scholarly journals Solar Signage Business Model Design Using the EPSS Framework

Energies ◽  
2021 ◽  
Vol 14 (21) ◽  
pp. 6960
Author(s):  
Hyeog-in Kwon ◽  
Yong-su Jeon ◽  
Bo-hyun Baek
Keyword(s):  
Business Model ◽  
Technological Development ◽  
Model Development ◽  
Model Design ◽  
Digital Signage ◽  
Service Strategy ◽  
Signage System ◽  
Science Methodology ◽  
New Industry ◽  
Business Model Development

The purpose of this study is to design a business model that generates profits by developing eco-friendly convergent products. This study proposes a new concept of solar signage in the digital signage system that helps carbon emission reduction. This study developed a solar signage business model using the eco-science methodology specialized in manufacturing servitization. Following the ecosystem platform service strategy (EPSS) framework of eco-science optimized for convergent industry service design, this study implemented service derivation, convergent ecosystem definition, and business model development. The developed business model was evaluated by 10 experts in the field. The business model obtained 43 points, which exceeded the standard commercialization decision cutoff of 35 points. This study’s results imply that the business model is developed from an integrative perspective and defines the convergent industry ecosystem, a convergent knowledge service methodology, in digital signage. Moreover, through the business model, the perspectives on technological development can be expanded and the model can play an important role in carrying out new industry commercialization based on convergent technologies.

scholarly journals Digital Government: Business Model Development For Public Value Creation - A Dynamic Capabilities Based Framework

2021 ◽  
Vol 45 (3) ◽  
pp. 232-255
Author(s):  
Bernd Wirtz ◽  
Paul Langer ◽  
Florian Schmidt
Keyword(s):  
Public Sector ◽  
Business Model ◽  
Value Creation ◽  
Dynamic Capabilities ◽  
Business Models ◽  
Model Development ◽  
Digital Government ◽  
Public Value ◽  
The Public ◽  
Business Model Development

Rapid advances and the spread of digital technologies have changed the expectations of citizens, firms and organizations towards government services, which increasingly receive the call to transform services and structures according to changed needs and preferences. The concept of business model development provides a suitable approach for public institutions aiming at adjusting their services and operations. Since government institutions increasingly develop new services and products, this study provides a theoretic foundation to operational readiness as well as a guideline how to set up digital business models in a public sector context. Therefore, a framework is derived from conceptual studies in the field as well as related theoretical concepts such as business model theory in the public sector context, dynamic capacities and public value creation. Building on this foundation this study conceptualizes a process of business model development to create user oriented digital services in the public sector.

scholarly journals Strategic Business Model Development in Ecosystems

2021 ◽  
Author(s):  
◽  
Dominik Mann
Keyword(s):  
Business Model ◽  
Development Process ◽  
Business Models ◽  
Model Development ◽  
Entrepreneurial Ventures ◽  
And Performance ◽  
Integration Strategies ◽  
Model Components ◽  
Business Model Development ◽  
Model Development Process

<p>Designing and strategically developing viable business models is vital for value creation and capture and in turn for the survival and performance of entrepreneurial ventures. However, the widely held firm-centric and static business model perspective appears inadequate to reflect the realities of increasingly blurred industry boundaries, interconnected economies, and the resulting collapse of incumbent value chains. This PhD thesis adds understanding of the dynamic business model development process from an ecosystem perspective. The evolution of ten entrepreneurial ventures’ business models was documented and investigated through longitudinal in-depth case studies over twelve months. Analysing and comparing the cases revealed strategies that resulted in the development of effective interactive structures and robust value co-creation and capture mechanisms. The development of interactive structures, i.e. firm-ecosystem fits, was either supported by a focused or diversified ecosystem integration approach underpinned by heterogeneous interdependencies of value proposition and business model components across ecosystems. The obtained insights allowed the derivation of sets of capabilities that supported the business model development process and enhanced entrepreneurial ventures’ chances of survival. The findings have several implications for advancements of the business model theory. In particular they indicate what integration strategies can inform entrepreneurs’ and managers’ business model design and execution strategies for operating in increasingly complex ecosystems.</p>

PRIVATE MEDICAL INSTITUTION BUSINESS MODEL TRANSFORMATION

2017 ◽  
Author(s):  
Alla Osokina ◽  
◽  
Tetiana Mysyshyn ◽  
Keyword(s):  
Development Strategy ◽  
Business Model ◽  
Model Transformation ◽  
Business Models ◽  
Model Development ◽  
Quality Of Services ◽  
Medical Institutions ◽  
Key Aspects ◽  
Business Model Development

The purpose of this article is to describe the key aspects of the transformation of outdated business models of private healthcare institutions in Ukraine. The article supports the point that existing business models of private medical institutions could be improved based on assessing the quality of services provided and creating a unique value proposition using modern marketing tools for the development of business models. On the basis of the economically substantiated business model development strategy of «MEDICOM Anti-Aging Clinic», theoretical conclusions have been empirically confirmed and their applied significance has been proved.

Business Model Development for Stability, Sustainability, and Resilience

2020 ◽  
pp. 906-930
Author(s):  
Beata Maria Staszewska
Keyword(s):  
Business Model ◽  
Development Process ◽  
Model Development ◽  
Public Enterprise ◽  
Social Characteristics ◽  
For Profit ◽  
Not For Profit ◽  
Balanced Approach ◽  
Complex Process ◽  
Business Model Development

Innovative business model development, understood as a static phenomenon neglects the dynamic influences on both for-profit and not for profit sectors. Business model development is a complex process which has been well researched in corporations, but predominantly remained under-researched in not for-profit organisations. An exploratory study during 2011-2015 is undertaken to examine business development process in the areas of stability, sustainability and resistance in a local not for profit public enterprise. Findings suggest that a balanced approach to economic, ecological and social characteristics, organisational coping capabilities during volatile phases of business model development and organisational capability to manage during times of instability contributes to the type of business model development process.

Business Model Development for Stability, Sustainability, and Resilience

2020 ◽  
pp. 240-264
Author(s):  
Beata Maria Staszewska
Keyword(s):  
Business Model ◽  
Development Process ◽  
Model Development ◽  
Public Enterprise ◽  
Social Characteristics ◽  
For Profit ◽  
Not For Profit ◽  
Balanced Approach ◽  
Complex Process ◽  
Business Model Development

Innovative business model development, understood as a static phenomenon neglects the dynamic influences on both for-profit and not for profit sectors. Business model development is a complex process which has been well researched in corporations, but predominantly remained under-researched in not for-profit organisations. An exploratory study during 2011-2015 is undertaken to examine business development process in the areas of stability, sustainability and resistance in a local not for profit public enterprise. Findings suggest that a balanced approach to economic, ecological and social characteristics, organisational coping capabilities during volatile phases of business model development and organisational capability to manage during times of instability contributes to the type of business model development process.

The Role of Business Model Development in the Ex-Post Creation of Online Entrepreneurial Opportunity

2017 ◽  
pp. 818-842
Author(s):  
İpek Koçoğlu ◽  
Ali E. Akgun ◽  
Halit Keskin
Keyword(s):  
Business Model ◽  
Model Development ◽  
Real Life ◽  
Social Infrastructure ◽  
Entrepreneurial Opportunity ◽  
Ex Post ◽  
The Creation ◽  
Online Entrepreneurs ◽  
Business Model Development

This research aims to tap into the largely opaque origins of opportunities in the online context by exploring the role of business model development as a key for the creation and configuration of the mental and social infrastructure necessary for the emergence of online entrepreneurial opportunity. Tracing the sources of online entrepreneurial opportunity reveals that successful online entrepreneurs claim to proactively manage their environment in terms of unfolding actions which result in the enactment and creation of entrepreneurial opportunities. Based on this real life contention and the emerging view of entrepreneurial opportunity, this chapter aims to achieve a deeper understanding on the creation of online opportunities through a quantitative study empirically testing the link between business model development and online entrepreneurial opportunity as creation in order to shed light on how business model generation shapes the way entrepreneurs socially co-create opportunities in the online context.

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