IDEAS home Printed from https://ideas.repec.org/a/ora/journl/v2y2024i2p53-63.html
   My bibliography  Save this article

Sustainable Business Models Research: A Bibliometric Analysis

Author

Listed:
  • Xhorxhina VANGJEL

    (Doctoral School of Economic Sciences, The University of Oradea, Oradea, Romania)

  • Olimpia BAN2

    (: Doctoral School of Economic Sciences, The University of Oradea, Oradea, Romania)

Abstract

A variety of studies are being developed to investigate sustainable business models. This research is part of a wider one and aims at the theoretical deepening of the existing paradigms in the literature. The realization of the bibliometric analysis in the field of sustainable business models was mainly influenced by the extent of this type of business models. The data in this study were collected through the use of bibliometric tools, identifying and then analyzing the most influential and cited publications from the Scopus and Google Scholar Metrics platforms for the same time periods. The keyword phrase was searched in the databases as a first step that initiates the continuation of this analysis. This action helps to obtain valuable data for the purpose of this study. The inspiration of the topic is guided by two objectives formulated in the form of research questions: In empirical studies how is the sustainability of a business evaluated? What are the dimensions that lead to the sustainability of business models, the focus on which can reveal previously unexplored directions? We emphasize that from the total of 20 studies selected for the bibliometric analysis, 14 of them are original articles and 6 are review analyses. Some criteria or exponents of research units serve to conclude the findings and conclusions of the bibliometric analysis. The construction of a comprehensive visual analysis represented in the following figures and graphs corresponds precisely to the results achieved by this research. Then, in this framework we integrate the framework findings-results for the search for sustainable business models. The findings of this study indicate that the trend of the production of academic studies in the field of sustainability of business models is relatively positive. We aim to identify the state of research and the possibility of completing it with a current documentary or empirical analysis useful for the two countries, Romania and Albania. On sustainable business models, in the future we propose to do a case study on the evolution of the production activity system from eco-design and the effective implementation of eco-innovative practices in these two countries, in order to capitalize on the results obtained from the bibliometric analysis.

Suggested Citation

  • Xhorxhina VANGJEL & Olimpia BAN2, 2024. "Sustainable Business Models Research: A Bibliometric Analysis," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 33(2), pages 53-63, December.
  • Handle: RePEc:ora:journl:v:2:y:2024:i:2:p:53-63
    as

    Download full text from publisher

    File URL: https://anale.steconomiceuoradea.ro/en/wp-content/uploads/2025/01/AUOES.December.2024.4.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Saeed Nosratabadi & Amir Mosavi & Shahaboddin Shamshirband & Edmundas Kazimieras Zavadskas & Andry Rakotonirainy & Kwok Wing Chau, 2019. "Sustainable Business Models: A Review," Sustainability, MDPI, vol. 11(6), pages 1-30, March.
    2. Donald T. Hawkins, 1977. "Unconventional uses of on‐line information retrieval systems: On‐line bibliometric studies," Journal of the American Society for Information Science, Association for Information Science & Technology, vol. 28(1), pages 13-18, January.
    3. Vinit Parida & David Sjödin & Wiebke Reim, 2019. "Reviewing Literature on Digitalization, Business Model Innovation, and Sustainable Industry: Past Achievements and Future Promises," Sustainability, MDPI, vol. 11(2), pages 1-18, January.
    4. Ali Alshehhi & Haitham Nobanee & Nilesh Khare, 2018. "The Impact of Sustainability Practices on Corporate Financial Performance: Literature Trends and Future Research Potential," Sustainability, MDPI, vol. 10(2), pages 1-25, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bencsik, Barbara & Palmié, Maximilian & Parida, Vinit & Wincent, Joakim & Gassmann, Oliver, 2023. "Business models for digital sustainability: Framework, microfoundations of value capture, and empirical evidence from 130 smart city services," Journal of Business Research, Elsevier, vol. 160(C).
    2. Daniele Eckert Matzembacher & Mervi Raudsaar & Marcia Dutra de Barcellos & Tõnis Mets, 2020. "Business Models’ Innovations to Overcome Hybridity-Related Tensions in Sustainable Entrepreneurship," Sustainability, MDPI, vol. 12(11), pages 1-17, June.
    3. Magdalena Zioło & Iwona Bąk & Anna Spoz, 2023. "Theoretical framework of sustainable value creation by companies. What do we know so far?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(5), pages 2344-2361, September.
    4. Doroteja Vidmar & Marjeta Marolt & Andreja Pucihar, 2021. "Information Technology for Business Sustainability: A Literature Review with Automated Content Analysis," Sustainability, MDPI, vol. 13(3), pages 1-24, January.
    5. Teresa Riso & Carla Morrone, 2023. "To Align Technological Advancement and Ethical Conduct: An Analysis of the Relationship between Digital Technologies and Sustainable Decision-Making Processes," Sustainability, MDPI, vol. 15(3), pages 1-21, January.
    6. Fernando E. García-Muiña & María Sonia Medina-Salgado & Anna Maria Ferrari & Marco Cucchi, 2020. "Sustainability Transition in Industry 4.0 and Smart Manufacturing with the Triple-Layered Business Model Canvas," Sustainability, MDPI, vol. 12(6), pages 1-19, March.
    7. Mercedes Grijalvo Martín & Antonia Pacios Álvarez & Joaquín Ordieres-Meré & Javier Villalba-Díez & Gustavo Morales-Alonso, 2020. "New Business Models from Prescriptive Maintenance Strategies Aligned with Sustainable Development Goals," Sustainability, MDPI, vol. 13(1), pages 1-26, December.
    8. Hornyák, Miklós & Kruzslicz, Ferenc & Lányi, Beatrix, 2023. "A kis- és középvállalatok digitális transzformációja - az online jelenlét és a versenyképesség összefüggései [The relationships between the online presence of SMEs and competitiveness]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(5), pages 517-543.
    9. Bruno Michel Roman Pais Seles & Janaina Mascarenhas & Ana Beatriz Lopes de Sousa Jabbour & Adriana Hoffman Trevisan, 2022. "Smoothing the circular economy transition: The role of resources and capabilities enablers," Business Strategy and the Environment, Wiley Blackwell, vol. 31(4), pages 1814-1837, May.
    10. Fiaz Ahmad Sulehri & Saba Sharif, 2022. "The Impact of Firm Sustainability on Firm Growth: Evidence from USA," Journal of Policy Research (JPR), Research Foundation for Humanity (RFH), vol. 8(2), pages 1-15, August.
    11. Jingsi Zhang & Liangqun Qi, 2021. "Crisis Preparedness of Healthcare Manufacturing Firms during the COVID-19 Outbreak: Digitalization and Servitization," IJERPH, MDPI, vol. 18(10), pages 1-23, May.
    12. Bowen Zhang & Johan Larsson & Wiebke Reim, 2025. "Circular Business Models for Construction Companies: A Literature Review and Future Research Directions," Sustainability, MDPI, vol. 17(10), pages 1-24, May.
    13. Tim Gruchmann & Nadine Pratt & Jan Eiten & Ani Melkonyan, 2020. "4PL Digital Business Models in Sea Freight Logistics: The Case of FreightHub," Logistics, MDPI, vol. 4(2), pages 1-14, May.
    14. Wiebke Reim & David Sjödin & Vinit Parida, 2021. "Circular business model implementation: A capability development case study from the manufacturing industry," Business Strategy and the Environment, Wiley Blackwell, vol. 30(6), pages 2745-2757, September.
    15. Halkos, George & Nomikos, Stylianos, 2021. "Corporate social responsibility: Trends in global reporting initiative standards," Economic Analysis and Policy, Elsevier, vol. 69(C), pages 106-117.
    16. da Silva, Agostinho & Almeida, Isabel, 2020. "Towards INDUSTRY 4.0 | a case STUDY in ornamental stone sector," Resources Policy, Elsevier, vol. 67(C).
    17. Sandra Yesenia Pinzon-Castro & Gonzalo Maldonado-Guzman, 2023. "Open Innovation Effects in Eco-innovation and Business Performance in Mexican Manufacturing Firms," Scientia et PRAXIS, AMIDI Editorial, vol. 3(6), pages 1-19, July-Dece.
    18. Henry Schwartz & Tomi Solakivi & Magnus Gustafsson, 2022. "Is There Business Potential for Sustainable Shipping? Price Premiums Needed to Cover Decarbonized Transportation," Sustainability, MDPI, vol. 14(10), pages 1-20, May.
    19. Sebastian Schroedel, 2023. "The Sustainable Business Model Database: 92 Patterns That Enable Sustainability in Business Model Innovation," Sustainability, MDPI, vol. 15(10), pages 1-27, May.
    20. Hellen Ogutu & Youssef El Archi & Lóránt Dénes Dávid, 2023. "Current trends in sustainable organization management: A bibliometric analysis," Oeconomia Copernicana, Institute of Economic Research, vol. 14(1), pages 11-45, March.

    More about this item

    Keywords

    bibliometric analysis; sustainable business models; current trends; divergent points; entrepreneurial sustainability.;
    All these keywords.

    JEL classification:

    • F18 - International Economics - - Trade - - - Trade and Environment
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ora:journl:v:2:y:2024:i:2:p:53-63. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catalin ZMOLE The email address of this maintainer does not seem to be valid anymore. Please ask Catalin ZMOLE to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/feoraro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.