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The Evolution of Sustainable Business Model Innovation: Evidence from a Sharing Economy Platform in China

Author

Listed:
  • Haibo Hu

    (School of Business Administration, Jiangxi University of Finance and Economics, West Fenglin Street, Economic and Technical Development Zone, Nanchang 330032, China)

  • Tao Huang

    (Center for Industrial Production, Aalborg University, Fibigerstraede 16, DK-9220 Aalborg, Denmark)

  • Yang Cheng

    (School of Business Administration, Jiangxi University of Finance and Economics, West Fenglin Street, Economic and Technical Development Zone, Nanchang 330032, China
    Center for Industrial Production, Aalborg University, Fibigerstraede 16, DK-9220 Aalborg, Denmark)

  • Haitao Lu

    (School of Business Administration, Jiangxi University of Finance and Economics, West Fenglin Street, Economic and Technical Development Zone, Nanchang 330032, China)

Abstract

In this paper, we explore the emergence of Sheke Network (SKN), an architecture design company whose network platform permits architecture design institutes to seek suitable architects for their architectural design projects. The concepts of sustainable business model (SBM) innovation are used to analyze the SKN’s novel business model, which is built around modern internet technologies, and SKN’s distinct appeal, which centers on cost savings, resource sharing, and the potential for access to more architects’ experiences. Although SBM innovation theory has had a significant impact on management practices and aroused plenty of rich debate within academia, it is still not clearly understood how a company might successfully build a sharing economy (SE) platform using SBM innovation. Thus, this article analyzes the process of SBM innovation in terms of its three essential factors—sustainable value proposition (SVP), sustainable value creation and delivery (SVC&D), and sustainable value capture (SVC)—aiming to disambiguate the black box by examining SKN as a case study. The findings highlight the dynamic evolution of SBM innovation in the development of a sharing economy platform.

Suggested Citation

  • Haibo Hu & Tao Huang & Yang Cheng & Haitao Lu, 2019. "The Evolution of Sustainable Business Model Innovation: Evidence from a Sharing Economy Platform in China," Sustainability, MDPI, vol. 11(15), pages 1-16, August.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:15:p:4207-:d:254626
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    References listed on IDEAS

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    Cited by:

    1. Belezas, Fernando & Daniel, Ana Dias, 2023. "Innovation in the sharing economy: A systematic literature review and research framework," Technovation, Elsevier, vol. 122(C).
    2. Vinicius Luiz Ferraz Minatogawa & Matheus Munhoz Vieira Franco & Izabela Simon Rampasso & Rosley Anholon & Ruy Quadros & Orlando Durán & Antonio Batocchio, 2019. "Operationalizing Business Model Innovation through Big Data Analytics for Sustainable Organizations," Sustainability, MDPI, vol. 12(1), pages 1-29, December.
    3. Matthias Filser & Sascha Kraus & Matthias Breier & Ioanna Nenova & Kaisu Puumalainen, 2021. "Business model innovation: Identifying foundations and trajectories," Business Strategy and the Environment, Wiley Blackwell, vol. 30(2), pages 891-907, February.
    4. Vinicius Minatogawa & Matheus Franco & Izabela Simon Rampasso & Maria Holgado & Diego Garrido & Hernan Pinto & Ruy Quadros, 2022. "Towards Systematic Sustainable Business Model Innovation: What Can We Learn from Business Model Innovation," Sustainability, MDPI, vol. 14(5), pages 1-35, March.
    5. Jiachao Peng & Hanfei Chen & Lei Jia & Shuke Fu & Jiali Tian, 2023. "Impact of Digital Industrialization on the Energy Industry Supply Chain: Evidence from the Natural Gas Industry in China," Energies, MDPI, vol. 16(4), pages 1-32, February.
    6. Noemi Sinkovics & Denanjalee Gunaratne & Rudolf R. Sinkovics & Francisco-Jose Molina-Castillo, 2021. "Sustainable Business Model Innovation: An Umbrella Review," Sustainability, MDPI, vol. 13(13), pages 1-17, June.

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