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Business Models for Sustainability From a System Dynamics Perspective
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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“Additionally, transport-related studies have employed ML and DSS with ANN, DT, NC, FL, SVM, LR, and time series models (e.g., Ref. [173,174]).”
From Smarter eco-cities and their leading-edge artificial intelligence of things solutions for environmental sustainability: A comprehensive systematic review (2024) · cites this paper as [173]
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Metadata
- 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
- 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
- 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
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
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