analyzes the needs of marketing improvement in developing biotechnology-based 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...

English for Business: Student Responses to Language Learning through Social Networking Tools

Science.gov (United States)

García Laborda, Jesús; Litzler, Mary Frances

2017-01-01

This action research based case study addresses the situation of a first year class of Business English students at Universidad de Alcalá and their attitudes towards using Web 2.0 tools and social media for language learning. During the semester, the students were asked to collaborate in the creation and use of some tools such as blogs, video…

A study of Relationship Marketing in business-to-business markets focusing on the Indian Jewellery sector

OpenAIRE

Godha, Kartika

2007-01-01

Relationship marketing today is one the most talked about contemporary marketing strategies and a new paradigm in marketing over a last few decades. However, the operational aspects of this paradigm are still vague and need more investigation. The purpose of this research is to understand the effect of relationship marketing in business-to-business sector emphasizing on Indian gems and jewellery Industry and how different factors add to the creation and development of relationships. ...

Path Creation

DEFF Research Database (Denmark)

Karnøe, Peter; Garud, Raghu

2012-01-01

This paper employs path creation as a lens to follow the emergence of the Danish wind turbine cluster. Supplier competencies, regulations, user preferences and a market for wind power did not pre-exist; all had to emerge in a tranformative manner involving multiple actors and artefacts. Competenc......This paper employs path creation as a lens to follow the emergence of the Danish wind turbine cluster. Supplier competencies, regulations, user preferences and a market for wind power did not pre-exist; all had to emerge in a tranformative manner involving multiple actors and artefacts....... Competencies emerged through processes and mechanisms such as co-creation that implicated multiple learning processes. The process was not an orderly linear one as emergent contingencies influenced the learning processes. An implication is that public policy to catalyse clusters cannot be based...

Communicating and reporting on the business model

DEFF Research Database (Denmark)

Nielsen, Christian; Lund, Morten

2014-01-01

will be 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...

77 FR 39442 - Receipts-Based, Small Business Size Standard

Science.gov (United States)

2012-07-03

... RIN 3150-AJ14 [NRC-2012-0062] Receipts-Based, Small Business Size Standard AGENCY: Nuclear Regulatory... Regulatory Flexibility Act of 1980, as amended. The NRC is proposing to increase its receipts-based, small business size standard from $6.5 million to $7 million to conform to the standard set by the Small Business...

Innovation as a transversal Axis in Organizational Business Models

Directory of Open Access Journals (Sweden)

Luis Fernando Landazury Villalba

2017-02-01

Full Text Available In the field of business and administration, innovation has turned to be a differentiating factor in the business models of organizations; for this reason, this article aims at showing a theoretical reflection about innovation in various business models, exploring the relevance of the concepts of management and creation of added value. It was noticed a pertinent concept for innovation and business models from an interpretation perspective, as well as ideas and views which clearly show that these forms of innovation and business models really generate added value.

Entrepreneurial Checklist Tool for Beginning Farm and Home-Based Businesses

Science.gov (United States)

Rafie, A. R.; Nartea, Theresa

2012-01-01

Extension educators entertain frequent questions on beginning a farm or starting a home-based business. Retired, unemployed, and displaced workers consider starting a small farm or home-based business. Determining educational needs or individual business aptitude is time consuming. Lengthy and comprehensive skill-based checklists exist for…

An investigation into the determinants of business performance in ...

International Development Research Centre (IDRC) Digital Library (Canada)

High-performing businesses are currently seen as a source of job and wealth creation, essential elements of a strategy for inclusive growth. This project aims to contribute to a better understanding of the determinants of business productivity in Francophone Africa. Findings will offer further insights for policymakers looking to ...

Digital Maturity of the Firm's Business Model

DEFF Research Database (Denmark)

Groskovs, Sergejs; Vemula, Sreekanth

We propose a digital maturity assessment model as an instrument for researchers and a strategic tool for managers. Existing literature lacks a conceptually clear way to measure the construct of digital maturity at the level of the firms business model. Our proposed instrument thus opens avenues...... for research into questions related to antecedents, process, and performance outcomes of the digitalization of business activities. The assessment follows the logic of first decomposing the business model into the underlying value creation activities and then evaluating the levels of automation...

Main components of business cards design

Directory of Open Access Journals (Sweden)

Ю. В. Романенкова

2003-03-01

Full Text Available The essay is dedicated to the urgent problem of necessity of creation of professional design of business cards, that are important part of the image of modem businessman. There are classification of cards by functional principle, the functions of cards of each type were analyzed. All components of business card, variants of its composition schemes, color characteristics, principles of use of trade marks and other design elements have been allocated

How to Develop a Multi-Grounded Theory: the evolution of a business process theory

Directory of Open Access Journals (Sweden)

Mikael Lind

2006-05-01

Full Text Available In the information systems field there is a great need for different theories. Theory development can be performed in different ways – deductively and/or inductively. Different approaches with their pros and cons for theory development exists. A combined approach, which builds on inductive as well as deductive thinking, has been put forward – a Multi-Grounded Theory approach. In this paper the evolution of a business process theory is regarded as the development of a multi-grounded theory. This evolution is based on empirical studies, theory-informed conceptual development and the creation of conceptual cohesion. The theoretical development has involved a dialectic approach aiming at a theoretical synthesis based on antagonistic theories. The result of this research process was a multi-grounded business process theory. Multi-grounded means that the theory is empirically, internally and theoretically founded. This business process theory can be used as an aid for business modellers to direct attention towards relevant aspects when business process determination is performed.

Business Value of Information Technology Service Quality Based on Probabilistic Business-Driven Model

Directory of Open Access Journals (Sweden)

Jaka Sembiring

2015-08-01

Full Text Available The business value of information technology (IT services is often difficult to assess, especially from the point of view of a non-IT manager. This condition could severely impact organizational IT strategic decisions. Various approaches have been proposed to quantify the business value, but some are trapped in technical complexity while others misguide managers into directly and subjectively judging some technical entities outside their domain of expertise. This paper describes a method on how to properly capture both perspectives based on a  probabilistic business-driven model. The proposed model presents a procedure to calculate the business value of IT services. The model also covers IT security services and their business value as an important aspect of IT services that is not covered in previously published researches. The impact of changes in the quality of IT services on business value will also be discussed. A simulation and a case illustration are provided to show the possible application of the proposed model for a simple business process in an enterprise.

Small Business in America: The Year 2000 and Beyond.

Science.gov (United States)

Institute for Enterprise Advancement, Washington, DC.

Small businesses are meeting the challenges of a changing economy and leading the way in production and job creation. Small businesses especially will continue to benefit from demographic and societal shifts, in particular the emergence of the two-career family that fuels the service industry. Women and minority persons are the newest…

76 FR 71514 - Meeting of the National Advisory Council on Minority Business Enterprise

Science.gov (United States)

2011-11-18

... Council on Minority Business Enterprise AGENCY: Minority Business Development Agency, U.S. Department of... Enterprise (NACMBE) will hold its fourth meeting to discuss the work of the three subcommittees and...) Definition of Minority Business Enterprises (MBEs) and MBDA's role, (2) Creation of an MBE Forum, and (3...

76 FR 56404 - Meeting of the National Advisory Council on Minority Business Enterprise

Science.gov (United States)

2011-09-13

... Council on Minority Business Enterprise AGENCY: Minority Business Development Agency, U.S. Department of... Enterprise (NACMBE) will hold its third meeting to discuss the work of the three subcommittees and... Minority Business Enterprises (MBEs) and MBDA's role, (2) Creation of an MBE Forum, and (3) Strategic...

Job Creation by Firms in Denmark

DEFF Research Database (Denmark)

Ibsen, Rikke Falkner; Westergård-Nielsen, Niels

-offs and mergers. The analysis will make it possible to differentiate between net and gross creation of jobs because we can follow each single individual in and out of jobs. We have for Denmark found that size on its own does not have a big impact, but young firms are much more likely to contribute to a positive...... growth. For the U.S. it has been found that the growth in jobs comes from small businesses. A closer analysis though shows that the main factor here is the firm age. Thus, it is found that young firms net create the most jobs, but they are also responsible for the most job destructions.......In this paper we will look at job creation and destruction in firms. We will answer the question if it is the large companies that create jobs, while the smaller companies are contributing much less. Or is it the young companies that create jobs? And who destroys the most jobs? In the crisis...

DEVELOPING ONLINE CO-CREATION INSTRUMENTS BASED ON A FOCUS GROUP APPROACH: THE E-PICUS CASE

Directory of Open Access Journals (Sweden)

ALEXA Lidia

2016-09-01

Full Text Available The current business environment is in constant change, characterized by increased competition and in order to remain relevant and to create products and services that respond better to the customers’ needs and expectations, companies need to become more innovative and proactive. To address the competitive challenges, more and more companies are using innovation co-creation where all the relevant stakeholders are participating across the value chain, from idea generation, selection, development and eventually, even to marketing the new products or services.The paper presents the process of developing an online cocreation. The platform, within the framework of a research project, underlying the importance of using a focus group approach for requirements elicitation in IT instruments development.

The Shifting Source of New Business Establishments and New Jobs

OpenAIRE

Hathaway, Ian; Schweitzer, Mark E.; Shane, Scott

2014-01-01

As markets and business patterns change, new business establishments are created to serve them. Those new establishments can be provided by entrepreneurs creating new firms or by the owners of existing businesses opening new locations. We show that over the past three decades, new establishments have increasingly been provided by existing businesses opening new locations. Those new locations have created jobs at a higher rate than brand-new firms, which helps to boost job creation. Looking at...

77 FR 68734 - Meeting of the National Advisory Council on Minority Business Enterprise

Science.gov (United States)

2012-11-16

... recommendations from the private sector on a broad range of policy issues that affect minority businesses and... include: (1) Definition of Minority Business Enterprises (MBEs) and MBDA's role, (2) Creation of an MBE...

Using ePortfolio-Based Learning Approach to Facilitate Knowledge Sharing and Creation among College Students

Science.gov (United States)

Chang, Chi-Cheng; Chou, Pao-Nan; Liang, Chaoyan

2018-01-01

The purpose of the present study was to examine the effects of the ePortfolio-based learning approach (ePBLA) on knowledge sharing and creation with 92 college students majoring in electrical engineering as the participants. Multivariate analysis of covariance (MANCOVA) with a covariance of pretest on knowledge sharing and creation was conducted…

Business models of transnational entrepreneurs

DEFF Research Database (Denmark)

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 business...... that there is a need for more empirical evidence with systematic samplings of relevant cases, in particular within the context of emerging economies. Second, to the best of our knowledge no research on business model creation and innovation from the perspective of transnational entrepreneur ship has yet been...... undertaken. Our investigation however indicates that transnational entrepreneurs operating in emerging economies engage in different forms of business model innovation and thus contribute in significant ways to economic development. In so far, our study opens up a new avenue of research....

New global ICT-based business models

DEFF Research Database (Denmark)

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 ...... The 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....... The 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...

Value Creation Logics and Internationalization of Service Firms

DEFF Research Database (Denmark)

Ørberg Jensen, Peter D.; Petersen, Bent

2014-01-01

While mainstream theories in international business and management are founded either explicitly or implicitly on studies of manufacturing firms, prior attempts to develop theory on the internationalization of service firms are sparse and have yet to establish solid and comprehensive frameworks...... on a thorough understanding of the fundamental nature of these firms. We put forward ten propositions concerning the pace of internationalization in service firms and the dominant foreign operation modes. The use of value creation logics can be a useful complement to the conventional approaches to the study...... of service firms’ internationalization. However, the fact that most firms encompass more than one value creation logic complicates the use of firm databases and industry statistics. The study presents a novel theoretical approach and a set of propositions on service firm internationalization founded...

Matchmaking for business processes based on choreographies

NARCIS (Netherlands)

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

AUTOMATION OF CONTROL OF THE BUSINESS PROCESS OF PUBLISHING SCIENTIFIC JOURNALS

Directory of Open Access Journals (Sweden)

O. Yu. Sakaliuk

2016-09-01

Full Text Available We consider business process automation publishing scientific journals. It describes the focal point of publishing houses Odessa National Academy of Food Technology and the automation of business processes. A complex business process models publishing scientific journals. Analyzed organizational structure of Coordinating Centre of Scientific Journals' Publishing ONAFT structure and created its model. A process model simulation conducted business process notation eEPC and BPMN. Also held database design, creation of file structure and create AIS interface. Implemented interaction with the webcam. Justification feasibility of software development, and the definition of performance based on the results petal chart, it is safe to say that an automated way to much more efficient compared to manual mode. The developed software will accelerate the development of scientific periodicals ONAFT, which in turn improve the academy ratings at the global level, improve its image and credibility.

76 FR 42395 - Business Conduct Standards for Security-Based Swap Dealers and Major Security-Based Swap...

Science.gov (United States)

2011-07-18

... Business Conduct Standards for Security-Based Swap Dealers and Major Security-Based Swap Participants...-11] RIN 3235-AL10 Business Conduct Standards for Security-Based Swap Dealers and Major Security-Based...'') relating to external business conduct standards for security-based swap dealers (``SBS Dealers'') and major...

Business Model Discovery by Technology Entrepreneurs

Directory of Open Access Journals (Sweden)

Steven Muegge

2012-04-01

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.

Developing R&D Portfolio Business Validity Simulation Model and System

Directory of Open Access Journals (Sweden)

Hyun Jin Yeo

2015-01-01

Full Text Available The R&D has been recognized as critical method to take competitiveness by not only companies but also nations with its value creation such as patent value and new product. Therefore, R&D has been a decision maker’s burden in that it is hard to decide how much money to invest, how long time one should spend, and what technology to develop which means it accompanies resources such as budget, time, and manpower. Although there are diverse researches about R&D evaluation, business factors are not concerned enough because almost all previous studies are technology oriented evaluation with one R&D technology based. In that, we early proposed R&D business aspect evaluation model which consists of nine business model components. In this research, we develop a simulation model and system evaluating a company or industry’s R&D portfolio with business model point of view and clarify default and control parameters to facilitate evaluator’s business validity work in each evaluation module by integrate to one screen.

Developing R&D Portfolio Business Validity Simulation Model and System

Science.gov (United States)

2015-01-01

The R&D has been recognized as critical method to take competitiveness by not only companies but also nations with its value creation such as patent value and new product. Therefore, R&D has been a decision maker's burden in that it is hard to decide how much money to invest, how long time one should spend, and what technology to develop which means it accompanies resources such as budget, time, and manpower. Although there are diverse researches about R&D evaluation, business factors are not concerned enough because almost all previous studies are technology oriented evaluation with one R&D technology based. In that, we early proposed R&D business aspect evaluation model which consists of nine business model components. In this research, we develop a simulation model and system evaluating a company or industry's R&D portfolio with business model point of view and clarify default and control parameters to facilitate evaluator's business validity work in each evaluation module by integrate to one screen. PMID:25893209

Challenges to Designing Game-Based Business

DEFF Research Database (Denmark)

Henriksen, Thomas Duus

2014-01-01

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 establish......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 establishing game based business (GBB), the subsequent stages of development call for other kinds of competencies in order to become a viable GBB....

Small businesses and the Affordable Care Act of 2010.

Science.gov (United States)

Collins, Sara R; Davis, Karen; Nicholson, Jennifer L; Stremikis, Kristof

2010-09-01

The Patient Protection and Affordable Care Act (ACA) includes several short- and long-term provisions designed to help small businesses pay for and maintain health insurance for their workers, and to allow workers without employer coverage to gain access to affordable, comprehensive health insurance. Provisions include a small business tax credit to offset premium costs for firms that offer coverage starting this taxable year, establishment of state-based insurance exchanges that promise to lower administrative costs and pool risk more broadly, and creation of new market rules and an essential benefit standard to protect small firms and their workers. Analysis shows that up to 16.6 million workers are in firms that would be eligible for the tax credit in 2010 to 2013. Over the next 10 years, small businesses and organizations could receive an estimated $40 billion in federal support through the premium credit program.

A New Dimension of Business Intelligence: Location-based Intelligence

OpenAIRE

Zeljko Panian

2012-01-01

Through the course of this paper we define Locationbased Intelligence (LBI) which is outgrowing from process of amalgamation of geolocation and Business Intelligence. Amalgamating geolocation with traditional Business Intelligence (BI) results in a new dimension of BI named Location-based Intelligence. LBI is defined as leveraging unified location information for business intelligence. Collectively, enterprises can transform location data into business intelligence applic...

Business plan Production of potato crisps and chips Zambezi Valley, Mozambique

NARCIS (Netherlands)

Haverkort, A.J.; Saavedra Gonzalez, Y.R.

2015-01-01

This business plan has been prepared for local entrepreneurs who would like to expand/start their business portfolio and are looking for an opportunity of investment in the agricultural sector in the Zambezi Valley in Mozambique. We propose the creation of two small-scale processing industries (can

Sbírka řešených příkladů pro výuku Business Intelligence pro studenty EF

OpenAIRE

KOZUBKOVÁ, Miroslava

2016-01-01

The subject of the diploma thesis titled, "Collection of Solved Problems of Business Intelligence for Students of the Faculty of Economics" is a creation and description of a series of solved problems of Business Intelligence. The theoretical part is focused on basic terms associated with Business Intelligence. In the practical part, there is showed the usage of MS SQL Server and MS Server Data Tools for creation different parts of the Business Intelligence process.

Advancement of Marketing Developing Biotechnology-Based Business

Directory of Open Access Journals (Sweden)

Vaidas Vilmantas

2014-09-01

Full Text Available 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 regard to modelling user’s behaviour, improvement in marketing strategy for the company, the correction of the elements of the marketing complex, changes in the marketing conception inside the company, product and service differentiation and renewal, the encouragement of expansion into other markets, variations in or the expansion of the target market, alternatives to the positioning strategy for the company, an increase in competitive ability and an internal impact of marketing on the varying elements. The article has referred to the analysis of scientific literature and research on the opinions of consumers and experts in the field in the context of biotechnology­based businesses.

Competency-Based Business Degree. Issue Brief

Science.gov (United States)

Washington State Board for Community and Technical Colleges, 2014

2014-01-01

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.

'Ethos' Enabling Organisational Knowledge Creation

Science.gov (United States)

Matsudaira, Yoshito

This paper examines knowledge creation in relation to improvements on the production line in the manufacturing department of Nissan Motor Company and aims to clarify embodied knowledge observed in the actions of organisational members who enable knowledge creation will be clarified. For that purpose, this study adopts an approach that adds a first, second, and third-person's viewpoint to the theory of knowledge creation. Embodied knowledge, observed in the actions of organisational members who enable knowledge creation, is the continued practice of 'ethos' (in Greek) founded in Nissan Production Way as an ethical basis. Ethos is knowledge (intangible) assets for knowledge creating companies. Substantiated analysis classifies ethos into three categories: the individual, team and organisation. This indicates the precise actions of the organisational members in each category during the knowledge creation process. This research will be successful in its role of showing the indispensability of ethos - the new concept of knowledge assets, which enables knowledge creation -for future knowledge-based management in the knowledge society.

Brokerage-based value creation

DEFF Research Database (Denmark)

Gretzinger, Susanne; Leick, Birgit

2017-01-01

Purpose: Resource-dependence asymmetries and risks arising from network collaboration lead to benefits and challenges. The present paper studies this trade-off, highlighting both the need and the power of moderation and brokerage as appropriate tools for network managers to handle such conflicts....... inter-firm business networks is still an under-explored topic in management practice and research. By stressing the importance of brokerage as a tool to balance trade-offs asymmetrical networks, the case study contributes to this broad discussion.......Purpose: Resource-dependence asymmetries and risks arising from network collaboration lead to benefits and challenges. The present paper studies this trade-off, highlighting both the need and the power of moderation and brokerage as appropriate tools for network managers to handle such conflicts...... at the center of the case analysis. Findings: Network benefits stemming from asymmetrical resource-dependency constellations such as control and brokerage opportunities may not be sufficiently recognized by firms embedded in business networks. Such benefits may accrue owing to the central, unchallengeable...

Principles and Best Practices in Successful Tourism Business Incubators

Directory of Open Access Journals (Sweden)

Andreea F. Şchiopu

2015-02-01

Full Text Available The business incubators are entities that provide support to start-up companies, managing the obstacles faced by entrepreneurs and facilitating the hazardous process of business creation. This article aims to identify the existing views on best practices that can contribute to the achieving of business incubators’ objectives. Moreover, the present study investigates how the business incubators can ensure the success of tourism, with evidence grounded in both theory and case studies from around the world. In this paper, the authors have identified several types of incubators that could be used successfully for the benefit of start-ups in the tourism sector, such as network incubators, incubators in ecotourism or nature-based incubators. The authors also propose a new perspective on best practices in business incubation, emphasizing the role of the emotions that entrepreneurs have to cope with. Even though the studies in this area are still scarce, the authors strongly believe that this will be a topic highly discussed in the near future, given the fact that emotion and logical thought are intertwined, interacting in complex ways during problem solving, decision making, and other important forms of cognition that entrepreneurs use when pursuing their ventures.

Sustainable value creation through new industrial supply chains in apparel and fashion

Science.gov (United States)

Pal, R.; Sandberg, E.

2017-10-01

This paper explores the inter-organizational value creation, in apparel supply chain context, through circularity and digitalization for sustainability, by gathering evidences from vivid research experiences. It can be highlighted that inter-organizational value creation in both circular- and digital- apparel supply chains largely builds upon a variety of collaborative initiatives, and among a range of included members. Knowledge co-evolvement and business co-development, end-to-end integration and information transfer, and open networks are crucial to such collaborations - making development of new supply chain structures a meta-capability of apparel firms in the changing industrial landscape.

Ohio-Based NREL Subcontractor Wins Major Small Business Award

Science.gov (United States)

Ohio-Based NREL Subcontractor Wins Major Small Business Award For more information contact: e:mail alternative fuel vehicles has won a major award from the U.S. Small Business Administration (SBA). Automotive Testing Laboratories, Inc. (ATL) of East Liberty, Ohio was named the SBA's Midwest Regional Small Business

Leadership, organizational culture, knowledge productivity and value creation in four successful Korean companies: toward guidelines for people-oriented business leaders

NARCIS (Netherlands)

Kang, S.

2015-01-01

This study explores the relationships between leadership characteristics, organizational culture, knowledge productivity and value creation in leading Korean corporations. The empirical part of this study is based on the selection of four highly successful and leading companies, namely LG

Fresh Approaches to Business Process Modeling (Dagstuhl Seminar 16191)

OpenAIRE

Hull, Richard; Koschmider, Agnes; Reijers, Hajo A.; Wong, William

2016-01-01

Business Process Management (BPM) has significantly advanced and gained high popularity in industry. However, it remains an open issue why tools frequently are used for business process modeling that are not mainly implemented for this purpose. Often, macros for Microsoft Visio or Microsoft Excel form the first choice to capture the flow of business activities. One reason why these tools might be used is the low training effort and the fast creation of a quick model, which can be generated wi...

Supporting business opportunities for rural women in east and ...

International Development Research Centre (IDRC) Digital Library (Canada)

Women in Zimbabwe, Kenya, and Uganda experience disadvantages and ... through the development of business enterprises and decent job creation. ... partnerships with the private sector, especially around marketing and quality control.

An Excel-Aided Method for Teaching Calculus-Based Business Mathematics

Science.gov (United States)

Liang, Jiajuan; Martin, Linda

2008-01-01

Calculus-based business mathematics is a required quantitative course for undergraduate business students in most AACSB accredited schools or colleges of business. Many business students, however, have relatively weak mathematical background or even display math-phobia when presented with calculus problems. Because of the popularity of Excel, its…

Bringing the Best of Business to School Administration

OpenAIRE

De Filippis, Michael Antony

2015-01-01

The disciplines of business and school administration are recognized as distinct and separate in purpose, product, and operation. While fundamental differences do exist between the two, school administrators have a need for application of business principles in order to manage an educational institution. Schools are, at their foundation, organizations relying on effective management, budgeting, public relations, value creation, etc. Despite this need, school administrators often come from bac...

The Ethical Perceptions of Small Business Owners

OpenAIRE

Aydemir, Muzaffer

2006-01-01

This paper reports the findings of an investigation into the ethical perceptions of small business owner/managers. The study has been conducted in Northwest region of Turkey and is the first investigation of ethical perceptions in Turkey. More than 99 percent of the companies in Turkey are small businesses and they play a key role in driving sustainable economic growth and job creation. However, they remain the largely unexplored area of ethics. Most of the findings of this stu...

Value creation with life cycle assessment: an approach to contextualize the application of life cycle assessment in chemical companies to create sustainable value

NARCIS (Netherlands)

Manda, B.M. Krishna; Bosch, Henk; Karanam, Sreepadaraj; Beers, Heidi; Bosman, Harrie; Rietveld, Eelco; Worrell, Ernst; Patel, Martin K.

2016-01-01

Businesses have a responsibility to shareholders and other stakeholders. By establishing a direct link between sustainability and shareholder value, businesses can successfully include sustainability considerations in managerial decisions and create sustainable value. The value creation

Shared Value Creation and Crowdfunding in Brazil

Directory of Open Access Journals (Sweden)

Israel José dos Santos Felipe

2017-05-01

Full Text Available Objective. Approaching the theory of creating shared value (Porter & Kramer, 2011 with the basic social elements of crowdfunding in Brazil. The idea was to explore the complementarity of the concepts governing the CF in line with the theory of Porter and Kramer. Through literature review and empirical discussion is intended to answer two central questions regarding the theme developed in this essay: i which elements of the theory of creating shared value are found in crowdfunding? ii how occurs the creation of shared value in business developed in crowdfunding platforms?Methodology. Theoretical Essay.Findings.  It is possible to make a theoretical approach of the themes studied in this trial, as we take the social and financial perspective of crowdfunding and their relationships with the creation of value for the company and investors.Originality. So far, was not found another study that addressed the themes of this essay in Brazil.

Core Business Selection Based on Ant Colony Clustering Algorithm

Directory of Open Access Journals (Sweden)

Yu Lan

2014-01-01

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.

New business models for electric cars-A holistic approach

International Nuclear Information System (INIS)

Kley, Fabian; Lerch, Christian; Dallinger, David

2011-01-01

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.

Cross-Sector Partnerships and the Co-creation of Dynamic Capabilities for Stakeholder Orientation

NARCIS (Netherlands)

Dentoni, D.; Bitzer, V.C.; Pascucci, S.

2016-01-01

This paper explores the relationship between business experience in cross-sector partnerships (CSPs) and the co-creation of what we refer to as ‘dynamic capabilities for stakeholder orientation,’ consisting of the four dimensions of (1) sensing, (2) interacting with, (3) learning from and (4)

Small and medium sized wine producers dealing with business to business e-commerce: Towards a relational model for enhancing value (co- creation

Directory of Open Access Journals (Sweden)

Saba Andrea

2017-01-01

Full Text Available The internet has produced a forward-looking shift in the way we communicate, think and run economic activities around the globe. The revolution in Information and Communication Technology (ICT has generated an innovating process in the agri-food sector that is far from being unwind. The wine industry is a case in point. Indeed, the industry has attempted to address the multifaceted challenges posed by electronic commerce since always. Business to business electronic commerce has been slower to develop than its counterpart, i.e. business to consumer E-commerce. However business to business e-commerce is starting to attract an increased interest, by showing a significant business value in terms of potential. Against this background, the slow development of B2B e-commerce has been linked to regulatory and economic reasons. In order to deal with such stumbling blocks, the paper suggests a shift towards an open platform that is aimed at facilitating transactions and interactions among businesses through a continuous problem-solving process in which trust and value is co-created by producers and customers through relational contracting.

Gender and the Business Environment for New Firm Creation

OpenAIRE

Leora F. Klapper; Simon C. Parker

2011-01-01

The authors summarize the extant literature on the relationship between gender and entrepreneurship. They note significant quantitative gender differences in business entry, with male-owned firms heavily prevailing over firms owned by women in many parts of the world. They find that enterprises owned by men on the one hand and women on the other are generally concentrated in different sectors, women entrepreneurs being better represented in labor intensive sectors such as trade and services r...

76 FR 7153 - Secretarial Business Development Mission; Transportation Infrastructure/Multimodal Products and...

Science.gov (United States)

2011-02-09

... jobs. This mission will support job creation by increasing exports of products and services that... yet done business in Qatar or the U.A.E. to enter these markets in support of job creation in the... before June 4, 2011. June 4 Doha, Qatar. Orientation. Market Briefing by U.S. Embassy Officials. Welcome...

Skill Variety, Innovation and New Business Formation

NARCIS (Netherlands)

S.J.A. Hessels (Jolanda); U. Brixy (Udo); W.A. Naudé (Wim); T. Gries (Thomas)

2014-01-01

markdownabstract__Abstract__ We extend Lazear’s theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical framework linking new business creation with an entrepreneur’s skill variety. Second, in this model we allow for both generalists and specialists to

THE MODELS OF STRATEGIC MANAGEMENT OF INFOCOMM BUSINESS

Directory of Open Access Journals (Sweden)

M. A. Lyashenko

2015-01-01

Full Text Available Consideration subject in this article are models of strategic management of large transnational information and communication business. The purpose of the presented work consists in formation of ideas of model of strategic management on the example of infocommunication business. For achievement of a goal the author of article carries out the analysis and synthesis of the existing practice of strategic management in infocommunication business. For achievement of a goal, as methodological base, the systems and logical analysis was selected. In water part of article the interrelation of a computerization of basic functions of a business management, by public and public institutions, growth of the enterprises of the information and communication sphere and formation of a pool of specially prepared labor with development of practice of a strategation is presented. In the main part of article practice of the organization of strategic management of infocommunication business in three leading fi rms of this branch of Microsoft, Dell, Intel is considered. Consideration is directly coordinated to evolution of the infocommunication branch defi ning regularities of strategic management. The model strategic management in the Microsoft company conceptually corresponds to strategy of growth and includes three elements: representation, participation and innovations. At the heart of model of strategic management of Intel there are two elements: fi rst, deduction of leader positions in the of a segment by means of development, productions and sales of the most eff ective and available goods at the price, secondly, is maximizing use value of the fi nal product of the company. Generally the model of strategic management of Dell includes three basic elements: development and use of the latest technologies, high quality of goods, eff ective interrelation in a value creation chain. As result of the experiment of strategic management of large information

Public Value Creation Enabled by Healthcare IS Projects – a resource-based-view

DEFF Research Database (Denmark)

Schlichter, Bjarne Rerup; Svejvig, Per; Laursen, Markus

Creation of value from IT projects is a recurring theme that has diffused into healthcare information sys-tems (HIS). By applying a resource-based-view on findings from a study on the optimisation project of an integrated health information system (HIS) we develop a framework of capabilities needed...... in a public HIS setting to create value. The framework consists of Professional- , Organisational-, Patient Perceived- and Employee Perceived-Value dimensions. HIS is partly overlooked in the public management literature and the aspect of emergence and (personal as well as organisational) learning plays...... an important role in the creation value in HIS-projects....

Innovation and Business Model: a case study about integration of Innovation Funnel and Business Model Canvas

Directory of Open Access Journals (Sweden)

Fábio Luiz Zandoval Bonazzi

2014-12-01

Full Text Available Unlike the past, currently, thinking about innovation refers to a reflection of value cocreation through strategic alliances, customer approach and adoption of different business models. Thus, this study analyzed and described the innovation process of company DSM, connecting it to concepts of organizational development strategies and the theory of business model. This is a basic interpretive qualitative research, developed by means of a single case study conducted through interviews and documentary analysis. This study enabled us to categorize the company business model as an open, unbundled and innovative model, which makes innovation a dependent variable of this internal configuration of value creation and value capture. As a theoretical contribution, we highlight the convergence and complementarity of the “Business Model Canvas” tool and “Innovation Funnel,” used here, to analyze the empirical case.

Innovation based on value co-creation: An alternative for Brazilian wine?

Directory of Open Access Journals (Sweden)

Borges Martiele Cortes

2016-01-01

Full Text Available The Brazilian wine industry has been facing obstacles such as competition and high tax rates. Innovation is an alternative towards this scenario being it a major factor for any company's survival and growth in the market. Besides this, technological advances and access to information provide consumers with a larger number of choices and knowledge for an informed decision making. Despite differentiation efforts consumers did not obtain satisfaction. Customer interaction provides another way to generate innovation from its involvement in the production process (co-creation of value. The research was held in an awarded winery located in Bento Gonçalves (Brazil with the objective of understanding how the process of value co-creation between Brazilian award-winning wineries and consumers influences innovation generation. It is an exploratory and qualitative study collected through in-depth interviews with a semi-structured script. The winery identifies beneficial effects in the production process resulting from interactions because it narrows the bond with the consumer creating a better understanding of the consumers as well as develop a more tailored offer regarding value. The innovations generated based on co-creation can be taken as an alternative to imposed barriers in the current Brazilian wine sector.

Value Co-creation in the Interface Between City Logistics Provider and In-store Processes

DEFF Research Database (Denmark)

Gammelgaard, Britta; Bech Godskesen Andersen, Christina; Aastrup, Jesper

2016-01-01

This paper develops a framework for understanding how city logistics service co-creates value with users. The users’ perspective in city logistics research is limited, and value added services are rarely emphasized. The framework developed is based on literature on value in business markets, and in......-store processes. Two case stores and their use of city logistics demonstrate how value is co-created when changes in delivery patterns and value added services affect especially the use of store employees. Further, we show that there is a barrier to the co-creation of value when services get close to core...

Open Innovation and Business Model: A Brazilian Company Case Study

Directory of Open Access Journals (Sweden)

Elzo Alves Aranha

2015-12-01

Full Text Available Open Innovation is increasingly being introduced in international and national organizations for the creation of value. Open innovation is a practical tool, requiring new strategies and decisions from managers for the exploitation of innovative activities. The basic question that this study seeks to answer is linked to the practice of open innovation in connection with the open business model geared towards the creation of value in a Brazilian company. This paper aims to present a case study that illustrates how open innovation offers resources to change the open business model in order to create value for the Brazilian company. The case study method of a company in the sector of pharma-chemical products was used. The results indicate that internal sources of knowledge, external sources of knowledge and accentuate working partnerships were adopted by company as strategies to offer resources to change the open business model in order to create value.

DEVELOPING A TECHNOLOGY-BASED BUSINESS STRATEGY FOR THE INTERNATIONAL BUSINESS OF TELKOM SA

OpenAIRE

M. John; A.J. Buys

2012-01-01

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 stra...

A Comparative Analysis of Curriculum in International Marketing and Business between Peruvian and Guatemalan University Students

Science.gov (United States)

Pestonjee, Daanish D.; Spillan, John E.; Song, Hongwei; Virzi, Nicholas D.

2010-01-01

Business education is important for economic development. A skilled workforce allows for greater advancements in productivity, the creation of new business opportunities, increased employment, and enhances the quality of life of the citizenry. With the changing international business environment it is important for academics and practitioners…

Why business unit controllers create budget slack: Involvement in management, social pressure, and Machiavellianism

NARCIS (Netherlands)

Hartmann, F.G.H.; Maas, V.S.

2010-01-01

This paper investigates business unit (BU) controllers’ inclination to engage in the creation of budgetary slack. In particular, we explore whether controllers who are involved in BU decision making are more susceptible to social pressure to engage in slack creation than controllers who are not. We

Entrepreneurial Inclination Among Business Students: A Malaysian Study

Directory of Open Access Journals (Sweden)

Yet-Mee Lim

2012-10-01

Full Text Available Entrepreneurship has been the fundamental topics of discussion among the politicians, economists, and academics. Business creation is especially critical in developing countries to stimulate economic growth. The present study attempts to examine entrepreneurial inclination among students who are a potential source of entrepreneurs. The fi ndings of the present research study indicate that majority of our business students are not entrepreneurial-inclined. They do not seem to possess strong entrepreneurial characteristics and entrepreneurial skills, and they are not keen in starting a new business. The roles of higher institutes of education and the government in promoting entrepreneurship are discussed.

Value Appropriation in Business Exchange

DEFF Research Database (Denmark)

Ellegaard, Chris; Medlin, Christopher J.; Geersbro, Jens

2014-01-01

value creation. Originality/value – To the authors’ knowledge, this paper represents the first attempt at reviewing the management literature on value appropriation in business exchange. The authors provide overview, details, comparisons, and frame a research agenda as a first step towards establishing......Purpose – Value appropriation is a central, yet neglected aspect in business exchange research. The purpose of the paper is to generate an overview of research on active value appropriation in business exchange and provide the foundation for further research into value appropriation, as well...... as some initial guidance for managers. Design/methodology/approach – Literatures investigating value appropriation were identified by the means of a systematic review of the overall management literature. Findings – The authors provide an overview and comparison of the literatures and find that they apply...

Business Models for NFC based mobile payments

OpenAIRE

Johannes Sang Un Chae; Jonas Hedman

2015-01-01

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 experienc...

The Creation and Development of Innovative Infrastructure in the Danube Countries

Directory of Open Access Journals (Sweden)

Liudmila Rosca-Sadurschi

2014-08-01

Full Text Available Entrepreneurship development is supported by a developed infrastructure or innovative infrastructure. The purpose of the business infrastructure is to create favorable conditions for its development by providing support in various areas, complete and targeted to businesses. Training system infrastructure provides creation and development of innovation infrastructure objects. Thus, this article will conduct a comparative analysis of the elements of innovation infrastructure and how their development in different countries. Innovation infrastructure elements analyzed are: information infrastructure refers to access to information; Financial infrastructure refers to financial resources; infrastructure, staff training (qualified staff; material and technical infrastructure; infrastructure consulting (expert consultation; marketing infrastructure.

Risk Prevention Strategies and the SWOT Analysis for the Implementation of the SMEs’ Business Plan

OpenAIRE

Ionica Oncioiu

2014-01-01

This theme is targeting the importance of implementing the business plan of a small and medium company that has as aim the creation of the added value through research and innovation in the management of human resources performance based on information technology domain. The objective is to increase the economic competitiveness and development of knowledge-based economy whereas by the implementation of the project, it increases the company‟s profitability, creating a competitiv...

Big data reduction framework for value creation in sustainable enterprises

OpenAIRE

Rehman, Muhammad Habib ur; Chang, Victor; Batool, Aisha; Teh, Ying Wah

2016-01-01

Value creation is a major sustainability factor for enterprises, in addition to profit maximization and revenue generation. Modern enterprises collect big data from various inbound and outbound data sources. The inbound data sources handle data generated from the results of business operations, such as manufacturing, supply chain management, marketing, and human resource management, among others. Outbound data sources handle customer-generated data which are acquired directly or indirectly fr...

Business Ethics of Tour Operators – The Case Study of TUI

OpenAIRE

Marija Šuleić; Aleksandra Dragin; Vanja Dragićević

2014-01-01

A large number of participants in tourism, both in offer and in demand, has conditioned the need for the creation ethical codices based on legislative regulations and moral principles. Among central figures in tourism, there are travel agencies and tour operators, the intermediaries between service providers and service users, in other words, passengers. The tour operators who are engaged in initiating tourism provide the services on foreign markets and tend to adapt their business to the law...

Disaster Recovery Planning as part of Business Continuity Management

OpenAIRE

Pinta, Jan

2011-01-01

Nowadays, a well functioning ICT infrastructure belongs to the most critical factors of companies across all branches of business. An importance of ensuring the continued operation of information systems, or the rapid recovery of the systems in the case of emergency, has increased. These needs require creating business continuity management plan and disaster recovery planning. This paper describes the creation of emergency and recovery plans and setting recovery objectives significantly affec...

HTGR technology economic/ business analysis and trade studies impacts. Impacts of HTGR commericialization on the U.S. economy

Energy Technology Data Exchange (ETDEWEB)

Silady, Fred [Technology Insights, Marlborough, MA (United States)

2013-12-07

The approach to this task was to initially review the 2012 Business Plan and supporting analyses for the above impacts. With that understanding as a base, the Business Plan impacts are updated in terms of the GDP and job creation as a result of additional studies and inputs such as the revised market assessment from Task 1.1. For the impacts on U.S. competitiveness, the NGNP Industry Alliance team members have been utilized to provide inputs on supplier infrastructure development and on vendor capability.

BUSINESS ECOSYSTEMS VS BUSINESS DIGITAL ECOSYSTEMS

Directory of Open Access Journals (Sweden)

Marinela Lazarica

2006-05-01

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.

Knowledge Outflows from Foreign Subsidiaries and the Tension Between Knowledge Creation and Knowledge Protection

DEFF Research Database (Denmark)

Perri, Alessandra; Andersson, Ulf

2014-01-01

This paper analyzes the MNC subsidiaries' trade-off between the need for knowledge creation and the need for knowledge protection, and relates it to the extent of knowledge outflows generated within the host location. Combining research in International Business with Social Theory, we build a con...

Family Business in the Czech Republic: Actual Situation

Directory of Open Access Journals (Sweden)

Anastasia PETLINA

2015-09-01

Full Text Available Purpose of the article: The purpose of this paper is to define the actual situation of family business on the market, particularly focused on qualities of family business and its strengths or weaknesses. The object of research is the family business as an economical phenomenon. The study includes two subjects: firstly, to find out a specification of the family business, to analyze family ties within the business in accordance with the laws of the Czech Republic or to find out the current economic situation in family business and, secondly, to identify the features of family business as well as the difficulties faced thereby, lying in a base of two main components, namely the family system and the same of entrepreneurship. Methodology/methods: The article was prepared on the basis of general theoretical scientific methods, particularly on those of analysis, synthesis, analogy, comparison, generalization and deduction, or the method of expert estimates. For the analysis of the actual situation in big Czech family business enterprises, it was decided to use the secondary data of a top research-journal for this area, namely the Forbes.cz. In accordance with one of the paper goals, a SWOT analysis was applied to find out the basic strengths and weaknesses of family business. It was decided to verify the received information by interviewing several representatives of the family business in the Czech Republic. Scientific aim: The aim of scientific research is to improve the understanding of family business from the perspective of difficulties faced by family business and its economic perspectives. Findings: The results of this study have allowed the finding of a definition for the family business based on family ties and the laws of the Czech Republic. Another finding is that family business as a motor of the Czech economy has a real potencial for its development and it is able to enhance the Czech economy competitiveness on the world market. In

A Comparison of Business Cycles Synchronization in the Euro Area and Some Potential Monetary Unions

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Stanislav Kappel

2015-01-01

Full Text Available Synchronization of business cycle is one of the main criteria for creation of a monetary union. With increasing synchronization of business cycle, a probability of occurrence of demand and supply shocks, which are asymmetric, decreases. The aim of this contribution is to evaluate synchronicity of business cycle in the euro area and some potential monetary unions. There are MERCOSUR (i.e. Argentina, Brazil, Paraguay, Uruguay and Venezuela, NAFTA (Canada, Mexico and the United States of America. For this aim, correlation analysis and two indexes of cyclical components of GDP are used. The cyclical components of GDP are obtained due to the Hodrick-Prescott filter. The results indicate a high degree of business cycles synchronization among states of the euro area (especially in countries of so called core of the euro area and states of NAFTA. In opposite, a lower degree of business cycles synchronization was reached among states of MERCOSUR. According to the criterion of business cycle synchronization, NAFTA is more appropriate candidate than MERCOSUR for creation monetary area.

Is co-creation really a booster for brand equity? The role of co-creation in observer-based equity (OBBE)

NARCIS (Netherlands)

Kristal, Samuel; Baumgarth, Carsten; Behnke, Carolin; Henseler, Jörg

2016-01-01

Purpose This paper aims to analyse the general effect of co-created products on the brand equity of observers (OBBE). The influence of different implementations of the co-creation approach on the OBBE is tested. It is also discussed whether co-creation can be a strategic method for companies to

The Need for a Cooperative Paradigm to Meet Business' Key Microcomputer Training Requirements.

Science.gov (United States)

Hubbard, Gary R.

1985-01-01

The growing awareness and availability of business application software at small business prices and the creation of a unique national computer training consortium has motivated one community college district to promote more non-credit, short-term training opportunities in accounting software. Rationale for and development of these opportunities…

Business Incubation in Chile: Development, Financing and Financial Services

Directory of Open Access Journals (Sweden)

Aruna Chandra

2012-07-01

Full Text Available Business incubation in Chile is still in its nascent stages, with approximately 27 incubators supported primarily by a coalition of government and universities. Chilean business incubators tend to capitalize on regional resource strengths and have a strategic focus on high growth, high innovation, high impact businesses as a result of a government mandate to focus on developing business with high potential for economic development and job creation. The government’s efforts to create the framework conditions for entrepreneurship by investing in business incubators, organizing risk capital for early stage ventures to fill capital market gaps and support for angel networks as well as incubator funding are discussed. Policy implications for the continued growth of the incubation industry are provided.

Business model for sensor-based fall recognition systems.

Science.gov (United States)

Fachinger, Uwe; Schöpke, Birte

2014-01-01

AAL systems require, in addition to sophisticated and reliable technology, adequate business models for their launch and sustainable establishment. This paper presents the basic features of alternative business models for a sensor-based fall recognition system which was developed within the context of the "Lower Saxony Research Network Design of Environments for Ageing" (GAL). The models were developed parallel to the R&D process with successive adaptation and concretization. An overview of the basic features (i.e. nine partial models) of the business model is given and the mutual exclusive alternatives for each partial model are presented. The partial models are interconnected and the combinations of compatible alternatives lead to consistent alternative business models. However, in the current state, only initial concepts of alternative business models can be deduced. The next step will be to gather additional information to work out more detailed models.

Development of the businesses through the companies for market research

Directory of Open Access Journals (Sweden)

Agim Zuzaku

2015-03-01

Full Text Available Market research as the main part of the marketing is very important for the development of businesses as well as for the opportunity in the creation new jobs. The purpose of this paper is to provide the incentives for the businesses to conduct market research while justifying that the market research is an important factor in the decision making process of the businesses and it impacts the development of their business activities by creating a safe decision-making through market research. In order to convert successfully any business ideas with high capital incomes, it is important for the companies to understand and to determine the right value of their investment. For this particular reason, it is important to address the thesis about how the investment in the market research proves the usefulness or the profit for the company. Nowadays, the market research is not only conducted to gather the information about the market and the collection of data. However, very often it is used even to assist in the identification of the opportunities for the future (this has been referred several times as “market research” ‘to point out the difference from’ data collection’. Market research is priceless in the creation process of the new products, services, brands or advertisements (Keegan, 2009. In the case of Kosovo, market research has found very limited room within the strategies for business development. According to the Kosovo Statistics Agency, during 2013, a total of 9421 enterprises have been registered, whereas in total 1508 enterprises or 16 % of the enterprises registered in 2013 have closed (Kosovo Statistics Agency, 2014. In the framework of this research, we have performed a research with the companies that provide services for market research in order to find out how a market research in Kosovo is conducted and in case the number of market research is increased, how much would it impact the creation of new jobs.

Business Models for Successfully Maintaining Games for Health.

Science.gov (United States)

Baranowski, Moderator Tom; Isaac, Participants Fikry; Ashford, Chris; Goldman, Ron; Lenihan, David J; Poole, Brent; Buday, Richard; van Rijswijk, Jurriaan

2013-04-01

Videogames for health provide innovative, exciting, and possibly highly effective new media for helping players change their behaviors or otherwise benefit their health. Getting the right videogames into the hands of players who can benefit most in a way that pays for the continued innovation and creation of such games is a current challenge. Entertainment videogame companies, which create games primarily to enhance players' enjoyment, have used the general business marketplace (e.g., online stores, walk-in stores, app stores) to deliver their products directly to consumers and earn enough capital to invest in making new products. No one believes, however, that enough kids or adults would use the general business marketplace to purchase games for health in sufficient volume to provide the down payment for the innovation and creation of new games for health. A successful business model is critical to the financial future of games for health. We asked members of our Editorial Board who are in health-related companies (Fikry Isaac, MD, MPH), in several game development companies (Chris Ashford, Ron Goldman, David J. Lenihan, Brent Poole, and Richard Buday, FAIA), and the head of the Games for Health Europe Foundation (Jurriaan van Rijswijk, MSc) to address questions in a roundtable about the current and possible future business models for games for health.

A Proposal of B to B Collaboration Process Model based on a Concept of Service and its Application to Energy Saving Service Business

Science.gov (United States)

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.

Business Development in Interfirm Collaborations

DEFF Research Database (Denmark)

Peronard, Jean-Paul; Brix, Jacob

2017-01-01

Recent research has determined that new perspectives concerning business development and innovation are needed in the service network literature. In response, we propose a conceptual, theory-building study that sheds light on the following research question: ‘How can we mobilize actors in a service...... network and create ideas for interfirm collaborations that aspire to deliver business development and innovation?’. To answer this question, we build a new theory by introducing social creativity into the service network literature, which represents a new contextual arena. Our study’s key contribution...... is the creation of a normative theory of ‘social creativity in service networks’. The theory explains how to design and organize an event (or a series of events) in which service network actors can convene to create new ideas that stimulate business development and innovation....

Value Creation by Process-Oriented Project Management

NARCIS (Netherlands)

Geijtenbeek, W.; Eekelen, van A.L.M.; Kleine, A.J.; Favie, R.; Maas, G.J.; Milford, R.

2007-01-01

The start of a design process based on value creation requires a different approach and new models. The aim of this study is to provide insight into how a design process based on value creation can be initiated. The intended result of the study is the design of the of a collaboration model that can

Business Ethics of Tour Operators – The Case Study of TUI

Directory of Open Access Journals (Sweden)

Marija Šuleić

2014-10-01

Full Text Available A large number of participants in tourism, both in offer and in demand, has conditioned the need for the creation ethical codices based on legislative regulations and moral principles. Among central figures in tourism, there are travel agencies and tour operators, the intermediaries between service providers and service users, in other words, passengers. The tour operators who are engaged in initiating tourism provide the services on foreign markets and tend to adapt their business to the laws and customs of the countries in which they run a business. TUI, as a leading European tour operator, which has even its representation in Serbia, can be a good example of the implementation of its business codes of ethics, but also adapting to the business customs being valid in the country in which TUI operates. Because of this, the aim of this work was to examine under what ethical standards TUI operates in Serbia in the domain of different stakeholders. The results of the research can be useful for different stakeholders.

Family Business Training: A Canadian Perspective

Science.gov (United States)

Ibrahim, A. B.; Soufani, K.; Lam, Jose

2003-01-01

Family firms play an important role in the working of the Canadian economy; despite their importance to the economic activities and job creation it is observed that family businesses have lower survival rates than non-family firms, some argue that this can possibly be attributed (amongst other factors) to the lack of training. Most of the training…

Ontology-Based Information Extraction for Business Intelligence

Science.gov (United States)

Saggion, Horacio; Funk, Adam; Maynard, Diana; Bontcheva, Kalina

Business Intelligence (BI) requires the acquisition and aggregation of key pieces of knowledge from multiple sources in order to provide valuable information to customers or feed statistical BI models and tools. The massive amount of information available to business analysts makes information extraction and other natural language processing tools key enablers for the acquisition and use of that semantic information. We describe the application of ontology-based extraction and merging in the context of a practical e-business application for the EU MUSING Project where the goal is to gather international company intelligence and country/region information. The results of our experiments so far are very promising and we are now in the process of building a complete end-to-end solution.

41 CFR 105-53.130-4 - Office of Small and Disadvantaged Business Utilization.

Science.gov (United States)

2010-07-01

... Disadvantaged Business Utilization. 105-53.130-4 Section 105-53.130-4 Public Contracts and Property Management... ORGANIZATION AND FUNCTIONS Central Offices § 105-53.130-4 Office of Small and Disadvantaged Business Utilization. (a) Creation and authority. Public Law 95-507, October 14, 1978, an amendment to the Small...

Metamodeling for Business Model Design : Facilitating development and communication of Business Model Canvas (BMC) models with an OMG standards-based metamodel.

OpenAIRE

Hauksson, Hilmar

2013-01-01

Interest for business models and business modeling has increased rapidly since the mid-1990‘s and there are numerous approaches used to create business models. The business model concept has many definitions which can lead to confusion and slower progress in the research and development of business models. A business model ontology (BMO) was created in 2004 where the business model concept was conceptualized based on an analysis of existing literature. A few years later the Business Model Can...

Greening of Business Schools: A Systemic View

Science.gov (United States)

Jabbour, Charbel Jose Chiappetta

2010-01-01

Purpose: The purpose of this paper is to present a model for the analysis of business schools as creators, disseminators, and adopters of knowledge on environmental management. Design/methodology/approach: A review of the importance of higher education institutions for sustainability, and more specifically, about their relevance for the creation,…

Opportunizing: A classic grounded theory study on business and management

Directory of Open Access Journals (Sweden)

Ólavur Christiansen

2006-11-01

Full Text Available Opportunizing emerged as the core variable of this classic GT study on business and management. Opportunizing is the recurrent main concern that businesses have to continually resolve, and it explains how companies recurrently create, identify, seize or exploit situations to maintain their growth or survival. Opportunizing is the recurrent creation and re-creation of opportunities in business. Opportunizing is basically what business managers do and do all the time. The problematic nature of opportunizing is resolved by a core social process ofopportunizing and its attached sub-processes that account for change over time and for the variations of the problematic nature of its resolution.Opportunizing has five main facets. These are conditional befriending (confidence building & modifying behavior,prospecting (e.g. information gaining, weighing up (information appraisal & decision-making, moment capturing (quick intervention for seizing strategic opportunities, andconfiguration matching (adjusting the business organization to abet the other activities of opportunizing.On a more abstract level, opportunizing has three more organizational facets: the physically boundary-less, the valuehierarchical, and the physically bounded. The first of these called perpetual opportunizing. This emerges from the conjunction of conditional befriending and prospecting. The second facet is called triggering opportunizing. It arises from the coming together of weighing up and moment capturing. The final facet is called spasmodic opportunizing. This happens when moment capturing and configuration matching unite.

The hotel enterprise: a business system of project business on the tourism business market

OpenAIRE

Berc Radisic, Branka; Basan, Lorena

2007-01-01

As a business system, an enterprise represents a complex, dynamic, stochastic, open and organisational system. Certain specific features of a hotel enterprise as a business system of project business result from the activity it performs and from project-based business and development management. As an enterprise based on project business, its distinguishing features include the interconnectedness of business subsystems and the overlapping a hotel enterprise’s business function.

The Curriculum Improvement Project in Business Careers Programs: Business Manager, Officer Administrator, Real Estate Agent, Real Estate Broker.

Science.gov (United States)

College of the Mainland, Texas City, TX.

In 1987, the College of the Mainland undertook a project to update curricula in real estate, business management, and office technology. The project entailed a survey of the labor market to clarify personnel needs in selected fields; the use of the DACUM (Developing a Curriculum) process, which involved expert workers in the creation of task…

Research on Business Process Outsourcing | CRDI - Centre de ...

International Development Research Centre (IDRC) Digital Library (Canada)

The business process outsourcing (BPO) sector, worth over $130 billion worldwide, provides one of the greatest economic opportunities for wealth generation and employment creation open to a developing country. India, usually the first stop for western companies looking to increase profits by outsourcing some of their ...

Leveraging Effectual Means through Business Plan Competition Participation

Science.gov (United States)

Watson, Kayleigh; McGowan, Pauric; Smith, Paul

2015-01-01

This paper explores whether the business plan competition (BPC), as a classically causational mechanism for extracurricular entrepreneurship education, can facilitate the development of the means that underpin an effectual approach to new venture creation. In-depth, open-ended qualitative interviews were conducted with participants in a regional…

Indexing business processes based on annotated finite state automata

NARCIS (Netherlands)

Mahleko, B.; Wombacher, Andreas

The existing service discovery infrastructure with UDDI as the de facto standard, is limited in that it does not support more complex searching based on matching business processes. Two business processes match if they agree on their simple services, their processing order as well as any mandatory

Making Sense of Collective Events: The Co-creation of a Research-based Dance

Directory of Open Access Journals (Sweden)

Katherine M. Boydell

2011-01-01

Full Text Available A symbolic interaction (BLUMER, 1969; MEAD, 1934; PRUS, 1996; PRUS & GRILLS, 2003 approach was taken to study the collective event (PRUS, 1997 of creating a research-based dance on pathways to care in first episode psychosis. Viewing the co-creation of a research-based dance as collective activity attends to the processual aspects of an individual's experiences. It allowed us to study the process of the creation of the dance and its capacity to convert abstract research into concrete form and to produce generalizable abstract knowledge from the empirical research findings. Thus, through the techniques of movement, metaphor, voice-over, and music, the characterization of experience through dance was personal and generic, individual and collective, particular and trans-situational. The dance performance allowed us to address the visceral, emotional, and visual aspects of our research which are frequently invisible in traditional academia. URN: http://nbn-resolving.de/urn:nbn:de:0114-fqs110155

Creation of a Cell-Based Digital Cadastral Mapping System (Digital ...

African Journals Online (AJOL)

Digital cadastre enhances land transaction activities to be conducted in a business manner. Similarly, land subdivision or boundary redefinition, land registration and land marketing are achieved with better accuracy. This paper discusses the need to introduce a national Cell-Based Digital Cadastral Mapping System model ...

Service-Dominant Business Engineering with Base/X : Business Modeling Handbook

NARCIS (Netherlands)

Grefen, P.W.P.J.

2015-01-01

Many business domains are currently transitioning towards a service-dominant business setting. After the transition, business will be centered on the provisioning of solution-oriented, composed services to customers. The emphasis shifts from the value of the individual product or service to the

Quality of Business, Entrepreneurship Education and Business Start-up Intentions among Students in Serbia: Research Results

Directory of Open Access Journals (Sweden)

Dragan Živko Ćoćkalo

2013-11-01

Full Text Available This paper will present findings of a research conducted among students in the Republic of Serbia dealing with quality of business, entrepreneurship and business start-ups. Throughout a three year period the research has included 1990 examinees. The population is built on students from four universities and business schools directed towards business and management. The research has been conducted using a structured questionnaire. Among other, the research has shown that a number of examinees were not informed of the existence of financial incentives for starting a business. Interviewed students reported that they lack the knowledge of: the basics of entrepreneurship and small business, basic finance and accounting and foreign languages. In the opinion of students, the Republic of Serbia is currently no suitable environment that encourages youth to start their own businesses. The results of this research point out the fact that the state must have the key role in this sphere of Serbian market through a creation of certain documents whose aim is promoting the concept of the young as entrepreneurs. A research of this scope has so far not been conducted on the territory of the Republic of Serbia, and to the best of the authors’ knowledge not even in the West Balkans region.

Activity-based costing of canned and processed foods businesses in Thailand: effects on organizational development, business competitiveness and corporate success

OpenAIRE

Ussahawanitchakit,Phaprukbaramee

2017-01-01

This study aims at investigating the relationships among activity-based costing, organizational development, business competitiveness, and corporate success of canned and processed foods businesses in Thailand. In this study, 142 canned and processed foods businesses in Thailand are the samples of the study. Structural equation model (SEM) was employed to test the research relationships. The research results indicate that activity-based costing positively leads to organizational development a...

Book Review: The Changing Business Landscape of Romania

Directory of Open Access Journals (Sweden)

Ioan Plăiaş

2014-02-01

Full Text Available The transition of Romania’s economy from a centralized economic system to another one (such as the market economy did not take place instantly, when the political orientation changed since 1990. In addition to political will, this process also requires time to enable the creation of specific laws and establishments, the adaptation of people to the new system and the creation of a business environment appropriate to a market-regulated economy. Against this new backdrop, competition has heated up, the proper operation of organizations depends directly on their managers’ skill, and the rules of the game have changed radically by contrast with those of the centralized system wherein Romania’s economy operated before 1990. Consequently, it was necessary to implement a complete restructuring of the way in which businesses were being conducted. This required new competences, attitudes and know-how. The academic community also needed time and sustained effort to accustom itself to the western management system peculiar to the market economy.

E-Business Transformation: An Analysis Framework Based on Critical Organizational Dimensions

Institute of Scientific and Technical Information of China (English)

ZENG Qingfeng; CHEN Wenbo; HUANG Lihua

2008-01-01

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.

New business models for state companies in the oil industry

Directory of Open Access Journals (Sweden)

Tanţău Adrian D.

2016-09-01

Full Text Available In the scientific literature business models are defined as architecture of the value creation, profit formula, key processes and key resources. For the oil industry there is a need to develop new business models that have to describe the specificity of this industry and to take into consideration the new objectives after the global oil crisis. Although crude oil price has dropped dramatically since second quarter 2014, OPEC raised crude output to the its highest value in more than three years as it pressed on with a strategy to protect market share and pressure competing producers. The objective of this article is to identify and promote new business models for state companies in the oil industry. The research methodology is based on case studies that present and analyze the business models in two of the main oil producers Iran and Iraq, where the state companies are playing an important role in this industry. The subject is relevant because the business models for state companies in the oil industry have to be modified after the oil crisis and these are not real analysed in the scientific literature. Furthermore, the aspects discussed in the current article represent the main factors that will influence investment prospects of companies in the field in the next decade.

Strengthening Science-based Environmental Policy Development in ...

International Development Research Centre (IDRC) Digital Library (Canada)

Strengthening Science-based Environmental Policy Development in Burma's Democratic ... IDRC is providing funding to Simon Fraser University to support a network of ... The project will also encourage and assist in the creation of a business ...

Sustainability values for business: A perspective of value alignment in a supplier-client relationship for case Aqualogy

Directory of Open Access Journals (Sweden)

Carlos Humberto Hurtado Jaramillo

2018-02-01

Originality/value: The empirical study provides detailed insight into how the key decision-makers understand and perceive the sustainability value concept in the mainstream business. The alignment of their value perception shows to companies which sustainability values are expected in business, and how business strategy must use them as value creation drivers.

The total value equation: a suggested framework for understanding value creation in diagnostic radiology.

Science.gov (United States)

Heller, Richard E

2014-01-01

As a result of macroeconomic forces necessitating fundamental changes in health care delivery systems, value has become a popular term in the medical industry. Much has been written recently about the idea of value as it relates to health care services in general and the practice of radiology in particular. Of course, cost, value, and cost-effectiveness are not new topics of conversation in radiology. Not only is value one of the most frequently used and complex words in management, entire classes in business school are taught around the concept of understanding and maximizing value. But what is value, and when speaking of value creation strategies, what is it exactly that is meant? For the leader of a radiology department, either private or academic, value creation is a core function. This article provides a deeper examination of what value is, what drives value creation, and how practices and departments can evaluate their own value creation efficiencies. An equation, referred to as the Total Value Equation, is presented as a framework to assess value creation activities and strategies. Copyright © 2014 American College of Radiology. Published by Elsevier Inc. All rights reserved.

Mind the Gap - Building Profitable Community Based Businesses on the Internet

OpenAIRE

Krieger,Bernhard; Müller,Philipp

2001-01-01

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...

Application of Life Cycle Assessment for Corporate Sustainability : Integrating environmental sustainability in business for value creation

NARCIS (Netherlands)

Manda, B.M.K.

2014-01-01

The main objective of this research is to make a contribution to bridge the gap between sustainability science and business management by improving the integration of sustainability in core business of corporations. The core business of corporations is to provide products and services to meet

Changes in agri-business outcomes among the dairy beneficiaries ...

African Journals Online (AJOL)

This study compared changes in uptake of agri-business practices, productivity and wealth creation between dairy beneficiaries and non-beneficiaries of Contracted Extension Service Delivery Model (CESDM) implemented by Kenya Agricultural Productivity and Agribusiness Project (KAPAP) in selected counties of Kenya ...

Essays on Information Technology and Value Creation: Corporate Governance, Software Firm Acquisitions, and Entrepreneurial Signaling

Science.gov (United States)

Bandodkar, Nikhil Ramkrishna

2017-01-01

Value creation is often at the core of many organizational activities and is often reflected in the exploration and exploitation of opportunities to foster organizational growth. In modern organizations, information technology (IT) plays a significant role in creating business value and building substantial competitive advantage. While in the…

Conceptualising Business Models: Definitions, Frameworks and Classifications

Directory of Open Access Journals (Sweden)

Erwin Fielt

2013-12-01

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.

Monitoring Assertion-Based Business Processes

NARCIS (Netherlands)

Aiello, Marco; Lazovik, Alexander

2006-01-01

Business processes that span organizational borders describe the interaction between multiple parties working towards a common objective. They also express business rules that govern the behavior of the process and account for expressing changes reflecting new business objectives and new market

Charging Customers or Making Profit? Business Model Change in the Software Industry

Directory of Open Access Journals (Sweden)

Margit Malmmose Peyton

2014-08-01

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’.

A home-based clothing manufacturing: the owner and the business

African Journals Online (AJOL)

S Blignaut

home life. Women in home-based businesses are more flexible in managing ... and balancing their work and families (Alderman & .... business are important in determining its overall .... purpose of the study, to inspire a trusting relationship,.

The Contribution of Local Environments to Competence Creation in Multinational Enterprises

DEFF Research Database (Denmark)

Andersson, Ulf; Dellestrand, Henrik; Pedersen, Torben

2014-01-01

This paper examines the competence development of subsidiaries in multinational enterprises. We analyze how local subsidiary environments affect the development of technological and business competencies among other units in the multinational enterprise. We test our predictions using data from 2......,107 foreign-owned subsidiaries located in seven European countries, by means of structural equation modeling — namely, LISREL. By bringing the local environment to the fore, we contribute to the literature on the emergence and determinants of firm-specific advantages. We link local subsidiary environments...... throughout the organization. Thus, we contribute to an enhanced understanding of location as a determinant of the creation of units of competence and centers of excellence within multinational enterprises. In other words, we demonstrate that country-specific advantages are beneficial for competence creation...

Business Model Perusahaan Keluarga: Studi Kasus Pada Industri Batik

Directory of Open Access Journals (Sweden)

Achmad Sobirin

2014-07-01

Full Text Available AbstractThis paper was directed to review the existing busniness model of family firm within the contect of batik industry and propose a new one. Busniness model is conceived as the logic of doing business for value creation. Therefore business model is sometime understood as a construct, a mental model or a business paradigm, to be used as a guide on how to do every day’s business. Meanwhile, family firm, by definition is a firm in which the whole or majority of ownership is in the hand of family unit, managed by family members, and to be transferred to the next generation. Using a single case study that is Perusahaan Batik Bogavira – a family business enterprise producing and selling specifically batik Lampung, we identified that the existing business model of Perusahaan Batik Bogavira may potentially create cannibalism. Therefore we proposed a new business model configuration with the hope loyal buyers remain with the firm and at the same time firm can still maintain its growth.Keywords: business model, family firm, batik industry.Abstrak Paper ini membahas penerapan sebuah konsep yang relatif masih baru yaitu “business model” pada perusahaan keluarga yang bergerak di industry batik – Perusahaan Batik Bogavira yang memroduksi dan menjual batik khas Lampung. Tujuannya adalah untuk menelaah ulang business model berjalan sehingga bisa diketahui tingkat kecocokan business model tersebut dengan karakteristik bisnis dan lingkungannya, dan jika dianggap perlu mengusulkan business model baru yang lebih sesuai. Bahasan diawali dengan menelaah konsep business model dan perusahaan keluarga untuk mendapatkan gambaran tentang esensi kedua konsep tersebut. Secara umum business model adalah the logic of doing business for value creation sehingga business model sering disebut juga sebagai construct, mental model atau business paradigm yang menjadi panduan dalam menjalankan kegiatan bisnis. Sementara itu yang dimaksud dengan perusahaan keluarga

Do Small Businesses Create More Jobs? New Evidence for Europe

OpenAIRE

Jan de Kok; Gerrit de Wit

2013-01-01

In this paper we argue why, in our view, the so-called dynamic classification method should be favored when determining the contribution of small businesses towards job creation. First, it is the only method that consistently attributes job creation or loss to the size class in which it actually occurs. In addition, dynamic classification has two other advantages: (i) it is not vulnerable to the so-called regression to the mean bias and (ii) only a small number of aggregated data are required...

A STUDY ON INDIAN HIGHER EDUCATIONAL INSTITUTE BASED BUSINESS INCUBATORS

OpenAIRE

RANA BASU; DHRUBES BISWAS

2013-01-01

The purpose of this paper is to identify and explore the various range of business incubation services being provided to the nascent entrepreneurs which is based on comprehensive compilation and subsequent analysis of literature followed by case based approach in context to Indian higher educational institute (HEI) based business incubation centres. The objective behind this research is to critically assess the assistance services and to prioritize the service dimensions provided by the busin...

Entrepreneurial Inclination Among Business Students: A Malaysian Study

Directory of Open Access Journals (Sweden)

Yet-Mee Lim

2012-11-01

Full Text Available Normal 0 false false false IN X-NONE AR-SA MicrosoftInternetExplorer4 Entrepreneurship has been the fundamental topics of discussion among the politicians, economists, and academics. Business creation is especially critical in developing countries to stimulate economic growth. The present study attempts to examine entrepreneurial inclination among students who are a potential source of entrepreneurs. The fi ndings of the present research study indicate that majority of our business students are not entrepreneurial-inclined. They do not seem to possess strong entrepreneurial characteristics and entrepreneurial skills, and they are not keen in starting a new business. The roles of higher institutes of education and the government in promoting entrepreneurship are discussed.

BUSINESS AND EDUCATION: INNOVATION STRATEGIES

Directory of Open Access Journals (Sweden)

A. D. Yurasov

2017-01-01

Full Text Available The article is written by postgraduate students of the Sociological Department of the Lomonosov Moscow State University on the results of a general discussion of the possibilities of innovative development through the prism of related fields of knowledge. It reflects the urgency of studying the processes taking place in various institutions of society and causing innovative development. The publication discusses the features of the functioning and interaction between the social institutions of business and education in the context of innovative processes occurring in Russia (low conversion fundamental knowledge in innovation, the inability of young people to engage in science, the specialists outflow from the country, maintaining a balance between traditions and innovations in education, closure of complex industries, and others. The analysis of existing theories and examples of successful interaction between education and business organized to obtain innovative developments are presented (MSU Science Park and others.The data on innovative business models implemented in the countries of the world (Russia, China, Singapore, the United States and the features of their implementation (the possibility of start-up visas, the problems of protecting the rights of entrepreneurs and investors, the time of launching the project and the idea before production, empirical data on the outflow of specialists From Russia, which is considered as one of the consequences of the lack of innovative production in Russia. The authors proposed the possible directions of the organization of education and innovative business, based on the successful experience of foreign countries. The article considers marketing mechanisms as a way of communication between education, business and government institutions in the creation and implementation of innovative developments in Russia, the peculiarities of marketing in the innovative context, in particular, the key role of

Idioms-based Business Rule Extraction

NARCIS (Netherlands)

R Smit (Rob)

2011-01-01

htmlabstractThis thesis studies the extraction of embedded business rules, using the idioms of the used framework to identify them. Embedded business rules exist as source code in the software system and knowledge about them may get lost. Extraction of those business rules could make them accessible

Balancing the Tradeoff between Personal Fulfillment and Competitiveness in Venture Creation

OpenAIRE

Simon Halberstadt; Matthias G. Raith; Thomas Zomack

2009-01-01

The fascination of venture creation is associated with an entrepreneur’s opportunity of achieving personal fulfillment. In reality, however, many nascent entrepreneurs discover that much of their original vision is sacrificed in the process of creating a startup. In this paper we address the conflict between the entrepreneur’s fulfillment and the startup’s competitiveness from a negotiationanalytic perspective. We show how the nature of this conflict is transformed in the process of business ...

The Hugging Team: The Role of Technology in Business Networking Practices

DEFF Research Database (Denmark)

Thorsø Sørensen, Anne; Shklovski, Irina

2011-01-01

Technological devices for social networking are produced in droves and networking through media seems to be the way of getting ahead in business. We examine what role technology plays in the creation, development and maintenance of business relationships among entrepreneurs in Copenhagen. We find...... that mediated communication is useful in all stages of relational maintenance but only in a supportive role in relational development where co-presence and shared personal experiences take center-stage, generating trust necessary for business relationships to work. These trust-developing experiences take effort...

Firm age, business cycles and aggregate labor market dynamics

NARCIS (Netherlands)

Sedláček, P.

2011-01-01

Job creation and destruction rates fall with a firm's age, young businesses have higher exit rates, conditional on survival they grow faster and given their employment shares they create relatively more jobs than older firms. In fact, recent studies show that the well established negative

Technology Business Incubators as Engines of Growth: Towards a distinction between Technology Incubators and Non-Technology Incubators.

NARCIS (Netherlands)

Ratinho, Tiago; Harms, Rainer; Groen, Arend J.

2009-01-01

Business incubators are an increasingly popular tool for promoting job and wealth creation. Yet given the heterogeneity of incubation models, it is not always clear how incubators operate, what their main characteristics are and how can they best contribute to job and wealth creation. If technology

Technology business incubators as engines of growth: towards a distinction between technology incubators and non-technology incubators

NARCIS (Netherlands)

Ratinho, Tiago; Harms, Rainer; Groen, Arend J.; Langan Fox, Janice

2010-01-01

Business incubators are an increasingly popular tool for promoting job and wealth creation. Yet given the heterogeneity of incubation models, it is not always clear how incubators operate, what their main characteristics are and how can they best contribute to job and wealth creation. If technology

The Obstacles Facing Young Saudi Men and Women Getting jobs in Small Businesses Sector

Directory of Open Access Journals (Sweden)

Nayef Saleh Al-Ghamri

2016-05-01

Full Text Available Small businesses are considered the backbone of the national economy due to their role in creating job opportunities for young men and women who seek private sector employment. However, a series of obstacles face young Saudi male and female citizens in getting jobs in small businesses sector. The present research focuses on studies which discuss the definitions of small businesses and how they are related to the creation of employment opportunities for young men and women, their effect on improving young adults’ economic and social levels by boosting their morale and kindling their entrepreneurial spirit. The research also sets out the proposed mechanisms for the removal of obstacles faced by young small business would-be entrepreneurs. Furthermore, it endeavors to develop solutions, based on hypotheses and primary assumptions, which may contribute to a better understanding of the employment issue of Saudi young men and women. Solutions are set within a comprehensive strategy framework based on the integration and encouragement of young people to initiate small businesses, raise their standard of living, reduce the unemployment phenomenon and its consequences and repercussions which can result in domestic discord and moral degeneration– which may sometimes lead to misanthropy and suicide, as is the case in some societies such as Japan.

Business Value Is not only Dollars : Results from Case Study Research on Agile Software Projects

NARCIS (Netherlands)

Racheva, Z.; Daneva, Maia; Sikkel, Nicolaas; Buglione, Luigi; Ali Babar, M.; Vierimaa, Matias; Oivo, Markku

Business value is a key concept in agile software development. This paper presents results of a case study on how business value and its creation is perceived in the context of agile projects. Our overall conclusion is that the project participants almost never use an explicit and structured

Towards the drivers of value creation in the biogas industry : enablers and inhibiters in the Netherlands

NARCIS (Netherlands)

van der Burg, Robbert-Jan H.; D'Souza, Austin; Huitema, George. B.; Wortmann, J.C.

2014-01-01

The Dutch biogas industry is developing slowly and in many instances still unviable. Insights in the drivers of value creation may help to create viable biogas business networks. This research explores these related drivers and accordingly, proposes a new and comprehensive definition of a driver of

RATING CREATION FOR PROFESSIONAL EDUCATIONAL ORGANIZATIONS BASED ON THE ITEM RESPONSE THEORY

Directory of Open Access Journals (Sweden)

N. E. Erganova

2016-01-01

Full Text Available The aim of the investigation is to theoretically justify and describe approval of the measurement of the level of provision of educational services, education qualities and rating of vocational educational organizations.Methods. The fundamentals of methodology of the research conducted by authors are made by provisions of system approach; research on a schematization and modeling of pedagogical objects; the provision of the theory of measurement of latent variables. As the main methods of research the analysis, synthesis, the comparative analysis, statistical methods of processing of results of research are applied.Results. The paper gives a short comparative analysis of potentials of qualitative approach and strong points of the theory of latent variables in evaluating the quality of education and ratings of the investigated object. The technique of measurement of level of rendering educational services at creation of a rating of the professional educational organizations is stated.Scientific novelty. Pedagogical opportunities of the theory of measurement of latent variables are investigated; the principles of creation of ratings of the professional educational organizations are designated.Practical significance. The operational construct of the latent variable «quality of education» for the secondary professional education (SPE approved in the Perm Territory which can form base of formation of similar constructs for creation of a rating of the professional educational organizations in other regions is developed.

Money creation and financial instability: An agent-based credit network approach

OpenAIRE

Lengnick, Matthias; Krug, Sebastian; Wohltmann, Hans-Werner

2013-01-01

The authors develop a simple agent-based and stock flow consistent model of a monetary economy. Their model is well suited to explain money creation along the lines of mainstream theory. Additionally it uncovers a potential instability that follows from a maturity mismatch of assets and liabilities. The authors analyze the impact of interbank lending on the stability of the financial sector and find that an interbank market stabilizes the economy during normal times but amplifies systemic ins...

Teaching problem-solving competency in Business Studies at ...

African Journals Online (AJOL)

The high unemployment rate in South Africa compels potential entrepreneurs to start their own businesses in order to survive. Often this is ... set-up will not only result in enhanced entrepreneurial proficiency in school learners, but also contribute to an accelerated pace of economic growth and job creation in our country.

Industry Software Trustworthiness Criterion Research Based on Business Trustworthiness

Science.gov (United States)

Zhang, Jin; Liu, Jun-fei; Jiao, Hai-xing; Shen, Yi; Liu, Shu-yuan

To industry software Trustworthiness problem, an idea aiming to business to construct industry software trustworthiness criterion is proposed. Based on the triangle model of "trustworthy grade definition-trustworthy evidence model-trustworthy evaluating", the idea of business trustworthiness is incarnated from different aspects of trustworthy triangle model for special industry software, power producing management system (PPMS). Business trustworthiness is the center in the constructed industry trustworthy software criterion. Fusing the international standard and industry rules, the constructed trustworthy criterion strengthens the maneuverability and reliability. Quantitive evaluating method makes the evaluating results be intuitionistic and comparable.

On the Risk Management and Auditing of SOA Based Business Processes

Science.gov (United States)

Orriens, Bart; Heuvel, Willem-Jan V./D.; Papazoglou, Mike

SOA-enabled business processes stretch across many cooperating and coordinated systems, possibly crossing organizational boundaries, and technologies like XML and Web services are used for making system-to-system interactions commonplace. Business processes form the foundation for all organizations, and as such, are impacted by industry regulations. This requires organizations to review their business processes and ensure that they meet the compliance standards set forth in legislation. In this paper we sketch a SOA-based service risk management and auditing methodology including a compliance enforcement and verification system that assures verifiable business process compliance. This is done on the basis of a knowledge-based system that allows integration of internal control systems into business processes conform pre-defined compliance rules, monitor both the normal process behavior and those of the control systems during process execution, and log these behaviors to facilitate retrospective auditing.

Creation / accumulation city

NARCIS (Netherlands)

Doevendans, C.H.; Schram, A.L.

2005-01-01

A distinction between basic archetypes of urban form was made by Bruno Fortier: the accumulation city as opposed to the creation city. These archetypes derive from archaeology - being based on the Roman and the Egyptian city - but are interpreted as morphological paradigms, as a set of assumptions

Small business development for molecular diagnostics.

Science.gov (United States)

Anagostou, Anthanasia; Liotta, Lance A

2012-01-01

Molecular profiling, which is the application of molecular diagnostics technology to tissue and blood -specimens, is an integral element in the new era of molecular medicine and individualized therapy. Molecular diagnostics is a fertile ground for small business development because it can generate products that meet immediate demands in the health-care sector: (a) Detection of disease risk, or early-stage disease, with a higher specificity and sensitivity compared to previous testing methods, and (b) "Companion diagnostics" for stratifying patients to receive a treatment choice optimized to their individual disease. This chapter reviews the promise and challenges of business development in this field. Guidelines are provided for the creation of a business model and the generation of a marketing plan around a candidate molecular diagnostic product. Steps to commercialization are outlined using existing molecular diagnostics companies as learning examples.

Towards the development of a research methodology for studying the nature of value co-creation in internet-driven businesses

DEFF Research Database (Denmark)

Tanev, Stoyan

2009-01-01

building through the development and testing of hypotheses. It is important, therefore, to seek the development of a research methodology that would be able to combine the benefits of both qualitative and quantitative research approaches to studying the nature of value co-creation. The present paper...... of the different types of interactions between end users, the firm and the value network. Although very useful, such an approach misses the advantages of an empirically driven quantitative approach that would be able to benefit from larger size samples of firms and that could be more appropriate for theory...... suggests a way of how is this to be done by providing a first attempt to identify the main research steps of such methodology. It provides some preliminary results on the key components of value co-creation between firms and end uses or customers based on the application of web search and Principal...

Exploring the Nature and Implementation Process of User-Centric Business Models

DEFF Research Database (Denmark)

Hienerth, Christoph; Keinz, Peter; Lettl, Christopher

2011-01-01

Recent ICT advances have allowed companies to interact with external stakeholders, especially users, in more efficient and effective ways, with the result that more and more companies are striving to take advantage of these new opportunities and harness their users’ creative potential by integrat......Recent ICT advances have allowed companies to interact with external stakeholders, especially users, in more efficient and effective ways, with the result that more and more companies are striving to take advantage of these new opportunities and harness their users’ creative potential...... 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 outset - have clearly demonstrated the potential value of such approaches. However, introducing user-centric value creation processes...... at established companies is a complex task, requiring major adaptations to traditional manufacturer-centered business models. At present, little is known about how such companies can successfully implement user-centric business models: this article explores (1) the success factors for attracting and engaging...

Creationism in Europe

DEFF Research Database (Denmark)

For decades, the creationist movement was primarily situated in the United States. Then, in the 1970s, American creationists found their ideas welcomed abroad, first in Australia and New Zealand, then in Korea, India, South Africa, Brazil, and elsewhere—including Europe, where creationism plays...... an expanding role in public debates about science policy and school curricula. In this, the first comprehensive history of creationism in Europe, leading historians, philosophers, and scientists narrate the rise of—and response to—scientific creationism, creation science, intelligent design, and organized...... antievolutionism in countries and religions throughout Europe. Providing a unique map of creationism in Europe, the authors chart the surprising history of creationist activities and strategies there. Over the past forty years, creationism has spread swiftly among European Catholics, Protestants, Jews, Hindus...

77 FR 53769 - Receipts-Based, Small Business Size Standard; Confirmation of Effective Date

Science.gov (United States)

2012-09-04

... Flexibility Act of 1980, as amended. The NRC is increasing its receipts-based, small business size standard from $6.5 million to $7 million to conform to the standard set by the Small Business Administration...-Based, Small Business Size Standard; Confirmation of Effective Date AGENCY: Nuclear Regulatory...

Evaluating and implementing a deliberate creativity framework to enhance retail business performance / Sedick Arendse

OpenAIRE

Arendse, Sedick

2013-01-01

In the postmodern-day organisation, acknowledgement of the facts today is that the retail sector has changed dramatically over the past ten years. Boom periods, surplus shopping and good times have ended. We have entered an era of harsh changes, business collapse, mergers, acquisitions and turbulent competitive environments that demand a constant review of business structure, financial performance, business practices and value creation to provide any hope of the ability to trad...

Growing Local Value How to Build Business Partnerships That Strengthen Your Community

CERN Document Server

Hammel, Laury

2007-01-01

Hanna Andersson founder Gun Denhart and successful entrepreneur Laury Hammel show how every aspect of a business (from product creation to employee recruitment to vendor selection) holds the dual promise of bigger profits and a stronger local community. With practical tools and real-life examples of the best practitioners and techniques of values-driven business, "Growing Local Value" provides a framework for the full spectrum of ways in which a business can contribute to its community - and the benefits a company receives when it does so.

Teaching problem-solving competency in Business Studies at secondary school level

Directory of Open Access Journals (Sweden)

Aloe Meintjes

2015-08-01

Full Text Available The high unemployment rate in South Africa compels potential entrepreneurs to start their own businesses in order to survive. Often this is with little or no formal training or education in entrepreneurship. Since problem recognition and problem-solving are amongst the most crucial competencies required for a successful entrepreneurial career, this study aimed to determine whether the application of an extended curriculum with a strong focus on active learning in a business-simulated set-up will enhance this competency. The performance of a specific group of Grade 11 Business Studies learners in this study was measured, both before and after they had been exposed to such an extended curriculum in different experimental settings (intervention. Assessments were done qualitatively through observations and interviews, and quantitatively, by means of question-based scenarios. The findings revealed that the intervention enhanced learners' entrepreneurial competencies concerning problem recognition and problem-solving considerably. This also contributed to these learners' positive approach towards Business Studies. In this article, it is argued that practical exposure in a business-simulated set-up will not only result in enhanced entrepreneurial proficiency in school learners, but also contribute to an accelerated pace of economic growth and job creation in our country.

Exploration of digital entrepreneurship – online home based businesses through empirical analysis

OpenAIRE

Anwar, Naveed

2015-01-01

Digital entrepreneurship is a broad domain and includes businesses predominantly operating online, such as online retailers, portals, community sites and also businesses providing services to enable other businesses to operate online, such as web designers, platform providers and operators. This research focused online home based businesses on any stage of business development, for example start-up or grown, and focus on any aspect, such as raising finance, establishing networks or developing...

Implementace Business Intelligence v poradenské společnosti

OpenAIRE

Filka, Zdeněk

2010-01-01

The main aim of this thesis is the proposal and implementation of the support of decision making with the help of Business Intelligence tools in Audit CI, company limited providing economic and financial consultancy. Business Intelligence tools are applied at the creation of reports which company provides for its clients in terms of its services. On the basis of these reports subsequently suggests recommendations in the field of finance and intradepartmental management. The whole thesis is di...

Generating Explanations for Internet-based Business Games

Directory of Open Access Journals (Sweden)

Martin Fischer

2007-06-01

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.

Methodological approaches based on business rules

OpenAIRE

Anca Ioana ANDREESCU; Adina UTA

2008-01-01

Business rules and business processes are essential artifacts in defining the requirements of a software system. Business processes capture business behavior, while rules connect processes and thus control processes and business behavior. Traditionally, rules are scattered inside application code. This approach makes it very difficult to change rules and shorten the life cycle of the software system. Because rules change more quickly than the application itself, it is desirable to externalize...

ACCOUNTING RESPONSIBILITY FOR BUSINESS EVALUATION

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DORU CÎRNU

2015-12-01

Full Text Available In the world today the need for improvement the business management quality assumes significant change in organization and mode of business management. Establishing of appropriate level, structure and authority of business management depends in most cases on the size, number of employees, complexness of technological and business process, market position and other factors. Development of a business requires decentralization of operative functions. The decentralization of a business means the increase of operative activities control of greater number of managers in such a business. An important segment that so far was neither sufficiently applied in the romanian practice, not sufficiently treated is a system of responsibility. One of the aims of this research is also stimulation of more intensive activities on initiating the process of accounting modernisation. First of all, on the improvement and more rational legal accounting regulation and motivation of professional accountants organization for quicker development of contemporary accounting principles and standards in compliance with tendencies of the european environment. The known experiences just point to the necessity of more complex perception of place and role of the management accounting and within it of the system of accounting responsibility in preparing of business plans and buget, in creation of development and investment policy. Therefore, the system of accounting responsibility should eneble monitoring and control of actual operational activities of each part of decentralized business. The process of performance evaluation and accounting responsibility in a descentralized business organization represents a significant element of an internal control system and in that sense the emphasis was put on that fact in this paper.

Management control systems in small business transfers : a resource-based view

OpenAIRE

Länsiluoto, Aapo; Varamäki, Elina; Laitinen, Erkki K.; Viljamaa, Anmari; Tall, Juha

2016-01-01

This study investigates whether post-business transfer MCS development (PBTMCSD) is associated with post-business transfer success (PBTS) in small firms. The data for the study was collected in January 2012 as a web-based survey. The target group consisted of acquirers (both external buyers and family business successors) who had implemented a business transfer during 2006-2011 in Finland. A total of 178 questionnaires were sent out, and 67 responses were received. Regression analysis is used...

Value creation in the cloud: understanding business model factors affecting value of cloud computing

OpenAIRE

Morgan, Lorraine; Conboy, Kieran

2013-01-01

peer-reviewed Despite the rapid emergence of cloud technology, its prevalence and accessibility to all types of organizations and its potential to predominantly shift competitive landscapes by providing a new platform for creating and delivering business value, empirical research on the business value of cloud computing, and in particular how service providers create value for their customers, is quite limited. Of what little research exists to date, most focuses on technical issu...

Creating Value for Customer in Business Networks of High-Tech Goods Manufacturers

Directory of Open Access Journals (Sweden)

Joanna Wiechoczek

2016-01-01

Full Text Available The main paper goal is to recognize the category of value for customer with respect to high-tech products, and to propose a model of creation of this value in business networks established by manufacturers. The research methods include critical analysis of the literature, documentation method, as well as the case research method and observation method. The results of the research proved that the value offered to buyers is characterized by growing multidimensionality which results in increasing complexity of the creation process of this value by their manufacturers. Due to the fact that they do not have complex skills and resources to create the value independently, they form business networks. These networks include increasingly larger group of entities, in which the importance of individual cooperants is highly diversified.

Social Responsibility of Business: Strategy and Innovations

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G. N. Illina

2014-01-01

Full Text Available In this article social practicians of large Russian corporations, conditions of creation of social strategy by them are analyzed. The ambiguous treatment of the corporate social responsibility (CSR of subjects of interaction in system "business-society-state', a big range of economic, social, cultural problems which corporations need to consider at adoption of business solutions, is the soil for the conflict of interests and limits possibilities of development of business. New trends in practice of CSR of the Russian corporations concern change of character and essence of their social activity that reflects more adequate level of reflexivity business community of requirements of the changed society. Dynamics in approach of the Russian corporations to a choice of spheres of application of social investments, change of motivation of social and responsible behavior and interaction forms with authorities, public groups and movements is revealed. The most effective, from the point of view of business, model of interaction of business and the state is joint definition of priorities of social policy and those areas in which business can take active part. Large corporations start acting as initiators of dialogue and partner interaction with representatives of authorities and local communities, there are the social innovations initiated by business community and directed on increase of efficiency of social investments, development of social partnership and social business.

Understanding Event-based Business Networks

OpenAIRE

2008-01-01

Abstract This article deals with the temporality in business networks. Marketing as networks approach stresses interaction processes and interdependence among actors noting that business markets are mainly socially constructed. The approach has increased our understanding of business marketing but further attention for theory development and empirical validation is needed. Theoretical foundations of the approach are conceptually analysed here, taking time and timing into particular...

Nutrigenomics-based personalised nutritional advice: in search of a business model?

Science.gov (United States)

Ronteltap, Amber; van Trijp, Hans; Berezowska, Aleksandra; Goossens, Jo

2013-03-01

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.

Grove Medal Address - investing in the fuel cell business

Science.gov (United States)

Rasul, Firoz

Successful commercialization of fuel cells will require significant investment. To attract this funding, the objective must be commercially driven and the financing will have to be viewed as an investment in the business of fuel cells rather than just the funding of technology development. With the recent advancements in fuel cells and demonstrations of fuel cell power systems in stationary and transport applications, an industry has begun to emerge and it is attracting the attention of institutional and corporate investors, in addition to the traditional government funding. Although, the strategic importance of fuel cells as a versatile, efficient and cleaner power source of the future as well as an `engine' for economic growth and job creation has now been understood by several governments, major corporations have just begun to recognize the enormous potential of the fuel cell for it to become as ubiquitous for electrical power as the microprocessor has become for computing power. Viewed as a business, fuel cells must meet the commercial requirements of price competitiveness, productivity enhancement, performance and reliability, in addition to environmental friendliness. As fuel cell-based products exhibit commercial advantages over conventional power sources, the potential for higher profits and superior returns will attract the magnitude of investment needed to finance the development of products for the varied applications, the establishment of high volume manufacturing capabilities, and the creation of appropriate fuel and service infrastructures for these new products based on a revolutionary technology. Today, the fuel cell industry is well-positioned to offer the investing public opportunities to reap substantial returns through their participation at this early stage of growth of the industry.

Small business incubators: An emerging phenomenon in South Africa’s SMME economy

Directory of Open Access Journals (Sweden)

Mukovhe Masutha

2014-07-01

Full Text Available In South Africa much policy attention is focused on the potential of the small, medium and micro-enterprise (SMME economy for job creation. Nevertheless, despite government support for the SMME economy, high mortality rates are experienced by start-up enterprises. In common with international experience South Africa has adopted business incubation as a strategic tool for assisting the survival as well as building the competitiveness of SMMEs. This article analyses the state of business incubation in South Africa drawing attention to marked differences between the groups of public sector business incubators as opposed to those business incubators which have been initiated by the private sector.

Creation of particles by time-dependent gravitational fields

International Nuclear Information System (INIS)

Castagnino, M.; Weder, R.

1979-01-01

A method based on the formulation of a quantum equivalence principle is introduced in order to define particle annihilation and creation operators during the expansion of the universe. Our theory predicts the creation of a finite number of particles. (orig.)

The Evidence Base for Developing a Veterinary Business Management Curriculum

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Elizabeth Jackson

2016-06-01

Full Text Available Objective: This paper sets out to highlight the ongoing need for integrated teaching of business skills in the veterinary curriculum.Background: In response to the changing environment of the veterinary profession, it is important to understand the future needs of veterinary practitioners. While changes to the veterinary curriculum have been made in recent years, they have been highly varied across schools and little evidence is available on how these have improved students’ non-technical skills, knowledge, aptitudes, and attitudes. Evidentiary value: This literature review of 23 papers provides a solid basis for the further development of knowledge on business management issues in veterinary curricula. The impact on practice from our findings is substantial. The role of clinicians in academia is recognised as a primary source of engaging students with business management through their day-to-day teaching. Furthermore, the role of first-opinion vets who take on placement students (known as extra mural studies or ‘EMS’ in the UK cannot be underestimated as they play an essential role in ensuring that students perceive business skills with the same importance as clinical skills.Methods: This research draws on the findings of 23 papers that emerged as relevant from the structured literature search.  The search yielded 124 papers but many were excluded because they focused on issues beyond the search strategy, did not report empirical findings so were based largely on discussion and conjecture, were not about the undergraduate veterinary curriculum, were not written in English or were not related to business teaching.Results:  Employers of recent graduates highly value business skills, and often base their hiring decision on non-technical skills, rather than clinical skills. While changes to the veterinary curriculum have been made to include more non-technical training by individual veterinary schools, it is unclear how effective these

Sustainable Development of Slow Fashion Businesses: Customer Value Approach

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Sojin Jung

2016-06-01

Full Text Available As an alternative to the prevalent fast fashion model, slow fashion has emerged as a way of enhancing sustainability in the fashion industry, yet how slow fashion can enhance profitability is still largely unknown. Based on a customer value creation framework, this study empirically tested a structural model that specified the slow fashion attributes that contribute to creating perceived customer value, which subsequently increases a consumer’s intention to buy and pay a price premium for slow fashion products. An analysis of 221 U.S. consumer data revealed that delivering exclusive product value is significantly critical in creating customer value for slow fashion, and customer value, in turn, positively affects consumers’ purchase intentions. Further analysis also revealed that different slow fashion attributes distinctively affect customer value. This provides potential strategies on which slow fashion businesses can focus to secure an economically sustainable business model, thereby continuously improving environmental and social sustainability with the slow fashion ideal.

U.S. Small Business HUBZone Base Closure Areas

Data.gov (United States)

Small Business Administration — HUBZone Qualitified Base Closure Areas - the lands within the boundaries of a military installation that was closed through a privatization process under the Federal...

A MATLAB-Aided Method for Teaching Calculus-Based Business Mathematics

Science.gov (United States)

Liang, Jiajuan; Pan, William S. Y.

2009-01-01

MATLAB is a powerful package for numerical computation. MATLAB contains a rich pool of mathematical functions and provides flexible plotting functions for illustrating mathematical solutions. The course of calculus-based business mathematics consists of two major topics: 1) derivative and its applications in business; and 2) integration and its…

Matchmaking for Business Processes based on Conjunctive Finite State Automata

NARCIS (Netherlands)

Wombacher, Andreas; Fankhauser, Peter; Mahleko, Bendick; Neuhold, Erich

2005-01-01

Web services have a potential to enhance B2B e-commerce over the internet by allowing companies and organisations 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

Designing and Introducing Ethical Dilemmas into Computer-Based Business Simulations

Science.gov (United States)

Schumann, Paul L.; Scott, Timothy W.; Anderson, Philip H.

2006-01-01

This article makes two contributions to the teaching of business ethics literature. First, it describes the steps involved in developing effective ethical dilemmas to incorporate into a computer-based business simulation. Second, it illustrates these steps by presenting two ethical dilemmas that an instructor can incorporate into any business…

Social networking sites as business tool: a study of user behavior

NARCIS (Netherlands)

Constantinides, Efthymios; Lorenzo-Romero, C.; Alarcon-del-Amo, M.d.C.; Glykas, M.

2013-01-01

Social Networking Sites (SNS) are second generation web applications allowing the creation of personal online networks; the social networking domain has become one of the fastest growing online environments connecting hundreds of millions of people worldwide. Businesses are increasingly interested

Integration Becoming Business: Marketisation of Integration Training for Immigrants

Science.gov (United States)

Kurki, Tuuli; Masoud, Ameera; Niemi, Anna-Maija; Brunila, Kristiina

2018-01-01

Today, education is massively affected by marketisation and the drastic demands of the global economy. Integration training for immigrants has fallen prey to that; immigrants are employed to serve market needs, which has been attributed to the creation of "integration as business." In the article, the authors examine how integration…

Measuring Future Worker Productivity via Business Email Message Creation: Implications for Education

Science.gov (United States)

Hagler, Barbara E.; Erthal, Margaret; Walzer, Dona; Anderson, Marcia A.

2009-01-01

Objective: This research was conducted to determine if relationships exist among college students' business email message productivity score and (a) email message quality score, (b) text keying method used to create email message, and (c) self-reported college English grade. Background: Email is increasingly the communication channel preferred for…

Survival and growth of high tech knowledge intensive firms : the impact of the VOC in business planning

NARCIS (Netherlands)

Englis, Basil George; Englis-Danskin, Paula; Ratinho, Tiago; Groen, Aard J.

2012-01-01

The need to bring the consumer’s voice into the startup firm and the business planning process has seldom been discussed. There is however, much debate about the role of business planning and new venture creation and success. Here, we extend this debate and advance our understanding of the

The Physical Internet and Business Model Innovation

Directory of Open Access Journals (Sweden)

Diane Poulin

2012-06-01

Full Text Available Building on the analogy of data packets within the Digital Internet, the Physical Internet is a concept that dramatically transforms how physical objects are designed, manufactured, and distributed. This approach is open, efficient, and sustainable beyond traditional proprietary logistical solutions, which are often plagued by inefficiencies. The Physical Internet redefines supply chain configurations, business models, and value-creation patterns. Firms are bound to be less dependent on operational scale and scope trade-offs because they will be in a position to offer novel hybrid products and services that would otherwise destroy value. Finally, logistical chains become flexible and reconfigurable in real time, thus becoming better in tune with firm strategic choices. This article focuses on the potential impact of the Physical Internet on business model innovation, both from the perspectives of Physical-Internet enabled and enabling business models.

Entrepreneurship in Business Systems Perspective

DEFF Research Database (Denmark)

Rana, Mohammad Bakhtiar; Allen, Mathew

2018-01-01

of opportunities, challenges, and growth patterns for new ventures or new industries in a society? We provide an overview of the BST framework and then illustrate how it can help to explain entrepreneurial decision-making, motivation, venture/industry creation, rationales behind new business model/ venture...... multinationals’ strategies, structures and decision making. We focus, instead, on a relatively neglected area: how BST can help to explain entrepreneurship. In particular, how can this framework help us to understand 1)why a particular business model is developed, 2) why entrepreneurs tend to make a particular...... type of decision, in a particular way, for a particular context, 3) why firms or new ventures structures, strategies and growth trajectory follow a particular path dependency in a particular institutional context, while 4) complementarity and/or lack of complementarity presents different types...

International Business Students’ Cross-Cultural Competence Development

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Natalie S. Mikhaylov

2014-12-01

Full Text Available This study explores the role of educational programs in promoting students’ cross-cultural competence (CCC development in international business education. Using constructivist grounded theory methodology (GTM, a comparative analysis of four extensive case studies was conducted within four schools, all of which offer international management education in English for local and international students. This study examines institutional contributions to an environment that supports students’ CCC development. A typology model consisting of four educational approaches to students’ CCC development is presented based on student experiences. The study provides recommendations regarding the steps that higher educational institutions (HEIs can take to promote educational environments that support cross-cultural exchange, cultural knowledge creation, and individual and organizational cross-cultural competence development.

Development Support Environment of Business ApplicationsBased on a Multi-Grain-Size Repository

Science.gov (United States)

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.

Based on Intelligent Robot of E-business Distribution Center Operation Mode Research

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Li Juntao

2016-01-01

Full Text Available According to E-business distribution center operation mode in domestic and advanced experience drawing lessons at home and abroad, this paper based on intelligent robot researches E-business distribution center operation mode. And it proposes the innovation logistics storage in E-business and sorting integration system, and elaborates its principle, characteristics, as well as studies its business mode and logistics process, and its parameters and working mode of AGV equipment.

STRUCTURAL ELEMENTS OF THE PROCESS OF BUSINESS ENGLISH SKILLS FORMATION IN FUTURE DOCTORS

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Людмила Русалкіна

2015-05-01

Full Text Available The article is devoted to the structure and organization of medical students’ business English teaching process. The main attention is spared to the problem of creation of the experimental model of future doctors’ business English skills formation. The suggested model is aimed at productive mastering of lexical and grammar communicative skills, at formation of business English communicative abilities of students-medics; it has communicative direction and is professionally oriented. The exercises correspond to English language knowledge of the future doctors and are set in sequence of increasing complexity.

A Service-Learning Initiative within a Community-Based Small Business

Science.gov (United States)

Simola, Sheldene

2009-01-01

Purpose: The purpose of this paper is to extend previous scholarly writing on community service-learning (SL) initiatives by looking beyond their use in the not-for-profit sector to their potential use in community-based small businesses. Design/methodology/approach: A rationale for the appropriateness of using SL projects in small businesses is…

Rural Alberta Home-Based Businesses: A Profile of Workshop Participants.

Science.gov (United States)

Capjack, M. Linda; Fetterman, Nelma I.

1992-01-01

Of 252 rural Alberta attendees of home-based business workshops, 60 were in business. Of these, 65 percent produced sewing, textile, or food-related products; 73 percent contributed less than 5 percent of family income; 72 percent worked at home because a hobby became profitable; and the majority were married women over 40. (SK)

HALAL CERTIFICATION PRACTICES IN TOURISM BUSINESSES

OpenAIRE

DEMİR, Mahmut; ŞEN DEMİR, Şirvan

2018-01-01

The purpose ofthis study is to evaluate halal certtification practices in tourism sector. Theeffect created by considering the consumer values in the management andmarketing studies of tourism businesses necessitates creation of new strategiesby the managers. With the effect of recent economic and political change inturkey, one of the studies conducted in the way of meeting the demands andexpectation of either inbound and new outbound markets is the ‘’halalcertification’’. Although it is seen...

Measuring the effect of e-business on organizational performance in project based organizations

Directory of Open Access Journals (Sweden)

Soheil Sadi-Nezhad

2017-12-01

Full Text Available Recently, there have been significant development on e-business and nearly all business partners try to offer their products and services via internet. One primary question for the implementation of e-business is to measure the effect of this new facility on supply chain in project based organizations. Although e-business may not directly influence on organizational performance, it definitely influences on unifying customers and suppliers, which yields to a better performance of organizations. This study performs a study to measure the indirect effect of e-business on project based organizational performance. The proposed study of this paper designs a questionnaire and distributes it among 140 professional experts in different industries in province of Ontario, Canada. The survey examines different hypotheses for a possible correlation between e-business and integrated suppliers, e-business and customers, integrated customers and suppliers with organizational performance. The results of this survey indicate a positive relationship between all these components either directly or indirectly.

Value Co-creation and Co-innovation: Linking Networked Organisations and Customer Communities

Science.gov (United States)

Romero, David; Molina, Arturo

Strategic networks such as Collaborative Networked Organisations (CNOs) and Virtual Customer Communities (VCCs) show a high potential as drivers of value co-creation and collaborative innovation in today’s Networking Era. Both look at the network structures as a source of jointly value creation and open innovation through access to new skills, knowledge, markets and technologies by sharing risk and integrating complementary competencies. This collaborative endeavour has proven to be able to enhance the adaptability and flexibility of CNOs and VCCs value creating systems in order to react in response to external drivers such as collaborative (business) opportunities. This paper presents a reference framework for creating interface networks, also known as ‘experience-centric networks’, as enablers for linking networked organisations and customer communities in order to support the establishment of user-driven and collaborative innovation networks.

Design Principles for Business-Model-based Management Methods—A Service-dominant Logic Perspective

OpenAIRE

Blaschke, Michael; Haki, Kazem; Riss, Uwe; Aier, Stephan

2017-01-01

Extant research gives rise to the notion of business-model-based management that stresses the pivotal role of the business model concept in organizational management. This role entails a shift in research from predominantly examining business model representation to the use of the business model concept in the design of management methods. In designing respective management methods, managers need to not only account for the business model concept, but also consider the characteristics of the ...

Exploring New Firm Creation Out of Brand Communities: The Case of LEGO

DEFF Research Database (Denmark)

Hienerth, Christoph; Lettl, Christopher; Biskjaer, Michael Mose

2011-01-01

In the field of new product development, brand communities have attracted a great deal of attention from both academics and practitioners as a means of facilitating consumer-producer co-creation processes. In this paper, we extend the line of research on brand communities to the field...... brand community enjoys a broader range of LEGO products and services. Our findings reveal the emergence of a hybrid organizational form in which new business ideas are neither exploited solely within the boundaries of the focal producer firm, nor pursued by fully independent new firms alone. We observe...... of entrepreneurship studies by examining the conditions under which new firms emerge out of these social networks. Our empirical setting is the global LEGO brand community. As a well-known pioneering firm that is constantly experimenting with new ways of collaborating with its fan and customer base, LEGO recently...

Discipline Based Instruction in Business Law

Science.gov (United States)

Custin, Richard E.; Demas, John C.; Lampe, Marc; Custin, Colette L.

2013-01-01

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…

Using Business Information Systems available in the Czech Republic for Marketing Strategies Support

Directory of Open Access Journals (Sweden)

František Dařena

2005-01-01

Full Text Available The paper deals with the analysis of current situation on the market of business information systems in the Czech Republic from the point of view of their utilization in marketing strategies creation. Based on requirements on marketing information system the structure of these systems and possibilities of their usage are evaluated. It is also pointed out to discovered insufficiencies and the architecture solving these problems is suggested. The main angle of view is three-layer architecture and on each layer the set of requirements and design proposal are summarized.

Do GCI indicators predict SME creation? A Western Balkans cross-country comparative analysis

OpenAIRE

Fëllënza Lushaku; Alban Elshani; Lekë Pula

2016-01-01

In early stages SMEs were seen as insignificant supplement to large business supply, whereas today they have a very important social and economic role, because of their contribution to job creation. These contributions are very valuable in times of crises and rising unemployment. In Kosovo and the Western Balkan countries, including countries such as Albania, Macedonia, Montenegro, Serbia and Bosnia and Herzegovina, the development of SMEs can contribute in facing many challenges, effects of ...

Application impact analysis: a risk-based approach to business continuity and disaster recovery.

Science.gov (United States)

Epstein, Beth; Khan, Dawn Christine

2014-01-01

There are many possible disruptions that can occur in business. Overlooking or under planning for Business Continuity requires time, understanding and careful planning. Business Continuity Management is far more than producing a document and declaring business continuity success. What is the recipe for businesses to achieve continuity management success? Application Impact Analysis is a method for understanding the unique Business Attributes. This AIA Cycle involves a risk based approach to understanding the business priority and considering business aspects such as Financial, Operational, Service Structure, Contractual Legal, and Brand. The output of this analysis provides a construct for viewing data, evaluating impact, and delivering results, for an approved valuation of Recovery Time Objectives (RTO).

Theories of opportunity creation and effective entrepreneurial actions in opportunity creation context

Directory of Open Access Journals (Sweden)

Behrooz Jamali

2018-09-01

Full Text Available Created opportunities are refered as the opportunities in which none of the supply and demand parties exists clearly and obviously one or both of them must be created. Therefore, several economic inventions should take place in marketing, franchising, etc. so that opportunity can be created. This perception of opportunity deals with the creation of new markets. In the meantime, identifying some entrepreneurial actions influencing on the creation of entrepreneurial opportunities can provide backgrounds for the formation and empowering the opportunity creation. In this paper, some basic ideas about the creation of entrepreneurial opportunities and the evolution of opportunity creation theories are examined. Then effective actions on the opportunity creation are identified. Finally, the structure of the investigated actions is examined using the DEMATLE Method. The results which were according to the opinions of 15 experts of entrepreneurship showed that leadership, decision making, and strategy actions influence other entrepreneurial actions.

Social and Symbolic Capital in Firm Clusters: An empirical Investigation of Relational Resources and Value Creation

DEFF Research Database (Denmark)

Gretzinger, Susanne; Royer, Susanne

Cluster initiatives are a popular instrument of public policy everywhere in the world. This development acknowledges that the organisational units that create added value are not isolated individual businesses, but networks of actors. Our research has the objective to better understand value...... creation of single firms embedded in clusters in terms of overlapping value adding webs of single firms. The main focus of the paper is on how to describe and operationalise and how to manage social and symbolic capital in clusters. The fact that the main source of value creation is rooted within networks...... raises the question of the impact of social capital on relational rents. The main objectives of this paper therefore are to investigate how value creation on the relational level of a cluster can be systematised to come to a better understanding of valuable resources on the cluster level. Empirically...

Investigation the impact of outsourcing on competitive advantages' creation by considering Porter's model; Case study: Zamyad Company

Directory of Open Access Journals (Sweden)

Ahmad Reza Kasrai

2012-08-01

Full Text Available Competitive advantage is an important factor in boosting companies' success and is considered more emphatically in management and strategic marketing literature in recent years. There are many different ideas about effective factors in creation of competitive advantages. Also fast rate of change in business, is forcing CEOs to utilize some strategies, which have the best impact on current organizational circumstances and the future trend of investigation in organizational trades. Outsourcing is one of the best strategies, which are widely utilized by CEOs in different organizations. Many managers believe that outsourcing is the solitary way for preserving the balance of organization in 21 century. Based on Porter competitive advantage model, there are three strategies, which lead a company to reach competitive advantage. These strategies are cost leadership, differentiation strategy and segmentation strategy. In this article, we are investigating outsourcing effects on creation of competitive advantages through Porter model in an automotive factory in Iran. We design a questionnaire for gathering necessary information about the role of outsourcing in creation of different strategies as competitive advantages in managers' point of view. We analyze the questionnaires and implement a goodness of fit test to recognize the distribution of data and the statistical method. Preliminary results show that nonparametric statistic methods can be utilized for testing our hypothesis. We use a Wilcoxon test to consider the null hypothesis and a Friedman test to estimate the rank of means. Our findings verify an undeniable effect of outsourcing on creation of competitive advantage and the ranking list is presented.

Business Networks and Cooperation in International Business Relationships

OpenAIRE

Desirée Blankenburg Holm; Kent Eriksson; Jan Johanson

1996-01-01

Cooperative relationships between firms can be better understood if they are examined in the context of a network of connected business relationships. Based on research on business relationships and business networks, this paper formulates a LISREL model that analyses cooperation in international business relationships between suppliers and customer firms. Theory suggests that cooperation can raise the value of business relationships, and that business network connections have an impact on co...

The entrepreneur's mode of entry: business takeover or new venture start?

NARCIS (Netherlands)

Parker, S.C.; van Praag, M.

2012-01-01

We extend the well-known occupational choice model of entrepreneurship by analyzing the mode of entry. Individuals can become entrepreneurs by taking over established businesses or starting up new ventures from scratch. We argue that the new venture creation mode is associated with higher levels of

New Forms of E-Business Based Value Creation?

DEFF Research Database (Denmark)

Henten, Anders; Skouby, Knud Erik

It is two years ago since the burst of the dotcom bubble. The so-called new economy is in shambles. There is, however, nothing new in such manic and steep up- and down-turns in the economy. The tulip mania in the Netherlands in 1630s is an early example and the South American mining industry...

Are they helping? An examination of business incubators' impact on tenant firms

NARCIS (Netherlands)

Ratinho, Tiago

2011-01-01

Business incubators (BI) have been established throughout the world as spurs to economic growth. Promoters and BIs‟ managers claim an important role in creating companies, support them till graduation and therefore often boast their contribution to job and wealth creation. Particularly since the

Enhancing Users' Participation in Business Process Modeling through Ontology-Based Training

Science.gov (United States)

Macris, A.; Malamateniou, F.; Vassilacopoulos, G.

Successful business process design requires active participation of users who are familiar with organizational activities and business process modelling concepts. Hence, there is a need to provide users with reusable, flexible, agile and adaptable training material in order to enable them instil their knowledge and expertise in business process design and automation activities. Knowledge reusability is of paramount importance in designing training material on process modelling since it enables users participate actively in process design/redesign activities stimulated by the changing business environment. This paper presents a prototype approach for the design and use of training material that provides significant advantages to both the designer (knowledge - content reusability and semantic web enabling) and the user (semantic search, knowledge navigation and knowledge dissemination). The approach is based on externalizing domain knowledge in the form of ontology-based knowledge networks (i.e. training scenarios serving specific training needs) so that it is made reusable.

CREATING SHARED VALUE IN THE PRESENCE OF CONFLICTS AND TRADEOFFS: A PARADOX PERSPECTIVE ON BUSINESS AND SOCIETY

OpenAIRE

LaPierre, Karen; Wakayama, Naomi; 若山, 俊弘

2016-01-01

While business and society may engage in mutually beneficial, synergistic interactions, they also face the challenge of managing contentious, tradeoff interactions when their objectives are not aligned. In the diverse fields of studies in business and society, these two modes of business-society interactions have been conceptualized rather separately: mutual gains and synergies in concepts such as social innovation and shared value creation on one hand, and tensions and tradeoffs in studies t...

A business strategy formulation for commercializing university-created technology: A university spin-offs

Science.gov (United States)

Saputra, Iqbal Wahyu; Sutopo, Wahyudi; Zakaria, Roni

2018-02-01

There are some mechanism to commercialize the innovations that have been developed by academic scientists in universities, i.e. patenting, licensing, start-up creation, and university-industry partnerships. The start-up creations or university spin-offs (USOs) company is a very special start-up company that is founded by an academic inventor and the university with the aim to commercialize the technological innovation that created by the university. However, it is not always as smooth as expected. The market competitiveness of the USOs obviously has many challenges to be able to compete with the existing companies, analysis need to be done to get the right business step so the business strategy will be efficient. In this article, we discuss a real case study of a university spin-off that owned by Sebelas Maret University for Commercializing Battery Lithium. The aim of our research is twofold: first, to identify the gap in the literature of business strategy formulation between a conventional and USOs. Second, to propose a business strategy formulation for commercializing university-created technology, i.e. battery lithium as core business of a university spin-off as a case study. We conduct surveys, observation and FGD in order to collect the data and information to build the company objective and goals. The analytical tools to generate the solution of business strategy are SWOT analysis, IFE-EFE matrix, and QSPM model so the result will be the most attractive and suitable for the company. The result shows that the case study of USO company is classified on conservative continuous improvement phase so the suitable strategy for this company are product development and business strategy integration.

Survey < > Creation

DEFF Research Database (Denmark)

2017-01-01

The project, Survey Creation suggests that point cloud models from 3D scans of an existing space can be the source for explorative drawings. By probing into the procedure of 3D laser scanning, it became possible to make use of the available point clouds to both access geometric representation......) and the creation drawing (of the anticipated)....

BUSINESS ETHICS STANDARDS AND HOTEL BUSINESS

Directory of Open Access Journals (Sweden)

Ivica Batinić

2014-04-01

Full Text Available By implementing certain standards in business, especially the standards of business ethics, each entity in the hotel industry emphasize its specificity and recognition, while giving a guestconsumer security and a guarantee that they will get desired quality. In today's global world, business ethics has become an indispensable part of the hotel business practices and prerequisite for achieving business success. Business ethics receives strategic significance because it creates a system of governance based on ethical principles that enables the hotel to properly respond to the demands of all interest groups. Successful will be precisely those hotels that do not separate ethics from profitability, but those that successfully coordinate them in its business. Business ethics has a strong impact on hotel business, and a major role in its implementation has a hotel management. Every responsible hotel management should, in accordance with the business philosophy of hotel, devise various ethical practices and ethical codes of conduct prescribed by the employees who will be an important standard of a business object.

Building new competencies for new business creation based on breakthrough technological innovations

NARCIS (Netherlands)

Vanhaverbeke, W.P.M.; Kirschbaum, R.

2003-01-01

This paper focuses on the question how companies can build new capabilities or competencies based on discontinuous technological innovations? In particular, we analyze how corporate ventures are set up to develop and commercialize these radical innovations can play a crucial role in the process of

14 CFR 141.25 - Business office and operations base.

Science.gov (United States)

2010-01-01

... 14 Aeronautics and Space 3 2010-01-01 2010-01-01 false Business office and operations base. 141.25... operations base. (a) Each holder of a pilot school or a provisional pilot school certificate must maintain a... or the operations base, each certificate holder must notify the FAA Flight Standards District Office...

Enforcement of entailment constraints in distributed service-based business processes.

Science.gov (United States)

Hummer, Waldemar; Gaubatz, Patrick; Strembeck, Mark; Zdun, Uwe; Dustdar, Schahram

2013-11-01

A distributed business process is executed in a distributed computing environment. The service-oriented architecture (SOA) paradigm is a popular option for the integration of software services and execution of distributed business processes. Entailment constraints, such as mutual exclusion and binding constraints, are important means to control process execution. Mutually exclusive tasks result from the division of powerful rights and responsibilities to prevent fraud and abuse. In contrast, binding constraints define that a subject who performed one task must also perform the corresponding bound task(s). We aim to provide a model-driven approach for the specification and enforcement of task-based entailment constraints in distributed service-based business processes. Based on a generic metamodel, we define a domain-specific language (DSL) that maps the different modeling-level artifacts to the implementation-level. The DSL integrates elements from role-based access control (RBAC) with the tasks that are performed in a business process. Process definitions are annotated using the DSL, and our software platform uses automated model transformations to produce executable WS-BPEL specifications which enforce the entailment constraints. We evaluate the impact of constraint enforcement on runtime performance for five selected service-based processes from existing literature. Our evaluation demonstrates that the approach correctly enforces task-based entailment constraints at runtime. The performance experiments illustrate that the runtime enforcement operates with an overhead that scales well up to the order of several ten thousand logged invocations. Using our DSL annotations, the user-defined process definition remains declarative and clean of security enforcement code. Our approach decouples the concerns of (non-technical) domain experts from technical details of entailment constraint enforcement. The developed framework integrates seamlessly with WS-BPEL and the Web

Research of B2B e-Business Application and Development Technology Based on SOA

Science.gov (United States)

Xian, Li Liang

Today, the B2B e-business systems in most enterprises usually have multiple heterogeneous and independent systems which are based on different platforms and operate in different functional departments. To deal with the increased services in future, an enterprise needs to expand its system continuously. This, however, will cause great inconvenience to the future system maintenance. To implement e-business successfully, a unified internal e-business integration environment must be established to integrate the internal system and thus realize a unified internal mechanism within the enterprise e-business system. The SOA (service-oriented architecture), however, can well meet the above requirements. The integration of SOA-based applications can reduce the dependency of different types of IT systems, reduce the cost of system maintenance and the complexity of the IT system operation, increase the flexibility of the system deployment, and at the same time exclude the barrier of service innovation. Research and application of SOA-based enterprise application systems has become a very important research project at present. Based on SOA, this document designs an enterprise e-business application model and realizes a flexible and expandable e-business platform.

Adiabatic pair creation in heavy-ion and laser fields

International Nuclear Information System (INIS)

Pickl, P.; Durr, D.

2008-01-01

The planned generation of lasers and heavy-ion colliders renews the hope to see electron-positron pair creation in strong classical fields. This old prediction is usually referred to as spontaneous pair creation. We observe that both heavy-ion collisions and pair creation in strong laser fields, are instances of the theory of adiabatic pair creation. We shall present the theory, thereby correcting earlier results. We give the momentum distribution of created pairs in overcritical fields. We discuss carefully the proposed experimental verifications and conclude that pure laser-based experiments are highly questionable. We propose a new experiment, joining laser fields and heavy ions, which may be feasible with present-day technology and which may indeed verify the theoretical prediction of adiabatic pair creation. Our presentation relies on recent rigorous works in mathematical physics. (authors)

Activity Based Learning in a Freshman Global Business Course: Analyses of Preferences and Demographic Differences

Science.gov (United States)

Levine, Mark F.; Guy, Paul W.

2007-01-01

The present study investigates pre-business students' reaction to Activity Based Learning in a lower division core required course entitled Introduction to Global Business in the business curriculum at California State University Chico. The study investigates students' preference for Activity Based Learning in comparison to a more traditional…

Virtual Learning Spaces Creation Based on the Systematic Population of an Ontology

Directory of Open Access Journals (Sweden)

Cristiana Araújo

2018-02-01

Full Text Available The creation of Learning Spaces on the Web, like the exhibition rooms of virtual museums, supported by an ontology that enables a conceptual navigation over the learning objects exposed, is a hard and complex task but of uttermost importance for the success of the knowledge acquisition process. In our opinion, the creation must be systematic and reusable from case to case, based on the query of the ontology instances that describe the museum assets. We will discuss how the ontology definition drives the way SPARQL (SPARQL Protocol and RDF Query Language queries extract information from the TripleStore to be prepared for visualization. However, to enable this approach, we need to populate the ontology in an automatic way, extracting the data from the annotated documents in the institution repository. We intend to show how that process can be implemented using the Museum of the Person (MP as a case-study, describing the XML2RDF tool developed. To illustrate the complete approach proposed we will include a guided visit to the exhibition rooms of MP created according to that proposal and by our tools.

Towards the creation of an industrial sector dedicated to nuclear dismantling

International Nuclear Information System (INIS)

Anon.

2015-01-01

In next decades the business of nuclear dismantling is expected to grow exponentially due to the decommissioning of nuclear facilities that will have reached the end of their operating life. Dismantling has 2 main features: dismantling operations on a same site can span decades and dismantling is a new activity in which innovations are likely to appear and may benefit other sectors. In France regional authorities have promoted public-private partnerships in order to make working together small enterprises very specialized in sectors like robotic, laser cutting, waste processing, remote operations... with public laboratories dedicated to nuclear research, and with graduate schools to include dismantling in curriculum and with major industrial operators of the nuclear industry. The aim is the creation of jobs and the building of an industrial sector able to win market shares in the worldwide business of nuclear dismantling. (A.C.)

Organizational Values and Innovative Organizational Knowledge Creation

Directory of Open Access Journals (Sweden)

Lilian Aparecida Pasquini Miguel

2009-01-01

Full Text Available Innovation is a source of competitive advantage and is based on the continuous creation of organizational knowledge, which is supported by the individual learning. The individual learning of traditional / comportamentalist and constructivist nature can be understood, by extension, as organizational learning. The knowledge can be innovative if, along with the enabling conditions that characterize it - intention, fluctuation or chaos, autonomy, redundancy and variety of requirements – the process of learning is based on a constructivist nature, the only one capable to generate new learning solutions. The organizational values are beliefs that guide the organizations behavior and constitute motivational goals. This work had as aim to identify the relationship between organizational values and the creation of knowledge. The descriptive exploratory research used the quantitative method. The organizational values appeared in this study mainly associated to the knowledge creation aspects in the internal sphere of the organizations. The orientation towards the external environment appeared less related to the organizational values.

Improvement of the Provisions of Innovative Development of Enterprises Based on Electronic Business Technologies

Directory of Open Access Journals (Sweden)

Vilkhivska Olga V.

2018-02-01

Full Text Available The article proposes improved conceptual provisions of innovative enterprise development based on the introduction of e-business technologies. The peculiarities of modern conditions of economic development under the influence of the new information paradigm are considered, the essence of which is the development and implementation of innovative network technologies (technologies of e-business in all spheres and branches of the economy. An analysis of the author’s research on the trends in the development of e-business, e-commerce, marketing, the impact of Internet technologies on business practices has been carried out, which has made it possible to achieve the goal, that was set, namely, to improve the conceptual foundations of innovative enterprise development based on e-business technologies. A special feature of the developed provisions is the emphasis on the introduction or full replacement of business processes in the enterprise by the appropriate technologies of electronic business and establishing the relationship between innovation development and their use.

Business Collaborations in Grids: The BREIN Architectural Principals and VO Model

Science.gov (United States)

Taylor, Steve; Surridge, Mike; Laria, Giuseppe; Ritrovato, Pierluigi; Schubert, Lutz

We describe the business-oriented architectural principles of the EC FP7 project “BREIN” for service-based computing. The architecture is founded on principles of how real businesses interact to mutual benefit, and we show how these can be applied to SOA and Grid computing. We present building blocks that can be composed in many ways to produce different value systems and supply chains for the provision of computing services over the Internet. We also introduce the complementary BREIN VO concept, which is centric to, and managed by, a main contractor who bears the responsibility for the whole VO. The BREIN VO has an execution lifecycle for the creation and operation of the VO, and we have related this to an application-focused workflow involving steps that provide real end-user value. We show how this can be applied to an engineering simulation application and how the workflow can be adapted should the need arise.

Adoption of business intelligence insights towards inaugurate business performance of Malaysian halal food manufacturing

Directory of Open Access Journals (Sweden)

Mailasan Jayakrishnan

2018-07-01

Full Text Available Information System (IS is a strife to exploit Business Intelligence (BI in an organization. In the Malaysian Halal Food Manufacturing, a league of Information Technology (IT professional and decision makers is the architect of the perspective in IT. There are numerous research studies on utilizing and investigating strategic effects of environmental factors augmentation on the organizations, but compact information is acknowledged prevailing how the subjective conception for the strategic source of deci-sions is transformed into the objective principle. Hence, general interpretation of the IT professional and the decision makers is crucial for a comprehensive and collaborative decision-making process. Therefore, prosper stimulate assimilation of the environmental factors that persuade the knowledge integration between IT professionals and decision makers is compulsory. BI and Big Data (BD help organizations derive enhance decision-making process and knowledge creation. The objective of this research study is to emerge knowledge from organizing BD and to utilize BI together with perceiving MIT90s framework and environmental factors for the analysis of decision-making process of halal food manufacturers in Malaysia. The study applied regression analysis to predicted 103 responses to determine decision making of business performance. The results indicate that halal market demand played important role in predicting business performance of halal manufactures. This study provides some insights into decision making perspectives of business performance management among halal food manufacturers in Malaysia.

SOCIAL ENTREPRENEURSHIP AND THE CREATION OF A THIRD SECTOR ORGANIZATION: THE CASE STUDY OF ALIANÇA

Directory of Open Access Journals (Sweden)

Érika Onozato

2013-03-01

Full Text Available The main objective of this study is to analyze the creation of a third sector organization, named Aliança Empreendedora. Initially the founders socio-economic profiles were identified together with an analysis of the main reasons for the organization start up. Afterwards, it is described how the venture creation process occurred, highlighting its objectives, the projects developed by the organization as well as the difficulties met by the founders during such process. The adopted research strategy is the unique case study. Evidences were collected by personal interviews and documental analysis. It was found that the main motivation to the organization start up were the socio-economic benefits that it could bring to the people from the local poor communities by supporting their small businesses, thus generating employment and income. The main difficulties pointed out by social entrepreneurs during the organization creation process were typical of new enterprises such as shortage of financial resources and lack of knowledge of their sector.

The evolution of network-based business models illustrated through the case study of an entrepreneurship project

DEFF Research Database (Denmark)

Lund, Morten; Nielsen, Christian

2014-01-01

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......-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......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...

Involving business users in business rules lifecycle

OpenAIRE

Thorževskij, Sašo

2010-01-01

Organizations operate in dynamic environments, which require continuous modifications of business policies. The latter also implies changes in business informatics, the basis for effective and prosperous operation. To answer to the constant need for modifications and adaptations, a new approach to information systems design and implementation has been developed, based on separating business rules from the rest of the information system. In such solutions, business rule execution is entrusted ...

Business Process Simulation: Requirements for Business and Resource Models

Directory of Open Access Journals (Sweden)

Audrius Rima

2015-07-01

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.

A South African Perspective on Entrepreneurship and Business Creation, and its Links to Research Exploitation

Science.gov (United States)

Comins, N. R.

Transition from the Industrial to the Information Age is creating a paradigm shift for business, education, and research and development. The entrenched culture of corporate R&D groups in developed countries is increasingly complemented by innovative and nimble small and medium high-tech enterprises, dramatically changing many economies. Entrepreneurial trends amongst research students, able to exploit modern information technology for networking, collaboration and business, are increasing. South Africa has emerged into this global economy without these trends being well established. This paper will describe and contrast developments and detail initiatives such as The Innovation Hub.

A QFD-Based Evaluation Method for Business Models of Product Service Systems

Directory of Open Access Journals (Sweden)

Tianyang Li

2016-01-01

Full Text Available Organizations have been approaching Product Service Systems (PSS in unoptimized business model fashions. This is partially because there is ineffective evaluation of PSS business models. Therefore, a more sufficient evaluation method might advance the evaluation of PSS business models and assist organizations that are considering a servitisation strategy. In this paper, we develop a value oriented method by using the Quality Function Deployment (QFD technique to employ correlations derived from the design information of PSS business models to evaluate these PSS business models. We describe the method applying steps and its practical application in a real life case study. This method improves the formulation of an evaluation step within a design process of PSS business models based on correlations of different dimensions of the PSS value and PSS business models; it allows a balance between the customer value and organization value that are delivered by PSS business models to be made quantitatively. Finally, it fosters the effective utilization of the design information accumulated in the earlier part of the design process to quantitatively evaluate whether a PSS business model is optimized for providing appropriate values for customers and organizations.

The business case for condition-based maintenance: a hybrid (non-) financial approach

NARCIS (Netherlands)

Tiddens, W.W.; Tinga, T.; Braaksma, A.J.J.; Brouwer, O.; Cepin, Marko; Bris, Radim

2017-01-01

Although developing business cases is key for evaluating project success, the costs and benefits of condition-based maintenance (CBM) implementations are often not explicitly defined and evaluated. Using the design science methodology, we developed a hybrid business case approach to help managers

Business with a conscience

International Nuclear Information System (INIS)

Marcan, P.

2007-01-01

Environmental protection has only recently become a discussion topic in Slovakia. The pressure related to meeting directives, regulations and various limits came only after Slovakia had joined the European Union. Until then, both the state and companies approached the issue on voluntary basis. And that was logical as environment- related investments are considered non-profitable, i.e. either not generating a profit at all or having only a minor positive financial effect. But what causes concerns to someone may be just the right business opportunity to someone else. Building sewage networks, waste separation systems or ecological counselling represent only a part of the ecology business. The Ministry of Environment estimates the total value of the market, which will be divided up over the next seven years between suppliers of environmental technologies and services, to be about 200 billions Slovak crowns (5.92 billions Eur). Recently the fight against air pollution and climatic changes have become very popular with politicians. Subsidies to energies produced using renewable energy sources and the creation of virtual commodities like CO 2 emission permits represent only one part of the environmental business.However, the scope of new opportunities the the European Union legislation offers is much wider. (authors)

Agent-oriented enterprise modeling based on business rules

NARCIS (Netherlands)

Taveter, K.; Wagner, G.R.; Kunii, H.S.; Jajodia, S.; Solvberg, A.

2001-01-01

Business rules are statements that express (certain parts of) a business policy, defining business terms and defining or constraining the operations of an enterprise, in a declarative manner. Since these rules define and constrain the interaction among business agents in the course of business

Creationism in Europe

DEFF Research Database (Denmark)

For decades, the creationist movement was primarily situated in the United States. Then, in the 1970s, American creationists found their ideas welcomed abroad, first in Australia and New Zealand, then in Korea, India, South Africa, Brazil, and elsewhere—including Europe, where creationism plays...... the teaching of creationism as a scientific discipline on an equal footing with the theory of evolution." Creationism in Europe offers a discerning introduction to the cultural history of modern Europe, the variety of worldviews in Europe, and the interplay of science and religion in a global context...

Business Process Management – A Traditional Approach Versus a Knowledge Based Approach

Directory of Open Access Journals (Sweden)

Roberto Paiano

2015-12-01

Full Text Available The enterprise management represents a heterogeneous aggregate of both resources and assets that need to be coordinated and orchestrated in order to reach the goals related to the business mission. Influences and forces that may influence this process, and also for that they should be considered, are not concentrated in the business environment, but they are related to the entireoperational context of a company. For this reason, business processes must be the most versatile and flexible with respect to the changes that occur within the whole operational context of a company.Considering the supportive role that information systems play in favour of Business Process Management - BPM, it is also essential to implement a constant, continuous and quick mechanism for the information system alignment with respect to the evolution followed by business processes.In particular, such mechanism must intervene on BPM systems in order to keep them aligned and compliant with respect to both the context changes and the regulations. In order to facilitate this alignment mechanism, companies are already referring to the support offered by specific solutions, such as knowledge bases. In this context, a possible solution might be the approach we propose, which is based on a specific framework called Process Management System. Our methodology implements a knowledge base support for business experts, which is not limited to the BPM operating phases, but includes also the engineering and prototyping activities of the corresponding information system. This paper aims to compare and evaluate a traditional BPM approach with respect to theapproach we propose. In effect, such analysis aims to emphasize the lack of traditional methodology especially with respect to the alignment between business processes and information systems, along with their compliance with context domain and regulations.

Is business strategy from a positioning and resource-based perspective relevant for national institutions?

Directory of Open Access Journals (Sweden)

AJ Smit

2014-01-01

Full Text Available To ascertain whether business strategy is relevant for national institutions a distinction is made between private businesses and institutions as “social business units” of a country. In “social businesses” as well as in private businesses, efficiency is the desired outcome. However, in private businesses it is about sustainable competitive advantage while in institutions it is about policies to resolve the socio and economic problems that a country faces in order to increase welfare of society as a whole. The conclusion is that business strategy form the positioning and resource-based perspectives, does not apply to social businesses such as national institutions.

Design and implementation of a unified certification management system based on seismic business

Science.gov (United States)

Tang, Hongliang

2018-04-01

Many business software for seismic systems are based on web pages, users can simply open a browser and enter their IP address. However, how to achieve unified management and security management of many IP addresses, this paper introduces the design concept based on seismic business and builds a unified authentication management system using ASP technology.

A method for valuing architecture-based business transformation and measuring the value of solutions architecture

OpenAIRE

Slot, R.G.

2010-01-01

Enterprise and Solution Architecture are key in today’s business environment. It is surprising that the foundation and business case for these activities are nonexistent; the financial value for the business of these activities is largely undetermined. To determine business value of enterprise and solution architecture, this thesis shows how to measure and quantify, in business terms, the value of enterprise architecture-based on business transformation and the value of solution architecture.

An evidence-based approach to the creation of normative data: base rates of impaired scores within a brief neuropsychological battery argue for age corrections, but against corrections for medical conditions.

Science.gov (United States)

O'Connell, Megan E; Tuokko, Holly; Voll, Stacey; Simard, Martine; Griffith, Lauren E; Taler, Vanessa; Wolfson, Christina; Kirkland, Susan; Raina, Parminder

We detail a new approach to the creation of normative data for neuropsychological tests. The traditional approach to normative data creation is to make demographic adjustments based on observations of correlations between single neuropsychological tests and selected demographic variables. We argue, however, that this does not describe the implications for clinical practice, such as increased likelihood of misclassification of cognitive impairment, nor does it elucidate the impact on decision-making with a neuropsychological battery. We propose base rate analyses; specifically, differential base rates of impaired scores between theoretical and actual base rates as the basis for decisions to create demographic adjustments within normative data. Differential base rates empirically describe the potential clinical implications of failing to create an appropriate normative group. We demonstrate this approach with data from a short telephone-administered neuropsychological battery given to a large, neurologically healthy sample aged 45-85 years old. We explored whether adjustments for age and medical conditions were warranted based on differential base rates of spuriously impaired scores. Theoretical base rates underestimated the frequency of impaired scores in older adults and overestimated the frequency of impaired scores in younger adults, providing an evidence base for the creation of age-corrected normative data. In contrast, the number of medical conditions (numerous cardiovascular, hormonal, and metabolic conditions) was not related to differential base rates of impaired scores. Despite a small correlation between number of medical conditions and each neuropsychological variable, normative adjustments for number of medical conditions does not appear warranted. Implications for creation of normative data are discussed.

Task-based factors influencing the successful functioning of copreneurial businesses in South Africa

Directory of Open Access Journals (Sweden)

Shelley Farrington

2011-03-01

Full Text Available Globally, evidence exists to suggest that the number of copreneurial businesses or spousal partnerships are on the increase. The primary objectives of this study are to identify the task-based factors influencing the effectiveness of a copreneurial business, to propose a conceptual model based on these factors and to subject the model to empirical testing. The model is empirically tested among copreneurial businesses to assess potential relationships between selected independent variables (shared dream, leadership, personal needs alignment, division of labour, complementary skills, supportive employees, competencies and adequate resources and measures of copreneurial success (perceived success and financial performance. In order to address the primary objective of this study, a questionnaire was administered to a sample of 1548 respondents (spouses in business together of which 380 questionnaires were useable for statistical analysis. The empirical results revealed that apart from division of labour all the other factors investigated exert a significant influence on the successful functioning of copreneurial businesses.

Breaking the entry barriers of startup companies to offer AAL services through integrated eHealth solutions based on a hybrid business model

DEFF Research Database (Denmark)

Kyriazakos, Sofoklis

Healthcare sector is one of the main pillars of the economy at a global level that involves patients, physicians, National Health Systems, insurance companies, pharmaceuticals, vendors, researchers and providers. Healthcare sector represents a good portion of the GDP of any Government and attracts...... billion dollar investments every year. The technology and Internet evolution have contributed significantly to the creation of eHealth within the Healthcare sector that aims to improve citizens’ health and wellbeing. Nevertheless, the barriers to entry in this highly regulated business sector are huge...... and therefore integrated eHealth solutions fail to reach high levels of penetration. Considering this as big challenge, the paper presents a hybrid business models that is able to efficiently address the Healthcare sector stakeholders and create prosperous opportunities for eHealth solutions for startup...

Methodology for Modeling and Analysis of Business Processes (MMABP

Directory of Open Access Journals (Sweden)

Vaclav Repa

2015-10-01

Full Text Available This paper introduces the methodology for modeling business processes. Creation of the methodology is described in terms of the Design Science Method. Firstly, the gap in contemporary Business Process Modeling approaches is identified and general modeling principles which can fill the gap are discussed. The way which these principles have been implemented in the main features of created methodology is described. Most critical identified points of the business process modeling are process states, process hierarchy and the granularity of process description. The methodology has been evaluated by use in the real project. Using the examples from this project the main methodology features are explained together with the significant problems which have been met during the project. Concluding from these problems together with the results of the methodology evaluation the needed future development of the methodology is outlined.

From Creativity to New Venture Creation

DEFF Research Database (Denmark)

Lund, Morten; Byrge, Christian; Nielsen, Christian

2017-01-01

, the key proposition of the paper is that entrepreneurs can enhance their development processes through training of their competences in creativity and in business modeling. The paper presents a set of key skill variables of creativity and of business modeling that need to be trained in order to enhance......This paper explores the processes of creating new companies with original and useful business models from a conceptual perspective. Based on data from large-scale creativity training programs and business model development studies in Denmark encompassing over 100 companies and 200 entrepreneurs...

Business Development Management and Services Area

International Nuclear Information System (INIS)

2006-01-01

The creation in ENSA of the new Business Development Management is meant to leverage ENSA's activities by taking advantage of the previous experience gained by the services area to have a much more active presence than before in both the national and international market for goods and services of the nuclear industry. The Management's activities go beyond the traditional, mature activity of large nuclear components manufacturing developed in ENSA since it was founded. This article details the activities of this new Management and its future projection. (Author)

Business intelligence tools for radiology: creating a prototype model using open-source tools.

Science.gov (United States)

Prevedello, Luciano M; Andriole, Katherine P; Hanson, Richard; Kelly, Pauline; Khorasani, Ramin

2010-04-01

Digital radiology departments could benefit from the ability to integrate and visualize data (e.g. information reflecting complex workflow states) from all of their imaging and information management systems in one composite presentation view. Leveraging data warehousing tools developed in the business world may be one way to achieve this capability. In total, the concept of managing the information available in this data repository is known as Business Intelligence or BI. This paper describes the concepts used in Business Intelligence, their importance to modern Radiology, and the steps used in the creation of a prototype model of a data warehouse for BI using open-source tools.

Views of Community Managers on Knowledge Co-creation in Online Communities for People With Disabilities: Qualitative Study.

Science.gov (United States)

Amann, Julia; Rubinelli, Sara

2017-10-10

The use of online communities to promote end user involvement and co-creation in the product and service innovation process is well documented in the marketing and management literature. Whereas online communities are widely used for health care service provision and peer-to-peer support, only little is known about how they could be integrated into the health care innovation process. The overall objective of this qualitative study was to explore community managers' views on and experiences with knowledge co-creation in online communities for people with disabilities. A descriptive qualitative research design was used. Data were collected through semi-structured interviews with nine community managers. To complement the interview data, additional information was retrieved from the communities in the form of structural information (number of registered users, number and names of topic areas covered by the forum) and administrative information (terms and conditions and privacy statements, forum rules). Data were analyzed using thematic analysis. Our results highlight two main aspects: peer-to-peer knowledge co-creation and types of collaboration with external actors. Although community managers strongly encouraged peer-to-peer knowledge co-creation, our findings indicated that these activities were not common practice in the communities under investigation. In fact, much of what related to co-creation, prototyping, and product development was still perceived to be directed by professionals and experts. Community managers described the role of their respective communities as informing this process rather than a driving force. The role of community members as advisors to researchers, health care professionals, and businesses was discussed in the context of types of collaboration with external actors. According to the community managers, most of the external inquiries related to research projects of students or health care professionals in training, who often joined a

Knowledge service decision making in business incubators based on the supernetwork model

Science.gov (United States)

Zhao, Liming; Zhang, Haihong; Wu, Wenqing

2017-08-01

As valuable resources for incubating firms, knowledge resources have received gradually increasing attention from all types of business incubators, and business incubators use a variety of knowledge services to stimulate rapid growth in incubating firms. Based on previous research, we generalize the knowledge transfer and knowledge networking services of two main forms of knowledge services and further divide knowledge transfer services into knowledge depth services and knowledge breadth services. Then, we construct the business incubators' knowledge supernetwork model, describe the evolution mechanism among heterogeneous agents and utilize a simulation to explore the performance variance of different business incubators' knowledge services. The simulation results show that knowledge stock increases faster when business incubators are able to provide knowledge services to more incubating firms and that the degree of discrepancy in the knowledge stock increases during the process of knowledge growth. Further, knowledge transfer services lead to greater differences in the knowledge structure, while knowledge networking services lead to smaller differences. Regarding the two types of knowledge transfer services, knowledge depth services are more conducive to knowledge growth than knowledge breadth services, but knowledge depth services lead to greater gaps in knowledge stocks and greater differences in knowledge structures. Overall, it is optimal for business incubators to select a single knowledge service or portfolio strategy based on the amount of time and energy expended on the two types of knowledge services.

An application-based classification to understand buyer-seller interaction in business services

NARCIS (Netherlands)

Valk, van der W.; Wynstra, J.Y.F.; Axelsson, B.

2006-01-01

Abstract: Purpose – Most existing classifications of business services have taken the perspective of the supplier as opposed to that of the buyer. To address this imbalance, the purpose of this paper is to propose a classification of business services based on how the buying company applies the

Definition of Business Rules Using Business Vocabulary and Semantics

Directory of Open Access Journals (Sweden)

Roman Hypský

2017-12-01

Full Text Available This paper discusses the definition of business rules using business vocabulary and semantics. At the beginning business rules, business vocabulary and semantics of business rules are specified. There is also outlined the current state of research on this topic. Then the definition and formalization of business rules using semantics and business vocabulary is described. Based on these proposed procedures was created a tool that implements and simulate these processes. The main advantage of this tool is “Business Rules Layer”, which implements business rules into the system but is separated from this system. Source code of the rules and the system are not mixed together. Finally, the results are evaluated and future development is suggested.

The Evolution of Network-based Business Models Illustrated Through the Case Study of an Entrepreneurship Project

Directory of Open Access Journals (Sweden)

Morten Lund

2014-08-01

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

Semantic Business Process Modeling

OpenAIRE

Markovic, Ivan

2010-01-01

This book presents a process-oriented business modeling framework based on semantic technologies. The framework consists of modeling languages, methods, and tools that allow for semantic modeling of business motivation, business policies and rules, and business processes. Quality of the proposed modeling framework is evaluated based on the modeling content of SAP Solution Composer and several real-world business scenarios.

Applications of Spatial Data Using Business Analytics Tools

Directory of Open Access Journals (Sweden)

Anca Ioana ANDREESCU

2011-12-01

Full Text Available This paper addresses the possibilities of using spatial data in business analytics tools, with emphasis on SAS software. Various kinds of map data sets containing spatial data are presented and discussed. Examples of map charts illustrating macroeconomic parameters demonstrate the application of spatial data for the creation of map charts in SAS Enterprise Guise. Extended features of map charts are being exemplified by producing charts via SAS programming procedures.

Accounting and reporting in small businesses: managerial aspect

OpenAIRE

Gogol Tatyana A.

2013-01-01

The article states that development of small businesses envisages formation and use of a wide spectrum of economic information for providing managerial structure with timely and quality information, which requires creation of a system of managerial accounting and reporting, which should not contradict to the principle of expenses – benefits relation, when expenses on introduction of such a system would exceed the effect obtained from its functioning. It adds that the main requirements of buil...

THE BASES OF THE MANAGEMENT OF SOCIAL PROJECTS OF BUSINESS

Directory of Open Access Journals (Sweden)

O. B. Zilberstein

2015-01-01

Full Text Available In article on wide material the author opens basic approaches to formation of the theoretical base of management of social projects of business.The purpose of work is generalization of theoretical bases of project management of business which have social character. The logic of a statement of material is under construction as follows. In water part of article authors do the assumption that at the heart of an object of research three basic elements are put: project management, social management and management of social projects. Proceeding from this assumption in work further reasonings are under construction. The main part of article contains three subsections. In the fi rst subsection of article defi nition of the concept «project management» is formulated and methodological approaches to project management (PRINCE2, PERT, the Model Agile, Lean Management, BRM are generalized. In the second subsection the author's understanding of entity of social management is presented and the main techniques of social management are considered, and also the characteristic of methodology of management of social projects is given. In the third subsection the author's concept of entity of management of social projects of business is formulated. In fi nal part of article authors draw a conclusion about the importance of management of social projects of business. This article, fi rst of all, has theoretical and methodological value for formation of eff ective methods and instruments of management of social projects of business, and also for development of the theory and practice of corporate social responsibility.

Business Efficiency - Ranking the Republic of Croatia as a Destination in Regional, European and Global Environment

OpenAIRE

Mladen Verdris; Ruzica Simic

2008-01-01

Since the beginning of this decade, which corresponds to the processes of an accelerated political, social and economic opening to the European and global environment, the Republic of Croatia has become aware of the need for deep reforms to enable the creation of permanently sustained success of its national economy. In this context, the creation of conditions for efficiency in existing business entities, and the shaping of new and effective institutions, is becoming the central question for ...

Designing business charts with Excel based on the standards of HICHERT SUCCESS

CERN Document Server

Gerths, Holger

2014-01-01

This e-book offers a comprehensive range of knowledge for creating professional business charts based on the concept of HICHERT®SUCCESS. Given this knowledge, the SUCCESS rules of designing good business charts can be followed easily. This training is based on one complex example. The tips and trick learned can be transferred to other Excel chart types easily. Contents: Introduction to the HICHERT®SUCCESS design rules.Tips and tricks for Excel 2003 and 2007/2010.Comprehensive trai

Setting the frames for transformation towards authentic leadership and co-creation

DEFF Research Database (Denmark)

Darsø, Lotte

2014-01-01

This chapter presents a new educational approach for developing authentic leadership and co-creation based on Theory U. The main arguments are that authentic leadership and co-creation develop together and cannot be taught through lecturing. Leaders must themselves experience going through the U...... appropriately to provide encouragement for co-creation. These arguments are sustained by empirical material and practical examples from an executive master education....

Towards the Development of Web-based Business intelligence Tools

DEFF Research Database (Denmark)

Georgiev, Lachezar; Tanev, Stoyan

2011-01-01

This paper focuses on using web search techniques in examining the co-creation strategies of technology driven firms. It does not focus on the co-creation results but describes the implementation of a software tool using data mining techniques to analyze the content on firms’ websites. The tool...

Mechanisms of innovative self-development of regional business school

Directory of Open Access Journals (Sweden)

Anatoliy Viktorovich Molodchik

2013-09-01

Full Text Available Within the modern version of «Management 2.0» the approaches to the development of nonlinear starting mechanisms and maintenance of innovative self-development of organization on the example of regional business school are considered. It is noted that there are some possible models of behavior of regional business school among which the model focused on the activation of internal sources of development of the organization and its readiness to act as an infrastructure element of initiation of the self-development processes on the basis of openness, subjectivity and partnership. The business landscape of points of revitalization, results of initiation of activity and partnership form with the central concerned parties is offered. The effective partnership with science, authority, professional associations and business allows to create essentially new decisions for customer satisfaction. So, partner interaction with the client organizations is presented by new technology of joint creation of values in the form of project-focused training of innovative leaders and criteria of an assessment of its strategic productivity. The strategy of cultivating of mechanisms accepted by business school — attractors of innovative self-development is aimed at the formation of organization developing business — models of the new type typical for «2C-systems» (self-development and self-organizing systems.

The concept of development of management of small business based on institutional reforms

OpenAIRE

Umarhodjayeva M.

2018-01-01

The development of small business management on the basis of theories based on theories of old institutionalism and new institutionalism, its theoretical and methodological analysis and its institutional framework for modern management. From the point of view of contemporary management, the concept of the impact of institutional factors on the development of small business on the issues of organizational business structures, the impact of economic infrastructures on the basis of evolution...

The key drivers and challenges of Business-NGO partnerships in creating sustainable innovation

DEFF Research Database (Denmark)

Lodsgård, Lise; Aagaard, Annabeth

2014-01-01

A growing body of research emphasizes the potentials of business-NGO partnerships (BNP’s) in developing sustainable innovation. However the business-NGO literature is still at an early stage of development and shrouded in rhetoric with dominant articulations and anecdotes with a lack of empirical...... evidence. One of the main challenges of studying sustainable innovation relates to the fact that there is no established definition and mapping of drivers and internal and external challenges of these collaborations. The observations above and the gab in literature point to the theoretical and empirical...... relevance of exploring business-NGO partnerships in the creation of sustainable innovation. The findings and contributions of this theoretical study are an identification and modeling of six archetypes of Business-NGO partnerships in creating sustainable innovation. Through an exploration of characteristics...

FORMATION OF THE PROJECT CONCEPT OF START PRE ACCELERATOR BY WAY OF BUSINESS MODEL BUILDING

Directory of Open Access Journals (Sweden)

Роман Васильович ФЕЩУР

2016-02-01

Full Text Available We have described the concept of the project of enterprise functioning, the main activity of which is the creation and implementation of training programs at the pre-investment stage and commercialize creative startups to represent them in the form attractive to investors. We also formed a flexible business model of enterprise-operator pre-accelerator at the base of Template A. Osterwalder. We have discovered the essence of the value proposition of enterprise-pre-accelerator. The company interaction with customers, among the main ones is: holders of startups, coworking, outsourcing companies, universities, "business angels" and sponsors were described. We have disclosed the role of human resources that create and convey to customers information about developed valuable suggestions. The basic activities of created business - production, customer satisfaction and building a platform (network were given. The risks of the project were found and their quantitative assessment was given. We noted that the successful implementation of each startup provides the appearance of not only economic but also social impact - creating new jobs, workers are provided with decent wages.

The Fundamentals of a Business Model Based on Responsible Investments

Directory of Open Access Journals (Sweden)

Vadim Dumitrascu

2016-03-01

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.

Consumer Participation in Co-creation: An Enlightening Model of Causes and Effects Based on Ethical Values and Transcendent Motives

Science.gov (United States)

Martínez-Cañas, Ricardo; Ruiz-Palomino, Pablo; Linuesa-Langreo, Jorge; Blázquez-Resino, Juan J.

2016-01-01

In the current highly interconnected modern world, the role of consumers has changed substantially due to their active collaboration with companies in product and process innovation. Specifically, consumer participation has become key to the development of successful products and services, as companies have come to rely more and more on consumers' opinion as a source of innovative ideas and brand value. However, whereas existing research has focused on identifying the different elements involved in consumers' co-creation, there is still the need to comprehend better this complex mechanism by integrating distinct dimensional insights. With an integrative review of research into three important perspectives, one nurturing from the Service-Dominant logic, another one based on the information and communication technologies (ICTs) platforms, and (the ethical values-driven) Marketing 3.0 paradigm, this article proposes a conceptual framework in which consumers' ethical values and transcendent motivations play an important role in encouraging their engagement in co-creation activities. In this connection, and with consumers increasingly embracing the need to fulfill a social and ethical function in society, the co-creation process is here comprehended as a means to emphasize the social and moral aspects of co-creation. This article also identifies the important, supportive role of the Marketing 3.0 paradigm and Web 3.0 tools to initiate the co-creation process, as well as the important valuable benefits attained by both companies and consumers after consumers engage in this process. Importantly, these benefits are highlighted to increase when ethical products are the object of these co-creation activities. All these insights have notable implications for both research and managerial practice. PMID:27303349

Consumer Participation in Co-creation: An Enlightening Model of Causes and Effects Based on Ethical Values and Transcendent Motives.

Science.gov (United States)

Martínez-Cañas, Ricardo; Ruiz-Palomino, Pablo; Linuesa-Langreo, Jorge; Blázquez-Resino, Juan J

2016-01-01

In the current highly interconnected modern world, the role of consumers has changed substantially due to their active collaboration with companies in product and process innovation. Specifically, consumer participation has become key to the development of successful products and services, as companies have come to rely more and more on consumers' opinion as a source of innovative ideas and brand value. However, whereas existing research has focused on identifying the different elements involved in consumers' co-creation, there is still the need to comprehend better this complex mechanism by integrating distinct dimensional insights. With an integrative review of research into three important perspectives, one nurturing from the Service-Dominant logic, another one based on the information and communication technologies (ICTs) platforms, and (the ethical values-driven) Marketing 3.0 paradigm, this article proposes a conceptual framework in which consumers' ethical values and transcendent motivations play an important role in encouraging their engagement in co-creation activities. In this connection, and with consumers increasingly embracing the need to fulfill a social and ethical function in society, the co-creation process is here comprehended as a means to emphasize the social and moral aspects of co-creation. This article also identifies the important, supportive role of the Marketing 3.0 paradigm and Web 3.0 tools to initiate the co-creation process, as well as the important valuable benefits attained by both companies and consumers after consumers engage in this process. Importantly, these benefits are highlighted to increase when ethical products are the object of these co-creation activities. All these insights have notable implications for both research and managerial practice.

Schwinger pair creation of Kaluza-Klein particles: Pair creation without tunneling

International Nuclear Information System (INIS)

Friedmann, Tamar; Verlinde, Herman

2005-01-01

We study Schwinger pair creation of charged Kaluza-Klein (KK) particles from a static KK electric field. We find that the gravitational backreaction of the electric field on the geometry--which is incorporated via the electric KK-Melvin solution--prevents the electrostatic potential from overcoming the rest mass of the KK particles, thus impeding the tunneling mechanism which is often thought of as responsible for the pair creation. However, we find that pair creation still occurs with a finite rate formally similar to the classic Schwinger result, but via an apparently different mechanism, involving a combination of the Unruh effect and vacuum polarization due to the E-field

What the new economy means for the oil business

International Nuclear Information System (INIS)

Kopeck, J.

2001-01-01

The value-creation opportunities associated with electronically transforming old economy sectors, particularly oil and gas companies, was discussed. Traditional businesses that use Internet technology extensively can shift their strategic perspective to an e-business perspective where required physical capital and working capital is very low, and where focus on product capital can be the greatest. This new strategy creates a more efficient and dynamic company with potential for long-term competitive advantages. Many oil companies have moved forward with implementing the needed technology and management infrastructure for e-business. Electronic transformation through a meta-capitalism perspective offers oil companies a great opportunity to create exceptional shareholder value. Some graphs showed that integrated oil companies have under-performed the Standard and Poors 500 even as they aggressively reduce their cost structures. The reinforcing dynamics between the responses from the integrated oil companies are creating the basis for an accelerated change of pace. The efforts that Texaco, Chevron, Shell and BP have made to move forward with e-business initiatives were highlighted. 8 figs

Analysis on the Metrics used in Optimizing Electronic Business based on Learning Techniques

Directory of Open Access Journals (Sweden)

Irina-Steliana STAN

2014-09-01

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.

Metrics for value creation in a sustainable knowledge society

Energy Technology Data Exchange (ETDEWEB)

Huovila, P., Email: pekka.huovila@vtt.fi

2012-06-15

This paper highlights the need to create potential value metrics for sustainable neighbourhoods, capable of working simultaneously at a variety of spatial scales for different stakeholders (multi-scalar reciprocity), moving from top-down imposed metrics towards bottom-up formulated ones. Metrics for Value Creation should be constituted using different approaches. One dimension is the built environment, where the present rating schemes focus on the environmental impact of the use of buildings, namely energy use. Another dimension is the corporate aspect, where triple bottom line reporting also emphasises environmental and social issues, but the discursive civic square environment risks domination by economic sustainability of the production and growth-oriented business environment. The third dimension is the city itself with its social networks, concerning indicators for employment and crime, for example. The fourth dimension aims to measure the quality of life of individual citizens, which is not easy to define. At present, all four approaches are used separately without interoperability between the systems. Current environmental rating schemes, such as BREEAM, CASBEE, Green Star, HQE, LEED, PromisE, etc. are able to structure the processes of setting objectives, monitoring the process and assessing the state of buildings by some simple indicators. Mostly they focus on resource use and environmental impacts, but also cover some performance parameters, such as indoor environmental quality or aspects of accessibility. However, they are not contributing to the objectives of value creation in a knowledge society. This paper discusses major limitations of current sustainability indicator sets and rating tools. Finally, it describes a new approach to value metrics for sustainable neighbourhoods, using the LivingLab approach. This is a user-centric multidisciplinary research approach and a user community-driven innovation based on real-life experiments. The benefits of

Understanding the IT/business partnership - a business process perspective

DEFF Research Database (Denmark)

Siurdyban, Artur

2014-01-01

From a business process perspective, the business value of information technologies (IT) stems from how they improve or enable business processes. At the same time, in the field of strategic IT/business alignment, the locus of discussion has been how IT/business partnerships enhance the value of IT....... Despite this apparent relationship, the business process perspective has been absent from the IT/business alignment discussion. In this paper, we use the case of an industrial company to develop a model for understanding IT/business partnerships in business process terms. Based on our findings, we define...... these partnerships by allocating responsibilities between central IT and the local business during two stages of a process lifecycle: formation and standardization. The significance of the findings lies in how the model’s configuration leads to different types of IT units’ process centricity. This in turn affects...

Communities-business models and system architectures: the blueprint of MP3.com, Napster and Gnutella revisited

OpenAIRE

Lechner, U.; Schmid, Beat

2001-01-01

Information and communication technology opens up an unprecedented space of design options for the creation of economic value. The business model "community" and the role "community organizer" are determined to become pivotal in the digital economy. We argue that any online business model needs to take communities and community organizing in the design of communication and the system architecture into account. Our discussion is guided by the media model (Schmid, 1997). We characterize the rel...

Business Intelligence Approach In A Business Performance Context

OpenAIRE

Muntean, Mihaela; Cabau, Liviu Gabriel

2011-01-01

Subordinated to performance management, Business Intelligence approaches help firms to optimize business performance. Key performance indicators will be added to the multidimensional model grounding the performance perspectives. With respect to the Business Intelligence value chain, a theoretical approach was introduced and a practice example, based on Microsoft SQL Server specific services, for the customer perspective was implemented.

Getting governance right for a sustainable regionalised business model.

Science.gov (United States)

Laurence, Caroline O; Black, Linda E; Rowe, Mark; Pearce, Rod

2011-06-06

The 1998 Ministerial Review of General Practice Training identified several areas for improvement that led to major changes in the provision of general practice training, including the establishment of General Practice Education and Training (GPET) and the regionalisation of training. The regionalised training business model has been in place for nearly 10 years, and several key organisations have been involved in its evolution, including the Australian Government, speciality colleges, GPET and regionalised training providers. Both the college-focused and regionalised-focused models have had some successes. These include recognition and support of general practice as a vocational specialty, increased numbers of junior doctors undertaking placements in general practice, and increased numbers of registrars training in rural areas. This period has also seen changes in the governance and decision-making processes with creation of a new framework that is inclusive of all the key players in the new regionalised training system. The future holds challenges for the regionalised training business model as the general practice education and training landscape becomes more complex. The framework in the current model will provide a base to help meet these challenges and allow for further sustainable expansion.

Human resource development contributes to the creation of outstanding regenerative medicine products

Directory of Open Access Journals (Sweden)

Fusako Nishigaki

2017-12-01

Full Text Available Regenerative medicine is currently the focus of global attention. Countries all around the world are actively working to create new regenerative treatment modalities through pioneering research and novel technologies. This is wonderful news for patients who could not be treated with existing medical options. New venture businesses and companies are being established in regenerative medicine and their rapid industrialization is anticipated. However, to ensure high-quality products, human resources qualified in research and development and the manufacturing of these products are essential. The Forum for Innovative Regenerative Medicine (FIRM conducted a questionnaire of its industry members to examine the training and hiring of people in research and development, product creation, manufacturing, and more. Regenerative medicine is a brand new field; thus, many different businesses will need to cooperate together. People with a broad range of technical skills, abilities, and knowledge will be in demand, with various levels of expertise, from basic to advanced.

Application of Business Intelligence System in Company Restructuring Process: The Case of Croatia

Science.gov (United States)

Bakula, Iva; Curko, Katarina; Bach, Mirjana Pejic; Vukšic, Vesna Bosilj

2016-01-01

After Croatian accession to the EU, Croatian companies have faced tough competition and all other challenges posed by doing business in open markets. These companies must increase competitiveness and take their position on developed globalized markets through differentiation of their products and services and/or creation of cost advantage. For…

One size does not fit all - understanding the front-end and back-ens of business model innovation

DEFF Research Database (Denmark)

Günzel, Franziska; Holm, Anna B.

2013-01-01

Business model innovation is becoming a central research topic in management. However, a lack of a common understanding of the nature of the business model leads to disregarding its multifaceted structure when analyzing the business model innovation process. This article proposes a more detailed...... understanding of the business model innovation process by drawing on existing knowledge from new product development literature and examining the front-end and the back-end of business model innovation of three leading Danish newspapers. We studied how changes introduced during the development of digital news...... production and delivery have affected key components of these business models, namely value creation, proposition, delivery and capture in the period 2002–2011. Our findings suggest the need to distinguish between front-end and back-end business model innovation processes, and to recognize the importance...

Cloud-based Collaborative Business Services Provision

NARCIS (Netherlands)

Camarinha-Matos, L.M.; Afsarmanesh, H.; Oliveira, A.I.; Ferrada, F.; Hammoudi, S.; Cordeiro, J.; Maciaszek, L.A.; Filipe, J.

2014-01-01

The notion of service-enhanced product, representing the association of services to manufactured products, offers an important mechanism for value creation and product differentiation. This is particularly relevant in the case of complex, highly customized and long-life products. Provision of