Dynamic business model based on research in power electronics industry

Koskinen, Jari; Takala, Josu; Awali, Joseph Sebuwufu (2013-12)
 
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URI
https://doi.org/10.2478/mper-2013-0039

Koskinen, Jari
Takala, Josu
Awali, Joseph Sebuwufu
Polish Association for Production Management
12 / 2013
doi:10.2478/mper-2013-0039
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi-fe202101212337

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vertaisarvioitu
Copyright © 2013 Polish Association for Production Management. Under the Creative Commons Attribution-NonCommercial-NoDerivs license, the author(s) and users are free to share (copy, distribute and transmit the contribution) under the following conditions: 1. they must attribute the contribution in the manner specified by the author or licensor, 2. they may not use this contribution for commercial purposes, 3. they may not alter, transform, or build upon this work.
Tiivistelmä
The recent global economic crisis has caused an uncertain and challenging business environment and has battered managements that are running businesses all over the world.This paper focuses on new capabilities that can be used successfully in a fast changing business environment for improving firms’ efficiency.This research utilizes constructive approach including interviews and case studies. The relevant findings of the study are the elements of the key success factors: entrepreneurial strategy, R&D to market performance, dynamic operational excellence and innovativeness with links to the key actions which have led to new business model called dynamic business model (DBC). This research focuses on power electronics business industry which at the same time is a limitation. This research helps directors and managers to think more widely and make better decisions for the success of the company. This research results bring additional value of the previous studies regarding a firm’s key success factors and dynamic capabilities.
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