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Transformation of Innovative Business Models through the Digitalization of the Economic Space

Author

Listed:
  • Aifer Baimukhametova
  • Madina Tulegenova
  • Zhansaya Temerbulatova
  • Dinara Rakhmatullayeva

Abstract

The relevance of the study is due to the need to determine a business model that meets the modern realities of doing business at the initial stage of building a business. The purpose of the paper is to study approaches to building business models of innovative enterprises and companies in Kazakhstan, taking into account the impact of the global pandemic and digital technologies. The transformation of business models is analyzed on the example of the sphere of innovative entrepreneurship using theoretical methods (analysis; synthesis; concretization; generalization; method of analogies; modelling). As a result, the key criterion that distinguishes innovative entrepreneurship from its classical understanding is formulated and a typical business model of an innovative enterprise was formed.

Suggested Citation

  • Aifer Baimukhametova & Madina Tulegenova & Zhansaya Temerbulatova & Dinara Rakhmatullayeva, 2024. "Transformation of Innovative Business Models through the Digitalization of the Economic Space," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 48-60.
    • Handle: RePEc:bas:econst:y:2024:i:4:p:48-60
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    References listed on IDEAS

    as
    1. Erik Stam & Andrew Ven, 2021. "Entrepreneurial ecosystem elements," Small Business Economics, Springer, vol. 56(2), pages 809-832, February.
    2. Kim Hua Tan & Guojun Ji & Chee Peng Lim & Ming-Lang Tseng, 2017. "Using big data to make better decisions in the digital economy," International Journal of Production Research, Taylor & Francis Journals, vol. 55(17), pages 4998-5000, September.
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    More about this item

    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • C55 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Large Data Sets: Modeling and Analysis
    • C59 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Other

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