Sustainability Innovation Cube: A Framework to Evaluate Sustainability of Product Innovations
Research output: Contributions to collected editions/works › Article in conference proceedings › Research › peer-review
Authors
Corporations increasingly subscribe to the principles of corporate
sustainability, which is generally described as th e integration of economic,
environmental and social dimensions. Of particular interest are sustainability-
oriented product innovations: products are perceived to be a major source of
sustainability issues and crucial for tapping into new customer segments and
new markets. Yet sustainability-oriented innovations are very risky: Not only is
the product’s market success uncertain, but also the direction of innovations’
sustainability effects, i.e. whether they contribute positively or negatively to
sustainability. This paper presents a generic model termed ‘Sustainability
Innovation Cube’ for structuring innovations ’ sustainability effects and, thus,
enabling business to minimize the ‘directional risk’ of sustainability-oriented
innovations. A qualitative expert study reveals the opportunities and challenges
related to the developed model. Limitations are discussed and a brief outlook is
given
sustainability, which is generally described as th e integration of economic,
environmental and social dimensions. Of particular interest are sustainability-
oriented product innovations: products are perceived to be a major source of
sustainability issues and crucial for tapping into new customer segments and
new markets. Yet sustainability-oriented innovations are very risky: Not only is
the product’s market success uncertain, but also the direction of innovations’
sustainability effects, i.e. whether they contribute positively or negatively to
sustainability. This paper presents a generic model termed ‘Sustainability
Innovation Cube’ for structuring innovations ’ sustainability effects and, thus,
enabling business to minimize the ‘directional risk’ of sustainability-oriented
innovations. A qualitative expert study reveals the opportunities and challenges
related to the developed model. Limitations are discussed and a brief outlook is
given
Original language | English |
---|---|
Title of host publication | International Society for Professional Innovation Management -ISPIM-:The future of innovation. : The Proceedings of The XX ISPIM Conference and The R&D Management Conference 2009 |
Editors | Eelko Huizingh, Steffen Conn, M. Torkelli, I. Bitran |
Number of pages | 20 |
Place of Publication | Manchester |
Publisher | Lappeenranta University of Technology Press |
Publication date | 2009 |
ISBN (print) | 978-952-214-767-7 |
Publication status | Published - 2009 |
Externally published | Yes |
Event | 20th International Society for Professional Innovation Management Conference - ISPIM 2009: The Future of Innovation - Vienna, Austria Duration: 21.06.2009 → 24.06.2009 Conference number: 20 https://kmeducationhub.de/international-society-for-professional-innovation-management-innovation-conference-ispim-conference/ https://www.openinnovation.eu/03-12-2011/2009-ispim-conference-the-future-of-innovation/ https://www.hermes-osr.eu/index.php/news-a-events-/events/229-ispim2009 |
- Sustainability sciences, Communication - sustainability innovation, product innovation, sustainable development, decision framework, life cycle assessment
- Entrepreneurship