Arbeitspapier

Sustainability-oriented Business Model Innovation: Context and Drivers

This study outlines a systemic review of the social and economic transformations that have been inducing the business to reconsider its traditional strategies and innovate to become sustainable. In doing so, the study adopts an original approach, focusing on the evolution in the socio-economic context, imposed by globalisation first and by the Great Recession afterwards. Hence, the review covers a wide range of literature and subjects, including political science, sociology, economics, finance and strategic management. Departing from the contextual picture, the study identifies the main drivers of the innovation of the business models, from the adoption of voluntary standards to the acknowledgement of the need to lengthen strategic time horizons. What emerges from the review is that, if business’ primary concern was initially to safeguard its declining reputation under competitive pressure, it perceives sustainability today as a necessary condition to survive the deep transformation of the economy.

Language
Englisch

Bibliographic citation
Series: Working Paper ; No. 045.2017

Classification
Wirtschaft
Corporate Culture; Diversity; Social Responsibility
Accounting and Auditing: Government Policy and Regulation
Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
International Agreements and Observance; International Organizations
Subject
Societal Changes
Business Model Innovation
Voluntary Regulation
International Standards
Globalisation
Financial Crisis

Event
Geistige Schöpfung
(who)
Moliterni, Fabio
Event
Veröffentlichung
(who)
Fondazione Eni Enrico Mattei (FEEM)
(where)
Milano
(when)
2017

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Moliterni, Fabio
  • Fondazione Eni Enrico Mattei (FEEM)

Time of origin

  • 2017

Other Objects (12)