Business Model Canvas Framework Research Articles

Co-designing sustainable biochar business models with sub-Saharan African communities for inclusive socio-economic transformation

Smallholder farmers in sub-Saharan Africa (SSA) encounter multiple livelihood challenges. Embracing circular bioeconomy principles, particularly considering agricultural and food processing residues, could enable inclusive, locally led, sustainable development pathways within rural communities. Biochar products are one such example of a bio-based material that can be generated using circular principles and deployed for sustainable community development, including among smallholder farmers. This research leverages empirical evidence from four SSA regions to explore the potential of inclusive and sustainable biochar business models, namely: (i) Northern Region, Ghana, (ii) Yamoussoukro, Côte d’Ivoire, (iii) Casamance, Senegal, and (iv) Western Region, Uganda. Co-creation workshops using the Triple-Layered Business Model Canvas framework were carried out in each region with local stakeholders to evaluate the social, ecological, and economic implications of four locally relevant biochar applications: water filtration, biogas purification, soil amendment, and cooking fuel briquettes. Data was analysed at an aggregate level for all regions and applications. The study describes this consolidated biochar business model and examines the implications for SSA communities. The resulting sustainable bio-based business model can guide value chain actors and policymakers in SSA communities towards rural sustainable development with a better understanding of the needs, opportunities, challenges, and impacts of biochar-based value chain development.

The strategy for developing the Kalipucang dairy farming agribusiness area as a dairy village agroedutourism using the business model canvas

Introduction: Efforts to enhance the agribusiness sector, particularly in dairy farming, require integrated development alongside other local potentials. This study aims to establish a model for dairy cattle agribusiness development integrated with the village's superior potential, utilizing the Business Model Canvas (BMC). Methods: The research involved mapping the dairy cattle agribusiness in Kalipucang Tutur Pasuruan Village using the BMC framework. The study analyzed the fulfillment of the nine BMC element blocks and identified strategies for enhancing productivity through SWOT analysis. Results: The mapping revealed that the dairy agribusiness in the village offers animal husbandry educational tours and satisfies the BMC element blocks. However, there is a need for strategic enhancements to boost productivity. The strategic analysis also identified the potential for developing agroedutourism due to the advantageous location near tourist spots. Conclusion: The integration of dairy cattle agribusiness with local potentials, as outlined in the BMC mapping, presents opportunities for further development. Strategic recommendations derived from the SWOT analysis provide insights for optimizing productivity and leveraging the area's potential for agroedutourism.

Strategi Pengembangan Usaha Pelatihan Hidroponik Di Kota Bogor

Hydroponics is a method of cultivating plants without soil that is popular with Indonesian people. Its spread in Indonesia is supported by information openness via the internet and social media. Internet users reaching 77.2% have created a demand for hydroponic training. The urgency of training services is needed because hydroponic cultivation requires special skills. In the city of Bogor, there are business units that provide hydroponic training with limited face-to-face services which are very vulnerable to schedule limitations and social restriction policies by the government. The aim of this research is to formulate a strategy for developing a hydroponics training business in the city of Bogor. The approach uses qualitative methods with the Business Model Canvas framework to map digitalization adaptation and describe existing business models. Alternative strategies are formulated using SWOT analysis which combines internal strategic issues in the form of strengths and weaknesses with external strategic issues in the form of opportunities and threats. The formulated alternative strategy is implemented into the prototype canvas business model. Customer Response Index analysis is carried out to support SWOT analysis to obtain input based on responses from consumers. The research results found that digital adaptation was limited to business model marketing channels. Strength strategic issues lie in segmentation based on demand, service flexibility, and digital marketing adaptation. The weakness issue is dependence on one product and dependence on business partners. Strategic issues of opportunity are opportunities for product diversification, new partnerships, and conversion of training into digital products. The strategic threat issue is the opportunistic risk of business partners. The formulation of an alternative strategy recommends diversifying service products by adding services that are still in the hydroponics business line.

Application of Business Model Canvas in MSMEs in Karangwuni Village

This qualitative research, employing a literature review approach, examines the pivotal role of Micro, Small, and Medium Enterprises (MSMEs) in fostering economic development amidst the ongoing wave of globalization. Specifically focused on Karangwuni Village, the study elucidates how the adoption of the Business Model Canvas framework positively impacts MSMEs, fortifying their operational infrastructure and catalyzing avenues for sustainable expansion, thereby underscoring the significance of strategic frameworks in bolstering the resilience and growth trajectory of MSMEs within the broader economic landscape.

Enhancing Business Competitiveness: Strategic Adaptation and Business Model Canvas Application in PT Maritim Maju

In this detailed analysis, we explore the strategic repositioning of PT Maritim Maju within the context of the global maritime industry’s ongoing transformation, influenced by technological advancements and economic shifts. This study meticulously applies the Business Model Canvas framework, incorporating Resource-Based View, VRIO, and SWOT analyses, to diagnose and propose necessary strategic enhancements for PT Maritim Maju. It underscores the imperative for the company to diversify its services beyond traditional maritime activities, suggesting an expansion into maritime consulting and logistics technology. Additionally, the research advocates for the integration of advanced technologies such as AI in fleet management, aiming to optimize route planning and implement predictive maintenance, thereby achieving cost efficiencies, enhanced service reliability, and superior customer satisfaction. Strategic partnerships are highlighted as crucial for leveraging technological innovation and expanding service capabilities. The study also recommends a reevaluation of marketing strategies, emphasizing the adoption of digital marketing techniques to better position PT Maritim Maju on the global stage, highlighting its commitment to safety, reliability, and customer service excellence. Furthermore, it stresses the importance of continuous staff development in leadership and maritime technology to foster a culture of innovation and strategic agility. Compliance with international regulations and a proactive risk management approach are advised to mitigate operational risks. This comprehensive strategic plan aims to guide PT Maritim Maju through the intricacies of the modern maritime landscape, capitalizing on new opportunities for growth and establishing a foundation for enduring competitiveness and resilience.

Design Framework and SWOT Analysis at Telaga Pethcare As a Solution to the Spread of the Rabies Virus in Bali Province

This research was conducted to know and analyze the social business canvas model design framework for the Telaga Telaga Pethcare social enterprise. The social business model canvas framework is used to see and assess how impactful this social enterprise is on the social problems solved by Telaga Telaga Pethcare. This framework is a modification of the business model canvas framework which was previously widely used to design business concepts to be implemented. The social problem that Telaga Telaga Pethcare is trying to overcome and resolve is the problem of rabies which is currently a serious problem in Bali Province. The data collected reports that currently the number of rabies transmission cases in Bali has reached 14,827 cases. The research method used in this research uses descriptive qualitative methods. Data were collected using three methods, namely in-depth interviews, focus group discussions, and documentation. The selection of informants in this research used a purposive sampling technique. The research results in this study show that rabies cases are a concern for the Bali Provincial Government and the community. Telaga Telaga Pethcare is one of the pet shops in Bali Province where one of the social activities is providing animal care. To make it easier to analyze the social business of Telaga Telaga Pethcare, we use the social business canvas model. Meanwhile, to analyze weaknesses, strengths, opportunities, and challenges using SWOT analysis.

Pengembangan bisnis jasa “kaluna badminton club” menggunakan business model canvas

Pengembangan bisnis jasa “kaluna badminton club” menggunakan business model canvas

Strategic development of rural halal tourism using the Business Model Canvas framework: A case study from East Java, Indonesia

This article highlights the significance of villages in local governance, especially their potential in tourism, which can drive economic benefits and community development. The purpose of this research is to analyze the development strategy of Sidomulyo Village towards halal tourism using the Business Model Canvas (BMC) approach. The methodology involves a qualitative field research design with data collected through structured interviews, direct observations, and documentation reviews in Sidomulyo Village, East Java. The findings reveal that Sidomulyo Village has significant potential as a halal tourism destination due to its rich natural resources, cultural heritage, and established tourist attractions such as educational tours, batik houses, and coffee industry tours. The village’s strategic use of BMC elements such as value propositions, customer segments, channels, and key partnerships can enhance its appeal to both local and international tourists. Implications of this study suggest that Sidomulyo Village can achieve sustainable economic growth and community welfare by leveraging strategic planning and cost management, thus positioning itself as a unique halal tourism destination.Keywords: Halal tourism; village development; Business Model Canvas (BMS); Sidomulyo Village; economic growth.

Harvesting Success: Strategy Development for Kampoeng Anggrek Agro-Tourism

The research focuses on Kampoeng Anggrek Agritourism, a growing attraction in Kediri City that is seeing an increase in everyday visits, especially on weekends and holidays. The COVID-19 epidemic prompted a brief shutdown, which resulted in shifts in facility maintenance and employee attention, resulting in some deterioration. This study aims to evaluate Kampoeng Anggrek's present Business Model Canvas (BMC) and make recommendations for future improvements. Probability sample was used with the business model canvas approach, with ten participants from the internal and forty from the external aspects of Agrotourism Kampoeng Anggrek chosen using simple random sample. The research resulted in a comprehensive BMC framework, which provided proprietors with a clear picture of the company as well as the capacity to fine-tune each BMC aspect for operational optimization in agritourism operations. This study provides critical insights for stakeholders navigating the changing landscape of agrotourism firms in the face of dynamic external influences such as the COVID-19 pandemic

Pengembangan Model Fintech-Micro BMT (FIT)

This article's goal is to create a Fintech Micro BMT (FIT) financial technology innovation model for the Islamic microfinance institution Baitul Maal wa Tamwil (BMT) at the APEX/association scale. Being a successful and independent institution (financial self-uffency) as a commercial function and assisting in reducing poverty (poverty alleviation) as a social function are the two fundamental goals of BMT. The goal of fintech micro BMT is to accomplish both objectives. Through the use of descriptive analytic techniques, the research was carried out utilizing qualitative approaches. Primary data from interviews and secondary data from literature reviews make up the utilised data. The basic prototype of the application and its features were analyzed for model innovation using the Business Model Canvas framework. This was followed by a description of the BMT and MSME simple financial reporting accounting systems as well as the credit scoring model. In order to solve the issue of liquidity gaps (mismatch), this study produced a Fintech micro BMT model that maximizes the dualities of commercial BMT functions (increasing market share) and social (ZISWAF). Business management, accounting reporting, as well as a qualified credit rating model, support these two tasks. The triple bottom line purpose of BMT—economic growth, community empowerment, and sustainability—is also embodied by fintech micro BMT. The adoption of Fintech micro BMT is anticipated to assist BMTs in expanding their role in developing the sharia microfinance network, promote cooperation among BMTs in Indonesia, boost the volume of BMT financial transactions, integrate MSME actors as recipients of ZISWAF financing and donors with BMTs, promote market transparency, and lower the risk of information asymmetry in the process of providing financing.

Disentangling the diversity of small farm business models in Euro‐Mediterranean contexts: A resilience perspective

AbstractWith growing concern for the unsustainability of food systems, the international research community has turned its attention to small farms as key actors to potentially face the global food crisis. This study aims to support a policy design that values the diversity of small farms business models vis‐à‐vis environmental, economic, social and institutional challenges affecting European farming systems. Building on the existing classification of five small farm types in the EU, our analysis targets the business model dynamics of small farms in four Euro‐Mediterranean countries: Greece, Italy, Portugal and Spain. For this analysis, we applied resilience thinking to the Business Model Canvas framework. This innovative conceptual framework allows us to depict the architecture of small farms business models and their role in farming systems. The diversity of small farms business models and their continuous adaptation to changing conditions allows for the identification of a strongly heterogeneous assemblage of farms that contribute to the resilience of food systems at local, regional and multiple other scales.

Use‐oriented business model

AbstractIn a world of sustainability challenges, use‐oriented product‐service system seems promising to encourage resource efficiency. For this project, the concept is integrated in a sustainability‐oriented interpretation of the business model Canvas. The aim was to identify enabling factors with a use‐oriented business model. A case study was conducted on rental business models in the outdoors apparel industry in Scandinavia. The key findings indicate that companies introducing use‐oriented services struggle with increased transportation, linear technological systems, large financial capital needs and cultural barriers. To overcome these challenges the case study points to the importance of partnerships. Furthermore, this paper suggests expanding the Business Model Canvas framework with three additional elements: reduced material flows, reverse logistics and cultural adoption factor. The extended Canvas model can be used as a conceptual tool for companies when developing rental services.

A business model canvas framework for sustainable one-stop-shops

The Sustainable Business Model Canvas (SBMC) offers a useful tool for business model design, as it manages to integrate all the three dimensions of sustainability without distinguishing between three different layers (economic, environmental, and social). This paper presents the application of SBMC in a real study case of a one-stop-shop (OSS) for the renovation of single-family houses operating in Kronoberg province in Sweden. The case is based on shifting from the current approach of the OSS, making interventions that will lead to the development of a "new" OSS which can reach the highest possible sustainability potential. A two-stage comprehensive assessment process for the "new" model is proposed, following a life cycle perspective. The use of SBMC and the assessment process allows both existing and under-development OSSs to gain a better understanding of different alternatives regarding their business, and how these alternatives improve or weaken their existing business model. This work also proposes the steps that should be followed to assess the impact of potential intervention in the business model on the sustainability performance of an OSS. There is a need though to acquire relevant data to make a more detailed evaluation of the economic, environmental, and social burdens and benefits of an OSS. Such an evaluation will lead to more well-informed interpretations regarding the sustainability performance of different OSSs.

Using the business model canvas to improve audit processes

The study aims to determine whether auditors can use a business model canvas in their operations and how it increases the auditing value. This paper uses qualitative methods, including in-depth interviews with 37 internal auditors from Poland. It shows that the current channel of communicating audit assumptions with requesters is insufficient to facilitate audit processes. The auditors’ communication with their clients is limited by being in their knowledge area. The study presents a modified business model canvas, which fits auditors’ needs. The proposed changes rely on a different sequence of the traditional Osterwalder’s Canvas building blocks. Besides, modified Osterwalder’s model includes Mission, Impact, and Accountability blocks. These blocks, added to the model, make aware audit parties that the auditors are mission-focused and impact-driven on audited organizations and their environment. Adopting the business model canvas framework in the audit process showed potential, as auditors can better explain audit goals and limitations. The study fits the literature related to firms because it emphasizes that creating the process understandability for external parties is a crucial performance point.

Public transportation business model evaluation with Spherical and Intuitionistic Fuzzy AHP and sensitivity analysis

Business models represent a critical tool for strategic management. It provides managers with a holistic perspective to shape business operations regarding the activity, value, and finance dimensions. This study presents a business model canvas framework for public transportation organizations including an impact element and its external environment. The main and sub-criteria of the model are designed according to the literature under three hierarchical levels. Fuzzy Analytic Hierarchy Process (f-AHP) is applied to the model with two extensions which are Intuitionistic Fuzzy Sets (IFS) and Spherical Fuzzy Sets (SFS) to evaluate the proposed model. A solution set is also provided with a traditional AHP in order to check the robustness of the former methods. According to the results, the internal environment is ranked as the most important criteria at the first level for all methods. Whereas the activity element is ranked first at the second level, key partners are ranked first at the third level for all methods. The results show that IF-AHP and SF-AHP provide similar global weights but both of them provided divergent results from traditional AHP weights. Sensitivity analyses show that the model is sensitive to expert judgments. This study contributes to the works of both academicians and practitioners in terms of designing and evaluating public transportation business models.

Fostering Equality in Education: The Blockchain Business Model for Higher Education (BBM-HE)

This paper seeks to address which business model in higher education that fosters SDG 4, is adequate for the post-pandemic period. To that end, it introduces the “Blockchain Business Model for Higher Education” (BBM-HE) and a transformed business model canvas framework based on existing literature, concepts, theories and findings relating to most of the pressing issues in higher education from the present study. To determine these issues, secondary data is used in the qualitative research design by applying inductive content analysis techniques to online reports. The originality of this study lies in the “adaptive” perspective to the requirements of the post-pandemic higher education landscape, which consists of modifications to the core elements of higher education, the integration of blockchain technology into the entire system, and a stronger approach to sustainability practice through sustainability tokens. The envisaged model sets out to provide a roadmap for all stakeholders, but most importantly, “decentralized” higher education institutions of the future and the “employable skills-seeking” proactive students all over the world, as opposed to the former “solely degree-focused and affluent” consumers of educational offerings. This study contributes to higher education literature in terms of business models, blockchains, pandemics, and sustainability.

Developing Fintech-Micro BMT (FMB) Model

This paper aims to design a financial technology innovation model for Islamic microfinance institutions Baitul Maal wa Tamwil (BMT), namely Fintech Micro BMT (FMB) at the APEX/association scale. Fintech micro BMT is an effort to realize the two main goals of BMT, namely to become an efficient and independent institution (financial self-sufficiency) as a commercial function and to contribute to poverty alleviation as a social function. The research was conducted using qualitative methods through descriptive analysis techniques. The data used are primary data from interviews and secondary data from literature studies. The analysis of the innovation model is carried out using the Business Model Canvas framework, described in the basic prototype of the application and the features of the business scheme, then equipped with an explanation of the simple financial reporting accounting system of BMT and MSMEs, as well as a credit scoring model. The result of this research is a Fintech micro BMT model that maximizes the duality of BMT's commercial (expanding market share) and social (ZISWAF) functions, overcoming the problem of liquidity gaps (mismatch). Both functions are supported by business management and accounting reporting as well as a professional credit scoring model. Fintech micro BMT also realizes BMT's triple bottom line mission, namely economic development, community empowerment, and da'wah to be sustainable. The use of Fintech micro BMT is expected to help BMTs increase their role in expanding the sharia microfinance network, encourage collaboration between BMTs in Indonesia, increase the volume of BMT financial transactions and integrate MSME actors as recipients of ZISWAF financing and donors with BMTs, encourage more transparent markets and reduce risk of information asymmetry in the process of providing financing.

The Success behind the World’s Best Airport: The Rise of the Changi

Singapore Changi International Airport received the World's Best Airport from Skytrax. This was the 8th consecutive year that Changi won this renowned award. This paper aims to investigate Changi’s overall business operations to track its accomplishments in airport development. Examining the lessons learned by using a descriptive analysis under the Business Model Canvas (BMC) framework, the results reveal that Singapore Changi International Airport is a destination in itself. This concept affects customers' segmentation, which links to different value propositions deriving from using key resources and synergy among strategic partnerships. This paper also suggests that sustainability should be added to the BMC framework since it is another component behind the airport’s success. The practical contributions deriving from the lessons learned are presented.

The Case of Beyond Meat, Using the Business Model Canvas Framework

The Case of Beyond Meat, Using the Business Model Canvas Framework

One size does not fit all. Business models heterogeneity among Internet of Things architecture layers

ABSTRACT The new paradigm known as the Internet of Things (IoT) is expected to have a significant impact on business during the next years, as it leads to the connection of physical objects and the interaction between the digital and physical worlds. While prior literature addressing the business implications arising from this paradigm has largely considered IoT as an integrated technology, in this study we examine different components of IoT and assess whether firms concerned with the development of IoT solutions have adopted original business models to exploit the opportunities offered by the specific IoT architecture layer they operate in. In turn, based on primary survey data collected on a sample of IoT Italy association's members, we explore different dimensions of the business model and offer a reinterpretation of the business model Canvas framework adapted to the IoT environment. We show that the specificities of each IoT layer require firms to adopt ad-hoc business models and focus on different dimensions of the business model Canvas. We believe our research provides some important contributions for both academics and practitioners. For the latter, we provide a tool useful for making decisions on how to design the business model for IoT applications.