Business Viability Research Articles

Business ecosystem management in the conditions new normality and transcendence

The article examines the essence of the concept, examines the elements and their inherent features of the business ecosystem, substantiates the approaches to effective management in the conditions of new normality and transcendence. The signs of a business ecosystem presented in the article are at first glance inherent in the characteristics of any enterprise, institution or organization, however, we note that ecosystems or turquoise organizations represent the next stage of consciousness development, where traditional concepts and methods are questioned and the organization is considered as a living organism, not a mechanical system. In the context of the transcendental development of business ecosystems, environmental turbulence and growing uncertainty lead to a decrease in the effectiveness of traditional management tools, at the same time, these characteristics can become a catalyst for new opportunities and non-standard management solutions that can significantly strengthen their position in the market and affect corporate synergistic effects, contribute to the formation of new connections and ideas, which will subsequently lead to the introduction of innovations and the development of business ecosystems. Transcendence in the context of management is considered as a concept that covers aspects that go beyond the established boundaries of existing experience, understanding or perception, standard models, conditions and approaches in managing business ecosystems. Management of the business ecosystem in the conditions of new normality and transcendence requires the use of integrated approaches and strategies that can go beyond traditional tools, methods and models. Envisioning the transcendence of management means changing the way you think and understanding that standard models and methods may become ineffective or insufficient in the new normal. Business ecosystems whose leaders are focused on transcendental development in the conditions of the new normality have the greatest chances for business viability, recovery and success. In this context, the article examines transcendental leadership, which refers to the concept of leadership that goes beyond traditional models and focuses on a deeper understanding and approach to managing people, organizations, and change.

Analyzing the factors influencing sustainable supply chain management in the textile sector

Sustainability one of the burning issues in the global supply chain, and it is increasingly becoming a concern for textile industries. Moreover, developing countries have become the production hub of apparel and textiles, produced a high volume of waste and posed a threat to the environment and local community. By addressing sustainability challenges, Sustainable Supply Chain Management (SSCM) enhances long-term business viability and provides a competitive advantage. In this project, by extensive literature review, forty-five factors were identified which are driving the development process of SSCM. Responses were collected using the Likert Scale (1–5) from the focus group to narrow down the findings and ten have been selected as more appropriate in the perspective of Bangladesh. Later these ten factors were analyzed to find out the most influential factor using the Interpretive Structural Modeling (ISM) method by contextual relation-making. Community Groups and Environmental Organizations were found to be the most impactful among all the factors having the highest driving power.

Studi Kelayakan Usaha dan Sistem Informasi Agribisnis Desa Arca Kecamatan Sukamakmur

The purpose of this study is to understand how business viability and agricultural businessinformation systems can optimize business operations in the flower industry. This researchinvolves descriptive analysis and discusses the appropriate steps in managing farmers' financialmanagement to improve well-being. This review also describes the relationship betweenbusiness viability, agricultural business information systems, and other factors influencing thesuccess of the flower business. By comprehending their roles comprehensively, stakeholderscan implement more effective strategies to optimize the flower business

Australian Dentists' Knowledge of the Consequences of Interpretive Errors in Dental Radiographs and Potential Mitigation Measures.

Dental radiographs, typically taken and interpreted by dentists, are essential for diagnosis and effective treatment planning. Interpretive errors in dental radiographs, stemming from failures of visual and cognitive processes, can affect both patients and clinicians. This survey aimed to assess the dental practitioners' perceptions of the consequences of these errors and potential measures to minimize them. This online anonymized survey assessed Australian dental practitioners' perceptions of the consequences of these errors and potential mitigation measures using ranking, Likert scale, and open-ended questions. The data were analyzed using descriptive statistics and bivariate analysis. Participants identified undertreatment (72%) and legal implications (82%) as the most significant consequences of interpretive errors, whereas severe harm to patients was deemed the least likely. Dental practitioners placed a greater emphasis on maintaining a high level of competence and the well-being of their patients. Utilizing high-quality images (63.9%) and appropriate radiographs (59.7%) were identified as the most effective measures to minimize interpretive errors. Participants showed hesitancy regarding the reliance on machine learning as a clinical decision-making tool. The survey provides valuable practical insights into the consequences and targeted measures to minimize the occurrence of interpretive errors. Efforts to minimize interpretive errors should address patient safety and practitioners' concerns about professional reputation and business viability. The study also suggests further research into the role of machine learning algorithms in reducing interpretive errors in dentistry.

Circular Economy Models in Renewable Energy: Technological Innovations and Business Viability

The transitions from fossil-based energy to renewable energy are deeply connected with circular economy solutions for business development and innovation. This paper aims to evaluate to what extent innovation in renewable energy can be used to advance circular economy strategies, with emphasis on the business aspect. Using a combination of qualitative and quantitative analysis, the research analyzes case contributions of a number of RES projects that apply CE principles. It also focuses on the main issues which specialists encounter while implementing these models and considers their economic feasibility. The results show that circular economy principles present renewable energy firms with tremendous potential for enhancing resource use efficiency and financial performance. This research provides practical recommendations aimed at the stakeholders in terms of constructing a more sustainable energy system. In doing so this research adds novelty by identifying the technological factors as advocates for implementing circular economy models to support business outcomes within the renewable energy industry.

Analyzing the Impact of Scientific and Technological Innovations on Financial Performance: A PCA-Based Study of an AI Healthcare Startup

This study explores the relationship between scientific and technological innovations and the financial performance of startups, focusing on a representative Artificial Intelligence (AI) healthcare startup. Utilizing Principal Component Analysis (PCA), the research aims to dissect the complex interplay between innovation-related metrics—such as R&D spending, patent counts, and technology adoption rates—and financial outcomes like revenue growth, profitability, and market share. The PCA methodology enabled the reduction of high-dimensional data into PCA, which clearly illustrates how several dimensions of innovation impact financial metrics. The approach used in the investigation helps people comprehend more thoroughly how development benefits business viability in several different manners and provides startups with practical advice to use when preparing their revolutionary investments. This paper aims to assist the ecosystem of startup consumers (including investors, business owners, and policymakers) in making better decisions that balance technological progress with economic objectives.

Effects of pulsed magnetic field intensity on the freezing rate and heat loads reduction of harvested mango and tomato

PurposeFresh fruits and vegetables (FV) are crucial global food resources, but the presence of heat loads during harvest adversely impacts their shelf life. While freezing technology provides an effective means of removing heat loads, it is an energy-intensive process and may consequently prove too costly for practical business viability. The growing interest in utilizing magnetic field (MF) technology during the freezing of fresh FV enhances the freezing rate and rapidly removes the heat loads of products.Design/methodology/approachIn the present study, pulsed magnetic field (PMF) pretreatment employing specific field strengths (9 T, 14 T and 20 T) was examined as a preliminary step before freezing mango and tomato and compared to the conventional freezing method (untreated) at − 18 °C.FindingsPMF pretreatment prior to freezing demonstrated a noteworthy enhancement in freezing rate by around 10 and 12% when compared with the conventional (untreated) freezing, which exhibited freezing rates of −0.08 °C/min and −1.10 °C/min for mango and tomato, respectively. The PMF pretreatment (at 20 T) provided a higher freezing rate (at p = 0.05) than the conventional freezing method reduced heat loads amounting to 1.1 × 107 J/kg oC and 2.9 × 106 J/kg oC, significantly (at p = 0.05) from mango and tomato, respectively. These reductions in heat loads were approximately more than 5% of the calculated heat loads removed during conventional freezing.Research limitations/implicationsMango and tomato samples were only tested; the results may lack generalizability. Therefore, researchers are encouraged to test for other products for further studies.Practical implicationsThe paper includes implications for the development of a rapid freezing technique, the development of “pulsed magnetic field” and for eliminating the problem associated with conventional (slow) freezing.Originality/valueThe study holds significance for the production of postharvest freezing technology, providing insightful information on the PMF-assisted freezing of cellular foods.

Developing and validating an instrument for assessing E-entrepreneurial idea feasibility

Despite the critical importance of e-entrepreneurship idea generation for e-venture success, there remains a significant lack of valid and reliable instruments to evaluate the feasibility of e-entrepreneurial ideas proposed by undergraduates during entrepreneurship learning. This study addresses this gap by creating and validating a scale based on the Business Model Canvas with a sample of 299 participants. Following established scale development procedures, a 13-item scale with four factors emerged: value creation and customer relationship management, cost structure, business viability, and customer segmentation and personalization. The scale demonstrates satisfactory internal consistency and criterion-related validity, providing a reliable tool for assessing e-entrepreneurial idea feasibility in higher education, benefiting both educators and researchers.

The impact of administrative efficiency on SME Growth and Sustainability

enterprises (SMEs). This review examines the relationship between efficient administrative processes and the long-term success of SMEs, emphasizing how streamlined operations, resource management, and decision-making can enhance business performance. SMEs often struggle with limited resources, resulting in operational bottlenecks and inefficiencies that hinder their capacity to scale and sustain growth. By improving administrative efficiency through the adoption of technology, organizational restructuring, and optimized processes, SMEs can achieve greater productivity, reduce costs, and make informed decisions that promote sustainability. The review employs a case study approach, analyzing SMEs across different sectors—manufacturing, retail, and services to demonstrate the tangible benefits of administrative efficiency. The research includes qualitative interviews, operational data analysis, and performance evaluations before and after implementing efficiency-enhancing measures. Key findings highlight improvements in areas such as time management, cost reduction, and customer satisfaction, all contributing to accelerated growth and competitive advantage. Additionally, the study explores how administrative efficiency supports sustainable practices, such as resource optimization and risk management, leading to long-term business viability. Despite these advantages, challenges such as resistance to change, lack of skilled personnel, and financial constraints pose barriers to achieving administrative efficiency in SMEs. The review concludes by offering practical recommendations for overcoming these challenges, including investing in digital tools, employee training, and organizational restructuring. Ultimately, the research underscores the importance of administrative efficiency as a critical factor for SME growth and sustainability, providing insights for policymakers, business owners, and managers aiming to enhance the operational performance of small businesses in a competitive market.

Assessing Business Viability for a Production Joint Venture in the Indonesian Medical Device Industry

Research Aims: This study examines the viability of a joint venture between Daenamic Health Inc., a South Korean medical device manufacturer, and PT. Kenari Jaya Perkasa, an Indonesian medical device importer, to establish a local production facility for high-end medical devices in Indonesia. Design/methodology/approach: The research follows a structured approach involving the analysis of business model compatibility, external market dynamics, and the financial and operational viability of the joint venture. Employing qualitative analysis from discussions, VRIO Framework, and quantitative analysis from Analytic Hierarchy Process (AHP), the study evaluates market conditions and strategic fit between the partners. Research Findings: Findings indicate that Daenamic Health Inc. and PT. Kenari possess complementary strengths, forming a synergistic partnership poised to become a leading local brand for high end medical technology, as well as enabling access to more export market. Motivated by the need to reduce Indonesia's dependency on import, especially highlighted during the COVID-19 pandemic, this venture aligns with government policies to enhance local manufacturing and healthcare infrastructure. However, challenges such as navigating regulatory landscapes, managing a layered cost structure, and training local human capital must be addressed. Theoretical Contribution/Originality: Preliminary assessment for the joint venture’s establishment helps the partners to comprehensively assess their internal situation both as individual business and as future partners, prior to capitalizing the opportunity that comes with Indonesia’s vision towards healthcare self-sufficiency. As a result, partners’ synergistic strengths and aligned individual business needs positions the venture for competitive pricing and expansion in Southeast Asia and beyond. Keywords: Medical Devices; Joint Venture; Local Manufacturing; Market Dynamics; Strategic Fit

A Literature Review Case Study Of Pt Xyz Strategy Implementation Seen From The Business Feasibility Study Aspect

PT XYZ is an e-commerce startup company in the clothing sector that was successful in its time. In carrying out its business, PT However, all these efforts were hit by the COVID-19 pandemic which ultimately resulted in PT XYZ experiencing the closure of operations and liquidation. The research tries to analyze the PT XYZ case study from business feasibility study aspects such as financial, marketing, technical and legal aspects using the literature study method. By carrying out this research, it is hoped that it will help business people make smarter and more measurable decisions in developing their business. From the research results, it shows that overall, PT XYZ has taken strategic steps in financial, marketing, technical and legal aspects to increase its business viability. However, the impact of the COVID-19 pandemic shows the importance of careful financial planning and flexibility in dealing with crises

Barriers to postgraduate education in primary dental care: a qualitative study

ObjectivesPostgraduate education for primary care dentists offers numerous benefits in terms of advancing clinical skills and career opportunities, culminating in improved treatment and patient outcomes. There is a strong desire amongst primary care dentists to enhance skills and provide contemporaneous evidence-based dentistry, accredited by higher educational qualifications. However, significant barriers hinder their pursuit of further training and career advancement. The aim of this study is to explore the barriers to undertaking formal postgraduate education for dental practitioners working in primary dental care. Exploration of these perceptions should help to identify further areas of study to help alleviate some of these obstacles, enabling more primary care dentists to access postgraduate education and improve patient care. MethodA qualitative study was undertaken through individual narrative interviews with primary care dental practitioners (n = 20) with varying levels of experience and located across the UK. All interviews were conducted using a study guide, transcribed and analysed thematically. ResultsThe participants indicated that there is a strong desire to undertake postgraduate study amongst primary care dental practitioners. Significant barriers were identified, with three major themes emerging:1.Personal Cost: Time constraints and accessibility, Financial Burden, Family Commitments.2.Business Viability: Business time constraints, Inability to use Enhanced Skills, Remuneration systems.3.Business Culture and Team Dynamics: Stage of Career, Current Practice Business Model, Leadership and Vision.These barriers appear to be multifaceted and interconnected, however participants also identified significant opportunities to address them. ConclusionStudy participants identified a range of personal and professional barriers to undertaking postgraduate dental education whilst working in primary dental care. Practitioners working within predominately NHS orientated practices perceived more professional barriers than those in private practice. The majority of participants indicated their preference for hybrid models of education which would work around clinical commitments. Further research and engagement with stakeholders should be undertaken to help reduce these barriers.

The role of financial literacy and risk management in venture capital accessibility for minority entrepreneurs

This research paper explores the critical role of financial literacy and risk management in enhancing venture capital accessibility for minority entrepreneurs. It delves into the challenges minority entrepreneurs face, including systemic biases, limited access to resources, and inadequate financial education, which hinder their ability to secure venture capital. The paper emphasizes the importance of an integrated approach that combines financial literacy and risk management to improve business viability, investor confidence, and overall success. Key policy recommendations include developing targeted financial literacy programs, increasing access to mentorship and professional networks, and advocating for diversity and inclusion within the venture capital industry. The conclusion reiterates the significance of financial literacy and risk management in overcoming barriers to venture capital and suggests future research directions to further address these gaps. Keywords: Financial Literacy, Risk Management, Venture Capital, Minority Entrepreneurs, Policy Interventions.

The structural equation model development of how mindfulness promotes employee creativity in the restaurant business

This study examined whether mindfulness can promote restaurant employee creativity, which is crucial in achieving a business competitive edge and sustainable viability, and its mechanism through interpersonal trust and knowledge sharing based on the social capital theory. This study was carried out in Bangkok's full-service restaurant context. Data were collected from 414 restaurant employees, accounting for an 82.80% response rate. A partial least squares structural equation model (PLS-SEM) was used for data analysis, and the Sobel test and bootstrapping were used to test mediating effects. The results showed that mindfulness empirically promotes employee creativity (β = 0.093; p = 0.028). Also, according to the PLS-SEM and Sobel test, confirmed by bootstrapping results, interpersonal trust (t = 3.216, p = 0.001) and knowledge sharing (t = 3.053, p = 0.002) can partially mediate the relationship. The results also revealed a positive partial mediation of knowledge sharing between interpersonal trust and employee creativity (t = 9.875, p < 0.001). These results contribute up-to-date and new knowledge in the related literature by supporting and advancing previous research, particularly the benefits of mindfulness, antecedents to employee creativity, and expansions to the social capital theory. This research implies that developing mindfulness in employees could play a beneficial role in improving their relationships with others, resulting in the promotion of their work creativity. In addition, the results provided valuable guidelines for restaurant management to promote employee creativity for sustainable business viability.

Digital Entrepreneurship, The Risk and Business Viability Assessment in Nigeria

The study assessed digital entrepreneurship, the risk and the business viability in Nigeria. The study's specific goal is to ascertain the degree of viability and risk assessment of digital entrepreneurship in Nigeria’s economic space. Digital entrepreneurship is a 21st century business model because it is an enterprise that relies only on a digital platform that is pursued and managed by a digital entrepreneur. Digital entrepreneurs rely on internet resources to create and expand their digital services enterprises. The study's sample included 400 respondents who were chosen from Delta State's small and medium-sized business owners and proprietors. The adopted descriptive survey method and simple percentages were used to evaluate the data. The overall conclusion of the study is that digital entrepreneurship is a highly effective and viable business model in Nigeria and it is fantastic in bringing goods and services to customers' doorsteps, provides business owners with a platform for brand development and content creation as well as business growth. The study identified five major risks associated with digital entrepreneurship as cyber security risk, information security and privacy risk, fraud risk, copyright violation risk, infringement of trademark risk. The study confirmed that digital entrepreneurship creates business values at profit with lower cost of production when compared to the cost of operating physically established businesses or other means of doing business offline. The study also concludes empirically that digital entrepreneurship has a low possibility of loss but high profit possibility with the ability to manage the four identified risks.

Environmental Regulation and Access to Credit

AbstractWe show that climate priorities codified in regulations significantly impact firms’ access to credit, especially long‐term credit, an important financial resource required for achieving business viability and sustainability goals. Following the implementation of a prominent cap‐and‐trade programme aimed at controlling nitrogen oxides (NOx) in the United States (the NOx Budget Trading Program, NBP), manufacturers experienced decreased debt maturity structures, driven by reduced access to long‐maturity debt, but did not alter their use of short‐term debt or trade credit. The NBP's effect on long‐term credit is more pronounced for firms with higher degrees of electricity intensity, financial constraints, information frictions or rollover risk. It ultimately led to deteriorating firm value and operating performance. Increased energy costs and elevated operating leverage explain firms’ reduced access to long‐term credit. Our findings highlight the potential unintended consequences of policy instruments designed to boost a specific aspect of sustainability and the complex nature of managing corporate financial and sustainability goals.

Correlation Between Scientific and Technological Innovation and Financial Performance of Seed Enterprises: Application of Principal Component Analysis Algorithm in Performance Evaluation

This study explores the relationship between scientific and technological innovations and the financial performance of startups, focusing on a representative Artificial Intelligence (AI) healthcare startup. Utilizing Principal Component Analysis (PCA), the research aims to dissect the complex interplay between innovation-related metrics—such as R&D spending, patent counts, and technology adoption rates—and financial outcomes like revenue growth, profitability, and market share. The PCA methodology enabled the reduction of high-dimensional data into PCA, which clearly illustrates how various dimensions of innovation impact financial metrics. The approach used in the investigation helps people comprehend more thoroughly how development benefits business viability in several different manners and provides startups with practical advice to use when preparing their revolutionary investments. The objective of the research is to assist the ecosystem of startup consumers (including investors, business owners, and policymakers) in making better decisions that balance technological progress with economic objectives.

Analisis Kelayakan Usaha Depot Air Minum Isi Ulang di Kecamatan Mulyorejo Kota Surabaya

The purpose of this study is to examine the profitability and viability of refill drinking water depot enterprises in Surabaya City's Mulyorejo District. Six businesspeople who refill drinking water in the Mulyorejo District of Surabaya City served as informants for this study. In this study, total costs, sales, profits, and business viability were employed as analytical techniques. The average total expenses incurred, the average income generated, and the average profit from the research were IDR 4,544.660, IDR 9,869.167, and IDR 5,324.507. The average value of the R/C ratio is 2.14 > 1, according to the findings of calculating the three business feasibility metrics for six refill drinking water entrepreneur informants in Mulyorejo District, Surabaya City. the average B/C value The obtained ratio was 1.14 > 0. Additionally, the ROI value averaged 17,35% > 1%. Thus, the Mulyorejo District, Surabaya City drinking water replenishment business can generate enough revenue to make it worthwhile to operate.

Analisis Kelayakan Usaha Peternakan Ayam Petelur di Kecamatan Mantup Kabupaten Lamongan

The purpose of this study is to examine the profitability, income, and viability of laying hen farms in Lamongan Regency's Mantup District. Lamongan Regency's Mantup District. There were six informants who owned laying hen farms for this research. In this study, total costs, revenues, income, and business viability were the data analysis types used. The average total cost from six informants of IDR 755,812,161/Production Period is the result of this study. IDR 1,581,968,000 is the average revenue received per production period. During the production period, the average income obtained was IDR 826,155,833. Six laying hen breeder informants in Mantup District, Lamongan Regency, had their three business feasibility metrics calculated. The average R/C ratio value was 2.07, the average B/C ratio was 1.07, and the average ROI value was 92.50%. Therefore, it is viable to operate and grow the laying chicken farming company in Mantup District, Lamongan Regency, according to the calculation results.

Financial Analysis of Establishing Cicendo Eye Center in Garut

Engaging in business inevitably involves encountering many barriers and limits, such as the Shisendo Eye Clinic. While the primary focus of this project is eye health, it is crucial to do a comprehensive business feasibility analysis to prevent failures and mitigate any hazards in the future. This study aims to elucidate the business viability assessment for establishing the Cicendo Eye Clinic in the city of Garut, focusing on internal areas of the organization, including marketing, technical operations, management, and human resources. In this instance, the emphasis is primarily on the financial aspect. The employed techniques are both descriptive and analytical. Data collection methods encompass observation, interviews, document analysis, and literature review. Data analysis methods employ both qualitative and quantitative approaches. Qualitative data is essential for non-financial sectors, while quantitative data is necessary for financial and commercial sectors. The use of statistical techniques and the Microsoft Excel software program facilitates the analysis of quantitative data. According to the statistics and analysis of the establishment of the Garut Main Clinic of Centro Oftalmológico Sisendo, the clinic was able to recoup all investment expenses within three years of operation. The internal rate of return (IRR) is the discount rate at which the net present value of an investment becomes zero. A potential investment is considered viable if the internal rate of return (IRR) surpasses the anticipated rate. The internal rate of return (IRR) for the new clinic project at the 5-year Break Event Point (BEP) is 21.5% annually. Hence, this project is feasible and can be further pursued.