Analyzing AgriFood-Tech e-Business Models

Vlachopoulou, Maro; Ziakis, Christos; Vergidis, Kostas; Madas, Michael A.

doi:10.3390/su13105516

Cited by 30 publications

(26 citation statements)

References 28 publications

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“…Similarly, we have undertaken the integration of the core values of the GABV model, which express sustainability considerations, by creating additional blocks within the original BMC. In some of these articles, as in ours, the possibility of applying triple-layered BMC was also mentioned as a promising future research direction [89][90][91]. There are other business modelling methods that could be used, from a sustainability point of view, especially the Ecocanvas, the circular business model or the triple layered BMC.…”

Section: Limitations and Further Research Directionsmentioning

confidence: 83%

“…As aforementioned, the BMC has not been used much as a framework for analysing values-based banks' practice; however, it has been used for sustainability analysis in, for example, the agribusiness sector [89], the energy sector [90] and the olive oil sector [91]. Donner and Radic's [91] study of sustainability issues in the olive sector describes how "within their Business Canvas Models, the circular bioeconomy principles' 'closing loops' and 'cascades' are principally reflected in the enterprises' key activities (collecting and re-or upcycling organic waste), key resources (using olive waste and by-products as main resources), key partners (collaborating with partners from the olive chain but also other sectors), and new value propositions (offering multiple and diversified products and services based on waste streams)" [91] (p. 14).…”

Section: Limitations and Further Research Directionsmentioning

confidence: 99%

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Business Model and Principles of a Values-Based Bank—Case Study of MagNet Hungarian Community Bank

2021

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The 2020–2021 global pandemic has brought significant changes to social and economic life. Companies must begin to rethink their business models and values to meet these new challenges. Given the process of intermediation, which has an indirect and catalytic impact, banks have a responsibility and opportunity to transform the economy by, for example, lending to projects that encourage decarbonization and/or green energy. The purpose of this paper is to examine the MagNet Hungarian Community Bank’s approach as a values-based bank in order to compare how the operation of the bank differs from that of traditional ones—even if these apply the Corporate Social Responsibility approach. The findings of an exploratory study of MagNet’s responsible and sustainable way of doing business can help other sectors and companies cope with the global crisis and be a part of the transition to an inclusive, fair, and decarbonised economy. The data for this study were collected using semi-structured interviews with eleven bankers and three customers of MagNet Bank in 2019, as well as bank documents. Using this information, we created a business model for the bank, using the Business Model Canvas method. Within the business model we highlighted how MagNet Bank integrates principles of the Global Alliance for Banking on Values, with the aim of truly integrating sustainability into the core of their corporate genetic makeup, instead of as a partial or insincere measure. With the projection of the models onto each other, we emphasize the role of values in the business model. The combination of the models indicates potential learning points for the further development and long-term success of the bank and serves as an example of good practices for others. This is especially relevant when considering the greater need for improved crisis and risk management due to the pandemic and for the integration of sustainability considerations into business operations which have increased the impetus in the financial sector towards sustainability.

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Section: Limitations and Further Research Directionsmentioning

confidence: 83%

Section: Limitations and Further Research Directionsmentioning

confidence: 99%

Business Model and Principles of a Values-Based Bank—Case Study of MagNet Hungarian Community Bank

2021

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“…The integration of IoT and AI was evident in developing the first soft robot by researchers from Harvard University working in collaboration with Defense Advanced Research Projects Agency (DARPA) [ 33 ]. Drawing from past trends, future advances in soft robotics, swarm robotics, and biomimetic innovations, in general, would be predicted by developments in IoT and cloud computing, data storage, and big data, as illustrated in Figure 3 [ 81 ]. Beyond the disruptive technology, consumer attitudes and the ability to rapidly deploy the innovations would predict the rate at which soft robotic grippers replaced handpicking and mechanical harvesters.…”

Section: Biomimetic Innovations and Climate-smart Agriculturementioning

confidence: 99%

Bio-Inspired Robots and Structures toward Fostering the Modernization of Agriculture

et al. 2022

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Biomimetics is the interdisciplinary cooperation of biology and technology that offers solutions to practical problems by analyzing biological systems and transferring their principles into applications. This review article focused on biomimetic innovations, including bio-inspired soft robots and swarm robots that could serve multiple functions, including the harvesting of fruits, pest control, and crop management. The research demonstrated commercially available biomimetic innovations, including robot bees by Arugga AI Farming and the Robotriks Traction Unit (RTU) precision farming equipment. Additionally, soft robotic systems have made it possible to mitigate the risk of surface bruises, rupture, the crushing destruction of plant tissue, and plastic deformation in the harvesting of fruits with a soft rind such as apples, cherries, pears, stone fruits, kiwifruit, mandarins, cucumbers, peaches, and pome. Even though the smart farming technologies, which were developed to mimic nature, could help prevent climate change and enhance the intensification of agriculture, there are concerns about long-term ecological impact, cost, and their inability to complement natural processes such as pollination. Despite the problems, the market for bio-inspired technologies with potential agricultural applications to modernize farming and solve the abovementioned challenges has increased exponentially. Future research and development should lead to low-cost FEA robotic grippers and FEA-tendon-driven grippers for crop harvesting. In brief, soft robots and swarm robotics have immense potential in agriculture.

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“…Based on research on five Agri-food-Tech ebusiness models, which were analyzed based on the Business Model Canvas to identify interacting components that create and deliver value, suggest future innovative business models [12]. The business model is based on digital technology as a sustainable and scalable resource in the Agri-food sector and is expected to encourage interaction between costumers and producers.…”

Section: Create a Business Model Based On The Processing Of Coffee Hu...mentioning

confidence: 99%

“…Based on the identification of the main needs for digital-based businesses, it is necessary to create the BMC Analysis of the AgriFood-Tech Model [12] with the following explanation.…”

Section: Mapping For Positioning Productsmentioning

confidence: 99%

Business Model Based on Coffee Husk Bioconversion by Black Soldier Fly (Hermetia Illucens) and Agroforestry System in Bandung Regency, West Java

Noerhatini¹,

Hakim²,

Setiawati³

et al. 2022

Proceedings of the International Conference on Economics, Management and Accounting (ICEMAC 2021)

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Planting coffee under forest stands in an agroforestry system by members of the Forest-Village Non-government Organization (FVNGO) is one of the techniques for forest maintenance in Bandung Regency, West Java. Because they are unfamiliar with the husk's bioconversion, coffee husk waste from the early processing of coffee cherries is frequently thrown away or not used economically. The Covid-19 pandemic affected coffee fruit prices too. As a result, we empower coffee farmers by using Black Soldier Fly (Hermetia illucens/BSF) to the bioconvert coffee husk. Large amounts of coffee husk in one community of coffee farmers will encourage the creation of a business because the results of bioconversion by BSF produce solid and liquid organic fertilizers, magot for chicken feed, and chicken manure can be used for fertilizing coffee plantations and BSF feed. The research aims to develop a business model based on this bioconvert. The research was carried out in three stages: the agroforestry system's socialization based on feeding coffee waste by BSF, product development, and commercial activities. This research showed that BSF's bioconversion technology creates a business of coffee and bioconversion products. Based on BMC's analysis, the business models that are following the bioconversion are direct selling and digital platforms.

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Analyzing AgriFood-Tech e-Business Models

Cited by 30 publications

References 28 publications

Business Model and Principles of a Values-Based Bank—Case Study of MagNet Hungarian Community Bank

Business Model and Principles of a Values-Based Bank—Case Study of MagNet Hungarian Community Bank

Bio-Inspired Robots and Structures toward Fostering the Modernization of Agriculture

Business Model Based on Coffee Husk Bioconversion by Black Soldier Fly (Hermetia Illucens) and Agroforestry System in Bandung Regency, West Java

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