Science topic

Business Models - Science topic

A business model describes the rationale of how an organization creates, delivers, and captures value (economic, social, or other forms of value). The process of business model construction is part of business strategy.
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Hello,
I have a background in sustainable business model innovation / circular economy but have spent the last 5 years or so working on a project focused on airport noise management. I am looking to get up to speed on what I might have missed and I'm wondering what people think is the essential academic literature on these themes in the past 5 years or so.
Any advice much appreciated!
Thanks,
Graeme
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Hi Graeme,
Here below are some great links of journal papers published during the last 5 years discussing your research interest, hope this helps, good luck with your future enterprises.
Best wishes,
Sofiane
1. A definition and theoretical review of the circular economy, value creation, and sustainable business models: where are we now and where should research move in …
T Lahti, J Wincent, V Parida - Sustainability, 2018 - mdpi.com
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Blockchain is one of the most influential technologies of the last century, a century that has the potential to disrupt business models in a wide range of industries such as finance, supply chain management, logistics, business, value creation and basic tasks such as marketing, accounting. has it
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Blockchain technology is not only changing the way digital marketers buy ads; it's also providing new opportunities for small businesses. The security, transparency and convenience of blockchain will change how companies do business online – including making their social responsibility more apparent to customers.
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Dear researchers,
Do you have experience on digitisation of urban energy system? If so, please leave some comments on below three questions. Many thanks!
  1. What are the limitations of digitisation of urban energy system in your projects, from aspects of data, coordination, capacity, finance, risks and so on.
  2. What are the feasible business models derived or based on digitisation of urban energy system in your projects?
  3. What are the main barriers for digitisation of urban energy system in your projects, and what are potential solutions?
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Many thanks@Deep for your comments. They're all in line with our knowledge in house. Would appreciate if there's more specific challenge or gap etc.
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What are the main papers related to the freemium business model (in the perspective of gaming industry, especially MMORPG)?
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https://www.researchgate.net/publication/358008606_Customers'_Retention_on_Freemium_Platforms_-_An_Empirical_Analysis_of_the_Factors_Influencing_the_Termination_Rate
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Hi there, I am submitting my topic for my masters thesis next week and after lots of research I am interested in doing de-internationalization. I feel this is a relevant topic due to COVID-19 and Brexit. I am interested in doing qualitative research with a case study approach (either single/multiple).
The following are my potential research questions.
Benefits/downsides of de-internationalization?
What are the implications of de-internationalization on the firm’s business model?
Which parts of the firm’s business model are affected most, how and why by de-internationalization?
I am however struggling on what industry to investigate and I feel I need to find a scope on how to make it more concise as since it is only a masters thesis. Any suggestions/feedback would be great appreciated. Thanks!
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J. Rafiee
Thank you for your detailed response. I looked into the company you suggested and I think they would be an interesting study to undertake. I appreciate your feedback and comments. When you say that the topic and questions are too difficult, do you think this is too much of a broad subject for a master's thesis?
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Sustainability transitions and business models for sustainability to offer new insights into how business model innovation may act as a catalyst for system-wide sustainability transitions.
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Check...
Article Value Cycles for Development Outcomes
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Hello,
i don't quite understand what difference there is between the term business logic and business model. Are they used synonymously? I know of only one source that says a business model is a business logic when the supply, value creation, marketing and revenue are aligned from a theoretical perspective. Accordingly, one speaks of supply logic, value creation logic, marketing logic and revenue logic.
Is this correct?
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As I see it, business logic is the way in which the organisation gathers and analyses information that will enable decision makers to implement the business model. i.e. ensure that the decisions taken are supported by information -- the effectiveness of the model can be measured.
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How does business model of a firm influence its organizational structure? Any pointers are highly appreciated. Thanks a lot.
Does the business model get defined based on the structure? I doubt it, but just checking for any exceptions.
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You are probably familiar with the famous 'structure follows strategy' claim, coined by Chandler (1962). Let me then add 'strategy follows business model'. Hence, 'structure follows strategy, which follows business model'. So the organizational structure is contingent on the choices you make to win, which are in turn shaped by the business model you have previously chosen.
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What kind of scientific research dominate in the field of Business Intelligence?
What are the important topics in the field: Business Intelligence?
Business entity management processes are more and more often supported by computerized Business Intelligence platforms that facilitate multi-criteria analysis and reporting.
Probably in the future, the business analyst will be supported by artificial intelligence.
It would be a great advance in the field of automation and objectification of multi-criteria economic analyzes of business entities.
Complex, multi-criteria analyzes regarding the verification of large companies' operations require aggregation and analytical processing of large data sets in Big Data database systems.
However, in what direction will technological progress be realized in this field?
In the future, as part of the progressing computerization of analytical processes, it will be possible to implement artificial intelligence to the processes of analyzing large collections of information collected in Big Data database systems.
Apparently, we are now living in the era of the fourth technological revolution, known as Industry 4.0.
The previous three technological revolutions:
1. The industrial revolution of the eighteenth and nineteenth centuries, determined mainly by the industrial application of the invention of a steam engine.
2. Electricity era of the late nineteenth century and early twentieth century.
3. The IT revolution of the second half of the twentieth century determined by computerization, the widespread use of the Internet and the beginning of the development of robotization.
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.
On the basis of the development of these IT instruments and technologies, business analytics of companies such as Business Intelligence and the above-mentioned areas have been dynamically developing in recent years.
In view of the above, I turn to you with the following question: In what direction will the current technological revolution, known as Industry 4.0, develop?
Please, answer, comments. I invite you to the discussion.
Dear Colleagues and Friends from RG
Some of the currently developing aspects and determinants of the applications of data processing technologies in Big Data database systems are described in the following publications:
I invite you to discussion and cooperation.
Best wishes
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Mutual trust and respect.
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What kind of scientific research dominate in the field of Ethics and good practices in business?
Please, provide your suggestions for a question, problem or research thesis in the issues: Ethics and good practices in business.
Please reply.
I invite you to the discussion
Best wishes
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Dear Raya Al-Naimi,
Yes, that's right. Ethics is a set of rules, written or unwritten, that can be of significant importance to consumers of products and services. If this is the case, then producers, service providers, traders take these issues into account in running their enterprises, companies, etc.
Thank you, Regards,
Dariusz Prokopowicz
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Edupreneurship is the connection between digital education, teacher training and entrepreneurship. When teachers begin to develop their own educational practice with the mindset and methods of an entrepreneur, new forms of teaching will emerge. These teaching innovations will leave the classroom and lead to new educational products or business models, because entrepreneurs want to sell and disseminate their ideas. The education system is being renewed from within. Unfortunately, there are hardly any studies or concepts on edupreneurship. Can you help? I am looking for suggestions, projects or literature on this topic.
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Might be slightly off topic. Please see the paper below on implementing digital training in manufacturing. Interestingly, we have started doing the classroom based training again but utilise the digital training as a prerequisite to classroom based training, so that we can gauge the overall understanding the individuals already have prior to the classroom based learning approach.
I suppose this is an example of what you are talking about. We looked at what educational institutes were doing, during the pandemic to teach students. We had a similar issue as we didn't want to put on classroom based training due to the close quarters environment associated with classroom based learning so in the short term created digital training which can be utilised anywhere i.e. home, office, shop floor and at any time.
Hope this might be of some use.
Best Regards
Martin
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In which areas of economic activity, in which branches of the economy, what offer of products or services is currently offered in your country the most startups or other small companies, enterprises from the SME sector?
Please reply
Best wishes
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In recent years, in the country in which I operate, there are many startups operating in new ICT information technologies, in the use of Industry 4.0 technology and engineering technologies for the production of components and prefabricates, etc. In addition, many startups are also created in the field of e-commerce, selling various products via the Internet, and providing new information services on smartphones. And in which sectors, branches of the economy and / or fields of economic activity are many startups established in your country?
Please reply,
Thank you,
Regards,
Dariusz Prokopowicz
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In my opinion, the scope and possibilities of business cooperation with the world of science are constantly growing, especially in the areas of technical sciences, biotechnology, energy, materials science, information technology, ecology, etc. and in the development of innovations, patents and inventions created in various fields of technology, technology, etc.
Do you agree with me on the above matter?
In the context of the above issues, the following question is valid:
Does the scope and possibilities of business cooperation with the world of science increase or decrease?
Please reply
I invite you to the discussion
Thank you very much
Best wishes
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Hi Dr Dariusz Prokopowicz . It increases continuously with time.
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I am currently investigating the topic of internet business models , in particular internet intermediaries. The details that i cam across so far are a bit outdated and i appreciate any direction to modern literature and also framework and models to shape outcomes in this area.
Regards
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Dear Network, I am currently writing my master thesis on the impact of COVID-19 pandemic on business model innovation. Watch the video for a brief summary of what to expect: http://tiny.cc/6zy9uz.
I am reaching out to you as I need your support! I am conducting a survey (language: English, German) for which I need participants. I am looking for people from top management, innovation and R&D managers or people who otherwise have an influence on their company's innovation activities.  The survey will take max 10 min and I am eternally grateful, plus I will send you the results if you like. I hope you will help me to complete my thesis successfully.
Start SURVEY: http://tiny.cc/5zy9uz Thanks a million and best regards, Teresa Reidt
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Dear Ms. Reidt!
I am a HUN& FIN researcher of supply chain management education. I have filled in your questionnaire: you are welcome! Please see here below further resources you may find useful:
1) Elias Pekkola, Taru Siekkinen, Emmi-Niina Kujala, Jari-Pekka Kanniainen & Harri Laihonen (2021): An assessment of COVID-19’s impact on Finnish University Leadership, Knowledge Management Research & Practice, DOI: 10.1080/14778238.2021.1906773 Free access:
2) Andrea S. Patrucco et al. (2021). The impact of Covid-19 on innovation policies promoting Open Innovation R&D Management, Early View, 23 July, 2021, Free access: https://onlinelibrary.wiley.com/doi/full/10.1111/radm.12495
3) LUT University (2021). Education project: Open Innovation Platform for University–Enterprise Collaboration: new product, business and human capital development (OIPEC), Start date: 01.01.2018, Please contact: Prof. Marko Torkkeli - marko.torkkeli@lut.fi You can see further details at: https://research.lut.fi/converis/portal/Project/10345831?auxfun=&lang=en_GB
Yours sincerely, Bulcsu Szekely
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What research data is available/known (e.g. papers, surveys, simulations, data sets, etc.) on modelling a Business Enterprise finances (Microeconomics) based on mapping its Financial Elements (like Asset, Debt, Equity, Income, Expenses, etc.) to the concepts of natural laws of Physics (like Mass, Energy, Force, Momentum etc.)?
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Thank you Mr. Gruenwald, there have already been developed several methods on applying statistical physics on stock market. But that´s not what I am inquiring. The question here aims at researches on modeling and managing the financials of a Corporate Enterprise (focusing on microecomics company, not on macroeconomical financial markets) based on laws and concepts from natural Physics (e.g. by defining rules corresponding to those, setting-up contracts accordingly, measuring KPIs referenced to those, establishing governance appropriately, etc. ...).
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From the realm of strategic management - is it still the golden standard to analyze the indust using Porter’s 5 Forces, then using this to select a “generic strategy” I.e: cost-leadership strategy, differentiation strategy, or focus strategy? Or within today’s world of digital business models and blended markets, are there different ways of analyzing and then electing a corporate strategy?
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Porter 5 Forces Model, has been adapted to 6/7/8 forces, but the essence of the model is still extant in most Strategic Management books. In fact, all other models should be used holistically to identify the Strategic SWOT of the Organization. Porter 5 Forces or 6/7 Forces in addition to PEST, Industry/Competitors' Analysis adds strength to identifying the O&Ts in the Strategic SWOT. In fact, all the additional new changes in technologies, workplace environment, Types of leaderships/motivational/engagements theories adds to the composition of a SWOT. The Strategic SWOT coupled with the Ansoff Model in weighting/scoring will facilitate identifications of key areas in SWOT to mitigate/strengthen/upgrade to develop organizational competencies. So in summary I will not say Porter's or for that matter, all other models should be adapted/coupled to get the most appropriate within the context of organization/industry.
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Dear Colleagues,
Which biases / measuring errors do I have to address when doing a survey, where the independent & dependent variable is collected via the same questionnaire from one person?
I already addressed common method bias by integrating a marker variable.
In particular any other biases / measuring errors I can address when setting up the questionnaire (like the remedy for common method bias with the marker variable)
Many thanks in advance!!
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It is unavoidable to have biases in our research. However, as long as we mention our limitations and define the scope of bias in our study, good research may impact our learning community.
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What are your thoughts about the CE model and how has the adoption of this business model contributed positively or negatively to homes, firms or countries most especially during the pandemic.
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The CE model is the only way we have as a society to balance the complex equation of accomplishing profit and sustainable development with minimal environmental harms, which have proved to have the power to cause a global pandemic. We must stop underestimating the effect we have on the environment and how it responds to us.
The adoption of this model has made a full positive contrbution to homes, firms and countries during the pandemic: the adoption of this model brought a decisive, fundamental structural change to the dynamics of how we live and how we run businesses in favour of a more sustainable world. It will all depend on people habits, firms strategies and government policies to make it work successfully in order to prevent the potential generation of new global crisis.
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Does the development of data processing technology in Big Data database systems and other technologies developed in the field of technological revolution Industry 4.0 generate new business management concepts?
At present, in the age of the technological revolution known as the 4.0 industry, new technology management or Internet-based companies are emerging.
The technological revolution in recent years, known as Industry 4.0, is motivated by the development of the following factors:
Big Data database technologies, cloud computing, machine learning, Internet of Things, artificial intelligence.
Added to this is the development of data processing analytics in Business Intelligence enterprises, the development of life science technologies, biotechnology, eco-innovation, energy, medical intelligence, etc.
On the basis of the development of the new technological solutions mentioned in recent years, the processes of innovatively organized analyzes of large information collections gathered in Big Data database systems dynamically develop.
In the context of this problem, many questions arise:
What other technological improvements, innovative organizational, technical and IT solutions will be developed in the future based on the development of the above-mentioned factors?
What kinds of innovations will be able to be created in the coming years, in the future based on the integration of the above-mentioned main determinants of the development of the current technological revolution known as Industry 4.0?
What kind of new categories of added value may be created in the future if the above-mentioned technological solutions are more involved in the creation of biotechnological, ecological, product and other innovations.
Will new technologies be created in this way, with the help of which it will be possible to generate solutions to the problems of excessive exploitation of Earth resources in the process of civilization development?
Do business management processes play a particularly important role in the context of the effective functioning of business entities in currently developing economies based on knowledge, information and technology?
Is e-management a new concept of managing virtual enterprises or rather managing online technology companies?
Are new management concepts of innovative enterprises and start-ups based mainly on knowledge, information, entrepreneurship and creation of innovations?
Does the development of data processing technology in Big Data database systems and other technologies developed in the field of technological revolution Industry 4.0 generates the emergence of new business management concepts?
Please reply. I invite you to the discussion
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Dear Hermann Gruenwald,
Thank you very much for your response. Your answers are always very valuable, inspiring, factually accurate and bringing great added value to our discussions.
Thank you, Best wishes,
Dariusz Prokopowicz
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Much has been said and written about microgrid, but there is still no clarity on what the business model and the legal framework that make them viable should be. Within this new scenario, what will be the role of distribution companies ?.
Certainly, we are in a technological, political and economic environment that demands innovative solutions. I would like to start a collaborative discussion on this subject, with the aim of sharing the views of researchers from different places in the world.
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Thanks for the comments. This is an extremely current and relevant topic.
In principle, it seems that when there is a "single owner", microgrids can be better inserted (technically, economically and socially). For example, university campuses, industrial centers, etc.
When we look at residential condominiums and multi-user areas, the task is not easy. First, because of the different points of view regarding energy pricing. In theory, microgrids provide 'better quality energy'. Therefore, consumers willing to pay for this quality are needed.
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Dear peers,
we are all aware of inefficiencies and waste (time, material, talent) in the Architecture, Engineering and Construction (AEC) sector. We also do know that we need to increase overall productivity and quality while reducing costs. But is it possible in the "status quo", using existing processes, materials and tools?
New technologies have demonstrated technical feasibility in R&D (both in Academia and Industry). Yet, there seems little demand from the market itself. How is that - are we lacking appropriate business model design, technology transfer capabilities or modes of open innovation?
Do we need entrepreneurship for these new technologies in construction?
Happy to hear your opinion!
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Yes, we need entrepreneurship for new technologies in construction. Construction is one of the booming sectors in the economy. Activation of entrepreneurship in the construction sector is an important element of social and economic policy. Yes, we need entrepreneurship for new technologies in construction, especially in the field of green construction technologies, creating new pro-environmental construction technologies, new types of energy-saving building materials in order to develop sustainable construction.
Best regards,
Dariusz Prokopowicz
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Unethical practices in business constitute a negative aspect of business processes and often generate additional costs for contractors and consumers. On the other hand, the scale of the gray market in the national economy is often correlated with the level of fiscal burdens and the quality of legal regulations regarding the commencement of business activities.
The high share of shadow economy in various branches of the national economy is also lower income from taxes and fees to the central state budget and to local budgets of local government units.
High fiscal burdens and imprecisely formulated legal regulations regarding running a business activity apart from generating a high level of gray economy in the economy may also be a source of unethical practices used in business between contractors or between producers and suppliers of products and services and consumers.
The large scale of the shadow economy in the national economy and the applied unethical practices in business is one of the key factors in the imperfections of the country's economic system.
According to the above, the current question is: Does the scale of occurrence of unethical practices in business correlate with the size of the shadow economy in national economies?
Please, answer, comments. I invite you to the discussion.
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In my opinion, the use of unethical practices in business, failure to apply the principles of business ethics, failure to apply the principles of corporate social responsibility may be significantly correlated with the scale of the development of the shadow economy in individual industries and sectors of the economy.
Best wishes,
Dariusz Prokopowicz
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Business model development, government regulations, purchase based incentive policies are motivators of e-buses adoption.
However, the reality of implementation in Europe is different from that of South America. What would be the main influential variables?
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,
The main barriers to the implementation of electric buses in emerging countries include the limited budgets of public funds of local governments allocated for environmental purposes, for the development of electromobile means of public transport. In addition, lobbying for local companies that provide services to companies and citizens using internal combustion motor vehicles. Another factor limiting the development of electromobile public transport is the lack of a developed infrastructure necessary for the effective functioning of electromobile motor vehicles, including electric buses.
Best regards,
CA DR GAURAV BHAMBRI
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What is a business model? What comes to your mind when you come across the word business model. Managers must have a clear understanding of the business model to formulate a strategy. That's why we need to develop a simple explanation of the business model.
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Perfect business model is one which helps you to do effectively what you want as to beat or achieve the perfect goal...
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I am researching about Product-as-a-service (PaaS) circular business models in the B2B as well as B2C context. Currently, I am still looking for companies that have successfully established the PaaS model in their business. So far, I only came across the well-known industry examples (e.g. Rolls-Royce, Philips, Michelin, Xerox, Ricoh, etc.) which are all from the B2B sector.
Do you know any companies in the B2C sector that have transformed from a linear product-selling business model to a PaaS model or companies (e.g. Start-Ups) that started their business based on the PaaS model? So far I only know some companies in the fashion industry (e.g. MUD Jeans or luxury renting services). In case you know more examples from other industries, please let me know.
In case you have other examples from the B2B sector in mind not mentioned above and which are interesting to investigate, please also reply to this post.
Thank you for your support!
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You can meet 2 further examples from the mechanical engineering industry in the AFSMI Webinar on 28.04. https://www.afsmi.de/veranstaltung/3-jetzt-anmelden-webinar-am-28-april-2021.html . There are more like Trumpf, Wärtsilä, Dieffenbacher, Krauss Maffei, etc. On the B2C side there are subscription type offerings in the health-care sector or numerous Apps (with or without fee) for your smartphone. You will also find more examples by visiting Zuora website. A company which proposes a software to enable such businesses in B2C and B2B.
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Does technological innovation bring about the improvement of social productivity, and then there is corresponding business model innovation and management practice innovation? For example: due to the emergence of Internet technology, there are Internet enterprises with business models like Amazon and Alibaba. In other words, is technological innovation the key to solving problems and social development ?
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Dear, Brown Brown
Very interesting question.
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By the mid-1990s, in consequence of the Information Revolution (ca. 1980–2000), the role of information and communication technology in organizations had grown to such an extent that one could already discern first-level impacts on organizational configuration, organizational culture, business strategy, management processes, work, and workplace. What might be second-level impacts on organizations (e.g., business models, creativity and innovation, psychological contracts) from the ongoing Digital Revolution (ca. 2000s–)? What implications might there be for the nature of organizing, the quest for the agile organization, leveraging information and communication technology for agility, and agility and leadership?
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Considering that the new technologies used in the automation of production in industry and services make extensive use of information and communication technologies, the changes brought about by the latter are considerable. In many cases, the human factor seems to be only marginally taken into account. It is very often up to man to adapt to the machine, whereas one might think that the machine is there to facilitate human work...
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  • Business Critical failure indicators CFI
Multinational organizations as well as SME or any type of business organization for that matter share the same principle which is succeed. However success is not usually the end result due to XXX factors either internal or external or else, they all have left the business opportunity to other competitors or any other reason of such.
Below is a small list i picked from the net about these companies that really got my attention because they all shared greatness in their days and completely got cast away afterwards:
1- Kodak
2- Nokia
3- Xerox
Therefore, i would kindly solicit the help of anyone who thinks he has a close as possible answer (CFI's) that he/she could foresee before the their business ends up in a failure, what could be the possible way, approach or strategy that might help, and how to separate the right CFI from the wrong one.
Thank you in advance for your answers.
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Pareto's principle can be applied for evaluation.
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Currently, I'm trying to analyze one Chinese firm. For that my need to identify that company business model. This firm is not so much popular. so, right now the problem is my need to identify that company's business model but I don't know how to do it. My problem is:
1. How to identify or find out one company's business model?
2. What is the difference between business strategy and business model?
Please share your idea and recommendations with me.
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LOW-COST EDUCATION FRAMEWORK BUSINESS MODEL & LEADERSHIP CHALLENGES(EDUCATION) WITHIN THE SECTOR
require your comments, how to improve, develop, design deliver this business model,
all feedbacks and positive comment with good opinion are welcome
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Hello dear
I think individuals and workers form a vital element for all organizations of different types and sizes, and their success stops in order to achieve their goals, and therefore administrative leaders try to deal with their workers on the basis of creativity, distinction and success, and work to invest their capabilities and skills and absorb their ethnic and cultural diversity, and contribute to the development of procedures aimed at creating a suitable environment for them that enables them From taking out their maximum energies to benefit from them to achieve their set goals and to create a common culture resulting from their diverse cultures.
good job
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SaaS product is an end to end marketing analytic system (web-application), providing B2B services. Company I’m working with uses a default monetisation model, which is subscription. In addition, this model is divided into different tariffs depending on the delivered number of features.
The question is:
How to calculate price for different tariffs? What can it depend on?
And how to calculate the value of each feature?
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Great question. First you need to develop a value proposition canvas, establishing all the pains and gains of your target customers which your SaaS solution is addressing. The next step is to review each of these pains and gains using the 4D framework- Urgent, Undoable, Underserved and Unaddressed. This will help you the quantum of value you are delivering for that particular feature. The next step is to quantify the costs of offering each of these features. The cost review is only to understand and ensure that we are not underselling a feature. Next step is to price each feature and create bundles of membership / pricing. The basic bundle must address the core problem with a few add on features. As we charge higher and higher, more valuable features should be added to the bundle. For example, MS Word comes as a part of the office 365 bundle. But if you want to use specific add on for writing research paper, you need to pay extra. The next step is the price discovery to see if the customers are willing to pay what we are asking and adjust accordingly. Hope this helps.
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The analytics conducted on computerized Business Intelligence platforms is one of the key advanced information technology technologies of the fourth technological revolution, known as Industry 4.0.
The current technological revolution, known as Industry 4.0, is determined by the development of the following technologies of advanced information processing: Big Data database technologies, cloud computing, machine learning, Internet of Things, artificial intelligence, Business Intelligence and other advanced data mining technologies.
The analytics conducted on computerized Business Intelligence platforms currently supports business management processes, facilitates identification of opportunities and threats to business development, allows for quick generation of analytical reports on selected issues in the economic and financial situation of the business entity.
Do you agree with my opinion on this matter?
In view of the above, I am asking you the following question:
What future applications of analytics will be developed on computerized Business Intelligence platforms?
Please reply
I invite you to the discussion
The issues of the use of information contained in Big Data database systems for the purposes of conducting Business Intelligence analyzes are described in the publications:
I invite you to discussion and cooperation.
Best wishes
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Thank you very much for the interesting data provided regarding the application of Business Intelligence analytics.
Best regards,
Dariusz Prokopowicz
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Hello everybody,
While analyzing my PLS Model on Industrial Internet of Things Platforms, the results suggest that the control variable "Price Fairness" has no effect on user loyalty. How would you interpret this finding? Is there a possible explanation I'm overlooking right now? Or would it be better to just report this finding without an interpretation due to the fact that the results object to my hypothesis?
Looking forward to reading your replies.
Fabian
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Hello Fabian,
the expected but missing effect should lead you to some questions:
- Did we really used a research design to measure causal effects of price fairness on user loyalty?
- Did we elicited revealed or stated behavior and if it is stated behavior might it be possible that there exists a hypothetical bias?
- Did the participants really experienced price fairness differently?
- Is the used method really appropriate for analyzing our data?
- Did we removed outliers that might overlap the existing effect?
- Is the relation between price fairness and user loyalty really as modeled?
If you answer all these questions with yes, than you should start think about an interpretation of this finding. I would not neglect to interpret this finding, because it reveals that you have no idea of what has happened in your study. One explanation might be that price fairness is not of relevance for your participants. This is not surprising if price fairness refers to price fairness in general and not price fairness for me as just one user. As a user I expect to get a fair price but I'm not necessarily interested in other users' price fairness.
Best regards,
Michael
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Plan-driven and agile methodologies have different prescriptions for software development. What are the advantages and drawbacks of combining these seemingly incompatible approaches in software development projects?
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Plan-driven development is a conventional form of development compared to agile software development, with more importance on plan and structure in specific. Plan-driven approaches to growth concentrate on software design and performance consistency. Plan-driven approaches are related to the Capability Maturity Model (CMM) first rank framework.
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What do you think about implementing Industry 4.0 model in developing country? As we know, many developing country have high unemployment rate, and Industry 4.0 usually involve automation that reduce workforce needed in an industry
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In my opinion there is no 'best practice' in transferring technology Taras Danko . Each country will be very different with the another because the root cause of need of a particular technology is different. But in my opinion, one thing is sure, the main actor for this transfer are producer of manufacturing equipment/technology. This because developing country do not have solid scientific foundation, so the only one thing they (developing country) can negotiate is adjusting the new technology (industry 4.0) to particular case in that country
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Internet technology companies that created and developed social media portals have built their business model on specific forms of online marketing.
One of these forms is online viral marketing. In this form of marketing there is still a lot of potential.
However, in the future, the rate of dynamic development of these portals based on marketing activities may significantly decrease.
As a result, the companies that run these portals expand the offer of their information and marketing services.
One of the forms of expanding the activities of these technology companies is, for example, the development of additional services and development towards fin tech.
In view of the above, the current question is: Is online viral marketing the main determinant of the dynamic development of social media portals?
Please, answer, comments. I invite you to the discussion.
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Yes, this discussion essentially confirms the crucial thesis that viral marketing is one of the leading types of internet marketing developed on social media.
Best regards,
Dariusz Prokopowicz
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I am conducting a research on sustainable business. I would be interested in suggestions of literature review and case studies (best practices) in sustainability and business models. Thanks in advance.
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I have one interesting CS on fast fashion if it is interesting for you. I can send you on Monday.
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e.g. of Service Model are IaaS, PaaS, SaaS.
what are the main relevant examples for Cloud Business Models?
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For completed information related to this subject, you can refer to my new paper which contains complete and detailed information:
Nidhal Kamel Taha El-Omari, “Cloud IoT as a Crucial Enabler: a Survey and Taxonomy”, Modern Applied Science, The Canadian Center of Science and Education, published by Canadian Center of Science and Education, Canada, p-ISSN: 1913-1844, e-ISSN: 1913-1852, DOI:10.5539/mas.v13n8p86, 13(8):86-149, 2019.
Or simply you can click the link below:
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What kind of scientific research dominate in the field of Good governance in business?
Please, provide your suggestions for a question, problem or research thesis in the issues: Good governance in business.
Please reply.
I invite you to the discussion
Thank you very much
Best wishes
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Leadership
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Hey, guys, I hope you are feeling well these days,
Actually I am going to respond to 2 questions in the field of Business Model, and I would genuinely appreciate if someone could guide me.
1)What are the characteristics of alternative business models in digital ecosystems?
2) Which factors facilitate their development as firms reshape themselves in the face of sudden crisis?
It is worth noting that I am looking for a specific category of each: For instance, 1)DIGITALIZATION
2)............, 3)...................
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1. Successful platforms like Airbnb and Uber.
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would a circular supply chain (i.e. PaaS) business model for steel bring benefit to the oil and gas business?
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@Peter Onu
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Dear ALL,
I am researching the role of dynamic capabilities in business model innovations. It is a quantitative study and I need help with a sample questionnaire that could serve as a guide
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I would like to recommend the following references in this regard:
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Dear all,
I am looking for close conferences related to business models, sharing/circular economy, and strategic management?
Do you have any suggestions?
Kind regards,
Mehdi
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The NBM conference will run online this year, as will the ISDRS with relevant tracks on the subjects you mention http://www.isdrsconference.org/page/54/home/
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I am now conducting a research on municipal waste management especially on waste-to-energy. I would like to discuss about the typical business model of WtE in the world.
1. What are major revenue streams? Tipping fee only, or tipping fee + electricity; typically how is the percentage?
2. Is the electricity production from WtE committed on contractual basis (PPA)?
3. etc.
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My Research Group is working on the potential of waste to energy projects in the Kingdom of Saudi Arabia.
There isn't any large waste to energy plant at commercial scale in Saudi Arabia as yet.
We have published many detailed/ interesting articles on the potential/feasibility of waste to energy, including a small pilot-scale pyrolysis plant experiments using plastic waste, biomass waste etc. We have also published on emerging concepts of waste-based biorefineries and circular economies.
All our articles can be downloaded in pdfs from my academia site with one click downloads
All the best.
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Even though there is a lot of hype around smart agriculture still there is no profitable business model and it is difficult to find customers who are ready to pay without Government subsidy programs. What is your view? What are the best use cases with profitable business model.
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First, we need to understand agriculture or manufacturing is a process for producing products to satisfy customer needs. Just smart agriculture or production is not going to create a demand for the product or make the process profitable. The mindset in the agricultural industry must change from what we have been produced for centuries; we will continue to produce. The customer will buy what we will produce. The agricultural sector is producing a consumable product for the customer. There is a need for innovation in both business models and product development. Thanks.
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I want to carry out full-fledged research on elastic logistics and need to understand in detail about it with various information like, how is logistics made elastic? what is the business model? , etc.
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I am currently doing my MBA dissertation on Coopetition within the Public sector.
Appreciate your expertise and opinion on how can Coopetition in the Public sector be successful and what are the main strategies to help it succeed (game theory, design thinking, innovation...etc). Coopetition is hands on in the Private sector and have been successful for years but not fully within the Public sector.
How can coopetition help governments be more Customer-centric?
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Aleksandr Sherstobitov great ideas and thank you for sharing them. The examples shared are spot on to coopetition yet to implement something similar in the public sector is different. If you have a utility company, an infrastructure company and an economic development company owned by the government, how can they all collaborate to give a single service to the public instead of having multiple channels (having the customer go to each individual company to get the same service)?
Christopher C Kelly Coopetition is a describe of cooperative competition. It is also a portmanteau of cooperation and competition.
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When competitive advantage was proposed it was a revolutionary concept and was immediately absorbed by the private industry (led by large multi-nationals) as a strategy to acquire market-share, and mind-share of customers. It was very successful till the companies were focussed at manufacturing (industrial production) but as the companies started moving towards service based business models, customers became more-demanding, and business more driven to create new markets, reduce assets and their prices, offer higher value-added services, etc.; the focus has now shifted to developing collaborations. Companies that do not collaborate are not only finding difficult to retain their shares of mind and market but also will soon be fighting for existence.
Collaboration is key to success now, beating competition is no longer the driver of business ethos.Can we propose that collaboration as a strategy is now more relevant than competition?
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Any discussion of whether collaboration as a strategy is now more relevant than competition must begin with a definition. Collective impact initiatives, communities of practice, mergers, networks of practice, public–private partnerships, strategic alliances, and strategic co-funding, to name a few, are all examples of collaboration but they are not necessarily the best fit for all situations.
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Hey researchers,
I've got the question regarding the pricing process for a new business model. Does a firm determine the pricing strategy before defining the revenue model? An example: A firm wants to introduce a new business model using a new pricing strategy and a new revenue model: Would this firm firstly define that the pricing strategy ( e.g. cost-based pricing strategy) and then define the revenue model type. Alternatively, would it first define the revenue model (e.g. pay per use) and then determine the pricing strategy?
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I do not think that this question can be answered in general: the pricing possibilities of a firm on the market are too diverse. There are markets where a design-to-cost is inevitable, on others there is more flexibility. If there is flexibility, in my view the first thing after modeling the business is the
pricing strategy and then the revenue model, but going back iteratively between the two and - if necessary - also the business model. A lean concept (going to the market early, possibly only a test market) can be helpful.
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I am currently investigating the business model Product as a Service in the industrial sector (B2B) and would like to exchange experiences and knowledge. According to my initial research, there are hardly any papers on this topic so far. I am particularly interested in difficulties in pricing the business model. Are you aware of any research?
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We are currently working on a simulation model for this purpose. I can keep you in the loop.
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Hey :-)
I am currently investigating a new business model with the help of expert interviews within the framework of a qualitative study. My plan is to discuss problems of the business model with the managers of the companies in the expert interviews, so it will be an exploratory study. I have come across a variety of methods and am currently unsure which method is best suited. My goal is to formulate hypotheses about the problems of the business model from the interviews. The following methods are currently available:
1) Case Study Research 2) Qualitative Content Analysis 3) Grounded Theory
Do you know of any good book or somethingelse that explain which approach is best for which case?
Many thanks in advance
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If you are interested in comparative case studies, then I highly recommend Yin's book, Case Study Research and Applications: Design and Methods (Sixth Edition).
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I would like to focus my master thesis on digitalisation and business models and struggle on how to find a good research gap. My research topic will be digitalisation and its affect on business model innovation. I am thinking to focusing on only one industry ( maybe automotive) at the moment but this can be changed while I doing literature review. Moreover, the whole topic is still rather vague and I am searching for an interesting currently under researched field.
Any suggestions? Would much appreciate it!
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In fact, this digitalisation has put pressure on companies to reflect on their current strategy and explore new business opportunities systematically and at early stages. The scenario also leads to new product and service offerings as well as new forms of company relationships with customers and employees. A research gap still exists in this field since the number of empirical insights is limited related with stated concerns.
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Hi dears,
I want to learn more about Digital Transformation and its impact on Business model, strategy, marketing, agility and ... .I want to apply for online course at universities; is there any university that accept students in this field?
please help me.
BR, Leila
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Dear Leila,
Trust my message finds you very well.
It is an excellent MOOC provider in multiple languages from various very known universities in the world. Digital is very well present in their contents and I am sure you will find useful content that answer to your interrogations.
i wish you a good learning there and may the new year be for all the humanity synonym of joy, health and happiness.
sincerely
mohamed
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Cooking processes can be represented as Workflows. The characteristics, attributes, representation and visualization of a cooking recipe is similar to a Business process. Is there any research work which focuses on the applicability of BPM into cooking domain?
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Hello,
Thank you for your insight. Can you explain more precisely what do you mean by "BPM is applied primarily in non-creative art, restrictive, precision, and impersonal"? Benjamin Huynh
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Though the nine elements have been captured but they have been condensed into four broad element thus feasibility, viability, adaptability and desirability. I picked it up from strategyzer.com
but I need a research article or a book to justify it.
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Good Suggestions from Dr. Heather Douglas
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The concept of sustainable business models contains a paradox, because sustainability involves the reduction of information asymmetries, whereas entrepreneurship involves enhanced and secured levels of information asymmetries. I have written an article on this topic (see attachment) but I would like to discuss this issue with others to learn other viewpoints, solutions and strategies. all feedback is welcome
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ok Wonjae, great, but I guess that today's societal issues like global warming, but also new disruptive technologies like AI need more societal consideration as well. and there the paradox appears, because in order to become debatable, companies should at least try to reduce information asymmetries. but thanks for your engagement anyway. vincent
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I am looking for a model how to differentiate between different business models. More precisely, I compare different industrial business models such as performance contracting and full service contracting. I already know some models like the Morphological Box, but I haven't found the right approach yet. In addition, I am considering whether it is a good approach to compare business models across dimensions (e.g. resource structure, transactive structure and value structure).
PS: Business model canvas is not an option for me
Thanks in advance
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Hi Philipp
I really liked working with the business model conceptualisation by Amit and Zott:
Zott, C., & Amit, R. (2010). Business Model Design: An Activity System Perspective. Long Range Planning, 43(2–3), 216–226. https://doi.org/10.1016/j.lrp.2009.07.004
I find it theoretically stronger than the business model canvas (already it is a bit harder to work with and especially to explain). If you are interested, you can have a look at how we used it in our paper:
Nardelli, G., & Rajala, R. (2018). The evolution of facility management business models in supplier–client relationships. Journal of Facilities Management, 16(1), 38–53. https://doi.org/10.1108/JFM-05-2017-0022
I hope this helps! Let me know if you have any question or comment.
Best,
Giulia
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Dear all,
I am analysing a number of agricultural and industrial value chains with the purpose of identifying gaps and opportunities to facilitate the development of new business models and business activities for circular economy and sustainable development.
Are you aware of practical tools able to support "circular" and "sustainable" value chain analysis?
I have identified a few that could be useful but I would like to receive your suggestions.
Thank you!
All the best,
Joan Manuel
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Hi Joan,
Interesting question!
We ran a project on this subject within the Resource Recovery from Waste programme, called "Complex Value Optimisation for Resource Recovery". This included the development of a new approach for the assessment of circular supply chains. More details and publications can be found here https://rrfw.org.uk/projects/c-vorr/
We also started to integrate the tool into a new approach for circular business model innovation. It's a work in progress and you can find our initial ideas in this report
Kind regards,
Anne
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The rate of economic growth varies from country to country.
In developing countries it is usually faster than in developed countries, but despite this new economic goods no more is created.
Usually lower economic growth in richer, developed countries generates more new economic goods or a greater range of value added than in developing countries.
However, in order to develop economic growth in a longer, long-term period, economic growth should take place for many years, but it does not necessarily have to have high value.
According to the concept of the new, green economy, in the future the pace of economic growth does not have to be high to ensure sustainable pro-ecological economic development in the long term.
Please, answer, comments.
I invite you to the discussion.
Best wishes
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Rapid growth in poor developing countries is commonplace because early technological advances are easier to achieve.
It's like looking at the growth rates of infants over teenagers. If a baby continued to grow for 20 years at the same rate he grew during the first two years of his life, all 20 year old people would be 17 feet tall and weigh 900 pounds. But growth slows.
When people living in grass huts and using stone tools are first given advanced seeds, fertilizers, and simple machinery their economic output can increase a-thousandfold. But this steep increase is tempered as they move closer to the tools and standards of modern society.
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I am trying to find / establisch a link between Service Business Development (SBD) and Entrepreneurial Ecosystem (EE).
In my researsch i want to prove that the EE take place under a SBD strategy or following Business Model to develop regions or cities.
i would be more than happy to read your thoughts and ideas.
Thanks !
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The entrepreneurial ecosystem is fundamental or main, to favor business development, much better if considered under a regional development system, applicable to the characteristics of the region in particular.
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This is my main Thesis topic and I aimed to investigate the industry 4.0 roadmap for digital transformation in manufacturing process and business model in general, that will enable organizations a step-wise approach toward implementation and deployment. While the achievement criterial performances of the I4.0 is elusive and digital transformation strategy is missing, the structural and implementation roadmap remain unclear. Although Reference Architecture Model for Industry 4.0 (RAMI4.0) have been proposed, but managements are still faced with challenges both logistically and implementation.
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The key aspect of I4.0 is efficient integration of cyber physical system
1 Both back ward forward integration is important
2 An architectural frame work of integration ,of processes,equipment, inclusive of ,safety,security,KPI etc is yet to be evolved
3 OT and IT data integration methodology to be analysed and an efficient system need to be evolved
I feel the broader frame work can be studied from above two Perspectives
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What kind of innovative start-ups are financed through crowdfunding?
Please reply
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Crowdfunding is one of the newer ways of funding a startup(s). So, some entrepreneurs put up a detailed description of their businesses on a crowdfunding platform. They mention the goals of their businesses, plans for making profits, how much funding they need and for what reasons and then consumers can read about the business(es) and give money if they like the ideas. Anyone can contribute money toward helping a business that they really believe in. Actually, we can say that there are some business ideas that are perfect for crowdfunding: Original tech gadgets; Independent books; Home cooking tools; Local Service businesses; Unique home inventions and etc.
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How do Business Intelligence (BI) and Big Data (Business) Analytics (BDA) contribute towards designing Strategic Performance Management Framework?
Kindly share your comments, thinking and any relevant research on it. Thanks in advance.
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Dear Deepak Verma:
Congratulations and thank you so much for asking this most valuable question with all of us! In that regard, Business Intelligence (BI) and Big Data (Business) Analytics (BDA) may contribute towards designing Strategic Performance Management Framework with the idea, which focuses on the deep and height increase in the tools, methods, and processes that lead to provide facilities for mechanical organization, which are called business intelligent. In this way, I believe that it might provide us with very good tools that entrepreneurs may utilize for business model enhancement as well as for nature principles, rhythms, or cycles. However, we must combine both Business Intelligence that collects data from the past and Business Analytics that allows us to build a clearer vision of the future. In any case, both tools can be complemented to develop a detailed analysis of the business and future of a company in order to make better decisions.
Warm regards,
Javier
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This is for Mr. Wirtz.
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Have a look at the paper in JAMS - it contains the basic framework for the 3 strategic pathways. You can also look at what we did in Healthcare and in the Organizational Dynamics paper - they are all posted in this project.
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In the literature digital solutions and business models like AirBnB or Uber are called frugal, because they are cheap, simple, customer oriented and don´t spend ressources.
What is your opinion?
Do all of the six criteria have to be applied for upcoming innovations to be called "frugal"? How to classify new products or Solutions if you don´t know f. e. the price?
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In the view of cost, time and swiftness , yes digital disruptions are frugal. We are achieving abundance of efficiency and effectiveness in countless areas with the help of those disruptive technologies.
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We are about to conduct a survey based study for our project on digitaliazation and business model innovation. As most studies in the area of digitalization are very technical and stem from an information systems context, operationalization of relevant constructs is not straightforward. To get an initial idea about what was measured in this context before, we would be very interested in your experiences in measuring digitalization across various domains (e.g. Marketing, Management, Information Systems etc.). Which empirical studies exist? Which constructs were previously measured? Which additional constructs surround this area and should be incorporated in the survey? 
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Since digital transformation is not yet implemented completed yet fully. So you may investigate digital maturity through interpretivism .
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I have to do a feasibility study for an innovative model to add value to livestock in the lowlands of Ethiopia. The model, called Livestock Business Hub (LBH), is composed by a modular slaughterhouse (modular means that it will start small, with an unit of 40-50 shoats a day, with the possibility of increasing its capacity by adding additional modules if the demand of products in the market will grow) and a cottage industry for skins, bones and other by-products transformation. It will be designed considering the circular economy approach, where all the outputs will be either final products or inputs for other products (E.g. digesta and dung can be utilized to produce energy for a bio-digester and to produce fertilizer; the fertilizer can be used to grow fodder to fatten the animals before the slaughtering etc).
Before implementing some pilots we will do a comprehensive research to evaluate the cultural, economic and environmental suitability of the LBH in the lowlands of Ethiopia.
Therefore I am looking for any data, feasibility study, environmental assessment, managerial structure, business model and business plan for slaughterhouses and cottage industries in developing countries. Better if in Africa in a pastoral context, but different contexts can be helpful as well. Mobile abattoirs will also be interesting to me. Thanks in advance
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One of the most important parts of my project is the recognition of other countries' successful logistics experiences. In this regard, one of the most important issues is the achievement of reference models and business processes for logistics and transportation. The process flow diagrams are in the form of BPMN standards. Can you guide me in this regard?
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I really apprereally it.
Of coruse I prefer your professioanal experience and value it.
Best regards.
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The general public relies increasingly on mobile applications for day-to-day services. Beyond sharing data sets, it is more and more important for agencies such as the Asian Development Bank, USAID, the World Bank, etc. to satisfy the communications needs of their clients, audiences, and partners (not to mention those of their own employees) by the same means. Across the project cycle, meaning, the various stages from country programming to project completion and evaluation, where might there be opportunities for cheap, effective, and low-maintenance mobile applications à la "build-once, deploy-anywhere"?
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An interesting development concept of using new online information and communication media in connection with the Internet of Things technology. The current development of mobile devices, mainly smartphones and their applications to international communication and information transfer, enables the improvement of information logistics. Therefore, the use of new media technologies and advanced information processing technologies, ie typical of the current technological revolution, Industry 4.0, can significantly increase the efficiency of communication processes between cooperating members of national and international working teams in institutions and enterprises.
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I'm looking for Platforms and Innovation on this field for a short paper.
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Center for Creative Leadership has a large base of competences and they are excellent in designing assessment based on them.
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Hello there!
I'm trying to write an article about reverse vending machines systems. I would like to deepen the study with statistics and international comparisons or reports. Does anyone have any materials in this topic? For example, in which countries these machines operate, what is their business model, who manages them, and some quantitative data. Articles, reports, statistics etc. It is very hard for me to find worth and interesting documents.
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