2019
DOI: 10.1002/csr.1790
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Sustainable business model innovation and acceptance of its practices among Spanish entrepreneurs

Abstract: Sustainable business model innovation debate is mostly focusing on the use of certain practices and tools to implement sustainable objectives in new firms. Our paper contributes to this debate examining the factors influencing the entrepreneur's election of the practices to develop sustainable business model innovation (SBMI). We conducted an empirical analysis on a population of Spanish entrepreneurs (N = 234) and applied a sound behavioral framework and the PLS-SEM algorithms to factor out those elements. On… Show more

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Cited by 33 publications
(34 citation statements)
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References 59 publications
(131 reference statements)
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“…The study model was analyzed using partial least squares SEM (PLS-SEM) with the help of SmartPLS Version 3.2, one of the most popular statistical software (Ringle, Wende, & Becker, 2015). PLS-SEM has been widely used in marketing and management studies (Andalib Ardakani & Soltanmohammadi, 2019;Bernal-Conesa, de Nieves Nieto, & Briones-Peñalver, 2017;Afzal, Shao, Sajid, & Afzal, 2018;Farrukh, Ting, Shahzad, & Hua, 2018;Farrukh, Lee, Sajid, & Waheed, 2019;Farrukh, Sajid, Zareen, & Khalid, 2019;Khan, Ali, Olya, Zulqarnain, & Khan, 2018;Peralta, Carrillo-Hermosilla, & Crecente, 2019;Ramesh, Saha, Goswami, & Dahiya, 2019). Moreover, PLS-SEM approach is recommended when the theoretical underpinning about a topic is limited.…”
Section: Discussionmentioning
confidence: 99%
“…The study model was analyzed using partial least squares SEM (PLS-SEM) with the help of SmartPLS Version 3.2, one of the most popular statistical software (Ringle, Wende, & Becker, 2015). PLS-SEM has been widely used in marketing and management studies (Andalib Ardakani & Soltanmohammadi, 2019;Bernal-Conesa, de Nieves Nieto, & Briones-Peñalver, 2017;Afzal, Shao, Sajid, & Afzal, 2018;Farrukh, Ting, Shahzad, & Hua, 2018;Farrukh, Lee, Sajid, & Waheed, 2019;Farrukh, Sajid, Zareen, & Khalid, 2019;Khan, Ali, Olya, Zulqarnain, & Khan, 2018;Peralta, Carrillo-Hermosilla, & Crecente, 2019;Ramesh, Saha, Goswami, & Dahiya, 2019). Moreover, PLS-SEM approach is recommended when the theoretical underpinning about a topic is limited.…”
Section: Discussionmentioning
confidence: 99%
“…An accepted definition of sustainability acknowledges the presence of three main components: economic or financial, social, and environmental sustainability (Dal Mas, 2019; Massaro, Dumay, Garlatti, & Dal Mas, 2018; Wasiluk, 2013). The literature shows great interest in understanding the sustainability drivers, as means toward a more sustainable‐oriented state (Lozano, 2015; Peralta, Carrillo‐Hermosilla, & Crescente, 2019), and a stimulus for corporate entrepreneurship (Mahfuz Ashraf et al, 2019; Morrish, Miles, & Polonsky, 2011). The recent introduction of UN's 17 SDGs has pushed organizations even more to the need to merge sustainability into their businesses (Poddar, Narula, & Zutshi, 2019; Presch, Dal Mas, Piccolo, Sinik, & Cobianchi, 2020; Rosati & Faria, 2019; Secundo, Ndou, Del Vecchio, & De Pascale, 2020; Tsalis, Malamateniou, Koulouriotis, & Nikolaou, 2020).…”
Section: Literature Review and Research Questionmentioning
confidence: 99%
“…While the importance of sustainability is accepted both by academia and practitioners, the strategic implementation of sustainable business models in companies remains unclear, with researchers and practitioners struggling to propose solutions for different settings [15][16][17][18][19]. Implementing sustainability in companies on a global scale requires reliance on a holistic view, such as the shared value theory [5], which puts forward stakeholder concerns, shifting the priorities of the companies, which are now also starting to build their core business accounting for sustainability [13].…”
Section: Sustainable Business Modelsmentioning
confidence: 99%