Comparative effectiveness of high-tech and medium-tech business models: Key indicators and value sustainability

Due to the external environment being unpredictable and dynamic, the business model becomes obsolete in a short time and its logic loses effectiveness. This seriously threatens business continuity and affects income flows. The paper develops indicators for assessing the effectiveness of business mod...

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Autor principal:	Marina V. Evseeva
Formato:	article
Lenguaje:	RU
Publicado:	Ural State University of Economics 2020
Materias:	: business model sustainability value stakeholders business model performance high-tech business model performance indicators Business HF5001-6182 Finance HG1-9999
Acceso en línea:	https://doaj.org/article/5cd506b11caa4314b55f1f25d5619ec4
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spelling	oai:doaj.org-article:5cd506b11caa4314b55f1f25d5619ec42021-12-02T11:37:36ZComparative effectiveness of high-tech and medium-tech business models: Key indicators and value sustainability10.29141/2218-5003-2020-11-3-52218-5003https://doaj.org/article/5cd506b11caa4314b55f1f25d5619ec42020-07-01T00:00:00Zhttp://upravlenets.usue.ru/ru/-2020/653https://doaj.org/toc/2218-5003Due to the external environment being unpredictable and dynamic, the business model becomes obsolete in a short time and its logic loses effectiveness. This seriously threatens business continuity and affects income flows. The paper develops indicators for assessing the effectiveness of business models. Methodologically, the study rests on the stakeholder theory, valuebased management and technological growth theory. The work uses mathematical methods for calculating financial and economic indicators, as well as a general scientific method of analysis. To test the metod, we examine 188 companies operating in the high-tech and medium-tech industry markets. Having systematized the theoretical positions, we conclude that the evaluation of business model effectiveness should be based on measuring the sustainability of the value created for various groups of the company stakeholders. This allowed us to propose a set of indicators of business model effectiveness built on yield spread and factor productivity. The program of empirical evaluation also included an indicator of the value of intellectual capital, computed on the basis of the company’s profitability deviation from the market norm. The author supposes that, by producing intellectual and relational rents, intangible capital helps increase the effectiveness of the business model, which is reflected in all sustainability indicators. The research results prove the analytical value to be satisfactory. In total, the high-tech market business models are more efficient. The distribution of performance indicators met the assumptions about the impact of a fragmented environment: a more homogeneous industry environment is instrumental in aligning business model performance. The findings of the study are of practical importance for business and contribute to the construction of a control system based on business model effectiveness management.Marina V. EvseevaUral State University of Economicsarticle: business modelsustainabilityvaluestakeholdersbusiness model performancehigh-tech business modelperformance indicatorsBusinessHF5001-6182FinanceHG1-9999RUУправленец, Vol 11, Iss 3, Pp 59-71 (2020)
institution	DOAJ
collection	DOAJ
language	RU
topic	: business model sustainability value stakeholders business model performance high-tech business model performance indicators Business HF5001-6182 Finance HG1-9999
spellingShingle	: business model sustainability value stakeholders business model performance high-tech business model performance indicators Business HF5001-6182 Finance HG1-9999 Marina V. Evseeva Comparative effectiveness of high-tech and medium-tech business models: Key indicators and value sustainability
description	Due to the external environment being unpredictable and dynamic, the business model becomes obsolete in a short time and its logic loses effectiveness. This seriously threatens business continuity and affects income flows. The paper develops indicators for assessing the effectiveness of business models. Methodologically, the study rests on the stakeholder theory, valuebased management and technological growth theory. The work uses mathematical methods for calculating financial and economic indicators, as well as a general scientific method of analysis. To test the metod, we examine 188 companies operating in the high-tech and medium-tech industry markets. Having systematized the theoretical positions, we conclude that the evaluation of business model effectiveness should be based on measuring the sustainability of the value created for various groups of the company stakeholders. This allowed us to propose a set of indicators of business model effectiveness built on yield spread and factor productivity. The program of empirical evaluation also included an indicator of the value of intellectual capital, computed on the basis of the company’s profitability deviation from the market norm. The author supposes that, by producing intellectual and relational rents, intangible capital helps increase the effectiveness of the business model, which is reflected in all sustainability indicators. The research results prove the analytical value to be satisfactory. In total, the high-tech market business models are more efficient. The distribution of performance indicators met the assumptions about the impact of a fragmented environment: a more homogeneous industry environment is instrumental in aligning business model performance. The findings of the study are of practical importance for business and contribute to the construction of a control system based on business model effectiveness management.
format	article
author	Marina V. Evseeva
author_facet	Marina V. Evseeva
author_sort	Marina V. Evseeva
title	Comparative effectiveness of high-tech and medium-tech business models: Key indicators and value sustainability
title_short	Comparative effectiveness of high-tech and medium-tech business models: Key indicators and value sustainability
title_full	Comparative effectiveness of high-tech and medium-tech business models: Key indicators and value sustainability
title_fullStr	Comparative effectiveness of high-tech and medium-tech business models: Key indicators and value sustainability
title_full_unstemmed	Comparative effectiveness of high-tech and medium-tech business models: Key indicators and value sustainability
title_sort	comparative effectiveness of high-tech and medium-tech business models: key indicators and value sustainability
publisher	Ural State University of Economics
publishDate	2020
url	https://doaj.org/article/5cd506b11caa4314b55f1f25d5619ec4
work_keys_str_mv	AT marinavevseeva comparativeeffectivenessofhightechandmediumtechbusinessmodelskeyindicatorsandvaluesustainability
_version_	1718395760954834944

Comparative effectiveness of high-tech and medium-tech business models: Key indicators and value sustainability

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