| Title | How digitalization supports a sustainable business model: A literature review |
|---|---|
| ID_Doc | 18312 |
| Authors | Broccardo, L; Zicari, A; Jabeen, F; Bhatti, ZA |
| Title | How digitalization supports a sustainable business model: A literature review |
| Year | 2023 |
| Published | |
| Abstract | New digital technologies are becoming widespread and have radically redefined business processes and prac-tices. Simultaneously, numerous companies are implementing sustainable business models (SBMs), expecting to integrate sustainability considerations and increase competitive advantage. These two megatrends-digitaliza-tion and sustainability-are radically changing firms. However, the relationship between digitalization and the implementation of SBMs is yet to be investigated in detail. This is a key issue, as digital tools could assist companies in transforming their current business models toward sustainability. Through a literature review, we explore the link between digitalization and SBMs, illustrating the main potential impacts of digitalization for each block of SBM and propose a list of the potential benefits that digitalized SBMs can bring. We identify these potential benefits and elaborate on them considering their economic, social, and environmental impacts. Moreover, our study identifies a potential virtuous circle generated by digitalization, while highlighting the necessary alignment of digital tools and key business factors to attain economic, social, and environmental value. |
| http://manuscript.elsevier.com/S0040162522006679/pdf/S0040162522006679.pdf |
Similar Articles
| ID | Score | Article |
|---|---|---|
34764
|
Palmié, M; Aebersold, A; Oghazi, P; Pashkevich, N; Gassmann, O Digital-sustainable business models: Definition, systematic literature review, integrative framework and research agenda from a strategic management perspective(2024) | |
| 34500
|
Acciarini, C; Borelli, F; Capo, F; Cappa, F; Sarrocco, C Can digitalization favour the emergence of innovative and sustainable business models? A qualitative exploration in the automotive sector(2022)Journal Of Strategy And Management, 15, 3 | |
| 25431
|
El Hilali, W; El Manouar, A Towards a sustainable world through a SMART digital transformation(2019) | |
| 33848
|
Gregori, P; Holzmann, P Digital sustainable entrepreneurship: A business model perspective on embedding digital technologies for social and environmental value creation(2020) | |
| 29301
|
Parida, V; Sjödin, D; Reim, W Reviewing Literature on Digitalization, Business Model Innovation, and Sustainable Industry: Past Achievements and Future Promises(2019)Sustainability, 11.0, 2 | |
| 21291
|
Maffei, A; Grahn, S; Nuur, C Characterization of the impact of digitalization on the adoption of sustainable business models in manufacturing(2019) | |
| 33895
|
Brenner, B Transformative Sustainable Business Models in the Light of the Digital ImperativeA Global Business Economics Perspective(2018)Sustainability, 10, 12 | |
| 33910
|
Li, X; Zhang, LL; Cao, JR Research on the mechanism of sustainable business model innovation driven by the digital platform ecosystem(2023) | |
| 17629
|
Rosário, AT; Dias, JC The New Digital Economy and Sustainability: Challenges and Opportunities(2023)Sustainability, 15, 14 | |
| 34281
|
Bican, PM; Brem, A Digital Business Model, Digital Transformation, Digital Entrepreneurship: Is There A Sustainable "Digital"?(2020)Sustainability, 12, 13 |