JournalTOCs

Journal of Business Models
Number of Followers: 2

This is an Open Access Journal

Open Access journal
ISSN (Online) 2246-2465
Published by Aalborg University

[18 journals]

Business Models for Open Source Hardware Repositories
- Authors: Joshua Pearce
  Abstract: Free and open source hardware repositories provide massive public good, but funding their operation has proven tenuous with conventional business models. This study evaluates business models to foster that public good. Business models for online design repositories are reviewed and a new model is conceptualized to fund repository operations. The greatest added value an open hardware repository brings to the user-developer community is validation and vetting of the designs. A business model was proposed that uses revenue from the vetting process to fund validation studies and sustainable operations of the open hardware repository itself. As the return on investment of laterally-scaled open hardware that can leverage distributed manufacturing has the potential for creating enormous value, maintaining repositories for this hardware enables vast wealth generation for everyone. This is the first study specifically focused on ways to ensure economic sustainability of open hardware repositories.
  PubDate: 2023-08-30
  DOI: 10.54337/jbm.v11i2.7513
  Issue No: Vol. 11, No. 2 (2023)
Greenwashing: A Broken Business Model
- Authors: Esben Rahbek Gjerdrum Pedersen, Kirsti Reitan Andersen
  Abstract: Is greenwashing a business model' The paper is a conceptual effort to advance the discussions of greenwashing though the lenses of business model thinking. We argue that the business model literature can offer a useful supplement to the existing conceptualisations of greenwashing by linking talk-action disconnects to the broader business architecture. Essentially, greenwashing is considered as a broken business model, which characterizes organisations that deliberately disconnect the promises to the stakeholders (i.e. value proposition) from the underlying business architecture. We also argue that the concept of greenwashing can contribute to the business model literature by drawing attention to organisations with imperfect business architectures, which fail to deliver on the value proposition communicated to their stakeholders. Fundamentally, greenwashing calls attention to the multitude of organisations with limited integration between the individual building blocks of a business model.
  PubDate: 2023-08-30
  DOI: 10.54337/jbm.v11i2.7352
  Issue No: Vol. 11, No. 2 (2023)
Operationalizing Collaborative Business Models: A Practitioner
Capabilities Lens
- Authors: Philip Coombes
  Abstract: This paper offers insight into the boundary-spanning practitioners and the operationalization of their capabilities that are critical to sustainable value co-creation, delivery, and capture within collaborative business models. Few empirical studies have focused on the concept of collaborative business models - those business models in which value is co-created, delivered, and captured between practitioners outside the boundaries of a single firm - and research into the dynamic/ordinary capabilities of their boundary-spanning practitioners appears neglected. The study is centered on three firms that form a solutions collaborative (public-private) business model. A case study methodology is deployed to examine the firms as three embedded units of analysis. The data sources consist of
  semi-structured interviews supplemented by archives of publications. The findings advance understanding of practitioner dynamic/ordinary capabilities in solutions collaborative business models that are critical to support value co-creation, delivery, and capture.
  PubDate: 2023-08-30
  DOI: 10.54337/jbm.v11i2.7475
  Issue No: Vol. 11, No. 2 (2023)
Internal organizational factors driving digital transformation for
business model innovation in SMEs
- Authors: Chanté van Tonder, Sandra Hasanefendic, Bart Bossink, Chris Schachtebeck, Cecile Nieuwenhuizen
  Abstract: Purpose - The primary purpose of this paper is to investigate which internal organizational factors drive digital transformation for business model innovation in small and medium-sized enterprises (SMEs). Design/methodology/approach – The paper builds on a Delphi study from both a South African and Dutch scholarly and industry perspective. The Delphi study uses a questionnaire to query the commonly cited internal organizational factors that drive digital transformation for business model innovation in SMEs in an emerging and a developed economy. Findings – The paper identifies two important internal organizational factors driving digital transformation for business model innovation in SMEs: (a) a renewal of business strategy and (b) a renewal of business culture. It identifies various subfactors within these two internal organizational factors. Originality/value – The study contributes to the current understanding of the internal organizational factors that drive digital transformation for business model innovation in SMEs. Researchers can use these factors and associated subfactors as a basis for future research. To practitioners, the findings provide a guideline on which business activities in SMEs to (re)arrange to enable digital transformation-induced business model innovation.
  PubDate: 2023-08-30
  DOI: 10.54337/jbm.v11i2.7403
  Issue No: Vol. 11, No. 2 (2023)
Business Models as Complex Nonlinear Systems: Providing a Conceptual
Framework for Growth and Innovation
- Authors: Carmen Cutrì
  Abstract: For a long time, researchers and practitioners have implicitly drawn from the notion of complexity and complex systems to better explain business model dynamics. However, for analytical tractability, the nonlinear nature of the construct has never been explicitly acknowledged. To date, the business model construct is still investigated according to the classical method of enquiry of Newtonian legacy. This study conducts a comparative analysis between complex nonlinear systems and business models, providing a new and interesting perspective to understand the construct. The value of directly addressing the construct’s nonlinear dynamic is twofold. First, it will try to resolve the conceptual ambiguity that has traditionally surrounded the discipline of business model and business model innovation by providing a new method to study the construct. Also, by linking the business models’ qualities (emergent properties, feedback loops, interdependency of its components, sensitivity to initial conditions and notion of equilibrium) under the umbrella of complexity theory, this paper hopes to resolve the disconnect in the current research effort and to encourage further dialogue and studies on the subject of business model and complexity science.
  PubDate: 2023-08-30
  DOI: 10.54337/jbm.v11i2.7649
  Issue No: Vol. 11, No. 2 (2023)
The simultaneous management of business model innovation and replication
processes:
- Authors: corine genet, Romain Gandia, Sylvain Colombero
  Abstract: This article aims to understand how organizations can simultaneously manage their business model innovation and replication processes. Using an exploratory qualitative approach, we analyze Airbnb’s business model innovation and replication processes when the company launched its new value proposition. Our findings show that innovation and replication processes are designed, tested and implemented simultaneously. We underline the role of the platform in standardizing the key elements of the different stages of the processes. Through its digital platform, Airbnb can standardize its value creation and value capture processes to drive replication at scale. We discuss the contributions of our study to the replication strategy literature and to research on the Airbnb business model.
  PubDate: 2023-08-30
  DOI: 10.54337/jbm.v11i2.7427
  Issue No: Vol. 11, No. 2 (2023)
The impact of exogenous shocks on business models and business
relationships: An empirical analysis of the Italian music industry
- Authors: Luigi Nasta, Luca Pirolo, Adriano Di Fabio
  Abstract: Purpose Scholars have been increasingly interested in understanding business models. However, little attention has been paid to how business models change in reaction to exogenous circumstances and how business relationships alter as a result of business model changes. This paper investigates how the business model paradigm of the Italian music industry altered in response to two major exogenous influences that impacted the sector: the digital revolution and the COVID-19 pandemic. Design/methodology/approach As the purpose of this study is to investigate phenomena in a real-world setting, qualitative research methodology has been selected as the most appropriate one. We decided to conduct sixteen semi-structured interviews with professionals active in the Italian music business that have been selected by a combination of snowball and convenience sampling Findings Our empirical findings indicate that the digital revolution and COVID-19 pushed Italian music companies to revise their business models by either reducing the number of linkages to the existing ones or adding new linkages to the existing ones. This was done in order for the companies to remain competitive in an environment that is constantly changing and to outcompete competitors. Originality/value Few studies have evaluated how business relationships alter in response to the many business models emerging in the music industry due to external causes. Our research is one of the first to examine music companies' reactions to exogenous events such as crises or disruptive advances that affect the competitive landscape.
  PubDate: 2023-08-30
  DOI: 10.54337/jbm.v11i2.7506
  Issue No: Vol. 11, No. 2 (2023)