Smart cities have attracted an increasing international scientific and business attention and an enormous niche market is being evolved, which engages almost all the business sectors. Being engaged in the smart city market is not free-of-charge and corresponding investments are extensive, while...

Anderson, K., Nelgen, S., 2011. Global Wine Markets, 1961 to 2009: A Statistical Compendium. University of Adelaide Press, Adelaide publication of an index of revealed comparative advantage suggests that the Australian wine industry had come under increased competition from other "New world"...

The concept of the business model has garnered the attention of business administration researchers and professionals for over 50 years, and especially since the last decade of the 20th century, as a result of the appearance and widespread use of the internet in business. Despite the large...

Radio Frequency Identification (RFID) has the potential to revolutionize the retail industry, yet the linking of this automatic identification (auto-ID) technology to consumer goods has resulted in widespread concern over the potential privacy threats, primarily due to the aspect of traceability...

Digitization not only makes it possible to expand existing business models with digital service functions, digitization also enables completely new business models. The digital technologies can be existential for a business model or support you in achieving a new cost / benefit ratio through an...

It is widely accepted that somewhere in the region of 90-95% of startups fail. It is often suggested that the majority of unsuccessful startups either failed to identify a viable idea, or they failed to execute the idea effectively enough to get to market before running out of cash. Two...

Purpose The aim of this paper is to review and synthesise the recent advancements in the business model literature and explore how firms approach business model innovation. Design/methodology/approach A systematic review of business model innovation literature was carried out by analysing 219...

The paper's objective is to investigate the impact of value proposition co-creation on international customer satisfaction in the airsoft industry. This empirical paper aims at answering a question "Which factors influence satisfaction of the international customers involved in the process of...

Over the past years, businesses have had to tackle the issues caused by numerous forces from political, technological and societal environment. The changes in the global market and increasing uncertainty require us to focus on disruptive innovations and to investigate this phenomenon from...