Organizational Business Model Research Articles

Evolution of Information Technology: A Comprehensive Review

Pervasive computing, wireless sensor networks, and M2M communication have fuelled the Internet of Things. The IoT connects and interacts with many physical items using unique internet addresses. This article covers the structure and technologies of the Internet of Things (IoT). The Internet of Things (IoT) needs a standard structure. Thus, it begins with a complete explanation of architectural designs and then discusses communication protocols and standards. The article also includes a succinct review of common IoT protocols and standards, helping the reader comprehend the topic. It also provides concrete solutions and tactics for addressing Internet of Things issues. The essay culminates by demonstrating the practical applications of the Internet of Things (IoT). Nolan's Stages Theory offered a new perspective on commercial IT development in 1973. The rapid digital revolution has changed its underlying foundation, despite its continuous use. The initial idea focused on IT in production. Later, it expanded to include the complex relationship between IT and organisational strategy. Since its inception, the methodology has helped business and IT leaders navigate IT adoption without technical details. Nolan's Stages Theory still applies, but cloud computing, artificial intelligence, big data, and the Internet of Things require a more evolved approach. The rapid progress of technology has blurred the barriers between IT and other company functions, requiring a complete digital transformation strategy. Information systems and organisational structures have grown in importance and interconnection. As firms gained independence and flexibility, IT systems developed. IT integration into key company activities has transformed it into a strategic enabler. Nolan's strict methodology provides valuable insights into history, but it limits understanding of the dynamic and transformational forces altering the digital landscape. Contemporary studies emphasise the need for flexible and adaptive frameworks to accommodate the rapid pace of technological advances and their impact on organisational structures and business models. Nolan's Stages Theory is still significant in IT administration, although it has limitations in today's networked and data-driven business contexts. Future research should develop sophisticated and forward-thinking models to help organizations navigate the digital transition.

Google news initiative innovation challenge in Latin America: business models between path dependence and power relations

ABSTRACT In response to growing regulatory pressures, tech companies have partnered with media organizations to support news production through programs, grants, and financial aid for journalism. Notably, the Google News Initiative (GNI) Innovation Challenge has invested millions in Latin American news projects. This study explores the characteristics of these projects and their impact on the business models of Latin American media organizations. By examining project descriptions, a typology clarifies the connection between these initiatives and their effects on publishers’ business models. This analysis is complemented by 20 semi-structured interviews conducted from January 2020 to March 2023 with key regional informants. Results show three types of projects emerging through the GNI Innovation Challenge: audience-building, revenue generation, and technological innovation. It becomes evident that these media organizations are trapped in a dependent cycle, significantly contributing to their challenges in establishing sustainable business models. Furthermore, the study suggests that media organizations perceive these grants as a temporary financial resource, enabling them to hire additional staff and implement technological advancements within their newsrooms for a short time. Meanwhile, Google exerts its influence across the media industry by promoting cutting-edge technologies, which increases media dependence on its infrastructure. Ultimately, this research highlights the complex dynamics between big tech firms and the news industry, raising questions about the journalism sustainability and the potential consequences of its path dependence and capture by platforms.

The Implementation of Pro-Social Purpose in Organisational Business Models in Non-Western Contexts

The Implementation of Pro-Social Purpose in Organisational Business Models in Non-Western Contexts

Weathering the Unforeseen: The Interplay of Resilience and Innovation in Start-Up Performance Amidst Crisis

ABSTRACT Understanding entrepreneurial dynamics during crises increasingly gains scholars’ and practitioners’ attention, highlighting the adaptability and innovation inherent in entrepreneurial ventures. This study investigates the intertwined role of organizational resilience (OR) and business model innovation (BMI) on the performance of startups amidst the COVID-19 pandemic using data from 258 start-ups in Tanzania. It employs a stepwise multiple regression analysis to assess the moderating effect of BMI on the relationship between OR and the start-ups’ performance. The findings suggest that service sector startups exhibited higher performance than those in manufacturing and merchandising. The results show that startups that actively participate in BMI exhibited greater resilience and outperformed their counterparts during the pandemic. The study underscores the imperative for startups to consistently innovate their business models to maintain their competitiveness and success during disruptive moments.

Information Technology Impact on Business Model: Case Study Peer to Peer Lending Company

Current technological developments encourage companies to re-evaluate their organizational business models to take advantage of technological advances. This research explores the impact of information technology in business model transformation at peer-to-peer lending company. PT XYZ is one of a financial technology (fintech) company in Indonesia which was originally engaged in the traditional lending and borrowing business and then transformed into peer-to-peer lending and then developed Supply Chain Financing (SCF) with a Business to Business (B2B) scheme which was previously only done by banks. The IT Impact Map analysis conducted in this study shows this company’s strategic transformation in adopting technology, IT has an impact on company strategy and value through business process reengineering and allows companies to capture new opportunities.

Implementing Integrated Reporting to Disclose Intellectual Capital in University

The research aim is to provide empirical and theoretical solutions for certain criticalities in the framework of Integrated Implementation Reporting (IIRF) within the context of higher education. Indeed, IIRF considers value creation only from the perspective of capital enhancement spurred by academic activities, overlooking the fulfillment of institutional missions as the true lever of value creation. This paper introduces a case study aimed at implementing IIRF at a University in Indonesia. The research is based on theory building from the case, action research, and intervention approaches. IIRF was chosen for its claimed ability to support communication processes with stakeholders and control over value creation, despite demonstrating some weaknesses. It highlights the role played by intellectual capital in the business model of organizations and in the value creation process. This adjustment appears to increase awareness of the role of intellectual capital in value creation at universities. In this paper, not one part of the adapted framework is innovative on its own, but collectively they provide an innovative solution, addressing the disclosure and managerial needs of the studied organization. The single case study allows us to test the claimed weaknesses of IIRF in the literature, suggest some adjustments to the original framework, and validate its effectiveness. Thanks to the single case study, we were then able to construct a theoretical framework that develops theory inductively; now the suggested framework can be tested and further validated in other organizations. This paper introduces an innovative approach to reporting and disclosing intellectual capital in universities. It is relevant not only for external communication but also for internal purposes, aiding managers in decision-making and actions.

Supporting a systems approach to scaling for all; insights from using the Scaling Scan tool

CONTEXTApproaches to scaling are persistently linear and focus on a single innovation, an innovator to control the scaling process, and a purpose driven by donor accountability. Alternative approaches that better reflect the complexity involved in sustainable development draw on systems thinking theory, but are hardly used. The Scaling Scan tool facilitates the integration of a systems approach to scaling to a broad public. OBJECTIVEThis study draws from almost six years of experience using and adapting the Scaling Scan tool to deepen the theoretical and empirical understanding of what a systems approach to scaling is and what challenges project teams and organizations face to embrace this. METHODSThis study uses data retrieved between 2017 and 2023 from 54 workshops where the Scaling Scan was used to scale innovations for sustainable development. Data were complemented with a literature study and SWOT analysis to understand the use, users, and user adaptations of the Scaling Scan tool. RESULTS AND DISCUSSIONThe Scaling Scans' focus on context, unintended consequences and the facilitation of collective understanding and collective action are important components of a systems approach to scaling. Multiple adaptations to the tools have been made by users to facilitate even more collective understanding. However, the early focus on “the” innovation to scale and the intrinsic assumption that this innovation addresses a key root cause or leverage point in the system risks to perpetuate a linear approach to scaling. The scoring of the scaling ingredients show a tendency to focus on familiar disciplines (mostly technical), limiting progression beyond a “bigger pilot” and engage with what or who is required for innovations to contribute to large scale change, such as market and public support. Transitioning from a linear to a systems approach to scaling is challenging because business models of research organizations depend on high adoption of “their” innovations. We find that, there are far-reaching implications of embracing a systems approach to scaling which not everyone may want or can accept. SIGNIFICANCEWe can no longer assume that complex systemic problems such as hunger and poverty will be solved by having more of an innovation. Yet this is still the dominant approach for research for development organizations to contribute to the Sustainable Development Goals. The experience with the Scaling Scan contributes to a deeper understanding of the role of tools to facilitate the integration of systems thinking in innovation and scaling initiatives aimed at sustainable development.

Transformation of business models of financial organizations in the context of development digital technologies

Transformation of business models of financial organizations in the context of development digital technologies

The place of cluster structures in the formation of strategies for the management of the competitiveness of agrarian enterprises

The article examines the possibility of introducing cluster structures into the strategy of managing the competitiveness of enterprises in the agrarian sector. The existing studies on this topic were analyzed, and the necessity of clustering the agricultural sector was substantiated. Research confirms that access to innovation is critical among all the benefits of the cluster approach. It is emphasized that modernizing the economy based on cluster strategies has been introduced previously. However, against the crisis caused by military actions, when traditional methods become ineffective, the cluster model of business organization becomes an indispensable tool for increasing the competitiveness of agrarian business enterprises. An algorithm for the integration of cluster structures into the strategy of managing the competitiveness of agricultural sector enterprises is proposed, the main stages of which are cluster formation and analysis of internal environments, analysis of the external environment and strategy formulation, strategy implementation and implementation of cluster initiatives, evaluation and adjustment of strategy, organizational culture and communication, innovation, and development. Formation of the management strategy of a competitive agricultural enterprise requires a comprehensive approach, covering internal and external factors. The involvement of cluster structures is an essential component of this strategy, as they combine the resources and experience of various enterprises for the joint achievement of strategic goals. The main stages of this process are analyzing the internal and external environment, determining competitive advantages, and developing an effective development strategy. The creation of a positive corporate culture, the development of effective communication and partnership relations, and the active support of innovation are significant. Successful strategy implementation requires constant monitoring and evaluation of results, as well as readiness to adjust the strategy to environmental changes. This approach will allow enterprises to effectively face market challenges and ensure stable development in the competitive agricultural sector. Keywords: cluster structures, strategic competitiveness management, agricultural sector, cluster, clusterization, agricultural enterprises.

The impact of the Rijksstudio on the museum business model as tool for value creation

The diffusion of sophisticated and at the same time accessible technologies has led to a paradigm shift in the traditional ways of creating value in cultural heritage, imposing a change in the business models of organizations in the sector and in particular museums. With the aim of conducting an exploratory analysis to understand how digitization has influenced the change in cultural business models, this research focused on the Rijksstudio platform, designed and implemented by the Rijksmuseum in Amsterdam in order to generate new ways of relating to users and visitors. The authors chose to adopt a qualitative single case study approach and the evidence obtained was classified using Ramaswamy and Ozcan’s Co-Creation Framework (CCF) to understand how the museum redesigned its digital service through a value co-creation approach capable of generating a high degree of interaction with its target audience.

ИНТЕГРАЦИЯ ЦИФРОВЫХ ТЕХНОЛОГИЙ В СТРАТЕГИЮ УСТОЙЧИВОГО РАЗВИТИЯ ПРОМЫШЛЕННОГО ПРЕДПРИЯТИЯ

One factors of sustainable development is digitalization, which includes digital technologies em-bedded in business processes and models of organizations. This study analyzes the integration of digital tech-nologies into the strategy of a modern enterprise from the point of view of its sustainable development goals. The hypothesis of the study is that the integration of digital technologies contributes to the achieve-ment of sustainable development goals. The methodological basis was the sustainable development of the economy and industrial enterprises, and research considering the digitalization of the economy and the inte-gration of digital technologies. As a result, the concept and essence of sustainable development are re-vealed. The definition of digital production is given. The results show that the emergence of “Industry 5.0” was due to the concept of “Industry 4.0” focusing on technological changes and digitalization of produc-tion, and less on the basic principles of social justice and sustainable development. The new industrializa-tion of the economy is not limited to technological changes in production processes, but increasingly ac-quires an environmental, social, humanistic dimension and focuses the application of new technologies on the sustainable development of the economy, society, and humanity. The practical significance of the work lies in combining approaches to innovative and technological support for the activities of enterprises to achieve a level of sustainable development.

Digital entrepreneurship as a result of the transformation of the labor market in a pandemic

Object: Study the impact and adaptation of digital information system of the economy on the development of the level of small and medium-sized enterprises, increasing the labor market in pandemic conditions. Study of how the economy's digital information system has affected and evolved small and medium-sized business development, as well as the growth of the labor market in conjunction with the pandemic.Methods: The theoretical literature on this topic served as the foundation for the study's methodology. Emerging problems of the labor market of Kazakhstan in the conditions of COVID-19 pandemic were identified through qualitative and quantitative analysis of statistical data. The analytical part of the study organizes the findings from the examination of the Republic's small- and medium-sized business support programs, which allowed for the evaluation of economic processes overall and the formulation of broad conclusions.Findings: The study identifies relevant aspects of the development of digital entrepreneurship in the modern economy; the scientific approach to the concept of digital economy and digital entrepreneurship is implemented as a result of the study of literary sources; the factors that have a significant impact on the transformation of the functioning labor market are identified; the degree of influence of these factors on the Kazakh economy is determined. For a qualitative change in the labor market, the authors identified a tangible need to increase the digital literacy of the population, new thinking skills, increase the level and quality of education, which will undoubtedly change the structure of human resource potential and ultimately increase labor productivity. Entrepreneurs have unique opportunities to apply high-tech inventions in practice to improve the business model of organizations. Thus, the following opportunities open up: the emergence of digital platforms as representatives of fundamentally new institutions; the emergence of the “peer-to-peer” communications function, when opportunities arise for communication participants directly without a company and market; the emergence of effective organizations with a reduced middle management function and increased directive control.Conclusions: This study analyzes digital mechanisms that search for new opportunities for employment in Kazakhstan's economy. In today's economy, a necessary requirement for its successful development is undoubtedly the development of a digital environment. To characterize the ways of introducing digital tools into business processes, the state Program “Digital Kazakhstan”, aimed at supporting economic entities, was studied. The study analyzed the employment of people in digital business. An assessment was also made of the degree of transformation of Kazakhstan’s employment models depending on arising emergency situations. An important aspect of the work is the development of recommendations for the further expansion of business digitalization.

What to expect from such changes? The business model reconfiguration and the dilemma for business evolution

This case is a fictional narrative based on a real case experienced by the authors throughout their professional career. The Alpha Company (fictitious business name) has been operating in the furniture sector since 2006. In 2015, Alpha's managers faced a great dilemma regarding technology adoption and the transformation of the organization's business model to meet the demands of its customers and increase the company's profitability. The case describes the organizational trajectory of the company, showing the reconfiguration of its business model over the years and the dilemma experienced by managers. At a certain point in the organizational trajectory, the business's evolution and growth depend on an important decision regarding the organizational processes. The primary focus of this case is on business models, including strategic decisions and technological changes. Appropriate theories on business models are drawn from the literature to discuss and address these issues. This case was written for use in classes on organizational strategies and strategic planning at the undergraduate level. The focus of the case aligns well with discussions of business models, strategic decisions, innovation, and technological changes.

DIGITALIZATION PROCESS AND CHANGES IN MEDIA LANDSCAPE

Journalism nowadays is more challenging than ever before. The questions raised here are essential for the future of journalism and all those who believe that journalism matters.News is defined as how power flows through media organizations, influencing what journalists choose to present to their audiences and how they present it and then, in turn, what their audiences do with it. The digital age changes many journalism events, showing us that the text could even be written by artificial intelligence. Several challenges are critical. The digital era moves media companies from positions where they were gatekeepers and creators of the news agenda to platforms where companies control audiences. Social media and platforms allow audiences to collect information from many sources. Unfortunately, to live in an era of fake news and a crowd of information, at the same time, means to losing the war for journalism, and in the worstcase, losing public trust. On the other side, the business model of media organizations weakens professional journalism, as it is faced with commercial and political pressure resulting in more diverse news than ever.The shifts in news consumption are even more pronounced if one looks at the age of news consumers. There is a massive generation gap, with young people far more likely to seek information on digital platforms and older people more reliant on traditional media.Simultaneously, it is morecostly to produce news for traditional media outlets that send reporters to news hot spots worldwide, take time for in-depth reporting projects and hire more expensive and experienced journalists.So, even, the so called, old media, if they want to survive, they must turn to multimedia So, the new era, demands new skills. A journalist needs to know how to write a story. News programs are so interesting because they have a form of storytelling, a vital technique for every period. However, nowadays, more important is to visualize and put the text about a video. Also, todays journalists are 24/7 online, and they produce news rapidly, first on the website then maybe on Twitter (old name for X) and other social media channels. Therefore, multimedia journalism is about more than multimedia.In spite of all new technologies, one thing will be always, more important.Onecan not be a good journalist if he/she is not curious. With all of the available tools, journalists need to understand how to use them technically and comprehend how each multimedia format can best be used for storytelling.

The Image and Mission of Geographical Science in Ukraine

The image of Ukrainian geography is formed in the difficult conditions of the establishment of statehood, deep political and economic reforms, and geopolitical and military resistance to russian aggression. Geographical science still does not sufficiently respond to the contemporary demands of society for geographical information and geographical knowledge. The reformation of national science and education presents geographers with many new problems that need to be considered and solved. The latest information technology revolution, along with new technical capabilities, means more and deep complex requests for geographic information. The paper considers the mentioned issues. The authors focus attention on the features of the transformation of the functions of geographical science in the conditions of post-industrial society and new people’s interaction with natural systems. The technological findings created by modern society are a prospect for the implementation of many solutions in the sphere of sustainable economic, social, and ecological development, as well as the transition to new models of production and consumption, and adaptation to climate change. The paper mentioned that geography plays a significant role in the development of organizational plans and business models in EU countries in such areas as regional and local development, urban and community planning and development, emergency risk management, and transition to a circular economy. In Ukraine, unfortunately, geography, like other sciences such as mathematics and physics, is increasingly perceived as part of basic education. Public demand and the market for projects are practically not formed, which causes both gaps in the implementation of numerous EU directives and international standards, as well as the decline of the discipline. Currently, the war with Russia is definitely the one of the bitter phenomena that requires the involvement of geographers. The first reaction of scholars took place as early as 2014, which was reflected in the adjustment of several educational programs, including human geography, political geography, urban geography, landscape ecology, spatial planning and development, cartographic modeling and GIS, geography of transport systems, population settlement, etc. Simultaneously, today Ukrainian geographers talk about large-scale changes in research priorities, focusing on the assessment of losses and the potential for the restoration of territories, the sustainable development of cities and regions, and geostrategization.

Theoretical and methodological fundamentals of studying franchising

Methods. The study is based on the application of the monographic method for the study of clusters and the identification of cause-and-effect relationships of their development in the study of franchising. General scientific methods are also applied, in particular: abstractions – to determine the essence of the concept of «franchising»; grouping – to substantiate the theories that form a special theoretical platform for franchising research as a model of business organization; comparative analysis – when establishing quantitative and qualitative differences in the process of highlighting research clusters in the historiography of franchising. Results. Research clusters in the historiography of franchising were analyzed, which made it possible to form a theoretical platform for its study, which includes a system of theories regarding development prerequisites (globalization, competition, «push-pull» factors, entrepreneurship, network structures) and features of franchising. It is proposed to divide the theories that substantiate the specifics of franchising into two groups according to the criterion of their reflection: attraction and use of resources (theories regarding relations (agency, signals, institutional, stakeholders), as well as decision-making (transaction costs, eclectic paradigm, entrepreneurial orientation). It was determined that the most widespread is the theory of agency, which explains the regularities of relations and the weakening of the parties’ disagreements, when one executing entity represents the relations of another customer through the delegation of powers in decision-making, execution of operations, financial planning, investment portfolio management, etc. Considering the basis of relationships in the emergence of franchising and their importance for business success, the importance of the provisions of the concept of trust is updated. It is demonstrated that it continues to develop in the system of theoretical provisions on partnership in franchising, taking into account the new challenges of global instability, which have increased after the Covid-19 pandemic, the full-scale Russian invasion of Ukraine and the exacerbation of other international conflicts. Novelty. Based on the analysis of the historiography of franchising and the identification of the most common theories, there is proposed the classification of the theoretical fundamentals of studying franchising by groups that determine the prerequisites for its development, relations, decision-making, attraction and use of resources. Practical value. The conducted research can deepen the interdisciplinary approach and adapt the developed franchising methodology to Ukrainian characteristics, which will allow analyzing the development of franchising in Ukraine through the prism of theoretical justifications of its formation in international practice.

The management of it IT-companies business’ scaling in the conditions of the digitalization of the economy

Methods. Scientific results have been obtained by using general scientific methods, in particular: analysis and synthesis – to determine the directions of the impact of digitalization on the transformation of the organization's business model, which, in particular, is reflected in the scaling of its activities; general and specific – when clarifying the specifics of the functioning of Ukrainian enterprises in the IT sector; analysis and synthesis – when identifying the reasons for the growing importance for the development of the national economy of enterprises oriented to the export of hightech products. Results. The study demonstrated the specifics of the functioning of Ukrainian enterprises in the IT sector and the prospects for its further development in the future in order to preserve the current competitive advantages. There are singled out the reasons for the growing importance for the national economy of those enterprises, which are based on the technological complexity of export goods and services, as well as on the qualifications of the personnel of organizations. Novelty. The study demonstrates the peculiarities of the functioning of Ukrainian enterprises in the IT sector and the prospects for its future development to preserve the current competitive advantages. An explanation of the reasons for the growing importance for the national economy of ITenterprises is given by authors. The growing importance of IT-business is based on the technological complexity of export goods and services, as well as on the qualifications of the personnel of organizations. Practical value. This study offers specific recommendations for strengthening the competitive advantages of the national IT sector at the macro level of economic development. It is proposed to carry out constant monitoring of those variables that affect the success of project implementation, as well as to determine correlations between them and the result of project implementation as a whole.

THE BUSINESS MODEL OF THE ACTIVITY OF "WATER SUPPLY" ENTERPRISES AS AN OBJECT OF MANAGEMENT ACCOUNTING

In this article, as a new concept of management accounting, we will reveal the specific features of the formation of the business model of water management organizations, from the point of view of forming the structural operational and financial mechanisms of the organization's business model, its products and services, and the future development directions for achieving the strategic goals of the economic entity. is also aimed at presenting. Issues of analysis and evaluation in the context of macro-environmental factors to ensure the financial benefit of the organization are covered.

Organizational structure and dynamic capabilities on business model innovation in project-driven enterprises: evidence from the construction industry

PurposeFlexibility and efficiency are dual attributes of the organizational structure that are crucial for project-driven enterprises to achieve sustainable development in a dynamic environment. However, there is a lack of research on the patterns by which the dual attributes of a project-driven enterprise’s organizational structure affect business model innovation. Employing organizational theory, this study aims to assess the mediating mechanisms and dynamic capabilities through which the dual attributes of the organizational structure influence business model innovation in project-driven enterprises.Design/methodology/approachData were collected from 242 employees from four project-driven companies across 26 cities (e.g. Beijing, Tianjin, Guangzhou and Shenzhen) in China. Structural equation modeling revealed the relationship between organizational structure’s dual attributes and business model innovation.FindingsThe findings show that the dual attributes (flexibility and efficiency) of the organizational structure have positive impacts on business model innovation. Moreover, dynamic capabilities mediate the relationship between the dual attributes and business model innovation in project-driven enterprises.Originality/valueThis study provides contributions to innovation research in the context of project-driven enterprises by revealing the influence of organizational structure on business model innovation through the firms’ dynamic capabilities. Such knowledge can enable managers of project-driven enterprises to develop effective interventions to promote business model innovation.

Business model transformation during the COVID-19 pandemic - example of the automotive industry

This article explores the impact of the COVID-19 epidemic on the business models of automotive-sector organizations, specifically authorized passenger car dealerships in Poland. The research aims to determine how business models were transformed during the pandemic. The research methods used include a literature review and opinion polls. The article begins by discussing the significance and evolution of business models and changes in the automotive sector. The results focus on how the pandemic brought about change in business models in the automotive sector, and the conclusion includes information as to limitations and further areas of study.