Journal articles: 'Business Model Transitions'

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Bidmon, Christina M., and Sebastian F. Knab. "The three roles of business models in societal transitions: New linkages between business model and transition research." Journal of Cleaner Production 178 (March 2018): 903–16. http://dx.doi.org/10.1016/j.jclepro.2017.12.198.

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Hernández-Chea, Roberto, Akriti Jain, Nancy M. P. Bocken, and Anjula Gurtoo. "The Business Model in Sustainability Transitions: A Conceptualization." Sustainability 13, no. 11 (May 21, 2021): 5763. http://dx.doi.org/10.3390/su13115763.

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Business models direct a firm’s activity to move in coherence with the objectives of the business. Current literature suggests business models can act as vital forces to facilitate sustainability transitions and highlights the urgent research call to understand the role of business model innovations in stimulating sustainability transitions. This paper addresses this research need by investigating how firms create business model innovations for system-level transformation towards sustainability. Through a systematic literature review and deductive content analysis methodology, we identify and categorize different combinations of innovative activities in a firm’s business model. Furthermore, two cases are illustrated to demonstrate the proposed conceptual model. The proposed conceptualization bridges a significant gap in the theme of sustainability and business and presents a defensible and researchable problem for transitions literature. Specifically, we find (1) shared vision and strategic dialogues among firms in different sectors as essential to develop value propositions and leverage business opportunities for sustainability in the long run; (2) companies ensure sustainable value creation and value delivery in the medium term through creation of an interdependent network of the green supply chain and collaboration with stakeholders; (3) in the short term, companies adopt sustainable practices, controlling daily operations, conducting awareness campaigns and experimenting with collaborations to deliver values based on sustainable practices.

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Zaborowski, Mirosław. "Information-decision model for self-controlling enterprise processes." Engineering Management in Production and Services 10, no. 4 (December 1, 2018): 34–54. http://dx.doi.org/10.2478/emj-2018-0021.

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Abstract This study demonstrates that integrated management and direct control systems may be organised as integrated enterprise process control (EntPC) systems, which are composed of self-controlling enterprise business processes. A business process has been defined as a control system for business activities, which are considered to be business processes of the lower level, or as base processes that are control systems for control plants in the form of infrastructure operations. An enterprise process also influences its delivery. This definition has been generally compared with definitions used in approaches of BPMN, YAWL, ARIS, DEMO and MERODE. Each enterprise process has its own controlling unit that contains one information unit and one decision unit, as well as memory places of the information-decision state variables that are processed by the business transitions that belong to these units. The i-d state variables are attributes of business objects, i.e. business units, business roles, business activities, business accounts and business products. Their values are transferred between business transitions that belong to the same or different controlling units. Relationships between business objects, business transitions and i-d state variables, as well as the other most important concepts of the EntPC system framework (EntPCF), are presented in this paper as the class diagrams of the enterprise process control language (EntPCL).

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Koilo, Viktoriia. "Evaluation of R&D activities in the maritime industry: Managing sustainability transitions through business model." Problems and Perspectives in Management 19, no. 3 (September 9, 2021): 230–46. http://dx.doi.org/10.21511/ppm.19(3).2021.20.

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The maritime industry is always at the forefront of knowledge and new technology. In recent years, the companies have used large resources in research and development (R&amp;D) towards environmentally friendly technology. At the same time, there exist many issues around this: are those companies enough good at the utilizing of R&amp;D fonds, i.e., do they put new technology together with solutions that are best adapted to the customer requirements (export-oriented), on the one hand, and are they efficient and sustainable, on another hand? Hence, the current paper aims to study how the R&amp;D costs contribute to value creation and sustainable transition in the maritime industry. To achieve this goal, R&amp;D activities in the maritime industry were analyzed using correlation and linear regression analyses between 2010 and 2019. The results show that those indicators that have the greatest positive impact on value-added are R&amp;D expenditures in the business enterprise sector and turnover from product innovations. Also, it was revealed that there is a negative impact of trade indicators on value creation. In addition, the study proves that R&amp;D activities are contributing to the sustainable transition of the maritime industry. Overall, it was concluded that without sufficient public support, strategy, and new business models, export-oriented industries benefit less from innovation. Acknowledgment The study is supported by a grant from the Research Based Innovation “SFI Marine Operation in Virtual Environment (SFI-MOVE)” (Project no: 237929) in Norway.

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Derks, Milou, Frank Berkers, and Arnold Tukker. "Toward Accelerating Sustainability Transitions through Collaborative Sustainable Business Modeling: A Conceptual Approach." Sustainability 14, no. 7 (March 23, 2022): 3803. http://dx.doi.org/10.3390/su14073803.

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Sustainability transitions are purposeful and require deliberate collective action from multiple organizations, leading to the necessity to adopt new business models and redesign value networks. In both business model and sustainability transition research, the explicit activities needed to re-shape value creation and capture systems of organizations are largely unaddressed. We aim to fill this gap by proposing collaborative sustainable business modeling (CSBMing) as a participative multi-actor approach aimed at value network innovation to accelerate sustainability transitions. To do this, we first conceptualize a sustainability transition as a business ecosystem change. We then introduce the value network as the interceding level connecting the individual business to the wider ecosystem, which upon scaling, can change the ecosystem, leading to transition. CSBMing aims to redesign value networks and may thus be used as an actionable approach to accelerate transitions. Second, through the multi-level perspective, we explain how CSBMing can scale, influence other value networks, and change the ecosystem. Third, we recognize that scaling value networks might need more than just implementation of a CSBM and show how elements of CSBMing can complement executing transition management activities. We illustrate the potential role of CSBMing in accelerating transitions through two examples from the Dutch energy transition. In all, we show that CSBMing can be a fruitful approach to innovate and scale value networks, create collective action needed for sustainability transitions, and contribute to transition management activities.

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Lopes, Catia Milena, Annibal José Scavarda, Mauricio Nunes Macedo de Carvalho, and André Luis Korzenowski. "The Business Model and Innovation Analyses: The Sustainable Transition Obstacles and Drivers for the Hospital Supply Chains." Resources 8, no. 1 (December 23, 2018): 3. http://dx.doi.org/10.3390/resources8010003.

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This research aims to discuss the business model themes supported by the innovation regarding the sustainable transition difficulties to promote the hospital supply chains. A model for future applications and empirical analyzes in the health service area is proposed. In the current hospital scenario, the systems are characterized by the individualistic attention of the closed business models, hampering the promotion of the business models, the innovation, and the sustainable transitions as the sustainable supply chain (SSC) enablers. The survey evaluates the private hospital chain in Brazil. The model was evaluated by seven specialists indicated by the main private Brazilian hospitals that are accredited by Joint Commission International and Public Ministry. The discussion presented seeks to advance the observation and the understanding of the relationships among the business models, the innovation, the sustainable transitions, and the sustainable supply chains in the health socioeconomic context through the lens of the service provider, without exhausting these themes separately. The main results are the issues related to the difficulties of sustainable transition to promote the SSC in the hospital context, showing the elements into which the hospitals are inserted and helping to close the gap in the literature on the subject. Sustainable transitions, along with the SSC, present themselves as rich and challenging themes, but are beneficial for conducting dialogues between approaches.

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Lopes, Catia, Annibal Scavarda, Guilherme Vaccaro, Christopher Pohlmann, and André Korzenowski. "Perspective of Business Models and Innovation for Sustainability Transition in Hospitals." Sustainability 11, no. 1 (December 20, 2018): 5. http://dx.doi.org/10.3390/su11010005.

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Hospitals have valuable resources but are have facedsignificant changes over recentdecades. The adoption of principles that drive the strategic development of business models as innovation is imperative in these institutions. This research study aims to articulate a conceptual review of business models, innovation, and sustainability transition in the context of health business. It proposes a model for future applications in hospitals. This proposed model emphasizes the relations that arise under the multiple-level perspective. It also addresses the evolution of the concepts of business models and innovation that might contribute to the sustainability transition movement once new sociotechnical systems get space in these organizations. The main results of this conceptual review are the multiple depictions of internal and external elements that mutually interact to describe the dynamics of transitions. In the landscape level, elements such as ecological modernization and corporate social responsibility interact with elements of the regime level—legal, technological, and efficiency aspects—and with the niche’s aspects, represented by transitions from low to high quality and efficiency in services. This proposed model is justified by the lack of studies that address the sustainability transition models in hospitals and by its potential of adaption to particular contexts.

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Muthumala, H. S., C. Eves, D. Oswald, and D. Halvitigala. "Energy-as-a-service: A new business model for the built environment?" IOP Conference Series: Earth and Environmental Science 1101, no. 2 (November 1, 2022): 022006. http://dx.doi.org/10.1088/1755-1315/1101/2/022006.

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Abstract The energy landscape in Australian built environment is becoming more complex, with traditional utility consumption declines and the rise of renewable energy sources, meaning buildings are able to generate, monitor and store their own energy. These energy transitions are impacting upon the stability of traditional business models. Energy-as-a-service (EaaS) as an emerging business model has shown potential under this complex energy transition. However, with limited studies into this business model, there is a research gap in understanding of how EaaS can facilitate a successful energy transition. In addressing such research gap, this study investigates about potential pathways to establish EaaS from an industry perspective. A generic qualitative research design within a constructivist paradigm was adopted in this exploratory study with twenty-nine semi-structured interviews. The study revealed four recommended directions EaaS could be practically established for improving energy transition within the built environment. This study contributes by providing research-based evidence into new, emerging, and innovative business models within the built environment.

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Fairuzia, Arifah, Muhammad Ainul Yaqin, Maulana Muhammad El-Sulthan, and Fauziyah Amini. "Pengembangan Model Proses Bisnis Berbasis Aliran Proses dan Aliran Data." Jurasik (Jurnal Riset Sistem Informasi dan Teknik Informatika) 5, no. 1 (March 1, 2020): 118. http://dx.doi.org/10.30645/jurasik.v5i1.176.

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Data Objects and Data Stores are two notations that exist in BPMN, but in their implementation, in XPDL Data Objects and Data Stores still do not fulfill their function as data stream loaders. So data injection is needed so that the business process model can contain process flow and data flow. The purpose of this study is to develop business process models so that business process models can contain process flow and data flow. The business process model can contain process flow and data flow if there is data injected through XPDL from the business process model. Data injection is performed on XPDL Data Objects, Data Stores and transitions. Before injecting data into XPDL, the data to be injected is analyzed first. After being analyzed, the data is injected into XPDL Data Objects, Data Stores and transitions. After the data is injected, XPDL is tested whether it can be reopened as a business process model or not with Bizagi software. The results obtained are XPDL files that can inject data in the Data Store, Data Objects and transitions. XPDL that has been injected by the data in the test can be reopened in Bizagi software. The conclusion of this research is the process flow and data flow in the business process model can be developed.

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Jocevski, Milan, Niklas Arvidsson, Giovanni Miragliotta, Antonio Ghezzi, and Riccardo Mangiaracina. "Transitions towards omni-channel retailing strategies: a business model perspective." International Journal of Retail & Distribution Management 47, no. 2 (April 16, 2019): 78–93. http://dx.doi.org/10.1108/ijrdm-08-2018-0176.

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Purpose Digitalisation has been identified as a driving force behind retail sector transformation. The purpose of this paper is to provide a deeper understanding of how omni-channel strategies link to the digitalisation phenomenon. The study is explorative in nature and aims to expand existing knowledge by using a business model (BM) perspective. Design/methodology/approach The study uses a qualitative approach. Data collection involved a questionnaire answered by 13 firms from three retail segments (i.e. fashion, consumer electronics and bookstores and media) and a group discussion with senior managers. The data were complemented with information from websites, applications and available online reports. Findings The findings present empirical insights about different strategic and BM approaches to omni-channel retailing and highlight examples of pioneering retailers from the Italian market. The proposed framework consolidates earlier studies and puts forward three dimensions for a successful transition to omni-channel retailing BMs: a seamless customer experience, an integrated analytics system and an effective supply chain and logistics. Practical implications Managers can employ an overview of mobile commerce usage to manage the process of integrating channels, within their BMs, alongside the customer journey. Particular attention should be paid to development and the use of data analytics tools as one of the dimensions with a significant impact on omni-channel management. Originality/value First, this paper applies a BM perspective as a novel approach for analysing a transition to omni-channel retailing. Second, it is based on empirical analysis of three retail segments, which provide new insights into omni-channel strategies in the retailing literature.

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Mutarraf, Umair, Kamel Barkaoui, Zhiwu Li, Naiqi Wu, and Ting Qu. "Transformation of Business Process Model and Notation models onto Petri nets and their analysis." Advances in Mechanical Engineering 10, no. 12 (December 2018): 168781401880817. http://dx.doi.org/10.1177/1687814018808170.

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Business Process Model and Notation is known as a widely used standard for business processes modeling. However, its main drawback is that it lacks formal semantics, leading to some undesirable properties, such as livelocks and deadlocks, such that it creates models with semantic errors. In order to formally verify them, we need to transform it onto a formal language, for example, Petri nets. The approach proposed in this article is an extension of previous approaches stated in the literature by adding probability to gateways and time to transitions. The first aim is to transform the Business Process Model and Notation process diagram onto Petri nets automatically using a developed software package. The developed software package is capable of transforming the XML file of a Business Process Model and Notation process diagram into “m” files of a Petri net. The “m” files of the Petri net are then coupled with the General Purpose Petri Net Simulator (GPenSIM) for analysis in MATLAB. The second aim is to manually transform the Business Process Model and Notation process diagram using mapping figures onto Petri nets and then analyze it using Timed Petri Net Analyzer tools. The advantage of transforming a Business Process Model and Notation diagram automatically is that we can add time to transitions and probability to gateways. Furthermore, the simulation time can be checked using MATLAB.

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SAIKI, YOSHITAKA, and KEN-ICHI ISHIYAMA. "RECOGNITION OF TRANSITION PATTERNS IN A BUSINESS CYCLE MODEL USING UNSTABLE PERIODIC ORBITS." International Journal of Bifurcation and Chaos 21, no. 04 (April 2011): 1203–14. http://dx.doi.org/10.1142/s0218127411028945.

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More than a thousand unstable periodic orbits with relatively low periods are identified from a continuous dynamical system which represents business cycles of two countries with different fiscal policies. Patterns of regimes and regime transitions are clearly recognized by using the detected periodic orbits. Both regimes and regime transitions are essential structures in chaotic business fluctuations generated by interactive behavior among workers, entrepreneurs and governments.

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Johnson, Jeff S., and Joseph M. Matthes. "Sales-to-Marketing Job Transitions." Journal of Marketing 82, no. 4 (July 2018): 32–48. http://dx.doi.org/10.1509/jm.17.0279.

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Careers evolve over time and can take many paths as they develop. Within marketing and sales, a common variant of career progression is to begin in a sales position and then advance internally into a marketing role. Doing so provides employees with unique but complementary sets of skills, experiences, and perspectives that may increase their efficacy as marketers. However, sales-to-marketing job transitions (SMJTs) can also be suboptimal and result in adverse outcomes. Although the sales–marketing interface literature has examined how the two functions work together, the SMJT process is unclear. To provide an understanding of this phenomenon, the authors conduct in-depth interviews across a host of different companies and industries with 56 informants who successfully transitioned intraorganizationally from sales to marketing, informants who transitioned but did not remain in marketing, and executives. They develop a theoretical model consisting of transition motivation, acquisition, preparation, and encounter. They also advance individual and organizational facilitators of SMJTs and discuss SMJTs’ potential positive and negative effects on the organization.

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Bolton, Ronan, and Matthew Hannon. "Governing sustainability transitions through business model innovation: Towards a systems understanding." Research Policy 45, no. 9 (November 2016): 1731–42. http://dx.doi.org/10.1016/j.respol.2016.05.003.

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Jungeilges, Jochen, and Tatyana Ryazanova. "Noise-induced transitions in a stochastic Goodwin-type business cycle model." Structural Change and Economic Dynamics 40 (March 2017): 103–15. http://dx.doi.org/10.1016/j.strueco.2017.01.003.

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Davis-Sramek, Beth, Rafay Ishfaq, Brian J. Gibson, and Cliff Defee. "Examining retail business model transformation: a longitudinal study of the transition to omnichannel order fulfillment." International Journal of Physical Distribution & Logistics Management 50, no. 5 (May 5, 2020): 557–76. http://dx.doi.org/10.1108/ijpdlm-02-2019-0055.

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PurposeThe purpose of this research is to provide a theoretical explanation of the strategic and structural changes occurring in US omnichannel retail supply chains. Using longitudinal data, the research documents transitions in retailers' supply chain strategies, specifically related to the order fulfillment process. It further offers explanation for how and why these transitions occurred.Design/methodology/approachThis research uses a process theory lens to explain the business model transformation of the omnichannel order fulfillment process. Using a case study approach, a longitudinal multicase study was conducted with six large US retailers over a span of 10 years. Within-case and cross-case analysis identifies the sequence and rationale of different strategic and structural shifts in retailers' omnichannel order fulfillment strategy.FindingsThe within- and cross-case analyses offer insight into how the transitions occur, at what rate they occur across several different retailers, and why the rate can differ across the stages of omnichannel transition among retailers. The research documents that retailers took varied approaches to strategically develop and structurally change their order fulfillment processes in their transition to omnichannel retail. The findings reveal that these approaches are dependent on retailers' store-based logistics capabilities and specific supply chain arrangements within their retail segment.Research limitations/implicationsThe longitudinal and theoretically driven approach provides researchers a better understanding of the business model transformation in US retail omnichannel operations. This approach builds theoretical context around why and how strategic and structural changes in omnichannel fulfillment occurred over time. It also explains the underlying omnichannel phenomenon more accurately than research focused on discrete changes at a single point in time.Practical implicationsThe findings and managerial insights can assist practitioners in understanding how environmental changes have led to strategic and structural shifts across different stages of omnichannel fulfillment evolution. These insights also provide guidance to retailers that are currently in early stages of developing their omnichannel fulfillment strategy.Originality/valueLogistics and fulfillment operations of retailers have changed dramatically over the last 10–15 years. The authors apply a process theory lens to explain how and why retailers have integrated their channels to achieve omnichannel success at the store level.

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Upadhayay, Sugam, and Omaima Alqassimi. "A Study on Assessing a Business Viability for Transition to a Circular Economy." WIJAR Volume 4 Issue 1 4, no. 1 (November 20, 2020): 78–94. http://dx.doi.org/10.47670/wuwijar202041suoa.

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The shift from the existing linear model of the economy to a circular model is gaining traction across business entities, nationally and globally. Minimal studies have been done that would support the circular transition for a business from an existing linear model. There is a significant gap between the formulation and implementation of circular strategies in business. This literature review explores the preexisting concepts of the business model canvas (BMC) and Value Hill tool for the implementation of circular strategies in a business by determining a Good Point for Transition (GPT). The favorable condition, where a business can transition from a linear economy (LE) to a circular economy (CE) is defined as a GPT. This study suggests a three-step generic process that would provide a company with clarity on how to incorporate circular strategies into their structure. Firstly, this review paper defines and elaborates upon the business model canvas (BMC) based on the prior work of Osterwalder and Pigneur (2010) and Lewandowski (2016). Secondly, it analyzes the Value Hill diagram, a strategic tool for circular activities, that a business can use upon implementation of a circular model (Achterberg et al., 2016). Finally, this work will indicate how a circular strategy can be selected on the basis of assessment of the BMC and Value Hill diagram of a business. For a better understanding of the process, IKEA's initiatives for circular strategies are used in the study. The paper concludes with a three-step generic model for determining GPT and emphasizes that the adoption of circular strategies for companies depends upon the circular expertise and resources they and their value chain partners have across the Value Hill diagram. Keywords: circular economy, circular strategies, circular business model canvas, value hill diagram, circular transitions

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Lang, Stephanie, Giulia Minnucci, Matthias Mueller, and Michael P. Schlaile. "The Role of Consumers in Business Model Innovations for a Sustainable Circular Bioeconomy." Sustainability 15, no. 12 (June 14, 2023): 9573. http://dx.doi.org/10.3390/su15129573.

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Over the last decade, various governments and supranational bodies have promoted the development of a circular bioeconomy (CBE) as a response to sustainability challenges. The transition towards a CBE requires the collaboration of different actors in the innovation (eco)system. With this conceptual paper, we apply a circular business model lens to address the research question: “What are the archetypical roles of consumers in business model innovations for a sustainable CBE?” We use a combination of complementary theories from the circular economy and bioeconomy literature, evolutionary innovation economics, sustainability transitions research, the business model literature, and the work on active consumers. Considering consumers’ agency as a continuum between the manufacturer-active paradigm and the consumer-active paradigm, we propose: (i) consumers in the manufacturer-active paradigm can actively influence circular business models with their purchase decision; (ii) consumers can act as lobbyists and influencers for circular business model innovation; (iii) in their different roles as customer, user, repairer, and reseller, consumers can incentivize organizations to adapt their business models to their needs; (iv) consumers can become key partners in the process of defining the normative orientation of the innovation paradigm for a CBE; (v) consumers can actively co-create value by means of co-ownership (e.g., through platform cooperatives).

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Shang, Zong Min. "An Exception Handling Approach for Service-Based Business Processes." Advanced Materials Research 605-607 (December 2012): 1700–1704. http://dx.doi.org/10.4028/www.scientific.net/amr.605-607.1700.

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This paper proposes an exception handling mechanism for running reliable service-based business processes. With Smart Process-based Application Model that we have proposed, a smart process is generated automatically according to the execution of composite web services to better meet user’s individual requirements. However, the loosely-coupled nature of the smart process introduces more exceptions during its running. This paper will mainly focus on the failures of a smart process, and give an approach to handle exceptions. Based on Execution Transition Diagram(ETD) and several execution states we define in this paper, exceptions can be handled automatically by selecting rational transitions in the ETD during the execution of a smart process.

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Han, Dong, and Yinhua Tian. "Analysis and Application of Transition Systems Based on Petri Nets and Relation Matrices to Business Process Management." Mathematical Problems in Engineering 2020 (March 31, 2020): 1–18. http://dx.doi.org/10.1155/2020/2545413.

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In order to improve the efficiency of conformance checking in business process management, a business alignment approach is presented based on transition systems between relation matrices and Petri nets. Firstly, a log-based relation matrix of the events is obtained according to the event log. Then, the events in the relation matrix are observed and the transitions in the model are firing, and the activities in the log and in the model are compared. Next, the states of the log and the model are recorded until no new state can be generated, so a transition system can be obtained which includes optimal alignments between the event log and the process model. Finally, two detailed algorithms are presented to obtain an optimal alignment and all optimal alignments between the trace and the model based on the given cost function, respectively. The availability and effectiveness of the proposed approach are proved theoretically.

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Elmustapha, Houda, and Thomas Hoppe. "Challenges and Opportunities of Business Models in Sustainable Transitions: Evidence from Solar Energy Niche Development in Lebanon." Energies 13, no. 3 (February 4, 2020): 670. http://dx.doi.org/10.3390/en13030670.

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Although business models presumably have a prominent role in socio-technical change remarkably little research has been conducted in this domain, more particularly in the context of developing economies. In this paper, we tap into this knowledge gap and study business model components and the challenges they face. We argue that the market value of renewable energy technologies will increase when new business models are implemented to overcome financial and institutional challenges. We complement concepts of the business model literature with the insights from the sustainable transitions literature. This paper addresses two research questions: What are the challenges of business and financial models in the transition towards decentralized solar energy driven systems? And what are the promising opportunities for new business models in a developing country context? To answer these research questions, we use a case study research design focusing on niche market development of solar thermal and solar photovoltaic (PV) technology in Lebanon. Data collection involved analysis of relevant text documents and expert interviews with 30 informants across different groups of stakeholders. Data analysis involved qualitative interpretation of collected data against concepts from the business model and Strategic Niche Management literatures. The results show that business model challenges initially were highly dependent on donor aid, which contributed to the launch and network creation of niche markets. Later, a shift to micro-finance and business startup models was observed, which showed promising development. Knowledge transfer and community empowerment were found to play an important role in developing new business models that involve consumers more closely. As this development is expected to take place more often, we expect that new opportunity pathways will develop in developing economies like Lebanon.

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Baber, William W., Arto Ojala, and Ricardo Martinez. "Effectuation logic in digital business model transformation." Journal of Small Business and Enterprise Development 26, no. 6/7 (December 9, 2019): 811–30. http://dx.doi.org/10.1108/jsbed-04-2019-0139.

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Purpose The purpose of this paper is to study how digital business models evolve when entrepreneurs move to new digital platforms and how this evolution is related to effectuation and causation logics. Design/methodology/approach This study applies a multiple case study approach to investigate how digital business models change in small, Japanese high-tech firms providing their innovations through different digital platforms. To investigate digital business models, this study considers the elements that comprise general business models. The case firms were selected based on size, products and transitions from physical to various digital platforms. Semi-structured interviews were conducted with the key decision-makers from the case firms. Findings The findings show that through digital transformation, the case firms’ digital business models evolved by following effectuation logic as well as causal logic. All the firms employed causal logic when moving to new platforms, among other actions. The case firms used effectual logic with success for product development and adjustments to their network. Especially firms providing video games relied on effectuation for high impact products. Effectual logic did not play a role at all in changes to value delivery and had only little impact on revenue structures. Originality/value This research helps understand how digitalization of platforms and subsequent moves to newer digital platforms improve a firm by changing the business model elements through effectuation and causation logics. This research extends the understanding of digital business model transformation to a more granular level, business model elements.

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Petzer, Brett John Mathew (B J. M. )., Anna (A J. ). Wieczorek, and Geert (G P. J. ). Verbong. "Cycling as a service assessed from a combined business-model and transitions perspective." Environmental Innovation and Societal Transitions 36 (September 2020): 255–69. http://dx.doi.org/10.1016/j.eist.2019.09.001.

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Slevin, Dennis P., and Jeffrey G. Covin. "Time, Growth, Complexity, and Transitions: Entrepreneurial Challenges for the Future." Entrepreneurship Theory and Practice 22, no. 2 (January 1998): 53–68. http://dx.doi.org/10.1177/104225879802200205.

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This paper presents a model that depicts the relationships between time, complexity, and transitions in the context of high-growth new ventures or stable ventures that have been forced into radical change as a consequence of environmental conditions. This model treats time as an unrelenting driving force that requires organizational change and adaptation. Key parameters affecting transitions needed by successful organizations are explored, as are the rates at which these changes are accomplished. It is proposed that managers should seek to minimize overall transition time by making any required quantum changes to the organizational system quickly. Such changes are argued to best ensure the rapid reestablishment of viable organizational gestaits.

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Gregori, Wdowiak, Schwarz, and Holzmann. "Exploring Value Creation in Sustainable Entrepreneurship: Insights from the Institutional Logics Perspective and the Business Model Lens." Sustainability 11, no. 9 (April 29, 2019): 2505. http://dx.doi.org/10.3390/su11092505.

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Sustainable entrepreneurs intend to create environmental and social value while they build their financially viable business. With this in mind, they are embedded in multiple institutionalized value systems (i.e., institutional logics) that provide them with different, often contradictory values, beliefs, and guiding principles. Adhering to these value systems and integrating multiple forms of value into a coherent business model is a key task for sustainable entrepreneurs, yet current efforts lack insight into how this can be achieved. To address this, the article utilizes the institutional logic perspective in conjunction with the componential approach to business models. By analyzing a longitudinal in-depth case study, this article develops a novel theoretical model linking shifts in the entrepreneur’s perception of institutional logic to business model alterations, and emphasizes the underlying mechanisms and behavior of the sustainable entrepreneur. Sustainable entrepreneurs integrate and blend institutional logic through multiple business model transitions, which are characterized by a personal reorientation of the entrepreneur and new practices to implement change. Furthermore, our findings show that the entrepreneur’s habitus, the pre-change business model, and the change-specific dominant logic are integral and previously overlooked concepts that contextualize their business model transition. The findings and discussion advance the theoretical and practical understanding of the processes through which sustainable entrepreneurs integrate multiple forms of value into their business models. With that, the article contributes to research on sustainable entrepreneurship, institutional logic and business models.

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Bozkurt, Ödül, Mirela Xheneti, and Vicky. "On the Front Line of the Circular Economy: The Entrepreneurial, Identity and Institutional Work of a Female Entrepreneur towards the Circular Transition." Work, Employment and Society 36, no. 1 (December 30, 2021): 156–66. http://dx.doi.org/10.1177/09500170211043005.

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This article traces the experiences of Vicky, a female entrepreneur who runs a circular business that produces swim and activewear from regenerated fishing nets. The idea of a circular economy, which moves away from the linear economic model based on a make-use-dispose logic towards the elimination of waste and a sustainable use of the world’s resources, has rapidly gained popularity. Vicky’s story highlights the often overlooked but critical role of small businesses and their owners in this systemic change. Vicky performs three intertwined but distinct forms of work – entrepreneurial work on the business, identity work on the self and institutional work on the wider world – that all contribute to the circular transition. At the same time, Vicky exemplifies an alternative approach to entrepreneurship through a relational interpretation of circularity. Her case draws attention to how the labour of actors in the grassroots propels large-scale transitions.

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Moscarini, Giuseppe, and Fabien Postel-Vinay. "Wage Posting and Business Cycles." American Economic Review 106, no. 5 (May 1, 2016): 208–13. http://dx.doi.org/10.1257/aer.p20161051.

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The canonical model of job search and wage posting (Burdett and Mortensen, 1998) establishes a natural connection between the average wage growth in the economy and the pace of Employer-to-Employer (EE) transitions, predicting wage growth to be positively related to the pace of EE reallocation for all workers, but especially for stayers. We verify this empirically both with aggregate time series and with longitudinal micro data from the Survey of Income and Program Participation (SIPP). We argue that monetary authorities concerned with inflationary wage pressure should pay more attention directly to EE reallocation and less to the unemployment rate.

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Akyuz, Goknur Arzu, and Mohammad Rehan. "A Generic, Multi-Period and Multi-Partner Cost Optimizing Model for Cloud-Based Supply Chain." International Journal of Cloud Applications and Computing 6, no. 2 (April 2016): 55–63. http://dx.doi.org/10.4018/ijcac.2016040106.

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Cloud technology in a multi-enterprise, collaborative context is one of the most promising topics at IT-Supply Chain (SC) intersection. Cloud comes with well-proven advantages and cost savings; enabling collaboration and business intelligence. Cloud transition is still on-going with individual enterprise-level transitions. However, collaborative paradigm dictates that entire network well-being is to be considered over enterprise-level concerns. Thus, handling the transition of a single enterprise is not sufficient for strategic network leverage. Planning and managing across multiple enterprises is required, taking into consideration various cost items and budget constraints. In this study, a multi-period multi-partner cost-optimizing model is developed for network-level management of cloud transition for a SC. The model produces an optimal transition plan, indicating timing of the transition for each partner to obtain the maximum cost savings across network over a specified planning horizon. The model proposed is generic, flexible and customizable for different sectors/settings.

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Engwall, Mats, Matti Kaulio, Emrah Karakaya, Maxim Miterev, and Daniel Berlin. "Experimental networks for business model innovation: A way for incumbents to navigate sustainability transitions?" Technovation 108 (December 2021): 102330. http://dx.doi.org/10.1016/j.technovation.2021.102330.

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Zapata Riveros, Juliana, Matthias Speich, Mirjam West, and Silvia Ulli-Beer. "Combining Business Model Innovation and Model-Based Analysis to Tackle the Deep Uncertainty of Societal Transitions—A Case Study on Industrial Electrification and Power Grid Management." Sustainability 13, no. 13 (June 29, 2021): 7264. http://dx.doi.org/10.3390/su13137264.

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Creating new business models is crucial for the implementation of clean technologies for industrial decarbonization. With incomplete knowledge of market processes and uncertain conditions, assessing the prospects of a technology-based business model is challenging. This study combines business model innovation, system dynamics, and exploratory model analysis to identify new business opportunities in a context of sociotechnical transition and assess their prospects through simulation experiments. This combination of methods is applied to the case of a potential business model for Distribution System Operators aiming at ensuring the stability of the electrical grid by centralizing the management of flexible loads in industrial companies. A system dynamics model was set up to simulate the diffusion of flexible electrification technologies. Through scenario definition and sensitivity analysis, the influence of internal and external factors on diffusion was assessed. Results highlight the central role of energy costs and customer perception. The chosen combination of methods allowed the formulation of concrete recommendations for coordinated action, explicitly accounting for the various sources of uncertainty. We suggest testing this approach in further business model innovation contexts.

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Gruchmann, Tim, Ani Melkonyan, and Klaus Krumme. "Logistics Business Transformation for Sustainability: Assessing the Role of the Lead Sustainability Service Provider (6PL)." Logistics 2, no. 4 (October 28, 2018): 25. http://dx.doi.org/10.3390/logistics2040025.

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Societal, economic and ecological prosperity will be highly affected in the next decades due to socio-demographic developments and climate change. The design of more sustainable logistics business types can address such challenges to build more resilient supply chains. Therefore, the discussion with regard to transformational potentials of logistics businesses provides valuable information to shape business strategies according to future sustainability requirements. Within the framework of this paper, a mixed-methods approach has been applied to explore and analyze drivers and barriers for sustainability transformations of logistics service providers (LSPs) and to evaluate related business strategies with optimization and simulation methods in a concrete regional context. So far, LSPs’ main obstacles are competitive pressure, focal firm orientation, and dependence on other supply chain members, while supply chain collaboration and integration, as well as the integration of sharing economy solutions and new digital technologies, have been identified as promising for sustainability transitions. Accordingly, this paper suggests a roadmap for the logistics sector while defining retention strategies such as growth, replication, mimicry, and mergence to meet future societal and environmental requirements. By doing so, this study contributes to theory by constructing the Lead Sustainability Service Provider (6PL) business model (arche)type and its role in societal transitions.

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Hall, Stephen, Mark Workman, Jeffrey Hardy, Christoph Mazur, Jillian Anable, Mark Powell, and Sophie Marie Wagner. "Doing business model innovation for sustainability transitions — Bringing in strategic foresight and human centred design." Energy Research & Social Science 90 (August 2022): 102685. http://dx.doi.org/10.1016/j.erss.2022.102685.

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Hall, Stephen, Mark Workman, Jeffrey Hardy, Christoph Mazur, Jillian Anable, Mark Powell, and Sophie Marie Wagner. "Doing business model innovation for sustainability transitions — Bringing in strategic foresight and human centred design." Energy Research & Social Science 90 (August 2022): 102685. http://dx.doi.org/10.1016/j.erss.2022.102685.

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Bashkirtseva, Irina, Davide Radi, Lev Ryashko, and Tatyana Ryazanova. "On the Stochastic Sensitivity and Noise-Induced Transitions of a Kaldor-Type Business Cycle Model." Computational Economics 51, no. 3 (November 25, 2016): 699–718. http://dx.doi.org/10.1007/s10614-016-9634-8.

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Hernández-Chea, Roberto, Pratheeba Vimalnath, Nancy Bocken, Frank Tietze, and Elisabeth Eppinger. "Integrating Intellectual Property and Sustainable Business Models: The SBM-IP Canvas." Sustainability 12, no. 21 (October 26, 2020): 8871. http://dx.doi.org/10.3390/su12218871.

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Companies attempt to address global sustainability challenges through innovating products, services, and business models. This paper focuses on sustainable business model (SBM) innovations as a way to systemically transform businesses towards sustainability. It has been widely recognized that strategic approaches to using intellectual property (IP) need to be aligned with business model innovation for commercial success. Here we suggest that IP, aligned with SBMs, can also be used to create not only commercial, but also societal and environmental impact. Knowledge about how to best align IP with SBMs to drive sustainability transitions remains limited. We address this gap by developing an SBM-IP canvas that integrates IP considerations into each of the SBM canvas building blocks. We do this by employing relevant theoretical concepts from three literature streams, namely the business model (including SBM), IP, and innovation literature. We use case examples to illustrate different IP considerations that are relevant for the SBM-IP building blocks. These examples show that different IP types (e.g., patents, trademarks) and ways of using them (e.g., more or less restrictive licensing) are applied by companies in relation to the different building blocks. While covering new theoretical ground, the proposed SBM-IP canvas can help decision makers understand how they can use different IP types strategically to propose, create, deliver, and capture sustainable value for society, environment, and the business.

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Yang, Lingkai, Sally McClean, Mark Donnelly, Kevin Burke, and Kashaf Khan. "Detecting and Responding to Concept Drift in Business Processes." Algorithms 15, no. 5 (May 21, 2022): 174. http://dx.doi.org/10.3390/a15050174.

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Concept drift, which refers to changes in the underlying process structure or customer behaviour over time, is inevitable in business processes, causing challenges in ensuring that the learned model is a proper representation of the new data. Due to factors such as seasonal effects and policy updates, concept drifts can occur in customer transitions and time spent throughout the process, either suddenly or gradually. In a concept drift context, we can discard the old data and retrain the model using new observations (sudden drift) or combine the old data with the new data to update the model (gradual drift) or maintain the model as unchanged (no drift). In this paper, we model a response to concept drift as a sequential decision making problem by combing a hierarchical Markov model and a Markov decision process (MDP). The approach can detect concept drift, retrain the model and update customer profiles automatically. We validate the proposed approach on 68 artificial datasets and a real-world hospital billing dataset, with experimental results showing promising performance.

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Thyroff, Anastasia, Jennifer Siemens, and Brandon McAlexander. "The influence of material reliance, personal control, and expectations on quality of life during consumers’ life transitions." Journal of Consumer Marketing 35, no. 7 (November 12, 2018): 743–53. http://dx.doi.org/10.1108/jcm-02-2017-2078.

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Purpose Drawing from a life course theory, this paper aims to investigate the relationship between material reliance and quality of life for consumers going through a life transition, with attention given to individual differences and transition-specific characteristics. Design/methodology/approach Study 1 uses qualitative interviews with transitioning consumers, while Study 2 tests a survey-based conditional mediation model. Findings For liminal consumers, perceived personal control mediates the effect of material reliance on quality of life, but having negative expectations of the transition can override this effect. Originality/value Although previous research has given attention to material reliance, personal control and quality of life in various combinations, the impact of their combined effect has not been examined. Furthermore, these constructs have not been examined within the context of life transitions.

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Bäckström, Ingela, Pernilla Ingelsson, Lilly-Mari Sten, and Marie Häggström. "A proposed model for developing quality and efficiency in transitional care." TQM Journal 35, no. 9 (April 4, 2023): 107–22. http://dx.doi.org/10.1108/tqm-04-2022-0140.

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PurposeThe purpose of this study is to develop a model describing different factors that affect quality and efficiency in transitional care.Design/methodology/approachA meta-synthesis focusing on the transitions between wards was conducted within a research project. The results from eight studies within that research project have been combined and analysed from a holistic view.FindingsThe findings are a model with a description of seven different categories consisting of the identified factors affecting quality and efficiency in transitional care. Those categories are (1) learning organisation, (2) standardising and structuring, (3) applying a holistic view, (4) understanding organisational culture in a health care context, (5) management and leadership, (6) for whom value is created and (7) working together. The results from the study have been verified in previous research.Research limitations/implicationsThe result of the completed meta-synthesis is based on studies conducted at two medium-sized hospitals in Sweden. The developed model can be used in a similar context to improve quality and efficiency in patient transfers by management and employees working based on the various factors.Originality/valueThis model describes factors (success factors, prerequisites, conditions and lack thereof) affecting the ability to achieve quality and efficiency in transitional care that can be used in future research as well as for practical improvements.

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Camacho, Maximo, María Dolores Gadea, and Ana Gómez-Loscos. "An Automatic Algorithm to Date the Reference Cycle of the Spanish Economy." Mathematics 9, no. 18 (September 12, 2021): 2241. http://dx.doi.org/10.3390/math9182241.

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This paper provides an accurate chronology of the Spanish reference business cycle adapting a multiple change-point model. In that approach, each combination of peaks and troughs dated in a set of economic indicators is assumed to be a realization of a mixture of bivariate Gaussian distributions, whose number of components is estimated from the data. The means of each of these components refer to the dates of the reference turning points. The transitions across the components of the mixture are governed by Markov chain that is restricted to force left-to-right transition dynamic. In the empirical application, seven recessions in the period from February 1970 to February 2020 are identified, which are in high concordance with the timing of the turning point dates established by the Spanish Business Cycle Dating Committee (SBCDC).

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Pistol, Luminița, Radu Țoniș-Bucea-Manea, and Rocsana Țoniș-Bucea-Manea. "Petri Net Simulator for Small-Medium Enterprises’ Business Process Management in a Network Business Environment." Applied Mechanics and Materials 835 (May 2016): 841–46. http://dx.doi.org/10.4028/www.scientific.net/amm.835.841.

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Strong companies have a significant impact on Gross Domestic Product (GDP) growth, and also on the impoverishment of large segments of population. To balance this inequity the government policies have to sustain Small-Medium Enterprises (SMEs) to form a digital professional ecosystem in order to represent a real competition for big companies. The digital environment dedicated to SMEs cooperation has to be based on distributed Information and Communications Technology (ICT) platforms. The article purpose is to test a dynamic economic model by simulating SMEs interactions in a Network Business Environment. SMEs interactions concern assets acquisitions through partnerships and developing commercial transitions. We used the Colored Petri Net (CPN) Tool for simulating SMEs interactions, based on Dining Philosopher problem. This simulation concerns a business ecosystem of SMEs and a single type asset. In our future research, one intelligent system engine should contain many other components able to answer to the business rules.

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Bruno, Giorgio. "Business process models and entity life cycles." International Journal of Information Systems and Project Management 7, no. 3 (October 27, 2021): 65–77. http://dx.doi.org/10.12821/ijispm070304.

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Tasks and business entities are the major constituents of business processes but they are not always considered equally important. The activity-centric approach and the artifact-oriented one have radically different visions. The former focuses on the control flow, i.e., on the representation of the precedence constraints between tasks, and considers the dataflow an add-on. The latter emphasizes the states of the business entities and defines the transitions between states in a declarative way that makes it difficult to figure out what the control flow is. This paper presents the ELBA notation whose purpose is to integrate those different visions by leveraging the dataflow. The dataflow defines the input and output entities of the tasks in process models. Entities flowing through tasks change their states and then a process model results from the combination of the life cycles of the entities managed by the process. Process models are complemented by information models that show the attributes and relationships of the entity types handled by the processes. Life cycles are intertwined in process models but they can be separated by means of an extraction technique that is illustrated in this paper with the help of two examples.

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Sharmeen, Fariya, Denise Drost, and Henk Meurs. "A business model perspective to understand intra-firm transitions: From traditional to flexible public transport services." Research in Transportation Economics 83 (November 2020): 100959. http://dx.doi.org/10.1016/j.retrec.2020.100959.

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Wesseling, Joeri H., Christina Bidmon, and René Bohnsack. "Business model design spaces in socio-technical transitions: The case of electric driving in the Netherlands." Technological Forecasting and Social Change 154 (May 2020): 119950. http://dx.doi.org/10.1016/j.techfore.2020.119950.

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Bashkirtseva, Irina, Tatyana Ryazanova, and Lev Ryashko. "Confidence Domains in the Analysis of Noise-Induced Transition to Chaos for Goodwin Model of Business Cycles." International Journal of Bifurcation and Chaos 24, no. 08 (August 2014): 1440020. http://dx.doi.org/10.1142/s0218127414400203.

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Stochastically forced Goodwin model of business cycles is considered. In a multistable zone, we study the phenomena of noise-induced transitions and chaotization. To clarify a probabilistic mechanism of these phenomena found numerically, we apply a semi-analytical method based on the stochastic sensitivity function technique and confidence domains. Using elaborated method, we estimate a critical value of the noise intensity corresponding to the onset of chaos.

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Kopina, Dmitriy. "Reinventing Organizations: Model of Self-Organized Process Organization (SOPO)." Organizacija 52, no. 2 (May 1, 2019): 127–41. http://dx.doi.org/10.2478/orga-2019-0009.

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Abstract Background and Purpose: Self-organization in teams and Business Process Orientation have been subjects of many separate researches, yet there is lack of research actually joining it within a common research. The purpose of our research is to define a research model for new type of service organization - called SOPO (Self-Organised Process Organization). This model sets research base to determine SOPO’s maturity level and a self-assessment tool, helping new emergence or transitions of existing organization toward SOPO. Methodology: We conducted a case researches in three ICT service companies, which were undergoing a transition process towards SOPO. We conducted several in-depth, un-structured and structured part of interviews with employees holding three different positions in each organization. Hereby we present the researched organisation with most explicit case. Results: We defined the key elements of the model and tested it in a case research. Key elements are Self-Organised Work Teams (SOWT) and Business Process Orientation (BPO). Both SOWT and BPO are positively affecting level of SOPO. Level of SOPO is positively related to both, enthusiasm of personnel to work in self-organised environment and perceived Quality of Service (QS). Conclusion: SOPO model can be used: (1) in existing companies as a blueprint for SOPO implementation, (2) to assess the maturity level of companies reinventing their organizational structure, and (3) helping SOPO organizations to structure changes toward higher service quality. SOPO model is a viable starting point in further research. Further verification of the SOPO model by a quantitative research is needed.

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Böckenholt, Ulf, and William R. Dillon. "Inferring Latent Brand Dependencies." Journal of Marketing Research 37, no. 1 (February 2000): 72–87. http://dx.doi.org/10.1509/jmkr.37.1.72.18726.

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In this article, the authors develop a class of models to reconstruct brand-transition probabilities when individual brand purchase sequence information is not available. The authors introduce two general model forms by assuming different underlying mechanisms for individual heterogeneity in brand switching. The first model form captures individual heterogeneity by a latent class structure. The second model form captures individual heterogeneity by postulating that the brand-choice probabilities follow a Dirichlet distribution, which yields the popular Dirichlet multinomial formulation. Monte Carlo simulations are performed with a view toward assessing whether individual transition probabilities can be captured from knowledge of only aggregated brand choices. Results indicate that the proposed method can indeed capture individual brand-transition probabilities under several different conditions. An empirical application illustrates how these models can be used to provide important information on individual brand transitions and the role of marketing-related covariates.

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Dunn, Barbara. "The Family Factor: The Impact of Family Relationship Dynamics on Business-Owning Families during Transitions." Family Business Review 12, no. 1 (March 1999): 41–57. http://dx.doi.org/10.1111/j.1741-6248.1999.00041.x.

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This paper presents preliminary findings from three longitudinal case studies forming part of ongoing doctoral research into the activities and dynamics of business-owning families as they address the tasks and issues required during their succession processes. Specifically, the paper qualitatively explores the nature, characteristics, and effects of family relationship dynamics in three family business systems undertaking the transfer of controlling ownership to the next generation (from father to son). A model is presented to describe the sources of anxiety “imperatives” and their management during transition processes. Conclusions are drawn about the characteristics of emotional dynamics in business-owning families and how these can, over time, hinder or help families manage these tasks.

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Sugiharti, Lilik, Neny Aditina, and Miguel Angel Esquivias. "Worker Transition Across Formal and Informal Sectors: A Panel Data Analysis in Indonesia." Asian Economic and Financial Review 12, no. 11 (October 17, 2022): 923–37. http://dx.doi.org/10.55493/5002.v12i11.4635.

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This paper examines the transition of workers between formal and informal jobs based on socio-demographic and employment characteristics. The study identifies factors that increase the likelihood of workers remaining in formal employment. The multinomial logistic regression model is incorporated to analyze labor transitions based on data from Indonesia's National Labor Force Survey (Sakernas) of 2017–2018. The findings show that 56.34% of workers were in informal activities and 30.58% were in formal jobs. Workers who transition from informal to formal jobs made up 6.84%, while 6.24% transitioned from formal to informal occupations. Informal workers were reluctant to move to the formal sector. Workers who are younger, unmarried, male, living in urban areas, and more educated are more likely to relocate from the informal to the formal sector. Work experience and participation in certified training can help shift workers to the formal sector, especially within the manufacturing industry.

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Stavrou, Eleni T. "A Four Factor Model: A Guide to Planning Next Generation Involvement in the Family Firm." Family Business Review 11, no. 2 (June 1998): 135–42. http://dx.doi.org/10.1111/j.1741-6248.1998.00135.x.

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The involvement of and the reasons for the involvement of offspring in their parents' firms can significantly affect the firm's future. In this paper, a conceptual model is presented that explains the decision process through which the most suitable level of involvement for the next generation in the firm may be assessed. The decision process involves four factors: family, business, personal, and market. These factors set the context for managing intergenerational transitions in family firms.

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Watz, Matilda, Steven Hoffenson, and Sophie I. Hallstedt. "EXPLORING SYSTEMIC FORCES THAT INFLUENCE SUSTAINABLE DESIGN TRANSITIONS." Proceedings of the Design Society 1 (July 27, 2021): 1501–10. http://dx.doi.org/10.1017/pds.2021.411.

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AbstractIn this research some systemic forces to sustainable design are described and mapped out, along with key areas, dimensions and stakeholders. These results are visualized in a causal loop diagram (CLD), which was the outcome of a group model building approach supported by a literature review. Within the proposed system model, represented by the system-level variables and their relationships within the CLD, some potential leverage points that can help make product design better contribute to sustainability are identified and described. These can be found in the balancing and reinforcing feedback loops of the CLD as well as the mapping to societal dimensions of sustainability transitions and stakeholder groups. Among the stakeholder groups, business managers, scientific researchers and engineering designers can be tied to the design community. Future research is proposed to build on these initial results to deepen the knowledge about the systemic drivers and barriers and leverage the contribution of design practice to sustainable development.

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Journal articles on the topic 'Business Model Transitions'

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