Business Model Innovation toward Sustainability and Circularity—A Systematic Review of Innovation Types

Barbara Brenner () and Daria Drdla
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Barbara Brenner: Department for Management and Economics, Faculty of Business and Globalization, University for Continuing Education Krems, Dr.-Karl-Dorrek-Straße 30, 3500 Krems, Austria
Daria Drdla: Department for Management and Economics, Faculty of Business and Globalization, University for Continuing Education Krems, Dr.-Karl-Dorrek-Straße 30, 3500 Krems, Austria

Sustainability, 2023, vol. 15, issue 15, 1-20

Abstract: Organizations increasingly build on business model innovation (BMI) to reinvent their business models in sustainable and circular ways. This is reflected by a surge in academic research and business practice on sustainable and circular business model innovation. In this article, we take stock of the current literature to clarify which types of innovations contribute to the transformation to sustainable and circular business models. Building on a systematic literature review on sustainable and circular business model innovation using Systematic Reviews and Meta-Analysis (PRISMA), our primary contributions include (1) the identification, categorization, and discussion of various innovation types that lead to sustainable and circular business model innovation, (2) the identification of a research gap, and (3) avenues for future research.

Keywords: business model innovation; circular business model; sustainable business model; sustainable innovation; circular innovation (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:15:y:2023:i:15:p:11625-:d:1204257

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