Innovative Business Models in the Aviation Industry

2021 ◽  
Vol 27 (3) ◽  
pp. 190-200
Author(s):  
A. V. Altoukhov ◽  
A. O. Gostilovich ◽  
K. A. Ivanov
Keyword(s):  
Business Models ◽  
Scientific Literature ◽  
Digital Technologies ◽  
Global Scale ◽  
Aviation Industry ◽  
Government Officials ◽  
Economic Sectors ◽  
Russian Market ◽  
Russian Scientific ◽  
Modeling Concept

Aim.The presented study aims to develop and substantiate recommendations for the development of companies in the aviation industry using digital technologies.Tasks.The authors illustrate the need to use innovative business models based on modern digital technologies; provide a theoretical review of foreign and Russian scientific literature on  the topic of the study; substantiate and present research methods, including the principles of selecting companies for the examination of their business models; obtain, structure, and present the results of the examination of business models of the selected companies; formulate conclusions and provide recommendations for the development of Russian companies in the aviation industry.Methods. To achieve the set aim, the authors examine business models of 20 innovative companies in the aviation industry, information about which is available at Crunchbase.com. Business models are analyzed using the business modeling concept proposed by A. Osterwalder and Y.  Pigneur.Results. Business models of several innovative companies in the aviation industry are analyzed in a structured way. Recommendations for transforming the business models of companies in the aviation industry are proposed and substantiated, which should allow Russian market agents to compete on a global scale.Conclusions.The obtained results can prove useful to representatives of various economic sectors aiming to transform the business models of their companies, government officials willing to improve innovation regulation practices, and members of the scientific community engaged in conducting similar and/or further research.

scholarly journals Digitalization of the economy as a pedagogical problem

2021 ◽  
Vol 27 (4) ◽  
pp. 99-106
Author(s):  
N. B. Strekalova ◽  
O. I. Podulybina
Keyword(s):  
Professional Training ◽  
Business Models ◽  
Scientific Literature ◽  
Digital Technologies ◽  
Digital Economy ◽  
High Tech ◽  
It Infrastructure ◽  
New Business ◽  
Main Components ◽  
New Business Models

The article provides an overview of trends in the digital economy that affect the professional training of a modern specialist. The essence of the concept of digitalization and its main components are determined, the author's interpretation of this concept is given. Particular attention is paid to the signs of a digital economy: the presence of a high-tech IT infrastructure, processing of big data based on modern digital technologies, the creation of digital solutions (products, platforms), the design of new business models. A theoretical analysis of scientific literature was carried out and a list of competencies that a specialist in the digital economy should possess was identified. To confirm the results obtained, an analysis of the opinions of employers was carried out, on the basis of which the most significant competencies and professional qualities of a specialist in the digital economy were identified. Based on the results of the analysis of employers' requirements for modern specialists, the tasks of vocational education for the training of a specialist in the digital economy were identified.

scholarly journals Growth Strategies & Internationalization for SMEs: an introduction to the special issue

2021 ◽  
Vol 38 (3) ◽  
pp. 15-19
Author(s):  
MICHELA MATARAZZO ◽  
LARA PENCO ◽  
MATTHIAS RAITH
Keyword(s):  
Business Models ◽  
Home Country ◽  
Small And Medium Enterprises ◽  
Digital Technologies ◽  
Global Scale ◽  
Corporate Image ◽  
Growth Strategies ◽  
Internationalization Strategies ◽  
Medium Enterprises ◽  
Deep Relationship

The increasing market globalization and the consequent enlargement of the market boarders continues to provide a multitude of growth opportunities to small and medium enterprises (SMEs). These opportunities include but are not limited to the expansion abroad through internationalization strategies. They refer also to the innovation of business models triggered by the fact that the SMEs operate in global sectors, and they can utilize global innovations and digital technologies to compete. The joint pursuit of digitalization and internationalization has proven to be most powerful in facilitating the SMEs growth processes on a global scale. The advantages that accrue to SMEs from the usage of digital technologies go beyond the mere Internet and rest mainly in the possibility to create a deep relationship with international customers, for example through the usage of social networks. This does not necessarily imply that the firms operate in two or more locations through trade, investments, and alliances, since SMEs can keep their location in the home country, while expanding their market borders by serving international customers, developing the global power of the brand and the international corporate image. At the same time they have to face international competitors in their home country as well. … to be continued

scholarly journals THE USE OF INNOVATIVE BLOCKCHAIN TECHNOLOGIES IN COMMERCIAL ACTIVITY OF THE AIRLINES

2020 ◽  
Author(s):  
Veronika Komandrovska ◽  
Keyword(s):  
Business Models ◽  
Personal Information ◽  
Digital Technologies ◽  
Air Transportation ◽  
Research Process ◽  
Aviation Industry ◽  
Competitive Advantages ◽  
Commercial Activity ◽  
Blockchain Technology ◽  
Modern Enterprise

The article is devoted to the study of the implementation of blockchain technologies for increasing the commercial activity of the airlines. The use of innovative digital technologies is one of the main means and conditions for ensuring the competitiveness of a modern enterprise. The possibilities of use, analyzes the benefits of using blockchain technologies to optimize the processes of mutual settlements, air transportation, increase the effectiveness of marketing impact on air passengers through the use of complete reliable personal information are researched. The study identified many obstacles to the active development of blockchain technology, in particular in aviation: the need for existing infrastructure, which involves many counterparties who may not be interested in disclosing their information and sharing it; lack of significant experience in the development and use of innovative digital technologies; lack of ready-made technological solutions for airlines; lack of specialists in the field of blockchain solution development and high development cost; the difficulty of determining the exact effectiveness of blockchain technologies. It was found that in the aviation industry, the quality and competitiveness of the transport product depends on many partner companies, information flows, management decisions, which prevents the rapid and uninterrupted exchange of information in a complex system of participants and management efficiency. Blockchain technology can help solve this problem through decentralization, transparency, high security and speed. The trends identified in the research process require the management of air transport companies to develop and implement modern innovative blockchain technologies that will not only adapt to current market conditions, but also use these developments to create competitive advantages. In this way, airlines will be able to anticipate problems and disruptions that may threaten their business models and develop a program of measures to prevent them.

Principles of Integration of Agricultural Educational Institutions and Processing Enterprises of Agro-Industrial Complex

2020 ◽  
pp. 75-80
Author(s):  
V.I. Volkov ◽  
Keyword(s):  
Vocational Education ◽  
Professional Education ◽  
Scientific Literature ◽  
Strategic Partnership ◽  
Educational Institutions ◽  
Industrial Complex ◽  
Russian Scientific ◽  
Reliable Basis

The article deals with the problems of development of agricultural vocational education in Russia and the possibility of its improvement based on the development of the process of interaction of agricultural educational institutions with processing enterprises of the agro-industrial complex of the country. The article discusses the possibility of creating a strategic partnership between the subjects of agricultural vocational education, which can become a reliable basis for the introduction of practice-oriented training. The study of the concept of «principle», presented in the dictionaries of Russian scientific literature, as well as the analysis of the principles of inte-raction of subjects of professional education, proposed by different authors. The possibility of using the proposed principles in the process of organizing interaction between agricultural edu-cational institutions and processing enterprises of the agro-industrial complex is investigated.

scholarly journals Literature review on business prototypes for digital platform

2020 ◽  
Vol 9 (1) ◽  
Author(s):  
Shrutika Mishra ◽  
A. R. Tripathi
Keyword(s):  
Literature Review ◽  
Business Model ◽  
Business Models ◽  
Digital Technologies ◽  
Digital Platform ◽  
New Business ◽  
Start Ups ◽  
The Way

Abstract In today’s world, many digitally enabled start-ups are budding all over the globe because of the fast enhancement in digital technologies. For the establishment of new business, it is necessary to adopt a proper business model which needs to define the way in which the company will provide values and the ways in which the customers can pay for their services. This paper aims to study the various business models being used in today’s marketplace and to provide a better understanding for these business models by having an insight on the attributes.

scholarly journals Blockchain Applications in Agribusiness: A Systematic Review

2021 ◽  
Vol 13 (4) ◽  
pp. 95
Author(s):  
Geneci da Silva Ribeiro Rocha ◽  
Letícia de Oliveira ◽  
Edson Talamini
Keyword(s):  
Complex System ◽  
Systematic Review ◽  
Web Of Science ◽  
Scientific Literature ◽  
Early Stage ◽  
Technological Development ◽  
Economic Sectors ◽  
Future Studies ◽  
Blockchain Technology ◽  
Near Future

Blockchain is a technology that can be applied in different sectors to solve various problems. As a complex system, agribusiness presents many possibilities to take advantage of blockchain technology. The main goal of this paper is to identify the purposes for which blockchain has been applied in the agribusiness sector, for which a PRISMA-based systematic review was carried out. The scientific literature corpus was accessed and selected from Elsevier’s Scopus and ISI of Knowledge’s Web of Science (WoS) platforms, using the PRISMA protocol procedures. Seventy-one articles were selected for analysis. Blockchain application in agribusiness is a novel topic, with the first publication dating from 2016. The technological development prevails more than blockchain applications since it has been addressed mainly in the Computer Sciences and Engineering. Blockchain applications for agribusiness management of financial, energy, logistical, environmental, agricultural, livestock, and industrial purposes have been reported in the literature. The findings suggest that blockchain brings many benefits when used in agribusiness supply chains. We concluded that the research on blockchain applications in agribusiness is only at an early stage, as many prototypes are being developed and tested in the laboratory. In the near future, blockchain will be increasingly applied across all economic sectors, including agribusiness, promoting greater reliability and agility in information with a reduced cost. Several gaps for future studies were observed, with significant value for science, industry, and society.

STUDY OF ITALIAN-LIBYAN RELATIONS IN RUSSIAN SCIENCE LITERATURE FROM THE LATE 20TH TO THE EARLY 21ST CENTURY

2021 ◽  
pp. 116-125
Author(s):  
Ekaterina S. Vysochina ◽  
Keyword(s):  
21St Century ◽  
Complex Analysis ◽  
Scientific Literature ◽  
Science Literature ◽  
Illegal Migration ◽  
Russian Science ◽  
Early 21St Century ◽  
Russian Scientific ◽  
Stage Of Development ◽  
The Moment

The main purpose of the article is to review the most complete and holistic scientific works of Russian authors which are devoted to the study of Italian-Libyan relations. To carry out the research a broad historiographic base on the topic was involved, the author turned to both the “classic” works of Soviet scientists, and to the most modern scientific figures. One of the main tasks in the study of the topic is to identify the historiographic issues associated with the lack of modern Russian scientific literature on the referred theme. The article analyzes the specific features of the literature published from the end of the 20th to the beginning of the 21st century in Russia, highlighting the issue of interaction between two countries in different spheres of international relations. The methodological basis of the work is the issue-chronological and complex analysis of the used literature, the establishment of the cause-effect relationships and patterns in the Russian authors approaches to their research, as well as their interpretation for the current stage of development of relations between the two countries. During research it was revealed that most of the scientific works of our compatriots are devoted to a certain, rather narrow, range of issues: the Italian–Turkish war of 1911–1912, cooperation between Libya and Italy in the control of illegal migration from Africa to Europe, Italian military intervention in the civil war in Libya 2011. At the same time, not many Russian authors cover and analyze the Italian-Libyan cooperation in the politi- cal, cultural, social, and economic fields during the long-term period of Colonel Gaddafi’s rule in Libya. In this regard, the author of the article notes that there is a great amount of historical data: the diplomatic documents, resolutions, offi- cial letters of top public executives, treaties and agreements between the coun- tries, including documents of international organizations that are not studied at present sufficiently. The article identifies the most perspective areas for further research of Italian-Libyan relations, what emphasizes the importance and relevance of the chosen topic. The author comes to a conclusion that at the moment it seems quite difficult to find a well-founded, comprehensive scientific literature designed to determine the nature and options for the development of relations between Libya and Italy at the modern stage.

How Digital Transformation Improves Perceptions of Oil and Gas Industry

2020 ◽  
Vol 72 (12) ◽  
pp. 33-33
Author(s):  
Chris Carpenter
Keyword(s):  
Digital Technology ◽  
Public Perception ◽  
Business Models ◽  
Oil And Gas ◽  
Digital Technologies ◽  
Oil And Gas Industry ◽  
Production Optimization ◽  
Petroleum Engineering ◽  
Co2 Injection ◽  
The Impact

The final afternoon of the 2020 ATCE saw a wide-ranging virtual special session that covered an important but often overlooked facet of the unfolding digitalization revolution. While the rising wave of digital technology usually has been associated with production optimization and cost savings, panelists emphasized that it can also positively influence the global perception of the industry and enhance the lives of its employees. Chaired by Weatherford’s Dimitrios Pirovolou and moderated by John Clegg, J.M. Clegg Ltd., the session, “The Impact of Digital Technologies on Upstream Operations To Improve Stakeholder Perception, Business Models, and Work-Life Balance,” highlighted expertise taken from professionals across the industry. Panelists included petroleum engineering professor Linda Battalora and graduate research assistant Kirt McKenna, both from the Colorado School of Mines; former SPE President Darcy Spady of Carbon Connect International; and Dirk McDermott of Altira Group, an industry-centered venture-capital company. Battalora described the complex ways in which digital technology and the goal of sustainability might interact, highlighting recent SPE and other industry initiatives such as the GAIA Sustainability Program and reviewing the United Nations Sustainable Development Goals (SDGs). McKenna, representing the perspective of the Millennial generation, described the importance of “agile development,” in which the industry uses new techniques not only to improve production but also to manage its employees in a way that heightens engagement while reducing greenhouse-gas emissions. Addressing the fact that greater commitment will be required to remove the “tougher two-thirds” of the world’s hydrocarbons that remain unexploited, Spady explained that digital sophistication will allow heightened productivity for professionals without a sacrifice in quality of life. Finally, McDermott stressed the importance of acknowledging that the industry often has not rewarded shareholders adequately, but pointed to growing digital components of oil and gas portfolios as an encouraging sign. After the initial presentations, Clegg moderated a discussion of questions sourced from the virtual audience. While the questions spanned a range of concerns, three central themes included the pursuit of sustainability, with an emphasis on carbon capture; the shape that future work environments might take; and how digital technologies power industry innovation and thus affect public perception. In addressing the first of these, Battalora identified major projects involving society-wide stakeholder involvement in pursuit of a regenerative “circular economy” model, such as Scotland’s Zero Waste Plan, while McKenna cited the positives of CO2-injection approaches, which he said would involve “partnering with the world” to achieve both economic and sustainability goals. While recognizing the importance of the UN SDGs in providing a global template for sustainability, McDermott said that the industry must address the fact that many investors fear rigid guidelines, which to them can represent limitations for growth or worse.

“Enabling circular business models in the fashion industry: the role of digital innovation”

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Phuc Hong Huynh
Keyword(s):  
Business Model ◽  
Circular Economy ◽  
Business Models ◽  
Digital Technologies ◽  
Theory And Practice ◽  
Chain Model ◽  
Fashion Industry ◽  
Digital Innovation ◽  
Content Type ◽  
Radical Innovations

PurposeDigital innovation and circular business model innovation are two critical enablers of a circular economy. A wide variety of digital technologies such as blockchain, 3D printing, cyber-physical systems, or big data also diverges the applications of digital technologies in circular business models. Given heterogeneous attributes of circular business models and digital technologies, the selections of digital technologies and circular business models might be highly distinctive within and between sectorial contexts. This paper examines digital circular business models in the context of the fashion industry and its multiple actors. This industry as the world’s second polluting industry requires an urgent circular economy (CE) transition with less resource consumption, lower waste emissions and a more stable economy.Design/methodology/approachAn inductive, exploratory multiple-case study method is employed to investigate the ten cases of different sized fashion companies (i.e. large, small medium-sized firm (SME) and startup firms). The comparison across cases is conducted to understand fashion firms' distinct behaviours in adopting various digital circular economy strategies.FindingsThe paper presents three archetypes of digital-based circular business models in the fashion industry: the blockchain-based supply chain model, the service-based model and the pull demand-driven model. Besides incremental innovations, the radical business model and digital innovations as presented in the pull demand-driven model may be crucial to the fashion circular economy transition. The pull demand–driven model may shift the economy from scales to scopes, change the whole process of how the fashion items are forecasted, produced, and used, and reform consumer behaviours. The paths of adopting digital fashion circular business models are also different among large, SMEs and startup fashion firms.Practical implicationsThe study provides business managers with empirical insights on how circular business models (CBMs) should be chosen according to intrinsic business capacities, technological competences and CE strategies. The emerging trends of new fashion markets (e.g. rental, subscription) and consumers' sustainable awareness should be not be neglected. Moreover, besides adopting recycling and reuse strategies, large fashion incumbents consider collaborating with other technology suppliers and startup companies to incubate more radical innovations.Social implicationsAppropriate policies and regulations should be enacted to enable the digital CE transition. Market patterns and consumer acceptances are considered highly challenging to these digital fashion models. A balanced policy on both the demand and supply sides are suggested. The one-side policy may fail CBMs that entail an upside-down collaboration of both producers and consumers. Moreover, it is perhaps time to rethink how to reduce unnecessary new demand rather than repeatedly producing and recycling.Originality/valueThe pace of CE research is lagging far behind the accelerating environmental contamination by the fashion industry. The study aims to narrow the gap between theory and practice to harmonise fashion firms' orchestration and accelerate the transition of the fashion industry towards the CE. This study examines diverse types of digital technologies in different circular business models in a homogeneous context of the fashion industry with heterogeneous firm types.

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