The Catalytic Role of Sustainability Transitions for Business Models

Florian Lüdeke-Freund, Peter Wells and Annabeth Aagaard ()
Additional contact information
Florian Lüdeke-Freund: ESCP Business School
Peter Wells: Cardiff Business School
Annabeth Aagaard: Aarhus University

Chapter Chapter 5 in Business Model Innovation, 2024, pp 127-155 from Springer

Abstract: Abstract In the dynamic realm of global business and the pressing climate crisis, the need for sustainability transitions has become a pivotal catalyst for change, fundamentally reshaping the core tenets of companies’ business models. In this chapter, we delve into the notion of sustainability transitions and discuss the dynamic interplay between business models and the broader socio-technical contexts in which they operate. The chapter argues that sustainability transitions are a game-changing lens through which businesses can understand, respond to, and influence the changing world around them. This leads to reflections on the nature of so-called business models for sustainability transitions (BMfST), which might become a new breed of sustainability-oriented business models. The chapter concludes with illustrations of three categories of business models which represent antecedents of future BMfST, as well as a set of tentative principles for thinking about business model design catalysed by sustainability transitions.

Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-57511-2_5

Ordering information: This item can be ordered from
http://www.springer.com/9783031575112

DOI: 10.1007/978-3-031-57511-2_5

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().