| 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 |
|
| DOI |
10.1016/j.techfore.2022.122146 |
| 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. |
| Author Keywords |
Digitalization; Sustainable business model; Big data; Business process |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Social Science Citation Index (SSCI) |
| EID |
WOS:000899554100022 |
| WoS Category |
Business; Regional & Urban Planning |
| Research Area |
Business & Economics; Public Administration |
| PDF |
http://manuscript.elsevier.com/S0040162522006679/pdf/S0040162522006679.pdf
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