Discussion
Started 4 September 2018

What could be an interesting research topic in the fields of value co-creation and business-model-development?

(in combination with new technology)

Most recent answer

Firas Saadallah Raheem
University of Baghdad
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All replies (10)

Nanda Gopal Loganathan
PSG College of Technology
The new innovative ideas a key strategy for business model development
Siwarit Pongsakornrungsilp
Walailak University
You might think about how to make value proposition work in consumer perspective. It’s an important part for start up.
1 Recommendation
Yasir Shahab
Xijing University
You can explore one of the most important topics these days i.e. crowdfunding. This alternate mode of financing to support start ups and technological projects has gained immense importance in the recent years. For start, you can check this short paper on crowdfunding.
Thanks
Geoffrey Aerts
Vrije Universiteit Brussel
A very interesting topic could be how software that is developed through open sources instruments by university researchers can still lead to business models that generate a return to the university. If you come up with some, then please let me know. Sincerely, Geoffrey
1 Recommendation
Ju Lia
Fachhochschule Sankt Pölten
Thanks for your answers so far.
Any suggestions for the combination of business-model-development with new technology like blockchain/augmented-reality/wearables...?
Geoffrey Aerts
Vrije Universiteit Brussel
Well the beauty of new tech is that it usually can be used for a bunch of new models. Hence I would suggest focussing on one technology and then comparing the different models that fit. Or by looking at existing models and looking how this may a apply to a certain technology.
1 Recommendation
Rubén Corvalán
National University of the Northeast
Podrias crear un modelo para el reconocimiento y validacion de las startups u otras empresas de base tecnologica.
2 Recommendations
Santoso Santoso
National Dong Hwa University
Ju La, we have almost similar research, the answers from our friends are really valuable, unfortunately, i am stuck on the measurement of it, anyone could help please?
Dariusz Prokopowicz
Cardinal Stefan Wyszyński University in Warsaw
Dear Ju Lia,
The current fourth technological revelation, known as Industry 4.0, is motivated by the development of the following factors:
- artificial intelligence,
- cloud computing,
- machine learning,
- Big Data database technologies,
- Internet of Things.
In connection with the above, scientific research on the analysis of the development of the above and other related technologies and information processing technologies may provide interesting results. These studies may concern attempts to determine the determinants of the development of these technologies and to forecast the directions of development of the current technological revolution in the subsequent years of the 21st century.
I invite you to the discussion.
1 Recommendation
Firas Saadallah Raheem
University of Baghdad
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What are the business success factors of fast-growing startups basing their success on technological innovation?
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What are the business success factors of fast-growing startups rapidly building their manufacturing potential, conquering new markets, effectively occupying new market niches, achieving spectacular financial results, etc. basing their success on technological innovations?
One of the important factors in the business success of fast-growing startups basing their success on technological innovations is the efficient and cost-effective implementation of specific new technologies into the manufacturing, business and other processes realized in companies, enterprises and other business entities. However, in addition to the issue of efficient and economically effective implementation of specific new technologies into the business activities of companies and enterprises, there are many other important factors for the business success of fast-growing startups rapidly building their manufacturing potential, conquering new markets, effectively occupying new market niches, achieving spectacular financial results, etc. that base their success on technological innovations. Such factors include, among others, management efficiency and flexibility in adapting the business entity to the changing conditions of the economic, market, competitive environment, etc. The availability of various, convenient forms of external financing for the startup's current and investment activities; more or less favorable towards startups and other business entities of the SME sector economic policy shaped by the government; the activities of chambers of commerce, public institutions, non-governmental organizations supporting the development of innovation and entrepreneurship of companies and enterprises at an early stage of development; opportunities to join business organizations, cooperatives, clusters or other forms of cooperation involving mutual support of various developing business entities and institutions, etc.
I am conducting research on this issue. I have included the conclusions of my research in the following article:
In view of the above, I address the following question to the esteemed community of scientists and researchers:
What are the business success factors of fast-growing startups rapidly building their manufacturing potential, conquering new markets, effectively occupying new market niches, achieving spectacular financial results, etc. basing their success on technological innovations?
What are the business success factors of fast-growing startups basing their success on technological innovations?
What do you think about this topic?
What is your opinion on this issue?
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Thank you very much,
Best wishes,
Dariusz Prokopowicz
The above text is entirely my own work written by me on the basis of my research.
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What are the uses of ChatGPT in the business of companies and enterprises operating in the SME sector?
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  • Dariusz ProkopowiczDariusz Prokopowicz
Can ChatGPT be used in conducting market and other analyses that are helpful in managing a business entity?
What could be other applications of generative artificial intelligence, the ChatGPT language model or other similar artificial intelligence technologies in the business of companies and enterprises operating in the SME sector?
Currently and prospectively, generative artificial intelligence, a ChatGPT-type language model, is finding various applications helpful in analyses carried out for business purposes. ChatGPT can be helpful, for example, in quickly drawing up a competitive analysis against a specific company, enterprise, start-up or other type of business entity. This kind of real-time analysis can be helpful in the effective management of a business entity. However, an issue for the time being may be the outdatedness of the data and information contained in the database that ChatGPT uses to answer questions. The aforementioned database is a kind of Big Data database built from data and information collected from a selection of multiple websites, but not now only in 2021. Large corporations, including large technology companies, have the financial capacity to create research and development departments within their company structures, where they develop technological innovations, new technologies, technology standards, etc., in order to be technologically at the forefront and maintain their strong position in specific markets. Consequently, large technology companies also have an interest in ensuring that emerging new technologies and innovations are quickly incorporated into their business. This also applies to the currently developing Industry 4.0 technologies, including machine learning, deep learning and artificial intelligence. On the other hand, companies and enterprises operating in the SME sector, including above all micro-enterprises and start-ups, have much more limited financial possibilities to finance the creation of research and development departments within their organisations, where new technologies, innovations and technological standards would be created. Of course, SME companies are also interested in incorporating new technological solutions and innovations into their businesses. However, the new technologies that they implement are not mainly the result of their research activities, but are bought and then implemented as ready-made solutions, already proven technologies or patents applied in other companies. However, some technological solutions for new technologies and/or specific applied and open-access technological solutions for information Internet services are also available for use by companies and enterprises operating in the SME sector already in the early stages of business development and with relatively small financial investments. For example, these are the Internet-accessible new online media, social media and online information services offered by large Internet-based technology companies, which have created specific standards in the implementation of certain Industry 4.0 technologies and have established a strong position in the market for certain online information and other services. Consequently, the currently rapidly developing artificial intelligence technology, including specific solutions of it made available on the Internet such as ChatGPT, can be used in specific business development support applications by various types of business entities, including companies and enterprises in the SME sector. For example, ChatGPT can be used in carrying out market and other analyses that are helpful in managing a business entity also operating in the SME sector. However, the applicability of both this kind of shared technological tool, a kind of language model of generative artificial intelligence made available on the Internet under an open access formula, and other technological solutions of artificial intelligence, which will probably soon be offered by the technology companies creating them, is much greater.
In view of the above, I address the following question to the esteemed community of scientists and researchers:
What are the applications of ChatGPT in the business of companies and enterprises operating in the SME sector?
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What could be other applications of generative artificial intelligence, the ChatGPT language model or other similar artificial intelligence technologies in the business of companies and enterprises operating in the SME sector?
What is your opinion on this topic?
What is your opinion on this subject?
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Thank you very much,
Best wishes,
Dariusz Prokopowicz

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