The paper proposes a systematic literature review emphasising scholars’ view on the role of IoT in shaping and developing business models of companies. Providing a deep understanding of the state of ...the art, the paper drafts implications and valuable insights to address future research. A two-decade study of the connection of Internet of Things and business models has been investigated using Scopus and ISI web of science databases as leading sources to get access to the articles. The diffusion of Internet of things needs to be investigated along its implications for corporate business models, such as modifications in the production process, interaction with customers and in the identification of the corporate building blocks. This study provides for the first time a systematic connection among IoT and Business models towards the lens of business, management and accounting field, providing valuable implications, insights and emerging issues.
The financial and economic crisis made visible the level of readiness to changes in the different types of organizations throughout the world and Russia. The variation of social and economic programs ...implemented by governmental and corporate sectors is widely seen; not all of them work positively for population, especially in the emerging markets countries. In the same time 20 years of the market economy in Russia, for instance, have definitely built a new social and economic system; but has Russia changed fundamentally in the management techniques? The presented paper generalizes some trends of the corporate development in Russia in the context of social responsibility and socio-economic transformation. The author attempts to define the place of Russia on the world map of corporate social responsibility.
During the past decades cities may have finally shaped the demand for “smart” and sustainable innovations calling for deep stakeholders' integration and engagement within Smart City Projects (SCPs). ...In this context, Universities are often involved with different tasks, but their stakeholder engagement and integrator role is still unclear. This paper aims to fulfill this gap on the role of Universities in SCPs utilising bottom-up collected quantitative and qualitative data. We found positive trend in University integrator role applying a mixed two-step methodology based on online survey of University students and interviews with decision-making stakeholders involved in SCPs (business, state, entrepreneurs and academia) in Italy and Russia. Our findings suggest significant new insights useful to reapply the mediating role of Universities and to highlight some newly arising opportunities in stakeholder engagement. At the same time, we propose related practical implications in the field of entrepreneurship and innovation defining further directions under the lens of multistakeholder management.
Strategic agility is a fuzzy concept that may be counter intuitive as well as confounding to some scholars in terms of the agile strategies' contextual issues. At the same time, the need to be agile ...is crucial for firms, especially for Multinational Enterprises (MNEs) that operate in culturally different host countries. Thus, a deep understanding of strategic agility is very intriguing for both academics and executives, as several gaps are apparent in the extant literature. In this paper, we review mainstream studies on agility in the international business context, discussing its relevance and proposing main aspects of strategic agility to clarify further this indistinct concept. Moreover, we provide a novel conceptual framework based on the integration of agility in different operational areas (e.g. Information Technology, supply chain and production) that organizations should foster to become an “agile multinational”. Our synthesis represents an innovative strategic direction for MNEs to understand better strategic agility, which clearly extends the concept of flexibility, while managing stakeholder relationships in order to develop key dynamic capabilities. Finally, we also discuss the main contributions of the other articles included in this special issue, thus providing specific examples of agility in well debated IB contexts (e.g., emerging markets). We also suggest some future research areas for this complex and ambiguous concept.
Despite the rapid progress of the global economy and technology's key role, severe environmental and ecological challenges must be given proper attention to advance sustainable development. This ...paper uses the autoregressive distributed lag method on 40 years of data to investigate the impact of technological innovation on China's sustainable development and determine the channels through which technological innovation contributes to sustainable development. Our empirical results demonstrate that technological innovation is an important driver in promoting sustainable development, revealing that innovation adds to economic growth without harmful effects on the environment. The results also indicate that financial development significantly adds to China's sustainable development through carbon dioxide (CO2) emissions reduction, and economic growth further triggers the sustainability process by reducing CO2 emissions. The findings of this paper enhance existing theories and contribute to the progress of sustainable development in China, the novel results outlining industry development drivers could potentially be used for developing global innovation policies integration.
•We examine the effects of technological innovation on China's sustainable development.•We determine the channels through which technological innovation influences sustainability.•The results reveal that technological innovation has a positive impact on sustainability.•Technological innovation is correlated with raising economic growth and lowering environmental pollution.•Financial development advances sustainability by reducing environmental pollution.
PurposeThe presented study pinpoints transformation of business models of small and medium enterprises (SMEs) in the food and beverage sector depending on their sustainability strategy. This paper ...makes a novel contribution to understanding various instruments of sustainability implementation in SMEs’ business models operating in the food and beverage industry of well-developed Western European countries versus less-developed Central–Eastern European countries.Design/methodology/approachThe empirical basis is a survey of 770 European SMEs, of which 369 operate in Western European countries (including Great Britain, Germany and Spain) and 401 in Central and Eastern Europe (including Poland, Croatia and Russia). The nonparametric U Mann–Whitney test was used to examine the significance of the differences between the two groups of companies.FindingsThe study empirically confirmed that despite self-declared lack of skills and knowledge in managerial impacts of sustainability, it shapes business models of SME in both country groups in food and drink industry. At the same time, the motivation grounds for business models transformation toward sustainable models vary between mostly economic factors in Eastern Europe and social and cultural factors in Western Europe. The economic factor is formed due to smaller integration into social investments at the SME-level Eastern European countries, while Western European SMEs invest more in a variety of sustainability supporting instruments (R&D, new equipment).Originality/valueThis comparative study is the novel empirical research study on the implementation of sustainability into business models of food and beverage SMEs operating in two groups of Western and Central–Eastern European countries, which has not been previously observed in such a setting.
PurposeThis is one of the first empirical studies aimed at analyzing the interrelation between creative partnerships (CPs), absorptive (AC), knowledge application (KA) capacities and innovation ...performance in food companies.Design/methodology/approachWe tested this on a sample of 112 Italian medium-sized food firms that established CPs through a partial least square (PLS) structural equation model (SEM) approach.FindingsResults are in favor of an important role of CPs in the innovation process of food firms analyzed only if combined with the development of the two internal capacities investigated (AC and KA).Research limitations/implicationsImplications are provided in order to stimulate new and more forms of collaboration between CIs and food firms as well as more empirical studies on this topic.Originality/valueFew studies in food companies keep into account the role of internal capacities that firms have to build with the aim of acquiring external knowledge through partnerships, in particular in the specific context of CPs. These specific kinds of partnerships are becoming increasingly important because they provide key nonoverlapping knowledge and propose new creative methods, ways and answers that differentiate the innovation process of food firms.
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