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Theoretical Framework of Business Model Innovation Exploration for Sustainable Development

Yan Zhaoqiang ()
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Yan Zhaoqiang: Southern Federal University

A chapter in Digital Transformation in Industry, 2022, pp 281-290 from Springer

Abstract: Abstract In modern times, increasingly prominent economic, social, and environmental issues threaten the sustainable development of human society while sustainable development has become the common vision and expectation of all humankind. If a company or enterprise wants to maintain its strong core competitiveness and achieve high-quality development, it should embed the mindset of sustainable development into all aspects of management and operation. Through summarizing and combining existing research results, this paper constructs a circular business model framework used to describe the sustainability of a company’s existing business model. The proposed model is based on the integration of the principle of the sustainability triple bottom line and business model innovation so as to evaluate the sustainable development potential and level of the entire industry.

Keywords: Sustainability; Business model innovation; Circular economy (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:lnichp:978-3-030-94617-3_20

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DOI: 10.1007/978-3-030-94617-3_20

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