From Business Model to Contribution Model

Christoph H. Wecht (), Elena Malakhatka () and Shaun West ()
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Christoph H. Wecht: New Design University
Elena Malakhatka: Chalmers University of Technology
Shaun West: Lucerne University of Applied Sciences and Arts

A chapter in Smart Services Summit, 2023, pp 171-179 from Springer

Abstract: Abstract A successful business is increasingly concerned with comprehending the challenges and opportunities associated with society’s shift towards sustainability. However, current business model innovation fails to embrace the sustainability dimensions sufficiently. Many organizations lack a process that allows them generate entirely new and viable alternatives for business models. Sustainable development and its three-dimensional framework significantly impact most businesses’ re-organization. The complexity of balancing the economic, environmental, and social dimensions of sustainable development signals the need for a new business model. In this conceptual paper, the authors discuss possible transitioning from the business model to the contribution model, where the value ecosystem and value exchange plays a defining role.

Keywords: Business model; Contribution model; Sustainability; Value co-creation; Value ecosystem (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prochp:978-3-031-36698-7_18

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DOI: 10.1007/978-3-031-36698-7_18

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