VALUES AND MODEL OF MODERN ENTERPRISE. ADOPTING NEW STRATEGIC MODEL
Juris Roberts Kalnins, Natalja Jarohnovica
Pages: 209-214 Published: 5 Oct 2019
Views: 142 Downloads: 34
Abstract: Entrepreneurship forces significant changes in product and service offerings and new business models development. The involvement of companies into collaborative projects and developing them becomes common business approach in various industries in multinational level. As result the economic structures of two types countries and the development stages are mutually dependent. The most prevalent industry sectors in efficiency-driven economies are wholesale/retail (51%) and ICT, financial and other services (26%) and manufacturing (13%). The economic structure of innovation-driven economies has another tendency: the most prevalent entrepreneurial activity is in ICT, financial and other services (50%), followed by wholesale/retail (31%) and manufacturing (10%). The differences in prevalent entrepreneurial activities in specific sectors reflect changes in the relative contributions of each industry sector in each stage of the country’s economic development. (Singer, S., et al. (2018)).
Keywords: system thinking, business model, collaborative management approach