Global service platforms in local markets: case taxi services

In this paper we discuss digital platform economy and use theory of Governance of Commons by Elinor Ostrom as a lens through which we look at related problems and social issues, such as tragedy of the commons. We discuss how communities can react to side effects and overgrazing of free, common resources by norms and rules. We illustrate the issue with the opening of taxi service markets to new entrants such as Uber

Innovation in Micro, Small and Medium Sized Enterprises: New Product Development, Business Model Innovation and Effectuation

Digitalization increases the need for innovation of the business models to a new high, also in micro, small and medium sized businesses (SMEs). Every third SME is engaged in Business Model Innovation (BMI) activities, but few of them in a systematic manner. Earlier empirical and theoretical research suggest that BMI is, and should be, an iterative process of adjustments in pursuit for better performance and success with New Product Development (NPD). NPD and BMI research streams use causal constructs with focus on external technology driven or market driven internal resource optimization. Studies on effectuation and bricolage, in turn, indicate that entrepreneurs’ passion, curiosity, and originality can compensate limited resources for innovation in SMEs. Building on these approaches, we propose a framework to analyze innovation in SMEs with case studies. The empirical data was collected in in Horizon2020 funded Envision project, where we use multiple case study approach. For this study, we select failed, surviving, and successful BMI cases to recommend effective BMI for SMEs and line out directions for future research

Business Modelling Agility: Turning ideas into business

Business Model Innovation is attracting more and more attention from business as well as from academics. Business Model Innovation deals with both technological and knowledge related changes that either may disrupt or sustain existing product/market strategies. Timing of Business Model Innovation both with regard to the right moment as well as speed of implementing competitive concepts becomes crucial. In this conceptual paper we discuss and evaluate possibilities for shortening the lead-time and increasing impact of Business Model Innovation aiming at low-end and new market disruptions. We are building our discussion on recent findings and identifying anomalies for further research by reflecting on exemplary business design cases

Topical Research Cluster of BLED Community – A Text Mining Approach

The number of research publications is growing exponentially, also in the discipline of Information Systems (IS). Evidently, we need new automated means for carrying out extensive inquiries into bodies of knowledge to understand the thematic foci of publications. The aim of this study is to apply an automated cluster analysis as a method of text mining and identify thematic foci of 654 BLED conference proceedings obtained from Scopus since 2005. Subsequently, we discuss advantages and challenges associated with the automatic analysis of huge volumes of texts. Our results support scientists and practitioners to focus future research efforts on these topics and thus help to establish and investigate the identity of the IS discipline, particularly against the background of the growing diversity of topics. The results help the conference to align future calls accordingly. In the future, a prototype can be implemented based on the results to suggest suitable search results

Platforms for Smart Fairways - Enhancing Services for Autonomous Maritime Traffic and Other Emerging Uses of Territorial Sea

Digitalization has brough about new services to assist navigation, and first autonomous vessels are already in use. This poses also challenges to the fairways, i.e. routes on sea that are designed to secure maritime traffic with physical navigation aids. How should fairway be augmented in future? And, most importantly, how can we make it happen? We use Finnish territorial waters as an example to illustrate how on-going changes of seafaring are taken into account in design of autonomous maritime infrastructure by experts. We use multi-staged Delphi-method to derive the elements of importance for safeguarding autonomous maritime traffic. We suggest starting to improve services at critical points of present fairways. Authorities should ensure the integrity of data and services of merchant traffic first, and thereafter establish jointly an open platform where recreational user can design, try, implement, and test services to their specific needs. This reasoning stems from theoretical underpinnings of communities of interest in self-regulating their environment. The platform could also provide a viable economic solution for speeding up new valuable mobile service designs

Perspectives on e-HRM in the multinational setting

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Means to Survive Disruption: Business Model Innovation and Strategic Continuity Management?

Advances in Information Technology provide opportunities for totally new business. However, we are facing not only growing number of new ventures, but increasing restructuring of existing businesses. This can be perceived e.g. in shortening life-cycles of the companies. The restructuration and birth of new companies means changing or even disrupting existing businesses. Therefore, companies, regardless of their maturity, should be prepared to evaluate these threats and opportunities actively. Against this backdrop, we suggest to combine business modelling with systematic Business Continuity Management. We discuss the two approaches and their usefulness under different circumstances and illustrate their use when implementable, rapid reaction to changes is required, such as in industry restrucutration, or business merging and reorganization. We coin this combination as Strategic Busiess Continuity Management

Does BMI help business to succeed?

This study investigates if BMI helps business innovation to succeed. We analyzed 27 SME cases having differing combinations of Business Model Innovation (BMI), New Product Development (NPD) and effectuation methods. We also analyzed the drivers and market strategy of the SMEs. We found out that typical SME innovation success cases combine at least two methods of implementation, such as BMI and NPD, and focus on low-end market. Effectuation in combination with the aforementioned seems to play significant role as well

Co-created Effective, Agile, and Trusted eServices

This paper presents a process framework for innovating joint business models (co-BM) for multiple companies. Our framework describes the change management that should be carried out in parallel to the rigorous analysis and development of the business model details. With two illustrative cases we show that fruitful co-BM creation process in networks requires both development of the model itself, but also organizational innovation processes including mutual learning and harmonisation of operations. We claim that by understanding this dual process and its key facets might help (1) to coordinate the practical BM creation projects better and (2) to analyse which BM related decisions contribute or hinder the joint development project.</span

30th Bled eConference: Digital Transformation – From Connecting Things to Transforming Our Lives

Digitalization increases the need for innovation of the business models to a new high, also in micro, small and medium sized businesses (SMEs). Every third SME is engaged in Business Model Innovation (BMI) activities, but few of them in a systematic manner. Earlier empirical and theoretical research suggest that BMI is, and should be, an iterative process of adjustments in pursuit for better performance and success with New Product Development (NPD). NPD and BMI research streams use causal constructs with focus on external technology driven or market driven internal resource optimization. Studies on effectuation and bricolage, in turn, indicate that entrepreneurs’ passion, curiosity, and originality can compensate limited resources for innovation in SMEs. Building on these approaches, we propose a framework to analyze innovation in SMEs with case studies. The empirical data was collected in in Horizon2020 funded Envision project, where we use multiple case study approach. For this study, we select failed, surviving, and successful BMI cases to recommend effective BMI for SMEs and line out directions for future research. Keywords: • Business Model Innovation • New Product Development • Effectuation • Bricolage • SME • Market strategy • Performance</p