Dynamic sustainable business modelling: exploring the dynamics of business model components considering the product development framework

To date, the use of three key aspects together has received little attention in studies on sustainable business models (SBMs). These aspects are a) the qualitative design of SBMs based on a valid sustainable business model canvas presented so far, b) the dynamic quantitative analysis of the designed SBMs, and c) the identification of appropriate business policies for different future scenarios, not just for one. Therefore, in this research, an attempt is made to study all three aspects by proposing a new practical framework based on one of the latest SBMs, called value triangular business model canvas (VTBMC), and system dynamics. To evaluate the proposed framework in the real world, it was implemented as a case study in Farassan Industrial and Manufacturing Company, one of the companies producing composite pipes. The results showed that the proposed framework helps business owners and managers identify the proper policies to achieve their key business objectives in the future under critical uncertainties and also create appropriate balanced values for a wide range of stakeholders, rather than just for shareholders.

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“…1. SBMC design but no quantitative dynamic analyses and no variety of future scenarios (e.g., Maresova et al, 2022;Cosenz et al, 2020).…”

Section: Discussionmentioning

confidence: 99%

“…This category includes the studies that focused on the design of conventional business model canvas (CBMC) (e.g., Ammirato et al, 2021) and the design of sustainable business model canvas (SBMC) (e.g., Maresova et al, 2022;Cosenz et al, 2020).…”

Section: Designmentioning

confidence: 99%

Qualitative design and quantitative analysis of sustainable business models using value triangular business model canvas and system dynamics

Youli¹,

Mohammadi²,

Alimohammadlou³

et al. 2023

10.5267/j.jfs

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Charting the temporal evolution of stakeholder involvement in business model for sustainability: A comprehensive bibliometric review

Attanasio,

Battistella

2024

Corp Soc Responsibility Env

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This paper aims to explore and analyse the temporal evolution of the concept of stakeholder involvement, highlighting the transformations, influences, and interpretations that this concept has undergone over the years. The particular setting is business models for sustainability (BMfS). Through in‐depth bibliometric literature review and critical analysis, co‐citation analysis is used to identify the past themes in the topic and bibliographic coupling analysis to explore its recent developments. Future developments of the themes are then outlined. The paper proposes a conceptual framework called Sustainability Strategy Map for Stakeholder Involvement that can help organisations move towards business models for sustainability, acting on purpose, architecture and involvement to achieve outcomes. The goal is to create a detailed map of the evolution of this concept over time, highlighting crucial milestones, controversies, and connections with other key concepts. Major results show that, compared with the past, recent research is more practical, improvement‐oriented, expanded to polluting industries and focused on economic performance. Finally, stakeholder involvement shifted from management and engagement to integration, a deeper and longer connection characterised by a strategic relationship.

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Microfranchises: An Innovative Business Model

Pérez-Morón,

Thoene,

Alonso

2024

Reference Module in Social Sciences

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Dynamic sustainable business modelling: exploring the dynamics of business model components considering the product development framework

Cited by 4 publications

References 52 publications

Qualitative design and quantitative analysis of sustainable business models using value triangular business model canvas and system dynamics

Qualitative design and quantitative analysis of sustainable business models using value triangular business model canvas and system dynamics

Charting the temporal evolution of stakeholder involvement in business model for sustainability: A comprehensive bibliometric review

Microfranchises: An Innovative Business Model

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