scholarly journals Formal Criteria for the Classification of Service Based on the Value-creation Model

Procedia CIRP ◽  
2017 ◽  
Vol 62 ◽  
pp. 74-77
Author(s):  
Ichiro Nagasaka ◽  
Nariaki Nishino
Keyword(s):  
Value Creation

scholarly journals Data Governance and Sovereignty in Urban Data Spaces Based on Standardized ICT Reference Architectures

2018 ◽  
Author(s):  
Silke Cuno ◽  
Lina Bruns ◽  
Nikolay Tcholtchev ◽  
Philipp Lämmel ◽  
Ina Schieferdecker
Keyword(s):  
Value Creation ◽  
Data Exchange ◽  
Smart Cities ◽  
Legal Aspects ◽  
Added Value ◽  
Data Types ◽  
Data Governance ◽  
Data Space ◽  
Urban Data

This paper presents the results of a recent study that was conducted with a number of German municipalities/cities. Based on the obtained and briefly presented recommendations emerging from the study, the authors propose the concept of an Urban Data Space (UDS), which facilitates an eco-system for data exchange and added value creation thereby utilizing the various types of data within a smart city/municipality. Looking at an Urban Data Space from within a German context and considering the current situation and developments in German municipalities, this paper proposes a reasonable classification of urban data that allows to relate the various data types to legal aspects and to conduct solid considerations regarding technical implementation designs and decisions. Furthermore, the Urban Data Space is described/analyzed in detail, and relevant stakeholders are identified, as well as corresponding technical artifacts are introduced. The authors propose to setup Urban Data Spaces based on emerging standards from the area of ICT reference architectures for Smart Cities, such as DIN SPEC 91357 “Open Urban Platform” and EIP SCC. Thereby, the paper walks the reader through the construction of an UDS based on the above mentioned architectures and outlines all the goals, recommendations and potentials, which an Urban Data Space can reveal to a municipality/city.

scholarly journals Survey and Classification of Business Models for the Energy Transformation

Energies ◽  
2020 ◽  
Vol 13 (11) ◽  
pp. 2981 ◽  
Author(s):  
Johannes Giehl ◽  
Hayri Göcke ◽  
Benjamin Grosse ◽  
Johannes Kochems ◽  
Joachim Müller-Kirchenbauer
Keyword(s):  
Business Model ◽  
Value Creation ◽  
Business Models ◽  
Energy Sector ◽  
Energy Industry ◽  
Current Status ◽  
Primary Data ◽  
Energy Transformation ◽  
Model Framework

The energy transformation is changing the structure of the energy sector in Europe and Germany. In this paper the current structure of the energy sector is analysed both empirically as well as theoretically. Therefore, the authors have developed the business model framework for the energy transformation (BMFE). The framework is a synthesis of classical business model designs. An exhaustive survey of existing business models based on primary data collection and a literature review leads to 638 business models. Finally, 69 prototypical business models of the energy sector are the result of the classification of these business models. The information of the business models within the BMFE is applied to show the growing importance of value creation networks in energy industry. The work represents the current status of the business models in the energy sector.

scholarly journals Value Creation, Transactions and the Firm

2018 ◽  
Vol 18 (5) ◽  
Keyword(s):  
Value Creation ◽  
Supply And Demand ◽  
Demand Analysis ◽  
Four Dimensions ◽  
Transaction Model ◽  
Theory Of Value ◽  
Definition Of ◽  
Transaction Price

Going from supply and demand analysis to value creation can be puzzling. The paper defines a simple transaction model representing value creation with and without the intermediation of a firm, measuring transaction price indetermination, and defining conditions for a transaction to occur. Using Debreu’s classification of “The theory of value”, an analogy pictures the role of the firm. In the theory of knowledge, it is one of the four dimensions of a definition of an object. These dimensions are discussed, particularly the functions of the firm and its components, what it is made of.

EFFECTIVENESS OF FUNCTIONING AND MECHANISMS OF CREATING CORPORATE VALUE IN THE SECTOR OF TRANSPORT OF GOODS, WAREHOUSING AND TRANSPORT-SUPPORTING SERVICES

2017 ◽  
Vol 67 (0) ◽  
pp. 101-113 ◽  
Author(s):  
Stanisław Młynarski ◽  
Jarosław Kaczmarek
Keyword(s):  
Value Creation ◽  
Research Study ◽  
Corporate Value ◽  
Dominant Mechanism ◽  
Return On Equity ◽  
Relative Measure ◽  
Consistent Group ◽  
The Impact

The paper analyses the condition and financial results of companies with the use of relative and absolute measures, which constitute a consistent group of the characteristics of a company’s financial standing. The analysed entities represent five sections of PKD (Polish Classification of Business Activities) which belong to the transport of goods, warehousing, storage, and transport support activities. The research study aims to identify and quantify the mechanism (the impact of factors) of creating value, described on the basis of a relative measure – return on equity. The authors confirm three research hypotheses related to the key determinant of value creation, the dominant mechanism and its changes in the analysed 2007–2016 period.

The Concept of Lean Manufacturing as a Tool for Improving the Process of Education

2021 ◽  
Vol 27 (4) ◽  
pp. 232-247
Author(s):  
R. I. Kotov ◽  
K. V. Belysh
Keyword(s):  
General Education ◽  
Value Creation ◽  
Lean Manufacturing ◽  
Information Transfer ◽  
Business Processes ◽  
Educational Process ◽  
National Standards ◽  
Empirical Observation ◽  
Industrial Enterprises

Aim. The presented study aims to examine approaches to organizing the educational process in the system of general education in accordance with the basic principles of lean philosophy, better known in Russia as “lean manufacturing philosophy”, which has proven to be an effective tool for building business processes in industrial enterprises.Tasks. The authors determine the value created by applying the principles of lean education in the general education system, describing the value creation flow and its customer; examine the classification of losses in the value stream and identify losses in the educational process based on national standards for lean manufacturing and quality management systems; apply the described system to the educational process of Gorchakov MGIMO Lyceum.Methods. This study uses empirical (observation, measurement) and theoretical (abstraction, formalization, and modeling) research methods, as well as methods of grouping, comparative, structural, and functional analysis.Results. The study substantiates the authors’ hypothesis that the analysis of the educational process through the definition of value for the consumer/customer and the identification of different types of losses transforms the value creation flow into the “lean education” flow, which perfectly meets the needs of stakeholders. The maps of the current and future state of the value creation flow of the educational process of Gorchakov MGIMO Lyceum are modeled. A comparative classification of the types of losses in the manufacturing and educational processes is created. The results of testing the hypothesis in the educational process of the specified lyceum are presented.Conclusions. Application of lean philosophy (the concept of lean manufacturing) can improve various activities, including education. The study provides evidence for this by defining and constructing the value creation flow in accordance with the requests of all stakeholders in the educational process and also by identifying losses in the methods and processes of information transfer and further evaluation of the knowledge and skills of students.

scholarly journals The risk assessment model for construction projects including value creation and protection aspects

2019 ◽  
Author(s):  
Jolanta Tamošaitienė ◽  
Miglė Lapeikytė
Keyword(s):  
Risk Assessment ◽  
Construction Industry ◽  
Value Creation ◽  
Construction Projects ◽  
Assessment Model ◽  
Risk Level ◽  
Risk Assessment Model ◽  
Construction Sector

The article focuses on the identification and classification of key risk management criteria that represent the value creation and protection aspects for the construction industry. Nowadays, the assessment of the risk level of a construction project is especially important for the quality of construction projects as well as the growth of enterprises and the sector. To establish the most important criteria for the successful growth of the construction sector including value creation and protection aspects are developed.

Managing Value-Creation in the Digital Economy

2001 ◽  
pp. 62-70
Author(s):  
John C. McIntosh ◽  
Keng Siau
Keyword(s):  
Information Technology ◽  
Value Creation ◽  
Business Models ◽  
Economic Value ◽  
Digital Economy ◽  
Nature Of Information ◽  
Mere Possession ◽  
Types Of Information ◽  
Fusion Products

This research seeks to advance understanding of information as a source of value creation in the digital economy. It therefore focuses on the nature of information itself as a resource, the effective management of which may be used to create products and services of economic value. Implicit in this assertion is the belief that the mere possession of information technology is a necessary but not sufficient condition. Hence, we focus not on the management of information technology, but on the ways that different types of information may be used to create value. The reader should note that our use of the term “products” refers to both tangible and intangible offerings. The convergence of information, physical products and services is becoming a particularly powerful driver of value creation in the form of fusion products that embody all three elements (Berryman et al., 1988; Goldman et al., 1995). Toward this end we develop a classification of information types based on the rate at which information changes and the degree to which information can be combined with other types of information to create value. We then use the classification scheme to describe the types of information that underpin four Internet business models. The reader should note that we do not purport to describe all extant business models. The Internet is a technologically dynamic, fast changing environment. It is virtually a certainty that other models will arise.

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