Why and how to compete through sustainability: a review and outline of trends influencing firm and network-level transformation

Vinit Parida, Joakim Wincent*

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

10 Citations (Scopus)

Abstract

This article reviews and discusses how to compete with sustainability by reviewing the literature about sustainability, business models, innovation, and networks. It is an introduction to the special issue on “innovative inter-organizational networks and sustainable economy: current trends and future opportunities” and a call for more research where we examine and outline ideas for how the new and rapidly spreading trends of digitalization, the circular economy, and servitization are force firms to develop new types of competitive advantages. We elaborate upon the transformation needs at firm-level capabilities and business models, as well as network-level changes through the formation of new ecosystems and new ways of engaging in co-creation with partners. These firm and network level transformation discussions are complimented with specific list potential areas for future academic research.

Original languageEnglish
Peer-reviewed scientific journalInternational Entrepreneurship and Management Journal
Volume15
Issue number1
Pages (from-to)1-19
Number of pages19
ISSN1554-7191
DOIs
Publication statusPublished - 15.03.2019
MoE publication typeA1 Journal article - refereed

Keywords

  • 512 Business and Management
  • Review
  • Definition
  • Sustainability
  • Digitalization
  • servitization
  • circular economy
  • business models
  • sustainable innovation
  • Networks
  • Ecosystems

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