Search

Social and environmental challenges are forcing organizations to develop sustainable business models (SBMs). Literature on SBMs has identified the importance of stakeholders and collaboration. Collaboration and positions of stakeholders within the value‐chain opens the discussion about organizational boundaries and their role in enhancing or hindering sustainable business model innovation. Through a literature review, this study analyzes 53 papers at the intersection of SBMs and boundaries to clarify how SBMs change organizational boundaries, and how these boundaries affect the sustainability values of organizations. We aim to identify key stakeholders, who hold negotiation power at organizational boundaries. The paper identifies important managerial questions that may assist organizations in the process of unpacking sustainable value and broaden their scope of key stakeholders. Finally, we formulate future research areas to advance research at the intersection of SBMs and organizational boundaries. [ABSTRACT FROM AUTHOR]

Stakeholder engagement has been at the forefront of the organisational sustainability debate, particularly focusing on operational sustainability practices (OSP). While sustainability literature increasingly focuses on sustainable business models (SBMs) and the relationship to OSP, research on stakeholder engagement in SBMs and how this relates to engagement in OSP has been scarce. Based on case study research, this paper contributes to the debate by first providing empirical evidence on engagement practices for implementing SBMs. Second, this paper proposes the stakeholder engagement flow model, highlighting how stakeholder engagement for implementing SBMs need to be adapted in relation to stakeholder engagement in OSP. While stakeholder engagement is often continuous for a broad range of stakeholders, successfully implementing SBMs may also require changing engagement practices both in terms of engagement approach and role of stakeholders. The results advance the theoretical debate on stakeholder engagement for organisational sustainability and support practitioners to rethink and evaluate their stakeholder engagement efforts when aiming to implement OSP and SBMs. [ABSTRACT FROM AUTHOR]

This study thoroughly investigates the role of sustainable business models in enhancing environmental sustainability in leading manufacturing companies. Guided by the United Nations Sustainable Development Goals (SDGs), we empirically analyse the integration of sustainability goals into corporate strategies. This study identifies sustainable business models based on an analysis of the sustainability reports published on the website, examining the strategies and action plans declared by 30 companies that are leaders in the sustainability industry, according to their Dow Jones Sustainability Index World (DJSI World) and S&P Global ESG Scores. The strategies considered are aligned with the following specific sustainability development goals: 6 (water security); 7 (renewable energy); 12 (responsible consumption and production); and 13 (climate action). The dataset contains several variables, each reflecting a particular facet of a company's environmental sustainability, as follows: energy consumption; greenhouse gas emissions; waste management strategies; and water conservation initiatives. We use a multidimensional data analysis technique called multiple correspondence analysis (MCA). After using MCA, we use a hierarchical clustering algorithm with the aim of classifying the different companies. Our findings underscore the presence of seven clusters of companies. Compared to the well-established literature on the topic of sustainable business, the innovative contribution of this study is linked to the identification of reaction time as a strategic variable explaining the different sustainable business models. The study makes it clear that the different business models are linked to reaction time to strategic alignment with environmental objectives. The country in which the company is based is also important. This study provides practical insights for companies aiming to align their practices with SDGs. In fact, the time variable provides important information in this regard and makes it possible to identify different approaches to sustainability as well as strong and weak sustainable business models; the former are characterised by a medium long-term strategic orientation towards environmental sustainability, which can be interpreted as the desire to undertake more solid and structured environmental sustainability strategies. [ABSTRACT FROM AUTHOR]

Increased regulations and shifting consumer priorities are driving businesses to become more sustainable and to develop more sustainable business models. To achieve this, businesses must have a solid understanding of sustainability. Organizational learning (OL) is a key capability that helps firms understand and adapt to new phenomena such as sustainability. We explore the nexus between OL and sustainability by examining how organizations learn about the latter. We employ an embedded case study approach, conducting 49 interviews and collecting over 1,000 pages of archival data. Our findings reveal concrete learning mechanisms that enhance understanding of sustainability and sustainable business models, including knowledge creation/acquisition, retention, and transfer, in business practices. Our study provides scholars and business practitioners with a detailed framework to guide the operationalization of OL to gain sustainability knowledge. [ABSTRACT FROM AUTHOR]

The relevance of this topic lies in the need to use economic and management strategies that can help agricultural enterprises adapt to a changing environment and ensure sustainable and resilient growth in the future. The purpose of the study was to examine the impact of economic and managerial factors on the development of agricultural enterprises, with a focus on creating sustainable business models. The methods used were analytical, statistical, and comparative. The paper examines the role of economics in the formation of sustainable business models of agricultural enterprises, focusing on optimizing the use of resources and adapting to market conditions. It is found that economic aspects include optimization of production processes, cost management and analysis of market trends. Efficient use of resources is a key aspect of sustainable business models of modern agricultural enterprises. The use of advanced technologies, such as precision farming and process mechanization, helps to increase productivity and reduce costs. Management of such market factors includes strategic planning, risk analysis and search for new development opportunities. An example of successful use of innovative technologies in agriculture is given on the sample of the American company John Deere. The article describes the strategy for developing sustainable business models for the Ukrainian company Myronivsky Hliboproduct, which includes the introduction of advanced agricultural technologies, diversification of production, optimization of resource use, development of local markets, improvement of risk management and promotion of social development of local communities. It is noted that the unfavourable conditions of war and economic instability pose serious challenges to the agricultural sector, but such conditions can also stimulate the search for new, more sustainable, and efficient business approaches. As a result, the development of sustainable business models for agricultural enterprises requires a comprehensive approach and systematic measures aimed at optimizing production, managing risks, and promoting the social development of local communities. The practical significance of the study lies in the possibility of increasing competitiveness, resource efficiency and sustainability in a changing market environment, which contributes to the sustainable development of the agricultural sector

Blockchain technology (BC) and big data analytics capability (BDAC) are two crucial emerging technologies that have attracted significant attention from businesses and academia. However, their combined effect on business model innovation (BMI), along with the moderating role of environmental uncertainty and the mediating influence of corporate entrepreneurship, remains underexplored. To fill this gap, the present study investigates the combined effects of BDAC and blockchain adoption on BMI and explores the mediating role of corporate entrepreneurship as well as the moderating effect of environmental uncertainty. Drawing on the dynamic capability view (DCV) and the related literature, this study investigates these relationships using a conceptual framework hypothesising that (1) BDAC and blockchain adoption affect BMI through corporate entrepreneurship and (2) environmental uncertainty moderates these relationships. Consistent with the main theoretical arguments, our results, based on a sample of 284 employees working in Australian firms, indicate direct and indirect impacts of both BDAC and blockchain adoption on BMI. Corporate entrepreneurship was found to play a partial mediating role in the relationship between the two technologies, while BMI and environmental uncertainty were found to be significant moderators. These findings have significant theoretical and practical implications for companies striving to innovate their BMI. The results suggest that the synergistic effects of BDAC and blockchain technologies together create entrepreneurial activities and strategies to generate value, thus enabling BMI. Furthermore, the mediating role of corporate entrepreneurship and the moderating effect of environmental uncertainty have important theoretical implications for innovative BMI and management. As such, this study highlights the potential of BDAC and blockchain technologies to drive sustainable business practices, offering insights into how these technologies can contribute to economic, social, and environmental sustainability through innovative business models. [ABSTRACT FROM AUTHOR]

This paper presents a strategic impact and assessment approach—the Rubin-Imbens potential outcomes framework—to help identify the causal effects of initiatives for arts and culture organizations, which is increasingly required by the public and stakeholders in an era of financial precarity and digitization. This framework not only strengthens the argument for diversified arts funding, but also equips organizations with the tools necessary for developing sustainable business models. After embedding the proposal in the context of prior literature, I provide some practical guidance that organizations can use to achieve operational sustainability without compromising their artistic missions. The adoption of the Rubin-Imbens framework in arts management has the potential to produce more rigorous impact assessments that ultimately lead to improved outcomes and funding opportunities. [ABSTRACT FROM AUTHOR]

The relevance of this topic lies in the need to use economic and management strategies that can help agricultural enterprises adapt to a changing environment and ensure sustainable and resilient growth in the future. The purpose of the study was to examine the impact of economic and managerial factors on the development of agricultural enterprises, with a focus on creating sustainable business models. The methods used were analytical, statistical, and comparative. The paper examines the role of economics in the formation of sustainable business models of agricultural enterprises, focusing on optimizing the use of resources and adapting to market conditions. It is found that economic aspects include optimization of production processes, cost management and analysis of market trends. Efficient use of resources is a key aspect of sustainable business models of modern agricultural enterprises. The use of advanced technologies, such as precision farming and process mechanization, helps to increase productivity and reduce costs. Management of such market factors includes strategic planning, risk analysis and search for new development opportunities. An example of successful use of innovative technologies in agriculture is given on the sample of the American company John Deere. The article describes the strategy for developing sustainable business models for the Ukrainian company Myronivsky Hliboproduct, which includes the introduction of advanced agricultural technologies, diversification of production, optimization of resource use, development of local markets, improvement of risk management and promotion of social development of local communities. It is noted that the unfavourable conditions of war and economic instability pose serious challenges to the agricultural sector, but such conditions can also stimulate the search for new, more sustainable, and efficient business approaches. As a result, the development of sustainable business models for agricultural enterprises requires a comprehensive approach and systematic measures aimed at optimizing production, managing risks, and promoting the social development of local communities. The practical significance of the study lies in the possibility of increasing competitiveness, resource efficiency and sustainability in a changing market environment, which contributes to the sustainable development of the agricultural sector. [ABSTRACT FROM AUTHOR]

Introducing sustainable practices in farms' value chains to transform their business models into sustainable business models (SBMs) is a priority for farmers and policymakers. This paper first aims to provide a framework for implementing sustainable agriculture practices. We explain managerial practices, key drivers, and the agents involved through different theories and in four main stages. Secondly, using a Systematic Literature Review (SLR), we offer an update and a complete list of 133 sustainable (economic, social, and environmental) key performance indicators, which can be used to measure farms' sustainability performance and the success of the SBM applied. Our insights show that there are different drivers that may affect farms’ commitment to sustainability practices. However, the importance of these drivers is not equal. Similarly, not all the agents have the same relevance since this depends on the stage.

Background: Sustainability has proven to be one of the most concerning issues in modern business. Many organizations strive to gain a competitive advantage by employing more sustainable business models and strategies. This empirical research paper aims to explore the dynamics of sustainable business models in Indonesian emerging markets. Purpose: The research analyzes the key factors affecting sustainable business models in Indonesian emerging markets. In addition, this paper evaluates the impact of sustainable business practices on business performance and whether they have been implemented. Consequently, the research also highlights and give major insights into developing innovative business models to empower sustainability in these markets. Methodology: The methodology used in this study is a mixed-method approach. Through this, the researcher can use qualitative data sources. The primary data sources include statistical data, surveys, and interviews with key stakeholders in Indonesian emerging markets. Secondary data sources such as academic literature and industry publications are also significant in getting further information for this research. The study probes into the changing aspects of legitimate business models within the conditions of Indonesian arising markets. Precisely, it enlightens on the complex facts of sustainability operations embraced by corporations managing within these markets. Essential subjects of scrutiny comprise the businesses themselves, partners actively engaged in developing sustainability and valued industry specialists. To ensure an extensive analysis, the methodology used outlines certain tasks necessary for achieving its aims. These tasks entail a meticulous evaluation of the existing written work, accurate data collection attempts, rigorous techniques of data analysis and introspective analysis of the findings. Practically, the study engages a powerful framework consisting of carefully crafted designs of research. These methodologies are fitted to the distinctive background of the Indonesian emerging markets. Findings: The research has numerous findings surrounding the various factors influencing sustainable business models in emerging Indonesian markets. These variables include economic, various market dynamics, and environmental, social, and technological factors. These factors have resulted in various outcomes in the country. In addition, there are extra factors such as infrastructure and logistics, political and regulatory factors, and financial performance. Notably, the statistical analyses reveal the significance of these variables in shaping sustainable business models in the country. Implications: The findings of this study have both practical and theoretical implications. With many countries and agencies advocating for the use of sustainable business, this is a huge issue. Businesses operating in Indonesian emerging markets can use the insights to develop more sustainable and profitable business models. Nonetheless, from the theoretical perspective, the research contributes to understanding sustainable business models in emerging markets and provides a framework for future research in this field. Originality/Value: This research contributes significant value to society. It offers original insights into sustainable business models in Indonesian emerging markets, where limited empirical studies have been conducted. The comprehensive analysis of various variables and their statistical significance adds value to the existing knowledge on sustainability in emerging markets.

Sustainable business models (SBMs) represent a contemporary approach seeking to deliver value to businesses and a wide range of stakeholders. This paper addresses the existing gap in practical guidance for businesses aiming to incorporate a wider range of stakeholders into their SBMs. To address the gap, a systematic review of academic literature and a review of mining company reports were conducted. The findings demonstrate that it is imperative to integrate stakeholders to achieve sustainability objectives, gain societal acceptance and foster legitimacy while maintaining alignment with stakeholders' concerns. To this end, the theoretical implication of this study lies in introducing a stakeholder integration model (SIM) that underscores the roles of identification, communication, knowledge sharing and continual improvement in achieving sustainability objectives and societal acceptance within SBMs. Practically, it addresses a gap by providing practical guidance for businesses to integrate stakeholders to manage risk, uncover value‐creation opportunities and gain social acceptance. [ABSTRACT FROM AUTHOR]

In our study we explore sustainable business models for local newspapers by combining data from content analysis with data from a choice-based conjoint analysis and survey data from 160 readers of a German regional newspaper. Drawing from news value theory, we try to answer which content matters most to consumers of local newspapers, thus supporting local publishers' development of marketable value propositions. Based on multivariate regression analysis, our results suggest that consumers value articles covering local topics the most. We also find evidence for interaction effects of quality perception and reading behaviour on the willingness to pay. [ABSTRACT FROM AUTHOR]

In this article, which has an exploratory, conceptual nature, we discuss the challenges for sustainable business model (SBM) practitioners to include a broader range of stakeholders in developing value‐creation logic. This is of relevance as it is not clear how the process of enrolling stakeholders to create value unfolds for SBMs. We argue that researchers should be included as key stakeholders and propose using design thinking as an approach for engagement to co‐create sustainable business solutions. By incorporating design thinking, researchers and practitioners can collaborate on addressing sustainable problems in their business model to improve mutual understanding about the problem‐solution evolution. Including researchers also helps contextualize and align sustainable business model research to design practical testing of solutions. We illustrate this with a model representing the cognitive process of co‐creation between researchers and practitioners in SBM design. [ABSTRACT FROM AUTHOR]

Copyright of Innovar: Revista de Ciencias Administrativas y Sociales is the property of Universidad Nacional de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Research on sustainable business models (SBMs) has been hindered by the use of traditional business model (BM) components indiscriminately applied to explain sustainable value (SV). Moreover, little has been done to reveal key components in BMs aiming to address the needs of the poor; that is, that part of the population referred to as the base of the pyramid (BoP). Following a case study methodology, we observe that conventional components are insufficient to clearly explain SV in SBMs for the BoP. The main contribution of this research is that it discloses that in SBMs for the BoP, activities (grouped into elements and components) are distinctively amalgamated to produce SV. This arrangement might be unique to SBMs for the BoP, and here we opt to present it in the form of a framework that articulates both a priori and emergent components and elements. In this framework, value adoption and value transmission are integrated as new components for analyzing this type of BM. [ABSTRACT FROM AUTHOR]

Cross-border e-commerce, as a new form of trade driven by digital technology, provides an opportunity to enhance the entrepreneurial vitality of cities. With the help of the comprehensive pilot area for cross-border e-commerce, also called a "quasi-natural" experiment, and using 2010–2020 panel data and Chinese business enterprise registration data for 278 cities in China, this paper examined the impact of cross-border e-commerce on enterprise vitality. The study found that the pilot policy in the comprehensive pilot area promoted the entrepreneurial vitality to increase by about 13.3%, and it remained stable after a series of tests. The heterogeneity analysis shows that the pilot policies in the comprehensive pilot areas have a stronger effect on the promotion of enterprise vitality in the eastern and western regions. At the same time, the pilot policy has expanded the scope of enterprise subjects and plays a more prominent enterprise incentive effect in small and medium-sized cities, cities with low innovation, and small and medium-sized registered enterprises. In addition, the pilot policy stimulates the entrepreneurial vitality of the service industry, but has no significant impact on agriculture and manufacturing. In terms of the influence mechanism, the comprehensive pilot area mainly affects the entrepreneurial vitality by means of optimizing the business environment, reducing the entry cost, promoting the synergistic agglomeration of manufacturing and producer services, and stimulating market demand. The further spatial spillover effect found that the comprehensive pilot area not only improves the entrepreneurial vitality of the pilot cities, but also radiates the enterprise development of neighboring and surrounding cities with similar economic development. [ABSTRACT FROM AUTHOR]

This article deals with the under-researched phenomenon of rural health entrepreneurship and its major characteristics. The purpose of this study is to explicate the process of providing health services in rural areas of a developing country and their relation to SDGs. The paper is based on six semi-structured interviews conducted with Serbian health entrepreneurs in rural areas (two private practices, two policlinics, and two dental practices), a review of laws and strategies relevant to the field, and three sessions of discussions with eight experts (four authors and four additional experts). The research methodology follows an empirical, mixed-method case study research procedure. The results are presented in relation to the aspects of frugality, family orientation, and sustainability-oriented innovation. The timeline of the six case studies demonstrates the increasing importance of health entrepreneurs in rural areas due to the aging population and, therefore, increased needs for quality healthcare in these areas. The financing instruments have also become more formal and substantial in recent years, enabling the growth of healthcare businesses in rural areas. However, a major obstacle to further sustainable development remains the non-refundability of services before the state-owned, obligatory health fund, creating major social inequalities, especially in rural areas. [ABSTRACT FROM AUTHOR]

Background: Sustainability has proven to be one of the most concerning issues in modern business. Many organizations strive to gain a competitive advantage by employing more sustainable business models and strategies. This empirical research paper aims to explore the dynamics of sustainable business models in Indonesian emerging markets. Purpose: The research analyzes the key factors affecting sustainable business models in Indonesian emerging markets. In addition, this paper evaluates the impact of sustainable business practices on business performance and whether they have been implemented. Consequently, the research also highlights and give major insights into developing innovative business models to empower sustainability in these markets. Methodology: The methodology used in this study is a mixed-method approach. Through this, the researcher can use qualitative data sources. The primary data sources include statistical data, surveys, and interviews with key stakeholders in Indonesian emerging markets. Secondary data sources such as academic literature and industry publications are also significant in getting further information for this research. The study probes into the changing aspects of legitimate business models within the conditions of Indonesian arising markets. Precisely, it enlightens on the complex facts of sustainability operations embraced by corporations managing within these markets. Essential subjects of scrutiny comprise the businesses themselves, partners actively engaged in developing sustainability and valued industry specialists. To ensure an extensive analysis, the methodology used outlines certain tasks necessary for achieving its aims. These tasks entail a meticulous evaluation of the existing written work, accurate data collection attempts, rigorous techniques of data analysis and introspective analysis of the findings. Practically, the study engages a powerful framework consisting of carefully crafted designs of research. These methodologies are fitted to the distinctive background of the Indonesian emerging markets. Findings: The research has numerous findings surrounding the various factors influencing sustainable business models in emerging Indonesian markets. These variables include economic, various market dynamics, and environmental, social, and technological factors. These factors have resulted in various outcomes in the country. In addition, there are extra factors such as infrastructure and logistics, political and regulatory factors, and financial performance. Notably, the statistical analyses reveal the significance of these variables in shaping sustainable business models in the country. Implications: The findings of this study have both practical and theoretical implications. With many countries and agencies advocating for the use of sustainable business, this is a huge issue. Businesses operating in Indonesian emerging markets can use the insights to develop more sustainable and profitable business models. Nonetheless, from the theoretical perspective, the research contributes to understanding sustainable business models in emerging markets and provides a framework for future research in this field. Originality/Value: This research contributes significant value to society. It offers original insights into sustainable business models in Indonesian emerging markets, where limited empirical studies have been conducted. The comprehensive analysis of various variables and their statistical significance adds value to the existing knowledge on sustainability in emerging markets. [ABSTRACT FROM AUTHOR]

Purpose: The growing imperative for sustainable business practices has led to a recognition that companies must transform their business models to encompass economic, social, and environmental value. At the heart of this transformation is the triple bottom line framework, which evaluates business success in the three dimensions of profit, people, and the planet. Simultaneously, design-driven innovation embraces future-oriented approaches that include people and the ecosystem as stakeholders, while evolving the lenses of innovation, namely desirability (planet), feasibility (network), and viability (prosperity). This evolution offers a new perspective that extends the triple bottom line in business model design by considering the feasibility of achieving impactful, original, and useful innovations. We explore a potential method for designing a business model anchored in the conceptualization of design-driven innovation and a tool to support the creative exploration and coherence assessment of more sustainable (than those currently in use) business models. Design/Methodology/Approach: We built on previous knowledge of design, design-driven innovation, and business model design, and merged with insights from our direct experience as design-driven innovation practitioners, including in applying the tools in different instances with client companies. Findings: We propose the Design-Driven Innovation Business Model Canvas, and provide initial anecdotal evidence from its potential to support the creative exploration and coherence assessment of sustainable business models. Originality/Value: Our tool is designed to merge the design-driven innovation perspective with business design requirements to generate more sustainable business models than those currently in use. We also propose a new conceptualization of the three lenses of innovation, which we then relate to the triple bottom line. [ABSTRACT FROM AUTHOR]

This paper looks at different case studies of European lotteries operating games of chance for the public benefit. It takes the case studies of four national lotteries as most similar systems design comparative methodology to investigate the extent to which market structure and managerial strategy play a role in the profitability of the companies. The empirical data collected through process tracing, public statements and public records shows that while being bound to interact with each other, the market context does not dictate managerial strategies, and innovations in the latter offer very diverging results in terms of the bottom line of the different European lotteries operating games of chance. This paper contributes thus to the existing literature on market conditions for companies operating games of chance (e.g. Huttenen 2020, Grote & Matheson 2023, Clotfelter & Cook 1991) by developing a much-needed link to the academic literature on corporate governance in state-owned enterprises (e.g. Cao & Vittas 2017, Szarzec & Nowara 2017, Megginson & Netter 2019). [ABSTRACT FROM AUTHOR]

Purpose: The policy of sustainable development places requirements on businesses to reduce their negative environmental impact. One of the sectors of the economy that is responsible for greenhouse gas emissions is road transportation. Consideration of the European Union9s environmental goals is forcing road carriers to have environmental measures built into their business models. The purpose of the study was to learn how road carriers can reduce their negative environmental impact so that they can fit in with the goals of the environmental policy and to learn about the regulatory tools that the road carriers expect to be able to support these activities. Design/methodology/approach: Data for this study was collected in computer-assisted telephone interviews (CATI). The study was conducted in late 2021 and early 2022 by a Polish company that was responsible for the selection of the sample and the collection of the data. The survey was conducted on a sample of 146 medium and large Polish road freight carriers and was a continuation of a study carried out on the same sample of entities conducted in late 2019 and early 2020 using the same technique. Findings: As part of their fleet policy, in order to fit in with environmental goals, carriers base their business models on the purchase of new means of transportation that meet increasingly stringent emission standards and reinforce environmentally friendly attitudes by buying means of transportation with smaller engine displacement that is tailored to the needs arising from their operations. Pro-environmental operational activities of medium and large Polish road freight carriers involve the use of solutions that change the composition of exhaust gases (AdBlue) and reduce fuel consumption (lowering rolling resistance 3 energy-efficient tires and lowering air resistance 3 fairings), and the acquisition of pro-environmental driving skills (eco-driving). Other environmentally friendly measures are to increase the utilisation of the vehicle capacity (cargo consolidation) and to eliminate empty runs by looking for cargo to be carried on the way back and using route planning software. Originality/value: The paper indicates the methods to reduce the negative environmental impact considered in the business models of medium and large road freight carriers, so that they fit in with the environmental policy goals, and indicates their expectations associated with the support for the achievement of zero-emission transportation. The results can be useful in the adoption on both the European and Polish level of policies leading to a zero-carbon economy. [ABSTRACT FROM AUTHOR]

Purpose: Artificial Intelligence (AI) is a growing technology impacting several business fields. The agricultural sector is facing several challenges, which may be supported by the use of such a new advanced technology. The aim of the paper is to map the state-of-the-art of AI applications in agriculture, their advantages, barriers, implications and the ability to lead to new business models, depicting a future research agenda. Design/methodology/approach: A structured literature review has been conducted, and 37 contributions have been analyzed and coded using a detailed research framework. Findings: Findings underline the multiple uses and advantages of AI in agriculture and the potential impacts for farmers and entrepreneurs, even from a sustainability perspective. Several applications and algorithms are being developed and tested, but many barriers arise, starting from the lack of understanding by farmers and the need for global investments. A collaboration between scholars and practitioners is advocated to share best practices and lead to practical solutions and policies. The promising topic of new business models is still under-investigated and deserves more attention from scholars and practitioners. Originality/value: The paper reports the state-of-the-art of AI in agriculture and its impact on the development of new business models. Several new research avenues have been identified. [ABSTRACT FROM AUTHOR]

Technology-based innovations in the bio-economy are expected to provide new market opportunities for agro-industrial growth in developing countries. This study explores how domestic entrepreneurs have been benefiting from the growing global demand for sustainable agribusiness by establishing themselves in the agricultural bio-inputs sector. Aiming to explore how developing countries can build agro-industrial capabilities that go beyond farming, a case study was conducted in Argentina giving the country's large domestic market for agricultural inputs. The assessment was based on official data and a survey conducted with a sample of 14 Argentinean companies. Results revealed a growing number of domestic companies in the bio-inputs market, which accounted for 74% of the total number of companies by 2022. Contextual aspects that favored domestic players include private investments by local entrepreneurs, the use of locally available technologies, support from public innovation centers and assertive market strategies. Principal component analysis revealed different business models, which include companies focusing on the development of new products, companies with professional industrial plants for large-scale production and companies with a strong marketing component reaching out to farmers. The global growth of sustainable bio-based agricultural production offers areas of opportunities for domestic investments in cleaner agro-industrial sectors that go beyond the primary production of commodities and can build industrial capabilities in developing countries. [ABSTRACT FROM AUTHOR]

Smallholder farmers (SFs) are cornerstone actors in eradicating poverty and hunger. Companies have recently focused on SFs as potential customers and suppliers. Several hindrances yet prevent SFs to be commercially viable actors. In this respect, sustainable business models (SBMs) bring opportunities for companies to increase profit, improve SFs' livelihoods, and promote environmental sustainability. Recognizing these opportunities, the Dutch company aQysta provides the Barsha pump (BP) as a sustainable irrigation solution for SFs. The challenges for BP adoption that remain for SFs illustrate that there is still limited understanding of how SBMs can support companies in engaging with SFs. To expand this understanding, we conducted a multiple‐case analysis of 10 organizations providing SF‐tailored products and/or services. Based on this analysis, we have drawn lessons for aQysta (and similar companies) to improve the BP's value proposition and we elaborate on the implications of this study for other organizations engaging commercially with SFs. [ABSTRACT FROM AUTHOR]

Technology-based innovations in the bio-economy are expected to provide new market opportunities for agro-industrial growth in developing countries. This study explores how domestic entrepreneurs have been benefiting from the growing global demand for sustainable agribusiness by establishing themselves in the agricultural bio-inputs sector. Aiming to explore how developing countries can build agro-industrial capabilities that go beyond farming, a case study was conducted in Argentina giving the country’s large domestic market for agricultural inputs. The assessment was based on official data and a survey conducted with a sample of 14 Argentinean companies. Results revealed a growing number of domestic companies in the bio-inputs market, which accounted for 74% of the total number of companies by 2022. Contextual aspects that favored domestic players include private investments by local entrepreneurs, the use of locally available technologies, support from public innovation centers and assertive market strategies. Principal component analysis revealed different business models, which include companies focusing on the development of new products, companies with professional industrial plants for large-scale production and companies with a strong marketing component reaching out to farmers. The global growth of sustainable bio-based agricultural production offers areas of opportunities for domestic investments in cleaner agro-industrial sectors that go beyond the primary production of commodities and can build industrial capabilities in developing countries.

This study evaluates the managerial sustainability of implementing a decision support system for industrial symbiosis through a recent business modeling methodology. The decision support system is intended to facilitate the identification of implementable industrial symbiosis good practices in a pilot project located in the industrial retro-port area of Trieste. To evaluate the feasibility of this project, a qualitative “Dynamic business model canvas for sustainability” was designed and supported by a system dynamics approach using causal loop diagrams. The study analyzed various governance scenarios for managing the decision support system (public, private, or public–private partnership) and the financing system. The analysis concludes by discussing the research limitations of this study and future opportunities, emphasizing the importance of a resilient system that can handle operational and regulatory shocks, given the project’s public relevance. Further study opportunities could be provided through quantitative simulations and potential numerical validations with stakeholders in the local area, considering potential regulatory constraints.

As green bonds continue their dynamic growth trajectory to finance the transition to a more sustainable future, a gap in the literature remains on how companies have overcome internal barriers to successful green bond issuance. This case-based study analyzes how five Nordic energy companies have successfully surmounted internal barriers to issuing green bonds by leveraging their sustainable business models. The findings show a number of antecedental features of sustainable business models prior to green bond issuance including: a focus on environmental betterment as part of the mission and strategy; investments into assets that provide an environmental benefit and a divestiture of those that do not; the active pursuit to reduce CO2 emissions through R&D; and, strong governance mechanisms. Throughout the process of issuing green bonds, companies introduce changes to their sustainable business models, most notably, green finance frameworks and additional governance practices. As a result of the green bond issuance, reinforcing choices and consequences emerge to create virtuous cycles. In turn, the virtuous cycles support environmental objectives and foster more economic and environmental value for the company, investors, and society. Our study offers a process-based theoretical outline of how sustainable financing can make a business model more sustainable by removing internal barriers and strengthening company strategy, asset choices, and governance.

The present work is amongst the few that attempt to critically assess the maturity of Business Model (BM) and strategy disclosures of listed firms under the shadow of the new EU reporting directive, the Corporate Sustainability Reporting Directive (CSRD). The novel Practices Evaluation Approach (PEA), developed recently by the Project Task Force on Reporting of Non-Financial Risks and Opportunities (PTF-RNFRO), offers the evaluation framework for this assessment. The PEA delineates and evaluates the maturity of BM and strategy disclosures against qualitative characteristics and content elements drawn from well-accepted, financial and non-financial, reporting frameworks, standards and directives (including the CSRD). Therefore, the PEA provides the advantage of a contemporary and integrated/holistic assessment tool. Specifically, the following seven evaluation criteria are used for the assessment: clarity and comprehensiveness of the overall BM, strategy disclosure, disclosure of the BM's potential across-time horizons and its dependencies, impacts on sustainability issues, material sustainability issues that are likely to affect the company's performance, the BM's exposure to sustainability risks and sustainability opportunities, and sustainability strategy, targets, KPIs and their monitoring and progress. The analysis covered 30 CSR/sustainability reports and connected documents of listed companies operating in 6 key sectors of the Greek economy, i.e., information technology, construction, tourism and transportation, cosmetics, banking and energy. The results of our analysis offer evidence that BM reporting is not holistically developed (i.e., critical components are missing), and the level of development varies across the examined sectors. Moreover, sustainability risks are more stressed, in relevance to opportunities, whilst positive (rather than negative) impacts are mainly disclosed. Also, the quantification of sustainability risks and opportunities does not appear frequently, whilst the interconnections between sustainability strategy and companies' financial objectives is relatively restricted. The paper concludes by pointing out some critical hints useful for enhancing the maturity of BM and strategy disclosures. [ABSTRACT FROM AUTHOR]

Copyright of Journal of Entrepreneurship, Management & Innovation is the property of Wyzsza Szkola Biznesu-National Louis University and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

A significant amount of food produced for human consumption is lost or wasted worldwide. To prevent and reduce food waste, the food industry needs a productive and profitable approach. Such approaches often entail businesses making decisions that utilise and integrate sustainability tools. Integrating tools into businesses can inform their sustainability strategies and activities. This sustainability‐driven opportunity indicates a need to gain insights into business strategies for reducing food waste and the tools used to do so. The current study reviews these strategies and tools by examining publicly available Australian food industry documents. Based on an analysis of secondary sources, this review identified 40 food businesses and revealed their various strategies for reducing food waste. The review found that several businesses use various strategies to reduce food waste, including sustainable farming, diverting waste from landfills and donating unsold food. However, preventative strategies for surplus food creation have received less attention in addressing the causes of food waste. Interestingly, little published information on the tools contributing to more sustainable food production. The review's findings can provide practical implications and guidelines through a more nuanced understanding of food waste strategies. The conclusion also explains the study's limitations and suggests further research areas. [ABSTRACT FROM AUTHOR]

Abstract This study investigates existing literature on decarbonization technology responsibility for sustainable business models in the shipping industry. Specifically, it considers the relationship between responsible innovation from green technology adoption in decarbonization management practices and gender equality to precisely target how decarbonization technology relates to gender mainstreaming, a key element of Sustainable Development Goal 5 in the UN 2030 Agenda. From the institutional theory perspective, this study conducted a systematic review of 114 articles published in the ISI Web of Science and Scopus databases from 1990 to 2022. The results highlight that green technology adoption can support low-carbon practices and gender equality in the shipping industry by contributing to decarbonization technology responsibility, sustainable business models, and responsible innovation. Ultimately, this study suggests that shipping management should provide training and workshops for women on technology adoption in decarbonization operational processes to support gender quality and technological development. It also presents a new conceptual framework and research propositions on significant issues that are currently neglected. The proposed framework may be treated as a decarbonization technology responsibility guideline in shipping management that can reshape the organizational culture to promote gender equality.

Over the past two decades, the wine sector has witnessed a significant rise in sustainable practices driven by concerns about sustainability and their impact on wine quality. However, the lack of a common framework for sustainability concepts has resulted in a wide range of practices. Among these, biodynamic viticulture has gained remarkable traction among producers due to its perception as a strong quality indicator, despite the lack of scientific consensus and regulatory alignment across countries. Biodynamics traces its origins back to the organic movement and is viewed by some scholars as a radical progression of organic agriculture. The surging popularity of biodynamics is rooted in the expanding organic movement, reflecting consumer demand for ecologically-conscious, premium goods. Amid this complex backdrop, the wine industry grapples with navigating diverse sustainability approaches and formulating effective business models for competitiveness. Vital is comprehending and adeptly conveying sustainability values to consumers. Prior research mainly quantified sustainability’s impacts, external drivers, and motivations. However, a gap remains in exploring sustainable business models’ role in driving innovation and value creation through alternative networks in the wine sector. This paper presents findings from a phased qualitative study in Tuscany (Italy), reflecting on the evolving landscape. The results underscore synergies between biodynamic and organic approaches, emphasizing their strong connection with the territory. These strategies synergistically promote sustainability and differentiation, enhancing product quality, reducing environmental impact, and fostering territorial engagement. The study accentuates the role of territorial and business context, profoundly influencing collaborative and proactive strategies among producers, exemplified by networks like Lucca Biodinamica. These networks catalyze innovation, knowledge dissemination, and collaborative initiatives, profoundly impacting strategy adoption and advocating for sustainability. Within such ecosystems, a nurturing environment for sustainability practices is cultivated, spurring innovation and winery cooperation. Case studies vividly illustrate that wineries within these networks frequently adopt proactive sustainability stances, grounded in shared environmental and societal commitment. Conversely, some scenarios feature place-rooted leadership models tied to factors like origin, winemaking tradition, and wine tourism, driving innovation. Participating in alternative wine networks represents a strategic choice with lasting personal and economic implications–a framework for innovation and embracing sustainability.

Abstract Agribusiness is using several strategies to achieve sustainable development. The sustainable business models and the circular business models tools are adopted to turn agro-industrial waste into new sustainable products and business opportunities. Even if they are two different tools, the boundary between them is not strictly defined but quite flexible, making it difficult for researchers and stakeholders to discriminate among them. Helping to simplify the understanding of their boundaries, authors purpose to carry out a bibliometric comparative analysis between the sustainable business models and the circular business models in agribusiness. The study aims to underline their different and similar trends in literature. For the analysis, Bibliometrix R-Tool was used and the metadata of two databases (WoS and Scopus) were retrieved and merged. Biblioshiny was used to provide graphical outputs. Data from the two groups were compared in different analysis, such as keywords used, country’s research performance, annual scientific production, among others. It resulted that, although circular business models are more recent in comparison with sustainable business models, both present an increasing publication interest in literature and a similar geographical distribution interest about the issues. However, some interesting differences have been identified, such as the most frequent keywords plus and citation used, among others. These findings can help identify overall trends in circular and sustainable business models in agribusiness, and point out contrasting and common aspects, providing an overview about these research topics in academic literature over time. Additionally, this investigation provides clear outlines and helpful information to researchers, scholars, government managers, industry managers, and consultants.