scholarly journals Challenges of the Sharing Economy for SMEs: A Literature Review

2020 ◽  
Vol 12 (16) ◽  
pp. 6504
Author(s):  
Zuzana Soltysova ◽  
Vladimir Modrak
Keyword(s):  
Industry 4.0 ◽  
Business Models ◽  
Sustainable Consumption ◽  
Sharing Economy ◽  
Digital Transformation ◽  
Young Generation ◽  
Gift Economy ◽  
Philosophical Aspect ◽  
Consumption Practices ◽  
Almost All

The sharing economy is becoming increasingly popular in many sectors also thanks to the fact that not only young generation, but people of almost all ages are digitally literate, and therefore they readily participate in sharing economy practices. A very important part of their motivation comes from the knowledge that it is a great way to save money, but a no less important reason is the philosophical aspect, which is consistent with efforts to promote more sustainable consumption practices that prioritize access over ownership. The sharing economy has become a subject of interest not only among researchers and practitioners but also among policymakers and stakeholders who are concerned about the further extension of digital ecosystems. Fortunately, theorists from many fields, such as the commercial economy, gift economy, entrepreneurship, digital transformation, etc., pay due attention to this phenomenon. However, there is still room for focused exploration of this entrepreneurial and innovative approach from specific views in order to bring useful findings and insights on given issues. The intention of this study is to analyze the existing related literature and categorize sharing economy-based business models in relation to traditional business models. Potentially, this study can also contribute to a better understanding of the perspectives of the sharing economy in the transition of SMEs towards the Industry 4.0 paradigm.

scholarly journals The Impact of Force Factors on the Benefits of Digital Transformation in Romania

2021 ◽  
Vol 11 (5) ◽  
pp. 2365
Author(s):  
Sorinel Căpușneanu ◽  
Dorel Mateș ◽  
Mirela Cătălina Tűrkeș ◽  
Cristian-Marian Barbu ◽  
Adela-Ioana Staraș ◽  
...  
Keyword(s):  
Perceived Risk ◽  
Industry 4.0 ◽  
Business Models ◽  
Structural Model ◽  
Digital Transformation ◽  
Sample Survey ◽  
Intention To Use ◽  
Online Questionnaire ◽  
Use Of Technology ◽  
The Impact

The digital transformation has produced changes in all existing areas of activity worldwide. There are many factors that can influence the intention to use Industry 4.0 processes and solutions and change the behavior of organizations and their business models. The aim of this study is to validate the econometric model on assessing the significant impact of distinct factors on the intention to use Industry 4.0 processes and solutions, the benefits of digital transformation perceived by organizational management and the differences between distinct groups analyzed. The research method used within the quantitative study was the sample survey, using the online questionnaire as a data collection tool. Three hundred forty-seven valid questionnaires were collected and the response rate of the respondents was 64.25%. A new structural model was generated based on the elements of the Unified Theory of Acceptance and Use of Technology (UTAUT). The results of the study indicated that Perceived competitiveness and Perceived risk have a significant impact on Intention to Use Industry 4.0 processes while Perceived vertical networking solutions and Perceived integrated engineering solutions have a significant influence on the Intention to Use Industry 4.0 solutions. In conclusion, there is a positive and significant association between Intention to Use Industry 4.0 solutions and Benefits of Digital Transformation.

scholarly journals Sustainable development and sharing economy: A bibliometric analysis

2021 ◽  
Vol 19 (4) ◽  
pp. 1-19
Author(s):  
Ruihui Pu ◽  
Xiang Li ◽  
Pujiayi Chen
Keyword(s):  
Sustainable Development ◽  
Smart Grids ◽  
Business Models ◽  
Sustainable Consumption ◽  
Sharing Economy ◽  
Research Trend ◽  
Urban Mobility ◽  
Sustainable Business ◽  
Academic Communities ◽  
Sustainable Business Models

Sustainability promotes a feasible strategy to achieve a continuous development of the economy, society, and environment. This study aims to analyze the growing efforts on researches made by academic communities in exploring the sharing economy as a potential approach to promote sustainable development. A bibliometric approach with VOSviewer and COOC analysis was applied. A total number of 975 published articles were analyzed in this study. As a result, it was found that few studies have shed light on collaborative and sustainable consumption, climate change, and bioeconomy in the sharing economy by country, such as renewable resources and business models, circular economy in China, and life cycle assessment, particularly taking evidence from the urban mobility services in China. It was also revealed that there is a new indiscipline research trend in the field of sustainable development such as sustainable business models, game theory, blue economy, peer-to-peer accommodation, smart grids, and electric vehicles. Other trend concentrates on technological advancements and policies to promote sustainable development in the sharing economy.

scholarly journals Digital transformation and new business models as determinants of formation of the economy of nontypical employment

2020 ◽  
Vol 10 (1) ◽  
pp. 33-54
Author(s):  
Anatoliy Kolot ◽  
Oksana Herasymenko
Keyword(s):  
Industry 4.0 ◽  
Business Models ◽  
Digital Transformation ◽  
Systematic Research ◽  
Gig Economy ◽  
The World ◽  
New Business ◽  
A Chain ◽  
Work And Employment ◽  
New Business Models

With the development of the Fourth Industrial Revolution and the formation of a new technological basis – “Industry 4.0” - a dynamic multi-vector transformation of the leading institutes of economy and society takes place, social and labor relations in general and employment in particular acquire new format and content. The quintessence of the article is a scientific-applied substantiation of the construct of nontypical employment economy, scientific argumentation and further development of previous researches of authors regarding determinants of gig-economy formation under the influence of economic and social development “digitalization” and emergence of new business models. that radically change all components of the world of work. New facets of the complex world of work and employment have been revealed and the increase of the newest knowledge in this field has been received under systematic research of a chain of changes: introduction of “Industry 4.0” breakthrough technologies → “digitalization” as a dominant vector of technological innovations → formation of new business models → changes in social division of labor and the content of labor processes → the emergence and intensive development of employment forms immanent to the new (digital) economy. It is substantiated that the main root cause, a kind of “trig- ger” for the emergence and reproduction of the chain of researched changes is digital transformation of the economy and society. The essence of today’s phenomena, which determine the development of the “gig economy”, is revealed. The argumentation of the spread of platform business models and their impact on the world of work and employment is given. A new theoretical construction of a chain of changes, the “output” of which is new forms and, a new platform for social and labor developmen t in general, has been suggested. The research focuses on finding answers to a number of questions posed to every conscious person. Among them are the following ones: Why can’t the modern economy “get along” with traditional (standard) forms of employment? Why does atypicality become not the exception but the norm? How do specific mechanisms and tools for transforming standard forms of employment into new ones, which are immanent to modern conditions of economic and social progress, behave in practice?

Digital economy as a source of social and economic transformations of modern society

2020 ◽  
pp. 73-80
Author(s):  
М.А. Измайлова
Keyword(s):  
Business Models ◽  
Technological Development ◽  
Modern Society ◽  
Digital Transformation ◽  
Young Generation ◽  
Russian Economy ◽  
Economic Transformations ◽  
Main Factor ◽  
Scientific And Technological Development

Цифровая трансформация общества несет в себе огромные возможности для создания новых технологических секторов и бизнес-моделей, экономического роста страны и повышения качества жизни населения. Одновременно с этим предъявляются новые требования к квалификации кадров, включающие умение управлять цифровыми технологиями. Основным актором цифровых преобразований становится молодежь, демонстрирующая свою возрастающую активность в экономической сфере и общественной жизни. На молодое поколение как носителя инновационного потенциала возлагается немало надежд в прорывном научно-технологическом развитии российской экономики. The digital transformation of society brings huge opportunities for creating new technological sectors and business models, economic growth of the country and improving the quality of life of the population. At the same time, there are new requirements for the qualification of personnel, including the ability to manage digital technologies. The main factor of digital transformation is young people, demonstrating their increasing activity in the economic sphere and public life. The young generation as a carrier of innovative potential has a lot of hopes in the breakthrough scientific and technological development of the Russian economy.

scholarly journals FASTEN IIoT: An Open Real-Time Platform for Vertical, Horizontal and End-To-End Integration

Sensors ◽  
2020 ◽  
Vol 20 (19) ◽  
pp. 5499
Author(s):  
Felipe S. Costa ◽  
Silvia M. Nassar ◽  
Sergio Gusmeroli ◽  
Ralph Schultz ◽  
André G. S. Conceição ◽  
...  
Keyword(s):  
Real Time ◽  
Industry 4.0 ◽  
Manufacturing Industry ◽  
Business Models ◽  
Production Systems ◽  
Transformation Process ◽  
Digital Transformation ◽  
Shop Floor ◽  
Decentralized Decision Making ◽  
End To End

The Industry 4.0 paradigm, since its initial conception in Germany in 2011, has extended its scope and adoption to a broader set of technologies. It is being considered as the most vital mechanism in the production systems lifecycle. It is the key element in the digital transformation of manufacturing industry all over the world. This scenario imposes a set of major unprecedented challenges which require to be overcome. In order to enable integration in horizontal, vertical, and end-to-end formats, one of the most critical aspects of this digital transformation process consists of effectively coupling digital integrated service/products business models with additive manufacturing processes. This integration is based upon advanced AI-based tools for decentralized decision-making and for secure and trusted data sharing in the global value. This paper presents the FASTEN IIoT Platform, which targets to provide a flexible, configurable, and open solution. The platform acts as an interface between the shop floor and the industry 4.0 advanced applications and solutions. Examples of these efforts comprise management, forecasting, optimization, and simulation, by harmonizing the heterogeneous characteristics of the data sources involved while meeting real-time requirements.

scholarly journals Empirical Study on Behavioral Intentions of Short-Term Rental Tenants—The Moderating Role of Past Experience

2019 ◽  
Vol 11 (12) ◽  
pp. 3404 ◽  
Author(s):  
Xiaoyi Chen ◽  
Sarah Cheah ◽  
Ao Shen
Keyword(s):  
Perceived Risk ◽  
Behavioral Intentions ◽  
Business Models ◽  
Sustainable Consumption ◽  
Perceived Value ◽  
Sharing Economy ◽  
Value Theory ◽  
Past Experience ◽  
Short Term ◽  
The Relationship

Existing sharing economy (SE) studies tend to focus on the nature of SEs, their business models, and impact. However, there are limited in-depth studies on what motivates consumers’ participation in sustainable SE context, particularly in short-term rentals involving safety risks arising from face-to-face engagement with strangers while consuming the services. Applying the perceived value theory and extended theory of planned behavior, this study examines the relationships among consumers’ perceived value (gain versus loss), past experience, and behavioral intentions in sustainable consumption of short-term rentals offered on smart online matching platforms. Based on a survey of 421 Chinese consumers, our study has demonstrated that social appeal and economic appeal (gains) are positively related to behavioral intentions. Second, we establish that the relationship between perceived risk (loss) and behavioral intentions is inverted U-shaped, enriching the existing literature which has assumed a linear relationship. Finally, our study shows that past experience positively moderates the influence of social appeal on behavioral intentions. This suggests that, compared with consumers having little or no past experience, the positive relationship between social appeal and behavioral intentions is stronger for consumers having much past experience. On the other hand, past experience has no effect on the relationship between economic appeal and behavioral intentions.

Achieving Environmental Sustainability Through Industry 4.0 Tools

2020 ◽  
pp. 37-62
Author(s):  
Barbara Aquilani ◽  
Michela Piccarozzi ◽  
Cecilia Silvestri ◽  
Corrado Gatti
Keyword(s):  
Environmental Sustainability ◽  
Industry 4.0 ◽  
Business Models ◽  
Theoretical Framework ◽  
Industrial Symbiosis ◽  
Digital Platforms ◽  
Italian Case ◽  
Almost All ◽  
Business To Business

Almost all firms are involved in challenges linked to Industry 4.0 that represent a new logic for business models focused on innovation, technology, and sustainability. In this domain, the support and integration of digital innovations is assuming ever greater importance and a key role is played by the so-called “industrial symbiosis.” Looking more in depth at industrial symbiosis literature, which practically developed within the engineering domain, it is clear that most of its particular traits can also be found in management literature when referring to value co-creation, especially in the business to business domain. Given the above, the aim of this work is twofold: to analyze the role of Industry 4.0 digital platforms as a tool for the development of environmental sustainability and to understand how Industry 4.0 as a whole can support the achievement of environmental sustainability goals. The only Italian case will be used to validate the proposed theoretical framework.

scholarly journals Digitalization Business Strategies in Energy Sector: Solving Problems with Uncertainty under Industry 4.0 Conditions

Energies ◽  
2021 ◽  
Vol 14 (23) ◽  
pp. 7997
Author(s):  
Rafał Trzaska ◽  
Adam Sulich ◽  
Michał Organa ◽  
Jerzy Niemczyk ◽  
Bartosz Jasiński
Keyword(s):  
Industry 4.0 ◽  
Business Models ◽  
Reference Method ◽  
Secondary Data ◽  
Energy Sector ◽  
Digital Transformation ◽  
Business Strategies ◽  
Eu Member States ◽  
Model Combining ◽  
Managerial Implications

Digital transformation is a concept based on the use of digitalization and digitization. Digitalization leads to change of business models and provides a competitive advantage also in the energy sector. The process of change towards a digital business requires a specific strategy type, aimed to solve problems with uncertainty caused by Industry 4.0 implementation. This paper aims to propose a theoretical model combining different digitalization strategies and business models. Their theoretical foundations were discussed in the literature review part and related empirical research questions were attempted to be answered by the reference method analysis. The quantitative method of analysis was based on the secondary data from Eurostat for all EU member states and backed the theoretical part in terms of ICT variables. The novelty of this research is based on Hellwig’s reference method used in management sciences and the presented managerial implications. The discussed challenges of the energy sector are related to the digital strategy implementation, relationships between digital transformation and business models, and solutions for such issues as strategy communication and new roles for managers, who should become digital leaders in the energy sector organizations. The main consequence of the proposed model in this study, for the energy sector companies’ managers, is that uncertainty in modern energy sector organizations is more related to employees and their technical skills than implemented ICT itself.

scholarly journals The role and importance of Smart Systems concept in the Industry 4.0

2020 ◽  
Vol 4 (2) ◽  
Author(s):  
Momčilo Amović ◽  
Vladimir Vujović ◽  
Snježana Milinković
Keyword(s):  
Information And Communication Technologies ◽  
Business Models ◽  
18Th Century ◽  
Transformation Process ◽  
Digital Transformation ◽  
Smart Systems ◽  
Information And Communication ◽  
Smart Agriculture ◽  
Almost All ◽  
Industrial Revolutions

From the 18th century, the Industrial Revolutions led to the creation of a base for the development and progress of civilization and business. Different business models that relied on the new trends defined by the industrial revolutions significantly transformed the ecosystems of companies. This resulted in the accelerated development and entrance into the digital age, followed by the digitization of the environment and establishing a new system of values. Information and communication technologies are the backbone of the development and mapping of the physical domain into cyber-physical, leading to the emergence of new processes, knowledge, and skills that have been established in the context of Digital Transformation and the digital era. The key part of Digital transformation process is the Smart Systems concept, which is present in almost all industries and domains. Smart Agriculture is one of the most common applications of Smart Systems solutions. It aims to answer important questions regarding food production while, at the same time, taking care of the preservation of the environment, the health of the population and global development. In this paper, the key concepts of the digital transformation and smart systems are presented. In addition, the design and development of the GoGrow, commercial solution for smart agriculture is described.

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