Knowledge Tree
Relations (1)
related 2.32 — strongly supporting 4 facts
The concept of sustainability is intrinsically linked to sustainable business models, as these models are defined by their integration of economic, environmental, and social aspects of sustainability {fact:2, fact:3}. Furthermore, research explicitly explores how learning mechanisms enhance the understanding of both sustainability and the implementation of sustainable business models [1], while academic discourse examines the roles of different company types in advancing sustainability [2].
Facts (4)
Sources
Does the combination of sustainable business model patterns lead ... link.springer.com 2 facts
referenceHockerts and Wüstenhagen (2010) initiated a scientific debate regarding the roles of 'Davids' (small, young companies) and 'Goliaths' (large incumbents) in sustainability, noting that while small companies lack financial resources, they avoid the inertia that hinders large incumbents from shifting toward sustainable business models.
claimSustainable business models (SBMs) are defined as business models that are ecologically, economically, and socially sustainable.
Sustainable Business Models | Springer Nature Link link.springer.com 1 fact
claimSustainable business models (SBMs) are defined as models that draw on economic, environmental, and social aspects of sustainability to define an organization’s purpose, use a triple bottom-line (people, profit, planet) approach to measure performance, consider the needs of all stakeholders rather than prioritizing shareholder expectations, treat nature as a stakeholder, and encompass both system-level and firm-level perspectives.
Advancing the understanding of sustainable business models ... onlinelibrary.wiley.com 1 fact
claimThe authors of the study "Advancing the understanding of sustainable business models" assert that their research reveals concrete learning mechanisms that enhance the understanding of sustainability and sustainable business models.