Journal article 264 views 62 downloads
Small and medium enterprises and sustainable business models: Exploring enabling factors for adoption
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Gabriele Santoro ,
Paul Jones ,
Stefano Bresciani
Journal of Management and Organization, Pages: 1 - 14
Swansea University Author:
Paul Jones
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© The Author(s), 2023. This is an Open Access article, distributed under the terms of the Creative Commons Attribution licence.
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DOI (Published version): 10.1017/jmo.2023.45
Abstract
An increasing number of small and medium enterprises (SMEs) are focusing on sustainable development and on embracing sustainable business models (SBMs). Despite the growing interest of academics and practitioners in SBMs, and the benefits for stakeholders, there is limited knowledge regarding the fa...
| Published in: | Journal of Management and Organization |
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| ISSN: | 1833-3672 1839-3527 |
| Published: |
Cambridge University Press (CUP)
2023
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| Online Access: |
Check full text
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| URI: | https://cronfa.swan.ac.uk/Record/cronfa65647 |
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| Abstract: |
An increasing number of small and medium enterprises (SMEs) are focusing on sustainable development and on embracing sustainable business models (SBMs). Despite the growing interest of academics and practitioners in SBMs, and the benefits for stakeholders, there is limited knowledge regarding the factors enabling SME transition toward SBMs, leading them to integrate sustainable principles in their BMs. This study explores the enabling factors for SBM adoption by SMEs and provides an improved understanding of this recent phenomenon. Understanding what factors enable adoption of SBMs is crucial for both SMEs and policymakers. The research uses an inductive qualitative research design approach focused on multiple case studies. The findings reveal that both internal and external factors play a key role in enabling SME transition toward SBM adoption. The internal factors that emerged include openness, change of mindset, problemistic search, social exchange, and resource valorization, while external factors included markets change, technological innovation, stakeholders’ influences, policy and institutions. |
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| Keywords: |
sustainable business model; SMEs; business model; sustainability; enabling factors |
| College: |
Faculty of Humanities and Social Sciences |
| Funders: |
This research did not receive any specific grant from funding agencies in the public, commercial, or
not-for-profit sectors. |
| Start Page: |
1 |
| End Page: |
14 |