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A Networked Analysis and Engineering Framework for New Business Models

Author

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  • Wolfgang Vorraber

    (Institute of Engineering and Business Informatics, Graz University of Technology, 8010 Graz, Austria)

  • Matthias Müller

    (Institute of Software Technology, Graz University of Technology, 8010 Graz, Austria)

Abstract

New technological possibilities and paradigm shifts from product-centered to service-centered offerings are one of the main drivers of business models. Business ventures today are more and more networked. Often, various partners are needed to deliver a service or product to frequently cross-linked customers with sometimes bi- or even multi-variant roles. Furthermore, business models are embedded in socio-technical systems where different kinds of needs and values of all actors, including social, ecological, technical and economic values, have to be balanced. The resulting complex network of actors, needs and values requires continuous management in order to create and operate viable and sustainable business models. This paper proposes a multi-layer framework to analyze existing business models as well as to shape new business ventures in a networked and values-based way and to support the identification of tacit network effects within business ecosystems. Based on an existing multi-layered analysis toolkit, focusing on legal and business dynamics aspects, an enhanced visualization and analysis tool is proposed that focuses especially on ethical, social and environmental aspects to foster the creation of (strongly) sustainable business models. The research process to create the presented approach followed the Design Science Research paradigm by applying argumentative-deductive analysis (ADA) and first applications in real-world case studies. A practical case from an international Open Source Software (OSS) project serves as an example to illustrate this values-based visualization and analysis layer and its benefits for managers and decision makers in the area of business model and information system management.

Suggested Citation

  • Wolfgang Vorraber & Matthias Müller, 2019. "A Networked Analysis and Engineering Framework for New Business Models," Sustainability, MDPI, vol. 11(21), pages 1-26, October.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:21:p:6018-:d:281538
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    References listed on IDEAS

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    2. Monika Büscher & Cronan Cronshaw & Alistair Kirkbride & Nicola Spurling, 2023. "Making Response-Ability: Societal Readiness Assessment for Sustainability Governance," Sustainability, MDPI, vol. 15(6), pages 1-23, March.
    3. Bojan Obrenovic & Jianguo Du & Danijela Godinic & Diana Tsoy & Muhammad Aamir Shafique Khan & Ilimdorjon Jakhongirov, 2020. "Sustaining Enterprise Operations and Productivity during the COVID-19 Pandemic: “Enterprise Effectiveness and Sustainability Model”," Sustainability, MDPI, vol. 12(15), pages 1-27, July.

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