Since 2011 research has been conducted on New Business Models at the Nijmegen School of Management (Radboud University, The Netherlands). This has resulted in inspiring outcomes in the form of seminars, large-scale and small conferences, and many publications. As often happens with research, the results raise more questions than they answer. This basically means that research is never ‘finished’. So each (academic) year, we attempt, with the help of partners, students, researchers and supported by sponsors, to begin new projects. In 2010-2011 we did the project ‘ Sustainable Thinking and Acting’ which led to a bestseller. It was followed in 2012-2013 by a project on what is now called the ‘WEconomy’. This was then followed by the project on ‘New Business Models’ in which more then 50 people participated. This also led to a bestseller. In the autumn of 2016, we began collaboration with some Dutch Universities of Applies Sciences with the aim of building of building a Dutch National Database New Business Models. Between 2015 and continuing until today we worked on a project around Hybrid Banking (HB). Internationally, we have been developing MOOC (Massive Open Online Course) on NBMs together with the Toulouse Business School (France). It was launched at the German Iversity platform in 2016. Also in 2016 the first International Conference on New Business Models was held in Toulouse at the TBS followed by a highly successful one at the University of Graz (Austria) in 2017. For the years to come international annual conferences on NBMs are planned in Sofia (2018), Berlin (2019) and Nijmegen (2020).
The Circular Economy (CE)
The CE is an economy that is characterized by closed loops in which products, resources and materials are used in a way that optimizes their value. The aim is to radically reduce waste and maximize the preservation of resources through reuse, substitution, refurbishment, conversion, recycling and so forth. Implementing the CE at a large scale leads to transition and transformation in business and society as a whole. It is also an economy in which broader societal challenges (such as the SDG’s) are also embedded in the business proposition. This leads to a perspective that not only deals materially but also addresses social and environmental issues. The CE calls for a transition to other forms of entrepreneurship. This necessitates to develop a generation of new business models based on cooperation and value-creation between the different parties in value-cycles and networks. Organizing is such a ways incites social and organizational innovation, in addition to technological innovation. This brings in an array of new business opportunities, not only for companies but also for governments, social enterprises network organizations and citizens. People across society are just beginning to explore the possibilities of the CE. That is a promising development. But ahead lies a challenging social reconstruction in order to create a sustainable and circular economy. That might take a decade or two.
Database New Business Models
In the Netherlands, hundreds, maybe even thousands, of initiatives launched by citizens, the government, and businesses exist that either wholly or partially deserve the label of a “New Business Model”. These Initiatives are in various stages of development. In collaboration with a growing number of universities of applied sciences, these initiatives have been categorized beginning in autumn 2015 and will continue. This will not only happen in the Netherlands but also in Europe and beyond.
This is a ongoing research project on how to shape everyday transaction with more then just money. How can it be made possible to pay with other things besides money bit with valuable assets such as time, miles or waste and all at the same time? Not by first “translating” waste into cash, but in a complementary way. What does it mean to organize transactions operating with more than one value? What are the conditions, building blocks, and rules for such a system? And last but not least which role cryptocurrencies such as blockchain in this concept. Read more about Hybrid Banking
MOOC about NBMs
Based on a translation of the book ‘New Business Models; Working Together to Value ‘ and in collaboration with the Toulouse Business School (Toulouse, France) we have developed MOOC (Massive Open Online Course) on New Business Models. The goal of this MOOC is to enable participants to develop step-by-step their own NBM. The MOOC covers a period of seven weeks with an average of five “episodes” per week. The workload is expected to be three to five hours per week. It is in English. Dissemination takes place through the German/English MOOC platform Iversity.
People wanting to follow the MOOC can participate any time throughout the year. Regardless of the participation form, participants can purchase and the English version of the book ‘New Business Models’. Click here to purchase the book. Enjoy the MOOC!
International Conferences on NBM
Since spring of 2015, a group of researchers from several countries in Europe have collaborated closely in setting the stage for a series of international conferences on new business models The aim is to set up a comparative study in different countries in Europe. The ambition is to begin a five-year perspective. The first conference took place in Toulouse at the Toulouse Business School on 16 and June 17, 2016. The next was in Graz Austria in June 2017. In 2018 the conference will be held in Sofia (Bulgaria). If you like to join please find more informationhere. There is a LinkedIn group created around NBMS. You can sign up for it.