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From business models to value networks and business ecosystems – What does it mean for the economics and governance of the transport system?

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  • Leviäkangas, Pekka
  • Öörni, Risto

Abstract

The entire transport sector is experiencing disruption on a global scale due to a number of drivers. These include the drivers of technology, changes in governance structures, a range of environmental challenges, and the need to provide mobility and accessibility regardless of social status or income level. To realize socio-economically worthwhile investments in the transport system, particularly where new technologies are involved, fresh views of the economy and investment are needed. This paper explores the relationship between business models, value chains and business ecosystems, and demonstrates a meta-model for transport-related services that involve profound incorporation of new technologies. The meta-model consists of four elements: end customer value (value proposition to the end user), business value (shareholder value), collaborative value (business value to the supply chain) and societal value (value creation in the supply chain and control of negative externalities). The meta-model is tested with a case study.

Suggested Citation

  • Leviäkangas, Pekka & Öörni, Risto, 2020. "From business models to value networks and business ecosystems – What does it mean for the economics and governance of the transport system?," Utilities Policy, Elsevier, vol. 64(C).
    • Handle: RePEc:eee:juipol:v:64:y:2020:i:c:s0957178720300412
    DOI: 10.1016/j.jup.2020.101046
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    References listed on IDEAS

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    1. Leviäkangas, Pekka & Ojala, Lauri & Töyli, Juuso, 2016. "An integrated ecosystem model for understanding infrastructure PPPs," Utilities Policy, Elsevier, vol. 42(C), pages 10-19.
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    5. Henry Chesbrough & Richard S. Rosenbloom, 2002. "The role of the business model in capturing value from innovation: evidence from Xerox Corporation's technology spin-off companies," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 11(3), pages 529-555, June.
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    Cited by:

    1. Marzena Kramarz & Lilla Knop & Edyta Przybylska & Katarzyna Dohn, 2021. "Stakeholders of the Multimodal Freight Transport Ecosystem in Polish–Czech–Slovak Cross-Border Area," Energies, MDPI, vol. 14(8), pages 1-32, April.
    2. Erman Aminullah & Trina Fizzanty & Nawawi Nawawi & Joko Suryanto & Nika Pranata & Ikbal Maulana & Luthfina Ariyani & Adityo Wicaksono & Ikval Suardi & Nyimas Latifah Letty Azis & Aisah Putri Budiatri, 2024. "Interactive Components of Digital MSMEs Ecosystem for Inclusive Digital Economy in Indonesia," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 487-517, March.

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