The Concept-Creative Business Model as Success Factor

2008 ◽  
Vol 9 (1) ◽  
pp. 13-35
Author(s):  
Gunter Faltin ◽  
Liv Jacobsen
Keyword(s):  
Business Models ◽  
Business Administration ◽  
Entrepreneurial Activity ◽  
Success Factor ◽  
Entrepreneurial Success ◽  
Complex Dynamic ◽  
Economic Rationale ◽  
New Business ◽  
Research Findings ◽  
New Business Models

Current discussions about entrepreneurship are framed primarily in terms of business administration. But entrepreneurship is more: a complex, dynamic and multifaceted phenomenon with a creative dimension that is in parts beyond economic-rationale discourse. Business models can be built upon something else than patents or research findings by transforming genuine concepts into entrepreneurial activity. Unconventionality and original thinking are essential factors for entrepreneurial success. In a world of ever-easier division of labor, entrepreneurs have the possibilities to use existing components to create new business models. This will open up perspectives for many more people to participate in entrepreneurship than previously imagined.

Proactive Organizational Structure in Financial System

2015 ◽  
pp. 393-404
Author(s):  
Korhan Arun ◽  
Tekin Yenigün
Keyword(s):  
Structural Changes ◽  
Business Models ◽  
Success Factor ◽  
Operation System ◽  
Critical Success ◽  
Reactive Behavior ◽  
New Business ◽  
Modern Business ◽  
Service Sectors ◽  
New Business Models

Technology alters the structure of the systems in the finance and service sectors. Nevertheless, technology has been chancing operating systems and as a source to the emergence of new business models. The boundaries of departments in enterprises are weakened and disappeared, these changes give rise to the emergence of showing less commitment in the behavior of employees. In modern business the survival of the organizations does not seem possible, which see success in reactive behavior of the strategy-structure-interaction classical triple. Critical success factor is based foresight and proactivity in all areas of operations including organizing. In this chapter, enterprise organizations' financial departments and resulting changes of structures of the financial sector entities, the effects of this structural changes in the operation system with the new business models is discussed, the tips on how financial system's agencies and departments can fulfill the requirements of proactive nature revealed is studied.

Understanding Data Analytics Is Good but Knowing How to Use It Is Better!

2019 ◽  
pp. 125-160
Keyword(s):  
Big Data ◽  
Data Analytics ◽  
Business Models ◽  
Big Data Analytics ◽  
Success Factor ◽  
New Business ◽  
Technical Architecture ◽  
The Veil ◽  
Key Success Factor ◽  
New Business Models

Collecting the data and being able to generate value from it: this is certainly the key success factor of tomorrow's champions, one that will allow you to innovate and create new business models. Faced with the 3Vs of big data, many companies are embarking on big data projects with the main objective: generating value. The goal is to succeed, by the detailed analysis of large amounts of data, to lift the veil and discover hitherto hidden models and barely perceptible correlations, as many new business opportunities that companies must grasp. The key to the success of any big data analytics initiative is to define your goals, identify specific business questions that a suitable technical architecture will need to answer, and use the data experts to generate value from data by using specific algorithms.

scholarly journals How Does a Social Open Innovation Succeed? Learning from Burro Battery and Grassroots Innovation Festival of India

2018 ◽  
Vol 24 (1) ◽  
pp. 122-143 ◽  
Author(s):  
Jinhyo Joseph Yun ◽  
Abiodun A. Egbetoku ◽  
Xiaofei Zhao
Keyword(s):  
Open Innovation ◽  
Business Models ◽  
Social Innovation ◽  
Innovation Policy ◽  
Success Factor ◽  
First Case ◽  
Grassroots Innovation ◽  
New Business ◽  
New Business Models

As people pay attentions to social innovation as the source of innovative ideas and the repository of new business models, this study poses the following research questions: How does a social open innovation succeed? What is the success factor of social open innovation? What are the successful dynamics of social open innovation? This article selected two case studies: one is the Burro Battery Company in Ghana and the other is grassroots innovation enterprise of India known as the Honey Bee Network and its collaborator, National Innovation Foundation (NIF), Ahmedabad. The first case is a social open innovation firm case while the second case is a social open innovation policy case. Through deep case study, we found out the ways of success of social open innovation strategy and social open innovation policy.

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