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The Age Of Sustainable Business Models

Author

Listed:
  • Sorin-George Toma

    (Facultatea de Administratie si Afaceri, Universitatea din Bucuresti)

  • Paul Marinescu

    (Facultatea de Administratie si Afaceri, Universitatea din Bucuresti)

  • Catalin Gradinaru

    (Facultatea de Administratie si Afaceri, Universitatea din Bucuresti)

Abstract

Sustainability has become a key concept in the business world in the past decades. It represents a holistic approach that covers several topics such as environmental issues, social equity or economic development. Companies have understood the need of integrating sustainability in their business models. Business models are connected with their value propositions and show the way companies operate. The old business models are no longer possible. They were grounded only on an economic foundation. The new business models are increasingly sustainable business models that align the profit imperative with the social and environmental benefits. The aims of our paper are to define the concept of sustainable business model and to highlight its significance in the current business world. Our research is based on a literature review.

Suggested Citation

  • Sorin-George Toma & Paul Marinescu & Catalin Gradinaru, 2016. "The Age Of Sustainable Business Models," Management Strategies Journal, Constantin Brancoveanu University, vol. 34(4), pages 128-132.
    • Handle: RePEc:brc:journl:v:34:y:2016:i:4:p:128-132
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    File URL: http://www.strategiimanageriale.ro/papers/160417.pdf
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    References listed on IDEAS

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    1. World Commission on Environment and Development,, 1987. "Our Common Future," OUP Catalogue, Oxford University Press, number 9780192820808.
    2. Harold Hotelling, 1931. "The Economics of Exhaustible Resources," Journal of Political Economy, University of Chicago Press, vol. 39(2), pages 137-137.
    3. Zott, Christoph & Amit, Raphael & Massa, Lorenzo, 2010. "The business model: Theoretical roots, recent developments, and future research," IESE Research Papers D/862, IESE Business School.
    4. Robert M. Solow, 1974. "The Economics of Resources or the Resources of Economics," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 12, pages 257-276, Palgrave Macmillan.
    5. Beate Littig & Erich Griessler, 2005. "Social sustainability: a catchword between political pragmatism and social theory," International Journal of Sustainable Development, Inderscience Enterprises Ltd, vol. 8(1/2), pages 65-79.
    6. Amit, Raphael & Zott, Christoph, 2010. "Business model innovation: Creating value in times of change," IESE Research Papers D/870, IESE Business School.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Sorin-George Toma, 2024. "America’s Most Innovative Corporations in the Period 2022-2023," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 549-554, August.
    2. Catalin GRADINARU & Sorin-George TOMA & Stefan CATANA, 2021. "Sustainability And Competitiveness At The Global Level: An Analysis Of The Top 10 Countries In The Period 2018-2020," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 6(3), pages 121-128.
    3. Cornelia Nistor & Radu Herman, 2020. "Sustainable tourism as an essential factor of economic growth and local development in the sustainable economy," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 32(1), pages 60-77, December.

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    More about this item

    Keywords

    business model; sustainability; sustainable development; company;
    All these keywords.

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration

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