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Game-changer business models for sustainable development

Author

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  • Rudolf R. Sinkovics
  • Denanjalee Gunaratne
  • Noemi Sinkovics

Abstract

To address the grand challenges that society faces, incremental change and gradual organizational renewal are not sufficient. A radical transformation of business models is needed. In this paper, we explore game-changer business models that incorporate sustainability principles into their organizational DNA. We draw on two examples from the agrifood sector to illustrate the components of the business model, the impact of Industry 4.0 technologies and the sustainability outcomes. We reinforce the importance of collaboration between policymakers, business leaders and researchers to identify, promote and scale up these business models for transformative societal change.

Suggested Citation

  • Rudolf R. Sinkovics & Denanjalee Gunaratne & Noemi Sinkovics, . "Game-changer business models for sustainable development," UNCTAD Transnational Corporations Journal, United Nations Conference on Trade and Development.
  • Handle: RePEc:unc:tncjou:117
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    References listed on IDEAS

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    1. Sinkovics, Noemi & Sinkovics, Rudolf R. & Yamin, Mo, 2014. "The role of social value creation in business model formulation at the bottom of the pyramid – Implications for MNEs?," International Business Review, Elsevier, vol. 23(4), pages 692-707.
    2. A. Rebecca Reuber & Esther Tippmann & Sinéad Monaghan, 2021. "Global scaling as a logic of multinationalization," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 52(6), pages 1031-1046, August.
    3. Bag, Surajit & Gupta, Shivam & Kumar, Sameer, 2021. "Industry 4.0 adoption and 10R advance manufacturing capabilities for sustainable development," International Journal of Production Economics, Elsevier, vol. 231(C).
    4. Saeed Nosratabadi & Amirhosein Mosavi & Zoltan Lakner, 2020. "Food Supply Chain and Business Model Innovation," Papers 2001.03982, arXiv.org.
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