Extract from Chapter 1 'Introduction' of the Book 'A Legal Framework for Emerging Business Models: Dynamic Networks as Collaborative Contracts'

2012 ◽  
Author(s):  
Emily M. Weitzenboeck
Keyword(s):  
Business Models ◽  
Dynamic Networks ◽  
Legal Framework

scholarly journals critical analysis of the job instability in platform economy

2021 ◽  
Vol 11 (2) ◽  
pp. 122-144
Author(s):  
Rocío Gallego Losada
Keyword(s):  
Business Models ◽  
Pension System ◽  
Protective Action ◽  
Legal Framework ◽  
Social Rights ◽  
Public Pension System ◽  
New Business ◽  
Labour Legislation ◽  
Job Instability ◽  
Platform Economy

This article reflects on the vulnerability of the new digital platform workers regarding their social rights, a highly controversial issue at the doctrinal and jurisprudential levels. Firstly, we analyse the greater job instability and lack of protection experienced by the workers in this type of platforms, and the labour legal framework that derives from these new business models. In this sense, the current doctrine can be grouped into two positions: a first one which defends that these workers should be considered employees and, therefore, remain under the umbrella of the general labour legislation; and a second one, that proposes a legal transformation to include these special workers. Secondly, we analyse the effects derived from the growing development of the platform economy for the Spanish Social Security system. This analysis focuses both on the effects of the protective action of the welfare state for their workers, as well as on its impact on the financing of the public pension system. The article draws a series of final conclusions warning about the possible crash of the fundamental social rights of platform workers.

scholarly journals Digitalization of Financial Services in Albania Under Restricted Measures Covid-19

2020 ◽  
Vol 3 (2) ◽  
pp. 17
Author(s):  
Rezana Balla
Keyword(s):  
Financial Services ◽  
Business Models ◽  
Legal Framework ◽  
Financial Industry ◽  
Technology Innovations ◽  
Markets And Institutions ◽  
New Business ◽  
Job Challenges ◽  
Digital Transactions ◽  
Financial Technology

Under the restricted measures due to the global pandemic Covid-19, like all other services, financial services had difficulties in performing their financial activities. These difficulties are stronger at countries where financial services are denied for a long time. Financial services denial is an issue that has affected not only Albania but small Balkan countries as well. The reasons for this denial are many, but among them we can distinguish the lack of credit experience, as one of the common reasons to be excluded in these countries from the development of the financial sector. Currently, one of the reasons for the financial denial is the emergency created by Covid-19, where physical distancing and other measures taken by governments to restrict movement and services make financial service impossible. Thus, one of the most effective ways to perform financial services remotely is financial technology. Financial technology refers to the possibilities of financial innovation through technology that can result in new business models, applications, processes, or products with an effectiveness related to financial markets and institutions and the provision of financial services. This paper aims to present the challenges of the legal framework and regulatory institutions, to provide recommendations for its improvement, to enable the development of financial technology in the financial market in Albania. The paper address issues such as the Bank of Albania's consideration on the Directive (EU) 2015/2366 On Payment Services (PSD II). What benefits or challenges would its implementation bring? How is the financial industry projected after the implementation of PSD II? What are the biggest job challenges with payment institutions that have not been to the market before or that bring technology innovations? The paper addresses the issue of money laundering through online digital transactions as well.

scholarly journals An investigation into the sharing economy phenomenon in the Greek tourism industry in the accommodation sector

2017 ◽  
pp. 25-35 ◽  
Author(s):  
Vicky Katsoni
Keyword(s):  
Hospitality Industry ◽  
Business Models ◽  
Distribution Channels ◽  
Legal Framework ◽  
Sharing Economy ◽  
Tourism Industry ◽  
Considerable Controversy ◽  
Accommodation Sector ◽  
Controversial Nature ◽  
State Regional

A phenomenon that has spread as rapidly as the sharing economy, bypassing traditional distribution channels and disrupting established business models, has naturally provoked considerable controversy. Users, providers, sharing economy sites, established businesses offering similar services to those being shared (or traded, exchanged, rented, swapped or otherwise) and governments at all levels (municipality, province, nation state, regional, and even international), have found themselves on different sides of a furious debate about the present and future shape of the sharing economy. This article explores the drivers and impacts of sharing economy in the Greek hospitality industry, presents the legal framework and discusses the challenging and at times controversial nature of it.

scholarly journals Consumer Protection in the Digital Economy and Its Legal Challenges

2021 ◽  
Vol 11 (2) ◽  
pp. 686-700
Author(s):  
Phan Thi Thanh Thuy ◽  
-- --
Keyword(s):  
Business Models ◽  
Legal Framework ◽  
Digital Economy ◽  
Economic Effects ◽  
Economic Relationships ◽  
Legal Challenges ◽  
New Business ◽  
Legitimate Interests ◽  
The Right

The 21st century is the era of the digital economy and technological achievements. Digital business models have created unprecedented socio-economic relationships and quickly dominated the market share of traditional business models in the same industry. These new business models are praised for their economic effects. On the contrary, they are criticized as the parties involved and the relationships created seems to be moving away from the norms determined by applicable business laws. Facing with the digital economy and its business models, many governments are confused because they have not found yet the right way to adjust them. Regarding the relationships between the parties of digital business model, how to protect legitimate interests of consumers is one of the most essential legal issues that has attracted widespread attention. To answer this question, the article will examine and analyze the legal role of consumers in the relationship with other parties, thereby finding out the legal challenges and giving suggestions on building a legal framework to protect consumers in the digital economy.

scholarly journals Small Satellites: National Regulatory Challenges

Teisė ◽  
2019 ◽  
Vol 111 ◽  
pp. 190-204
Author(s):  
Asta Tūbaitė-Stalauskienė
Keyword(s):  
Outer Space ◽  
Legal Framework ◽  
Legal Aspects ◽  
Small Satellites ◽  
National Space ◽  
The Republic ◽  
Model Law ◽  
Space Activities ◽  
Debris Mitigation

[full article, abstract in English; abstract in Lithuanian] This article analyses the regulation of space activities, especially small satellites activities. Its purpose is to analyse the relevant international legal framework and discuss the possible future national space legislation in Lithuania. It has been divided into two chapters. Chapter 1 summarises the relevant international space law and addresses essential aspects related to the authorisation of space activities, registration of objects launched into outer space, liability issues, insurance requirements and debris mitigation issues. Chapter 2 deals with reasons to adopt the national space legislation in Lithuania and discusses what legal aspects should be covered by the national law in order to guarantee balance between the regulation and promotion of small satellite activities. Finally, it includes the Model Law on the Promotion of National Space Activities and the Establishment of a National Space Registry of the Republic of Lithuania.

scholarly journals APPLICABILITY OF BUSINESS MODELS IN THE SOCIAL AND SOLIDARITY ECONOMY AMONG SOCIAL ENTERPRISES IN BULGARIA

2020 ◽  
Vol 18 (Suppl.1) ◽  
pp. 350-353
Author(s):  
K. Stoyanov ◽  
G. Zhelyazkov
Keyword(s):  
Social Entrepreneurship ◽  
Business Models ◽  
Legal Framework ◽  
Social Enterprises ◽  
Social Goals ◽  
Regulatory Environment ◽  
Solidarity Economy ◽  
The Social ◽  
External Conditions ◽  
The Difference

Social entrepreneurship in Bulgaria is known as a sector, but only a year ago it was legally recognized as a form of business activity. At the same time, the difference in the development of the sector in individual countries does not have a key influence on the implementation of the main activities and social goals of individual organizations. The existence of several business models, which are observed among enterprises in the social and solidarity economy sector, are in general not directly dependent on the regulatory environment in which they operate. This determines the ability to monitor the applicability of those business models in question under different external conditions. The article aims to look at how social enterprises in Bulgaria integrate the various business models, that are known in the sector and to what extent they are influenced by the existing legal framework in the country.

scholarly journals Regulating Fintech in the EU: the Case for a Guided Sandbox

2020 ◽  
Vol 11 (3) ◽  
pp. 604-629 ◽  
Author(s):  
Wolf-Georg RINGE ◽  
Christopher RUOF
Keyword(s):  
Business Models ◽  
Financial Regulation ◽  
Legal Framework ◽  
Business Practices ◽  
Eu Member States ◽  
Market Participants ◽  
New Business ◽  
Real Market ◽  
Regulatory Problems ◽  
The Eu

New financial technology holds the promise of innovation and competition, challenging established products and services and frequently improving market processes. However, regulation of these new services faces a double challenge: to keep pace with innovation and facilitate new market entries while at the same time understanding and managing the regulatory risks that are involved.At this stage, the existing EU regulatory framework is of little help: the bulk of the present body of financial regulation stems from a different time, with different regulatory problems in mind. EU regulation is also very slow to change and to adapt. Therefore, this paper proposes a regulatory “sandbox” – an experimentation space – as a step towards a regulatory environment where such new business models can thrive. A sandbox would allow market participants to test fintech services in the real market, with real consumers, but under the close scrutiny of the supervisor. The benefit of such an approach is that it fuels the development of new business practices and reduces the “time to market” cycle of financial innovation, while simultaneously safeguarding consumer protection. At the same time, a sandbox allows for mutual learning in a technical field which is sometimes poorly understood, both for firms and for the regulator. This would help to reduce the prevalent regulatory uncertainty for all market participants.In the particular EU legal framework with various layers of legal instruments, the implementation of such a sandbox is not straightforward. In this paper, we propose a “guided sandbox”, operated by the EU Member States, but with endorsement, support, and monitoring by EU institutions. This innovative approach would be somewhat uncharted territory for the EU, and thereby also contribute to the future development of EU financial market governance as a whole.

YouTube und seine Kinder

2019 ◽  
Keyword(s):  
Case Studies ◽  
Business Models ◽  
Business Communication ◽  
Legal Framework ◽  
Revolutionary Change ◽  
Economic Significance ◽  
Technological Developments ◽  
Research Findings ◽  
The Media ◽  
Framework Conditions

All over the world, revolutionary change is taking place in the media and business communication. Of all the technological developments related to Web 2.0, it is above all the new forms of moving pictures on the Internet and their areas of application that testify to a changed culture of entertainment and information. In this respect, the range of videos available, in combination with social media, has assumed an increasingly significant role. But which business models, strategies and marketing concepts promise success. How can they evoke the attention and emotions of increasingly self-sufficient consumers and convince them to part with their money at the same time? Using examples from research and praxis, this study presents the foundations of online video and Web TV, the forms they take, their legal framework conditions, case studies and research findings on them as well as their social and economic significance, including numerous figures, case studies and contributions by authors on BMW, Daimler, Deutsche Telekom, Google/YouTube, IP Deutschland, Microsoft, MySpace, sevenload und W&V, among others.

Sign in / Sign up

Export Citation Format

Share Document