Revealing of entities interconnections in system dynamics modelling process by applying multimodal data analysis paradigm

2017 ◽  
Author(s):  
Olga Kalyonova ◽  
Ivan Perl
Keyword(s):  
Data Analysis ◽  
System Dynamics ◽  
Multimodal Data ◽  
System Dynamics Modelling ◽  
Dynamics Modelling ◽  
Multimodal Data Analysis ◽  
Modelling Process

scholarly journals AN EVALUATION METHOD FOR BUSINESS MODELS IN PRODUCT-SERVICE SYSTEMS DESIGN

2021 ◽  
Vol 1 ◽  
pp. 427-436
Author(s):  
Sanghyun Oh ◽  
Yoo S. Hong ◽  
Jihwan Lee ◽  
Yong Se Kim
Keyword(s):  
System Dynamics ◽  
Business Model ◽  
Business Models ◽  
Evaluation Method ◽  
Systems Design ◽  
Economic Sustainability ◽  
Management Service ◽  
System Dynamics Modelling ◽  
Dynamics Modelling ◽  
Modelling Task

AbstractTo pursue business innovation with PSS, many different PSS concepts are designed and evaluated. Various business models of a PSS design concept are devised and evaluated as well. Evaluation of the economic sustainability of PSS business models is critical. This paper presents a systematic method to evaluate the economic sustainability of PSS business models using a system dynamics modelling template. System dynamics modelling task is challenging for practitioners due to the variety of variables comprising business model strategies and their complex interrelationships. To enable the modelling task, a system dynamics modelling template composed of six modules of customer acquisition, channel acquisition, profit creation, resource acquisition, PSS provision, and partnership pattern has been devised. The PSS business model evaluation method has been illustrated using a smart study experience management service system design case to demonstrate the proposed system dynamics modelling template can reflect the case-specific business model which consists of the particular business model strategies.

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