Digital Business Models: Review and Synthesis

Sawy, Omar A. El; Pereira, Francis

doi:10.1007/978-3-642-31765-1_2

Cited by 26 publications

(7 citation statements)

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“…Digital enterprises therefore need to leverage these devices and technologies to compete and survive in the global economy. El Sawy and Pereira (2013) assert that digital businesses must belong to the right digital ecosystems to be considered as being in a strong competitively advantageous position, even though it is sometimes short-lived because of the dynamic nature of the digital ecosystem.…”

Section: Review Of Digital Enterprises Literaturementioning

confidence: 99%

Surviving in the digital era – business models of digital enterprises in a developing economy

Ansong

Boateng

2019

DPRG

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Purpose-This study aims to explore the business models and strategies of digital enterprises in a developing economy context to understand the nature of their operations, as well as their survival tactics. Design/methodology/approach-A review of literature on digital enterprise models led to the adaptation of a 16 business model archetype for analyzing digital enterprises in Ghana. Using a critical realism perspective, survey data from a sample of 91 digital enterprises were used for the study. Findings-The findings suggest that among human, physical and intangible assets, financial assets were the least used assets in the operations of the digital enterprises. This stems from the fact that the online financial business sector is still in its nascent stages in most developing economies. The findings further suggest that all digital enterprises leverage on accessible and low-cost social networking services as part of their operations and use them as an avenue to engage with their target customers. Research limitations/implications-The findings from this study provide guidelines to entrepreneurs who wish to venture into the digital ecosystem of Ghana, particularly with regard to the economic, financial and technological factors that enable digital enterprises to survive in the competitive digital economy. Practical implications-The findings suggest that it is important for governments to realize that there is an increasing rise in digital enterprises in the developing economies and these enterprises are creating jobs and providing business solutions locally that would hitherto be sought from developed economies. There is therefore the need for the requisite legal infrastructure and financial support that will cushion these enterprises from the fierce competitions that stagnate their growth. Originality/value-The study provides a mapping of the digital business models of Ghanaian digital enterprises. This knowledge is arguably the first of its kind in the context of a developing economy. Hence, it serves as a stepping-stone for future studies to explore other areas in the digital economy, especially from a developing economy perspective.

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Section: Review Of Digital Enterprises Literaturementioning

confidence: 99%

Surviving in the digital era – business models of digital enterprises in a developing economy

Ansong

Boateng

2019

DPRG

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“…It has been demonstrated that innovation is driven by technology orientation [60] and enabled by technological competencies [61,62]. To explain the disruptive impact of digital technologies on companies from a digital transformation perspective, a study on corporate strategy [19,45] and innovation [63,64] and business models [65,66] were studied from the perspective of digital technology. In this study, the effect of digital transformation on technological competencies was set as a research question from the innovation point of view.…”

Section: Dt and Tcmentioning

confidence: 99%

“…Innovation has proven to be driven by technology orientation and enabled by TC [61]. Explain the disruptive impact of digital technologies on companies from a DT perspective, the study of corporate strategy [19], and innovation [63][64][65][66] were studied from the digital technology perspective. This study established a hypothesis on the effect of DT on the TC from the innovation point of view.…”

Section: Dt and Tcmentioning

confidence: 99%

Influential Variables and Causal Relations Impact on Innovative Performance and Sustainable Growth of SMEs in Aspect of Industry 4.0 and Digital Transformation

Kim

2023

Sustainability

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Digital Transformation is essential in the global industry for survival and sustainable growth, and SMEs are mainly required to apply digital technology for sustainable growth. This study aims to verify the causal relationship between the variables significantly affecting Digital Transformation’s sustainable growth and innovative performance and suggest critical variables and strategies in which Digital Transformation’s constituent factors affect sustainable growth. Data were collected from an online survey of 303 CEOs of SMEs. Using Smart PLS, analyzed the factors affecting the sustainable growth of SMEs and verified the causal relationship. We found that applying Digital Transformation in SMEs is necessary because Digital Transformation affects innovation performance and ultimately impacts sustainable growth. By verifying the variables that affect the sustainable growth of 7 industrial sectors, we establish sustainable growth strategies suitable for each industry and provide the variables that affect sustainable growth. The findings imply that DT is essential for the sustainable growth of SMEs and that impact variables appropriate to the industry should be applied. The study results will be a new area of interest for future researchers.

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“…Firm centric concept started to evolve within the widespread adoption of computer networks in the 1990s [20], [25], [28] [39], [45], [89], [91]. Through the years, the research focus shifted from the ebusinesses [2], [14], [72] to the BM research arising from multiple disciplines such as strategy, innovation, management, and IS [12], [40], and [58].…”

Section: Theoretical Backgroundmentioning

confidence: 99%

Unlashing the Next Wave of Business Models in the Internet of Things Era: New Directions for a Research Agenda based on a Systematic Literature Review

Omerovic¹,

Islam

Buxmann

2020

Proceedings of the Annual Hawaii International Conference on System Sciences

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Pervasive digitization of products and services open additional avenues for the next wave of business model opportunities. Most of firms are aware of the monetization potentials that the Internet of Things (IoT) has to offer, however, they still struggle to create a compelling value propositions. Despite the attention of both research and practice onto business models and the IoT, only few concepts and research endeavors regarding their intersections exist. This paper tends to unleash the specificity of the business models within the IoT technologies, and motivate new, ecosystem, perspective for upcoming research. Following a rigorous methodology for a comprehensive and systematic literature review, we develop five literature clusters related to the Internet of Things-driven business model research, evaluate and analyze the papers within clusters, and finally identify the gaps and propose directions for future research.

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Digital Business Models: Review and Synthesis

Cited by 26 publications

References 0 publications

Surviving in the digital era – business models of digital enterprises in a developing economy

Surviving in the digital era – business models of digital enterprises in a developing economy

Influential Variables and Causal Relations Impact on Innovative Performance and Sustainable Growth of SMEs in Aspect of Industry 4.0 and Digital Transformation

Unlashing the Next Wave of Business Models in the Internet of Things Era: New Directions for a Research Agenda based on a Systematic Literature Review

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