scholarly journals A digital platform as a facilitator for assessing innovation potential and creating business models: a case study from the i3 project

2017 ◽  
Vol 11 (1) ◽  
pp. 982-993
Author(s):  
Francesco Bellini ◽  
Iana Dulskaia
Keyword(s):  
Business Model ◽  
Business Models ◽  
Social Acceptance ◽  
Comprehensive Evaluation ◽  
Model Development ◽  
Digital Platforms ◽  
Horizon 2020 ◽  
Innovation Potential ◽  
The Social

Abstract Many ideas flow into the innovation funnel but only 1 out 3000 becomes a successful new product. There are many variables that interact in this complex process and investors decisions are often based on experience and feeling rather than a comprehensive evaluation of the social, economic and technological factors. The innovation potential, the innovator capability, the accessibility of the technology as well as the social acceptance and the chosen business model are the some of the critical factors of a successful innovation strategy. In the broad sense, a business model is the approach of doing business through which a company can sustain itself and generate profits in the long term. Digital platforms can help manage and facilitate the complexity of value propositions and provide an immediate feedback to the entrepreneur. Creating value is necessary, but not sufficient, for an organization to profit from its business model. It is important to see the whole picture of the business that is why the business models are so important for a good start of the business. However, innovation assessment and business model development sometimes are not an easy task and ICT can make this process easier. Then, the aim of this paper is to explore the role of digital platforms as facilitators for the techno-socio-economic impact assessment and the development of sustainable business models through the analysis of a case study from the EU Horizon 2020 “i3 project”.

scholarly journals Pengembangan Model Fungsi Sosial Bisnis Islam Berdasarkan Maqashid Syariah Pada Bank Syariah X

Telaah Bisnis ◽  
2016 ◽  
Vol 16 (1) ◽  
Author(s):  
Muhammad Nafik ◽  
R. Moh Qudsi Fauzy
Keyword(s):  
Business Model ◽  
Business Models ◽  
Model Development ◽  
Social Function ◽  
Social Functions ◽  
Islamic Bank ◽  
The Social ◽  
The Impact

Abstract The purpose of this study was to determine the concept of the social function of business model development Islam, especially Islamic Bank X based maqashid sharia, practice development of the social functions of Islamic business models based on the sharia maqashid Islamic Bank X, and the impact of the development of the social functions of Islamic business models based on the quality of sharia maqashid life of the community. This study uses descriptive qualitative research methodology case study method (case study). Criteria informant was branch manager, supervisor, and citizens who have been the target/target activities of social function. The sampling technique is done with purposive sampling and snowball sampling. These results indicate that the concept of the social function of business model development Islam, especially Islamic Bank X based maqashid sharia has had an important role in creating justice and prosperity based on the principles of Shari’ah maqashid especially the external community. Practice development of the social function of the business model of Islam based on sharia maqashid has had a big role in terms of fighting and reduce disorientation in religion (hifdhud-din), the maintenance of stupidity (hifdhul-’aqal), terjauhkannya of poverty (hifdhul maal), has a good offspring (hifdhun-nasl), and maintaining a healthy soul (hifhdun-nafs), and the impact of the development of the social function of the business model of Islamic sharia maqashid based not only on improving the quality of life of citizens around the location of Bank Syariah X which has a weak economy, but also an impact positively to the image of the Islamic Bank X in the minds of customers and other parts of society.

Innovation at the Bottom of the Pyramid: Empowering Rickshaw Pullers

2020 ◽  
Vol 9 (2) ◽  
pp. 168-177
Author(s):  
Shalaghya Sharma ◽  
Anjani K. Singh ◽  
Amarendra Pratap Singh
Keyword(s):  
Business Model ◽  
Social Impact ◽  
Business Models ◽  
Critical Mass ◽  
Product Launch ◽  
Social Entrepreneur ◽  
Easy Access ◽  
Bottom Of The Pyramid ◽  
The Social

This case presents the innovative approach adopted by a for-profit social enterprise through utilization of technology, changed processes and improved business models to deliver the desired social impact. It also highlights the various challenges that the social entrepreneur faced and how the bottom of the pyramid was uplifted through success of this new social entrepreneurial venture. The case study is based on an interview conducted with the founder and managing director of SMV Wheels Pvt. Ltd. An exploratory schedule was prepared, and the researchers tried to develop an understanding of the business model deployed, challenges faced, competencies needed and strategic decisions made by the social entrepreneur that helped it in becoming sustainable. The challenges highlighted in the case study were lack of trust of beneficiaries, stakeholder scepticism, funding the business, testing the business model, need to retain self-motivation, handling family opposition and building a team. Moreover, with the use of technology, the traditional rickshaw was converted into a lightweight, technologically superior and cost-effective model; the health hazards were minimized; and the product became accessible with small weekly payments. Dilemma How to alleviate the daily struggle of the rickshaw pullers who perform labour-intensive work with meagre income? Their children lacked access to schools, no nutritious food was available, many rickshaw pullers consumed alcohol on a regular basis, domestic violence was prevalent, they were unable to afford good healthcare and suffered from diseases such as tuberculosis. What could be done for them? Theory: New product launch. Product and process innovations. Type of the Case: Problem solving and applied. Protagonist: Present. Options Redesign the rickshaw as a lightweight vehicle requiring less effort to pull. Strengthen supply side and easy access to bank financing, revenue sharing from advertisements. Discussions and Case Questions How to further optimize economic and social value creation? What steps can reduce the cost of a rickshaw while making it robust but lightweight? Perhaps a community of networks of rickshaw pullers in different towns can give critical mass to better negotiate with the vendors. What can be done for the welfare of the dependents of the rickshaw pullers?

Cultural Tourism O2O Business Model Innovation-A Case Study of CTrip

2016 ◽  
Vol 14 (2) ◽  
pp. 16-31 ◽  
Author(s):  
Chao Lu ◽  
Sijing Liu
Keyword(s):  
Business Model ◽  
Value Chain ◽  
Business Models ◽  
Business Model Innovation ◽  
Utilization Efficiency ◽  
Enterprise Value ◽  
Model Research ◽  
The Social ◽  
Tourism Enterprises

It is absolutely not an accidental phenomenon that the development of Internet overlaps with boom of business model research. The emergence of the Internet has greatly promoted the development and study of business models. This paper focuses on exploration of O2O business model innovation by analyzing the main types, evolution and driving factors of Chinese Internet business model, taking Ctrip as the example. From the social prospective, O2O business model improves value and feeling of the customer experience as well as the operational efficiency of the enterprise value chain and utilization efficiency of social resources. This paper has also put forward what Ctrip can enlighten the development of tourism enterprises.

Opening Closed Business Ecosystem Boundaries With Digital Platforms

2022 ◽  
pp. 67-96
Author(s):  
Marika Iivari ◽  
Petri Ahokangas ◽  
Marja Matinmikko-Blue ◽  
Seppo Yrjölä
Keyword(s):  
Business Model ◽  
Business Models ◽  
Model Development ◽  
Business Environment ◽  
Digital Platforms ◽  
Digital Twin ◽  
Ecosystem Boundaries ◽  
Business Ecosystem ◽  
Business Model Development ◽  
Model Approach

Applying a business model approach, this chapter identifies various challenges in digital platform and platform-based business model development in the case of a physical port ecosystem. Using an empirical case, the chapter identifies the prerequisites and consequences of opportunities, value, and advantages for an existing ecosystem that aims to create a “digital twin.” It contributes to academic discussions on the intersection of ecosystems, platforms, and business models by exploring the antecedents and controversies of configuring ecosystem boundaries in a digital context. Moreover, the chapter contributes to research by analyzing how a previously closed ecosystem seeks to open its boundaries and interfaces, both internally among the internal ecosystem members and externally to the outside business environment.

scholarly journals Spreading Sustainability Innovation through the Co-Evolution of Sustainable Business Models and Partnerships

2020 ◽  
Vol 12 (3) ◽  
pp. 1190 ◽  
Author(s):  
Silvia Cantele ◽  
Sara Moggi ◽  
Bettina Campedelli
Keyword(s):  
Business Model ◽  
Business Models ◽  
Economic Benefits ◽  
Sustainable Business ◽  
Enabling Factors ◽  
Business Operations ◽  
The Social ◽  
Sustainable Business Models

Sustainability innovation is often not achievable by a single organisation; even if changes in business operations can lead to great advances towards a more sustainable business model (SBM), the effectiveness of these implementations largely depends on the combined actions of the organisation’s network of partners. The aim of this research is to analyse the way that SBMs and partnerships co-evolve to enhance the sustainability of the involved organisations and spread sustainability culture beyond the network. In doing so, this article presents a case study of the company Alisea as a business operating within a circular business model, along with its network of partnerships. The co-evolution of the business model and partnerships is led by enabling factors that characterise the underlying relationships. The role of cross-sector collaborations is demonstrated in terms of boosting the social and environmental dimensions of the circular business model, enhancing social and economic benefits within and outside the partnerships, and spreading sustainability culture in different sectors.

scholarly journals Kewirausahaan yang Memberdayakan: Studi Kasus Kewirausahaan Ikan Olahan di Eretan Wetan Kabupaten Indramayu (Empowering Entrepreneurship: Entrepreneurship Case Study of Processed Fish in Eretan Wetan, Indramayu Regency

2019 ◽  
Vol 8 (2) ◽  
pp. 128
Author(s):  
HERY WIBOWO ◽  
Soni Achmad Nulhaqim ◽  
Maulana Irfan ◽  
Wandi Adiansyah
Keyword(s):  
Business Model ◽  
Business Models ◽  
Model Development ◽  
Business Practice ◽  
Fish Processing ◽  
Business People ◽  
Development Framework ◽  
Business Model Development ◽  
Theory Framework

Praktik kewirausahaan pada umumnya identik dengan kompetisi pemasaran yang saling menghancurkan, penghalalan segala cara untuk menghasilkan keuntungan, pembohongan publik terkait kaundungan dan manfaat produk dan lain-lain. Di lain pihak, isu kemiskinan dan keterbelakangan masyarakat masih menjadi isu yang mengemuka di Jawa Barat pada umumnya dan Kabupaten Indramayu pada khususnya.Maka, setiap kajian terkait potensi praktik yang dilakukan oleh masyarakat dan berpotensi mengandung maslahat bagi peningkatan kesejahteraa masyarakat tentu sangat penting untuk diprioritaskan. Sehingga kajian terhadap ragam model bisnis yang berpotensi meningkatkan kesejahteraan masyarakat, tentunya sangat penting untuk dilakukan.Model bisnis dalam hal ini adalah sebuah keunggulan kompetitif dari sebuah praktik kewirausahaan yang lebih menentukan daya tahan dan daya kembang sebuah praktik usaha. Model bisnis adalah jantung sekaligus penentu arah lajunya sebuah usaha. Oleh karena itu kajian terkait model bisnis adalah kajian yang berpotensi menghasilkan manfaat bukan hanya bagi pengembangan ilmu namun juga bagi para pelaku bisnis itu sendiriTulisan ini membedah model bisnis olahan ikan di Eretan Wetan Kabupaten dengan menggunakan kerangka teori navigasi model bisnis. Hasil akhir dari kajian ini adalah sebuah kerangka pengembangan model bisnis yang mampu memberdayakan masyarakat.Entrepreneurial practices are generally synonymous with marketing competitions that destroy each other, block all ways to generate profits, public deception related to products and benefits of products and others. On the other hand, the issue of poverty and community backwardness is still a prominent issue in West Java in general and Indramayu District in particular.Thus, any study related to the potential practices carried out by the community and potentially containing benefits for improving the welfare of the community is of course very important to be prioritized. So that a study of various business models that have the potential to improve the welfare of the community, of course, is very important to do.The business model in this case is a competitive advantage of an entrepreneurial practice that determines the resilience and developing power of a business practice. Business model is the heart as well as determining the direction of the pace of a business. Therefore studies related to business models are studies that have the potential to generate benefits not only for the development of knowledge but also for business people themselvesThis paper dissects the fish processing business model in the Wetan Regency Eretan using the business model navigation theory framework. The final result of this study is a business model development framework that is able to empower the community.

scholarly journals A Study on Constructing the Business Models of Community Development Social Enterprises from the Perspective of Social Design Strategies

2018 ◽  
Vol 11 (7) ◽  
pp. 152
Author(s):  
Chang-Chih Wei ◽  
Shang-Yun Yen
Keyword(s):  
Business Model ◽  
Social Problems ◽  
Business Models ◽  
Social Enterprises ◽  
Design Strategies ◽  
Social Design ◽  
Non Profit ◽  
The Social ◽  
Design Systems

With the development of globalization, countries encourage non-profit organizations or general enterprises to use the business model beyond profit, pay attention to social value and solve social or environmental problems synchronously. Social design is to solve social problems, promote innovation in the field of social reform, and solve all kinds of problems derived from social development. However, many social enterprises show enthusiasm for the society but ignore the importance of the management, which will be difficult to reach the goal of sustainable development.This paper serves as a reference for social enterprises to build a sustainable management model from the aspects of social design, systems thinking and value proposition of business model through a case study. The enterprises can not only achieve a sustainable development by relying on government subsidies or the implementation of government plans, but also solve social problems by improving the social environment.

Assessing the Social Entrepreneurship Business Model: An Exploratory Case Study in the Italian Cultural Heritage Sector

2020 ◽  
Vol 10 (4) ◽  
Author(s):  
Nicola Cucari ◽  
Eugenio D’Angelo ◽  
Eduardo Esposito ◽  
Maria Vincenza Ciasullo
Keyword(s):  
Cultural Heritage ◽  
Business Model ◽  
Social Entrepreneurship ◽  
Business Models ◽  
Single Case ◽  
Social Enterprises ◽  
Future Research ◽  
Social Entrepreneurs ◽  
The Social

AbstractSocial entrepreneurship (SE) has gained prominence in recent years, becoming a primary field of study and providing rich research opportunities that are both challenging and intriguing. This paper seeks to fill the knowledge gap in this field by improving the understanding of business models of SE and, more specifically, investigating how social entrepreneurs design their business models in order to create both social and economic value. Using the abductive approach method, the paper explores a single case study that enquires about the business model of the social enterprise named “La Paranza Cooperative”, located in southern Italy and operating in the cultural heritage industry. Our main theoretical contribution lies in illustrating and formalising the ambidexterity perspective through which social enterprises simultaneously pursue goals that are apparently contradictory, such as economic and social ones. Furthermore, on the practical side, we assess the win–win managerial mechanisms that benefit social enterprises through their external environment as a bundle of distinctive resources while contributing to its requalification. Finally, our explorative study opens-up for deeper and more detailed future research on the business model of SE.

scholarly journals Semantic and knowledge based support to business model evaluation to stimulate green behaviour of electric vehicles’ drivers and energy prosumers

2021 ◽  
Author(s):  
Beniamino Di Martino ◽  
Dario Branco ◽  
Luigi Colucci Cante ◽  
Salvatore Venticinque ◽  
Reinhard Scholten ◽  
...  
Keyword(s):  
Business Model ◽  
Model Evaluation ◽  
Business Models ◽  
Real Case ◽  
Sustainable Mobility ◽  
Semantic Framework ◽  
Knowledge Based ◽  
Survey Results ◽  
Energy Prosumers

AbstractThis paper proposes a semantic framework for Business Model evaluation and its application to a real case study in the context of smart energy and sustainable mobility. It presents an ontology based representation of an original business model and examples of inferential rules for knowledge extraction and automatic population of the ontology. The real case study belongs to the GreenCharge European Project, that in these last years is proposing some original business models to promote sustainable e-mobility plans. An original OWL Ontology contains all relevant Business Model concepts referring to GreenCharge’s domain, including a semantic description of TestCards, survey results and inferential rules.

Measuring the Effectiveness of Social Media in a B2B Scenario in India

2021 ◽  
Vol 9 (2) ◽  
pp. 285-300
Author(s):  
Krishanu Bhattacharyya ◽  
Bikash Ranjan Debata
Keyword(s):  
Social Media ◽  
Return On Investment ◽  
Business Models ◽  
Business Owners ◽  
Digital Platforms ◽  
Four Dimensions ◽  
The Social

Digitalisation is a global phenomenon that is a worthwhile proposition for the development of any nation’s economy. Social media contributes significantly to the development of an economy by the spreading and democratisation of information through global players, such as Facebook, YouTube, LinkedIn etc. According to a Forbes report in 2017, these digital platforms create new ecosystems and business models for business owners and entrepreneurs. Whilst a report by Statista in 2020 states that there were 3.6 billion social media users worldwide and the number is expected to grow to 4.4 billion by 2025. Return on Investment (ROI) measurement of social media, which is a very important component for organisations to evaluate its success or effectiveness, remains a major challenge for organisations, despite number of attempts having been made by experts in the field. This study is aimed at understanding how the success and effectiveness of social media is measured in a B2B scenario. Various frameworks on social media ROI measurement are critically evaluated. Then, a tool for measuring social media ROI is developed, such that businesses will be able to evaluate their social media investments. The instrument covers 14 variables over four dimensions.  The results indicate that respondents perceived organic return as the most important dimension. It is also evident that brand testament is found the least perceived dimension for measuring the social media ROI.

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