| Title | Social Capital as Value Creation and Delivery of a Sustainable Business Model: A Case Study from Indonesia |
|---|---|
| ID_Doc | 34822 |
| Authors | Bhinekawati, R; Asgha, B |
| Title | Social Capital as Value Creation and Delivery of a Sustainable Business Model: A Case Study from Indonesia |
| Year | 2018 |
| Published | |
| Abstract | This chapter clarifies the linkages between value proposition, value creation and delivery, and value capture through integration of social capital concept into a sustainable business model. Using an exploratory qualitative case study, it investigates why and how a corporation translates its sustainability strategy (value proposition) into corporate foundations that generate social capital (value creation and delivery), and sustainability performance (value capture) from 1980 to 2011. Two corporate foundations dealing with small enterprise and skilled labour development within one of Indonesia's largest public listed companies were chosen for cross-case analysis. Primary and secondary data from company documents, archival records, interviews and observations were analysed to develop a theoretical model. The study finds the importance for companies to play 'hybrid' roles as profit and non-profit institution in building sustainable business model. The corporate foundations, which are the non-profit arm of the corporations, deal with social issues that intersect with business needs. Stakeholder relations and resource allocations through the foundations have developed social capital, which enable the company and its stakeholders to co-create value to achieve triple bottom line performance for both. This research contributes to the management literature as it integrates the concept of social capital, and clarifies the actual linkages between value proposition, value creation and delivery, and value capture in a sustainable business model. The theoretical model from the research can be replicated by other companies, especially for the ones operating in emerging economies. However, further research is needed to test its applications to other context. |
Similar Articles
| ID | Score | Article |
|---|---|---|
78344
|
Armstrong, RM; Grobbelaar, SSS Sustainable business models for social enterprises in developing countries: a conceptual framework(2023)Management Review Quarterly, 73, 2 | |
| 65785
|
Ziolo, M; Bak, I; Spoz, A Theoretical framework of sustainable value creation by companies. What do we know so far?(2023)Corporate Social Responsibility And Environmental Management, 30.0, 5 | |
| 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) | |
| 18340
|
Manninen, K; Laukkanen, M; Huiskonen, J Framework for sustainable value creation: a synthesis of fragmented sustainable business model literature(2024)Management Research Review, 47.0, 1 | |
| 34549
|
Bolis, I; Morioka, SN; Leite, WKD; Zambroni-de-Souza, PC Sustainability Is All about Values: The Challenges of Considering Moral and Benefit Values in Business Model Decisions(2021)Sustainability, 13, 2 | |
| 34101
|
Matzembacher, DE; Raudsaar, M; de Barcellos, MD; Mets, T Business Models' Innovations to Overcome Hybridity-Related Tensions in Sustainable Entrepreneurship(2020)Sustainability, 12, 11 | |
| 77870
|
Wagner, R; Kabalska, A Between Involvement and Profit: Value (Un-)Captured by a Born-Social Start-Up(2023) | |
| 16821
|
Levänen, J; Park, S; Rosca, E Circular solutions in developing countries: Coping with sustainability tensions by means of technical functionality and business model relevance(2023)Business Strategy And Development, 6, 1 | |
| 25102
|
Nunes, AKD; Morioka, SN; Bolis, I Challenges of business models for sustainability in startups(2022)Rausp Management Journal, 57, 4 | |
| 73159
|
Roy, K; Karna, A Doing social good on a sustainable basis: competitive advantage of social businesses(2015)Management Decision, 53, 6 |