Purpose – The purpose of this paper is to analyse vertical integration in the rail sector using a combination of transaction cost economics (TCE), the resource-based view (RBV) and the relational view, through which rail wagons are viewed as “relationship specific assets”....

The purpose of this paper is to present possible ways how could a company maintain or even gain its competitive advantage in high dynamic business environment from a per-spective of business models. After a short introduction on evolution of innovation, this paper is divided in three parts. In...

Nowadays, a growing number of companiesis focusing on cost optimisation and lowering labour expenses. In this climate, companies are turning to talented and educated individuals who are ready to participate in their projects. Whether it is for profit or non-profit purposes, or it is done by...

Jamendo is a website for the legal, free downloading of music. This platform of “free” online music, the biggest in the world, operates on the basis of Creative Commons licences. The survey presented here was carried out on a sample of 767 artists (solo musicians or groups) who are members...

Social Networking has become a new buzzword in day to day life of youngsters and gained immense popularity during the past few years. Many network sites such as Facebook and MySpace are claiming to have millions of members and the membership is increasing day by day. The paper aims to understand...

This paper investigates how a corporation effectively used local staff in order to realize its business model in its expansion into an emerging market and to obtain a competitive advantage. The case study is of Heiwado, a retailer with the majority of its stores in Shiga prefecture, and its...

The purpose of this study is to examine how businesses confront lack of market institutions when entering an emerging market and building and implementing a business model to realize a corporate business strategy, in addition to how those businesses respond to the lack and establish competitive...

Purpose The purpose of this paper is to investigate the definitions, dimensions, and classifications of online communities together with their potential to produce value for business. Those value options are then discussed in the context of empirical vignettes showing examples of business models...

Purpose The purpose of this paper is to analyze how strategic renewal occurs in large incumbent newspaper companies facing a specific context of environment scarcity (i.e. environmental dissolution (the market gradually changing in size and scope)). Within the media industry, the Kingdom of...

Purpose – The financial crisis that started in 2007 has led to a re‐thinking of financial regulation and supervision. One major lesson of the crisis is that supervisors should be “asking the big questions” (FSA). These are typically questions that are difficult to address, as they...