Policies and Innovations of Financial Technology Business Models in the Digital Economy Era on the E-Business Ecosystem in Indonesia

The rapid development of technology and information systems continues to give birth to various innovations, especially those related to financial technology to meet the various needs of the community, including access to financial services and processing of financial transactions. Financial technology (FinTech) is the implementation and utilization of technology to improve financial and banking services. The development of financial technology in Indonesia itself is growing rapidly, along with the development of existing technology. FinTech is developed by utilizing the latest software, internet, and computing technologies. Based on this, this study examines the development of innovation and policies for the fintech business model in the e-business ecosystem in Indonesia. This research is a qualitative research with data collection methods through focus group discussions, in-depth interviews, and literature studies. This chapter recommends that the government develop and make policies for fintech business model innovation in the e-business ecosystem in Indonesia.

Opening Closed Business Ecosystem Boundaries With Digital Platforms

Applying a business model approach, this chapter identifies various challenges in digital platform and platform-based business model development in the case of a physical port ecosystem. Using an empirical case, the chapter identifies the prerequisites and consequences of opportunities, value, and advantages for an existing ecosystem that aims to create a “digital twin.” It contributes to academic discussions on the intersection of ecosystems, platforms, and business models by exploring the antecedents and controversies of configuring ecosystem boundaries in a digital context. Moreover, the chapter contributes to research by analyzing how a previously closed ecosystem seeks to open its boundaries and interfaces, both internally among the internal ecosystem members and externally to the outside business environment.

Reshaping Beverage Retail in Urban Communities Through a Connected Platform

Business organisations are attempting to transform themselves according to the paradigms of Industry 4.0. This chapter presents the case of Tapfrsh kiosk, an internet of things (IoT)-based beverage service platform for urban communities. It discusses the business ecosystem, system design, technology usage, machine design, aesthetics, and operational aspects of the Tapfrsh kiosk. The authors include a critical commentary on the kiosk using a multidimensional lens. Entrepreneurial insights are discussed.

Modeling a Cyber Defense Business Ecosystem of Ecosystems

Providing cyber defense in a country is complex. It involves ensuring the security of various products and services that are part of a global supply chain. In this complex scenario, the challenge is the development of a cyber defense business ecosystem that, reaching a minimum level of maturity, guarantees the security of products and services in cyberspace. This work proposes a cyber defense business ecosystem of ecosystems (BEoE) model with two ecosystems that must be created or fostered, the human resources training ecosystem and the product and service homologation and certification ecosystem. These two cyber defense ecosystems are key to the sustainable growth of an entire chain of production and sourcing of cyber defense goods and services. The proposed model allows the Cyber Defense BEoE to evolve, so that different actors (companies and government agencies) with different levels of maturity in defense and cybersecurity may emerge. In this way, a country's Cyber Defense BEoE may be able to provide products and services at different levels of security for its defense system.

Scientific Community-Driven Ecosystem as a Supporter to Co-Create and Co-Evolute Science

One critical aspect of science is the ability to reproduce the same experiment by another researcher. In other to do so, the same ambient, variables, data, setup should be considered. The method tells how the original researcher planned and did their research, but how can others replicate or even advance the preview research? The scientific community has been focusing on efforts to increase transparency and reproducibility and develop a “culture of reproducibility.” When researchers share their data, their workflow, and co-evolute a way of doing research, all the players win. The value co-creation is established in a business ecosystem. The actor who is part of the business platform by the co-creation can leverage the advantage of one or more partners that make up the platform. Thus, the knowledge created from the interaction between the different technological domains and knowledge shared on the platform can improve all the research and researchers. Stating that, this chapter proposes a business ecosystem model to ensure research repeatability.

Crisis Management Practices in Tourism SMEs During COVID-19

This study examines the influence of tourism micro, small, and medium-sized enterprises’ (SMEs) business characteristics and liquidity and their managers’ demographic characteristics and expectations for assistance regarding crisis management practices (CMP) during the COVID-19 pandemic. The survey was conducted in the Republic of Slovenia, where the majority of businesses are classified as SMEs. This study focuses on tourist agencies, lodging, and food and beverage facilities. Overall, 572 valid online questionnaires have been obtained from SME managers. The research model included five research constructs: CMPs, SMEs business characteristics, liquidity, managers’ demographic characteristics, and their expectations for assistance. Results show that managers primarily rely on labour CMPs; liquidity, assistance from stakeholders, and governmental aid in dealing with the crisis. Results also indicate that SMEs’ business characteristics, managers’ demographic characteristics, and liquidity do not influence CMPs. The amount of provided governmental aid positively influences managers’ expectations for assistance from other stakeholders of the business ecosystem, while the amount of SMEs’ liquid assets negatively influences managers’ expectations for governmental aid. The use of selected indicators enables an internationally comparable benchmarking process and facilitates the improvement of crisis management in tourism SMEs. The conclusion provides recommendations and useful information for researchers, policymakers, and managers.