Advertisement

New Economy Business Models in the Concepts of Big Data, the Sharing Economy and the Circular Economy

  • Adam JabłońskiEmail author
  • Marek Jabłoński
Chapter

Abstract

In the current economy, the ontological entity necessary for a market victory is the effective and efficient company business model. This model should be particularly capable of dynamic monetization. The logic of generating income from the business model must be preceded by embedding it in a given economic perspective. This determines the appropriate monetization mechanism resulting from this perspective. This chapter describes, among other things, the perspective of using the Big Data concept in the conceptualization and operationalization of business models. The assumptions for the use of the sharing economy in business models have been defined together with the reference, in the scientific discussion, to social factors that materialize them. Attention has been paid to the aspects of learning in building community networks which create digital business models. The mechanisms of using circular business models have been described and assumptions for the construction of robust business models in the circular economy have been determined.

Keywords

Big Data Sharing economy Circular economy 

References

  1. Accenture Strategy, Circular Advantage Innovative Business Models and Technologies to Create Value in a World without Limits to Growth. Retrieved from https://www.accenture.com/t20150523T053139Z__w__/usen/_acnmedia/Accenture/Conversion-Assets/DotCom/Documents/Global/PDF/Strategy_6/Accenture-Circular-Advantage-Innovative-Business-Models-Technologies-Value-Growth.pdf.
  2. Acquiera, A., Daudigeosb, T., & Pinksec, J. (2017). Promises and Paradoxes of the Sharing Economy: An Organizing Framework. Technological Forecasting & Social Change, 125, 1–10.CrossRefGoogle Scholar
  3. Akubue, A. (2000). Appropriate Technology for Socioeconomic Development in Third World Countries. Journal of Technology Studies, 26(1), 33–43.CrossRefGoogle Scholar
  4. Anticainen, M., Uusitalo, T., & Kivikyto-Reponen, P. (2018). Digitalisation as an Enabler of Circular Economy. Procedia CIRP, 73, 45–49.CrossRefGoogle Scholar
  5. Belk, R. (2014). You are What You can Access: Sharing and Collaborative Consumption Online. Journal of Business Research, 67(8), 1595–1600.CrossRefGoogle Scholar
  6. Benkler, Y. (2004). Sharing Nicely: On Shareable Goods and the Emergence of Sharing as a Modality of Economic Production. Yale Law Journal, 114, 273–358.CrossRefGoogle Scholar
  7. Beulque, R., & Aggeri, F. (2016). Circular Business Model Innovation: Key Patterns and Challenges to Unleash Recycling Value Creation Potential. EGOS, July, Naples, Italy. <halshs-01290810.Google Scholar
  8. Botsman, R. (2013). The Sharing Economy Lacks a Shared Definition. Fast Company.Google Scholar
  9. Bressanelli, G., Adrodegari, F., Perona, M., & Saccani, N. (2018). The Role of Digital Technologies to Overcome Circular Economy Challenges in PSS Business Models: And Exploratory Case Study. Procedia CIRP, 73, 216–221.CrossRefGoogle Scholar
  10. Brock, V., & Khan, H. U. (2017). Big Data Analytics: How Does Organizational Factor Matters Impact Technology Acceptance? Journal of Big Data, 4, 1–7.CrossRefGoogle Scholar
  11. Circles of Sustainability. (2011). Circles of Sustainability—The Cities Programme. Retrieved April 26, 2015, from http://citiespro.pmhclients.com/images/uploads/Indicators_-_Briefing_Paper.pdf.
  12. Cockayne, D. G. (2016). Sharing and Neoliberal Discourse: The Economic Function of Sharing in the Digital On-demand Economy. Geoforum, 77, 73–82.CrossRefGoogle Scholar
  13. Cohen, B., & Muñoz P. (2017). Sharing Business Model Compass. Retrieved June 7, 2017, from https://ladiaria.com.uy/articulo/2017/4/un-modelo-para-entender-la-economia-colaborativa/#.
  14. Daunoriene, A., Draksaite, A., Snieska, V., & Valodkiene, G. (2015). Evaluating Sustainability of Sharing Economy Business Models, 20th International Scientific Conference Economics and Management—2015 (ICEM-2015). Procedia—Social and Behavioral Sciences, 213, 836–841.Google Scholar
  15. de Pádua Pieroni, M., Pigosso, D. C. A., & McAloone, T. C. (2018). Sustainable Qualifying Criteria for Designing Circular Business Models. Procedia CIRP, 69, 799–804.CrossRefGoogle Scholar
  16. Eckhardt, G. M., & Bardhi, F. (2016). The Relationship between Access Practices and Economic Systems. Journal of Consumer Research, 1(2), 210–225.Google Scholar
  17. EMF. (2015). Towards a Circular Economy—Business Rationale for an Accelerated Transition. Ellen MacArthur Foundation (EMF).Google Scholar
  18. Frenken, K., & Schor, J. (2017). Putting the Sharing Economy into Perspective. Environmental Innovation and Societal Transitions, 23, 3–10.CrossRefGoogle Scholar
  19. Geissdoerfer, M., Naomi, M. S., Monteiro de Carvalho, M., & Evans, S. (2018). Business Models and Supply Chains for the Circular Economy. Journal of Cleaner Production, 190, 712–721.CrossRefGoogle Scholar
  20. Geng, Y., & Doberstein, B. (2008). Developing the Circular Economy in China: Challenges and Opportunities for Achieving ‘Leapfrog Development’. International Journal of Sustainable Development & World Ecology, 15, 231–239.CrossRefGoogle Scholar
  21. Guinée J.B. 2002. Handbook on Life Cycle Assessment: Operational Guide to the ISO Standards. In Book Review: The Second Dutch LCA-Guide. Dordrecht, The Netherlands: Springer Science+Business Media B.V.Google Scholar
  22. Habibi, M. R., Davidson, A., & Laroche, M. (2017). What Managers Should Know about the Sharing Economy. Business Horizons, 60(1), 113–121.CrossRefGoogle Scholar
  23. Hollander, M., & Bakker, C. (2016). Mind the Gap Exploiter: Circular Business Models for Product Lifetime Extension. In Proceedings of the Electronics Goes Green, Berlin, Germany, 6–9 September.Google Scholar
  24. Jabłoński, A., & Jabłoński, M. (2013). Projektowanie sieciowych modeli biznesu [Designing Networked Business Models]. Ekonomika i Organizacja Przedsiębiorstwa, 12(767), 29–39.Google Scholar
  25. Jabłoński, M. (2018). Applying the Scenario Approach to the Design of Business Models in Creative Industries. In A. Jabłoński (Ed.), Sustainability and Scalability of Business Theory and Practice. New York: Nova Publishers Inc.Google Scholar
  26. James, P., Magee, L., Scerri, A., & Steger, M. B. (2015). Urban Sustainability in Theory and Practice: Circles of Sustainability. London: Routledge.Google Scholar
  27. Kumar, V., Lahiri, A., & Bahadir Dogan, O. (2018). A Strategic Framework for a Profitable Business Model in the Sharing Economy. Industrial Marketing Management, 69, 147–160.CrossRefGoogle Scholar
  28. Laubscher, M., & Marinelli, T. (2014). Integration of Circular Economy in Business. In Proceedings of the Conference: Going Green—Care Innovation 2014, Vienna, Austria, 17–20 November.Google Scholar
  29. Lessig, L. (2008). Remix: Making Art and Commerce Thrive in the Hybrid Economy. London: Penguin.CrossRefGoogle Scholar
  30. Levy, J. (2017). Strategia UX, jak tworzyć innowacyjne produkty cyfrowe, które spotkają się z uznaniem na rynku [UX Strategy: How to Devise Innovative Digital Products that People Want]. Gliwice: Helion S.A.Google Scholar
  31. Linder, M., & Williander, M. (2017). Circular Business Model Innovation: Inherent Uncertainties. Business Strategy and the Environment, 26(2), 182–196.Google Scholar
  32. Magalhaes, G., Roseira, C., & Manley, L. (2014). Business Models for Open Government Data. Conference Paper, ICEGOV.  https://doi.org/10.1145/2691195.2691273.
  33. Manninen, K., Koskela, S., Antikainen, R., Bocken, N., Dahlbo, H., & Aminoff, A. (2018). Do Circular Economy Business Models Capture Intended Environmental Value Propositions? Journal of Cleaner Production, 171, 413–422.CrossRefGoogle Scholar
  34. McKenzie, S. (2004). Social Sustainability: Towards Some Definitions. Magill: Hawke Research Institute, University of South Australia.Google Scholar
  35. Nogalski, B., Szpitter, A., & Jabłoński, M. (2016). Zarządzanie projektami w kształtowaniu elastycznych modeli biznesu operatorów systemu dystrybucyjnego [Project Management in Shaping Flexible Business Models of Distribution System Operators]. Gdańsk: Wydawnictwo Uniwersytetu Gdańskiego.Google Scholar
  36. Nußholz, J. L. K. (2017). Circular Business Models: Defining a Concept and Framing an Emerging Research Field. Sustainability, 9, 1810.  https://doi.org/10.3390/su9101810.CrossRefGoogle Scholar
  37. Omann, I., & Spangenberg, J. H. (2002). Assessing Social Sustainability. Biennial Conference of the International Society for Ecological Economics.Google Scholar
  38. Palo, T., & Tähtinen, J. (2013). Networked Business Model Development for Emerging Technology-based Services. Industrial Marketing Management, 42(5), 773–782.CrossRefGoogle Scholar
  39. Papińska-Kacperek, J., & Polańska, K. (2015a). Analiza zaawansowania realizacji idei Open Government Data, w wybranych krajach [Analysis of the Advancement of the Implementation of the Open Government Data Idea in Selected Countries]. Journals of the University of Szczecin, Studia Informatica, 37, 103–114.Google Scholar
  40. Papińska-Kacperek, J., & Polańska, K. (2015b). Inicjatywy Open Government Data [Open Government Data Initiatives]. Roczniki Kolegium Analiz Ekonomicznych/Szkoła Główna Handlowa [the Collegium of Economic Analysis Annals/Warsaw school of Economics], 38, 191–202.Google Scholar
  41. Roos, G. (2014). Business Model Innovation to Create and Capture Resource Value in Future Circular Material Chains. Resources, 3(1), 248–274.CrossRefGoogle Scholar
  42. Sauvé, S., Bernard, S., & Sloan, P. (2016). Environmental Sciences, Sustainable Development and Circular Economy: Alternative Concepts for Trans-disciplinary Research. Environmental Development, 17, 48–56.CrossRefGoogle Scholar
  43. Schor, J. (2013). Debating the Sharing Economy. In Great Transition Initiative.Google Scholar
  44. Stephany, A. (2015). The Business of Sharing—Making it in the New Sharing Economy. New York: Palgrave Macmillan.Google Scholar
  45. Teece, D. J. (2010). Business Models, Business Strategy and Innovation. Long Range Planning, 43(2), 172–194.CrossRefGoogle Scholar
  46. Vergragt, P. J. (2006). How Technology Could Contribute to a Sustainable World. GTI Paper Series, 28.Google Scholar

Copyright information

© The Author(s) 2020

Authors and Affiliations

  1. 1.WSB University in PoznańPoznańPoland

Personalised recommendations