Innovation in Start-Up Business Model in Energy-Saving Solutions for Sustainable Development

Bogdan Wit, Piotr Dresler and Anna Surma-Syta
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Bogdan Wit: Faculty of Management, Lublin University of Technology, 20-618 Lublin, Poland
Piotr Dresler: CEO of Formaco Consulting Piotr Dresler, 20-631 Lublin, Poland
Anna Surma-Syta: Faculty of Management, Lublin University of Technology, 20-618 Lublin, Poland

Energies, 2021, vol. 14, issue 12, 1-24

Abstract: Socially expected innovations are innovations considering sustainable development. The subject of the paper focuses on the business model of a start-up providing energy saving services to local government units using smart technologies of Industry 4.0 in the aspect of low touch economy. A methodical critical literature review including quantitative and qualitative assessment, stakeholder analysis and business modeling techniques using Business Model Canvas and Triple Layer Business Model Canvas (TLBMC) was conducted. In addition, an in-depth analysis of a start-up case study was conducted. The research questions are related to the interpretation of the organization’s business data and methods of interpreting Sustainability 3.0 business solutions. The research questions were directed to the challenges regarding the creation of the organization’s sustainable business model architecture and the Business Sustainability 3.0 sustainable business imaging concept. The research objective is to design a sustainable business model of a start-up providing energy-efficient services to local government units, whose value proposition refers to an extended sustainable value that meets the economic, social and environmental needs of society. The integration of sustainability in the sustainable business model of the start-up allowed to achieve the research objective of designing a sustainable value proposition that meets the economic, social and environmental needs of society.

Keywords: sustainable development; business models; start-up; public and private sectors; electricity as a service; Poland (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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