Knowledge Tree
Relations (1)
related 9.00 — strongly supporting 9 facts
Sustainability and innovation are deeply interconnected as core strategic drivers, with research identifying them as key search terms [1] and foundational elements of business ecosystems [2]. They are frequently integrated within business models to improve performance [3], with shared drivers like investment and stakeholder engagement [4] and organizational mindsets [5] linking their implementation.
Facts (9)
Sources
Business Model Innovation: a Framework for Assessing Corporate ... link.springer.com 8 facts
claimPatagonia demonstrates a highly integrated strategy with 12% anchored sustainability, aligning innovation, impact, ecosystem, and sustainability efforts toward societal and environmental goals.
claimUnilever demonstrates the practical application of the theoretical construct that integrated reporting links sustainability, financial performance, and innovation, as highlighted by Eccles and Serafeim.
procedureThe research paper employs a 4-step process to develop an analysis grid: (1) review the interdependence between sustainability and profitability, (2) investigate the dependency between business models and sustainability, (3) consider the relationship between innovation and business models, and (4) reflect on the coexistence of innovation and sustainability.
claimInnovation and corporate social responsibility are the topics most globally interconnected with sustainability.
procedureTo address sustainability gaps, companies should follow these steps: (1) foster cross-departmental collaboration to break silos and enhance holistic sustainability integration, (2) invest in training programs to embed sustainability and innovation mindsets across all organizational levels, and (3) develop customized metrics for tracking progress to ensure transparency and accountability.
claimInvestment and stakeholder engagement serve as the foundational drivers for both innovation for sustainability and sustainability for innovation.
procedureThe literature review search process identified 'business model,' 'sustainability,' and 'innovation' as key search terms.
claimA study in Europe found that companies that adapt their business models toward sustainability using innovations experience improvements in overall performance.
Business ecosystems as a way to activate lock-in in business models link.springer.com 1 fact
referenceIansiti and Levien (2004) discussed the dynamics of business ecosystems and their implications for strategy, innovation, and sustainability in their book, The Keystone Advantage.