TY - JOUR
T1 - Developing Sustainable Business Models
T2 - A Microfoundational Perspective
AU - Ringvold, Kristin
AU - Saebi, Tina
AU - Foss, Nicolai J.
PY - 2022/9/22
Y1 - 2022/9/22
N2 - Sustainable business models (SBMs) integrate economic with social and/or environmental value creation. Many relevant aspects of organizing for sustainable business model innovation (SBMI) have yet to be accounted for to understand how firms can add a new SBM to their already existing portfolio of business models. Specifically, how the development of a new SBM is influenced by managers’ cognitions, capabilities, behaviors, and interactions, and how the SBMI process can be supported by organizational processes and structures is less well understood. Taking a microfoundational approach, we identify the capabilities at the managerial and organizational level that enable established firms to add a new SBM to their business model portfolio. In a longitudinal study, we explore how Telenor, a multinational telecommunications company headquartered in Norway, introduced a new SBM targeted at providing digital health services in Bangladesh. We offer a framework that highlights key microfoundational elements supporting each of the phases in the SBMI process.
AB - Sustainable business models (SBMs) integrate economic with social and/or environmental value creation. Many relevant aspects of organizing for sustainable business model innovation (SBMI) have yet to be accounted for to understand how firms can add a new SBM to their already existing portfolio of business models. Specifically, how the development of a new SBM is influenced by managers’ cognitions, capabilities, behaviors, and interactions, and how the SBMI process can be supported by organizational processes and structures is less well understood. Taking a microfoundational approach, we identify the capabilities at the managerial and organizational level that enable established firms to add a new SBM to their business model portfolio. In a longitudinal study, we explore how Telenor, a multinational telecommunications company headquartered in Norway, introduced a new SBM targeted at providing digital health services in Bangladesh. We offer a framework that highlights key microfoundational elements supporting each of the phases in the SBMI process.
KW - Sustainable business model innovation
KW - Business model innovation processes
KW - Microfoundations
KW - Cognition
KW - Sustainable business model innovation
KW - Business model innovation processes
KW - Microfoundations
KW - Cognition
U2 - 10.1177/10860266221117250
DO - 10.1177/10860266221117250
M3 - Journal article
SN - 1086-0266
JO - Organization & Environment
JF - Organization & Environment
ER -