TY - JOUR
T1 - Opening the black box of transition towards a sustainable business model
AU - Atkova, Irina
AU - Galkina, Tamara
AU - Yang, Man
AU - Leposky, Tiina
AU - Ahokangas, Petri
N1 - Publisher Copyright:
© 2025 The Authors
PY - 2025/1/20
Y1 - 2025/1/20
N2 - Transition towards sustainable business models (SBMs) has become an imperative practice for businesses. To ensure this change is systematic, firms need to transform all BM—creation, delivery, and capture—in a consistent manner. However, extant research lacks an understanding of the integrative mechanisms of value logic transition when modelling a business through the lens of sustainability. This study explores mechanisms for such transition towards SBMs. We follow companies operating in three traditional industries in Finland: mining, paper production, and shipbuilding. To tackle transition towards SBMs, we focus on context, intervention points, mechanisms, and outcomes of this change. We derive an integrative model that depicts how value components are transformed as a whole, thereby contributing to the literature on sustainability transitions and dynamic views of BMs.
AB - Transition towards sustainable business models (SBMs) has become an imperative practice for businesses. To ensure this change is systematic, firms need to transform all BM—creation, delivery, and capture—in a consistent manner. However, extant research lacks an understanding of the integrative mechanisms of value logic transition when modelling a business through the lens of sustainability. This study explores mechanisms for such transition towards SBMs. We follow companies operating in three traditional industries in Finland: mining, paper production, and shipbuilding. To tackle transition towards SBMs, we focus on context, intervention points, mechanisms, and outcomes of this change. We derive an integrative model that depicts how value components are transformed as a whole, thereby contributing to the literature on sustainability transitions and dynamic views of BMs.
KW - 512 Business and Management
KW - business model
KW - value creation
KW - value delivery
KW - value capture
KW - sustainable business model
UR - http://www.scopus.com/inward/record.url?scp=85215862115&partnerID=8YFLogxK
U2 - 10.1016/j.lrp.2025.102499
DO - 10.1016/j.lrp.2025.102499
M3 - Article
SN - 0024-6301
VL - 58
JO - Long Range Planning
JF - Long Range Planning
IS - 2
M1 - 102499
ER -