A dynamic, network and resource-based approach to the sustainable business model

Ujwary-Gil, Anna; Potoczek, Natalia

doi:10.1007/s12525-020-00431-6

Cited by 16 publications

(11 citation statements)

References 55 publications

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“…Each group of the above-presented factors is essential for business success, and their components are interdependent. We need to look at the interactions and interdependencies of their components in a dynamic and network form, e.g., as presented by Ujwary and Potoczek (2020), Lombardi Netto et al (2020), or Greda (2009. Each company is different and is dependent on many factors that differentiate them: talented people (leaders and employees), its organizational, financial, technical and technological, environmental, social, political, and other components.…”

Section: Discussionmentioning

confidence: 99%

Business innovation and critical success factors in the era of digital transformation and turbulent times

Florek-Paszkowska¹,

Ujwary-Gil²,

Godlewska-Dzioboń³

2021

JEMI

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PURPOSE: Explore what entrepreneurship and success factors can help drive business to resilience and stability and achieve competitive advantage through innovation in different countries and business realities in the era of digital transformation and turbulent times. METHODOLOGY: Based on the narrative literature review, we present research findings concerning new strategies and outlooks for business innovation in times of many unknowns. Each organization wants to find its way to gain success and create its unique business model, which can capture value creation and innovativeness and be more adaptive, resilient, and stable in critical moments and sustainable over time. FINDINGS: The articles presented in this issue explore the essential factors of business innovation and success in different organizations and the environments in which these businesses function. IMPLICATIONS FOR THEORY AND PRACTICE: This article synthesizes the presented research field’s importance and relevance, connecting its theoretical background with practical research. Recommendations and implications for future trends of this research stream might also be helpful for professionals and academicians. ORIGINALITY AND VALUE: The novel studies presented in this issue were done in five different (developing and developed) countries and business sectors that present human-based and non-human-based factors as crucial factors needed to empower business transformation in a complex world. Each group of elements is essential in business success, and their components are interdependent. We need to look at the interactions and interdependencies of their components in a dynamic and network form and cannot simplify the reality, focusing only on one group of business components and ignoring the other. These unique studies provide a valuable outlook to establish dynamic, adaptive business pathways towards a sustainable and resilient organizational future and propose future research paths needed to execute structural changes in businesses.

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Section: Discussionmentioning

confidence: 99%

Business innovation and critical success factors in the era of digital transformation and turbulent times

Florek-Paszkowska¹,

Ujwary-Gil²,

Godlewska-Dzioboń³

2021

JEMI

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“…From papers studying dynamic changes in technological contexts, we infer the need to integrate timing in studying changes to BMs and their components in processes of adaptation for innovation or venture improvement. (Ujwary‐Gil & Potoczek, 2020). Evolution of the subject.…”

Section: Thematic Findingsmentioning

confidence: 99%

Towards a holistic framework for sustainable value analysis in business models: A tool for sustainable development

2021

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This article analyzes how the concept of sustainable value is used in the business model literature to understand and structure the concepts used in analyzing the value creation process in business models to date. We found that in discussing sustainable business models, sustainable value, a term encompassing the environmental, social, and economic benefits of a given model, has been used in place of the conventional term, value. However, the conceptual implications of this substitution have not been sufficiently addressed. A systematic literature review reveals both positive and negative perspectives of value as well as the misuse of several multilevel value concepts.We categorize these concepts according to their meaning, differences, similarities, and implications. As a result, we propose a holistic framework that structures them, integrates both positive and negative perspectives of value, and proposes an activitybased analysis for sustainable value in business models. The contributions of this paper are twofold: theoretically, it structures value concepts in order to better understand the sustainable value process in business models, and practically, it offers a tool for sustainable development by providing a framework to analyze sustainable value in a variety of business models as a basis for improvement in sustainability.

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“…Moreover, TCE is often criticized for being static. However, when integrated with the assumptions of the resource-based view of the firm (RBV), it can also capture dynamics and heterogeneity of capabilities (Penrose, 1959;Barney, 1991;Teece, 2007;Ujwary-Gil, 2017;Ujwary-Gil & Potoczek, 2020;Reissova, Šimsova, Sonntag & Kučerova, 2020). TCE and RBV propose alternative assumptions as to motives of economic agents, rationales for the existence of firms, as well as modes and mechanisms of governance (Gancarczyk, 2017).…”

Section: Theory Of the Firm As The Entrepreneurship Theorymentioning

confidence: 99%

Entrepreneurial cognition or judgment: The management and economics approaches to the entrepreneur's choices

Gancarczyk¹,

Ujwary-Gil²

2021

JEMI

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Purpose: The explanation of entrepreneurial choices is relevant for efficient resource allocation and wealth of individuals and societies. The economics and management studies in entrepreneurship present both complementary and alternative views on the antecedents of entrepreneurial decisions and actions. This paper aims to synthesize this discussion, propose the processual and configurational approach that bridges the extant views, as well as to present the contribution of the papers in this issue to exploring the link between entrepreneurial cognition and choices. Methodology: Based on the narrative literature review, we present the major constructs describing how entrepreneurs make judgments under uncertainty and select particular decisions and actions. Then, we suggest how these differing assumptions can be adopted within processual view, as well as based on the configurational approach to judgments and actions of entrepreneurs. Findings: The research included in this issue treats the concepts of entrepreneurial discovery and creation as complementary rather than alternative. Moreover, the referred studies acknowledge the role of capabilities, personal traits and entrepreneurial cognition in enterprise performance and intentions to run a business. Additional value of this issue is a broad picture of the context and related contingencies, such as geographical location, industrial and firm idiosyncrasies, as well as economic development and social awareness levels in particular locations. Implications for theory and practice: This paper synthesizes the extant discussion on the antecedents of entrepreneurial choices, and proposes processual and configurational approaches to bridge theoretical perspectives in this research field. Originality and value: We contribute to the literature on entrepreneurial choices by proposing the conceptual links between judgments and behaviors in economics and management studies, and by highlighting how the research in this thematic issue explains the referred links.

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A dynamic, network and resource-based approach to the sustainable business model

Cited by 16 publications

References 55 publications

Business innovation and critical success factors in the era of digital transformation and turbulent times

Business innovation and critical success factors in the era of digital transformation and turbulent times

Towards a holistic framework for sustainable value analysis in business models: A tool for sustainable development

Entrepreneurial cognition or judgment: The management and economics approaches to the entrepreneur's choices

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