Disruptive Technologies Driving Growth

2018 ◽  
Author(s):  
Mahesh K. Joshi ◽  
J.R. Klein
Keyword(s):  
Business Models ◽  
Industrial Revolution ◽  
Change Agents ◽  
Cultural Exchange ◽  
Business And Society ◽  
Disruptive Technologies ◽  
Business Environments ◽  
New Business ◽  
Brave New World ◽  
Start Ups

Since the dawn of the industrial revolution, technologies have had a disruptive impact on business and society. The proliferations of technology-based start-ups in the last decade are significant change agents for job creators and creators of business environments. Marginal improvements are creating disruption and new business models by building upon the disruptive power of technology. Mobile phones have become an extension of our arm with an average person checking it 150 times a day. These amazing changes are not the beginning and are certainly not the end. The primary change driver has been technology and today things are changing even faster. This is beginning to drive a reduction in poverty, an increase in labor standards, greater access to consumer goods, and the facilitation of cultural exchange. Cost-of-living improvement is, on a grander scale, staging for a brave new world of peace.

scholarly journals Literature review on business prototypes for digital platform

2020 ◽  
Vol 9 (1) ◽  
Author(s):  
Shrutika Mishra ◽  
A. R. Tripathi
Keyword(s):  
Literature Review ◽  
Business Model ◽  
Business Models ◽  
Digital Technologies ◽  
Digital Platform ◽  
New Business ◽  
Start Ups ◽  
The Way

Abstract In today’s world, many digitally enabled start-ups are budding all over the globe because of the fast enhancement in digital technologies. For the establishment of new business, it is necessary to adopt a proper business model which needs to define the way in which the company will provide values and the ways in which the customers can pay for their services. This paper aims to study the various business models being used in today’s marketplace and to provide a better understanding for these business models by having an insight on the attributes.

Airline Business Models and Tourism Sector

2020 ◽  
pp. 216-239
Author(s):  
Cláudia Ribeiro de Almeida ◽  
Vânia Costa ◽  
Jorge Abrantes
Keyword(s):  
Business Models ◽  
Business Environments ◽  
Tourism Sector ◽  
Product Service ◽  
New Business ◽  
Market Trends ◽  
Tourism Destinations ◽  
Demand Profile ◽  
Tourism Flows ◽  
New Business Models

The new century brought innovation, creative business environments, and above all, new competitors to some sectors. One of them is the airline sector that besides being very dynamic is highly competitive and vulnerable to external factors. The new changes impact directly in the way the product/service is presented and sold with consequences for the demand and tourism flows. After the deregulation process that happen in USA on the '70s and in Europe in the late '90s, the airline sector adjust their business models to the new trends and market changes, regulations, new competitors, and above all, to the new demand profile. This new business models brought new perspectives with more flexible and innovative services and products in order to follow market trends and to attract new boosting tourism demand. Despite the business model, air transportation is essential for some tourism destinations, mainly the ones that are very dependent on one single airline typology or with particular geographical features and needs.

Industry 4.0 and Sustainability

2020 ◽  
pp. 67-84
Author(s):  
Sibel Yildiz Çankaya ◽  
Bülent Sezen
Keyword(s):  
Sustainable Development ◽  
Global Warming ◽  
Natural Resources ◽  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
New Business ◽  
The Impact ◽  
Industrial Revolutions ◽  
New Business Models

Modern industry developed over several centuries and three industrial revolutions. Today, we experience the fourth era of the industrial revolution, Industry 4.0. The advance of industrialization brought along many problems, including environmental pollution, global warming, and depletion of natural resources. As a result, the concept of sustainability began to gain importance. Sustainability can be achieved through a balance between economic, social, and environmental processes. In order to establish such balance, businesses need new business models or insights. At this point, Industry 4.0 can be regarded as a new business mindset that will help businesses and communities move towards sustainable development. The technologies used by Industry 4.0 bear a strong promise to solve these problems, after all. Even though Industry 4.0 attracts a lot of attention lately, few works are available on its impact on sustainability. This chapter examines the impact of Industry 4.0 on sustainability.

scholarly journals How to feed The Ferret: Understanding subscribers in the search for a sustainable model of investigative journalism

Journalism ◽  
2017 ◽  
Vol 21 (9) ◽  
pp. 1320-1337
Author(s):  
John Price
Keyword(s):  
Online Survey ◽  
Business Models ◽  
Empirical Work ◽  
Online News ◽  
Investigative Journalism ◽  
Mainstream Media ◽  
New Business ◽  
Political Spectrum ◽  
Start Ups ◽  
New Business Models

The Ferret was founded in Scotland in 2015 as a co-operative. Drawing funding from a variety of sources – including grants, crowdfunding, training and events – the organisation relies heavily on subscriptions for its core business model. The Ferret is one of a number of recent digital start-ups seeking to explore new ways of funding and sustaining investigative journalism against a backdrop of declining levels of such journalism from the mainstream media. Despite this, to date there has been very little detailed, empirical work into subscription or membership models of funding journalism. This article begins to address this by presenting the results of an online survey of The Ferret’s subscribers. The findings are discussed in the context of recent work from international scholars about paying for online news and new business models for public interest journalism. The results suggest that subscribers tend to be middle aged or older, to the left of the political spectrum and motivated mainly by a desire to support the production of investigative journalism – rather than gain exclusive access to its content. The article concludes by arguing that recruiting such people offers a potentially sustainable membership model for investigative journalism platforms, whereby journalism for the benefit of society is funded by the few.

Text Mining

2017 ◽  
pp. 338-358 ◽  
Author(s):  
Kijpokin Kasemsap
Keyword(s):  
Text Mining ◽  
Language Processing ◽  
Business Models ◽  
Cost Savings ◽  
Advanced Technology ◽  
Service Development ◽  
Business And Society ◽  
Biomedical Sciences ◽  
New Business ◽  
Processing Information

This chapter reveals the overview of text mining; text mining, patent analysis, and keyword selection; text mining and sentiment analysis in modern marketing; text mining applications in the biomedical sciences; and the multifaceted applications of text mining. Text mining is an advanced technology utilized in business, marketing, biomedical sciences, education, and operations. Text mining offers a solution to many problems, drawing on techniques concerning information retrieval, natural language processing, information extraction, and knowledge management. Through text mining, information can be extracted to derive summaries for the words contained in the documents. Text mining has the potential to increase the research base available to business and society and to enable business to utilize the research base more effectively. Economic and societal benefits of text mining include cost savings, productivity gains, innovative new service development, new business models, and new medical treatments.

E-Health and Online Medical Transactions

2011 ◽  
pp. 279-296
Author(s):  
Alec Holt ◽  
John D. Gillies
Keyword(s):  
New Zealand ◽  
New World ◽  
Business Models ◽  
Economic Status ◽  
Face To Face ◽  
Health Delivery ◽  
Socio Economic Status ◽  
New Business ◽  
Brave New World ◽  
New Business Models

Electronic medical consultation as a means of health delivery is available worldwide. While only in its infancy in New Zealand, it is likely to gain momentum and acceptance, and will impact on both the health deliverer and consumer. Adoption of electronic consultation has the capacity to radically change the environment of healthcare. Emergence of new business models and social impacts are just two of the areas where there could be significant change. As technology is embraced by commercial, health and other interests, we see law and governance left struggling to keep up with the changes. Will the gap between the “haves” and “have-nots” widen or close? Has a beast been unleashed, or are we embarking into a brave new world where anyone can access the health information they need, regardless of socio-economic status, race or geographic situation? We discuss these questions with an emphasis on the New Zealand scene. In researching this chapter it seems that the positions about the future impact and appropriateness of telemedicine is polarized. At one pole are the “tele-evangilists” who think telemedicine will lead to a more patient-focused model. At the other pole are the “tele-luddites” who think that telemedicine introduces technology that complicates an already complex healthcare environment and will always come second to face-to-face interactions.

Fintech Challenges and Outlook in India

2021 ◽  
pp. 136-153
Author(s):  
Neeta Baporikar
Keyword(s):  
Literature Review ◽  
Financial Services ◽  
Business Models ◽  
The Novel ◽  
Foreign Markets ◽  
Indian Economy ◽  
Exploratory Approach ◽  
New Business ◽  
Start Ups ◽  
New Business Models

Fintech refers to the novel processes and products that become available for financial services due to the digital technological advancements. Fintech includes technologically enabled financial innovation leading to new business models, applications, processes, or products with an associated material effect on financial markets, institutions, and financial services. India is transitioning into a dynamic ecosystem offering Fintech start-ups a platform to grow into billion-dollar unicorns. From tapping new segments to exploring foreign markets, Fintech in India is pursuing multiple targets. The traditionally cash-driven Indian economy has responded well to the Fintech opportunity, primarily triggered by a surge in e-commerce, and Smartphone penetration. However, India's growth is still not comparable in scale to its global counterparts but is stacked well, due to a strong talent pipeline of the tech workforce. Hence, adopting an exploratory approach, based on in-depth literature review, the chapter aims to identify the challenges and deliberate on the outlook for Fintech in India.

Bioentrepreneurship in Agricultural Biotechnology

2021 ◽  
pp. 183-200
Author(s):  
Avni Jain ◽  
Neha Singh ◽  
Sonu Kumari ◽  
Suphiya Khan
Keyword(s):  
Business Models ◽  
Agricultural Biotechnology ◽  
Time To Market ◽  
Biotechnology Product ◽  
Disruptive Technologies ◽  
Business Opportunities ◽  
Scientific Foundation ◽  
New Business ◽  
Agricultural Applications ◽  
Biotechnology Sector

The agricultural biotechnology sector shares a common scientific foundation with the therapeutic biotechnology sector, including similar characteristics of a lengthy time to market for emerging products. But the challenges, goals, and opportunities for agricultural applications of biotechnology provide a very different context for innovation and entrepreneurs. Innovation means something novel, which can be a process or a way of doing something novel. Biotechnology entrepreneurship is summing all integrated activities that can create, develop, and finally, commercialize a biotechnology product. These sectors offer new business opportunities that, like agricultural biotechnology trait creation, enable entrepreneurs to think about creating disruptive businesses, not just disruptive technologies for today's business models. In this chapter, the authors conclude the unique aspects of entrepreneurship in the industry of biotechnology in contract with other industries and also discuss the importance of biotechnology entrepreneurs in agriculture.

scholarly journals Social Payments: Innovation, Trust, Bitcoin, and the Sharing Economy

2017 ◽  
Vol 35 (3) ◽  
pp. 13-33 ◽  
Author(s):  
◽  
Taylor C. Nelms ◽  
Bill Maurer ◽  
Lana Swartz ◽  
Scott Mainwaring
Keyword(s):  
Business Models ◽  
Sharing Economy ◽  
Mobile Platforms ◽  
Novel Technologies ◽  
On Demand ◽  
The Social ◽  
New Business ◽  
Start Ups ◽  
New Business Models ◽  
Rapid Transformation

The payments industry – the business of transferring value through public and corporate infrastructures – is undergoing rapid transformation. New business models and regulatory environments disrupt more traditional fee-based strategies, and new entrants seek to displace legacy players by leveraging new mobile platforms and new sources of data. In this increasingly diversified industry landscape, start-ups and established players are attempting to embed payment in ‘social’ experience through novel technologies of accounting for trust. This imagination of the social, however, is being materialized in gated platforms for payment, accounting, and exchange. This paper explores the ambiguous politics of such experiments, specifically those, like Bitcoin or the on-demand sharing economy, that delineate an economic imaginary of ‘just us’ – a closed and closely guarded community of peers operating under the illusion that there are no mediating institutions undergirding that community. This provokes questions about the intersection of payment and publics. Payment innovators’ attenuated understanding of the social may, we suggest, evacuate the nitty-gritty of politics.

scholarly journals Digitalization – quo vadis?

2018 ◽  
Vol 44 ◽  
pp. 00056
Author(s):  
Juho Mäkiö ◽  
Andrey Miroliubov ◽  
Valeria Zhgun
Keyword(s):  
Business Models ◽  
Industrial Revolution ◽  
Global Business ◽  
Business Ecosystem ◽  
New Business ◽  
Modern Business ◽  
Quo Vadis ◽  
Insight Into ◽  
Future Business ◽  
Practical Recommendations

Digitalization is changing the global business ecosystem at an unimaginable speed. Although previous industrial revolutions took dozens of years to transform the existing markets, internet-based companies like Google, Amazon and Uber have done it in less than ten years. Business models in the nearest future – how will they look like? Where will the extensive process of the fourth industrial revolution take us? How will our role as entrepreneurs, managers or consumers change in the new business ecosystem? In this paper we consider the changes concerning the process of digitalization as the main prerequisites for transformation of business models. We combine them into three main aspects that influence modern business modeling approaches: technological, social and economic. This prospective gives insight into the way the future business models will look like and leads us to practical recommendations for companies to follow when digitizing their business.

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