The journey of incumbents’ sustainable business models: unveiling the role of cognitive processes in the evolution process of business models

Author(s):  
Di Lu ◽  
Xiao-Ming Miao ◽  
Tian-tian Shang ◽  
Ting-ting Gu
Author(s):  
Wojciech Gonet

The chapter examines the scope of public administration participation in ensuring that entrepreneurs comply with the principles of sustainable development. It was found that the activities of the state administration in this regard may consist in providing entrepreneurs with the status of applying ESG and CSR principles in their activities, then checking compliance with these principles, informing consumers about the consequences of using products and services produced by the entrepreneurs using the ESG and CSR principles. It was determined that the expectation for the application of ESG and CSR principles can also apply to public administration, which in its activity can contribute to environmental protection by reducing energy consumption in various forms, as well as improving social relations by eliminating corruption.


Author(s):  
Fiorina Mugione ◽  
Fulvia Farinelli

Recognizing the role of entrepreneurship as a catalyst for development and a means to address sustainable development challenges, this chapter illustrates UNCTAD’s approach to promoting entrepreneurship from a policy perspective. It draws lessons from the implementation of UNCTAD’s Entrepreneurship Policy Framework (EPF) and reiterates the need for holistic entrepreneurship policies according to the six priority areas identified by the EPF. It also highlights how policymakers can create an enabling entrepreneurial environment which also takes into account inclusive and sustainable business models, thereby expanding opportunities for all and addressing the needs of socially disadvantaged groups. For aspiring entrepreneurs from such groups, who tend to have lower levels of entrepreneurship skills and greater difficulty in navigating the business and regulatory environment, governments need to tailor policy measures to help them manage and grow their businesses. In this way, entrepreneurship policies can contribute to the achievement of the UNGA’s 2015 sustainable development goals.


2020 ◽  
Vol 12 (3) ◽  
pp. 1190 ◽  
Author(s):  
Silvia Cantele ◽  
Sara Moggi ◽  
Bettina Campedelli

Sustainability innovation is often not achievable by a single organisation; even if changes in business operations can lead to great advances towards a more sustainable business model (SBM), the effectiveness of these implementations largely depends on the combined actions of the organisation’s network of partners. The aim of this research is to analyse the way that SBMs and partnerships co-evolve to enhance the sustainability of the involved organisations and spread sustainability culture beyond the network. In doing so, this article presents a case study of the company Alisea as a business operating within a circular business model, along with its network of partnerships. The co-evolution of the business model and partnerships is led by enabling factors that characterise the underlying relationships. The role of cross-sector collaborations is demonstrated in terms of boosting the social and environmental dimensions of the circular business model, enhancing social and economic benefits within and outside the partnerships, and spreading sustainability culture in different sectors.


2021 ◽  
Vol 38 (3) ◽  
pp. 131-146
Author(s):  
ELEONORA ANNUNZIATA ◽  
FRANCESCO RIZZI ◽  
MARCO FREY

Purpose of the paper: This paper aims to analyze how small-medium enterprises (SMEs) contribute to the development of a sustainable innovations in the energy sector such as geothermal heat pumps (GHPs) by implementing effective sustainable business models. Methodology: The study carried out an exploratory multiple case study with 8 SMEs operating in the Italian GHP market on the role of sustainable business models in supporting the development of sustainable innovations. Results: The analysis shows that sustainable business models exert a supporting function between sustainable innovation and sustainable value creation thanks to their ability to overcome the existing barriers to adopt sustainable innovations (i.e. GHP systems). This supporting role thus results from the firms’ capabilities and knowledge to assess and promote the peculiarities of selected sustainable innovation. Moreover, the analyzed business models foresee an ongoing support of customers before and after the adoption of sustainable innovation by communicating potential environmental benefits and providing additional services. Research limits: The main limitation is that the findings derive from a national case study with specific market conditions for GHPs which might influence the development of sustainable business models. Practical implications: The study supports firms aiming to develop and implement business models for boosting sustainable innovations through an effective assessment of selected sustainable innovation and dialogue with policy makers. Originality of the paper: The study opens the black box of unexplored relationships between sustainability innovations and business models by analyzing their main components (value proposition, supply chain and public institutions, customer interface and financial model).


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Chiara Acciarini ◽  
Fernando Borelli ◽  
Francesca Capo ◽  
Francesco Cappa ◽  
Chiara Sarrocco

PurposeThe purpose of this paper is to explore the role of the digitalization phenomenon in the development of innovative business models that are sustainability oriented. Thus, the authors aim to understand whether the presence of digitalization forces companies to create, capture and deliver value in new ways, focusing on their social impact.Design/methodology/approachThrough the analysis of a case study in the automotive sector, the authors provide evidence that both digitalization and sustainability need to be considered to adequately innovate business models. Moreover, these two dimensions are interrelated, and therefore digitalization sustains sustainability and vice versa.FindingsBy inductively investigating the evolutionary path along which companies tend to adapt their business models to digitalization and sustainability trends, the authors found that this innovative transformation needs to be as sustainable as possible in order to offer benefits to organizations, customers and society at large. Furthermore, the authors revealed that, at least in the automotive sector, companies and customers are aware of the remarkable consequences of digitalization; however, they are still uncertain regarding the actual adoption of new technologies.Originality/valueThe literature on business model innovation is quite extensive. However, the role of digitalization in developing sustainable business models to achieve a competitive advantage has been overlooked. This study suggests that, within a specific context, forging a value network of stakeholders is helpful when innovating a business model with a sustainability orientation.


In the globalized economy, entrepreneurship is the asset for economic development. Social Entrepreneurship works to bring positive social, economic environmental outcomes for the society. Social entrepreneurs, in the globalised economy thriving to fit into effective and efficient business through solving community based problems. A social entrepreneur has greater impact in achieving sustainable business models and approaches through addressing social and environmental problems. The fast paced growth of new digital technologies provides powerful resources for facing existing social and environmental challenges. The research paper aims to reveal the role of Social entrepreneur benefits and Challenges in developing our Economy. The research is of an empirical nature and primary data are collected using convenient sampling techniques through a structured questionnaire. The study outcome will help the social entrepreneurs to enhance their business worth and for economic development.


2021 ◽  
Vol 13 (2) ◽  
pp. 1010
Author(s):  
Antonio Marín-García ◽  
Irene Gil-Saura ◽  
María Eugenia Ruiz-Molina ◽  
Gloria Berenguer-Contrí

Currently, sustainability emerges as a key element on which the development of competitive advantages for businesses is based. In the dynamic and turbulent environment in which retail companies operate, sustainable practices are posited as an opportunity for their progress and survival. Through this article, it is intended to advance the nature and dimensions of this construct and examine its influence on store equity and consumer satisfaction. Furthermore, this work analyses the moderating effect of gender on these variables and the mediating nature of brand equity in the development of consumer satisfaction. All this is developed through a quantitative study carried out on a sample of 510 consumers of different food retail commercial formats (hypermarkets, supermarkets, and discount stores) in Spain. The technique used for data analysis is partial least squares (PLS) regression. The results show the importance of sustainability and brand equity in the development of consumer satisfaction in the retail sector, with the intensity of its effects being a gender issue. On the other hand, brand equity is positioned as a key element thanks to its mediating effect between sustainability and satisfaction. All of this points to the need to move towards more sustainable business models.


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