Sustainable business models and eco-innovation: A life cycle assessment

Barbieri, Renata; Santos, David Ferreira Lopes

doi:10.1016/j.jclepro.2020.121954

Cited by 62 publications

(40 citation statements)

References 28 publications

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“…On the other hand, SMEs face barriers to developing eco-innovation practices; these can be government policies, high costs, demanding markets, and lack of knowledge [6,57]. However, companies that manage to break down these barriers and become sustainable and innovative can obtain many organizational and financial benefits [57,58]. From the previous context, the following hypotheses arise:…”

Section: Open Innovation Eco-innovation and Corporate Performancementioning

confidence: 99%

Technological Capabilities, Open Innovation, and Eco-Innovation: Dynamic Capabilities to Increase Corporate Performance of SMEs

Valdez-Juárez

Castillo-Vergara

2021

Journal of Open Innovation: Technology, Market, and Complexity

106

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Currently, small and medium enterprises (SMEs) play a leading role in most of the world’s economies. For this reason, they seek technological competitiveness and improvement of their innovation activities. In this context, open innovation and eco-innovation are important elements to achieve these goals. With this background, the purpose of this paper is to analyze the relationship between technological capability, open innovation, and eco-innovation in corporate performance, testing a structural equation model using SmartPLS in a sample of 684 small and medium-sized companies in Mexico. The main results show that technological capability significantly influences open innovation and eco-innovation practices, not directly in corporate performance, but through open innovation or eco-innovation. Our results also confirm the positive effects that eco-innovation and open innovation have on SMEs’ corporate performance. These results have important implications in the literature on dynamic capabilities that have not been previously tested. For companies and decision-makers, it shows why these practices in small and medium-sized companies should be encouraged.

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Section: Open Innovation Eco-innovation and Corporate Performancementioning

confidence: 99%

Technological Capabilities, Open Innovation, and Eco-Innovation: Dynamic Capabilities to Increase Corporate Performance of SMEs

Valdez-Juárez

Castillo-Vergara

2021

Journal of Open Innovation: Technology, Market, and Complexity

106

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“…In some articles, single indicators are directly associated to sustainability dimensions [34,45], e.g., for social performance the indicator accidents at work, for economic performance the ROI, and for ecological performance the GHG emissions are used as indi-cators for evaluation [34]. This enables a holistic view and it is easier to ensure that all three dimensions are addressed adequately.…”

Section: Utility Value Analysismentioning

confidence: 99%

Sustainability-Oriented Business Model Evaluation—A Literature Review

2021

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Since the need of sustainable development is indisputable, companies are forced to strive for resources, processes, and products that are sustainable. Thus, their business models as the main representation of their activities should be designed in an ecologically, economically, and socially beneficial way. However, designing and developing sustainable business models is closely linked to their evaluation. Sustainable business model evaluation as a vital part of business model development has been addressed in literature in the past with increasing frequency. As a consequence, the plethora of different approaches of sustainability-oriented business model evaluation calls for a systematic literature review. Thus, in this study, we reviewed existing articles on sustainability-oriented business model evaluation and identified four main categories of evaluation methods: single indicators (I), indicator system/framework (II), simulation-based evaluation (III), and multi criteria decision-making (IV). By analyzing and structuring the proposed approaches, their benefits and limitations are revealed, pointing out gaps and future research needs for successfully designing and evaluating business models today and in the future.

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“…Over the years, interests in eco-innovations have taken over in business. Barbieri and Santos ( 2020 ) argue that eco-innovative businesses are fundamental for the development of sustainable production and consumption in organizations of all sizes. Transforming an industry into eco-innovative businesses requires new forms of production, one of which is the implementation of “green” or “environmental” technologies, which aim to reduce or prevent pollution, optimize the use of natural resources, in addition to seeking new materials, processes, and products that generate less impact on the environment, and meet human needs and provide quality of life (García-Granero et al 2018 ).…”

Section: Theoretical Frameworkmentioning

confidence: 99%

“…In general, studies on eco-innovations characterize them as new or improved products, processes, or services, which can meet human needs and provide quality of life, while significantly reducing environmental impacts, as well as enhancing development sustainable production, and consumption in organizations of all sizes (Isa et al 2019;Barbieri and Santos 2020), aiming at the sustainable business performance (García-Granero et al 2020). It should also be noted that eco-innovations provide a dynamic of knowledge generation and diffusion that determines the direction and selection of paradigms and technological trajectories, to be adopted, sometimes causing the discontinuity of a technology that was hitherto dominant.…”

Section: Introductionmentioning

confidence: 99%