Cited by 443Sustainable Supply Chain ManagementEnvironmental Sustainability in BusinessSustainability and Innovation in Business

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Business Models for Sustainability From a System Dynamics Perspective

Abdelkafi, Nizar, Täuscher, Karl·2016·Organization & Environment

DOI 10.1177/1086026615592930

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Abstract

To achieve sustainability, a firm has to transform its entire business logic. A business model for sustainability (BMfS) aims at creating value for various stakeholders and the natural environment. This article advances the current understanding of the basic functioning of BMfS by applying a systems perspective. Our BMfS understanding incorporates the natural environment as an essential element, but does not deal with sustainability from a broad perspective. The core logic of a BMfS is built upon the creation of a reinforcing feedback loop between the created value to the customers, the value captured by the firm, and the value to the natural environment. Consequently, we develop a graphical model based on system dynamics notation. First, we conceptualize the basic feedback loops. Then, we propose partial models for the firm, natural environment, entrepreneur/manager, and customer, and then integrate these partial models within a systemic, multilevel model. Finally, we generate propositions that combine insights from the model and extant literature.

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Authors: Abdelkafi, N., & Täuscher, K.
Affiliations: Fraunhofer Center for International Management and Knowledge Economy (DE)
Business Model Engineering and Innovation, Fraunhofer MOEZ, Leipzig, Germany
Corresponding author: Abdelkafi, Nizar
ORCID: Abdelkafi, Nizar
Venue: Organization & Environment
Publisher: SAGE Publications
Published: 2015-07-02
Volume: 29
Issue: 1
Pages: 74-96
ISSN: 1086-0266 (ISSN-L)
1552-7417
DOI: 10.1177/1086026615592930
OpenAlex: W2281331439
Cited by: 443
References: 84
Citations by year: 2026: 28 · 2025: 42 · 2024: 41 · 2023: 50 · 2022: 36 · 2021: 54 · 2020: 61 · 2019: 57 · 2018: 38 · 2017: 30 · 2016: 6
FWCI: 68.96
Type: journal article
Language: en
Open access: closed
Licence: journals.sagepub.com/page/policies/text-and-data-mining-license (tdm)
Locations: Organization & Environment (publishedVersion)
Research Explorer (The University of Manchester) (publishedVersion)
Fraunhofer-Publica (Fraunhofer-Gesellschaft) (submittedVersion)
Topics: Social Sciences › Business, Management and Accounting › Strategy and Management › Sustainable Supply Chain Management
Social Sciences › Business, Management and Accounting › Marketing › Environmental Sustainability in Business
Social Sciences › Business, Management and Accounting › Management of Technology and Innovation › Sustainability and Innovation in Business
Keywords: business model transformation, reinforcing feedback loops, value creation, stakeholder value, natural environment, system dynamics modeling, multilevel modeling, firm-environment interaction

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Business Models for Sustainability From a System Dynamics Perspective

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