Sustainable business models as an innovation strategy in the water sector: An empirical investigation of a sustainable product-service system

Sousa-Zomer, Thayla T.; Miguel, Paulo Augusto Cauchick

doi:10.1016/j.jclepro.2016.07.063

Cited by 91 publications

(83 citation statements)

References 37 publications

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“…The findings are supported by previous studies, which emphasized services [70,72,75] and technologies [9,[54][55][56][57][58][59][60][61] as an important solutions for the achievement of sustainability. However, the willingness to invest in new technologies was considered low, especially among the large companies.…”

Section: Discussionsupporting

confidence: 87%

“…The aim of PSS is to reduce the consumption of resources and the creation of products and services with fewer resources, less waste, and less pollution. For instance, periodic maintenance enables less waste and more effective use of natural resources [75]. Therefore, many different authors believe that the concept of PSS can be recognized as a sustainable business model [75][76][77].…”

Section: Product-service-system (Pss)mentioning

confidence: 99%

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Transition towards Sustainable Solutions: Product, Service, Technology, and Business Model

et al. 2018

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Nowadays, the horse industry can be considered as an important industry in European countries and has a major role in agricultural industry throughout the world. Although today the diversity of the horse-related companies provides new markets and business opportunities, there are also some sustainable issues which needs to be addressed. Therefore, this study contributes to this research gap by reviewing the concept of sustainability and existing approaches to find sustainable solutions for companies. These sustainable approaches can be applied to products, services and technologies as well as business models, such as the product-service-system (PSS), circular economy (CE) and industrial symbiosis (IS). Although there seems to be a growing understanding of sustainable approaches and their role in sustainable development, there is a lack of research at the empirical level regarding the types of sustainability approaches (i.e., technologies, services, products and business models) that evolve in specific industries. The empirical data in this research have been collected from a cross-section of Finnish horse industry operators to determine how willing companies are to exploit approaches to sustainable solutions, as well as what the existing sustainable solutions are in this industry. The response rate of this study is approximately 24 percent, including 139 received valid responses among the sample of 580 operators.

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Section: Discussionsupporting

confidence: 87%

Section: Product-service-system (Pss)mentioning

confidence: 99%

Transition towards Sustainable Solutions: Product, Service, Technology, and Business Model

et al. 2018

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“…Open sustainability is an important concept referring to sustainability initiatives conducted outside the focal company. The operationalization of the concept of open sustainability initiatives in this study follows the definitions of open innovation (Chesbrough, ; Ganzerla, Colapinto, & Rocco, ) and sustainable development (Laperche & Picard, ; Sáez‐Martínez, Díaz‐García, & González‐Moreno, ; Sousa‐Zomer & Cauchick Miguel, ). Based on this operationalization, open sustainability is defined as the systematic encouragement and exploration of a wide range of internal and external sources in the development of environmentally, socially, and economically sustainable technologies, services, business models, and other initiatives.…”

Section: Introductionmentioning

confidence: 99%

Sustainable development: Implications and definition for open sustainability

Ukko

Saunila

Rantala

et al. 2018

Sustainable Development

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This study deals with sustainable development from a triple bottom-line perspective, including the economic, social, and environmental dimensions. Specifically, this study investigates whether various sustainability factors are related to small businesses' intentions to exploit open sustainability, which is described as meeting sustainability challenges through the exploitation of internal and external initiatives. Empirical data were collected from 139 companies. The results show that some factors from all three sustainability dimensions affect companies' intentions to exploit open sustainability, while company size and operations type do not influence the use of open sustainability.As an emerging concept, the definition of open sustainability is presented.

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“…Much research is conducted on developing solutions for sustainable business models to manage the resource and the energy as Moschetti et al [42], Sousa-Zomer and Cauchick Miguel [43], and Zhang et al [45] propose frameworks and approaches to develop sustainable business models to provide value to the energy resources. Rossignoli and Lionzo [46] also recommend partnership network is a solution that assists businesses in the energy sector to provide sustainable value propositions.…”

Section: Discussionmentioning

confidence: 99%

“…Moschetti, Brattebø, Skeie, and Lien [42] propose an analytic process based on the execution of quantitative sustainability analyses, to transition from a traditional focus of business models on economic value and customers toward proposing, creating, and capturing sustainable values for the environment and the society. Sousa-Zomer and Cauchick Miguel [43] investigate how such a sustainable business model can support technological innovations such as decentralized approaches for water quality and quantity improvements in urban areas. Their research revealed that having a sustainable business model through close integration with customers improve consumers' acceptance, risk perception, and confidence in decentralized approaches.…”

Section: Energymentioning

confidence: 99%

Sustainable Business Models: A Review

et al. 2019

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During the past two decades of the e-commerce growth the concept of business model has become increasingly popular. More recently, the research on this realm has grown rapidly with a diverse research activity covering a wide range of application areas. Considering the sustainable development goals the innovative business models have brought a competitive advantage to improve the sustainability performance of organizations. The concept of the sustainable business model describes the rationale of how an organization creates, delivers, and captures value, in economic, social, cultural or other contexts in a sustainable way. The process of sustainable business model construction forms an innovative part of business strategy. Different industries and businesses have utilized sustainable business models' concept to satisfy their economic, environmental and social goals simultaneously. However, the success, popularity, and the progress of sustainable business models in different application domains are not clear. To explore this issue, this research provides a comprehensive review of sustainable business models literature in various application areas. Notable sustainable business models are identified and further classified in fourteen unique categories, and in every category, the progress -either failure or success-has been reviewed and the research gaps are discussed. Taxonomy of the applications includes innovation, management and marketing, entrepreneurship, energy, fashion, healthcare, agri-food, supply chain management, circular economy, developing countries, engineering, construction and real estate, mobility and transportation, and hospitality. The key contribution of this study is to provide an insight into the state of the art of sustainable business models in various application areas and future research directions. This paper concludes that popularity and the success rate of sustainable business models in all application domains have been increased along with the increasing use of advanced technologies.

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Sustainable business models as an innovation strategy in the water sector: An empirical investigation of a sustainable product-service system

Cited by 91 publications

References 37 publications

Transition towards Sustainable Solutions: Product, Service, Technology, and Business Model

Transition towards Sustainable Solutions: Product, Service, Technology, and Business Model

Sustainable development: Implications and definition for open sustainability

Sustainable Business Models: A Review

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