Strategies and drivers of sustainable business model innovation
Research output: Contributions to collected editions/works › Contributions to collected editions/anthologies › Research › peer-review
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Handbook of Sustainable Innovation. ed. / Frank Boons; Andrew McMeekin. Cheltenham: Edward Elgar Publishing, 2019. p. 101-123 6.
Research output: Contributions to collected editions/works › Contributions to collected editions/anthologies › Research › peer-review
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TY - CHAP
T1 - Strategies and drivers of sustainable business model innovation
AU - Lüdeke-Freund, Florian
AU - Schaltegger, Stefan
AU - Dembek, Krzysztof
PY - 2019
Y1 - 2019
N2 - As with any type of innovation, business model innovation is a means to alter and extend the ability of firms to act effectively and efficiently. With its focus on proposing and creating value, business model innovation has become a major technique with which to develop new and change existing forms of organizational value creation. The emerging field of research and practice on sustainable business models (SBMs) has taken up this approach in order to understand and develop new forms of value creation that offer sustainable value propositions to customers and all other stakeholders, and that allow firms to capture economic value while they maintain or even regenerate natural, social and economic capital. This chapter proposes a framework of sustainable business model innovation (SBMI), building on one decade of SBM research, and relates SBMI explicitly to the vision of sustainable development. We show that a major task of SBMI is to translate sustainability strategies into actionable ‘blueprints’ of value-creating activities of firms. SBMI address so called business case drivers, referring to costs, risks, reputation, and so on and successful SBMI improve these business case drivers by integrating positive contributions to a sustainable development of the natural environment and society and business success. The conceptual considerations are illustrated with a case of an ecologically and socially motivated business.
AB - As with any type of innovation, business model innovation is a means to alter and extend the ability of firms to act effectively and efficiently. With its focus on proposing and creating value, business model innovation has become a major technique with which to develop new and change existing forms of organizational value creation. The emerging field of research and practice on sustainable business models (SBMs) has taken up this approach in order to understand and develop new forms of value creation that offer sustainable value propositions to customers and all other stakeholders, and that allow firms to capture economic value while they maintain or even regenerate natural, social and economic capital. This chapter proposes a framework of sustainable business model innovation (SBMI), building on one decade of SBM research, and relates SBMI explicitly to the vision of sustainable development. We show that a major task of SBMI is to translate sustainability strategies into actionable ‘blueprints’ of value-creating activities of firms. SBMI address so called business case drivers, referring to costs, risks, reputation, and so on and successful SBMI improve these business case drivers by integrating positive contributions to a sustainable development of the natural environment and society and business success. The conceptual considerations are illustrated with a case of an ecologically and socially motivated business.
KW - Sustainability sciences, Management & Economics
UR - https://www.e-elgar.com/shop/handbook-of-sustainable-innovation
U2 - 10.4337/9781788112574.00012
DO - 10.4337/9781788112574.00012
M3 - Contributions to collected editions/anthologies
SN - 978-1-78811-256-7
SP - 101
EP - 123
BT - Handbook of Sustainable Innovation
A2 - Boons, Frank
A2 - McMeekin, Andrew
PB - Edward Elgar Publishing
CY - Cheltenham
ER -