Research on Sustainable Business Model Patterns: Status quo, Methodological Issues, and a Research Agenda

Lüdeke‐Freund, Florian; Bohnsack, René; Breuer, Henning; Massa, Lorenzo

doi:10.1007/978-3-319-93275-0_2

Cited by 29 publications

(40 citation statements)

References 37 publications

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“…However, far too little attention has been paid to the importance of the role of the business models in achieving the sustainability goals in the banking sector whilst many researchers consider the business models as tools for implementing the strategies (e.g., [32,33]), therefore, designing an SBM provides the opportunities for the banks to execute their sustainability strategies. An SBM is a tool that incorporates multi-stakeholder benefits and innovation to create and deliver sustainable values to implement the principles of sustainability and make money simultaneously [34]. The phrase of multistakeholder is similar to the triple bottom line where the stakeholders are the environment, society and business owners (shareholders) [34].…”

Section: Introductionmentioning

confidence: 99%

Sustainable Banking; Evaluation of the European Business Models

et al. 2020

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Sustainability has become one of the challenges of today's banks. Since sustainable business models are responsible for the environment and society along with generating economic benefits, they are an attractive approach to sustainability. Sustainable business models also offer banks competitive advantages such as increasing brand reputation and cost reduction. However, no framework is presented to evaluate the sustainability of banking business models. To bridge this theoretical gap, the current study using A Delphi-Analytic Hierarchy Process method, firstly, developed a sustainable business model to evaluate the sustainability of the business model of banks. In the second step, the sustainability performance of sixteen banks from eight European countries including Norway, , assessed. The proposed business model components of this study were ranked in terms of their impact on achieving sustainability goals. Consequently, the proposed model components of this study, based on their impact on sustainability, are respectively value proposition, core competencies, financial aspects, business processes, target customers, resources, technology, customer interface, and partner network. The results of the comparison of the banks studied by each country disclosed that the sustainability of the Norwegian and German banks' business models is higher than in other counties. The studied banks of Hungary and Spain came in second, the banks of the UK, Poland, and France ranked third, and finally, the Italian banks ranked fourth in the sustainability of their business models.

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Section: Introductionmentioning

confidence: 99%

Sustainable Banking; Evaluation of the European Business Models

et al. 2020

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“…In this prolific research background, one of the most promising lines of inquiry relates to BMs for sustainability (or sustainability‐oriented BMs, or simply sustainable BMs—these notions are abbreviated in the following as “BMfS”), that is currently experiencing a heated debate among scholars (Bocken, Short, Rana, & Evans, ; Boons & Lüdeke‐Freund, ; Dentchev et al, ; Lüdeke‐Freund, Bohnsack, Breuer, & Massa, ; Schaltegger, Hansen, & Lüdeke‐Freund, ; Upward & Jones, ). BMfS are defined as BMs incorporating concepts, principles, or goals that aim at sustainability, or integrating sustainability into their value proposition, value creation and delivery activities, and/or value capture mechanisms (Bocken et al, ; Boons & Lüdeke‐Freund, ; Geissdoerfer, Vladimirova, & Evans, ).…”

Section: Introductionmentioning

confidence: 99%

“…Recent studies highlighting the relevance of BMfS explored the state of the art in this research field, thus bringing out principles, criteria, and tools related to BMfS development, as well as design requirements, methodological gaps, and shortcomings of the extant modeling approaches (Breuer, Fichter, Lüdeke-Freund, & Tiemann, 2018;Dentchev et al, 2018;Lüdeke-Freund et al, 2019). Attempts to deal with these requirements and criticisms have resulted in valuable approaches for designing BMfS, such as the triple layer BM canvas (TLBMC; Joyce & Paquin, 2016) and the value mapping tool (Bocken, Short, Rana, & Evans, 2013).…”

Section: Introductionmentioning

confidence: 99%

Dynamic business modeling for sustainability: Exploring a system dynamics perspective to develop sustainable business models

2019

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In the last decade, business models for sustainability have gained increasing attraction by corporate sustainability scholars with international conferences and scientific journals encouraging the development of the debate on their design, use and innovation processes. Capitalizing on the basic principles, requirements, and methodological limitations found in the literature on sustainability-oriented business model design, this paper aims to conceptualize a dynamic business modeling for sustainability approach, which combines an adapted sustainable business model canvas and system dynamics modeling. To this end, the paper also illustrates the key operating principles of the proposed approach through an exemplary application to Patagonia's business model. Findings suggest that dynamic business modeling for sustainability may contribute to sustainable business model research and practice by introducing a systemic design tool, which frames environmental, social, and economic drivers of value generation into a dynamic business model causal feedback structure, thus overcoming methodological gaps of the extant business model design tools. KEYWORDSbusiness model design, business models for sustainability, dynamic business modeling, sustainability, system dynamics modeling

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“…However, far too little attention has been paid to the importance of the role of the business models in achieving the sustainability goals in the banking sector whilst many researchers consider the business models as tools for implementing the strategies (e.g., [32,33]), therefore, designing an SBM provides the opportunities for the banks to execute their sustainability strategies. An SBM is a tool that incorporates multi-stakeholder benefits and innovation to create and deliver sustainable values to implement the principles of sustainability and make money simultaneously [34]. The phrase of multi-stakeholder is similar to the triple bottom line where the stakeholders are the environment, society and business owners (shareholders) [34].…”

Section: Introductionmentioning

confidence: 99%

“…An SBM is a tool that incorporates multi-stakeholder benefits and innovation to create and deliver sustainable values to implement the principles of sustainability and make money simultaneously [34]. The phrase of multi-stakeholder is similar to the triple bottom line where the stakeholders are the environment, society and business owners (shareholders) [34]. Therefore, Nosratabadi et al [1] argue that an SBM is designed in a way to meet the benefits of the environment, society and the business (economic benefit of a business) simultaneously.…”

Section: Introductionmentioning

confidence: 99%

Sustainable Banking; Evaluation of the European Business Models

Nosratabadi

Pintér

Mosavi³

et al. 2020

SSRN Journal

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Sustainability has become one of the challenges of today's banks. Since sustainable business models are responsible for the environment and society along with generating economic benefits, they are an attractive approach to sustainability. Sustainable business models also offer banks competitive advantages such as increasing brand reputation and cost reduction. However, no framework is presented to evaluate the sustainability of banking business models. To bridge this theoretical gap, the current study using A Delphi-Analytic Hierarchy Process method, firstly, developed a sustainable business model to evaluate the sustainability of the business model of banks. In the second step, the sustainability performance of sixteen banks from eight European countries including Norway, , assessed. The proposed business model components of this study were ranked in terms of their impact on achieving sustainability goals. Consequently, the proposed model components of this study, based on their impact on sustainability, are respectively value proposition, core competencies, financial aspects, business processes, target customers, resources, technology, customer interface, and partner network. The results of the comparison of the banks studied by each country disclosed that the sustainability of the Norwegian and German banks' business models is higher than in other counties. The studied banks of Hungary and Spain came in second, the banks of The UK, Poland, and France ranked third, and finally, the Italian banks ranked fourth in the sustainability of their business models.

show abstract

Research on Sustainable Business Model Patterns: Status quo, Methodological Issues, and a Research Agenda

Cited by 29 publications

References 37 publications

Sustainable Banking; Evaluation of the European Business Models

Sustainable Banking; Evaluation of the European Business Models

Dynamic business modeling for sustainability: Exploring a system dynamics perspective to develop sustainable business models

Sustainable Banking; Evaluation of the European Business Models

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