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Title Analysing Barriers To Sustainable Business Model Innovations: Innovation Systems Approach
ID_Doc 33864
Authors Laukkanen, M; Patala, S
Title Analysing Barriers To Sustainable Business Model Innovations: Innovation Systems Approach
Year 2014
Published International Journal Of Innovation Management, 18, 6
DOI 10.1142/S1363919614400106
Abstract Business model innovations are recognised as a key to the creation of sustainable business, but their adoption by firms has been slow. Organisations can only be sustainable when the whole societal system is sustainable. Both structural and cultural changes are required to facilitate firm-and system-level sustainability. The central idea of this paper is to examine how societal transition towards sustainable business models (SBMs) can be achieved. Through a qualitative Delphi study, we assess and categorise the key structural and cultural barriers to sustainable business model innovation (SBMI). By applying the innovation system approach, we explain how to overcome existing barriers by strengthening the functions of the innovation system. We analyse how these barriers can be overcome through the activities of governments, firms, and consumers, and discuss the wider implications of our research for practitioners, policy-makers, and researchers.
Author Keywords Barriers; business model innovation; Delphi; innovation system; institutional theory; societal change; sustainable business model; sustainable innovation
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Emerging Sources Citation Index (ESCI)
EID WOS:000216505000003
WoS Category Management
Research Area Business & Economics
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