Transformative Sustainable Business Models in the Light of the Digital Imperative—A Global Business Economics Perspective

Barbara Brenner
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Barbara Brenner: Department for Management and Economics, Danube University Krems, 3500 Krems an der Donau, Austria

Sustainability, 2018, vol. 10, issue 12, 1-25

Abstract: The considerable body of literature on business models, business model innovation, and sustainable business models has yet to fully account for the impact of external dynamics—including the digital imperative—on generating sustainable value propositions. To address this issue, we developed a multifaceted framework of transformative sustainable business models, spanning three levels: the external environment, the organization, and the individual. We drew on the resource-based view and the literature on digitization to explain how organizations can capitalize on dynamic transformative capabilities to generate novel value propositions, based on both reconstructionist logic and shared-value logic. These include elements such as co-creation, usage-based pricing, agility, closed-loop processes, asset sharing, and collaborative business ecosystems.

Keywords: business model; shared-value; sustainable; digitization; Industry 4.0; innovation management; dynamic capabilities; transformation management; resource-based view; open-innovation; co-creation (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (29)

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