Renata Gabryelczyk

Does Grade Level Matter for the Assessment of Business Process Management Maturity

Abstract The purpose of this paper is to create and test the practical application of a business process management maturity assessment conducted at two different grade levels (management and professional level) in an organization. The conceptual framework for this research includes creating a business process maturity indicator (BPMI) for six process areas: strategy, documentation, optimization, implementation, execution, and controlling. The comparative analysis of the business process management maturity is performed using the BPMI on two cases: inside a single organization and the sector internally.

Biotech spin-off business models for the internationalization strategy

Purpose The purpose of this paper is to identify the business model components and related attributes of biotech spin-offs activity that are key to the implementation of the internationalization strategy. Design/methodology/approach The paper is based on a multiple case study analysis including business models of seven biotechnology spin-offs traded on the Warsaw Stock Exchange. Based on the literature review the authors identify the key attributes of the business model for the commercialization of R&D outcomes. The authors conduct an analysis taking into consideration the determinants of biotech spin-off activity. The authors also measure the internationalization strategy implementation with the use of indicators identified in the empirical research literature review. Findings According to the results, the authors identified that international cooperation in research projects and partnering, as well as international experience in the management board and tacit knowledge, play a facilitating role in the business model for the commercialization of biotech spin-off research findings. The cost advantage on the global market, tax advantages and support of venture capital are the key to the exploitation of profit potential on the global market. An important component of the business model specific to companies conducting R&D activities is to ensure firm survival activities by funding research grants to makes R&D possible prior to commercialization. Research limitations/implications The main limitation of this study is the small magnitude of the sample, particularly as only two of the seven analyzed spin-offs realized their profit potential on the global market. Practical implications The findings are important for the development of business models of new biotech ventures. Research results can be used as recommendations for universities on how to effectively build a business model for the commercialization of biotech spin-offs on the basis of R&D outcomes for the internationalization strategy. Originality/value The paper’s uniqueness results from the synergy of combining three research areas: components of business models for commercialization; attributes of biotech RD and indicators measuring the internationalization strategy implementation. The results can contribute to the existing body of knowledge on business models for the commercialization of R&D outcomes in the context of internationalization. The value of this paper is an extended knowledge of the internationalization of biotech ventures based on R&D outcomes.

Business process management success framework for transition economies

ABSTRACT This article presents business process management (BPM) framework, which considers the specific circumstances in transition economies. The analysis of 47 papers shows that in addition to common critical success factors, BPM adoption in transition economies should also consider factors such as environment, external stakeholders impact, ownership, and implementation context. The proposed framework contributes to the theory by offering a solid foundation for future research and to the practice by indicating essential constructs for effective BPM.

Determinants of Business Model Maturity

nanced in the framework of contract No. 768/P-DUN/2016 by the Ministry of Science and Higher Education committed to activities aimed at the promotion of education. * Anna Bia ek-Jaworska, Ph.D. – Department of Banking Finance and Accounting, Faculty of Economic Sciences and the Digital Economy Lab, University of Warsaw. Mailing address: DELab UW, 56/66 Dobra St., 00-312 Warsaw, e-mail: abialek@wne.uw.edu.pl. ** Renata Gabryelczyk, Ph.D. – Department of Information Systems and Economic Analysis, Faculty of Economic Sciences and the Digital Economy Lab, University of Warsaw. Mailing address: DELab UW, 56/66 Dobra St., 00-312 Warsaw, e-mail: r.gabryelczyk@wne.uw.edu.pl. *** Agnieszka Pugaczewicz, Ph.D. – Digital Economy Lab, University of Warsaw. Mailing address: DELab UW, 56/66 Dobra St., 00-312 Warsaw, a.pugacewicz@delab.uw.edu.pl. Studia i Materia y, 1/2016 (20): 8– 23 ISSN 1733-9758,

Stimulating entrepreneurship by teaching accounting: concept and implementation

This paper aims to present an idea and for the implementation of an educational programme to usher students towards entrepreneurship through an integration of process approach, illustrating business operations with real accounting documents and bookkeeping using ERP and IT modelling and process analysis tools. The proposed approach will enable students to develop an understanding of the business environment and allow them to obtain some practical experience in accounting. This initiative is an integral part of the Europe 2020 strategy whereby stimulating entrepreneurship, creating conditions for the development of micro-enterprises as well as improving the quality of human capital are the tools used to fight unemployment. Studies of the business worlds real needs have inspired scientific circles to initiate and develop teaching programmes that would give students of various universities and faculties - not exclusively economics-based establishments - the opportunity to gain practical experience in running a micro-enterprise with a special focus on accounting.