Business Model Innovation for Sustainable Value Creation in Construction Companies

Igor Ceratti Treptow (), Jordana Marques Kneipp, Clandia Maffini Gomes, Isak Kruglianskas, Rodrigo Reis Favarin and Carlos Jardon
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Igor Ceratti Treptow: Postgraduate Program in Administration, Federal University of Santa Maria, Santa Maria 97105-900, Brazil
Jordana Marques Kneipp: Postgraduate Program in Administration, Federal University of Santa Maria, Santa Maria 97105-900, Brazil
Clandia Maffini Gomes: Postgraduate Program in Administration, Federal University of Santa Maria, Santa Maria 97105-900, Brazil
Isak Kruglianskas: School of Economics, Business and Accounting (FEA), University of São Paulo, São Paulo 05508-010, Brazil
Rodrigo Reis Favarin: Postgraduate Program in Administration, Federal University of Santa Maria, Santa Maria 97105-900, Brazil

Sustainability, 2022, vol. 14, issue 16, 1-17

Abstract: This paper aimed to analyze how innovations in the business model contribute to creating sustainable value in construction companies. The results revealed that analyzed companies implement practices that enhance their reputation and contribute to the environment while securing economic benefits. These practices include material reuse and replacing traditional processes with renewable ones (installing photovoltaic panels and rainwater harvesting). Companies also have tried to integrate with the community through sponsorships, primarily in sports and cultural events, and assistance to homes for the elderly and needy educational institutions. Companies need to implement processes that contribute to the rational use of water and waste reduction during construction projects despite the results. Furthermore, this study has the importance of identifying actions that are oriented towards generating benefits for society and the environment and analyzing them from the perspective of the creation of sustainable value from innovations in the business model.

Keywords: innovation; business model; sustainable value; sustainability; construction; technology; social; organizational; sustainable processes; sustainable business model (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:14:y:2022:i:16:p:10101-:d:888571

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