scholarly journals Theoretical Opportunities for Rural Innovation and Entrepreneurship Research

2021 ◽  
pp. 270-287
Author(s):  
Sachithra Lokuge
Keyword(s):  
Business Models ◽  
Digital Technologies ◽  
It Use ◽  
Theoretical Understanding ◽  
Digital Era ◽  
Rural Entrepreneurship ◽  
New Business ◽  
Orthodox View ◽  
New Business Models ◽  
Innovation And Entrepreneurship

Even though rural entrepreneurship and rural innovation have been studied for decades, the advent of social media, mobile, analytics, cloud computing, and internet of things—also referred to as digital technologies—has provided new opportunities and challenges for this vast discipline. As a result of the advent of digital technologies, we see new business models, new processes, products, and services emerging in the market. Such opportunities challenge the orthodox view of IT use and innovation, opening new avenues for researches, and challenges the existing theoretical understanding. This chapter is an attempt to understand the existing literature on rural innovation and entrepreneurship in information systems discipline and to identify opportunities for rural entrepreneurship and innovation in the digital era.

scholarly journals Digital transformation: harnessing digital technologies for the next generation of services

2019 ◽  
Vol 33 (4) ◽  
pp. 429-435 ◽  
Author(s):  
Mohamed Zaki
Keyword(s):  
Business Models ◽  
Digital Technologies ◽  
Customer Experience ◽  
Digital Transformation ◽  
Data Driven ◽  
Next Generation ◽  
Content Type ◽  
New Business ◽  
Market Opportunities ◽  
New Business Models

Purpose The purpose of this paper is to discuss digital transformation and its four trajectories – digital technology, digital strategy, customer experience and data-driven business models – that could shape the next generation of services. This includes a discussion on whether both the market and organizations are all ready for the digital change and what are the opportunities that will enable firms to create and capture value though new business models. Design/methodology/approach Providing services is a proven and effective way to secure a competitive position, deliver long-term stable revenues and open up new market opportunities. However, it is also clear that some organisations are struggling to digitally transform. Therefore, the commentary provides a brief insight into how firms explore the possibilities of digital transformation and navigate these uncharted waters. Findings Today’s digital technologies affect the organisation outside and in, enabling the creation of new business models and transforming the customer experience. The incumbents are acutely aware that they need to transform strategically – to build new networks and value chains. Originality/value This commentary extends earlier work exploring the digital disruption within services to highlight a number of connected areas: the challenges and opportunities of digital transformation at a strategic level, as well as understanding and enhancing the customer experience and seeing how new data-driven business models can underpin service transformation.

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.

Real estate in the digital era

2019 ◽  
Vol 44 (3) ◽  
pp. 119-127 ◽  
Author(s):  
Rob Harris
Keyword(s):  
Real Estate ◽  
Technological Change ◽  
Business Models ◽  
General Management ◽  
Digital Era ◽  
New Business ◽  
The Relationship ◽  
New Business Models

This article describes the relationship between economic and technological change and the design and management of contemporary workplaces. The article describes the changing nature of workstyles resulting from economic and technological change which are driving new business models. General management is increasingly having to address the nature of the workplace in order to attract and retain skilled and expensive workers.

The Benefits of New Online (Digital) Technologies on Business

2017 ◽  
pp. 1-17 ◽  
Author(s):  
Farhan Shaikh
Keyword(s):  
Process Optimization ◽  
Business Models ◽  
Business Processes ◽  
Digital Technologies ◽  
Customer Experience ◽  
Business Innovation ◽  
New Business ◽  
New Business Models ◽  
Do So ◽  
The Way

This chapter explores how digital technologies are impacting the businesses – challenging the industry leaders while enabling entrepreneurs to do so. The overall findings have been bucketed under three broad sections – Customer Experience, Process Optimization, and Business Innovation. The Customer Experience section captures the way companies are using the data from digital technologies to enhance the way they interact with the customers. The section on Process Optimization highlights the significant improvements achieved by using digital technologies for existing business processes. Business Innovation captures the transformation power of digital, through new business models, business areas, and data monetization.

scholarly journals Copyright Research in the Digital Age: Moving from Piracy to the Supply of New Products

2012 ◽  
Vol 102 (3) ◽  
pp. 337-342 ◽  
Author(s):  
Joel Waldfogel
Keyword(s):  
Business Models ◽  
New Products ◽  
Evidence Based ◽  
Travel Agents ◽  
Digital Era ◽  
New Business ◽  
Research Questions ◽  
Fruitful Research ◽  
The Impact ◽  
New Business Models

Twelve years into the Napster era, economists have devoted substantial attention to revenue consequences of unpaid file sharing. Yet, this is only one of a host of questions whose answers are needed to inform evidence-based copyright policy in the digital era. Digitization's effect on travel agents suggests fruitful research questions, which include the impact of digitization on the supply of new works, methods for consumer discovery of new products, and new business models available with digital distribution.

The Benefits of New Online (Digital) Technologies on Business

2018 ◽  
pp. 1070-1086
Author(s):  
Farhan Shaikh
Keyword(s):  
Process Optimization ◽  
Business Models ◽  
Business Processes ◽  
Digital Technologies ◽  
Customer Experience ◽  
Business Innovation ◽  
New Business ◽  
New Business Models ◽  
Do So ◽  
The Way

This chapter explores how digital technologies are impacting the businesses – challenging the industry leaders while enabling entrepreneurs to do so. The overall findings have been bucketed under three broad sections – Customer Experience, Process Optimization, and Business Innovation. The Customer Experience section captures the way companies are using the data from digital technologies to enhance the way they interact with the customers. The section on Process Optimization highlights the significant improvements achieved by using digital technologies for existing business processes. Business Innovation captures the transformation power of digital, through new business models, business areas, and data monetization.

scholarly journals Fundamentals of UI/UX design as a component of the pre-service specialist's curriculum

2021 ◽  
Vol 104 ◽  
pp. 02015
Author(s):  
Liudmyla I. Bilousova ◽  
Liudmyla E. Gryzun ◽  
Natalia V. Zhytienova
Keyword(s):  
Business Models ◽  
Digital Technologies ◽  
Educational Training ◽  
Ui Design ◽  
Wide Range ◽  
New Business ◽  
Invariant Part ◽  
Key Driver ◽  
Digital Competencies ◽  
New Business Models

Nowadays digitalization is considered to be a key driver of socio-economic development. Digital technologies are becoming the basis for creating new products and services as well as for the transition to new business models. Ukrainian course for the development of the digital economy requires the readiness of the education system to provide training of the specialists who are able to provide such transformations, which should be reflected both in the emergence of new areas of training and in focusing the content of educational training on the formation of new digital competencies of pre-service professionals. One of the competencies which is crucial and in demand today for a wide range of specialists, is the mastering the fundamentals of UX/UI-design. The purpose of the paper is to cover the approaches to the creation of the content of pre-service specialists' training on the fundamentals of UX/UI-design. The significance of the said fundamentals learning in the process of various specialists' training is discussed. It is proposed the practically-driven approach to the curriculum building. It is distinguished invariant and variable parts in the curriculum of such a training. The content of three core modules which make invariant part of the curriculum is presented. Some relevant forms of work with students are offered within each module. The prospects of the work make the preparation and doing empirical research directed on the verification of the offered approach to the curriculum building in the process of different specialists' training.

scholarly journals Technology and the attractiveness of new business models in the digital economy

2019 ◽  
pp. 9-23
Author(s):  
Wojciech Paprocki
Keyword(s):  
Comparative Analysis ◽  
Business Models ◽  
Renewable Energy Sources ◽  
Digital Technologies ◽  
Digital Economy ◽  
Goods And Services ◽  
New Business ◽  
Virtual Platform ◽  
The One ◽  
New Business Models

Dissemination of new digital technologies is linked with the adoption of new solutions that give shape to relationships between those who offer goods and services in the market and their consumers. In past decades, not all new projects have been commercialised successfully, which explains why one needs to examine the reasons behind a success or failure in putting in place new business models involving elements of digital technologies. This paper discusses a comparative analysis of two cases. Rapid growth of the Californian start-up Airbnb, an operator of a virtual platform in the flat-sharing business that, on the one hand, helps people rent out their properties and, on the other hand, helps travellers find short-term lodging is an example of global success. The non-implementation of the Energy Citizen project demonstrates that, despite a number of advantages, the prosumer model in generating and consuming energy from renewable energy sources so far has fallen short of success. Comparative analysis has helped us to conclude that to be commercially successful in the digital economy one needs a virtual platform operator capable of finding a business model attractive to all operators in a selected market segment. Ensuring benefits to consumers as well as to operators whooffer their goods or services in the market is the pre-condition.

Integrated Predictive Experience Management Framework (IPEMF) for Improving Customers Experience

2022 ◽  
Vol 12 (1) ◽  
pp. 0-0
Keyword(s):  
Feedback Loop ◽  
Business Models ◽  
Business Processes ◽  
Digital Technologies ◽  
Customer Experience ◽  
Digital Transformation ◽  
Management Framework ◽  
New Business ◽  
The Impact ◽  
New Business Models

Enterprises are adopting digital transformation with an exponential rate to drive growth through new business models and the use of digital technologies. Digital transformation is a business imperative rather than technology imperative. Hence, customer experience during and post-transformation is key to the success of the digital transformation. The present paper proposes an Integrated Predictive Experience Management Framework (IPEMF) for improving customer experience. IPEMF is- a structured and methodological business processes centric connected experience framework with the customer at the centre. The uniqueness of IPEMF is that it seamlessly integrates business processes, technology, organisation, and customer behaviour. It is agnostic of the business vertical or the geography. The framework puts forth an approach to predict the impact on customer experience proactively and provides a feedback loop to help continuously improve the experience. IPEMF helps enterprises build intuitive, trusted relationships and hyper-personalised customer experience through the customer journey.

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