scholarly journals Business Models Addressing Sustainability Challenges—Towards a New Research Agenda

2020 ◽  
Vol 12 (9) ◽  
pp. 3534 ◽  
Author(s):  
Claudia Ogrean ◽  
Mihaela Herciu
Keyword(s):  
Business Models ◽  
New Paradigm ◽  
Global Business ◽  
Doing Business ◽  
Long Run ◽  
Global Business Ethics ◽  
Short Run ◽  
Sustainability Challenges ◽  
Contingent Approach ◽  
New Research

From just another buzzword a few decades ago, sustainability has become a hot topic on strategists’ agenda—and it is here to stay. The growing pressures on businesses to address the ever-complex sustainability challenges and to (consequently) assess their performance against a variety of sustainability-related goals are imperatively asking for a new paradigm—grounded on a global business ethics perspective and able to support a fundamental change in the traditional ways of doing business; placed at the heart of any company’s way of doing business, business models are instrumental in these transformative changes, both as triggers (in the short run) and backbones (in the medium to long run). Building on existing literature and capitalizing on the opportunities provided by inter- and trans-disciplinary research, this theoretical analysis aims to (re)frame the (research in) search of the most appropriate business models to address sustainability challenges. Thus, the purpose of the study is: (1) To advocate for a complex yet contingent approach at the business level—able to capture the bigger picture (the sustainability imperative) without missing its idiosyncrasies (the best fitted to the business model context)—when searching for strategic performance; (2) to propose an integrative, multi-level conceptual framework (able to provide widespread synergies for companies and their broader environment) as guidance for this kind of approach, and to suggest specific directions with respect to its implementation.

Redesigning Business Models With Circular Economy

2020 ◽  
pp. 121-153
Author(s):  
Francesca Ceruti ◽  
Laura Gavinelli ◽  
Angelo Di Gregorio ◽  
Marco Frey
Keyword(s):  
Circular Economy ◽  
Business Performance ◽  
Business Models ◽  
Environmental Strategy ◽  
New Paradigm ◽  
Work Plan ◽  
Doing Business

In the last decades, circular economy has become a key in the academic and managerial studies. While there are plenty of contributions on circular economy like environmental strategy, a less developed line of studies is that analyzing circular economy as a new way of doing business. In this context, Italy has initiated the necessary reforms for the transition to the circular economy in 1997, but it is only in 2017 that it has adopted a work plan on that. The chapter presents the evidence of a CAWI interview investigating if the Italian firms are adopting the principles of circular economy and if this affects their competitiveness and business performance. The research contributes to the understanding of this new paradigm by getting into detail with the motivations that drive Italian enterprise to adopt the principles of circular economy, the actions they are taking to be circular economy-oriented, and the possible relationship between the adoption of the circular economy principles and their business performance.

scholarly journals Relationship Between Crude Oil Prices And Economic Growth In Selected OPEC Countries

2015 ◽  
Vol 32 (1) ◽  
pp. 11 ◽  
Author(s):  
Zied Ftiti ◽  
Khaled Guesmi ◽  
Frédéric Teulon Teulon ◽  
Slim Chouachi
Keyword(s):  
Economic Growth ◽  
United Arab Emirates ◽  
Oil Prices ◽  
Price Shocks ◽  
Global Business ◽  
Dynamic Correlation ◽  
Crude Oil Prices ◽  
Long Run ◽  
Short Run ◽  
The Relationship

<p>The aim of this study is to examine the degree of interdependence between oil prices and economic activity growth for four major countries (United Arab Emirates, Kuwait, Saudi Arabia, and Venezuela) in the Organization of the Petroleum Exporting Countries (OPEC) over the period from 3 September 2000 to 3 December 2010. We propose the frequency approach of Priestley and Tong (1973), which is the evolutionary co-spectral analysis. This method  offers a time-varying dynamic correlation measure for different horizons, short-run and medium-run. To complete our study by analyzing long-run dependence, we use the cointegration procedure developed by Engle and Granger (1987). We show that oil price shocks in periods during period of fluctuations in the global business cycle and/or financial turmoil affect the relationship between oil and economic growth in OPEC countries.</p>

scholarly journals The Inflexible Structure of Global Supply Chains

2019 ◽  
Vol 2019 (193) ◽  
pp. 1
Author(s):  
Tamim Bayoumi ◽  
Jelle Barkema ◽  
Diego Cerdeiro
Keyword(s):  
Business Cycle ◽  
Supply Chains ◽  
Specific Aspect ◽  
Global Supply Chains ◽  
Global Business ◽  
Chain Flexibility ◽  
Supply Chain Flexibility ◽  
Long Run ◽  
Short Run ◽  
Over Time

The rise of global supply chains has had profound effects on individual economies and the global trading system, thereby complicating standard macroeconomic analyses. For many of the new and challenging questions brought about by this phenomenon, such as its impact on the global business cycle and measurements of competitiveness, the answer largely depends on one specific aspect of global value chains: how easily they can re-configure in response to changes in prices. We propose a parsimonious, generalized specification to test the degree of global-supply-chain flexibility. Our estimates show that, in the short run, the production structure is highly inflexible, and that this rigidity has, if anything, risen over time as supply chains have deepened over time. This finding is robust to alternative price measures, including those that account for the U.S. dollar’s outsized role in trade through invoicing. While in the long run all estimated elasticities rise, supply chains remain somewhat inflexible. Our results have implications for analyses of cross-country business-cycle dynamics, the propagation of sectoral shocks, and the measurement of international competitiveness.

The United State and East Asia: A New Paradigm?

1994 ◽  
Vol 9 (0) ◽  
pp. 21-41
Author(s):  
Kyongsoo Lho
Keyword(s):  
United States ◽  
East Asia ◽  
The United States ◽  
New Paradigm ◽  
Economic Relations ◽  
Long Run ◽  
The Us ◽  
Short Run ◽  
The Cold War ◽  
First Time

The end of the Cold War has precipitated a major rethinking of the United States' international commitments in both the scholarly and policymaking communities. For the first time in nearly half a century, the United States is fundamentally reconsidering both its military and economic relations with the outside world. However, the debate over how to restructure US foreign policy has generally focused on Europe. When analysts have referred to Asia, the emphasis has generally been on economic problems in the region. Similarly, the thrust of these works has tended to remain short-term, looking at the immediate future. This paper challenges these viewpoints. It argues that East Asia is as important as Europe to the United States, for security as well as economic reasons. The paper looks at the long-run as well as short-run trends in East Asia, and argues that the issues the US will face in the future will not arise solely from its traditional adversaries-a major problem will be managing conflicts within alliances.

scholarly journals Prospects for the Development of Russian Export in the Context of Digitalization

2020 ◽  
Vol 11 (5) ◽  
pp. 114
Author(s):  
Ekaterina Klimakova ◽  
Alireza Nasiri
Keyword(s):  
Emerging Economies ◽  
Global Economy ◽  
Transport Equipment ◽  
Distributed Lag ◽  
Autoregressive Distributed Lag ◽  
Doing Business ◽  
Long Run ◽  
Global Trend ◽  
Short Run ◽  
The Impact

The global trend in digitization has revolution the global economy and the way of doing business in our world currently. The digital trend is instrumental to globalization and specifically international trade. In Russia, the application of digitization is relatively low compared to other emerging economies. Therefore, it becomes interesting to assess the prospects of digitization in increasing export of the country and extensively, if such influence on export is industrial sensitive. To accomplish this, we assessed industrial export of Russia and used panel Autoregressive Distributed Lag (ARDL) technique to determine the impact of digitization on Russia’s export. By implementing Mean Group (MG) estimator which was adjudged to be suitable for this model through the Hausman test, it could be revealed that the impact of digitization is more intense in the short-run. The long-run effect is not statistically significant. Based on industries, digitization is significantly responsible for the export of Crude materials, inedible, except fuels; and Machinery and transport equipment in the short-run while also contributes to the long-run increase in export of Beverages and tobacco. The prospect can be increased when the country adapts and adopts more in the global trend.

scholarly journals The Impact of E-Commerce on International Trade: Case of Turkey

2019 ◽  
Vol 10 (01) ◽  
pp. 21190-21209
Author(s):  
Ameer Mahdi Nassrullah Mzwri ◽  
Zelha Altinkaya
Keyword(s):  
International Trade ◽  
Electronic Commerce ◽  
Developed Countries ◽  
Geographical Distance ◽  
Doing Business ◽  
Long Run ◽  
Short Run ◽  
In The Beginning ◽  
Corporate Profits ◽  
The Impact

The purpose of the present paper is to investigate the impact of electronic commerce on international trade with the case studying of Turkey. E-commerce offers economy-wide benefits to all countries. The benefits are probably to be concentrated in developed countries in the short run, but developing countries will have more to benefit in the long run. Applying electronic commerce in both own and foreign country will affect corporate profits badly in the beginning, but after a certain step of progress, it will promote the rapid growth of corporate profits. The theories covered in this paper are simply those theories which have helped business, governments, and economics to better understand international trade and also to better understand how to manage, regulate, and promote international trade. The capacity of international trade will rise via e-commerce. New opportunities for international trade have created throughout internet. The way of communicating or doing business and trade between companies and individuals has changed as the geographical distance decreased between buyers and sellers.

scholarly journals Role of Political Instability in Attracting FDI Inflow to Pakistan

2021 ◽  
Vol 3 (1) ◽  
pp. 41-49
Author(s):  
Dil Jan ◽  
Muhammad Sibt e Ali ◽  
Muhammad Taqi ◽  
Sabiha Parveen
Keyword(s):  
Design Methodology ◽  
Domestic Investment ◽  
Inverse Relation ◽  
Doing Business ◽  
Long Run ◽  
Short Run ◽  
Ease Of Doing Business ◽  
The Impact

Purpose:  The reason of this study is to recognize the impact of key determinants of overseas direct asset in case of Pakistan, based on annual information covering the period of 1981-2018. Design/Methodology/Approach: After checking for still of the sequence, the technique of ARDL is used for estimation of long run parameters estimates and error alteration instrument for short run dynamics. Findings: The results of the study indicate that politically stable environment and long term policies are necessary to attract foreign investors. furthermore, investment profile of any government also matter for direct asset in the country as the study conclusions reveal that marketplace size as well as domestic investment are positively related to foreign direct investment while taxes have negative association with overseas straight investment in the case of Pakistan. Implications/Originality/Value: The most important factor for FDI inflow to Pakistan is interest rate or ease of doing business which has negative sign means inverse relation exists between the two variables.

scholarly journals How Happiness can lead to more Efficiency? A New Paradigm Adapted to the World Knowledge Economy

2017 ◽  
Vol 11 (2) ◽  
Author(s):  
Camille Baulant
Keyword(s):  
Economic Growth ◽  
World Knowledge ◽  
New Paradigm ◽  
Competition And Cooperation ◽  
Long Run ◽  
The World ◽  
Short Run ◽  
Wage Theory ◽  
The Individual ◽  
Individual Strategies

Over the last 20 years, the world economy has induced more competition and cooperation. To understand how cooperation is complementary to competition, the paper proposes to analyze both sides of the market economy: the competition side where agents compete with each other and the cooperation side where agents need to cooperate with each other. Despite a rising economic growth during the last thirty years, recent studies on happiness also show a gap between economic growth and life satisfaction (Eeasterlin, 1974, Helliwell, Layard and Sachs, 2016). This work seeks to study the conditions of a more inclusive economy allowing individuals and organizations to reach better efficiency and happiness. To realize this paradigmatic revolution, the paper suggests using the results of Shapiro and Stiglitz’s efficiency wage theory for investigating necessary conditions for a more inclusive economy. In an inclusive growth, two aspects must be analyzed: the long run sustainable happiness and efficiency specialization for agents and countries and their short run daily happiness and efficiency. In the first part, the paper analyzes how recent world changes evolve to use a complexity theory (Le Moigne, 1995) which proposes qualitative inter-dependences between rationality and emotion for reaching rising efficiency. In the second part, the paper demonstrates how the individual strategies of the agents, led by the search for increasing happiness, may induce some long run innovations for the whole society. In the last part, the paper proposes concrete short run actions for greater individual and collective happiness and efficiency.

scholarly journals U.S. Offshoring Of Jobs And Businesses To India: A Survey And Analysis

2011 ◽  
Vol 5 (7) ◽  
Author(s):  
Shyamalendu Sarkar ◽  
Surender Reddy
Keyword(s):  
Capital Investment ◽  
Cost Savings ◽  
Business Environment ◽  
Offshore Outsourcing ◽  
Trade Restrictions ◽  
Global Business ◽  
Cultural Changes ◽  
Long Run ◽  
Short Run ◽  
The U.S

Recently, offshore-outsourcing of U.S. jobs in general and particularly to India has drawn considerable attention from various quarters in the U.S. A combination of factors have propelled this issue to the forefront: ominous headlines; downsizing of corporate labor force; huge trade deficits, increased global competition; poor job growth in a healthy economy; loss of white-collar and professional jobs, etc. The trend of jobs outsourced to India is projected to be sharply upward in the near future. India has clearly benefited from the influx of new jobs. It has also brought some cultural changes in the younger generation in India not well received by the local communities. However, the overall cultural understanding between India and the U.S. has certainly improved. The study finds that the U.S. businesses have many compelling reasons in outsourcing jobs to India: cost savings due to wage differentials; decreasing need for capital investment; availability of educated and skilled workforce, etc. The offshore-outsourcing also has many disadvantages: loss of security; increased dependency; huge startup and communication costs; inadequate protection of intellectual property; poor infrastructure; different legal systems; high levels of bureaucracy and corruption, etc. As the economic theories suggest, the authors find that, given the current competitive global business environment, offshore-outsourcing is an essential part of sound business decisions that U.S. corporations need to make to remain economically viable in the long-run. The short-run problem of displaced workers, although highly important, should be addressed in ways other than imposing trade restrictions, or isolating U.S. from world competition.

scholarly journals Changes in the start-ups business models

2020 ◽  
Vol 83 ◽  
pp. 01053
Author(s):  
Katarína Procházková
Keyword(s):  
Business Model ◽  
Business Models ◽  
Research Paper ◽  
Business Environment ◽  
Entry Modes ◽  
Global Business ◽  
Business Model Canvas ◽  
Doing Business ◽  
Last Stage ◽  
Start Ups

Research paper is summarizing results of project focus on business models and strategies of startups. The research was focused on identification of business models and strategies of startups. Research sample was creating from more than 70 startups at the beginning of the research and we finished research 3 years later with 53 startups. This research paper is partial output that analyze startups in global business environment in terms of doing business abroad and making strategic steps. The aim of paper is identify basic strategic steps and decision making of startups through selected indicators such as market presence and entry modes focusing on the last stage of research. Startups business model were also analyze and part of the output is mapping the shifts in business model Canvas of startups.

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