| Title | Sustainable business models and innovation strategies to realize them: A review of 87 empirical cases |
|---|---|
| ID_Doc | 33830 |
| Authors | Mignon, I; Bankel, A |
| Title | Sustainable business models and innovation strategies to realize them: A review of 87 empirical cases |
| Year | 2023 |
| Published | Business Strategy And The Environment, 32, 4 |
| Abstract | The importance of developing sustainable business models has recently received increased interest in society and among scholars. While firms attempt to innovate their business models towards sustainability or create new businesses to address sustainability issues, it becomes clear that there is no one-size-fits-all model when it comes to sustainable business models. Consequently, firms often struggle to identify, develop, and implement sustainable business models that suit them. This paper aims to address this problem by drawing on the wealth of recently published empirical studies and reviewing 87 cases where firms have performed business model innovation to achieve sustainable business models. Four main sustainable business models are identified that have been achieved through different business model innovation strategies. The review contributes to managers by offering a portfolio of strategies to achieve sustainable business models and to research by clarifying the relation between the business model innovation and sustainable business model concepts. |
| https://onlinelibrary.wiley.com/doi/pdfdirect/10.1002/bse.3192 |
Similar Articles
| ID | Score | Article |
|---|---|---|
33951
|
Geissdoerfer, M; Vladimirova, D; Evans, S Sustainable business model innovation: A review(2018) | |
| 33844
|
Boons, F; Lüdeke-Freund, F Business models for sustainable innovation: state-of-the-art and steps towards a research agenda(2013) | |
| 33930
|
Evans, S; Vladimirova, D; Holgado, M; Van Fossen, K; Yang, MY; Silva, EA; Barlow, CY Business Model Innovation for Sustainability: Towards a Unified Perspective for Creation of Sustainable Business Models(2017)Business Strategy And The Environment, 26, 5 | |
| 33984
|
Bocken, NMP; Short, SW; Rana, P; Evans, S A literature and practice review to develop sustainable business model archetypes(2014) | |
| 33872
|
Hope, A Sustainable Business Model Design: A Review of Tools for Developing Responsible Business Models(2018) | |
| 25460
|
Sinkovics, N; Gunaratne, D; Sinkovics, RR; Molina-Castillo, FJ Sustainable Business Model Innovation: An Umbrella Review(2021)Sustainability, 13, 13 | |
| 34042
|
Schroedel, S The Sustainable Business Model Database: 92 Patterns That Enable Sustainability in Business Model Innovation(2023)Sustainability, 15, 10 | |
| 33855
|
Lozano, R Sustainable business models: Providing a more holistic perspective(2018)Business Strategy And The Environment, 27, 8 | |
| 34409
|
Geissdoerfer, M; Vladimirova, D; Van Fossen, K; Evans, S Product, service, and business model innovation: A discussion(2018) | |
| 33908
|
Bradley, P; Parry, G; O'Regan, N A framework to explore the functioning and sustainability of business models(2020) |