Towards Systematic Sustainable Business Model Innovation: What Can We Learn from Business Model Innovation

Abstract

This research aims to understand how sustainable business model innovation (SBMI) can learn from business model innovation. For this, first, we conducted a bibliometric analysis to evaluate the relationships between business model innovation and SBMI literature. After this, we performed a systematic literature review to create a comprehensive framework for managing SBMI. The bibliometric analysis showed that the SBMI stream grew quickly and significantly in recent years, evolving into a separated new research stream, which does not leverage recent business model innovation advancements. Through the performed analyses, we were able to discuss critical gaps in the SBMI literature and shed light on possible pathways to solve these gaps through lessons learned from business model innovation. We depicted five critical gaps for managing SBMI; (1) the need to understand the sustainable business model as a wicked problem, in which SBMI leads to “better than before” solutions calling for systematic SBMI, (2) the poor definition of distinctive dimensions of dynamic capabilities for SBMI, (3) the lack of studies exploring the role of open innovation for improving the SBMI process, (4) the lack of tools supporting SBMI implementation and (5) the need to explore game-changing, competitive advantages of SBMI. The findings of this study contribute to guiding future research on SBMI, which can be a basis for further efforts towards sustainable development.

Pengaruh Organizational Culture dan Strategic Orientation Terhadap Organizational Performance Pelaku Usaha Mikro Kecil dan Menengah (UMKM) yang Dimediasi oleh Innovation Capability

“…Artinya, semakin tinggi orientasi strategis dalam suatu organisasi, maka semakin tinggi pula kinerja organisasinya yang dimediasi oleh kemampuan inovasi. Hasil ini mendukung temuan dari penelitian yang dilakukan oleh Minatogawa et al (2022), yang menunjukkan bahwa organisasi dapat menciptakan dan mempertahankan keunggulan kompetitif serta memperoleh keuntungan melalui implementasi orientasi strategis. Berbagai studi empiris juga menunjukkan hubungan yang signifikan antara orientasi strategis dan kinerja organisasi.…”

Challenges of business models for sustainability in startups

“…A research stream is focused on proposing tools to help organizations with business model innovation for sustainability, as they need to create a sustainable value proposition (Minatogawa et al , 2022). Studies have proposed practical tools to support sustainable capability integration, such as the business model canvas (Osterwalder & Pigneur, 2010), the three-layer business model canvas (Joyce & Paquin, 2016), the evolutionary processes of sustainable entrepreneurship (Schaltegger, Lüdeke-Freund & Hansen, 2016), the value ideation process (Geissdoerfer, Bocken & Hultink, 2016) and the sustainability-driven service innovation (SOSI) (Calabrese, Forte & Ghiron, 2018).…”

Design Options for Sustainable and Open Business Models: A Taxonomy-Based Analysis

“…This merging creates a framework that recognizes and emphasizes the need for a collective effort to solve complex sustainability problems [24,25]. A key aspect of the SOBM is the role of an open innovation culture that encourages collaboration between different stakeholders [24], the sharing of knowledge and expertise, experimentation and risk-taking [24,[26][27][28][29]. Furthermore, the diverse perspectives and competencies create a basis for the joint development and implementation of solutions that are economically as well as ecologically and socially sustainable [24,26].…”

“…A key aspect of the SOBM is the role of an open innovation culture that encourages collaboration between different stakeholders [24], the sharing of knowledge and expertise, experimentation and risk-taking [24,[26][27][28][29]. Furthermore, the diverse perspectives and competencies create a basis for the joint development and implementation of solutions that are economically as well as ecologically and socially sustainable [24,26]. By integrating the principles of openness and sustainability, SOBMs offer a promising perspective for tackling the complex challenges of our time [30,31] and promote a sense of shared responsibility for sustainable transformation within an ecosystem [10].…”