Nancy Bocken
Visiting professor
Embedding sustainability in business modelling through multi-stakeholder value innovation
Author
Summary, in English
This paper investigates how businesses might create balanced social, environmental and economic value through integrating sustainability more fully into the core of their business. For this purpose a more systematic approach to business model innovation for sustainability is required. A novel value mapping tool is proposed to help firms create value propositions better suited for sustainability. The tool adopts a multiple stakeholder view of value, a network rather than firm centric perspective, and introduces a novel way of conceptualizing value that specifically introduces value destroyed and value missed, in addition to traditional terms of the core value proposition, and new opportunities for value creation and capture. This will support business modelling for sustainability.
Publishing year
2013-01-01
Language
English
Pages
175-183
Publication/Series
IFIP Advances in Information and Communication Technology
Volume
397
Issue
PART 1
Document type
Journal article
Publisher
Springer
Topic
- Economics and Business
Keywords
- Business model
- Business model innovation
- Sustainability
- Sustainable business model
- Value creation
Status
Published
ISBN/ISSN/Other
- ISSN: 1868-4238