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Small and medium enterprises and sustainable business models: Exploring enabling factors for adoption

Ciro Troise Orcid Logo, Gabriele Santoro Orcid Logo, Paul Jones Orcid Logo, Stefano Bresciani

Journal of Management and Organization, Pages: 1 - 14

Swansea University Author: Paul Jones Orcid Logo

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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...

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Published in: Journal of Management and Organization
ISSN: 1833-3672 1839-3527
Published: Cambridge University Press (CUP) 2023
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URI: https://cronfa.swan.ac.uk/Record/cronfa65647
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first_indexed 2024-02-16T17:04:30Z
last_indexed 2024-02-16T17:04:30Z
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spelling v2 65647 2024-02-16 Small and medium enterprises and sustainable business models: Exploring enabling factors for adoption 21e2660aaa102fe36fc981880dd9e082 0000-0003-0417-9143 Paul Jones Paul Jones true false 2024-02-16 BBU 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. Journal Article Journal of Management and Organization 0 1 14 Cambridge University Press (CUP) 1833-3672 1839-3527 sustainable business model; SMEs; business model; sustainability; enabling factors 31 8 2023 2023-08-31 10.1017/jmo.2023.45 COLLEGE NANME Business COLLEGE CODE BBU Swansea University Another institution paid the OA fee This research did not receive any specific grant from funding agencies in the public, commercial, or not-for-profit sectors. 2024-04-03T16:01:35.8183024 2024-02-16T16:22:48.0898468 Faculty of Humanities and Social Sciences School of Management - Business Management Ciro Troise 0000-0002-8899-8949 1 Gabriele Santoro 0000-0002-6407-483x 2 Paul Jones 0000-0003-0417-9143 3 Stefano Bresciani 4 65647__29892__d06fee7632864b14a04074d9955f7d62.pdf 65647.VOR.pdf 2024-04-03T15:09:14.7385611 Output 326384 application/pdf Version of Record true © The Author(s), 2023. This is an Open Access article, distributed under the terms of the Creative Commons Attribution licence. true eng http://creativecommons.org/licenses/by/4.0/
title Small and medium enterprises and sustainable business models: Exploring enabling factors for adoption
spellingShingle Small and medium enterprises and sustainable business models: Exploring enabling factors for adoption
Paul Jones
title_short Small and medium enterprises and sustainable business models: Exploring enabling factors for adoption
title_full Small and medium enterprises and sustainable business models: Exploring enabling factors for adoption
title_fullStr Small and medium enterprises and sustainable business models: Exploring enabling factors for adoption
title_full_unstemmed Small and medium enterprises and sustainable business models: Exploring enabling factors for adoption
title_sort Small and medium enterprises and sustainable business models: Exploring enabling factors for adoption
author_id_str_mv 21e2660aaa102fe36fc981880dd9e082
author_id_fullname_str_mv 21e2660aaa102fe36fc981880dd9e082_***_Paul Jones
author Paul Jones
author2 Ciro Troise
Gabriele Santoro
Paul Jones
Stefano Bresciani
format Journal article
container_title Journal of Management and Organization
container_volume 0
container_start_page 1
publishDate 2023
institution Swansea University
issn 1833-3672
1839-3527
doi_str_mv 10.1017/jmo.2023.45
publisher Cambridge University Press (CUP)
college_str Faculty of Humanities and Social Sciences
hierarchytype
hierarchy_top_id facultyofhumanitiesandsocialsciences
hierarchy_top_title Faculty of Humanities and Social Sciences
hierarchy_parent_id facultyofhumanitiesandsocialsciences
hierarchy_parent_title Faculty of Humanities and Social Sciences
department_str School of Management - Business Management{{{_:::_}}}Faculty of Humanities and Social Sciences{{{_:::_}}}School of Management - Business Management
document_store_str 1
active_str 0
description 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.
published_date 2023-08-31T16:01:32Z
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score 11.013731

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