The lens of business model element activation

dc.contributor.authorAdamek, Pavel
dc.contributor.otherEkonomická fakultacs
dc.date.accessioned2025-03-13T09:28:55Z
dc.date.available2025-03-13T09:28:55Z
dc.description.abstractA business model is the foundation for understanding the functioning of a business entity and is a source of innovation and change. Therefore, developing a business model is necessary, and proactive activation can be a source of competitive advantage to meet the appropriate requirements in the composition of business model elements. The study aims to identify the key elements of activation in business models and to discover their significance. This study uses an expertbased approach based on the use of multi-criteria decision-making (MCDM) with the definition of the main elements. It also compares data from fuzzy analytical hierarchy process (AHP) and conduct primary research among small and medium-sized enterprises (SMEs) to determine the importance of various elements in their business models. It provides insight into determining the degree of significance of business model elements, with its expansion to the Delphi method and a panel of experts on 97 sub-criteria. Predominant factors such as value proposition, customer segments, and key partnerships have been identified as primarily critical for SMEs. The results obtained can then be used by businesses for subsequent concentration on a specific business element to achieve higher company performance and strengthen the competitive position. This study presents a fresh perspective on reimagining the classification of business models, their elements, and, above all, the determination of the meaning of individual business model criteria.en
dc.formattext
dc.identifier.doi10.15240/tul/001/2025-5-001
dc.identifier.eissn2336-5604
dc.identifier.issn1212-3609
dc.identifier.urihttps://dspace.tul.cz/handle/15240/176760
dc.language.isoen
dc.publisherTechnická Univerzita v Libercics
dc.publisherTechnical university of Liberec, Czech Republicen
dc.publisher.abbreviationTUL
dc.relation.ispartofEkonomie a Managementcs
dc.relation.ispartofEconomics and Managementen
dc.relation.isrefereedtrue
dc.rightsCC BY-NC
dc.subjectBusiness modelen
dc.subjectfuzzy multi-criteria decision-making (MCDM)en
dc.subjectsmall and mediumsized enterprisesen
dc.subject.classificationD20
dc.subject.classificationD24
dc.subject.classificationM21
dc.subject.classificationO33
dc.titleThe lens of business model element activationen
dc.typeArticleen
local.accessopen
local.citation.epage81
local.citation.spage70
local.facultyFaculty of Economics
local.filenameEM_1_2025_5
local.fulltextyes
local.relation.abbreviationE+Mcs
local.relation.abbreviationE&Men
local.relation.issue1
local.relation.volume28
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