scholarly journals Transformative Sustainable Business Models in the Light of the Digital Imperative—A Global Business Economics Perspective

2018 ◽  
Vol 10 (12) ◽  
pp. 4428 ◽  
Author(s):  
Barbara Brenner
Keyword(s):  
Business Models ◽  
Sustainable Business ◽  
Global Business ◽  
Business Economics ◽  
Sustainable Value ◽  
Value Propositions ◽  
Sustainable Business Models ◽  
The Individual ◽  
The Impact ◽  
Considerable Body

The considerable body of literature on business models, business model innovation, and sustainable business models has yet to fully account for the impact of external dynamics—including the digital imperative—on generating sustainable value propositions. To address this issue, we developed a multifaceted framework of transformative sustainable business models, spanning three levels: the external environment, the organization, and the individual. We drew on the resource-based view and the literature on digitization to explain how organizations can capitalize on dynamic transformative capabilities to generate novel value propositions, based on both reconstructionist logic and shared-value logic. These include elements such as co-creation, usage-based pricing, agility, closed-loop processes, asset sharing, and collaborative business ecosystems.

scholarly journals Transformative Sustainable Business Models in the Light of the Digital Imperative—A Global Business Economics Perspective

2018 ◽  
Author(s):  
Barbara Brenner
Keyword(s):  
Business Models ◽  
Shared Value ◽  
Full Potential ◽  
Sustainable Business ◽  
Global Business ◽  
Firm Level ◽  
Business Economics ◽  
Individual Level ◽  
Technological Advances ◽  
Sustainable Business Models

We examine how external triggers, including the digital imperative and the need for more sustainable resource and stakeholder employment, spark the development of transformative sustainable business models. Drawing on the resource-based view and the shared value approach we conceptualize a multifaceted framework that helps to identify key determinants and coherent layers of transformative sustainable businesses models. Our theoretical arguments integrate recent research findings on external dynamics, such as digital technological advances and rising global competitive dynamics, with internal capabilities on both the organizational and the individual level, allowing for a more complete understanding of transformative potentials on the firm level. We propose that key determinants of sustainable transformative business models adhere to both, innovative value-creating reconstructionist and sustainable shared-value logic, and include elements such as co-creation with customers, usage-based pricing, agile and adaptive behavior, closed-loop resource employment, asset-sharing, and collaborative business ecosystems. At the same time, organizational, economic, and environmental layers encompassing sustainable business models need to be both horizontally and vertically coherent to unfold their full potential.

scholarly journals Transformation towards Sustainable Business Models in Production

2020 ◽  
Vol 14 (2) ◽  
pp. 224-231
Author(s):  
Shahban Ali Shah ◽  
Philipp Url ◽  
Wolfgang Vorraber ◽  
Thomas Janics ◽  
Matthias Katschnig
Keyword(s):  
Business Models ◽  
Small And Medium Enterprises ◽  
Single Case ◽  
Transformation Process ◽  
Special Focus ◽  
Sustainable Business ◽  
Practical Applications ◽  
Sustainable Value ◽  
Sustainable Business Models ◽  
Medium Enterprises

A global transformation from Industry 4.0 towards Industry 5.0 will soon take place. Such transformations are intrinsic to human and sustainable value creation. An increasing number of companies, recognising this imminent trend, will need to transform their current classical, solely profit-oriented business models into sustainable business models that also target human, social, and environmental aspects. Various frameworks already exist that support the design of sustainable business models. Practical applications of these frameworks and research on the transformation process in the production domain, which places a special focus on small and medium enterprises, is still scarce. This paper presents the first results from a sustainable business model transformation project on a European SME, which produces 3D printers. The research method applies a single case study design. The study was based on publicly available information and qualitative data, obtained through interviews and workshops carried out on an executive management level.

scholarly journals The Impact of COVID-19 on Sustainable Business Models in SMEs

2021 ◽  
Vol 13 (3) ◽  
pp. 1098
Author(s):  
Iva Gregurec ◽  
Martina Tomičić Furjan ◽  
Katarina Tomičić-Pupek
Keyword(s):  
Business Models ◽  
Service Industries ◽  
Three Dimensions ◽  
Sustainable Business ◽  
Business Model Canvas ◽  
Global Pandemic ◽  
Sustainable Business Models ◽  
Service Sectors ◽  
Unpredictable Environment ◽  
The Impact

Businesses have been exposed to various challenges during the global pandemic, and their response to this disruption has impacted their resilience as well as their chances to overcome this crisis. Small and medium-sized enterprises (SMEs) are changing their business models in order to adapt to this changing environment. Service-based industries have been hit particularly hard. This research investigates how SMEs operating in service industries have been coping with the disruptions caused by the COVID-19 pandemic. This research aims to gain insights into which transformation drivers they have focused on and which technologies they have selected as a means to respond to the disruption. These insights regarding SMEs are then explored according to their influence on the redefinition of sustainable business models in SMEs. The review data was analyzed via a customized research framework that contains three dimensions and 30 subconcepts. The results show the distribution of drivers and technologies across service sectors. They are organized into a Business Model Canvas and could be considered useful for academia and practitioners. The highly unpredictable environment allows for only a few feasible strategic approaches regarding an SME’s decision on to follow incumbents, to become a challenger, or to reinvent themselves based on their own transformation drivers and readiness to apply digital technologies.

scholarly journals The New Visual Testimonial: Narrative, Authenticity, and Subjectivity in Emerging Commercial Photographic Practice

2017 ◽  
Vol 5 (2) ◽  
pp. 11-20 ◽  
Author(s):  
Heather Morton
Keyword(s):  
Social Media ◽  
Business Models ◽  
Sustainable Business ◽  
Commercial Practice ◽  
Convergence Culture ◽  
Social Media Platforms ◽  
Image Creation ◽  
Sustainable Business Models ◽  
Narrative Ability ◽  
The Impact

By studying the cultural and aesthetic impact of increasingly pervasive digital technologies and mass amateurization, this paper examines the ramifications of the networked information economy on professional photographic practice and considers the concomitant implications for the photographic classroom. Using the framework of convergence culture as per the writings of Yochai Benkler, Henry Jenkins, Mark Deuze, and Axel Bruns, the impact of accessible and instantaneous image creation and dispersal are explored. Given the rise of consumer engagement in brand co-creation on social media platforms, we can observe massive changes to professional practice in areas such as aesthetics, and the erosion of previous sustainable business models. Indeed, as traditional notions of “expertise” shift from technological prowess to narrative and disseminative abilities, the effects on commercial practice and photographic education need to be addressed. This paper argues that there are three emerging priorities for commercial image use: narrative ability, authenticity, and subjectivity and suggests initial steps in their pedagogical application. By acknowledging these transformations, this paper explores the idea that students need to harness technique, social media influence, adaptability, subjectivity, and storytelling power in order to better serve emerging image-based needs in commercial spaces.

scholarly journals Classification of Sustainable Business Models: A literature review and a map of their impact on the Sustainable Development Goals

2021 ◽  
Vol 49 (4) ◽  
pp. 784-794
Author(s):  
Eleonora Boffa ◽  
Antonio Maffei
Keyword(s):  
Sustainable Development ◽  
Business Strategy ◽  
Sustainable Development Goals ◽  
Business Models ◽  
Integration Process ◽  
Sustainable Business ◽  
The Sustainable Development ◽  
Sustainable Business Models ◽  
Development Goals ◽  
The Impact

Sustainable Business Models (SBM) have been seen as a suitable vehicle for organizations to convey sustainability. The SBM requires a company's business strategy to be shaped around sustainability goals. These goals can be integrated into the business strategy by creating an internal commitment focused on sustainability. Enablers play a crucial role in this integration process. The 2030 Agenda issued by the United Nations set clear goals on sustainable development, i.e. the Sustainable Development Goals (SDGs). Firms are encouraged to design SBM to fulfil these goals. Yet, an extensive investigation of the effect of the SBM applications on the SDGs is lacking. This paper is based on a semantic analysis of the relevant literature. The results show the internal enablers that support the integration process of sustainability into the organization's strategy. In addition to that, the underlying classification process highlights the clusters of applications for the SBM. These are, in turn, mapped over the SDGs to show the impact of each cluster on each SDG.

scholarly journals Value Migration to the Sustainable Business Models of Digital Economy Companies on the Capital Market

2018 ◽  
Vol 10 (9) ◽  
pp. 3113 ◽  
Author(s):  
Marek Jabłoński
Keyword(s):  
Capital Market ◽  
Business Models ◽  
Relevant Literature ◽  
Digital Economy ◽  
Sustainable Business ◽  
Wide Range ◽  
Sustainability Concept ◽  
Sustainable Business Models ◽  
The Impact ◽  
The Capital Market

The topic of a sustainable business model is currently the subject of much scientific research that covers a wide range of topics, from terminological aspects to aspects related to the impact of sustainability factors on company development. So far, however, the topic of sustainability in business models operating in electronic markets has only been studied to some extent. This article covers broad research into the value migration to sustainable business models of companies operating in the digital economy on the capital market. The aim of the article is to present key results of research into value migration to sustainable business models of companies operating in the digital economy on the capital market. The relevant literature on the trends in the application of the sustainability concept in the digital economy, the attributes of business models, and the interpretation of value within the concept of business models is also reviewed. The results obtained are ambiguous.

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