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The applicability of the St. Gallen Business Model NavigatorTM for start-ups
No full textIn order to support entrepreneurs in the Business Model Innovation (BMI) process, practice-oriented frameworks such as the St. Gallen Business Model NavigatorTM (BMN) are considered to be a powerful tool. The aim of this paper is to identify strengths and limitations of the BMN when applied to start-ups in their early stages and to contribute to the optimization of the BMN in terms of applicability for start-ups. Furthermore, the paper aims to emphasize the importance of BMI for start-ups and the relevance of a supporting framework as well as formulating a unified catalogue of requirements of BMI frameworks for start-ups
Dynamic Business Modeling for Sustainability
No full textIn the last decade, both sustainability (Green &
Blue Economies) and business models for sustainability
(BMfS) have increased in importance. Social life cycle
sustainability assessment has not fully achieved goal,
mainly because sustainability‐oriented business is very
complex and dynamic. System Dynamics (SD) is a powerful
methodology and computer simulation modeling technique
for framing, understanding and discussing complex issues
and problems. This paper responds to the urgent need for
a new business model by presenting a concept for dynamic
business modeling for sustainability using system dynamics.
The paper illustrates the key operating principles through
an application from the smartphone industry with help
from STELLA® software for simulation. Simulations
suggest that dynamic business modeling for sustainability
may contribute to sustainable business model research and
practice by introducing a systemic design tool that frames
environmental, social, and economic drivers of value
generation into a dynamic business model causal feedback
structure, therefore overcoming shortcomings of current
business models when applied to complex systems
Experimental Validation of Ellipsoidal Techniques for State Estimation in Marine Applications
No full textA reliable quantification of the worst-case influence of model uncertainty and external disturbances is crucial for the localization of vessels in marine applications. This is especially true if uncertain GPS-based position measurements are used to update predicted vessel locations that are obtained from the evaluation of a ship’s state equation. To reflect real-life working conditions, these state equations need to account for uncertainty in the system model, such as imperfect actuation and external disturbances due to effects such as wind and currents. As an application scenario, the GPS-based localization of autonomous DDboat robots is considered in this paper. Using experimental data, the efficiency of an ellipsoidal approach, which exploits a bounded-error representation of disturbances and uncertainties, is demonstrated
State of the Art of Wearable Sensors for Healthcare
No full textPersonalized remote healthcare monitoring is in continuous development due to the technology improvements of sensors and wearable electronic systems. A state of the art of research works on wearable sensors for healthcare applications is presented in this work. Furthermore, a state of the art of wearable devices, chest and wrist band and smartwatches available on the market for health and sport monitoring is presented in this paper. Many activity trackers are commercially available. The prices are continuously reducing and the performances are improving, but commercial devices do not provide raw data and are therefore not useful for research purposes
Image novelty detection based on mean-shift and typical set size
No full textThe detection of anomalous or novel images given a training dataset of only clean reference data (inliers) is an important task in computer vision. We propose a new shallow approach that represents both inlier and outlier images as ensembles of patches, which allows us to effectively detect novelties as mean shifts between reference data and outliers with the Hotelling T2 test. Since mean-shift can only be detected when the outlier ensemble is sufficiently separate from the typical set of the inlier distribution, this typical set acts as a blind spot for novelty detection. We therefore minimize its estimated size as our selection rule for critical hyperparameters, such as, e.g., the size of the patches is crucial. To showcase the capabilities of our approach, we compare results with classical and deep learning methods on the popular datasets MNIST and CIFAR-10, and demonstrate its real-world applicability in a large-scale industrial inspection scenario
Evaluation und Bewertung technologiebasierter Startups: Ansätze von Risikokapitalgebern in der Seed- und Early-Stage
No full textTechnologiebasierte Startups leisten einen wesentlichen Beitrag zur wirtschaftlichen sowie gesellschaftlichen Entwicklung. Im Zuge ihrer Gründung benötigen sie Unterstützung in Form von Risikokapital, das in der Seed- und Early-Stage primär durch Business Angels (BAs) bereitgestellt wird. Die Abläufe und Bewertungskriterien des BA Investmentprozesses sind bisher jedoch unzureichend erforscht. Der vorliegende Beitrag nutzt Experteninterviews im Rahmen einer Fallstudie des baden-württembergischen entrepreneurialen Ökosystems zur Identifikation des Vorgehens von BAs bei der Bewertung und Auswahl technologiebasierter Startups. Zudem werden die Kriterien, nach denen BAs vielversprechende von scheiternden Startups unterscheiden abgeleitet. Somit trägt der Beitrag zur Öffnung der „Black Box” von Investmentaktivitäten in den frühsten Gründungsphasen bei
Integrity Management in Hochrisikoländern
No full textWie gehen mittelständische Unternehmen mit internationaler Geschäftstätigkeit mit Compliance-Risiken um? Wie gelingt das Risikomanagement spezifischer Herausforderungen der Regelkonformität in Wachstumsländern, die aus Compliance-Gesichtspunkten als Hochrisikoländer eingestuft werden? Und was beschäftigt dabei Compliance-Officer im Mittelstand? Diesen Fragen widmete sich ein anwendungsorientiertes Forschungsprojekt am Konstanz Institut für Corporate Governance
