2023
DOI: 10.1002/bse.3361
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Open Innovation for sustainable transition: The case of Enel “Open Power”

Abstract: Only in the last years, Sustainable Open Innovation has become a unique issue from the convergence between the concept of Open Innovation and sustainability as well as a challenge for the future business models of companies. Given that the aim to build a more sustainable world is one of the most relevant targets to reach over the world, the present work has focused on how Open Innovation is a catalyst for sustainability, by proposing a model for the case study in an underdeveloped sector, such as the energy on… Show more

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Cited by 21 publications
(6 citation statements)
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References 81 publications
(154 reference statements)
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“…Several studies investigated the sustainability practices and the impact these have on ESG performance [86,87,90,91]. Some studies evidenced that circular economy [68,69,74] and technological innovations [70][71][72] are essential to supporting utility companies' change from traditional business models to sustainable business models [2]. However, the importance of investing in new technologies has been stressed in the energy and waste sectors more than in others.…”
Section: Discussionmentioning
confidence: 99%
See 1 more Smart Citation
“…Several studies investigated the sustainability practices and the impact these have on ESG performance [86,87,90,91]. Some studies evidenced that circular economy [68,69,74] and technological innovations [70][71][72] are essential to supporting utility companies' change from traditional business models to sustainable business models [2]. However, the importance of investing in new technologies has been stressed in the energy and waste sectors more than in others.…”
Section: Discussionmentioning
confidence: 99%
“…However, sustainable technologies have not yet reached mass markets and remain confined to niche ones, as they are economically attractive but are difficult to commercialize [71]. Recent studies have stressed the importance of open innovation in sustainability, paving the way for changes in companies' future business models [72].…”
Section: Practices For Sustainability: the Relevance Of The Circular ...mentioning
confidence: 99%
“…Stakeholder engagement can support organizations identify sustainability challenges and opportunities, co-create innovative solutions, and enhance trust and legitimacy among their stakeholders. In this view, combining the pillars of CSR (Carrol, 1979, Schwartz, 2011 and the perspectives of creating shared value, a model of sustainable strategic innovation emerges, which is founded on a collaborative approach necessary to consolidate sustainable relationships (Freeman, Harrison & Wicks, 2007;Lippolis, Ruggieri, & Leopizzi, 2023).…”
Section: Openness and Shared Value For Sustainability-oriented Innova...mentioning
confidence: 99%
“…As highlighted by the most recent literature on the subject, the dynamics of stakeholder engagement with a view to openness and to creating shared value play a key strategic role in enhancing sustainability-oriented innovation processes (Chaurasia, Kaul, Yadav & Shukla, 2020;Camilleri et. al, 2023;Lippolis et al, 2023). In fact, sustainability-oriented innovation (SI) (Klewitz & Hansen, 2013;Adams, Jeanrenaud, Bessant, Denyer & Overy, 2016;Bogers, Chesbrough, & Strand, 2020;Bigliardi & Filippelli, 2022;Markovic, Bagherzadeh, Barkemeyer & Samara, 2023) is a concept that refers to the integration of environmental, social and economic aspects in the process of developing and implementing new ideas, products, services or business models and can occur at different levels, from individual to organizational and systemic, without neglecting their interconnections (Kimpimäki et al, 2022).…”
Section: Sustainable Practicesmentioning
confidence: 99%
“…Learning organizations prioritize employee development and engagement, fostering a workforce that is equipped to deliver high-quality services and adapt to the evolving needs of digital transformation (Acevedo & Diaz-Molina, 2023; Othman & ElKady, 2023). By embracing the principles of a learning organization, HR departments can enhance their service quality, responsiveness, and effectiveness in supporting employees throughout the digital transformation journey (Lippolis et al, 2023;Maguatcher & Ru, 2023).…”
Section: Introductionmentioning
confidence: 99%