scholarly journals Business Models Canvas of MOOCs: an Investigation of Sustainable Practices for MOOC Universities

Jurnal INFORM ◽  
2021 ◽  
Vol 6 (2) ◽  
pp. 133-137
Author(s):  
Erri Wahyu Puspitarini ◽  
Anastasia Maukar ◽  
Fitri Marisa ◽  
Kurniawan Wahyu Haryanto ◽  
Teguh Pradana
Keyword(s):  
Online Learning ◽  
Business Model ◽  
Business Models ◽  
Industrial Revolution ◽  
Online Course ◽  
Massive Open Online Course ◽  
Online Lectures ◽  
Online Lecture ◽  
Business Design

Massive Open Online Course (MOOC) is defined as an online open-access course available to an unlimited number of students from any location. These online lectures provide convenience and timeliness for students, enabling them to study from anywhere and anytime. With the demand for online learning, universities require a business design model for the MOOC application that will be used as online learning with the hope that it can be carried out continuously and in the long term to support the existence of online learning. The online learning process in Indonesian education in the era of the Industrial Revolution 4.0 and the implementation of the Merdeka Belajar Kampus Merdeka (MBKM). This research aims to create a business model for the implementation of the MOOC application as an open online lecture. The stages of this research method include a literature review study related to business models by the world's leading MOOC platforms, including Coursera, EdX, Udacity, and Udemy. Then analyzed and made a business model using the nine-block canvas method and implemented the MOOC application in the context of the MBKM Curriculum.

scholarly journals Assessing the Efficacy of Online Lecture Modules in a Core Mechanical Engineering Undergraduate Course

2017 ◽  
Author(s):  
Mohammed S. Taboun ◽  
Robert W. Brennan
Keyword(s):  
Online Learning ◽  
Engineering Design ◽  
Mechanical Engineering ◽  
Mode Of Delivery ◽  
Online Course ◽  
Class Session ◽  
Online Lectures ◽  
Traditional Lectures ◽  
Online Lecture ◽  
Second Year

In recent years, there has been a growing interest in flipped delivery of undergraduate courses. There has also been an interest in blending online learning with traditional, in-class learning. In this paper, the efficacy of a blended online course is assessed based on the second-year mechanical engineering course “Computing Tools for Engineering Design” for the Fall 2016 semester. This is an extension of a Fall 2015 study in the same course where traditional lectures were used. This study examines how the online modules are used by the students, as well as students’ opinions on the video effectiveness. The results of the study painted a picture of a typical flipped delivery student: one who streams the content on a personal device/computer before the in-class session, and tends to stop/rewind the content rather than playing it continuously. Student impressions of the mode of delivery were generally positive, indicating that a combination of online lectures and in-class practice sessions support learning.

scholarly journals Testing successful Business Model using System Dynamics

2019 ◽  
Vol 7 ◽  
pp. 91
Author(s):  
J. Ganzarain ◽  
M. Ruiz ◽  
J.I. Igartua
Keyword(s):  
System Dynamics ◽  
Business Model ◽  
Business Models ◽  
Industrial Sector ◽  
Continuous Change ◽  
Dynamic Complexity ◽  
Holistic View ◽  
Short And Long Term ◽  
Systemic View

In our increasingly globalised economy, managing continuous change whilst remaining competitive and dynamic has become a central issue for firms in the industrial sector. One of the elements for obtaining this competitiveness is the value creation model of the firm. The most important challenges in firms are characterised by dynamic complexity which makes it difficult to understand factors in their context. Consequently management and decision making is hindered (Antunes et al., 2011). Business models are characterised by complexity and dynamism. Performance of the firm is a complex topic determined by the large amount of variables that can be involved in the system, and the different effects that influence the system in the short and long term. Due to this complexity a systemic view is required, that is, an holistic view of the whole system. Such a systemic view enables managers to make decisions based on evidence rather than intuition and personal experiences, as they understand how the whole system works. Thus, the main aim of this research is to use an empirical tool such as System Dynamics (SD), to support and sustain firms in the identification of new constructs related to their Business Model (BM).

scholarly journals Pushing the Limits using Business Model Innovation a Three Pronged Approach and Lessons Learned

2021 ◽  
Vol 2 (1) ◽  
pp. 24-35
Author(s):  
Ignitia Motjolopane
Keyword(s):  
Business Model ◽  
Value Creation ◽  
Business Models ◽  
Industrial Revolution ◽  
Business Environment ◽  
Business Model Innovation ◽  
Lessons Learned ◽  
Revenue Streams ◽  
Reducing Costs ◽  
Model Components

In a constantly changing business environment, with increasing digitisation and fourth industrial revolution blurring the traditional value creation boundaries, companies need to explore ways to push the limits to remain competitive. Business model innovation offers companies the dynamic capability to differentiate business models and find innovative revenue streams while reducing costs. As such, the question arises as to how company may use business model innovation to remain competitive as the world digitises. Based on a literature review and empirical research involving six case studies, a three pronged approach in support of business model innovation is proposed. Business model innovation has the potential to push the limits when company executives and academia focus on the interrelation between drivers, process and components. Moreover, both effective and ineffective practices based on the research are presented. In conclusion, for companies to use business model innovation in pushing the limits, there is need to respond to the business model innovation drivers, adopt a systematic process and change at least one or more business model components and taking into account the interactions between these three concepts. This article may contribute to existing theory in the field of business model innovation and lessons learned from executives that have pushed the limits using business model innovation. Doi: 10.28991/HEF-2021-02-01-03 Full Text: PDF

Sustainable Competitive Advantage Through Business Model Innovation

2020 ◽  
pp. 191-213
Author(s):  
Purna Prabhakar Nandamuri ◽  
K. S. Venu Gopala Rao ◽  
Mukesh Kumar Mishra
Keyword(s):  
Business Model ◽  
Business Models ◽  
New Technologies ◽  
Business Environment ◽  
Business Model Innovation ◽  
Sustainable Competitive Advantage ◽  
Term Survival ◽  
New Business ◽  
Indian Perspective

Conventionally, businesses focus on their offerings for growth. But the increasingly unpredictable business environment is making them irrelevant in the market. So, businesses should resort to a system of dynamic management by innovating on the business models rather than a single aspect of the business. Business model innovation demands neither new technologies nor creation of new markets, but cares about delivering the existing products produced by existing technologies to the existing markets, through a unique model. Hence, defining, innovating, and evolving new business models have become the new basis of competition. A differentiated, hard-to-imitate, effective, and efficient business model is more likely to ensure higher profits and long-term survival. In this context, the present chapter attempts to furnish multiple global evidences and discuss the Indian perspective of business model innovation.

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 Business model development for sustainable apparel consumption

2019 ◽  
Vol 12 (4) ◽  
pp. 481-504 ◽  
Author(s):  
Johan Holtström ◽  
Charlotte Bjellerup ◽  
Johanna Eriksson
Keyword(s):  
Business Model ◽  
Business Models ◽  
Consumer Preferences ◽  
Model Development ◽  
Distribution Networks ◽  
Term Survival ◽  
Content Type ◽  
Sustainable Solutions ◽  
Business Model Development

Purpose The purpose of this paper is to identify key aspects of business model development for sustainable apparel consumption, as actors show an increasing interest in product‒service systems. This purpose should be seen from a retailers’ perspective so as to develop sustainable solutions for long-term survival in the apparel industry when meeting consumer preferences for fashion as well as an increasing interest in consuming less. Further, this is from a perspective in an economy where sharing and circularity are potential drivers for changing consumer patterns. Design/methodology/approach The study is based on the apparel retailer Houdini Sportswear and its business model development from a traditional model of selling sportswear to a more future-oriented model where sustainability is more salient. The data for analysis were collected through interviews with employees within the studied company. The interviews have been guided by overarching themes covering relevant areas of interest for this study. Findings Overall, the paper shows how sustainability can be included in strategic development, from product idea, product development, production and sales/rental to repair, reuse and finally recycling. The paper also highlights potential obstacles in a developed business model with increased sustainability, including technological platforms, distribution networks for collecting and returning products and consumer consumption preferences. There are a few intertwined factors to be considered on different societal levels to achieve long-term success. Originality/value This study contributes an increased understanding of how more sustainable solutions can be included when developing business models. While the manufacture, distribution and consumption of clothes have an impact on the environment, some retailers and producers want to reduce this environmental impact. One alternative is to change the way clothes are consumed, to include more sharing and circularity.

Business models for the now economy

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Art T. Weinstein
Keyword(s):  
Online Learning ◽  
Business Model ◽  
Customer Value ◽  
Business Models ◽  
Content Type ◽  
Digital Business Models ◽  
Business Practitioners ◽  
The Impact ◽  
Remote Learning

Purpose Business models are a key to success. This paper aims to identify the characteristics of the Now Economy, discuss the components of an effective business model, examine numerous e-commerce business models and provide an application of online learning. Design/methodology/approach The literature on business models is reviewed. E-commerce models are explored as a means for building competitive advantage in the Now Economy. An in-depth case study of remote learning in universities illustrates the development of a sound digital business model. Findings Business models explain where and how an organization competes and the financial feasibility of its strategy. Digital business models create market differentiation or disruption. This paper explains 20 e-commerce business models and offers an in-depth view of the opportunities and challenges in the online learning sector. Research limitations/implications Building on the literature, this work is conceptual and presents a case study. It is not an empirical study. A three-point agenda for scholars includes research on speed and service in business models, assessing the impact of customer value and examining the market power of Big Tech. Practical implications The digital component of the economy is growing annually. Business practitioners must respond by developing winning business models. The remote learning application is particularly relevant given today’s changing educational market. Originality/value While there has been considerable research on business models, there has been limited work on digital business models, which is the focus of this article.

scholarly journals Experience of online lecture delivery in a Nigerian university

2020 ◽  
pp. 3-4
Author(s):  
E.O. Akinkunmi
Keyword(s):  
Online Learning ◽  
Global Community ◽  
Resource Limited Settings ◽  
New Normal ◽  
Resource Limited ◽  
Online Lectures ◽  
Online Lecture ◽  
Nigerian University ◽  
First Time

As COVID-19 continues to affect the global community, the ways in which stakeholders in pharmacy training respond to the ‘new normal’ will have long-lasting impact on the outcome of future pharmacists and the profession. This paper presents a report on the first-time experiment of using online lectures for some sets of students in a Nigerian pharmacy faculty. Challenges experienced during the lecture, as well as the suggestions and comments from students and faculties are included. It is evident that all stakeholders need to be carried along in designing the best way forward in pharmacy training in the present challenging times. It is concluded that online learning can offer an important alternative in resource limited settings, when all stakeholders are actively involved in its design.

scholarly journals HUMAN FACTORS ANALYSIS OF ONLINE LEARNING PROCESS FOR STUDENTS ON SELECTED INDONESIAN CAMPUS (A PRELIMINARY STUDY)

2020 ◽  
Vol 20 (Special1) ◽  
pp. 145-151
Author(s):  
Linda Studiyanti ◽  
Rio Aurachman ◽  
Tiena Gustina Amran
Keyword(s):  
Online Learning ◽  
Human Factors ◽  
Rural Areas ◽  
Industrial Revolution ◽  
Quality Of Education ◽  
Factors Analysis ◽  
Online Lectures ◽  
Quality Of Place ◽  
Preliminary Study

The fourth industrial revolution is impacting the learning industry to become online learning, especially in Indonesia. Online learning provides benefits in that it can be cheaper, takes less time, can be self-paced, and provides an equal quality of education for students in rural areas. A total of 60 Indonesian college students on selected campus (age 20 ± 0,36 years old) who joined the Computer Simulation class in the third grade participated in this study. They are divided into two classes, an online class using Moodle software and a physical class, then observations are made. This study aims to obtain preliminary data to then research what human factors influence Indonesian people that constrain students from successful participation in online learning. The results show that there are three aspects of implementing online lectures in Indonesia: rules, usability and cognitive aspects. Besides, quality of place is an environmental factor that cannot be controlled.

scholarly journals The Role of Business Models in Developing Business Networks

2011 ◽  
pp. 221-231 ◽  
Author(s):  
Jukka Heikkila ◽  
Marikka Heikkila ◽  
Markku Tinnila
Keyword(s):  
Business Model ◽  
Large Scale ◽  
Business Models ◽  
Model Development ◽  
Customer Relationship ◽  
Business Networks ◽  
Geographical Distances ◽  
Business Model Development

Business models have received a substantial amount of interest recently. Also, various research studies have discussed business models, especially in the context of a single company operating in mass markets. Unfortunately, these models often are not applicable for complex products or services that build on long-term knowledge about customer tastes, facilities, and skills. Especially on global markets, the asset specificity and vast geographical distances make it difficult for any single company to provide this kind of service cost-efficiently on a large scale. Instead, it calls for cooperation among multiple firms. Creation of a joint business model for a collaborative network is a necessary means by which companies can coordinate cooperation in practice. The CSOFT metamodel proposed in this chapter provides guidance for joint business model development by emphasizing customer relationship and adjustment processes needed within the network.

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