scholarly journals Business models transformed by digitalization in contemporary art museums and galleries

2022 ◽  
Vol 13 (1) ◽  
pp. 13-20
Author(s):  
Atiye Güner ◽  
◽  
İsmail Erim Gülaçti ◽  
Keyword(s):  
Contemporary Art ◽  
Digital Technology ◽  
Business Models ◽  
Hybrid Structure ◽  
Art Museums ◽  
Technical Application ◽  
New Business ◽  
Multiple Interaction ◽  
Sustain Ability ◽  
New Business Models

In the 21st Century, the common features of the developing digital technol- ogy are compressed information, accelerated information management, big data, multiple interaction, personalization and uninterrupted access and convergence. These features are seen as factors that accelerate access to information, reduce some communication and cost expenses economically, speed up sales and marketing, provide visibility to institutions, and increase ideas and sharing. With the effects of digital technology Contemporary art museums and galleries have experienced digitalization processes in order to maintain their existence and achieve their goals. Digitalization is not limited to being a technical application, but it is a process that transforms contem- porary art institutions as a whole, especially in communication, institution- alism, branding, marketing, finance and sustainability. Therefore, digital technology requires to be available to institutions. Being a contemporary art institution requires being intellectually and technologically renewed in institutional, managerial and communicative terms. The mission and sustain- ability of art and art institutions should be ensured in harmony with technol- ogy. Therefore, new business models have been required in the digitalization processes in art institutions and the need for changing business models will increase as technology develops. Purpose of the study: To identify the new business models of contemporary art museums and galleries, and in parallel, the features they need in human resources, and to raise awareness on this issue. In this study, the hybrid structure of new business models needed in contemporary art institutions has been revealed as a whole. In the study, it has been revealed based on the examples and the viewpoints of authorized persons that, managerial digital strategies in contemporary art museums and galleries should contain the distinction specific to art. The main result that emerged from the interviews is the hybrid structures of the new business models needed by contemporary art museums and galleries in the digital age, blended with digital technology and the knowledge of art management.

scholarly journals Digital transformation trends reshaping companies

2019 ◽  
Vol 13 (1) ◽  
pp. 635-646
Author(s):  
Florina Pînzaru ◽  
Alexandra Zbuchea ◽  
Alexandra Viţelar
Keyword(s):  
Competitive Advantage ◽  
Digital Technology ◽  
Daily Activity ◽  
Business Models ◽  
Digital Transformation ◽  
New Business ◽  
New Business Models

Abstract Nowadays, the ubiquity of the digital technology and the transformation it brings both within the societies and economies around the globe has become a well-accepted fact. For business is no longer a matter of whether or not to incorporate technology in their daily activity, but a matter how to change their way of approaching, and doing when adapting to digital. The digital transformation has enabled the emergence of new business models, as well as many other changes when it comes to satisfying the customer’s needs and expectations, by creating opportunities for value and sustainability. The present paper highlights all these aspects, emphasizing on how businesses can think about the digital transformation to achieve the highest benefits and create competitive advantage.

scholarly journals A Tripartite Evolutionary Game Analysis of Enterprises’ Behaviour in the Platform Ecosystem

2020 ◽  
Vol 2020 ◽  
pp. 1-10
Author(s):  
Ying Han
Keyword(s):  
Digital Technology ◽  
Business Models ◽  
Evolutionary Game ◽  
Rapid Progress ◽  
Informal Governance ◽  
Game Analysis ◽  
Platform Governance ◽  
New Business ◽  
The Government ◽  
New Business Models

With the rapid progress of digital technology and new business models’ development, the platform ecosystem has not only penetrated every sector in society but also revealed various problems. Platform governance researchers have highlighted its significance, but failed to adequately consider ecosystem participants’ behaviour. This paper aims to explore platform governance’s effects on enterprises’ behaviour in a multiorganisational platform ecosystem context. The tripartite evolutionary game is chosen to construct a mathematical model that integrates the government, platform organisation, and internal enterprises to analyse formal and informal governance’s influence on enterprises’ behaviour in the platform ecosystem. It was discovered that both formal and informal governance can decrease internal enterprises’ opportunistic behaviours. Furthermore, formal governance has stronger effects than informal governance, although informal governance’s effects are more stable. Additionally, self-organisation in the platform ecosystem is another important area of focus. This paper enriches an understanding of platform ecosystems while formulating insights relevant in using platform governance to develop small and medium-sized enterprises.

scholarly journals A theoretical framework on network's dynamics for precision agriculture technologies adoption

2022 ◽  
Vol 60 (4) ◽  
Author(s):  
Deborah Bentivoglio ◽  
Giorgia Bucci ◽  
Matteo Belletti ◽  
Adele Finco
Keyword(s):  
Precision Agriculture ◽  
Digital Technology ◽  
Business Models ◽  
Agricultural Sector ◽  
Innovation Process ◽  
New Business ◽  
Key Drivers ◽  
Potential Impact ◽  
New Business Models

Abstract: Recently, the agricultural sector has had to face several challenges related to the innovation process, the most significant of which seems to be that of its digital transformation. As a consequence, the issue of digital technology adoption is becoming of important scientific interest due to its potential impact on products, services, processes, and new business models. In general, the adoption behavior can be indirectly explained by studying factors that lead a firm to innovate; among these factors, the literature emphasizes the function of networks. The objective of the paper is to investigate the role of networks as key drivers of precision agriculture technologies adoption. To achieve this goal, qualitative research was developed by using 8 case studies recollected among that few Italian farms which can be defined as innovative for having already experienced precision agriculture. Results show that only a few farms can develop and manage innovations internally; success often requires cooperation between individual actors and organizations. Finally, the paper provides some practical advice and a set of propositions for those farms that are trying to achieve digital technological innovations.

scholarly journals The Digital Development Trends of Circular Economy in China

2021 ◽  
Vol 5 (4) ◽  
Author(s):  
Zichen Zheng ◽  
◽  
Tingting Liu ◽  
Keyword(s):  
Circular Economy ◽  
Digital Technology ◽  
Business Models ◽  
Development Trends ◽  
Health Crisis ◽  
Data Ownership ◽  
New Business ◽  
Digital Development ◽  
Digital Governance ◽  
New Business Models

COVID-19 has become a global health crisis, influencing the development of all walks of life. The lockdown implemented to control the spread of the pandemic has led to the development of digital technology. As a country that has gradually recovered from the epidemic, China's circular economy development pattern has undergone some changes. This study indicates three significant digital development trends in the circular economy in the post-pandemic era. They are "New business models" of the digital economy are integrating into a circular economy, the digital governance capability of circular economy gains more traction, and the digitalization of waste sorting exemplifies the transitions accelerated by the pandemic." Despite the strong momentum of China's digital transformation, there are difficulties in determining data ownership and collaboration among stakeholders.

DIGITAL ECONOMY AND GLOBALIZATION: THE IMPORTANCE OF DIGITAL ENTREPRENEURSHIP DEVELOPMENT

2020 ◽  
Vol 6 (3) ◽  
pp. 17-20
Author(s):  
Farxod Tursunov ◽  
Keyword(s):  
Business Models ◽  
Digital Economy ◽  
Management Systems ◽  
Entrepreneurship Development ◽  
New Business ◽  
Definition Of ◽  
Digital Enterprise ◽  
New Business Models ◽  
Digital Entrepreneurship

The article discusses the role of the digital economy in the development of the country, how it becomes the basis of the economy, new business models and management systems. The opinion of scientistsis analyzed, a definition of a digital enterprise is given

Country Radio

2017 ◽  
Author(s):  
Eric Weisbard
Keyword(s):  
World War Ii ◽  
Business Models ◽  
Internet Access ◽  
Country Music ◽  
Programming Approach ◽  
World War ◽  
Musical Genre ◽  
New Business ◽  
The Media ◽  
New Business Models

This chapter considers the role played by radio in popularizing and defining country music. Radio as a format pursued a commercially driven mediation of identity that worked against applying an artistically driven musical genre definition. In particular, these debates revolved around gendered presentation and women as listeners and performers. From the 1920s through World War II, radio’s prominence in country turned on live radio shows as the media introduction of southern whites. A second era, from the end of the war to mid-1970s, saw a shift to disc jockeys and records: personality radio. Format radio country, a tighter programming approach, solidified from the mid-1970s to the mega mergers of the late 1990s. Most recently, in an era of Internet access and new business models for music, country has confronted the less sympathetic position of networked radio.

scholarly journals Pursuing Frugal Innovation for Sustainability at the Grassroots Level

2021 ◽  
pp. 1-8
Author(s):  
Mokter Hossain ◽  
Jarkko Levänen ◽  
Marleen Wierenga
Keyword(s):  
Developing Countries ◽  
Environmental Sustainability ◽  
Business Models ◽  
Business Strategies ◽  
Future Research ◽  
Frugal Innovation ◽  
New Business ◽  
Grassroots Level ◽  
Societal Problems ◽  
New Business Models

ABSTRACT Firms are often criticized for their reluctance to embrace sustainability in their business strategies. Frugal innovation is a recent concept that represents a new way for firms to serve underserved customers in developing countries while also promoting sustainability. Based on three cases of frugal innovation at the grassroots level in India, this article demonstrates how frugal innovation presents a promising way to tackle some of today's pressing societal problems with new business models. We use a range of parameters for economic, social, and environmental sustainability to strengthen the case for frugal innovation. This article attempts to inspire scholars to consider frugal innovation further in their future research endeavors and encourage firms to integrate it into their existing business models.

Sign in / Sign up

Export Citation Format

Share Document