Business Model Innovation for Sustainability
Research output: Contributions to collected editions/works › Contributions to collected editions/anthologies › Research › peer-review
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Corporate Sustainability: Managing Responsible Business in a Globalised World. ed. / Andreas Rasche; Mette Morsing; Jeremy Moon; Arno Kourula. Second Edition. ed. Cambridge: Cambridge University Press, 2023. p. 388-411.
Research output: Contributions to collected editions/works › Contributions to collected editions/anthologies › Research › peer-review
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TY - CHAP
T1 - Business Model Innovation for Sustainability
AU - Lüdeke-Freund, Florian
AU - Schaltegger, Stefan
PY - 2023/3/30
Y1 - 2023/3/30
N2 - This chapter introduces business model innovation for sustainability as a new way of achieving corporate sustainability. Why is thinking about business models and business model innovation useful in this regard? Because business models are essentially about how companies create value for themselves and for their stakeholders, such as customers, employees or business partners. And value creation, in turn, relates in various ways to the natural environment and society. Hence, the business model perspective is very helpful in dealing with corporate sustainability challenges. In this chapter, we explain how business models support proactive approaches to corporate sustainability; how business model innovation can help integrate sustainability principles (such as efficiency, consistency or sufficiency) into companies’ activities; and how it can help companies extend their value creation potential to be more inclusive towards non-financial stakeholders. Finally, some patterns and tools to develop business models for sustainability are introduced.
AB - This chapter introduces business model innovation for sustainability as a new way of achieving corporate sustainability. Why is thinking about business models and business model innovation useful in this regard? Because business models are essentially about how companies create value for themselves and for their stakeholders, such as customers, employees or business partners. And value creation, in turn, relates in various ways to the natural environment and society. Hence, the business model perspective is very helpful in dealing with corporate sustainability challenges. In this chapter, we explain how business models support proactive approaches to corporate sustainability; how business model innovation can help integrate sustainability principles (such as efficiency, consistency or sufficiency) into companies’ activities; and how it can help companies extend their value creation potential to be more inclusive towards non-financial stakeholders. Finally, some patterns and tools to develop business models for sustainability are introduced.
KW - Sustainability Science
KW - corporate sustainability
KW - business model
KW - business model innovation
KW - value creation
KW - stakeholders
UR - https://www.cambridge.org/de/universitypress/subjects/management/business-ethics/corporate-sustainability-managing-responsible-business-globalised-world-2nd-edition?format=PB&isbn=9781009114929#resources
UR - https://doi.org/10.1017/9781009118644
UR - https://www.mendeley.com/catalogue/e46ed04f-89b5-328c-9020-25d5f35a8432/
U2 - 10.1017/9781009118644.023
DO - 10.1017/9781009118644.023
M3 - Contributions to collected editions/anthologies
SN - 978-1-009-10040-3
SN - 978-1-009-11492-9
SP - 388
EP - 411
BT - Corporate Sustainability
A2 - Rasche, Andreas
A2 - Morsing, Mette
A2 - Moon, Jeremy
A2 - Kourula, Arno
PB - Cambridge University Press
CY - Cambridge
ER -