Directions for transforming enterprise business models by implementing sustainable digital economy

Enterprise business models are the object of research in a wide range of economic and management sciences. The value proposition as well as the position in the network of values determine the perceived available options for the transformation of the business model in the context of digitalisation. T...

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Main Authors: Medvedeva Yulia, Kolgan Maria
Format: Article
Language:English
Published: EDP Sciences 2023-01-01
Series:E3S Web of Conferences
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/57/e3sconf_ebwff2023_08007.pdf
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author Medvedeva Yulia
Kolgan Maria
author_facet Medvedeva Yulia
Kolgan Maria
author_sort Medvedeva Yulia
collection DOAJ
description Enterprise business models are the object of research in a wide range of economic and management sciences. The value proposition as well as the position in the network of values determine the perceived available options for the transformation of the business model in the context of digitalisation. The aim of the article is to investigate the possible directions of transformation of business models of enterprises under the actualisation of the concept of sustainable development in the digital economy. In order to realize this objective, we analyzed the relevant conceptual and empirical articles, as well as information obtained from extensive empirical research on the conditions of sustainable development of enterprises and changes in consumer values within the framework of the theoretical component. The hypothesis of the study is based on the fact that changes in the values of stakeholders, primarily consumers, determine the transformation of business models. Identifying changes in consumer values in the context of new opportunities to address environmental and social issues provided by digital technologies has allowed us to propose directions for transforming the logic of value creation in business models: transformation of business model components, changes in customization, changes in format management.
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spelling doaj.art-8bcc8bf946d64ffd924939f7cf532b8b2023-09-26T10:10:51ZengEDP SciencesE3S Web of Conferences2267-12422023-01-014200800710.1051/e3sconf/202342008007e3sconf_ebwff2023_08007Directions for transforming enterprise business models by implementing sustainable digital economyMedvedeva Yulia0Kolgan Maria1Don State Technical UniversityDon State Technical UniversityEnterprise business models are the object of research in a wide range of economic and management sciences. The value proposition as well as the position in the network of values determine the perceived available options for the transformation of the business model in the context of digitalisation. The aim of the article is to investigate the possible directions of transformation of business models of enterprises under the actualisation of the concept of sustainable development in the digital economy. In order to realize this objective, we analyzed the relevant conceptual and empirical articles, as well as information obtained from extensive empirical research on the conditions of sustainable development of enterprises and changes in consumer values within the framework of the theoretical component. The hypothesis of the study is based on the fact that changes in the values of stakeholders, primarily consumers, determine the transformation of business models. Identifying changes in consumer values in the context of new opportunities to address environmental and social issues provided by digital technologies has allowed us to propose directions for transforming the logic of value creation in business models: transformation of business model components, changes in customization, changes in format management.https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/57/e3sconf_ebwff2023_08007.pdf
spellingShingle Medvedeva Yulia
Kolgan Maria
Directions for transforming enterprise business models by implementing sustainable digital economy
E3S Web of Conferences
title Directions for transforming enterprise business models by implementing sustainable digital economy
title_full Directions for transforming enterprise business models by implementing sustainable digital economy
title_fullStr Directions for transforming enterprise business models by implementing sustainable digital economy
title_full_unstemmed Directions for transforming enterprise business models by implementing sustainable digital economy
title_short Directions for transforming enterprise business models by implementing sustainable digital economy
title_sort directions for transforming enterprise business models by implementing sustainable digital economy
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/57/e3sconf_ebwff2023_08007.pdf
work_keys_str_mv AT medvedevayulia directionsfortransformingenterprisebusinessmodelsbyimplementingsustainabledigitaleconomy
AT kolganmaria directionsfortransformingenterprisebusinessmodelsbyimplementingsustainabledigitaleconomy