Business Model Innovation for Sustainability: Towards a Unified Perspective for Creation of Sustainable Business Models

Evans, Steve; Vladimirova, Doroteya; Holgado, Maria; Fossen, Kirsten Van; Yang, Miying; Silva, Elisabete; Barlow, Claire Y.

doi:10.1002/bse.1939

Cited by 861 publications

(1,015 citation statements)

References 85 publications

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“…The role of business model innovation in promoting sustainability has received great attention in the scientific literature of the last 10 years, mainly due to the growing customer expectations, and the pressures of nonprofit organizations and institutions (Evans et al, 2017). …”

Section: Business Model For Sustainable Innovation and Competitivenessmentioning

confidence: 99%

Understanding sustainable innovation: A systematic literature review

Cillo

Petruzzelli

Ardito

et al. 2019

Corp Soc Responsibility Env

337

226

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In order to adhere to the concept of sustainable development, firms are increasingly expected to develop innovations that reconcile economic, environmental, and social goals (i.e., sustainable innovations). However, achieving this goal is not straightforward, and although several studies have attempted to improve our understanding of sustainable innovation, a systematization of extant findings is lacking. Therefore, this paper conducts a literature review with the objective of organizing previous research regarding sustainable innovation. A systematic approach is adopted, identifying 69 relevant articles. These articles are organized according to three key perspectives: internal managerial, external relational, and performance evaluation. The results demonstrate that the first perspective, incorporating diverse managerial aspects, is the most considered, whereas the second and third perspectives remain underdeveloped. The paper concludes with suggestions for future research. KEYWORDS sustainable development, sustainable innovation, systematic literature review

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Section: Business Model For Sustainable Innovation and Competitivenessmentioning

confidence: 99%

Understanding sustainable innovation: A systematic literature review

Cillo

Petruzzelli

Ardito

et al. 2019

Corp Soc Responsibility Env

337

226

View full text Add to dashboard Cite

show abstract

“…Thus, the proximity between firms facilitates collaboration and cooperation between companies (Cooke et al, ), and as De Marchi () points out, this is a key element in the development of eco‐innovation. The greater proximity and interaction with suppliers and customers are the fundamental elements of the circular economy (Evans et al, ; Melander, ). Moreover, De Marchi () points out that the proximity to eco‐innovators allows and facilitates the diffusion of sustainable technologies and the adoption by companies of eco‐innovations.…”

Section: Theoretical Approachmentioning

confidence: 99%

The effect of regional factors in the development of eco‐innovations in the firm

2019

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This research addresses the study of the effect of regional factors in the development of eco‐innovations in the firm. We assume the hypothesis of regional heterogeneity, that is, geographical factors and the regional heterogeneity play an important role in determining the innovations in the firms. In this line, we will approach our study from the perspective of regional innovation systems (RISs). Therefore, our research question involves the evaluation of regional factors as determinants of eco‐innovation developing in the firm. To examine these questions, the PITEC database that covers the period 2011–2013 was used. Overall, 5,461 firms have been employed for the ordinal logit regression model. This research contributes to the studies of eco‐innovation, extending the investigation into drivers of eco‐innovation, and highlights the impact that RIS has on the eco‐innovative development in the firm. We find that regional interaction and regional characteristics are key elements for the development of eco‐innovation in firms. Thus, the density of companies in the region, the regional per capita income, and the existence of financing mechanisms are key elements for the eco‐innovative development in the firm.

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“…However, there is limited theoretical and empirical knowledge on this phenomenon of interest (Reefke and Sundaram 2016;Evans et al 2017).…”

Section: Introductionmentioning

confidence: 99%

Product-service systems business models for circular supply chains

Yang

Smart

Kumar

et al. 2018

Production Planning & Control

Self Cite

151

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Shifting supply chains from linear to closed-loop models is an important step towards circular economy. This paper investigates business model innovation for circular supply chains, and proposes that productservice systems (PSS) business models can enhance the circularity of supply chains through value creation in inner circles, circling long and cascading use circles. It adopts an exploratory case study method of a large Chinese manufacturing firm operating a traditional product-based business model and three types of PSS business models (i.e. product-, use-and result-oriented PSSs). The supply chain operations of the four distinct business models are analysed and their associated circularities are discussed. The findings show that business models akin to result-oriented PSS, have tighter and more efficient cycles of supply chain operations; which means, the repair, reuse and remanufacturing system is faster and the rate is higher. This research contributes to a better understanding of the relationship between business model innovation and supply chain circularity.

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Business Model Innovation for Sustainability: Towards a Unified Perspective for Creation of Sustainable Business Models

Cited by 861 publications

References 85 publications

Understanding sustainable innovation: A systematic literature review

Understanding sustainable innovation: A systematic literature review

The effect of regional factors in the development of eco‐innovations in the firm

Product-service systems business models for circular supply chains

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