Abstract
At least since the European Union’s Eco-Innovation Action Plan, eco-innovation has received increased attention from scholars, practitioners, and policy-makers alike. Eco-innovation offers many opportunities for businesses in terms of cost reduction, competitive advantage, and sustainability. However, eco-innovative business models differ from conventional business models and have special requirements in terms of stakeholder involvement, value definition, and value creation. Facing technological progress, many businesses need guidance on how to translate the potentials arising from technological innovation into eco-innovative business models. Applying a design-based research approach, this study develops a design-based workshop concept to facilitate the development of eco-innovative business models on a firm level. The workshop concept was iteratively tested in a series of 22 workshops within the European Alpine bioeconomy sector. It transfers the specific requirements and substantive design principles of eco-innovative business models into an operative workshop concept. By building on stakeholder- and value-centred perspectives and ensuring a holistic understanding of sustainability and innovation, the paper derives a number of procedural design principles that could build the basis for further tools and methods of eco-innovative business model development.
Subject
Management, Monitoring, Policy and Law,Renewable Energy, Sustainability and the Environment,Geography, Planning and Development
Cited by
11 articles.
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