Abstract
Business models for sustainability (BMfS) are an important tool for sustainability transition. Resource-based theory informs us how the value is created by specifying the value invested in form of resources and competences. Drawing on stakeholder theory relates the value invested to and the value created for multiple stakeholders. Combining resource-based theory and stakeholder theory contributes to the theoretical foundation of BMfS. Whereas the resource-based theory seeks for competitive advantage and the stakeholder theory aim at sustainable relationships, combining both with BMfS points to the sustainability impact of business.The here proposed multilevel sustainability effect specifies value invested and created related to the organization itself, its organizational members (individuals), and external stakeholders (including the natural environment and the society). The case study demonstrates, that sustainability assessment goes beyond start-ups or commercial oriented multinational companies but points out opportunities for business model innovation towards sustainability for small and medium-sized incumbents.
Original language | English |
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Publication date | 2021 |
Number of pages | 12 |
Publication status | Published - 2021 |
Event | Herbsttagung 2021 der Wissenschaftlichen Kommission Nachhaltigkeitsmanagement des Verbands der Hochschullehrer für Betriebswirtschaft e.V - Leuphana Universität Lüneburg, Lüneburg, Germany Duration: 30 Sept 2021 → 1 Oct 2021 |
Annual Meeting
Annual Meeting | Herbsttagung 2021 der Wissenschaftlichen Kommission Nachhaltigkeitsmanagement des Verbands der Hochschullehrer für Betriebswirtschaft e.V |
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Location | Leuphana Universität Lüneburg |
Country/Territory | Germany |
City | Lüneburg |
Period | 30/09/2021 → 01/10/2021 |