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A comparative research on Communities of Practice, University Knowledge Exchange and Business Model Changes between the United Kingdom and Vietnamese Agri-tech Startups. / Brown, Christopher; Thuy, Nguyen Thi Thu; Giang, Nguyen Thuc Huong.

In: VNU Journal of Science: Economics and Business, Vol. 2, No. 2, 25.04.2022, p. 27-40.

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@article{115eb52ae14a4375a1942f75d2f0e41d,
title = "A comparative research on Communities of Practice, University Knowledge Exchange and Business Model Changes between the United Kingdom and Vietnamese Agri-tech Startups",
abstract = "The paper explores the expectation that agri-tech startups in the United Kingdom and Vietnam gain benefits of Communities of Practice (CoP), and how CoP help those businesses to tackle the challenges of business model changes for their growth enhancement. The co-creational collaboration between academics and agri-tech startups when working together on knowledge/experience-sharing through CoP is also investigated. The research uses a case-study approach, meetings, interviews, and documentary data to capture the events, actions and changes of attitudes, behaviours, and expectations of eight agri-tech startups towards their use of CoP. The research indicates a significant change in the business models of the startups when integrating into temporal CoP. These agri-tech startups often exploit their existing business models, while exploring a portfolio of new business opportunities that could generate new growth engines. Some of them quickly move into a value creation phase by which they achieve quick-wins and medium-term actions that generate both financial and non-financial business value. The research results may have implications for policymakers and practitioners who want to develop these types of interventions. Businesses in other fields can also better understand the value and potential of temporal CoP and start applying them.Keywords: Agri-tech, business model change (s), university knowledge exchange, communities of practice, startup (s). *",
keywords = "Start-ups",
author = "Christopher Brown and Thuy, {Nguyen Thi Thu} and Giang, {Nguyen Thuc Huong}",
note = " This is an open access article distributed under the Creative Commons Attribution License, to view a copy of the license, see: https://creativecommons.org/licenses/by/4.0/",
year = "2022",
month = apr,
day = "25",
doi = "10.25073/2588-1108/vnueab.4723",
language = "English",
volume = "2",
pages = "27--40",
journal = "VNU Journal of Science: Economics and Business",
issn = "2588-1108",
number = "2",

}

RIS

TY - JOUR

T1 - A comparative research on Communities of Practice, University Knowledge Exchange and Business Model Changes between the United Kingdom and Vietnamese Agri-tech Startups

AU - Brown, Christopher

AU - Thuy, Nguyen Thi Thu

AU - Giang, Nguyen Thuc Huong

N1 - This is an open access article distributed under the Creative Commons Attribution License, to view a copy of the license, see: https://creativecommons.org/licenses/by/4.0/

PY - 2022/4/25

Y1 - 2022/4/25

N2 - The paper explores the expectation that agri-tech startups in the United Kingdom and Vietnam gain benefits of Communities of Practice (CoP), and how CoP help those businesses to tackle the challenges of business model changes for their growth enhancement. The co-creational collaboration between academics and agri-tech startups when working together on knowledge/experience-sharing through CoP is also investigated. The research uses a case-study approach, meetings, interviews, and documentary data to capture the events, actions and changes of attitudes, behaviours, and expectations of eight agri-tech startups towards their use of CoP. The research indicates a significant change in the business models of the startups when integrating into temporal CoP. These agri-tech startups often exploit their existing business models, while exploring a portfolio of new business opportunities that could generate new growth engines. Some of them quickly move into a value creation phase by which they achieve quick-wins and medium-term actions that generate both financial and non-financial business value. The research results may have implications for policymakers and practitioners who want to develop these types of interventions. Businesses in other fields can also better understand the value and potential of temporal CoP and start applying them.Keywords: Agri-tech, business model change (s), university knowledge exchange, communities of practice, startup (s). *

AB - The paper explores the expectation that agri-tech startups in the United Kingdom and Vietnam gain benefits of Communities of Practice (CoP), and how CoP help those businesses to tackle the challenges of business model changes for their growth enhancement. The co-creational collaboration between academics and agri-tech startups when working together on knowledge/experience-sharing through CoP is also investigated. The research uses a case-study approach, meetings, interviews, and documentary data to capture the events, actions and changes of attitudes, behaviours, and expectations of eight agri-tech startups towards their use of CoP. The research indicates a significant change in the business models of the startups when integrating into temporal CoP. These agri-tech startups often exploit their existing business models, while exploring a portfolio of new business opportunities that could generate new growth engines. Some of them quickly move into a value creation phase by which they achieve quick-wins and medium-term actions that generate both financial and non-financial business value. The research results may have implications for policymakers and practitioners who want to develop these types of interventions. Businesses in other fields can also better understand the value and potential of temporal CoP and start applying them.Keywords: Agri-tech, business model change (s), university knowledge exchange, communities of practice, startup (s). *

KW - Start-ups

U2 - 10.25073/2588-1108/vnueab.4723

DO - 10.25073/2588-1108/vnueab.4723

M3 - Article

VL - 2

SP - 27

EP - 40

JO - VNU Journal of Science: Economics and Business

JF - VNU Journal of Science: Economics and Business

SN - 2588-1108

IS - 2

ER -