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Title Small and medium enterprises and sustainable business models: Exploring enabling factors for adoption
ID_Doc 17601
Authors Troise, C; Santoro, G; Jones, P; Bresciani, S
Title Small and medium enterprises and sustainable business models: Exploring enabling factors for adoption
Year 2023
Published
DOI 10.1017/jmo.2023.45
Abstract An increasing number of small and medium enterprises (SMEs) are focusing on sustainable development and on embracing sustainable business models (SBMs). Despite the growing interest of academics and practitioners in SBMs, and the benefits for stakeholders, there is limited knowledge regarding the factors enabling SME transition toward SBMs, leading them to integrate sustainable principles in their BMs. This study explores the enabling factors for SBM adoption by SMEs and provides an improved understanding of this recent phenomenon. Understanding what factors enable adoption of SBMs is crucial for both SMEs and policymakers. The research uses an inductive qualitative research design approach focused on multiple case studies. The findings reveal that both internal and external factors play a key role in enabling SME transition toward SBM adoption. The internal factors that emerged include openness, change of mindset, problemistic search, social exchange, and resource valorization, while external factors included markets change, technological innovation, stakeholders' influences, policy and institutions.
Author Keywords sustainable business model; SMEs; business model; sustainability; enabling factors
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Social Science Citation Index (SSCI)
EID WOS:001061850900001
WoS Category Management
Research Area Business & Economics
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