Google Scholar, 14. J Clean Prod. Ciulli F, Kolk A. Incumbents and business model innovation for the sharing economy: Implications for sustainability. Flodn J, Williamsson J. 2018;170:216-26. J Clean Prod. J Clean Prod. Organiz Environ. The titles, keywords and abstracts of all 195 articles were read to ensure compliance with all of these criteria. View Article No use, distribution or reproduction is permitted which does not comply with these terms. 2018;51(1):158-83. As well as scrutinizing the usual sections on suggestions for future research included at the end of a study, any suggestions for future research included in the main bodies of the studies were extracted. [61] who examine the sustainability aspects affecting the willingness to innovate the business model, and adopt innovative services and technology in the equine sector. Despite the importance of the topic, the reasons for failure are relatively unexplored, and there is no comprehensive review of the sustainable business model innovation literature. [30] and Kozlowski et al. Dembek K, York J, Singh PJ. 2016;29(3):264-89. Hellstrom [38] argues that a SBM requires cooperation among various partners to take advantage of opportunities to innovate. Similarly, more longitudinal case studies could shed light on dynamics, changes and outcomes [70] while efforts have been made to experiment with how best to understand success and failure of the value proposition related to new business models [19,71]. Ritala P, Huotari P, Albareda L, Puumalainen K, Bocken NMP. PubMed/NCBI Google Scholar, 67. PubMed/NCBI Chicago (IL, US): University of Chicago Press; 2012. The authors declare that there is no conflict of interest. J Clean Prod. This triangular relationship calls for a strategic perspective of sustainability curricula. [51], Caldera et al. If there was any level of uncertainty, the whole article was read to ensure inclusion or exclusion. Moreover, drawing on systematic and rigorous methods, the research agenda proposed in the findings contains various suggestions that can further enhance the quality of the emerging SBM field and at the same time improve the practical application of its findings. doi: 10.1080/02602938.2020.1772718, Vandenbrande, W. W. (2021). A safe operating space for humanity. Google Scholar, 76. A systematic analysis of the future research suggestions proposed in extant work points to three main dimensions of a research agenda: (1) broadening the scope and methods of studies, (2) gaining further insights into developing and managing SBMs, and (3) better understanding the outcomes of SBMs. How circular is the circular economy? Google Scholar, 15. In that respect, this review builds on recent work that aims to strengthen the overall SBM field and its research community [5,24]. Towards societal satisfaction in a fifth generation of quality the sustainability model. PubMed/NCBI View Article Classifying the articles based on the criteria presented in Table 1 was performed independently by the researchers, then differences were discussed until agreement was reached on all classifications. Quantitative studies highlighting causalities, correlations, and generalizations remain scarce. A narrative based on a well-known relevant case introduces readers to the core theme of each chapter. Leisen R, Steffen B, Weber C. Regulatory risk and the resilience of new sustainable business models in the energy sector. 2018;178:903-16. The focus here is on understanding business model innovation and the change and learning processes involved as business models are developed and transformed [23,4447]. Nair and Paulose [40] investigate algae biofuel for aviation; Hellstrom et al. Based on a qualitative content analysis of 104 articles, this review reveals some important findings. Companies increasingly include sustainable development goals and stakeholder orientation in their strategies. Google Scholar, 83. J Clean Prod. 2019;26(2):439-52. 2008;21(2):103-27. PubMed/NCBI [7] focuses on SBM innovations and bridging the design-implementation gap. PubMed/NCBI PubMed/NCBI In this context, companies have adopted sustainable thinking not only in their internal operations but in their interactions with the employees, the customers, the suppliers, the community, and all the other stakeholders. doi: 10.1080/14783363.2019.1593044. Corp Govern. This selection process was conducted with help of three research assistants, to resolve single coding issues. Therefore, more quantitative research is needed to shed a better light on causalities, correlations and generalizations and bring SBM research to a greater stage of maturity [5]. First, at its most general level, this study follows the words of former US president Harry S. Truman: There is nothing new in the world except the history you do not know. View Article Finally, rather than assuming that SBMs lead to successful organizations and a more sustainable society, scholars should investigate the outcomes and impact of SBMs. The editor and reviewer's affiliations are the latest provided on their Loop research profiles and may not reflect their situation at the time of review. The author declares that the research was conducted in the absence of any commercial or financial relationships that could be construed as a potential conflict of interest. Google Scholar, 42. The researchers first individually analyzed 15 articles and cross-referenced outcomes to ensure similar understanding of inclusion and exclusion criteria. 2018;183:194-207. Boons F, Montalvo C, Quist J, Wagner M. Sustainable innovation, business models and economic performance: an overview. PubMed/NCBI PubMed/NCBI Google Scholar, 79. The next generation of quality, the so-called societal quality, (Deleryd and Fundin, 2020) along with the fourth Sustainable Development Goal (SDG) on quality education have raised educational concerns to a higher level. Gauthier C, Gilomen B. 2016;29(1):11-35. Roome N, Louche C. Journeying Toward Business Models for Sustainability A Conceptual Model Found Inside the Black Box of Organisational Transformation. Oftentimes borrowing from the general business model literature, work on SBMs examines the integration in the business model of sustainability objectives to increase competitive advantage. The Introduction to Sustainable Business is followed by the Perspectives in the second chapter, where the business case for sustainability is identified based on a holistic view of companies within a social, environmental and economic context. An empirical comparison of two peer-to-peer goods-sharing platforms. SAGE Open. The geographic concentration of this research on a very specific, and relatively small part of Europe is noteworthy. Google Scholar, 65. Sustainability has undisputedly become a mega-trend in the last decades (Lubin and Esty, 2010; Whelan and Douglas, 2021). View Article 2019;11(6):1663. [5] refer to the potential of quantitative techniques in the context of experiments and simulations which so far are scarce in this literature (but see [75]). This needs a focus on one of the definitional pillars of a SBM, namely the wider system in which the model is embedded (see Section Defining a Sustainable Business Model). Overall, the textbook suits well within a modern business curriculum. 2010;43(2-3):156-71. Rev. Only seven of the studies in the sample are based on quantitative research, mostly surveys, with four others based on a combination of quantitative and qualitative analysis as part of a mixed methodology. Bus Strat Environ. Google Scholar, 59. doi: 10.1007/s11625-011-0132-6, Keywords: management, sustainable development, business school, textbooks, higher education curriculum, sustainability management, corporate sustainability, Citation: Gianni MS (2021) Book Review: Foundations of Sustainable Business: Theory, Function, and Strategy. PubMed/NCBI Nair S, Paulose H. Emergence of green business models: The case of algae biofuel for aviation. In this respect researching scalability can be worthwhile as it is essential to truly advance such models (see e.g., [81]), as can an assessment of practical tools can guide the transition to, and development/management of SBMs? Google Scholar, 43. Energy Policy. Next, to the resulting 456 articles another set of criteria related to the journals was applied. 46, 297311. View Article Future research could identify which stakeholders benefit most, and how the effects can be measured. PubMed/NCBI 2016;29(1):74-96. The analysis is based on a qualitative content analysis of 104 articles in primary outlets for SBM research. 7 Articles, This article is part of the Research Topic, https://doi.org/10.3389/frsus.2021.688943, Creative Commons Attribution License (CC BY). PubMed/NCBI J Clean Prod. A systematic review of sustainable supply chain management in global supply chains. Which research design and methods have been used? Published by Elsevier Ltd. https://doi.org/10.1016/j.jclepro.2018.06.240. [29], Karlsson et al. This requires the SBM to be considered as part of the ecosystem [79] or understood as belonging to an ecology of business models allowing business models to be understood in their wider context [71]. Readers are offered real-life cases and examples aiming to cultivate key sustainability problem-solving competencies, at the same time, in line with the reference framework of Wiek et al. Bocken NMP, Short SW, Rana P, Evans S. A literature and practice review to develop sustainable business model archetypes. PubMed/NCBI Laasch O. 2016;115:52-61. There is a stream of work which aims for consensus around a definition of SBM [7,8]. : +31-20-5987-614. 2018;175:82-95. First, a SBM must be really sustainable. PubMed/NCBI Google Scholar, 86. PubMed/NCBI 2018;190:712-21. To evaluate potential patterns among articles, we analysed how articles are jointly cited. 2013;26(3):241-59. The current study takes stock of the SBM field through a systematic review of the literature. @15hdIy%4oB|+tHr8k7f0 */T|*k[fmQs|.T{x^F-FNJiy$":%*G.rD86Z%Q+VI?"hOzx0 h$(@RTM)x n~w-6xC~b'DzN PubMed/NCBI Finally, this raises questions about the predominantly financially focused management control and performance models and whether these include a sufficient number of sustainability indicators [74]. Massa L, Tucci CL, Afuah A. A deceptively easy question that follows from this is What is meant by a sustainable organization and therefore by a truly sustainable business model [86]? Acad Manag Ann. View Article 2011;37(4):1019-42. Nosratabadi S, Mosavi A, Shamshirband S, Kazimieras Zavadskas E, Rakotonirainy A, Chau KW. Business models for sustainable biofuel transport: the potential for intermodal transport. Shrout PE, Rodgers JL. This will require scrutiny of the meaning of a SBM and when it can be deemed to be successful. London: Routledge. Key competencies in sustainability: a reference framework for academic program development. Harnessing Innovation for Change: Sustainability and Poverty in Developing Countries. PubMed/NCBI View Article PubMed/NCBI Abdelkafi and Tauscher [34] develop a model to advance understanding of the basic functioning of SBMs by applying a systems perspective and combining value with the organization, its stakeholders and the natural environment. J Clean Prod. We use cookies to help provide and enhance our service and tailor content and ads. This study has some limitations which future reviews can address. Dawkins E, Andr K, Axelsson K, Benoist L, Swartling AG, Persson A. Google Scholar, 18. Evans et al. J Clean Prod. 2018;182:694-704. PubMed/NCBI Google Scholar, 23. J Clean Prod. doi: 10.1016/j.jclepro.2013.03.034. View Article Google Scholar, 13. Google Scholar, 32. View Article These features were the research design and methods used, the countries and industries studied and the geographical clustering of the SBM research community. 2019;215:198-216. Kurucz EC, Colbert BA, Ldeke-Freund F, Upward A, Willard B. Relational leadership for strategic sustainability: practices and capabilities to advance the design and assessment of sustainable business models. That is, many SBM studies remain more descriptive and phenomenon-based and seem to lack a broader theoretical underpinning or contribution (see also [5]). Bidmon CM, Knab SF. Visit emeraldpublishing.com/platformupdate to discover the latest news and updates, Answers to the most commonly asked questions here. Engert S, Rauter R, Baumgartner R. Exploring the integration of corporate sustainability into strategic management: a literature review. Organiz Environ. J Clean Prod. Searching in title, abstract and keywords yielded 1093 results. The definitions proposed by Geissdorfer et al. The managerial and the global insights, the short stories on leadership and ethical decisions accompanied by recalls of movies, like Erin Brockovich, and real-life cases, such as the Deepwater Horizon oil spill and the Fukushima nuclear power plant accident, attract the interest of the students and emphasize critical meanings. Google Scholar, 61. The remainder of the article is structured as follows. View Article Sustain. View Article 2016;138:170-80. How do SBMs differ across sectors, countries, cultures, regulatory environments, business systems, types of firms (e.g., large vs small; challenger vs. incumbent; private vs. public; profit vs. non-profit etc.) View Article Corporate Soc. Central, here, is the creation of value through the integration of economic prosperity, environmental integrity and social equity among society at large, rather than prioritization of organizational profit [9,1315]. Business Model Innovation for Sustainability: Towards a Unified Perspective for Creation of Sustainable Business Models. The learning objectives, stated at the beginning of each chapter, are concise and pertinent to the addressed topics. Stubbs W, Cocklin C. Conceptualizing a sustainability business model. Kozlowski A, Searcy C, Bardecki M. The reDesign canvas: Fashion design as a tool for sustainability. In this paper the term sustainable business model (SBM) is used). Google Scholar, 93. J Clean Prod. PubMed/NCBI 'hTuXJ$:^={vejh|N"[Ftl7n*{1Ac'Py;X@Id;-s[:#l-r64oo=z+/[P` Od*}:yy Furthermore, drawing on stakeholder theory (Freeman, 1984), students are encountered as peopleor otherwise stakeholdersthat interact and share interests with both the academic institutions and the private or state-owned organizations. Boons F, Ldeke-Freund F. Business models for sustainable innovation: state-of-the-art and steps towards a research agenda. 2018;172:4532-43. 2016;113:426-37. Others focus on the contours of variations of the SBM. PubMed/NCBI Overall, these findings offer relevant contributions to the SBM literature and how it can help advance sustainable development. Google Scholar, 62. Google Scholar, 7. Tranfield D, Denyer D, Smart P. Towards a methodology for developing evidence-informed management knowledge by means of systematic review. rH*dtM>+rVQ5J_=gG\y;V Geissdoerfer M, Bocken NMP, Hultink EJ. Which measurement- and control systems need to be in place to support a successful SBM. Manage. View Article PubMed/NCBI SBMs are not one-dimensional but consider the so-called triple bottom line approach in which social justice, economic prosperity and environmental integrity are interlinked [4]. Furthermore, various excellent reviews have looked at highly relevant sub-domains within the SBM literature, such as definitions [8], SBM archetypes of mechanisms and solutions [4], SBM innovation types and strategies [6,7], and the application of SBMs in various domains such as hospitality, energy, fashion, innovation and supply chain management[25]. Pay-per-use business models as a driver for sustainable consumption: Evidence from the case of HOMIE. 2018;170:654-64. Recent accounts about the dire state of our planet [1] and persistent social injustice, poverty and inequality [2,3] highlight the need to find more sustainable pathways. A Book Review on Foundations of Sustainable Business: Theory, Function, and Strategy, Nada R. Sanders, John D. Wood (Wiley Global Education US), 2019, 2nd Edition, 352 pages, ISBN: 978-1-119-57755-3. View Article In total 27 unique countries are covered out of the 88 times countries are mentioned (Figure 5). Figure2 is a chronological summary of the articles published since 2008. 2020;2(3):e200022. PubMed/NCBI Google Scholar, 2. Google Scholar, 58. This includes which factors need to be in place to allow the transition to a SBM, and which institutional, political, cultural and organizational settings favor SBMs [5,34,47,76]. (2021). Such systematic empirical analysis of the paths travelled so far and the new roads yet to be explored allows SBM scholars to have a clear view of the field and offers suggestions about the SBM research program. Google Scholar, 92. For example, Nair and Paulose [40] refer to green business models and Randles and Laasch [41] propose the foundations to a normative business model. This can be seen as originating SBM research since before its publication very few articles refer to SBM. 2017;168:1668-78. Therefore, rather than employing an organization-centric view, they promote a systems-based view which includes a more long-term perspective [8]. Dentchev N, Rauter R, Jhannsdttir L, Snihur Y, Rosano M, Baumgartner R, et al. View Article Ferreira, J.J., Fernandes, C.I., Veiga, P.M. and Hughes, M. (2022), "Prevailing theoretical approaches predicting sustainable business models: a systematic review", International Journal of Productivity and Performance Management, Vol. J Clean Prod. PubMed/NCBI In this case, the review focused on 85 articles published between 2016 and 2019 to guarantee for the future research suggestions to be relatively recent. Sustainable business models have become a prominent feature of organizations in their quest towards sustainability. J Clean Prod. PubMed/NCBI J Clean Prod. Google Scholar, 57. Finding 3: The empirical focus of SBM scholars is strongly concentrated on northwest Europe and the Nordic countries. The Socio-Economic Foundations of Sustainable Business Managing in the Fourth Industrial Revolution. Stough, T., Ceulemans, K., and Cappuyns, V. (2021). This suggests that the concept is gaining traction. Finally, as the SBM field matures there will be a need for quantitative and mixed-methods research. Google Scholar, 90. The steps followed are depicted in Figure 1. Google Scholar, 74. [63] examine six manufacturing firms - from China, the United States and the United Kingdom to validate their uncaptured value framework in the context of for SBM innovation. Relevant here is recent work by Ldeke-Freund and Dembek in which they examine whether SBM as a field of research and practice should be regarded as a stand-alone field, a sub-field of a broader field or an integrated field. View Article Unlocking the potential of broad, horizontal curricular assessments for ethics, responsibility and sustainability in business and economics higher education. Hoboken (NJ, US): John Wiley & Sons; 2010. Finally, the food and beverage sector is relevant due largely to the major environmental impacts of growing and producing many food products (e.g., meat) and the high levels of waste in that sector. Drawing on Elo and Kyngas [56] and Caldera et al. J Clean Prod. Bus Strat Environ. Randles S, Laasch O. Theorising the Normative Business Model. What has been the sectoral focus of SBM studies? PubMed/NCBI In this regard, there are two algebraic formulas in the sixth chapter of the book for the risk level and for the magnitude of harm. 2 0 obj Maxwell SE, Lau MY, Howard GS. `Hnr9.V! Yang M, Evans S, Vladimirova D, Rana P. Value uncaptured perspective for sustainable business model innovation. View Article 2018;176:439-51. Corp Soc Resp Env Manag. Isaksson, R. (2021). The sustainability imperative. Google Scholar, 38. View Article View Article The review shows that SBM research is proliferating but that there is a persistent emphasis on qualitative work based primarily on case studies. Google Scholar, 35. PubMed/NCBI An offshoot of the more general business model literature [1012], SBM research recognizes that the business model is important in driving and implementing corporate innovation for sustainability, can help embed sustainability into business purpose and processes, and serve(s) as a key driver of competitive advantage [4]. A dominant focus in many SBM studies is also clear. In this context, we need to consider value destruction and its mitigation [32,3436]. doi: 10.1002/bse.2590, Deleryd, M., and Fundin, A. In addition, social media references have enriched the second edition of the book.
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