Business models towards achieving sustainability: a general review

Sustainability is a term that has prevailed for decades, from the concern to generate a balance between economic growth and nature, to its integration into the business environment. The latter began for ethical reasons, then as a requirement to comply with regulatory aspects and, recently, according...

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Main Authors: Marcelino-Aranda, Mariana, Martínez-Cuevas, María del Carmen, Camacho, Alejandro D., Ortega-Reyes, Antonio Oswaldo, Torres-Ramírez, Aylin
Format: Online
Language:spa
Published: Unidad Editorial UPTC 2024
Subjects:
Online Access:https://revistas.uptc.edu.co/index.php/inquietud_empresarial/article/view/16817
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author Marcelino-Aranda, Mariana
Martínez-Cuevas, María del Carmen
Camacho, Alejandro D.
Ortega-Reyes, Antonio Oswaldo
Torres-Ramírez, Aylin
author_facet Marcelino-Aranda, Mariana
Martínez-Cuevas, María del Carmen
Camacho, Alejandro D.
Ortega-Reyes, Antonio Oswaldo
Torres-Ramírez, Aylin
author_sort Marcelino-Aranda, Mariana
collection OJS
description Sustainability is a term that has prevailed for decades, from the concern to generate a balance between economic growth and nature, to its integration into the business environment. The latter began for ethical reasons, then as a requirement to comply with regulatory aspects and, recently, according to evidence, to increase market value. The objective of this paper is to present a general review of the different proposals of business models with a sustainable approach, to understand their characteristics, limitations, and the value they offer. A qualitative perspective was applied, through a systematic review of the literature in the Web of Science (WoS) research portal of Clarivate Analytics, and an analysis of 40 documents. Due to their relevance, five proposals stand out: Sustainable Business Model, Green Business Model, Circular Business Model, Sustainable Business Model Innovation, and Green Business Model Innovation. Positioning a company as sustainable implies not only aligning economic objectives with the needs of society and the environment, but also generating and promoting the necessary changes to achieve it. JEL Codes: M10, Q51, Q56.   Received: 23/11/2023.  Accepted: 14/03/2024 Published: 19/04/2024.  
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spelling oai:oai.revistas.uptc.edu.co:article-168172024-06-13T23:20:14Z Business models towards achieving sustainability: a general review Modelos de negocio hacia el logro de la sustentabilidad: una revisión general Marcelino-Aranda, Mariana Martínez-Cuevas, María del Carmen Camacho, Alejandro D. Ortega-Reyes, Antonio Oswaldo Torres-Ramírez, Aylin Sustantability Business models Innovation Sustainable business thinking Value creation Sustentabilidad Modelos de negocio Innovación Pensamiento empresarial sustentable Creación de valor Sustainability is a term that has prevailed for decades, from the concern to generate a balance between economic growth and nature, to its integration into the business environment. The latter began for ethical reasons, then as a requirement to comply with regulatory aspects and, recently, according to evidence, to increase market value. The objective of this paper is to present a general review of the different proposals of business models with a sustainable approach, to understand their characteristics, limitations, and the value they offer. A qualitative perspective was applied, through a systematic review of the literature in the Web of Science (WoS) research portal of Clarivate Analytics, and an analysis of 40 documents. Due to their relevance, five proposals stand out: Sustainable Business Model, Green Business Model, Circular Business Model, Sustainable Business Model Innovation, and Green Business Model Innovation. Positioning a company as sustainable implies not only aligning economic objectives with the needs of society and the environment, but also generating and promoting the necessary changes to achieve it. JEL Codes: M10, Q51, Q56.   Received: 23/11/2023.  Accepted: 14/03/2024 Published: 19/04/2024.   La sustentabilidad es un término que ha prevalecido por décadas, desde la preocupación por generar un equilibrio entre el crecimiento económico y la naturaleza, hasta su integración en el ámbito empresarial. Esto último, se inició por razones éticas, después como requisito para cumplir con aspectos normativos y, recientemente, según la evidencia, para aumentar el valor de mercado. El objetivo del trabajo es presentar una revisión general de las diferentes propuestas de modelos de negocio con enfoque sustentable, para entender sus características, limitaciones y el valor que ofrecen. Se aplicó una perspectiva cualitativa, a través de la revisión sistemática de la literatura en el portal de investigación Web of Science (WoS) de Clarivate Analytics, y un análisis de 40 documentos. Por su relevancia, destacan cinco propuestas: Modelo de Negocio Sustentable, Modelo de Negocio Verde o Ecológico, Modelo de Negocio Circular, Innovación en el Modelo de Negocio Sustentable e Innovación en el Modelo de Negocio Verde. El que una empresa se posicione como sostenible implica no solo alinear los objetivos económicos con las necesidades de la sociedad y el ambiente, sino también, generar e impulsar los cambios necesarios para lograrlo. Códigos JEL: M10, Q51, Q56.    Recibido: 23/11/2023. Aceptado: 14/03/2024. Publicado: 19/04/2024. Unidad Editorial UPTC 2024-04-19 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://revistas.uptc.edu.co/index.php/inquietud_empresarial/article/view/16817 10.19053/uptc.01211048.16817 Inquietud Empresarial; Vol. 24 No. 1 (2024): Inquietud Empresarial 24(1) Enero-Junio: Special Issue on: "Organizational Studies in Innovation and Sustainability. The New Challenges in a Post Covid Era".; 1-17 Inquietud Empresarial; Vol. 24 Núm. 1 (2024): Inquietud Empresarial 24(1) Enero-Junio: Special Issue on: "Organizational Studies in Innovation and Sustainability. The New Challenges in a Post Covid Era".; 1-17 0121-1048 spa https://revistas.uptc.edu.co/index.php/inquietud_empresarial/article/view/16817/14018 Derechos de autor 2024 Mariana Marcelino-Aranda, María del Carmen Martínez-Cuevas, Alejandro D. Camacho, Antonio Oswaldo Ortega-Reyes, Aylin Torres-Ramírez https://creativecommons.org/licenses/by-nc-nd/4.0/
spellingShingle Sustantability
Business models
Innovation
Sustainable business thinking
Value creation
Sustentabilidad
Modelos de negocio
Innovación
Pensamiento empresarial sustentable
Creación de valor
Marcelino-Aranda, Mariana
Martínez-Cuevas, María del Carmen
Camacho, Alejandro D.
Ortega-Reyes, Antonio Oswaldo
Torres-Ramírez, Aylin
Business models towards achieving sustainability: a general review
title Business models towards achieving sustainability: a general review
title_alt Modelos de negocio hacia el logro de la sustentabilidad: una revisión general
title_full Business models towards achieving sustainability: a general review
title_fullStr Business models towards achieving sustainability: a general review
title_full_unstemmed Business models towards achieving sustainability: a general review
title_short Business models towards achieving sustainability: a general review
title_sort business models towards achieving sustainability a general review
topic Sustantability
Business models
Innovation
Sustainable business thinking
Value creation
Sustentabilidad
Modelos de negocio
Innovación
Pensamiento empresarial sustentable
Creación de valor
topic_facet Sustantability
Business models
Innovation
Sustainable business thinking
Value creation
Sustentabilidad
Modelos de negocio
Innovación
Pensamiento empresarial sustentable
Creación de valor
url https://revistas.uptc.edu.co/index.php/inquietud_empresarial/article/view/16817
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