Disruptive innovation and circularity in start‐ups: A path to sustainable development

2021 ◽  
Author(s):  
Simone Sehnem ◽  
Tais Provensi ◽  
Tiago Hilário Hennemann Silva ◽  
Susana Carla Farias Pereira
Keyword(s):  
Sustainable Development ◽  
Disruptive Innovation ◽  
Start Ups

Utilization of Online Platforms by Social Entrepreneurs for Social Sustainable Development

2019 ◽  
pp. 75-102
Author(s):  
Anja Herrmann-Fankhänel
Keyword(s):  
Sustainable Development ◽  
Market Orientation ◽  
Social Enterprise ◽  
Resource Dependence ◽  
Social Innovation ◽  
Social Enterprises ◽  
Social Entrepreneurs ◽  
Online Platforms ◽  
The Social ◽  
Start Ups

Socially sustainable development can be driven by individuals, entrepreneurs, growing start-ups, and international companies. As social entrepreneurs, people opt for a form of organization that contributes to social improvement through entrepreneurial means. The question is: How do they do it? The resource dependence approach (RDA) assumes that all decisions and activities of a (social) enterprise are based on information about its environment. Therefore, the four key components of the social enterprise (individual, organization, social innovation, market orientation) must be appropriate. In this chapter, therefore, social enterprises are outlined as active participants and shapers of the economy and society. Since an active improvement with regard to socially sustainable development is focused by the social enterprises in Africa, a description of the social enterprise's environment is also given within the framework of topical focuses. The goal is to derive recommendations about action for social enterprises to achieve their goals.

scholarly journals Drivers for Sustainable Business Models in Start-Ups: Multiple Case Studies

2019 ◽  
Vol 11 (24) ◽  
pp. 6884 ◽  
Author(s):  
Cosmina Lelia Voinea ◽  
Marcel Logger ◽  
Fawad Rauf ◽  
Nadine Roijakkers
Keyword(s):  
Case Studies ◽  
Business Models ◽  
Investment Decision ◽  
Disruptive Innovation ◽  
Business Values ◽  
Start Up ◽  
Multiple Case ◽  
Multiple Case Studies ◽  
Start Ups ◽  
Csr Engagement

Mechanisms that large organizations employ to facilitate corporate social responsibility (CSR) engagement simply do not apply to start-ups due to distinct differences. The purpose of this study was to gain insight into how start-ups strive for sustainability in their business models by investigating internal and external drivers related to organizational processes, managerial characteristics, and stakeholder expectations. We explored key factors such as decision-making regarding CSR engagement, business values about sustainability, entrepreneurial orientation, and the relevance of the CSR theater (philanthropic orientation, disruptive innovation, or transforming the ecosystem). Multiple case studies and interview data elucidated how start-ups engage with their community and stakeholders to determine the best approach to sustainability demands, how start-ups embed sustainability practices within their business models, and how these practices match with the entrepreneurs’ personalities. On the basis of our case studies and data analysis, we propose that the decision to engage in CSR is treated as an investment decision. The business values of a start-up determine its CSR engagement. The philanthropic drive of a start-up determines its CSR initiatives, which are then in line with the field the start-up is operating in. Entrepreneurs’ willingness to adopt CSR practices is determined by their personalities and organizational expertise and experiences. CSR engagement within the business models of start-ups is based on a combination of financial and social capital, while financial benefits act as a continuous motivator for CSR engagement from inception.

scholarly journals Promotion and Development of “Start-ups” Through Corporate Social Responsibility Initiatives in India

2021 ◽  
pp. 68-73
Author(s):  
L. Murali Krishnan ◽  
N. Kumarasamy ◽  
S. Oliyarasan ◽  
Sukanaya Barua ◽  
Quadri Javeed Ahmad Peer ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Economic Systems ◽  
Indian Economy ◽  
Nutrition Security ◽  
Start Up ◽  
Food And Nutrition ◽  
Development Goals ◽  
Corporate Social ◽  
Start Ups ◽  
And Robotics

Indian economy is a fifth largest developing economy. It has been grown in between the periods of time (1991 – 2016) India’s GDP stood at Rs 5,862,120 million in 1991 and in 2016 it was at Rs 1,35,760,860 million economy with 2, 216 percent growth. At the same time, global disparities are growing with industrially and technologically more advanced countries by accessing the ever increased digital technologies, online platforms, data analytics, automation and robotics and capitalizing the globalized opportunities. Hence, as a second highly populated country like India should access the technologies to promote various start-ups in to globalized established corporations for economic development and to be the second largest economy in the world by 2050. The start-ups support and help to absorb productive resources at all levels of the economy. It contributes to the creation of resilient economic systems in which start-ups ecosystems and small and large firms are interlinked. Such increasing linkages support, attract foreign direct investment and investing transnational corporations seek reliable domestic suppliers for their supply chains. In agriculture and allied sector start-ups also have a potential to empower millions of farmers and farm women to address the food and nutrition security, livelihood security and other sustainable development goals. But still funding activities are the biggest driving factors in the start-up ecosystem. Hence, appropriate funds and other assistance may enrich the start-up ecosystem to boost up the Indian economy in the globalized platforms. So, the CSR funds plays very important source to capitalize the start-up ecosystem in to sustainable development based economic ecosystems.

scholarly journals The Effect of Incremental Innovation and Disruptive Innovation on the Sustainable Development of Manufacturing in China

SAGE Open ◽  
2019 ◽  
Vol 9 (1) ◽  
pp. 215824401983270
Author(s):  
Bingqiang Li ◽  
Lei Huang
Keyword(s):  
Sustainable Development ◽  
Manufacturing Industry ◽  
National Level ◽  
Disruptive Innovation ◽  
Incremental Innovation ◽  
The Sustainable Development ◽  
Medium Development ◽  
Innovation Ability ◽  
Governmental Intervention ◽  
Underdeveloped Region

Innovation is an important driver for the promotion of manufacturing, and governmental intervention could significantly affect the development of innovation and manufacturing in China. The purpose of this article was to reveal different modes of innovation regarding the development of manufacturing in China. A theoretical model was used to analyze the effects of incremental innovation and disruptive innovation on the sustainable development of the manufacturing industry from the aspect of the industry’s ability to survive under governmental intervention; a corresponding empirical analysis was performed from perspectives of the whole nation and various regions using a panel data model. The results demonstrated that the promotion of the incremental innovation ability was not beneficial to enhance the ability to survive and that the effect of disruptive innovation was the opposite from the aspect of national level. The influencing directions of various innovation modes in the developed region and the underdeveloped region coincided generally with those at the national level but achieved larger effects individually, with stronger effects occurring in the underdeveloped region compared with those in the developed region, while opposite effects occurring in the region with medium development.

scholarly journals How to Green the red Dragon: A Start-ups' Little Helper for Sustainable Development in China

2015 ◽  
Vol 25 (8) ◽  
pp. 593-608 ◽  
Author(s):  
Henk J. Steinz ◽  
Frank J. Van Rijnsoever ◽  
Frans Nauta
Keyword(s):  
Sustainable Development ◽  
Start Ups

scholarly journals Digital Transformation and Disruption of the Health Care Sector: Internet-Based Observational Study (Preprint)

2017 ◽  
Author(s):  
Maximilian Herrmann ◽  
Philip Boehme ◽  
Thomas Mondritzki ◽  
Jan P Ehlers ◽  
Stylianos Kavadias ◽  
...  
Keyword(s):  
Health Care ◽  
Quality Of Care ◽  
Business Models ◽  
Balance Sheet ◽  
Disruptive Innovation ◽  
Digital Transformation ◽  
Health Care Sector ◽  
Start Up ◽  
Start Ups

BACKGROUND Digital innovation, introduced across many industries, is a strong force of transformation. Some industries have seen faster transformation, whereas the health care sector only recently came into focus. A context where digital corporations move into health care, payers strive to keep rising costs at bay, and longer-living patients desire continuously improved quality of care points to a digital and value-based transformation with drastic implications for the health care sector. OBJECTIVE We tried to operationalize the discussion within the health care sector around digital and disruptive innovation to identify what type of technological enablers, business models, and value networks seem to be emerging from different groups of innovators with respect to their digital transformational efforts. METHODS From the Forbes 2000 and CBinsights databases, we identified 100 leading technology, life science, and start-up companies active in the health care sector. Further analysis identified projects from these companies within a digital context that were subsequently evaluated using the following criteria: delivery of patient value, presence of a comprehensive and distinctive underlying business model, solutions provided, and customer needs addressed. RESULTS Our methodological approach recorded more than 400 projects and collaborations. We identified patterns that show established corporations rely more on incremental innovation that supports their current business models, while start-ups engage their flexibility to explore new market segments with notable transformations of established business models. Thereby, start-ups offer higher promises of disruptive innovation. Additionally, start-ups offer more diversified value propositions addressing broader areas of the health care sector. CONCLUSIONS Digital transformation is an opportunity to accelerate health care performance by lowering cost and improving quality of care. At an economic scale, business models can be strengthened and disruptive innovation models enabled. Corporations should look for collaborations with start-up companies to keep investment costs at bay and off the balance sheet. At the same time, the regulatory knowledge of established corporations might help start-ups to kick off digital disruption in the health care sector.

scholarly journals “How much is this worth?” Humana’s Chief Innovation Officer Explains Why This is the Wrong Question

10.28945/3752 ◽  
2017 ◽  
Vol 1 ◽  
pp. 031-038
Author(s):  
Troy Montgomery
Keyword(s):  
Service Providers ◽  
Innovation Process ◽  
Disruptive Innovation ◽  
Business Leaders ◽  
Health And Wellness ◽  
Large Organization ◽  
New Ideas ◽  
Innovation Approach ◽  
Health Data Analytics ◽  
Start Ups

Chris Kay, Humana’s Chief Innovation Officer, shared insights into the innovation decision-making process. Kay discussed specific strategies employed by Humana to bring consumer insights to action and he shared examples of the development of innovation ideas. “The first, and most often wrong, question is, ‘How much is this worth?’” Chris Kay, the Chief Innovation Officer at the $50B health and wellness company Humana, shared his perspective on the criteria in selecting innovation ideas. Business leaders have a tendency to examine how much an innovation is worth in the early phases of innovation, but Kay argued organizations should focus measurements on customer desirability. During a one hour interview Kay discussed a number of interesting innovation topics including why asking “How much is this worth?” is the wrong question to ask early in the innovation process. Kay confirmed that the majority of value is created in understanding the customer experience and innovating around it. At Humana early metrics concentrate on experiential measures of member health. Experiential measures are driven by research and based on customer insights and unmet needs. Kay also discussed the importance of Co-creation, an innovation approach where Humana partners with smaller startup companies on new ideas. Humana’s innovation team seeks the best and brightest venture capital backed start-ups to form partnerships. Creating a shared view of success allows both the partner and Humana to capture knowledge, build value, and learn from failures. Decisions on these disruptive innovation ideas are typically made by a team of external partners, advisors, and leaders outside of Humana’s established lines of business. Innovation at Humana also occurs internal to the organization. Humana is a diverse health and wellness company with lines of business including health insurance, health data analytics, pharmacy, and healthcare service providers. Kay highlights the importance of working across horizontal lines of business in such a large organization to minimize the effects of innovating in silos. Working off of horizontal platforms allows the company to take advantage of diverse resources to gain synergies when pursuing innovation ideas. Innovation across horizontals also increases transparency and allows Humana to build a portfolio of innovation ideas.

scholarly journals Development of Entrepreneurial Ecosystem through University’s New Companies

2019 ◽  
Author(s):  
Aleksandar Vekić ◽  
Jelena Borocki ◽  
Angela Fajsi
Keyword(s):  
Sustainable Development ◽  
Economic Activity ◽  
Research Question ◽  
Developed Countries ◽  
Business Environment ◽  
Entrepreneurial Activity ◽  
Entrepreneurial Ecosystem ◽  
Novi Sad ◽  
The University ◽  
Start Ups

Research Question: This paper explores the potential of new start-ups and spin-offs within the university capacity and their impact on the process of creating an entrepreneurial ecosystem. Motivation: The research presented in this paper is motivated by the desire to analyse the role of university in entrepreneurial ecosystem based on the real case of the University of Novi Sad. An insight into relevant literature sources revealed that there exists a large influence of university’s new companies in developing the entire business environment and business sustainability. This example could be relevant to similar universities in the other developing countries, because current literature covers only examples from developed countries. One of this is a research paper conducted by the Stanford University under the name “An analysis of the entrepreneurial activity of the Stanford community over 50 years”. Idea: The main idea is to present the importance of University’s new companies in creating an entrepreneurial ecosystem, and their impact on the creation of economic activity and sustainable development. Data: This research includes economic activity data of business entities at the University of Novi Sad. This paper presents data on new companies within the University of Novi Sad in the period 1990-2015 which were available, as well as data on companies in the territory of the Republic of Serbia, Vojvodina region and the City of Novi Sad. In this analysis, 123 companies from the University of Novi Sad were included. Tools: In this paper comparative statistics was used based on collected data of the total number of companies and the number of employees according to company’s size and geographical location. For the purpose of this research, we used interactive internet portals Trading Economics and IvanStat. Findings: According to the analysis, the University of Novi Sad is a prominent example of the establishment and operation of new companies founded within it. The percentage of companies that have survived in the observed period is high and it is approximately 63%. Contribution: This paper gives us an overview of newly founded companies (start-ups and spin-offs) within the University of Novi Sad, especially focusing on economic activity and creating conditions for sustainable development.

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