IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v15y2023i19p14330-d1249962.html
   My bibliography  Save this article

Including Sustainability Criteria in the Front End of Innovation in Technology Ventures

Author

Listed:
  • Paola Andrea de Antonio Boada

    (Mechanical Engineering Department, Universidade Federal de Santa Catarina, Florianópolis, SC 88040-900, Brazil
    Faculty of Engineering, Program of Industrial Engineering, Universidad Autonoma de Bucaramanga, Avenida 42, No. 48-11, Bucaramanga 680003, Colombia)

  • Julian Fernando Ordoñez Durán

    (Faculty of Engineering, Program of Industrial Engineering, Universidad de Santander, Campus Universitario Lagos del Cacique, Calle 70, No. 55-210, Bucaramanga 680001, Colombia)

  • Fabio Leonardo Gómez Ávila

    (Faculty of Engineering, Program of Industrial Engineering, Universidad Autonoma de Bucaramanga, Avenida 42, No. 48-11, Bucaramanga 680003, Colombia)

  • João Carlos Espindola Ferreira

    (Mechanical Engineering Department, Universidade Federal de Santa Catarina, Florianópolis, SC 88040-900, Brazil)

Abstract

This study evaluates the presence of sustainability parameters in the product development process, especially in the early stages of innovation, using the Sustainability Technology Readiness Level (STRL) tool. STRL assesses the initial planning of products or product and service systems (PSS) and suggests possibilities for incorporating sustainable features in the short, medium, and long term based on responses from startups (EBTs). The research was conducted in two ecosystems at different maturity levels: Florianópolis (Brazil), a more mature stage, and Santander (Colombia), which is growing, considering their cultural and social differences. To validate the STRL tool, four out of the eighteen winning startups from the MuEBTe SANTANDER public funding project in Colombia were selected. Characteristics of the two researched ecosystems, their actors, strengths, approaches, and expansion possibilities were identified and compared. The innovation lies in establishing a sustainable baseline when applying the tool by acquiring the front-end characteristic matrix. It was observed that sustainability as a variable has relevance and independence from product design in product planning, allowing for the selection of short, medium, and long-term actions throughout the product’s lifecycle. It was concluded that considering sustainability involves context and vision, resulting in significant choices of materials, processes, and production methods that add value and appreciation for the customer.

Suggested Citation

  • Paola Andrea de Antonio Boada & Julian Fernando Ordoñez Durán & Fabio Leonardo Gómez Ávila & João Carlos Espindola Ferreira, 2023. "Including Sustainability Criteria in the Front End of Innovation in Technology Ventures," Sustainability, MDPI, vol. 15(19), pages 1-35, September.
    • Handle: RePEc:gam:jsusta:v:15:y:2023:i:19:p:14330-:d:1249962
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/15/19/14330/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/15/19/14330/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Sarasvathy, Saras D., 2003. "Entrepreneurship as a science of the artificial," Journal of Economic Psychology, Elsevier, vol. 24(2), pages 203-220, April.
    2. Syed Mithun Ali & Andrea Appolloni & Fausto Cavallaro & Idiano D’Adamo & Assunta Di Vaio & Francesco Ferella & Massimo Gastaldi & Muhammad Ikram & Nallapaneni Manoj Kumar & Michael Alan Martin & Abdul, 2023. "Development Goals towards Sustainability," Sustainability, MDPI, vol. 15(12), pages 1-11, June.
    3. Gabriel Rissola & Jens Sorvik, 2018. "Digital Innovation Hubs in Smart Specialisation Strategies," JRC Research Reports JRC113111, Joint Research Centre.
    4. Hou, Hong & Shi, Yongjiang, 2021. "Ecosystem-as-structure and ecosystem-as-coevolution: A constructive examination," Technovation, Elsevier, vol. 100(C).
    5. Dubini, Paola, 1989. "The influence of motivations and environment on business start-ups: Some hints for public policies," Journal of Business Venturing, Elsevier, vol. 4(1), pages 11-26, January.
    6. Oliva, Fábio Lotti, 2016. "A maturity model for enterprise risk management," International Journal of Production Economics, Elsevier, vol. 173(C), pages 66-79.
    Full references (including those not matched with items on IDEAS)

    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. Hoe Chin Goi & Jiro Kokuryo, 2016. "Design of a University-Based Venture Gestation Program (UVGP)," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 24(01), pages 1-35, March.
    2. Yu-Li Lin & Hsiu-Wen Liu & Fengzeng Xu & Hao Wang, 2016. "Environmental Conditions, Entrepreneur Alertness and Social Capital on Performance," International Business Research, Canadian Center of Science and Education, vol. 9(8), pages 1-13, August.
    3. Odeh Al-Jayyousi & Hira Amin & Hiba Ali Al-Saudi & Amjaad Aljassas & Evren Tok, 2023. "Mission-Oriented Innovation Policy for Sustainable Development: A Systematic Literature Review," Sustainability, MDPI, vol. 15(17), pages 1-21, August.
    4. Lin, Edward M.H. & Sun, Edward W. & Yu, Min-Teh, 2020. "Behavioral data-driven analysis with Bayesian method for risk management of financial services," International Journal of Production Economics, Elsevier, vol. 228(C).
    5. Emmanuel Affum-Osei & Sharon G. Goto & June Chun Yeung & Rong Wang & Hodar Lam & Inusah Abdul-Nasiru & Darius K. S. Chan, 2024. "A cross-cultural study of entrepreneurial motivation and entrepreneurial intentions amongst university students: the roles of individualism and collectivism," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 14(1), pages 1-19, December.
    6. Liu, Xuan & Hu, Ye & Xiao, Yan, 2017. "Risk management for rural energy industry of Sichuan Province in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 69(C), pages 1029-1044.
    7. Raquel Francisco Mafra & Jacir Leonir Casagrande & Ana Regina de Aguiar Dutra & Nei Antonio Nunes & Felipe Texeira Dias & Samuel Borges Barbosa & José Baltazar Salgueirinho Osório de Andrade Guerra, 2024. "Social Innovation as a Support for the Visibility of Vulnerable Communities," Sustainability, MDPI, vol. 16(11), pages 1-22, May.
    8. Edgardo Bucciarelli & Nicola Mattoscio, 2021. "Reconsidering Herbert A. Simon’s Major Themes in Economics: Towards an Experimentally Grounded Capital Structure Theory Drawing from His Methodological Conjectures," Computational Economics, Springer;Society for Computational Economics, vol. 57(3), pages 799-823, March.
    9. Christophe Schmitt & Julien Husson, 2014. "La conception : un mécanisme de la pensée entrepreneuriale," Post-Print hal-02999878, HAL.
    10. Danny Miller & Cyrille Sardais, 2015. "Bifurcating Time: How Entrepreneurs Reconcile the Paradoxical Demands of the Job," Entrepreneurship Theory and Practice, , vol. 39(3), pages 489-512, May.
    11. Michael Fritsch & Michael Wyrwich, 2012. "The Long Persistence of Regional Entrepreneurship Culture: Germany 1925-2005," Jena Economics Research Papers 2012-036, Friedrich-Schiller-University Jena.
    12. Idiano D’Adamo & Cristina Di Carlo & Massimo Gastaldi & Edouard Nicolas Rossi & Antonio Felice Uricchio, 2024. "Economic Performance, Environmental Protection and Social Progress: A Cluster Analysis Comparison towards Sustainable Development," Sustainability, MDPI, vol. 16(12), pages 1-24, June.
    13. Jonek-Kowalska, Izabela & Nawrocki, Tomasz L., 2019. "Holistic fuzzy evaluation of operational risk in polish mining enterprises in a long-term and sectoral research perspective," Resources Policy, Elsevier, vol. 63(C), pages 1-1.
    14. André Spithoven & Bruno Merlevede, 2023. "The productivity impact of R&D and FDI spillovers: characterising regional path development," The Journal of Technology Transfer, Springer, vol. 48(2), pages 560-590, April.
    15. Shirokova, Galina & Osiyevskyy, Oleksiy & Bogatyreva, Karina, 2016. "Exploring the intention–behavior link in student entrepreneurship: Moderating effects of individual and environmental characteristics," European Management Journal, Elsevier, vol. 34(4), pages 386-399.
    16. Qiao Jian Min, 2024. "The Impact of Social Responsibility and Innovation Ecosystem of Chinese Pharmaceutical Enterprises on Innovation Performance," International Journal of Science and Business, IJSAB International, vol. 36(1), pages 84-99.
    17. Omid Ali Kharazmi & Lia Shaddel, 2024. "Evolutionary and Structural Evaluation of Innovation Ecosystems with the Aim of Mapping and Increasing Performance of Mashhad’s Gold and Jewelry Innovation Ecosystem," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(2), pages 8231-8261, June.
    18. Morgan P. Miles & Mark Morrison, 2020. "An effectual leadership perspective for developing rural entrepreneurial ecosystems," Small Business Economics, Springer, vol. 54(4), pages 933-949, April.
    19. Renata Anisiewicz, 2021. "Conditions for Development of the Entrepreneurial Ecosystem in Tourism in the Border Area of the European Union: The Example of the Tri-Border Area of Poland–Belarus–Ukraine," Sustainability, MDPI, vol. 13(24), pages 1-25, December.
    20. Nora Hesse, 2015. "Students' Career Attitudes - How Entrepreneurial Are Prospective Scientists?," Working Papers on Innovation and Space 2015-03, Philipps University Marburg, Department of Geography.

    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:15:y:2023:i:19:p:14330-:d:1249962. 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.