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Living with Complexities and Uncertainties Read chapter Read first chapter

2017 | OriginalPaper | Chapter

Sustainable Business Models: Theoretical Reflections

Authors : Padmakshi Rana, Samuel W. Short, Steve Evans, Maria Holgado Granados

Published in: Value Networks in Manufacturing

Publisher: Springer International Publishing

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Abstract

Nidumolu et al. (Harvard Bus Rev, September: 57–64, 2009) argue that sustainability is becoming increasingly essential for long-term success of companies. Those that do not rethink the business models around sustainability will limit long-term ability to create competitive advantage. Economic sustainability is a prerequisite for any viable business model, as without this there cannot be longevity for the business. While this is generally conceptualised as a requirement for growth and profitability, this need not necessarily be the case—there is a growing body of literature around the subjects of steady-state economics and not-for-profit social enterprises. Beyond economic sustainability, the need for environmental and social sustainability is increasingly recognised. Companies are attempting to address this within the framework of existing business models and exploring business model innovations.

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previous chapter Business Models and Business Modelling: State of the Art
next chapter Practice Review of Business Models for Sustainability
Footnotes
1
‘To overcome the discrepancy between private and public benefits which occurs on imperfect markets, they must be co-created to generate threefold value: for the company, its customers and the public’ (Lüdeke-Freund 2010).
 
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Metadata
Title
Sustainable Business Models: Theoretical Reflections
Authors
Padmakshi Rana
Samuel W. Short
Steve Evans
Maria Holgado Granados
Copyright Year
2017
Book
Value Networks in Manufacturing

Print ISBN: 978-3-319-27797-4

Electronic ISBN: 978-3-319-27799-8

Copyright Year: 2017

DOI
https://doi.org/10.1007/978-3-319-27799-8_7

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