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Does Industry 4.0 require Business Model Innovation?
P. 49–58.
The term “Industry 4.0” has become an increasingly popular in the last few years due to recent developments in cyber‐physical systems, big data, cloud computing, and industrial wireless networks. Intelligent manufacturing has produced a revolutionary change in our day‐to‐day life providing new opportunities. At the same time, organizations face the difficulties doing the business when well‐known practices and tools are not suitable anymore or do not ensure expecting results. Thus, the necessity to new business models accounting for current phase of economic development occurs. Business model is one of important things in business activities and in new industrial and market requirements. The purpose is to study the concept of “Industry 4.0” and analyze approaches to business model design in the digitalization era to understand the gap between theory and practice and determine the future ways of research. The literature review was carried out using the main scientific literature databases, journal articles, conference papers, books and other documentation, as the source of the secondary data. Due to the fact that business models are specific for each company, it’s difficult to assemble all approaches. We may find just aggregate directions. But this paper may be useful to scholars and managers who are interesting in topic of business model design.
In book
Poznan: Poznan University of Economics and Business and E4 Conferences , 2018.
Бобков В. Н., Бобкова Т. Е., Вершинина М. А. et al., ФНИСЦ РАН, 2022.
Through the prism of the research project "Components, social standards and indicators of the level and quality of life of the population in modern Russia: qualitative identification and quantitative assessment in conditions of socio-economic inequality", carried out at ISESP RAS and ISESP FCTAS RAS in 2018-2021, examines the phenomenon of the level and quality of life: ...
Added: April 12, 2023
Cardoni A., Evgeniia Kiseleva, Bellucci A., Business Strategy and the Environment 2023 Vol. 32 No. 6 P. 3292–3308
The aim of this paper is to assess small and medium-sized enterprises' (SMEs') readiness to initiate a mature dialogue with stakeholders in the exceptional context of a strategic crisis, when information on business model sustainability has become universally material for all stakeholders. A quantitative study is carried out by developing a business model content analysis ...
Added: January 26, 2023
Evseeva M., Управленец 2020 Т. 11 № 3 С. 59–71
Due to the external environment being unpredictable and dynamic, the business model becomes obsolete in a short time and its logic loses effectiveness. This seriously threatens business continuity and affects income flows. The paper develops indicators for assessing the effectiveness of business models. Methodologically, the study rests on the stakeholder theory, valuebased management and technological ...
Added: October 27, 2022
Morris M., Shirokova G., Shatalov A., Journal of Small Business Management 2013 Vol. 51 No. 1 P. 46–65
Using a unique methodology for capturing the business model and drawing comparisons across larger samples of firms, we investigate the relationship between business model design and firm performance in a Russian context. The evolution of the business model concept and its components is reviewed. Empirical research was conducted on the basis of a cross-sectional survey ...
Added: September 14, 2022
Shultz C., Barrios A., Alexander V. Krasnikov et al., Journal of Macromarketing 2020 Vol. 40 No. 1 P. 128–143
The global refugee crisis reveals refugees and other forcibly displaced persons (FDP) are uniquely vulnerable consumers on a dynamic pathway precipitated by trigger events that have disrupted or fractured marketing systems requisite for safety and well-being, resulting in dangerous journeys to temporary or permanent settlements. The Syrian Conflict is introduced to contextualize the challenges along ...
Added: September 9, 2022
Gorgisheli M., Volkova I., , in: Contemporary Business Concepts and Strategies in the New Era, 14th Annual Conference of the EuroMed Academy of Business, EuroMed Academy of Business Conference Book of Proceedings.: EuroMed Press, 2021. P. 860–863.
Identification of changes that occurred in the business of Russian generating companies with foreign participation under the accelerated digital transformation, as well as classification of these business models is the purpose of this work. Within the framework of this work, Russian generating companies with foreign participation (Enel Russia, Fortum, Unipro, EDF) are the subject of the study. ...
Added: November 30, 2021
EuroMed Press, 2021.
The materials published in this Readings Book may be reproduced for instructional and noncommercial use. Any use for commercial purposes must have the prior approval of the Executive Board of the EuroMed Research Business Institute (EMRBI). All full papers and abstracts submitted to the EMRBI Conference are subject to a peer reviewing process, using subject ...
Added: November 30, 2021
Fokeev M., Филинов-Чернышев Н. Б., St. Petersburg School of Economics and Management, 2020.
Added: November 21, 2021
Klimanov D., Tretyak O., Goren U. et al., Foresight and STI Governance 2021 Vol. 15 No. 3 P. 52–65
Creating and developing innovative business models (BM) currently becomes one of the key success factors for contemporary business. Rapid changes in the world triggered by COVID-19 crisis happening now reemphasize the need to better understand how BM can be successfully innovated in different markets. Digital component of BM innovation comes under a special spotlight, while ...
Added: September 29, 2021
Prokhin E., ACM 2020 P. 131–138
The Industry 4.0 or also known as the 4th Industrial Revolution and its integral part in the digitalization of manufacturing companies cause big interest to researchers around the world. But as to date, the bulk of the work is devoted to the technical aspects of digitalization and business development in Industry 4.0, while the managerial ...
Added: September 22, 2021
Salienko N., Baev G., Klyueva V., , in: Reliability and Statistics in Transportation and Communication Selected Papers from the 19th International Conference on Reliability and Statistics in Transportation and Communication, RelStat’19, 16-19 October 2019, Riga, LatviaVol. 117.: Switzerland: Springer, 2020. P. 654–661.
In the article the importance of small business and technology startups as the main sources of GDP and innovative development is studied by the developed economies examples. The results of the Russian technology startups research conducted by Bauman Moscow State Technical University are considered.
Research aim is to identify key managerial problems and to formulate survival ...
Added: September 16, 2021
Kosov M., Вестник Московского университета МВД России 2019 № 5 С. 241–249
Features of law firm’s business models are determined by the company’s product and key resources. In the context of rapid technological development, successful economic activity is impossible without monitoring and managing the factors influencing the activities of the law firm. ...
Added: September 2, 2021
Tekic Z., Koroteev D., Business Horizons 2019 Vol. 62 No. 6 P. 683–693
Recently booming academic interest in digital transformation aims to provide continuous support to managers in dealing with this important issue. However, as with all new fields, the scholarly literature is characterized by increased variability and diversity of topics covered, constructs used, and the relationships between them, resulting in an unclear and blurry understanding of the ...
Added: April 25, 2021
Aray Y., Veselova A., Logacheva A. et al., , in: Proceedings of International Research Conference GSOM Emerging Markets Conference-2017.: St. Petersburg: St. Petersburg State University Graduate School of Management, Authors of Papers, 2017. P. 10–12.
The purpose of this paper is to identify specific features of innovative business models (of circular economy and shareconomy type) and to analyze the factors that cause this specificity in Russian context. The paper investigates recent theoretical concepts considering modern sustainability practices of companies, new business models based on them and advanced research on sustainable ...
Added: January 26, 2021
Драговоз П. А., Мухопад В. И., Садовская Т. Г. et al., М.: ООО "Ваш формат", 2018.
В монографии приведены результаты использования технологий искусственного интеллекта для анализа национальных моделей бизнеса, изложены организационные и правовые основы технологического трансфера в мировой инновационной экономике, рассмотрены механизмы международного патентно0лицензионного бизнеса, даны рекомендации по организации маркетинговой и лицензионной политики наукоемкого промышленного предприятия, представлен научно-методический аппарат оценки и анализа нематериальных активов.
Для научных работников, руководителей и специалистов промышленных предприятий. ...
Added: October 1, 2020
Osipova O., В кн.: "Диалоги о культуре и искусстве": материалы IX Всероссийской научно-практической конференции с международным участиемЧ. 1.: Пермский государственный институт культуры, 2019. С. 259–266.
The practice of art management is analyzed on the basis of the structure of the business model of A.Osterwalder and Y. Pigneur. The aspects of management are more or less mastered by the management organizations of the sphere of culture and art. It is suggested that for “product-oriented” art institutions, for successful presence in the ...
Added: February 14, 2020
Bogoviz A. V., Popkova E. G., Свистунова И., АПК: Экономика, управление 2018 № 5 С. 4–10
Цель статьи заключается в разработке концептуально-инновационной модели агропромышленного воспроизводства в условиях индустрии 4.0. Теоретико-методологическую базу сформировали передовые исследования современных российских и зарубежных ученых по вопросам модернизации АПК и оптимизации системы агропромышленного воспроизводства. В работе обозначены три наиболее перспективных направления модернизации АПК на базе индустрии 4.0: диверсификация и оптимизация агропромышленного производства с использованием новейших технологий и ...
Added: November 26, 2019
Churakova I., Серова Л. С., Страхович Э. В., Управленец 2017 № 4 С. 53–60
Business society widely uses modern information technologies to maintain everyday changes in business environment. These technologies play a significant part in business models’ modifications and reorganisations. Business models started evolving as far back as the 1970s–1980s, and a couple of decades later the term “multi-sided platform” became deeply ingrained in business practice. With each passing ...
Added: November 18, 2019
Горгишели М. В., Вестник Самарского государственного экономического университета 2019 № 8 (178) С. 30–36
The transformation of the Russian electricity market is characterized by changing role and nature of the common consumer and his transformation into prosumer, which has a completely new system of values, including safety of energy supply, environmental friendliness of activities, and open communication. The trends in the area of industry digitalization that accompany this process ...
Added: September 4, 2019
Gorgisheli M., Volkova I., Yakovleva A., , in: Innovation Management, Entrepreneurship, and Sustainability - IMES 2019. Proceedings of the 7th International Conference.: Prague: Vysoká škola ekonomická v Praze, 2019. P. 229–241.
Purpose: The paper aims at creation of an effective business model of global generating companies performing on Russian market and to develop a transformation plan of business for one of these companies.
Design/methodology/approach: The face-to-face interviews with Russian senior management of foreign generating companies were conducted to define the strategic development directions and the key characteristics of target ...
Added: July 21, 2019
Rasskazova A. N., Кормильчикова Ю. К., Рассказов С. В., В кн.: Государство и бизнес. Экосистема цифровой экономики: Материалы XI Международной научно-практической конференции. Санкт-Петербург, 24-26 апреля 2019 г., Т. 4., 233 с.Т. 4: ГОСУДАРСТВО И БИЗНЕС. ЭКОСИСТЕМА ЦИФРОВОЙ ЭКОНОМИКИ.: СПб.: Северо-Западный институт управления РАНХиГС при Президенте РФ, 2019. С. 115–122.
The detailed characteristic of the current state of the banking sector in Russia and the reasons for the commitment of Russian banks to the business model of commoditization is given. The advantages of the alternative model of customization are analyzed. The case demonstrating the technology of implementation of the client-centered approach in the banking model ...
Added: June 26, 2019