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

2018 ◽  
Vol 9 (1) ◽  
pp. 73-73
Author(s):  
Joost G. Vogtlander ◽  
Arno E. Scheepens ◽  
Nancy M. P. Bocken ◽  
David Peck
Keyword(s):  
Value Creation ◽  
Business Models ◽  
Market Value

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

2017 ◽  
Vol 7 (1) ◽  
pp. 1-17 ◽  
Author(s):  
Joost G. Vogtlander ◽  
Arno E. Scheepens ◽  
Nancy M. P. Bocken ◽  
David Peck
Keyword(s):  
Value Creation ◽  
Customer Value ◽  
Business Models ◽  
Market Value ◽  
Point Of View ◽  
Business Strategies ◽  
Niche Markets ◽  
Consumer Markets ◽  
Product Image ◽  
Roll Out

Abstract 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 ‘external environmental costs’ in LCA. The remanufacturing of products is an environmental and sustainable approach, in the circular economy, and can deliver lower eco-costs of materials depletion and pollution. From a business point of view, however, remanufacturing seems to be viable in B2B niche markets only. In consumer markets, remanufacturing is less common. The question is how can remanufacturing become a viable business solution for mainstream consumer markets. Traditional ‘green’ marketing approaches are not enough: green has a positive, but also negative connotations, so marketing approaches are complex. By using the Eco-efficient Value Creation method, marketing strategies for the roll-out of remanufacturing in mainstream consumer markets, can be revealed. This approach has led to the development of five aspects, which are key to innovative circular business models, for remanufacturing: (1) buyers differ from the buyers of the ‘new product’ (2) quality must be emphasised in all communications (3) risk must be taken away from the buyer (4) top level service is required to convince the buyer (5) a ‘green’ brand may support the remanufactured product image.

The prospective value creation potential of Blockchain in business models: A delphi study

2021 ◽  
Vol 166 ◽  
pp. 120601
Author(s):  
Laura Schlecht ◽  
Sabrina Schneider ◽  
Arne Buchwald
Keyword(s):  
Value Creation ◽  
Delphi Study ◽  
Business Models

Sustainable life cycle offers through cooperation

2015 ◽  
Vol 4 (1) ◽  
pp. 4-24 ◽  
Author(s):  
Julia Selberherr
Keyword(s):  
Sustainable Development ◽  
Life Cycle ◽  
Business Model ◽  
Value Creation ◽  
Business Models ◽  
Service Providers ◽  
Construction Sector ◽  
Content Type ◽  
New Business ◽  
Societal Level

Purpose – Sustainable buildings bear enormous potential benefits for clients, service providers, and our society. To release this potential a change in business models is required. The purpose of this paper is to develop a new business model with the objective of proactively contributing to sustainable development on the societal level and thereby improving the economic position of the service providers in the construction sector. Design/methodology/approach – The modeling process comprises two steps, the formal structuring and the contextual configuration. In the formal structuring systems theory is used and two levels are analytically separated. The outside view concerns the business model’s interaction with the environment and its impact on sustainability. The inside view focusses on efficient value creation for securing sustainability. The logically deductively developed business model is subsequently theory-led substantiated with Giddens’ structuration theory. Findings – The relevant mechanisms for the development of a new service offer, which creates a perceivable surplus value to the client and contributes to sustainable development on the societal level, are identified. The requirements for an efficient value creation process with the objective of optimizing the service providers’ competitive position are outlined. Research limitations/implications – The model is developed logically deductively based on literature and embedded in a theoretical framework. It has not yet been empirically tested. Practical implications – Guidelines for the practical implementation of more sustainable business models for the provision of life cycle service offers are developed. Social implications – The construction industry’s impact requires it to contribute proactively to a more sustainable development of the society. Originality/value – This paper analyzes the role for the players in the construction sector in proactively contributing to sustainable development on the societal level. One feasible strategy is proposed with a new business model, which aims at cooperatively optimizing buildings and infrastructures and taking the responsibility for the operating phase via guarantees.

How the social entrepreneurship business model designs in South Africa create value: a complex adaptive systems approach

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Olu Oludele Akinloye Akinboade ◽  
Trevor Taft ◽  
Johann Friedrich Weber ◽  
Obareng Baldwin Manoko ◽  
Victor Sannyboy Molobi
Keyword(s):  
South Africa ◽  
Business Model ◽  
Value Creation ◽  
Social Entrepreneurship ◽  
Complex Adaptive Systems ◽  
Local Governments ◽  
Business Models ◽  
Social Entrepreneurs ◽  
Content Type ◽  
The Social

Purpose This paper aims to understand social entrepreneurship (SE) business model design to create values whilst undertaking public service delivery within the complex environments of local governments in South Africa. Design/methodology/approach Face-to-face semi-structured interview was conducted with 15 purposively selected social entrepreneurs in Gauteng and Western Cape provinces. The interview guide consisted of main themes and follow-up questions. Themes included SEs’ general history, the social business model; challenges faced and how these were overcome; scaling and growth/survival strategies. These enabled the evaluation of SEs in terms of identifying key criteria of affordability, availability, awareness and acceptability, which SEs must achieve to operate successfully in low-income markets. Social enterprise owners/managers within the electricity distribution, water reticulation and waste management services sectors were surveyed. Findings Most respondents focus on building a network of trust with stakeholders, through communication mechanisms that emphasize high-frequency engagements. There is also a strong focus on design-thinking and customer-centric approaches that strengthen value creation. The value creation process used both product value and service value mechanisms and emphasized quality and excellence to provide stakeholder, as well as societal value, within their specific contexts. Practical implications This study builds upon other research that emphasizes SEs’ customer-centric approaches to strengthen value creation and on building a network of trust with multiple stakeholders. It contributes to emphasizing the business paradigm shift towards bringing social values to the business practice. Social implications Social good, but resource providers are demanding more concrete evidence to help them understand their impact (Struthers, 2013). This is because it is intrinsically difficult for many social organizations to document and communicate their impact in more than an anecdotal way. The research has contributed to the understanding of how SEs can provide evidence of value creation. Originality/value This study contributes to the understanding of how business models are designed to create value within the context of the overwhelming complexity of local government services in South Africa.

A Stakeholder Theory Perspective on Business Models: Value Creation for Sustainability

2019 ◽  
Vol 166 (1) ◽  
pp. 3-18 ◽  
Author(s):  
Birte Freudenreich ◽  
Florian Lüdeke-Freund ◽  
Stefan Schaltegger
Keyword(s):  
Stakeholder Theory ◽  
Value Creation ◽  
Business Models

scholarly journals Value Creation in Circular Business Models: The case of a US small medium enterprise in the building sector

2019 ◽  
Vol 146 ◽  
pp. 291-307 ◽  
Author(s):  
Enes Ünal ◽  
Andrea Urbinati ◽  
Davide Chiaroni ◽  
Raffaella Manzini
Keyword(s):  
Value Creation ◽  
Business Models ◽  
Building Sector ◽  
Medium Enterprise

An Approach for E-Service Design using Enterprise Models

2011 ◽  
Vol 2 (1) ◽  
pp. 1-23 ◽  
Author(s):  
Martin Henkel ◽  
Paul Johannesson ◽  
Erik Perjons
Keyword(s):  
Value Creation ◽  
Business Models ◽  
Business Communication ◽  
Swedish Health Care ◽  
New Business ◽  
Flexible Networks ◽  
Enterprise Models ◽  
Service Oriented ◽  
New Business Models ◽  
Goal Models

Organisations demand new business models for value creation and innovation that require collaboration with customers and vendors in agile and flexible networks. To realise such networks, organisations are embracing service oriented models and architectures using e-services for business communication. A major issue for a service oriented organisation is to design and offer e-services that are adapted to the needs, wants, and requirements of customers and vendors. This is a challenging task as different customer groups and vendors will have different requirements, which may vary over time, resulting in a large number of e-services. In this paper, the authors suggest enterprise models as being adequate instruments for design and maintenance of e-services. More specifically; an approach for designing e-services based on value and goal models, which will ensure that the constructed e-services will satisfy the needs and wants of customers. A project from the Swedish health care sector is used to demonstrate and evaluate the proposed approach.

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