Disruptive Business Models and the Shift Towards Decentralized Marketplaces DOI

S. Vinoth,

Nidhi Srivastava

Advances in web technologies and engineering book series, Journal Year: 2024, Volume and Issue: unknown, P. 34 - 58

Published: Feb. 8, 2024

In today's rapidly evolving business landscape, the emergence of disruptive technologies and innovative models have revolutionized traditional market structures. One such transformation is shift towards decentralized marketplaces, driven by blockchain technology, smart contracts, finance (DeFi) solutions. This chapter aims to explore concept their profound impact on dynamics, focusing rise marketplace. addresses a pressing need for comprehensive, up-to-date, insightful information topic that changing landscape. It provides valuable resource diverse audience, ranging from industry professionals academics policymakers. can be highly beneficial several reasons, given ongoing evolution significance marketplaces.

Language: Английский

Cross-industry frameworks for business process reengineering: Conceptual models and practical executions DOI Creative Commons

Oladapo Adeboye Popoola,

Henry Ejiga Adama,

Chukwuekem David Okeke

et al.

World Journal of Advanced Research and Reviews, Journal Year: 2024, Volume and Issue: 22(1), P. 1198 - 1208

Published: April 26, 2024

Cross-industry frameworks for business process reengineering (BPR) have emerged as pivotal tools in enhancing organizational efficiency, agility, and competitiveness across diverse sectors. These amalgamate conceptual models with practical executions to streamline operations, optimize resource allocation, foster innovation. This review delves into the essence of cross-industry BPR, elucidating their underpinnings real-world applications. At core lies recognition that processes transcend sector boundaries, encompassing common elements such customer interactions, supply chain management, operational workflows. Conceptual form foundational framework by articulating key principles, methodologies, best practices BPR initiatives. One prominent model is Business Process Reengineering methodology, which advocates radical redesign rather than incremental improvement processes. approach emphasizes fundamental questioning existing practices, aiming achieve dramatic enhancements quality, satisfaction. Another influential Capability Maturity Model Integration (CMMI), provides a roadmap organizations systematically improve advancing through defined maturity levels. Practical entail translation actionable strategies tailored specific contexts. involves multifaceted analysis, stakeholder engagement, technology integration, change management. analysis entails mapping current workflows, identifying bottlenecks, pinpointing areas optimization. Stakeholder engagement crucial garnering buy-in fostering culture continuous improvement. Technology integration plays role modern initiatives, leveraging digital management (BPM) software, data analytics, robotic automation (RPA) operations enhance decision-making. Moreover, emerging technologies like artificial intelligence (AI) blockchain offer new avenues innovation Change constitutes critical component executions, initiatives often significant transformation. Effective communication, training, leadership support mitigate resistance facilitate smooth transition. Real-world applications exemplify effectiveness driving tangible outcomes. Case studies spanning sectors, including manufacturing, healthcare, finance, retail, demonstrate how leveraged breakthrough improvements cost reduction, In manufacturing sector, instance, companies adopted lean principles production processes, minimize waste, flexibility. led streamlined patient care pathways, reduced administrative burdens, improved clinical Financial institutions loan approval risk, regulatory compliance. Similarly, retailers utilized omnichannel capabilities, personalize experiences. represent potent paradigm transformation today's dynamic landscape. By integrating these empower drive innovation, maintain competitive advantage

Language: Английский

Citations

52

Digital transformation as a catalyst for business model innovation: A critical review of impact and implementation strategies DOI Creative Commons

Henry Ejiga Adama,

Chukwuekem David Okeke

Magna Scientia Advanced Research and Reviews, Journal Year: 2024, Volume and Issue: 10(2), P. 256 - 264

Published: April 27, 2024

In today's fast-paced and highly competitive business environment, digital transformation has emerged as a crucial driver of organizational success. This paper presents comprehensive review the intersection between model innovation, examining impact implementation strategies associated with this transformative process. The study begins by elucidating concept its significance in reshaping traditional models. It explores how advancements technologies, such artificial intelligence, big data analytics, Internet Things, have revolutionized various aspects operations, including customer engagement, operational efficiency, revenue generation. Furthermore, critically evaluates on emphasizing need for organizations to adapt evolve response changing market dynamics consumer preferences. Through systematic analysis relevant literature case studies, highlights key drivers, challenges, opportunities inherent leveraging technologies drive innovation. Moreover, examines different adopted effectively integrate initiatives into their existing discusses importance strategic planning, culture, leadership commitment driving successful initiatives. Overall, critical contributes deeper understanding role catalyst provides valuable insights practitioners, policymakers, researchers seeking navigate complex landscape disruption capitalize emerging growth competitiveness.

Language: Английский

Citations

52

Navigating Digital Learning Landscapes: Unveiling the Interplay Between Learning Behaviors, Digital Literacy, and Educational Outcomes DOI Creative Commons

Zhaoxi Wei

Journal of the Knowledge Economy, Journal Year: 2023, Volume and Issue: unknown

Published: Oct. 7, 2023

Language: Английский

Citations

26

The Nexus of Business, Sustainability, and Herbal Medicine DOI

Ebiuwa Gladys Obahiagbon,

Matthew Chidozie Ogwu

Reference series in phytochemistry, Journal Year: 2023, Volume and Issue: unknown, P. 1 - 42

Published: Nov. 8, 2023

Language: Английский

Citations

24

Consumer data protection laws and their impact on business models in the tech industry DOI

Mohsin Ali Farhad

Telecommunications Policy, Journal Year: 2024, Volume and Issue: 48(9), P. 102836 - 102836

Published: Aug. 9, 2024

Language: Английский

Citations

12

Innovative Entrepreneurship and Sustainability: A Bibliometric Analysis in Emerging Countries DOI Open Access
Jairo Dote-Pardo, Vesnia Ortiz-Cea, Verónica Peña-Acuña

et al.

Sustainability, Journal Year: 2025, Volume and Issue: 17(2), P. 658 - 658

Published: Jan. 16, 2025

Innovative entrepreneurship has increasingly been acknowledged as one of the most vital drivers economic development, job creation at high value, wealth creation, and business growth. This study analyzes current status evolution research on innovative sustainability in context emerging economies, based a bibliometric analysis 132 articles indexed Web Science database. The search was guided by relevant keywords, such “innovative entrepreneurship*” “sustainab*”. Systemic barriers limit scalability ventures, especially developing countries. Frugal green innovations, digital technologies, rural enterprises show promise but face challenges like resource constraints, ethical concerns, policy gaps. Collaborative, equity-focused approaches are essential to ensure drives sustainable inclusive development. Further studies should expand data source, increase pool articles, develop cross-country comparisons enhance global understanding. may lead better understanding that can be used create actionable strategies for development various contexts.

Language: Английский

Citations

1

Adaptive structural audit processes as shaped by emerging technologies DOI

Navitha Singh Sewpersadh

International Journal of Accounting Information Systems, Journal Year: 2025, Volume and Issue: 56, P. 100735 - 100735

Published: Jan. 29, 2025

Language: Английский

Citations

1

Unfolding impact of natural resources, economic growth, and energy nexus on the sustainable environment: Guidelines for green finance goals in 10 Asian countries DOI
Muhammad Mohsin, Fouad Jamaani

Resources Policy, Journal Year: 2023, Volume and Issue: 86, P. 104238 - 104238

Published: Oct. 1, 2023

Language: Английский

Citations

15

Exploring the digital innovation process and outcome in retail platform ecosystems: disruptive transformation or incremental change DOI Open Access
Tong He, Wei Liu, Xuefeng Shao

et al.

Electronic Commerce Research, Journal Year: 2023, Volume and Issue: unknown

Published: April 22, 2023

Language: Английский

Citations

14

Determinants of consumers’ purchase intention on digital business model platform: evidence from Ethiopia using partial least square structural equation model (PLS-SEM) technique DOI Creative Commons
Mulatu Tilahun Gelaw, Eshetie Berhan, Gezahegn Tesfaye

et al.

Journal of Innovation and Entrepreneurship, Journal Year: 2023, Volume and Issue: 12(1)

Published: Aug. 29, 2023

Abstract Online digital market platform business model designers, marketers, and retailers can further expand their marketing strategies to draw in keep customers gain a competitive edge globally if they are aware of the elements influencing consumers' purchasing intentions. The purpose this research is identify crucial variables impacting Addis Ababa University, Graduating Engineering Students’ desire purchase on online platforms, narrow gap determinants intention Ethiopian consumers. This study adopted descriptive inferential survey design, epistemology assumption, employed positivism philosophy approach test hypotheses. primary technique used collect relevant data was closed-ended 5-point Likert scale questionnaire. information gathered from 100 Ethiopian, graduating engineering students. With use SPSS version 23 SmartPLS 3.0 software, were examined using statistics partial least square structural equation modeling (PLS-SEM) technique. results highlighted five useful decision-making that have an impact selected buy platforms including Website Design, Perceived Usefulness, Ease Use, Trust, Subjective Norms. Practical Implication with clear understanding key consumers’ platforms; manufacturers, create effective strategies, enhance technology, make smart choices will help them global advantage. unique it uses new conceptual framework analyze relationships between determinant platforms. major finding provides empirical evidence towards small sample size one limitations generalize research. Future studies should focus enlarging assessing more get generalizable result.

Language: Английский

Citations

13