| Title |
Developing Sustainable Business Models: A Microfoundational Perspective |
| ID_Doc |
33994 |
| Authors |
Ringvold, K; Saebi, T; Foss, N |
| Title |
Developing Sustainable Business Models: A Microfoundational Perspective |
| Year |
2023 |
| Published |
Organization & Environment, 36, 2 |
| DOI |
10.1177/10860266221117250 |
| Abstract |
Sustainable business models (SBMs) integrate economic with social and/or environmental value creation. Many relevant aspects of organizing for sustainable business model innovation (SBMI) have yet to be accounted for to understand how firms can add a new SBM to their already existing portfolio of business models. Specifically, how the development of a new SBM is influenced by managers' cognitions, capabilities, behaviors, and interactions, and how the SBMI process can be supported by organizational processes and structures is less well understood. Taking a microfoundational approach, we identify the capabilities at the managerial and organizational level that enable established firms to add a new SBM to their business model portfolio. In a longitudinal study, we explore how Telenor, a multinational telecommunications company headquartered in Norway, introduced a new SBM targeted at providing digital health services in Bangladesh. We offer a framework that highlights key microfoundational elements supporting each of the phases in the SBMI process. |
| Author Keywords |
sustainable business model innovation; business model innovation processes; microfoundations; cognition |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Social Science Citation Index (SSCI) |
| EID |
WOS:000858960900001 |
| WoS Category |
Environmental Studies; Management |
| Research Area |
Environmental Sciences & Ecology; Business & Economics |
| PDF |
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