IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v14y2022i16p10101-d888571.html
   My bibliography  Save this article

Business Model Innovation for Sustainable Value Creation in Construction Companies

Author

Listed:
  • Igor Ceratti Treptow

    (Postgraduate Program in Administration, Federal University of Santa Maria, Santa Maria 97105-900, Brazil)

  • Jordana Marques Kneipp

    (Postgraduate Program in Administration, Federal University of Santa Maria, Santa Maria 97105-900, Brazil)

  • Clandia Maffini Gomes

    (Postgraduate Program in Administration, Federal University of Santa Maria, Santa Maria 97105-900, Brazil)

  • Isak Kruglianskas

    (School of Economics, Business and Accounting (FEA), University of São Paulo, São Paulo 05508-010, Brazil)

  • Rodrigo Reis Favarin

    (Postgraduate Program in Administration, Federal University of Santa Maria, Santa Maria 97105-900, Brazil)

  • Carlos María Fernandez-Jardón

    (Applied Economics, Economics and Business Administration for Society—ECOBAS, University of Vigo, 36310 Vigo, Spain
    IDLab, National Research University Higher School of Economics, 101000 Moscow, Russia)

Abstract

This paper aimed to analyze how innovations in the business model contribute to creating sustainable value in construction companies. The results revealed that analyzed companies implement practices that enhance their reputation and contribute to the environment while securing economic benefits. These practices include material reuse and replacing traditional processes with renewable ones (installing photovoltaic panels and rainwater harvesting). Companies also have tried to integrate with the community through sponsorships, primarily in sports and cultural events, and assistance to homes for the elderly and needy educational institutions. Companies need to implement processes that contribute to the rational use of water and waste reduction during construction projects despite the results. Furthermore, this study has the importance of identifying actions that are oriented towards generating benefits for society and the environment and analyzing them from the perspective of the creation of sustainable value from innovations in the business model.

Suggested Citation

  • Igor Ceratti Treptow & Jordana Marques Kneipp & Clandia Maffini Gomes & Isak Kruglianskas & Rodrigo Reis Favarin & Carlos María Fernandez-Jardón, 2022. "Business Model Innovation for Sustainable Value Creation in Construction Companies," Sustainability, MDPI, vol. 14(16), pages 1-17, August.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:16:p:10101-:d:888571
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/14/16/10101/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/14/16/10101/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Minttu Laukkanen & Samuli Patala, 2014. "Analysing Barriers To Sustainable Business Model Innovations: Innovation Systems Approach," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 18(06), pages 1-21.
    2. Hossain, Md. Uzzal & Ng, S. Thomas & Antwi-Afari, Prince & Amor, Ben, 2020. "Circular economy and the construction industry: Existing trends, challenges and prospective framework for sustainable construction," Renewable and Sustainable Energy Reviews, Elsevier, vol. 130(C).
    3. Barbara Bigliardi & Serena Filippelli, 2021. "Investigating Circular Business Model Innovation through Keywords Analysis," Sustainability, MDPI, vol. 13(9), pages 1-23, April.
    4. Oliver Maaß & Philipp Grundmann, 2018. "Governing Transactions and Interdependences between Linked Value Chains in a Circular Economy: The Case of Wastewater Reuse in Braunschweig (Germany)," Sustainability, MDPI, vol. 10(4), pages 1-29, April.
    5. Reza Kiani Mavi & Denise Gengatharen & Neda Kiani Mavi & Richard Hughes & Alistair Campbell & Ross Yates, 2021. "Sustainability in Construction Projects: A Systematic Literature Review," Sustainability, MDPI, vol. 13(4), pages 1-24, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Magdalena Zioło & Iwona Bąk & Anna Spoz, 2023. "Theoretical framework of sustainable value creation by companies. What do we know so far?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(5), pages 2344-2361, September.
    2. Broccardo, Laura & Vola, Paola & Zicari, Adrian & Alshibani, Safiya Mukhtar, 2023. "Contingency-based analysis of the drivers and obstacles to a successful sustainable business model: Seeking the uncaptured value," Technological Forecasting and Social Change, Elsevier, vol. 191(C).
    3. Cabral, Natália Gomes Cavalcante & Gohr, Cláudia Fabiana, 2023. "Sustainable value creation in sharing economy: Conceptual framework proposition and application in Brazilian offline communities," Technological Forecasting and Social Change, Elsevier, vol. 186(PA).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mechthild Donner & Anne Verniquet & Jan Broeze & Katrin Kayser & Hugo de Vries, 2021. "Critical success and risk factors for circular business models valorising agricultural waste and by-products," Post-Print hal-03004851, HAL.
    2. Mateusz Wielopolski & Willem Bulthuis, 2023. "The Better Building Initiative — a Collaborative Ecosystem Involving All Stakeholders as Catalyst to Accelerate the Adoption of Circular Economy Innovations in the Construction Sector," Circular Economy and Sustainability, Springer, vol. 3(2), pages 719-733, June.
    3. Abderahman Rejeb & Karim Rejeb & Suhaiza Zailani & Yasanur Kayikci & John G. Keogh, 2023. "Examining Knowledge Diffusion in the Circular Economy Domain: a Main Path Analysis," Circular Economy and Sustainability, Springer, vol. 3(1), pages 125-166, March.
    4. Jun Geng & Yi Huang & Xiang Li & Yun Zhang, 2023. "Overcoming Barriers to the Adoption of Recycled Construction Materials: A Comprehensive PEST Analysis and Tailored Strategies," Sustainability, MDPI, vol. 15(19), pages 1-16, October.
    5. Sultan Çetin & Catherine De Wolf & Nancy Bocken, 2021. "Circular Digital Built Environment: An Emerging Framework," Sustainability, MDPI, vol. 13(11), pages 1-34, June.
    6. Karol Król & Dariusz Zdonek, 2023. "Cultural Heritage Topics in Online Queries: A Comparison between English- and Polish-Speaking Internet Users," Sustainability, MDPI, vol. 15(6), pages 1-20, March.
    7. Gabriela-Nicoleta Andrisan & Andra Modreanu, 2024. "Sustainability in Business Models: The Case of MUD Jeans," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 370-377, August.
    8. Wim Lambrechts & Andrew Mitchell & Mark Lemon & Muhammad Usman Mazhar & Ward Ooms & Rikkert van Heerde, 2021. "The Transition of Dutch Social Housing Corporations to Sustainable Business Models for New Buildings and Retrofits," Energies, MDPI, vol. 14(3), pages 1-24, January.
    9. Bellink, Miriam & Verburg, René W., 2023. "A system lock-in blocks the uptake of mixed sustainable Eucalyptus plantations in Brazil," Land Use Policy, Elsevier, vol. 134(C).
    10. Javier Orozco-Messana & Milagro Iborra-Lucas & Raimon Calabuig-Moreno, 2021. "Neighbourhood Modelling for Urban Sustainability Assessment," Sustainability, MDPI, vol. 13(9), pages 1-10, April.
    11. Magnus Sparrevik & Luitzen Boer & Ottar Michelsen & Christofer Skaar & Haley Knudson & Annik Magerholm Fet, 2021. "Circular economy in the construction sector: advancing environmental performance through systemic and holistic thinking," Environment Systems and Decisions, Springer, vol. 41(3), pages 392-400, September.
    12. 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.
    13. Kaisa Vehmas & Nancy Bocken & Hannamaija Tuovila, 2024. "Understanding Consumer Attitudes Towards Sustainable Business Models—A Qualitative Study with Finnish Consumers," Circular Economy and Sustainability, Springer, vol. 4(2), pages 1487-1512, June.
    14. Jatta Pitkänen & Hanna Lehtimäki & Ari Jokinen, 2023. "Sustainability Project Champions as Environmental Leaders in a City Organization: Driving the Urban Circular Economy," South Asian Journal of Business and Management Cases, , vol. 12(1), pages 52-64, April.
    15. Raluca Buzatu & Viorel Ungureanu & Adrian Ciutina & Mihăiţă Gireadă & Daniel Vitan & Ioan Petran, 2021. "Experimental Evaluation of Energy-Efficiency in a Holistically Designed Building," Energies, MDPI, vol. 14(16), pages 1-22, August.
    16. Zahra Hosseini & Bertrand Laratte & Pierre Blanchet, 2023. "Implementing circular economy in the construction sector: Evaluating CE strategies by developing a framework," Post-Print hal-04124246, HAL.
    17. Ellen Sterk, 2023. "Willingness to pay for recycled aggregates in concrete among German construction clients," MAGKS Papers on Economics 202311, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    18. Anna Adamik & Michał Nowicki & Andrius Puksas, 2022. "Energy Oriented Concepts and Other SMART WORLD Trends as Game Changers of Co-Production—Reality or Future?," Energies, MDPI, vol. 15(11), pages 1-38, June.
    19. Fehrer, Julia A. & Wieland, Heiko, 2021. "A systemic logic for circular business models," Journal of Business Research, Elsevier, vol. 125(C), pages 609-620.
    20. Roma Ryś-Jurek, 2024. "On-Farm Production of Renewable Energy in 2014–2022," Energies, MDPI, vol. 17(21), pages 1-18, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:14:y:2022:i:16:p:10101-:d:888571. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.