Denanjalee Gunaratne

Bio: Denanjalee Gunaratne is an academic researcher. The author has contributed to research in topics: Systematic review & Social business. The author has an hindex of 1, co-authored 1 publications receiving 6 citations.

Sustainable Business Model Innovation: An Umbrella Review

Abstract: The purpose of this paper is to conduct an umbrella review of systematic literature reviews of sustainable business model innovation. Despite its relative novelty, sustainable business model innovation is a multifaceted phenomenon. Our aim is to capture the different manifestations of sustainable business model innovation and organise their antecedents and outcomes into an integrative framework. The Web of Science database was used to identify existing systematic literature reviews. The final sample for analysis comprised 57 review articles published up to March 2021. The qualitative data analysis software NVivo was used to facilitate the analysis.

Sustainable Business Models: A Review

Abstract: During the past two decades of e-commerce growth, the concept of a business model has become increasingly popular. More recently, the research on this realm has grown rapidly, with diverse research activity covering a wide range of application areas. Considering the sustainable development goals, the innovative business models have brought a competitive advantage to improve the sustainability performance of organizations. The concept of the sustainable business model describes the rationale of how an organization creates, delivers, and captures value, in economic, social, cultural, or other contexts, in a sustainable way. The process of sustainable business model construction forms an innovative part of a business strategy. Different industries and businesses have utilized sustainable business models’ concept to satisfy their economic, environmental, and social goals simultaneously. However, the success, popularity, and progress of sustainable business models in different application domains are not clear. To explore this issue, this research provides a comprehensive review of sustainable business models literature in various application areas. Notable sustainable business models are identified and further classified in fourteen unique categories, and in every category, the progress -either failure or success- has been reviewed, and the research gaps are discussed. Taxonomy of the applications includes innovation, management and marketing, entrepreneurship, energy, fashion, healthcare, agri-food, supply chain management, circular economy, developing countries, engineering, construction and real estate, mobility and transportation, and hospitality. The key contribution of this study is that it provides an insight into the state of the art of sustainable business models in various application areas and future research directions. This paper concludes that popularity and the success rate of sustainable business models in all application domains have been increased along with the increasing use of advanced technologies.

How Entrepreneurship Sustains Barriers in the Entrepreneurial Process—A Lesson from a Developing Nation

Abstract: The aim of this study is to explore how entrepreneurship sustains the barriers in the entrepreneurial process in a developing country like Pakistan. To reach these findings, a qualitative approach was used in which semi-structured interviews were conducted with young entrepreneurs in the region of Hyderabad, Pakistan. After collecting data, thematic analysis was conducted. The findings of the study in the form of final themes suggest that trust issues, family barriers, financial issues, gender issues, educational barriers, corruption, and legal barriers are among the challenges which trigger changes in the entrepreneurial process and its sustainability. This study provides implications for the regional government, academic institutes, financial institutes, entrepreneurs, and society at large when developing a support system and promoting a sustainable entrepreneurial environment by minimizing these challenges and suggestions for an entrepreneurial focus on sustainable entrepreneurship.

Explainable Ontology-Based Intelligent Decision Support System for Business Model Design and Sustainability

Abstract: Background: Case-Based Reasoning (CBR) is a problem-solving paradigm that uses knowledge of relevant past experiences (cases) to interpret or solve new problems. CBR systems allow generating explanations easily, as they typically organize and represent knowledge in a way that makes it possible to reason about and thereby generate explanations. An improvement of this paradigm is ontology-based CBR, an approach that combines, in the form of formal ontologies, case-specific knowledge with domain one in order to improve the effectiveness and explanation capability of the system. Intelligent systems make daily activities more easily, efficiently, and represent a real support for sustainable economic development. On the one hand, they improve efficiency, productivity, and quality, and, on the other hand, can reduce costs and cut waste. In this way, intelligent systems facilitate sustainable development, economic growth, societal progress, and improve efficiency. Aim: In this vision, the purpose of this paper is to propose a new generation of intelligent decision support systems for Business Model having the ability to provide explanations to increase confidence in proposed solutions. Findings/result: The performance results obtained show the benefits of the proposed solution with different requirements of an explanatory decision support system. Consequently, applying this paradigm for software tools of business model development will make a great promise for supporting business model design, sustainability, and innovation.

Sustainable business model innovation literature: a bibliometrics analysis

Abstract: Sustainable business model innovation (SBMI) has received growing attention since it can provide sustainable competitive advantages for corporations under a dynamic external environment. This paper aims to understand the current situations and progress of SBMI research by conducting a bibliometric study of the existing literature. By collecting data from Web of Science and using bibliometric tools, the basic characteristics of SBMI research are first presented to show the productivity and citations of publications utilizing recognized bibliometric indicators. Then, the cooperation networks among countries/regions, institutions, and authors are drawn to determine their collaborative relationships. Furthermore, keyword analysis is presented to explore the evolution of the hotspots and themes of SBMI research through co-occurrence analysis, burst detection analysis, and thematic evolution analysis. Finally, we integrate the antecedents-decisions-outcomes framework for SBMI research. The findings in this study indicate that the development of SBMI research is positive and that greater collaboration among institutions and authors is required to explore the internal drivers and design SBMI as well as other topics to be developed.

Towards Systematic Sustainable Business Model Innovation: What Can We Learn from Business Model Innovation

Abstract: This research aims to understand how sustainable business model innovation (SBMI) can learn from business model innovation. For this, first, we conducted a bibliometric analysis to evaluate the relationships between business model innovation and SBMI literature. After this, we performed a systematic literature review to create a comprehensive framework for managing SBMI. The bibliometric analysis showed that the SBMI stream grew quickly and significantly in recent years, evolving into a separated new research stream, which does not leverage recent business model innovation advancements. Through the performed analyses, we were able to discuss critical gaps in the SBMI literature and shed light on possible pathways to solve these gaps through lessons learned from business model innovation. We depicted five critical gaps for managing SBMI; (1) the need to understand the sustainable business model as a wicked problem, in which SBMI leads to “better than before” solutions calling for systematic SBMI, (2) the poor definition of distinctive dimensions of dynamic capabilities for SBMI, (3) the lack of studies exploring the role of open innovation for improving the SBMI process, (4) the lack of tools supporting SBMI implementation and (5) the need to explore game-changing, competitive advantages of SBMI. The findings of this study contribute to guiding future research on SBMI, which can be a basis for further efforts towards sustainable development.