Services as an Alternative Path to Sustainability
AbstractTransition to a service oriented business model makes sense in economic terms; it allows the company to enjoy a triple beneficial effect: a higher profit margin, coming from more transactions, with less uncertainty. The proposed approach aims to examine whether the transition from a product manufacturing business model to a service-oriented one can be coupled with improved performance concurrently in all sustainability aspects: financial, environmental and social. The interaction between the three components of sustainability can play decisive role in the final viability of the new approach, as they can moderate or intensify the expected financial flows. Identifying the nature of the interactions allows transforming the dangers of a holistic sustainability approach to an attractive business opportunity.
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Bibliographic InfoPaper provided by Economics Department, Universitat Jaume I, Castellón (Spain) in its series Working Papers with number 2012/07.
Length: 46 pages
Date of creation: 2012
Date of revision:
Sustainability; services; profitability; Triple Bottom Line;
Find related papers by JEL classification:
- M21 - Business Administration and Business Economics; Marketing; Accounting - - Business Economics - - - Business Economics
- L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
- L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-04-03 (All new papers)
- NEP-ENE-2012-04-03 (Energy Economics)
- NEP-ENV-2012-04-03 (Environmental Economics)
- NEP-EXP-2012-04-03 (Experimental Economics)
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- Suter, Jordan F. & Spraggon, John M. & Poe, Gregory L., 2011. "Thin and lumpy: an experimental investigation of water quality trading," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 104023, Agricultural and Applied Economics Association.
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