ARGUMENTS IN FAVOR OF MOVING TO A SUSTAINABLE BUSINESS MODEL IN THE APIARY INDUSTRY

Nancy Diana Panța
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Nancy Diana Panța: Lucian Blaga University of Sibiu, Romania

Studies in Business and Economics, 2017, vol. 12, issue 3, 159-170

Abstract: Today’s society faces major challenges in meeting future global food demands and solving biodiversity loss, and it quickly needs to find ways in addressing these issues. The places to look for solutions come from the economic sectors that employ the most powerful pressure on these issues such as agriculture. Apiculture, as a branch of agriculture is being more and more recognized as sustaining human life and contributing to sustainability. However, the sector records a progressive decline of honey bees. Therefore, a rapid restructuring needs to take place in agricultural markets, in general, as well as in apiary agribusinesses. Although important, technological progress is insufficient in providing the necessary changes to achieve long-term economic, social and environmental sustainability, which should be considered both within and between generations. Consequently, sustainable business models encourage sustainable development through a triple bottom line approach and provide an analytical tool for firms into assessing the different aspects that are combined in order to create value. Since literature has paid little attention to the sustainable development in the apiary agribusiness, the present paper aims to link the two using a business model perspective and bring arguments in favor of moving to a sustainable business model.

Keywords: Sustainable Business Models; Apiary Agribusiness; Sustainable Development (search for similar items in EconPapers)
Date: 2017
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