| Title | Transforming Sustainability Challenges into Competitive Advantages for Enterprises: A Perspective of Sustainable Business Models |
|---|---|
| ID_Doc | 33918 |
| Authors | Li, W; Kang, R |
| Title | Transforming Sustainability Challenges into Competitive Advantages for Enterprises: A Perspective of Sustainable Business Models |
| Year | 2018 |
| Published | |
| Abstract | Traditional economic-oriented business models often have problems when faced with increasingly serious sustainability challenges. The advent of Industry 4.0 makes it necessary to transform sustainability challenges into competitive advantages for enterprises. Using a case study of a Chinese enterprise named GEM, this paper attempts to explore how sustainability challenges can be transformed to create competitive advantages. The research provides three conclusions: First, enterprises can transform sustainability challenges into competitive advantages by developing a sustainable business model, with environmental, social, and economic values. Second, a value proposition is the soul of the sustainable business model. Enterprises need not only focus on "how to do" but they must pay even more attention to "what to do", so it is advisable to integrate a value proposition into the enterprise strategy and business process. Finally, a sustainable value proposition consists of sustainable economic, environmental, and social values, and their individual importance varies in sustainable business models for different industries where the demand for environmental and social value is increasingly important. |
Similar Articles
| ID | Score | Article |
|---|---|---|
33938
|
Sánchez-Planelles, J; Segarra-Oña, M Reshaping Business Models with an Environmental Perspective(2019) | |
| 33894
|
Koistinen, K; Laukkanen, M; Mikkilä, M; Huiskonen, J; Linnanen, L Sustainable System Value Creation: Development of Preliminary Frameworks for a Business Model Change Within a Systemic Transition Process(2018) | |
| 33984
|
Bocken, NMP; Short, SW; Rana, P; Evans, S A literature and practice review to develop sustainable business model archetypes(2014) | |
| 77952
|
Morioka, SN; Bolis, I; Evans, S; Carvalho, MM Transforming sustainability challenges into competitive advantage: Multiple case studies kaleidoscope converging into sustainable business models(2017) | |
| 71122
|
Harris, DL; Twomey, DF The enterprise perspective: a new mind-set for competitiveness and sustainability(2010)Competitiveness Review, 20.0, 3 | |
| 34382
|
Birkin, F; Cashman, A; Koh, SCL; Liu, Z New Sustainable Business Models in China(2009)Business Strategy And The Environment, 18, 1 | |
| 25102
|
Nunes, AKD; Morioka, SN; Bolis, I Challenges of business models for sustainability in startups(2022)Rausp Management Journal, 57, 4 | |
| 33855
|
Lozano, R Sustainable business models: Providing a more holistic perspective(2018)Business Strategy And The Environment, 27, 8 | |
| 23456
|
Nosratabadi, S; Mosavi, A; Shamshirband, S; Zavadskas, EK; Rakotonirainy, A; Chau, KW Sustainable Business Models: A Review(2019)Sustainability, 11, 6 | |
| 33840
|
Comin, LC; Aguiar, CC; Sehnem, S; Yusliza, MY; Cazella, CF; Julkovski, DJ Sustainable business models: a literature review(2020)Benchmarking-An International Journal, 27, 7 |