Editors: Ignitia Motjolopane, Ephias Ruhode, Pius Adewale Owolawi

Business Models and Innovative Technologies for SMEs

eBook: US $39 Special Offer (PDF + Printed Copy): US $74
Printed Copy: US $54
Library License: US $156
ISBN: 978-981-5196-72-6 (Print)
ISBN: 978-981-5196-71-9 (Online)
Year of Publication: 2023
DOI: 10.2174/97898151967191230101

Introduction

Business Models and Innovative Technologies for SMEs focuses on technologies such as data analytics, artificial intelligence and data as a service. As these technologies offer new possibilities, small and medium enterprises (SMEs) often struggle to grasp their full potential within evolving business landscapes. Five reviews discuss the potential of these technologies to drive SME growth. The book also highlights the need for a strategic approach to overcoming challenges faced by SMEs to create innovative business models such as limited resources, infrastructure hurdles, and financial limitations.

The chapters explore diverse facets of business model innovation, covering strategic models for mobile application development, the critical role of cybersecurity culture, readiness assessments, digital transformations leveraging artificial intelligence, expert systems' impact on competitiveness, and the adoption of data as services in SMEs. Each chapter is tailored to provide actionable insights drawn from theory and, where possible, real-life case studies, addressing questions related to technological benefits, innovative strategies, and challenges in implementing digital transformations for SMEs.

This book caters to a wide audience of academics, researchers, policymakers, and business practitioners deeply invested in SME development, offering practical solutions and theoretical frameworks. The combination of scholarly and practical approaches towards developing and implementing innovative strategies, makes it a valuable resource for readers seeking to understand and support SME growth.

Readership

Academics, Entrepreneurs, Business consultants in the SME sector.

Preface

- Pp. i-iv (4)
Ignitia Motjolopane, Ephias Ruhode, Pius Adewale Owolawi
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List of Contributors

- Pp. v

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Business Model Innovation for Mobile Application Development for SMEs in Response to Disruptive Innovation

- Pp. 1-23 (23)
Errol Francke*

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Cybersecurity Culture as a Critical Component of Digital Transformation and Business Model Innovation in SMEs

- Pp. 24-44 (21)
Zoran Mitrovic*, Colin Thakur, Sudhika Palhad

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Assessing SMEs’ Business Model Innovation Readiness

- Pp. 45-61 (17)
Cecil Kgoetiane*

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Digital Transformation in SMEs: Developing Digital Business Model Innovations Based on Artificial Intelligence

- Pp. 62-84 (23)
Tlou Maggie Masenya*

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Understanding the Affordances of Expert Systems in Improving the Competitiveness of South African Insurance SMEs

- Pp. 85-106 (22)
Stevens P. Mamorobela*

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Factors Affecting the Adoption of Data as a Service (DaaS) in Small, Medium, and Micro Enterprises (SMMEs)

- Pp. 107-125 (19)
Megan Morta, Osden Jokonya*

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Factors Affecting the Adoption of Emerging Technologies to Reduce Food Waste by SMEs in the Food Industry

- Pp. 126-146 (21)
Talent Muzondo, Osden Jokonya*

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Subject Index

- Pp. 147-152 (6)
Ignitia Motjolopane, Ephias Ruhode, Pius Adewale Owolawi
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