Brunilda Kosta – Faculty of Economy, University of Tirana, Arben Broci Street, 1001, Tirana, Albania
Keywords:
Business model novelty;
Business model efficiency;
Technology turbulence
Abstract: In today’s rapidly evolving business landscape, technological turbulence has become a defining factor that reshapes traditional business models. This paper explores the relationship between technological turbulence and the transformation of business models. To do so, a survey involving 201 businesses operating in Albania was conducted. The survey results show that technological turbulence has a significant positive impact on the development of novel business models and efficient business models. This paper concludes with theoretical and practical implications.
7th International Scientific Conference on Recent Advances in Information Technology, Tourism, Economics, Management and Agriculture – ITEMA 2023 – Conference Proceedings, Hybrid (Faculty of Organization and Informatics Varaždin, University of Zagreb, Croatia), October 26, 2023
ITEMA Conference Proceedings published by: Association of Economists and Managers of the Balkans – Belgrade, Serbia
ITEMA conference partners: Faculty of Economics and Business, University of Maribor, Slovenia; Faculty of Organization and Informatics, University of Zagreb, Varaždin; Faculty of Geography, University of Belgrade, Serbia; Institute of Marketing, Poznan University of Economics and Business, Poland; Faculty of Agriculture, Banat’s University of Agricultural Sciences and Veterinary Medicine ”King Michael I of Romania”, Romania
ITEMA Conference 2023 Conference Proceedings: ISBN 978-86-80194-75-2, ISSN 2683-5991, DOI: https://doi.org/10.31410/ITEMA.2023
Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission.
Kosta, B. (2023). What is the Impact of Technological Turbulence on Business Model Novelty and Efficiency?. In V. Bevanda (Ed.), International Scientific Conference ITEMA 2023: Vol 7. Conference Proceedings (pp. 305-310). Association of Economists and Managers of the Balkans. https://doi.org/10.31410/ITEMA.2023.305
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