Chapter 4 Eco Innovation
DOI: 10.23912/9781911396857-3956 | ISBN: 9781911396857 |
Published: October 2018 | Component type: chapter |
Published in: Principles of Sustainable Project Management | Parent DOI: 10.23912/9781911396857-3884 |
Abstract
Business model innovation (BMI) has emerged as a key root cause of competitive advantage. This is vital for organizations seeking to achieve the set strategic objectives through projects, particularly New Product Development (NPD) projects. However, there is limited attention among scholars and practitioners about sustainable BMI and its methods. Eco-innovation efforts (including the environmental, social and economic dimensions of innovation) concentrate on triple bottom line goals, but to date there seems to be a deficit of academic and practitioner literature on the effect of this type of innovation on new business models. Scholars has been trying to address this gap, mostly focused on eco-innovation from a product-centric perspective where the product is the cornerstone of the new sustainable business models. And this is how conventional sustainable business model innovation is being developed.
Sample content
Contributors
- Alberto Peralta, EAE Business School (Author)
- Jorge Castellote, Consultant (Author)
- Mohamed Salama, Herriot Watt University (Author) https://orcid.org/0000-0001-5212-082X
For the source title:
- Mohamed Salama, Herriot Watt University (Editor) https://orcid.org/0000-0001-5212-082X
Cite as
Peralta, Castellote & Salama, 2018
Peralta, A., Castellote, J. & Salama, M. (2018) "Chapter 4 Eco Innovation" In: Salama, M. (ed) . Oxford: Goodfellow Publishers http://dx.doi.org/10.23912/9781911396857-3956
Save, bookmark or recommend
 Save on Mendeley |  Share on Twitter |  Share on LinkedIn |  Share on Facebook |
References
Lean Startup is a novel approach towards business model innovation. This chapter aims to show how its concepts and tools are deeply rooted in sustainable concepts and how eco-innovation, under this new approach, is developed a step further, considering not only the product but the whole business model as the unit subject to eco-innovation.
Beck, K. and Al, E. (2001) Manifesto for agile software development. Available at: http://agilemanifesto.org/.
Blank, S. (2010) Turning on your reality distortion field. Available at: https://steveblank.com/2010/04/22/turning-on-your-reality-distortion-field/.
Blank, S. (2013) Why the lean start-up changes everything, Harvard Business Review, 91, 64–72.
Blank, S. (2015) Lean Innovation Management - Making Corporate Innovation Work. Forbes. Available from https://www.forbes.com/sites/steveblank/2015/06/25/lean-innovation-management-making-corporate-innovation-work/#7f86f19f7c6a
Blank, S. and Dorf, B. (2012) The Startup Owner's Manual: The step-by-step guide for building a great company. K & S Ranch.
Bocken, N. M. P., Short, S.W., Rana, P. and Evans, S. (2014) A literature and practice review to develop sustainable business model archetypes, Journal of Cleaner Production. 65, 42–56. doi: 10.1016/j.jclepro.2013.11.039.
https://doi.org/10.1016/j.jclepro.2013.11.039
Carrillo-Hermosilla, J., Del RÃo, P. and Könnölä, T. (2010) Diversity of eco-innovations: Reflections from selected case studies, Journal of Cleaner Production, 18(10–11), pp. 1073–1083. doi: 10.1016/j.jclepro.2010.02.014.
https://doi.org/10.1016/j.jclepro.2010.02.014
Dennehy, D., Kasraian, L., O'Raghallaigh, P. and Conboy, K. (2016) Product Market Fit Frameworks for Lean Product Development, in R&D Management Conference 2016 'From Science to Society: Innovation and Value Creation', pp. 1–11.
Eisenmann, T., Ries, E. and Dillard, S. (2011) Hypothesis-Driven Entrepreneurship: The Lean Startup, Harvard Business School Background Note 812-095, 44(December), pp. 1–23.
Elkington, J. (2013) Enter the triple bottom line, In A. Henriques and J. Richardson, The Triple Bottom Line: Does it All Add Up, London: Routledge, pp. 1–16. doi: 10.4324/9781849773348.
https://doi.org/10.4324/9781849773348
Evans, S., Vladimirova, D., Holgado, M., Van Fossen, K., Miying Yang, M., Silva, E.A. and Barlow, C.Y. (2017) Business model innovation for sustainability: towards a unified perspective for creation of sustainable business models, Business Strategy and the Environment, 26(5), 597–608. doi: 10.1002/bse.1939.
https://doi.org/10.1002/bse.1939
Frederiksen, D. L. and Brem, A. (2017) How do entrepreneurs think they create value? A scientific reflection of Eric Ries' Lean Startup approach, International Entrepreneurship and Management Journal, 13(1), 169–189. doi: 10.1007/s11365-016-0411-x.
https://doi.org/10.1007/s11365-016-0411-x
Geissdoerfer, M. and Jan Hultink, E. (2016) Design thinking to enhance the sustainable business modelling process – A workshop based on a value mapping process, Journal of Cleaner Production, (July). doi: 10.1016/j.jclepro.2016.07.020.
https://doi.org/10.1016/j.jclepro.2016.07.020
Geissdoerfer, M., Savaget, P. and Evans, S. (2016) The Cambridge Business Model Innovation Process, in 14th Global Conference on Sustainable Manufacturing.
He, F., Miao, X., Wong, C.W.Y. and Lee, S. (2017) Contemporary corporate eco-innovation research: a systematic review, Journal of Cleaner Production. 174, 502–526. doi: 10.1016/j.jclepro.2017.10.314.
https://doi.org/10.1016/j.jclepro.2017.10.314
Mansoori, Y. (2017) Enacting the lean startup methodology, International Journal of Entrepreneurial Behavior & Research, 23(5), 812–838. doi: 10.1108/IJEBR-06-2016-0195.
https://doi.org/10.1108/IJEBR-06-2016-0195
Osterwalder, A. and Pigneur, Y. (2010) Business Model Generation: A handbook for visionaries, game changers, and challengers. John Wiley & Sons.
Rasmussen, E. S. and Tanev, S. (2016) Lean start-up: Making the start-up more successful, Start-Up Creation: The Smart Eco-Efficient Built Environment. Elsevier Ltd. doi: 10.1016/ B978-0-08-100546-0.00003-0.
Ries (2011) The Lean Startup: How today's entrepreneurs use continuous innovation to create radically sucessful businesses. Penguin Group.
Ries, E. (2008) The Lean Startup, Startup lessons learned.
Schaltegger, S., Lüdeke-Freund, F. and Hansen, E. G. (2012) Business cases for sustainability: The role of business model innovation for corporate sustainability, International Journal ofInnovation and Sustainable Development, 6(2), 95–119. doi: 10.1504/IJISD.2012.046944.
https://doi.org/10.1504/IJISD.2012.046944
Stubbs, W. and Cocklin, C. (2008) Conceptualizing a 'Sustainability Business Model', Organization & Environment, 21, 103–127. doi: 10.1177/1086026608318042.
https://doi.org/10.1177/1086026608318042
Yang, M. Evans, S., Vladimirova, D. and Rana, P. (2017) Value uncaptured perspective for sustainable business model innovation, Journal of Cleaner Production. 140, 1794–1804. doi:10.1016/j.jclepro.2016.07.102.
https://doi.org/10.1016/j.jclepro.2016.07.102