articleBusiness Strategy and the EnvironmentApr 5, 2017HYBRID OA

Business Model Innovation for Sustainability: Towards a Unified Perspective for Creation of Sustainable Business Models

SESteve EvansDVDoroteya VladimirovaMHMaria HolgadoKVKirsten Van FossenMYMiying Yang

University of Cambridge

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Abstract

Abstract Business model innovation has seen a recent surge in academic research and business practice. Changes to business models are recognized as a fundamental approach to realize innovations for sustainability. However, little is known about the successful adoption of sustainable business models (SBMs). The purpose of this paper is to develop a unified theoretical perspective for understanding business model innovations that lead to better organizational economic, environmental and social performance. The paper examines bodies of literature on business model innovation, sustainability innovation, networks theory, stakeholder theory and product–service systems. We develop five propositions that support the…

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1,306
total citations
FWCI
103.05
Percentile
100%
References
104
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Authors

7

Topics & keywords

Topics
Keywords
  • Product-service system
  • Business model
  • Sustainability
  • New business development
  • Business
  • Business analysis
  • Knowledge management
  • Sustainable business
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