The dynamically changing world economy, in an era of intensive development and globalization, creates new needs in both the theoretical models of management and in the practical discussion related to ...the perception of business. Because of new economic phenomena related to the crisis, there is a need for the design and operationalization of innovative business models for companies. Due to the fact that in times of crisis, the principles of strategic balance are particularly important; these business models can be sustainable business models. Moreover, it is essential to skillfully use different methods and concepts of management to ensure the continuity of business. It seems that sustainable business models, in their essence, can support companies' effectiveness and contribute to their stable, sustainable functioning in the difficult, ever-changing market.<false,>This Special Issue aims to discuss the key mechanisms concerning the design and operationalization of sustainable business models, from a strategic perspective. We invite you to contribute to this Issue by submitting comprehensive reviews, case studies, or research articles. Papers selected for this Special Issue are subject to a rigorous peer review procedure, with the aim of rapid and wide dissemination of research results, developments, and applications.
Over the last 15 years, business model innovation (BMI) has gained an increasing amount of attention in management research and among practitioners. The emerging BMI literature addresses an important ...phenomenon but lacks theoretical underpinning, and empirical inquiry is not cumulative. Thus, a concerted research effort seems warranted. Accordingly, we take stock of the extant literature on BMI. We identify and analyze 150 peer-reviewed scholarly articles on BMI published between 2000 and 2015. We provide the first comprehensive systematic review of the BMI literature, include a critical assessment of these research efforts, and offer suggestions for future research. We argue that the literature faces problems with respect to construct clarity and has gaps with respect to the identification of antecedent conditions, contingencies, and outcomes. We identify important avenues for future research and show how the complexity theory, innovation, and other streams of literature can help overcome many of the gaps in the BMI literature.
The Triple Layered Business Model Canvas is a tool for exploring sustainability-oriented business model innovation. It extends the original business model canvas by adding two layers: an ...environmental layer based on a lifecycle perspective and a social layer based on a stakeholder perspective. When taken together, the three layers of the business model make more explicit how an organization generates multiple types of value – economic, environmental and social. Visually representing a business model through this canvas tool supports developing and communicating a more holistic and integrated view of a business model; which also supports creatively innovating towards more sustainable business models. This paper presents the triple layer business model canvas tool and describes its key features through a re-analysis of the Nestlé Nespresso business model. This new tool contributes to sustainable business model research by providing a design tool which structures sustainability issues in business model innovation. Also, it creates two new dynamics for analysis: horizontal coherence and vertical coherence.
•Triple Layered Business Model Canvas supports sustainable business model innovation.•Visualizing horizontal and vertical coherence enhances business models.•Triple Layered Canvas visualizes and validates business models.
Academic and business interest in sustainable business models (SBMs) as a potential solution to pressing global sustainability issues has grown significantly over the past decade. Yet, to date ...sectoral progress on business model innovation has been insufficient to address much of the social and environmental harm caused by, or facilitated by industry, and progress against the UN Sustainable Development Goals (SDGs) has been disappointing. This study investigates the following research question: What are the dominant “unsustainable business model” types per sector that institutionalise social and environmental harm, and hold back progress on the SDGs, and what are the potential sustainable business model responses? This paper first investigates the dominant unsustainable business model types and potential sustainable business model solutions per key sector. Based on this analysis, a comprehensive overview of nine dominant unsustainable business model (UBM) archetypes and potential sustainable business responses are developed. The UBM archetypes are: 1) Environmental resource exploitation and waste; 2) Human resource exploitation and waste; 3) Economic exploitation; 4) Unhealthy or unsustainable offering; 5) Quantity over quality and value; 6) Addictive consumption pattern; 7) Complex opaque global value chain; 8) Short-term shareholder – not stakeholder value and 9) Financing and supporting unsustainable practices. Furthermore, a hierarchy of sustainable business model responses is introduced, showing the need for business to develop multiple initiatives, and a recognition that the focus for SBM innovation should be to some extent sector specific. Finally, directions for future research to transform dominant unsustainable business models are provided.
•Global sectors suffer from institutionalised unsustainable business models.•This paper identifies unsustainable business model types per sector.•A list of nine unsustainable business models (UBMs) was identified.•A new hierarchy of sustainable business model archetypes is presented.•Future research on combatting unsustainable busines model archetypes is presented.
Over the last two decades, green and sustainable business models (GnSBMs) have become a prominent topic of discussion among scholars, practitioners and policymakers. Preponderance of research and an ...increasing global pressure to adopt GnSBMs necessitate a comprehensive understanding of the state of research on GnSBMs. Towards this end, we extracted 851 publications on GnSBMs from the Scopus database and employed a series of bibliometrical techniques to: (1) explore the historical roots and sleeping beauties, (2) assess the life cycle, (3) map the conceptual evolution and (4) propose a research agenda for this growing field. Our analysis revealed that research on GnSBMs is moving from a multidisciplinary to an interdisciplinary domain. Its historical roots can be traced to the pioneering works on business strategy in the 1950s, environmental science in the early 1960s and stakeholder theory in the 1980s. Life cycle analysis indicated that research on GnSBM went through an introductory stage from 2002 to 2013 and then began to rapidly grow in 2014, and this growth is forecast to continue until circa 2040. The conceptual structures from 2002 to 2013 and 2014 to 2020 were mapped and an agenda for future research was proposed.
The Circular Economy is increasingly seen as a possible solution to address sustainable development. An economic system that minimises resource input into and waste, emission, and energy leakage out ...of the system is hoped to mitigate negative impacts without jeopardising growth and prosperity. This paper discusses the sustainability performance of the circular business models (CBM) and circular supply chains necessary to implement the concept on an organisational level and proposes a framework to integrate circular business models and circular supply chain management towards sustainable development. It was developed based on literature analysis and four case studies. The proposed framework shows how different circular business models are driving circular supply chain in different loops: closing loops, slowing loops, intensifying loops, narrowing loops, and dematerialising loops. The identified circular business models vary in complexity of the circular supply chain and in the value proposition. Our research indicates circular business and circular supply chain help in realising sustainability ambitions.
•We conducted a literature review and four case studies.•We propose a definition for circular business models and circular supply chains based on our literature analysis.•We propose a framework to compare circular and sustainable business models and illustrate it with our case studies.•We provide a value-based view on circular business models and argue that all elements should be aligned.•We propose a framework to integrate circular business models and circular supply chain management in a way that fosters sustainable development.
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