Development Finance Institutions (DFIs) are government-owned entities that play an increasingly important role in supporting private sector projects in developing countries. This paper synthesizes key findings from the academic and grey literature to provide a comprehensive understanding of...

Purpose: This study aims to introduce a methodology dedicated to developing business models for industrial product service systems (IPSS) in mechanical engineering. It identifies shortcomings in generic methods and emphasizes the importance of a systematic approach. Design/Methodology/Approach:...

Purpose of the article: The purpose of this article is to introduce and explain the economic difficulty of transforming a company's business model and examine the change through selected economic theories. Methodology/methods: The methodology for the conduction of this paper is based on the...

Business sustainability is a factor that businesses, especially SMEs, are giving more and more thought to. Businesses are now looking for methods to integrate sustainable practices into their operations while keeping their business models intact as a result. This study primarily looks at how...

The advance of the fifth generation (5G) network globally has completely changed business models, giving rise to the birth of new companies with their business models and the adaptation of existing companies. This change is greatest in developing countries where 5G network deployment is scarce...

Understanding Business Models (BMs) has become an essential capability for organizations seeking to drive growth, revitalize a lagging core or defend against industry disruption. However, this concept still has multiple interpretations, as it is often intertwined with others, like business...

Purpose: Functioning of business models that follow the philosophy of circular economy is a growing research theme but discussion about the potential and the limitations of such business models remains unstructured. We provide a focused perspective on the meaning of complementarity between the...

With the growing prominence of digital technologies, the business model concept has become increasingly popular in the digital innovation domain. Research on how digital technologies enable business model innovation has so far mainly taken an inside-out perspective focussing on, for example, an...

Artificial Intelligence (AI) and the more recent generative technologies are disrupting many activities related to strategy and operations within organizations. Business model design is no exception. We define business model design as an iterative process involving a combination of creativity,...

The wide range of topics that the book covers are organised into sections reflecting a cradle to grave view of how entrepreneurial, innovative, and tech-savvy approaches can advance environmental sustainability in the fashion sector. These sections include: sustainable materials; innovation in...

The purpose of this research is to develop a methodological approach to assessing the impact of the architecture effectiveness of the enterprise business model on the level of its competitiveness. The study methodology suggests the author's approach to assessing the architecture effectiveness...

Modern hotel business models tend to split ownership of the property and its business operations. It can be assumed that a good-quality hotel facility per se can easily achieve high customer satisfaction. The purpose of this research was to investigate the effect of customer perception of hotel...

We examine whether business model concepts, that demonstrate significant convergence to Distributed Ledger Technology (DLT) attributes, fit to DLT ecosystem characteristics and identify similarities and deflections. We answer the question whether the appropriate DLT business model is totally...

For a long time, researchers and practitioners have implicitly drawn from the notion of complexity and complex systems to better explain business model dynamics. However, for analytical tractability, the nonlinear nature of the construct has never been explicitly acknowledged. To date, the...

This article aims to understand how organizations can simultaneously manage their business model innovation and replication processes. Using an exploratory qualitative approach, we analyze Airbnb’s business model innovation and replication processes when the company launched its new value...

Purpose Scholars have been increasingly interested in understanding business models. However, little attention has been paid to how business models change in reaction to exogenous circumstances and how business relationships alter as a result of business model changes. This paper investigates...

Purpose: Organisations are crafting business models to operate and be able to continue operating. While it is now common to mention the importance of the ecosystem surrounding a focal organisation, business models are often considered as internal configurations between resources, organisation...

To enhance the competitiveness of the traditional handicraft industry, providers should offer service experiences using their products (i.e., servitization) instead of merely selling them. Effective management for servitization in the traditional handicraft industry must consider the differences...