Disruptive Change in the Taxi Business

Disruptive Change in the Taxi Business PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
In most cities, the taxi industry is highly regulated and utilizes technology developed in the 1940s. Ride sharing services such as Uber and Lyft, which use modern internet-based mobile technology to connect passengers and drivers, have begun to compete with traditional taxis. This paper examines the efficiency of ride sharing services vis-à-vis taxis by comparing the capacity utilization rate of UberX drivers with that of traditional taxi drivers in five cities. The capacity utilization rate is measured by the fraction of time a driver has a fare-paying passenger in the car while he or she is working, and by the share of total miles that drivers log in which a passenger is in their car. The main conclusion is that, in most cities with data available, UberX drivers spend a significantly higher fraction of their time, and drive a substantially higher share of miles, with a passenger in their car than do taxi drivers. Four factors likely contribute to the higher capacity utilization rate of UberX drivers: 1) Uber's more efficient driver-passenger matching technology; 2)the larger scale of Uber than taxi companies; 3) inefficient taxi regulations; and 4) Uber's flexible labor supply model and surge pricing more closely match supply with demand throughout the day.

Disruptive Change in the Taxi Business

Disruptive Change in the Taxi Business PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
In most cities, the taxi industry is highly regulated and utilizes technology developed in the 1940s. Ride sharing services such as Uber and Lyft, which use modern internet-based mobile technology to connect passengers and drivers, have begun to compete with traditional taxis. This paper examines the efficiency of ride sharing services vis-à-vis taxis by comparing the capacity utilization rate of UberX drivers with that of traditional taxi drivers in five cities. The capacity utilization rate is measured by the fraction of time a driver has a fare-paying passenger in the car while he or she is working, and by the share of total miles that drivers log in which a passenger is in their car. The main conclusion is that, in most cities with data available, UberX drivers spend a significantly higher fraction of their time, and drive a substantially higher share of miles, with a passenger in their car than do taxi drivers. Four factors likely contribute to the higher capacity utilization rate of UberX drivers: 1) Uber's more efficient driver-passenger matching technology; 2)the larger scale of Uber than taxi companies; 3) inefficient taxi regulations; and 4) Uber's flexible labor supply model and surge pricing more closely match supply with demand throughout the day.

Creative Destruction and the Sharing Economy

Creative Destruction and the Sharing Economy PDF Author: Henrique Schneider
Publisher: Edward Elgar Publishing
ISBN: 1786433435
Category : Business enterprises
Languages : en
Pages : 151

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Book Description
While creative destruction and disruptive innovation change the entrepreneurial landscape; regulation – especially regulation of sectorial markets and competition regulation – can delay this change or even bring it to a halt. Uber plays an active role between these two forces: first as an agent of creative destruction and then possibly in championing regulation on its own terms. Grounded in a particular understanding of the economic concept of the market as a series of processes, this book explores the implications of creative destruction, competition regulation and the role that businesses play. Instead of discussing these relations in a purely abstract manner, this book uses Uber as a case study.

Disruptive Innovation and Sunset Clauses

Disruptive Innovation and Sunset Clauses PDF Author: Antonios E. Kouroutakis
Publisher:
ISBN:
Category :
Languages : en
Pages : 14

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Book Description
Uber and other on-demand transportation network companies, such as Lyft and Cabify, have brought significant change in the transportation industry within cities. Calling a taxi was never so simple and easy, while the payment transaction was never so fast and convenient. However, such ride sharing platforms brought significant disruption within the taxi business. Nowadays, ride-sharing platforms operate in the vast majorities of the big cities; in some cities like New York, cars affiliated with on-demand ridesharing platforms have not only outnumbered taxis but also and more importantly have taken away millions of rides from taxi drivers. Due to the noticeable drop in passengers, the value of taxi licences has drastically reduced. According to anecdotal references, in 2013, a taxi licence in New York was worth as much as $1.3 million, however, nowadays the price has dropped down to as low as $200,000. As a result, such disruption in the taxi business has brought protests from taxi drivers around the world, and has created challenges to policy makers on how to resolve the conflicting interests and resolve the tension. Such challenges are expected to rise with the spread of the autonomous cars in the future. This chapter aims to examine the utility of sunset clauses in order to resolve this issue. It will use the progressive abolition of roaming changes as a pilot case, which took place with a number of laws subject to sunset clauses, in order to show how such clauses may with temporary regulations to deregulate the taxi industry by creating a predictable business environment for all parties involved.

Developments in Information & Knowledge Management for Business Applications

Developments in Information & Knowledge Management for Business Applications PDF Author: Natalia Kryvinska
Publisher: Springer Nature
ISBN: 3030766322
Category : Technology & Engineering
Languages : en
Pages : 701

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Book Description
This book provides practical knowledge on different aspects of information and knowledge management in businesses. For enterprises/businesses those intend to remain prosperous and prolific, it is critically important to share best practices, ensure efficient information flow across company, capturing shared knowledge centrally, and communicate compliance rules, i.e. managing competently information in general. It enables faster and better decisions by helping employees’ to build a strong expertise and by avoiding duplicated projects. Thus, the second volume of this series subline continues to explore different aspects of information and knowledge handling as well as doing business with information. We survey further the key aspects of managerial implications of the informational business. The novel methodologies and practices for the business information processing as well as application of mathematical models to the business analytics and efficient management are examined.

Sustainable Smart City Transitions

Sustainable Smart City Transitions PDF Author: Luca Mora
Publisher: Taylor & Francis
ISBN: 100054074X
Category : Architecture
Languages : en
Pages : 322

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Book Description
This book enhances the reader’s understanding of the theoretical foundations, sociotechnical assemblage, and governance mechanisms of sustainable smart city transitions. Drawing on empirical evidence stemming from existing smart city research, the book begins by advancing a theory of sustainable smart city transitions, which forms bridges between smart city development studies and some of the key assumptions underpinning transition management and system innovation research, human geography, spatial planning, and critical urban scholarship. This interdisciplinary theoretical formulation details how smart city transitions unfold and how they should be conceptualized and enacted in order to be assembled as sustainable developments. The proposed theory of sustainable smart city transitions is then enriched by the findings of investigations into the planning and implementation of smart city transition strategies and projects. Focusing on different empirical settings, change dimensions, and analytical elements, the attention moves from the sociotechnical requirements of citywide transition pathways to the development of sector-specific smart city projects and technological innovations, in particular in the fields of urban mobility and urban governance. This book represents a relevant reference work for academic and practitioner audiences, policy makers, and representative of smart city industries. The chapters in this book were originally published as a special issue of the Journal of Urban Technology.

Business Model Innovation Strategy

Business Model Innovation Strategy PDF Author: Raphael Amit
Publisher: John Wiley & Sons
ISBN: 1119689678
Category : Business & Economics
Languages : en
Pages : 407

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Book Description
The most comprehensive, global guide to business model design and innovation for academic and business audiences. Business Model Innovation Strategy: Transformational Concepts and Tools for Entrepreneurial Leaders is centered on a timely, mission-critical strategic issue that both founders of new firms and senior managers of incumbent firms globally need to address as they reimagine their firms in the post COVID-19 world. The book, which draws on over 20 years of the authors collaborative theoretical and rigorous empirical research, has a pragmatic orientation and is filled with examples and illustrations from around the world. This action-oriented book provides leaders with a rigorous and detailed guide to the design and implementation of innovative, and scalable business models for their companies. Faculty and students can use Business Model Innovation Strategy as a textbook in undergraduate, MBA, and EMBA degree courses as well as in executive courses of various designs and lengths. The content of the book has been tested in both degree and non-degree courses at some of the world's leading business schools and has helped students and firm leaders to develop ground-breaking business model innovations. This book will help you: Learn the basics of business model innovation ̄including the latest developments in the field Learn how business model innovation presents new and profitable business opportunities in industries that were considered all but immune to attacks from newcomers Learn how to determine the viability of your current business model Explore new possibilities for value creation by redesigning your firm's business model Receive practical, step-by-step guidance on how to introduce business model innovation in your own company Become well-versed in an important area of business strategy and entrepreneurship Authors Amit and Zott anchored the book on their pioneering research and extensive scholarly and practitioner-oriented publications on the design, implementation, and performance implications of innovative business models. They are the most widely cited researchers in the field of business model innovation, and they teach at the top-ranked Wharton School of the University of Pennsylvania and the prestigious global business school IESE with campuses in Barcelona, Madrid, Munich, New York, and São Paulo.

Managing Careers and Employability

Managing Careers and Employability PDF Author: Yehuda Baruch
Publisher: SAGE
ISBN: 1529786371
Category : Business & Economics
Languages : en
Pages : 326

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Book Description
Combining a strong theoretical underpinning with a wide range of case studies and practical examples, this authoritative textbook provides a deep understanding of career systems, on both an individual and an organizational level. Taking a global approach, Managing Careers and Employability looks at recent labour market developments and explores contemporary topics such as entrepreneurial careers, career ecosystems and the dark side of careers. A wide range of learning features including reflective questions, key terms and exercises, empower you to reflect on and manage your own career. Online resources include a Tutor’s Guide, containing teaching notes for each chapter, as well as PowerPoint slides that can be adapted and edited to suit specific teaching needs. Suitable for undergraduate and postgraduate students studying career management and related courses. Yehuda Baruch is Professor of Management at Southampton Business School, the University of Southampton.

Technologically Mediated Human Resource Management

Technologically Mediated Human Resource Management PDF Author: Anthony McDonnell
Publisher: Taylor & Francis
ISBN: 1000883566
Category : Business & Economics
Languages : en
Pages : 183

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Book Description
This book explores the enactment of technologically mediated Human Resource Management (HRM) in the gig economy from various perspectives. The gig economy offers a new form of work which is in line with the ongoing consumer desire for convenience. Also known as the online platform, on-demand or digital platform economy, the gig economy is perhaps one of the most distinctive and extreme sides of the increasingly digitalised and fragmented nature of work. This volume examines various challenges that exist between online labor platforms and human resource management in the realm of the gig economy. The chapters in this book explore issues like institutional complexity, technological supervision of gig workers, recruitment in the gig economy, quality of work and work fairness. They further illustrate the importance of gig work being incorporated within the parameters of HRM research given the existence of many activities and practices that are typically associated with HR functions within traditional organisational forms. This book will be a beneficial read for advanced students and researchers of Management, Economics, Business and Marketing. It was originally published as a special issue of The International Journal of Human Resource Management.

Leveraging Consumer Behavior and Psychology in the Digital Economy

Leveraging Consumer Behavior and Psychology in the Digital Economy PDF Author: Suki, Norazah Mohd
Publisher: IGI Global
ISBN: 1799830438
Category : Business & Economics
Languages : en
Pages : 299

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Book Description
With the increasing prevalence of information, communication, and technology, including social media, in the digital economy, leveraging consumer behavior and psychology has become a dominant ground for researchers and practitioners to inspect the trends, opportunities, and challenges to social networking service (SNS) developers and online firms. These platforms have become a key channel for social interactions and networking among individuals and online communities to leverage business activities in respect to product and service visibility and sustainability via the internet. Leveraging Consumer Behavior and Psychology in the Digital Economy is a pivotal reference source that provides current research on topics relevant to consumer behavior, consumer psychology, consumer value, customer satisfaction, and loyalty and how best to utilize this research consumer behavior and psychology in the digital economy. Emphasizing critical topics in the field of consumer behavior research, this publication is a wide-ranging resource for professionals, practitioners, marketers, retailers, business managers, academics, researchers, and graduate-level students interested in the latest material on consumer behavior and psychology in the digital economy.

International Digitalization Trends

International Digitalization Trends PDF Author: Anabel Ternès
Publisher: Akademische Verlagsgemeinschaft München
ISBN: 3960915039
Category : Business & Economics
Languages : en
Pages : 181

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Book Description
The following book brings together international digitalization trends in different branches. Each chapter describes at first the trend in general, followed by cases from pioneering companies in the respective field. Selected relevant graphics illustrate the respective topic. In the interests of transparency, the summaries of the individual chapters precede this part of the book. The book with the selected industries, company examples and representations shows an excerpt from the development that industries are making in the area of digitization. Mit Beiträgen von: Vikas Chikmagalur Maheshwarappa, Szu-Han Chen, Skolastika Grazia Esmeralda Tjahyadi, Ali Hijazi, Min Chin Lee, Roza Hakobyan, Sebastian Kallies, Duygu Caliskan