AN OVERVIEW OF BUSINESS MODELS IN THE CZECH CHEMICAL INDUSTRY

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F18%3APU139772" target="_blank" >RIV/00216305:26510/18:PU139772 - isvavai.cz</a>

Výsledek na webu

<a href="https://imes.vse.cz/wp-content/uploads/2018/07/Conference_Proceedings_IMES_2018.pdf" target="_blank" >https://imes.vse.cz/wp-content/uploads/2018/07/Conference_Proceedings_IMES_2018.pdf</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

AN OVERVIEW OF BUSINESS MODELS IN THE CZECH CHEMICAL INDUSTRY

Popis výsledku v původním jazyce

Purpose: The paper's objective is to provide an overview of the utilized business models in the Czech chemical industry, more specifically section 20.1 according to CZ NACE. The aims of the underlying research are to provide a methodology to study an industry through the scope of its business models and utilize it on a specific industry to identify novel business models. Specifically, the research was conducted to identify the specific elements (or features) of novel business models based on sustainable multiple customer value creation within the context of the chosen industry. Design/methodology/approach: The methodology is based on the work of different authors. Based on their methodologies and research a questionnaire was developed to fit the specific goal. The questionnaire's relevance was tested during semi-structured interviews with 2 directors from 2 different companies belonging in the sample. The sample consists of all 38 companies belonging to section 20.1 CZ NACE. The questionnaire was primarily targeted to commercial directors or production directors. It consisted of 32 questions regarding selected elements of their company's business model. These elements were later used to provide an overview of the business models for the selected industry. Findings: Within such a capital-intensive industry under the spotlight of many external audits and under heavy legislation, following the issued legislation becomes a competitive advantage. The majority and minority business model constructs state the business model elements utilized by most of companies and vice versa. In effect the legislation and constant audits pushes companies towards more industrial safety and meeting environmental customer expectation while social expectations are being met by a smaller number of companies. Research/practical implications: The majority and minority business model constructs provide an overview of the current trends in the selected industry. Due to the narrow orientation o

Název v anglickém jazyce

AN OVERVIEW OF BUSINESS MODELS IN THE CZECH CHEMICAL INDUSTRY

Popis výsledku anglicky

Purpose: The paper's objective is to provide an overview of the utilized business models in the Czech chemical industry, more specifically section 20.1 according to CZ NACE. The aims of the underlying research are to provide a methodology to study an industry through the scope of its business models and utilize it on a specific industry to identify novel business models. Specifically, the research was conducted to identify the specific elements (or features) of novel business models based on sustainable multiple customer value creation within the context of the chosen industry. Design/methodology/approach: The methodology is based on the work of different authors. Based on their methodologies and research a questionnaire was developed to fit the specific goal. The questionnaire's relevance was tested during semi-structured interviews with 2 directors from 2 different companies belonging in the sample. The sample consists of all 38 companies belonging to section 20.1 CZ NACE. The questionnaire was primarily targeted to commercial directors or production directors. It consisted of 32 questions regarding selected elements of their company's business model. These elements were later used to provide an overview of the business models for the selected industry. Findings: Within such a capital-intensive industry under the spotlight of many external audits and under heavy legislation, following the issued legislation becomes a competitive advantage. The majority and minority business model constructs state the business model elements utilized by most of companies and vice versa. In effect the legislation and constant audits pushes companies towards more industrial safety and meeting environmental customer expectation while social expectations are being met by a smaller number of companies. Research/practical implications: The majority and minority business model constructs provide an overview of the current trends in the selected industry. Due to the narrow orientation o

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50204 - Business and management

Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2018

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Innovation management, entrepreneurship and sustainability 2018; Proceedings of the 6th International Conference

ISBN

978-80-245-2274-6

ISSN

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e-ISSN

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Počet stran výsledku

15

Strana od-do

520-529

Název nakladatele

Department of entrepreneurship, Faculty of Business Administration, University of Economics, Prague

Místo vydání

Praha

Místo konání akce

Praha

Datum konání akce

31. 5. 2018

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000461375200043