scholarly journals The Critical Aspects of Value Migration from Volatile Business Models in the Digital Economy

2019 ◽  
Vol 5 (1) ◽  
pp. 84-97 ◽  
Author(s):  
Marek Jabłoński
Keyword(s):  
Business Model ◽  
Business Models ◽  
Stock Exchange ◽  
Digital Economy ◽  
Negative Consequences ◽  
Key Factors ◽  
Scientific Exploration ◽  
Migration Research ◽  
Warsaw Stock Exchange ◽  
Critical Aspects

Value is interdisciplinary and, in a broader context, is responsible for forming and bonding the expected configuration of the business model. A business model may allow for capturing value or losing it through inconsistency. It can capture value from customers and other stakeholders, such as investors. If a business model is consistent, then stakeholders believe in it and it attracts value. In practice, many business models are volatile, that is, unstable and highly susceptible to many factors, which make them incapable of ensuring success. This issue is an important area of scientific exploration, inasmuch as the issue of the volatility of business models and the associated negative consequences, in particular the migration of value, have been discussed to a limited extent. The article discusses the volatility of business models and its impact on value migration. Research into the volatility of companies operating in the digital economy listed on the alternative market of the Warsaw Stock Exchange has been presented. Key factors responsible for the volatility of business models of the companies surveyed have been shown in the context of value migration.

scholarly journals THE WORLD DEVELOPMENT OF THE DIGITAL ECONOMY: THE MAIN DEVELOPMENT STRATAGEMS

2021 ◽  
Vol 2 (1) ◽  
pp. 91-96
Author(s):  
Olena Taranukha
Keyword(s):  
Business Model ◽  
Business Models ◽  
New Technologies ◽  
Technology Development ◽  
Well Being ◽  
Digital Economy ◽  
The Other ◽  
Innovative Solutions ◽  
The World ◽  
New Business

The digital economy allows to compose the new business models, digital platforms and services, which create new types of economic activity, as well as the transformation of traditional industries. Due to the industries transformation to the digital economy there is the transformation of the world economy, or rather the economy itself is being digitized The purpose of the paper is to reveal the essence and features of the digital economy formation and to consider what significant transformations will take place in the world by the analysis of major trends in the near future. Accumulating all the concepts, we can say that the digital economy is the rather complex term, but we can assume that its development is based on the key components According to forecast estimates, the most advanced retail companies will begin implementing the service of virtual and voice search of goods by 2022. This will require from the company the better understanding of the consumers wishes, their interests and intentions. Consider the main technological development trends for 2020-2025 based on the data of the major consulting agencies and the consulting company "Cartner" Figure 2 shows the forecast curve of the new technologies development. Innovative development triggers that will actively influence the technology development include the following: the Authenticated Provenance, Low-Cost Single Board Computers at the Edge, Self-Supervised Learning, BMI (Brain Machine Interface), active development of "Packaged Business Capabilities" services, Digital Twin of the Person and Composible Enterprises. The peak of disappointments will be Social Distancing Technologies and Secure Access Service. The source of expectations will be the development of Carbon-Based transistors technology and Human digital Ontologies. The formation of a productivity platform will be based on trends in Self-Development and Self-Education. Digital IT trends grow, evolve and acquire new properties of social technologies that can influence the structure of the community, form dependencies and demand. Therefore, companies, large corporations and government need to move to more flexible composite business architectures. The modular business model is based on four basic principles: modularity, efficiency, continuous improvement and adaptive innovation. This business model allows to move from rigid traditional planning to a flexible response to rapidly changing business needs. In general, it creates opportunities for innovative approaches, reduces costs and improves partnerships. It is important to pay attention to the other technologies in the new business model such as bundled business services, data factories, private 5G networks and embedded artificial intelligence. Thus, as a result of the research it is proved that the digital world is a completely new order of life, which requires to change our thinking. The person should be always focused on the new technologies and methods in order the enterprises remain competitive and constantly developed, it will promote the economy development and the growth of well-being of the society. So, taking into account the global trends in technology development, Ukraine has to adapt to the new standards quickly and implement innovative solutions for the economic development. The digitalization of the economy, on the one hand, is the key to economic success, on the other hand, it is the driving force in the conditions of the conceptual understanding of the digital economy essence. The growth of the quality and innovation level of domestic goods and services should provide not only sustainable economic growth, but also competitive advantages with further integration into the EU. At the same time, there is the relevant need of the scientific and technological research, the formation of a certain business ("digital") culture, the implementation of smart city ideas in Ukraine based on the development of local communities and the emergence of new initiatives and proposals for innovative solutions.

Start-Ups and Spin-Offs in Biotechnology Sector in Poland

Biotechnology ◽  
2019 ◽  
pp. 1293-1321
Author(s):  
Anna Białek-Jaworska ◽  
Renata Gabryelczyk
Keyword(s):  
Business Models ◽  
Stock Exchange ◽  
Early Stage ◽  
Global Strategy ◽  
Third Party ◽  
Start Up ◽  
Warsaw Stock Exchange ◽  
Business Line ◽  
Definition Of ◽  
Start Ups

This chapter concerns the subject of research-developmental activity of biotech spin-offs in Poland with particular reference to their strategy, determinants of their development and determinants of their financial standing. In the chapter, the authors analyse the determinants of biotech spin-offs and start-ups development in Poland in the light of the research commercialisation cooperation on the universities-business line. The literature overview contains the definition of a process for the commercialisation of the results of research and development (R&D) activity and components of companies' business models. The chapter defines key activities in the development of business models in the context of the commercialisation process and the life cycle of the company, especially at the start up and early stage. Quality-quantitative analysis includes the business models of seven biotechnology spin-offs traded on the alternative market of the Warsaw Stock Exchange, especially the structure of their intellectual capital, R&D expenses in relation to received subsides and grants, third-party shares in start up equity, and the ability to realise the “Go Global” strategy.

A Review of Alternative Economic Approaches to Achieve Sustainable Development

2022 ◽  
pp. 288-307
Author(s):  
Seda Yildirim ◽  
Isil Demirtas ◽  
Durmus Cagri Yildirim
Keyword(s):  
Sustainable Development ◽  
Global Warming ◽  
Business Model ◽  
Carbon Emission ◽  
Sustainable Development Goals ◽  
Business Models ◽  
Social Issues ◽  
Digital Economy ◽  
Development Goals

The COVID-19 pandemic has changed the progress in 2030 Sustainable Development Goals, and policymakers have been challenged with the implications of conventional economic system in the market. At this point, it can be said that the adoption of the best alternative economic and business model for the marketplace is the new phenomenon during the COVID-19 pandemic. Accordingly, alternative economic and business models can reduce the carbon emission, environmental pollution, and global warming, but there is a still dark point in solving social issues globally. This study aims to give a brief framework for alternative economic and business models in the context of sustainability. This study presents the links between 2030 Sustainable Development Goals, digital economy, and de-growth. In other words, this chapter focuses on digital economy (digitalization) and degrowth model (degrowing). Accordingly, it is thought to give an up-to-date work for achieving sustainable development after the COVID-19 pandemic in the long term.

scholarly journals DIGITALISATION OF THE NATIONAL ECONOMY: ECONOMIC AND SOCIAL CONSEQUENCES

2020 ◽  
Author(s):  
Olha Pizhuk ◽  
◽  
Vasil Muraviov ◽  
Keyword(s):  
National Economy ◽  
Business Models ◽  
Digital Technologies ◽  
Value Added ◽  
Digital Economy ◽  
Digital Transformation ◽  
Social Consequences ◽  
Negative Consequences ◽  
Positive Effects ◽  
Wide Range

The article examines the positive effects and negative consequences of the digital transformation of the national economy in terms of waves of technological progress and the spread of innovation. It is determined that the development of the digital economy is the most obvious result of the wave-like nature of digitalization. A three-sector model of the digital economy is proposed, where the primary sector is its core and includes fundamental innovations (semiconductors, microprocessors), basic technologies (computers, telecommunications devices), stimulating infrastructure (Internet and telecommunications networks); the secondary sector includes services based on basic digital technologies, including digital platforms, mobile applications, and electronic payment systems; tertiary – a digital economy based on a wide range of digital products and services, including e-commerce and new activities or business models that are transformed as a result of digital technologies. A system of indicators has been formed that provides a quantitative interpretation of the economic and social consequences of the process of the digital transformation of the national economy. Such an assessment will help to understand the potential impact of digital transformation on economic growth, which is often uneven, both within the country and between countries with different levels of socio-economic development. This impact was considered in several parameters, including labor productivity, gross domestic product, value-added, employment, as well as for various components of the digital economy. Emphasis is placed on the fact that the net impact on the overall economy is difficult to assess mainly due to the imperfection of existing methods of assessing the digital economy. It was found that the most threatening consequences of the digital transformation are labor displacement, as the exponential change in technology leads to the use of robots, autonomous vehicles, sensors, artificial intelligence, the Internet of Things, changing the workflow towards greater flexibility with the predominant use of temporary labor. The types of work organizations that are likely to be part of the working ecosystem for at least the next 10 years are described.

The Use of Sustainable Business Model Archetypes in the Design of Circular Business Models in the Digital Economy

2020 ◽  
pp. 1-18
Author(s):  
Marek Jabłoński
Keyword(s):  
Business Model ◽  
Circular Economy ◽  
Business Models ◽  
Potential Model ◽  
Sharing Economy ◽  
Digital Economy ◽  
Digital Environment ◽  
Sustainable Business ◽  
Model Solutions ◽  
Sustainable Business Models

Archetypes of sustainable business models can be used to the elaboration of archetypes of business models that combine the assumptions of sharing economy and circular economy as part of their categorization. The chapter presents the assumptions of conceptualization and operationalization of potential model solutions in the field of using archetypes of sustainable business models in the design of circular business models in digital economy. The chapter has an epistemological character described in ontological, epistemological, and methodological categories, but also with the use of an axiological sense. The aim of the chapter is to develop and indicate the principles of designing business models based on the concepts of sharing economy and circular economy using archetypes of sustainable business models in range of digital environment of business.

Start-Ups and Spin-Offs in Biotechnology Sector in Poland

2015 ◽  
pp. 192-219
Author(s):  
Anna Białek-Jaworska ◽  
Renata Gabryelczyk
Keyword(s):  
Business Models ◽  
Stock Exchange ◽  
Early Stage ◽  
Global Strategy ◽  
Third Party ◽  
Start Up ◽  
Warsaw Stock Exchange ◽  
Business Line ◽  
Definition Of ◽  
Start Ups

This chapter concerns the subject of research-developmental activity of biotech spin-offs in Poland with particular reference to their strategy, determinants of their development and determinants of their financial standing. In the chapter, the authors analyse the determinants of biotech spin-offs and start-ups development in Poland in the light of the research commercialisation cooperation on the universities-business line. The literature overview contains the definition of a process for the commercialisation of the results of research and development (R&D) activity and components of companies' business models. The chapter defines key activities in the development of business models in the context of the commercialisation process and the life cycle of the company, especially at the start up and early stage. Quality-quantitative analysis includes the business models of seven biotechnology spin-offs traded on the alternative market of the Warsaw Stock Exchange, especially the structure of their intellectual capital, R&D expenses in relation to received subsides and grants, third-party shares in start up equity, and the ability to realise the “Go Global” strategy.

scholarly journals Towards a Business Model Framework to Increase Collaboration in the Freight Industry

Logistics ◽  
2018 ◽  
Vol 2 (4) ◽  
pp. 22 ◽  
Author(s):  
Alix Vargas ◽  
Shushma Patel ◽  
Dilip Patel
Keyword(s):  
Business Model ◽  
Business Models ◽  
Perceived Barriers ◽  
Operating Costs ◽  
Model Framework ◽  
Collaborative Practices ◽  
Load Optimization ◽  
Industry Collaboration ◽  
Business Cases ◽  
Critical Aspects

Collaboration in the freight industry has not been widely adopted mainly due to the perceived barriers in competition resulting in a lack of trust among fleet operators. Collaboration in this sector has significant benefits, including the reduction of empty running, operating costs (OPEX) and greenhouse gas emissions (GHG) resulting in greater utilisation of existing logistics assets. A review of the literature to establish the critical aspects of freight collaboration was undertaken, as well as analyses of published case studies and European Union (EU)-funded projects. The critical aspects and barriers identified include: revenue sharing; compliance with competition law; process synchronization; organisational and systems interoperability; different forms of collaboration from a physical and coordination structure perspective; and strategies for collaboration. To facilitate collaboration a freight collaborative business model (FCBM) framework that highlights problematic areas in freight collaboration is proposed to support standardizing collaborative practices in the freight industry. Three published freight industry collaboration business cases were evaluated against the model. The business model framework is intended as a tool to be used to compare different business models and identify the best innovations to help facilitate collaborative practices. The freight collaboration business model was applied to the Freight Share Lab research project in order to demonstrate the concept and investigate whether efficiency can be unlocked through deployment of a dynamic data and asset sharing platform to enable route and load optimization across multiple fleets of freight vehicles, rail freight wagons and containers.

scholarly journals TRANSFORMATION OF THE DIGITAL ECONOMY INTO THE NATIONAL TAX SYSTEMS OF FOREIGN COUNTRIES

2020 ◽  
pp. 38-51
Author(s):  
Oksana M. Makhalina ◽  
◽  
Victor N. Makhalin ◽  
Keyword(s):  
Business Models ◽  
Digital Economy ◽  
Negative Consequences ◽  
Tax Base ◽  
Free Competition ◽  
Tax Legislation ◽  
Foreign Countries ◽  
International Projects ◽  
National Tax ◽  
The Impact

The relevance of this article is due to the practical purpose of studying the foreign experience of taxation with a view to further use in the process of improving the Russian mechanism of the tax system. Existing differences in tax legislation in many countries allow international corporations to use a variety of ways to avoid paying enough taxes. The organization for economic cooperation and development (OECD) has been fighting such corporate tax crimes for several years, but has not always offered solutions that address the potential negative consequences for developing countries. To this end, the BEPS plan was developed in 2013 and finally adopted in 2015. It is a list of OECD measures to counteract the erosion of the tax base and the removal of multinational companies from taxation. The article considers international projects based on global monitoring the tax services of various States and current trends in the development and improvement of the tax administrating in accordance with the requirements of the BEPS plan and the digital economy. Those measures are presented in the article as a system for adapting the tax service to new ways of doing business based on the developing digital economy. At the same time, two issues of tax adaptation are solved. First, how to determine the tax presence in a given tax jurisdiction. Second, what is the role of the data and users and their dependence on intangible assets that characterize new digital business models, how and where the final product or service is created. In conclusion, the authors formulate recommendations for the organization of effective and efficient taxation of participants in the production process in the digital economy: it is necessary to secure taxpayers against unnecessary costs associated with tax administrating; the introduction of a fair approach to economic entities over a proportional tax burden; promote legal and regulatory certainty; comply with the principles of free competition in the absence of whatsoever protectionist measures on the part of the state; mitigate the impact on countries with weak economies.

scholarly journals IOT Impacts and Digital Transformation at Listed Vietnam Banks

Webology ◽  
2021 ◽  
Vol 18 (Special Issue 04) ◽  
pp. 773-784
Author(s):  
Dr. Nguyen Thi Hang ◽  
Dinh Tran Ngoc Huy ◽  
Dinh Thi Hien ◽  
Vu Quynh Nam
Keyword(s):  
Business Model ◽  
Business Models ◽  
Business Processes ◽  
Industrial Revolution ◽  
Digital Economy ◽  
Digital Transformation ◽  
Digital Data ◽  
Customer Engagement ◽  
Digital Platforms ◽  
New Business

The Industrial Revolution 4.0 based on digital technologies has led to an unprecedented change in the socio-economic model. Therefore, countries in general and Vietnam are all aiming to develop the digital economy. The concept of digital transformation of the economy or development of the digital economy in Vietnam focuses on the following basic contents: 1) Developing digital businesses; 2) Digital transformation for traditional businesses (towards digitally integrated products; transforming business models on digital platforms; changing production processes based on digital data, automation, virtualization, etc.); 3) Development of digital finance; 4) E-commerce development. Therefore, digital transformation becomes an inevitable and objective trend, supporting banks to overcome challenges, create competitive advantages, and actively adapt to the context of digital transformation. In the context of the development of the digital economy in Vietnam is taking place strongly across industries and fields, requiring banks in Vietnam to have a transformation to a new business model. In this business model, it is necessary to integrate technology in operations and digitize business processes in the direction of automation and intelligence. Thereby, banks can perform activities of providing products and services on digital platforms, effectively exploiting data, thereby increasing experiences in business resolution and customer engagement. Besides, Internet of things has connect everything through internet, therefore risk management information system of Vietnam banks is also affected by IoTs and reliable internet data can help to enhance better RMIS in commercial banks. Generally, we want to emphasize effects of IoTs and digital transformation in banks operation and new business models.

Start-Ups and Spin-Offs in Biotechnology Sector in Poland

2020 ◽  
pp. 513-541
Author(s):  
Anna Białek-Jaworska ◽  
Renata Gabryelczyk
Keyword(s):  
Business Models ◽  
Stock Exchange ◽  
Early Stage ◽  
Global Strategy ◽  
Third Party ◽  
Start Up ◽  
Warsaw Stock Exchange ◽  
Business Line ◽  
Definition Of ◽  
Start Ups

This chapter concerns the subject of research-developmental activity of biotech spin-offs in Poland with particular reference to their strategy, determinants of their development and determinants of their financial standing. In the chapter, the authors analyse the determinants of biotech spin-offs and start-ups development in Poland in the light of the research commercialisation cooperation on the universities-business line. The literature overview contains the definition of a process for the commercialisation of the results of research and development (R&D) activity and components of companies' business models. The chapter defines key activities in the development of business models in the context of the commercialisation process and the life cycle of the company, especially at the start up and early stage. Quality-quantitative analysis includes the business models of seven biotechnology spin-offs traded on the alternative market of the Warsaw Stock Exchange, especially the structure of their intellectual capital, R&D expenses in relation to received subsides and grants, third-party shares in start up equity, and the ability to realise the “Go Global” strategy.

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