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Sustainable Innovation of Technology and Business Models: Rethinking Business Strategy

Author

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  • Maja Levi Jaksic

    (University of Belgrade, Serbia)

Abstract

The article deals with the overall strategic perspectives of business, technology and innovation management models for sustainable development (SD). Radical changes introduced by new technological breakthroughs and innovation in the light of social, economic and ecological impacts and goals urgently call for new business and technology models and solutions. The new goals and principles of SD highly influence the establishment of a fresh business philosophy with new dimensions. In this article we present a framework that describes the essential relations and new business and technology models. The research results presented contribute to the theoretical background for creating more sustainable business and technology solutions in practice.

Suggested Citation

  • Maja Levi Jaksic, 2016. "Sustainable Innovation of Technology and Business Models: Rethinking Business Strategy," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 14(2), pages 127-139.
    • Handle: RePEc:seb:journl:v:14:y:2016:i:2:p:127-139
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    File URL: http://www.asecu.gr/Seeje/issue27/issue27-jaksic.pdf
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    References listed on IDEAS

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    2. World Commission on Environment and Development,, 1987. "Our Common Future," OUP Catalogue, Oxford University Press, number 9780192820808.
    3. John Mcintyre & Silvester Ivanaj & Vera Ivanaj, 2013. "Foundational Considerations in Balancing Innovatory Processes and Sustainable Development Practices in Comparative Light," Post-Print hal-01693293, HAL.
    4. John Mcintyre & Silvester Ivanaj & Vera Ivanaj, 2013. "Strategies for Sustainable Technologies and Innovations," Post-Print hal-01514504, HAL.
    5. Corinne Gendron, 2013. "Sustainable development through innovation?," Post-Print hal-01514523, HAL.
    6. Alexander Schieffer & Ronnie Lessem, 2009. "Beyond Social and Private Enterprise: Towards the Integrated Enterprise," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 15(4), pages 713-725, February.
    7. John Mcintyre & Silvester Ivanaj & Vera Ivanaj, 2013. "Foundational Considerations in Balancing Innovatory Processes and Sustainable Development Practices in Comparative Light," Post-Print hal-01514564, HAL.
    8. Hall, Jeremy K. & Daneke, Gregory A. & Lenox, Michael J., 2010. "Sustainable development and entrepreneurship: Past contributions and future directions," Journal of Business Venturing, Elsevier, vol. 25(5), pages 439-448, September.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Linlin Zheng & Yashi Dong & Jineng Chen & Yuyi Li & Wenzhuo Li & Miaolian Su, 2022. "Impact of Crisis on Sustainable Business Model Innovation—The Role of Technology Innovation," Sustainability, MDPI, vol. 14(18), pages 1-28, September.
    2. Maria Królak & Hanna Górska-Warsewicz & Magdalena Mądra-Sawicka & Krystyna Rejman & Sylwia Żakowska-Biemans & Julita Szlachciuk & Maksymilian Czeczotko & Bartosz Kwiatkowski & Robert Zaremba & Michał , 2022. "Towards Sustainable Innovation in the Bakery Sector—An Example of Fibre-Enriched Bread," Sustainability, MDPI, vol. 14(5), pages 1-19, February.

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    More about this item

    Keywords

    Sustainable Development; Innovation; Business and Technology Models;
    All these keywords.

    JEL classification:

    • O35 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Social Innovation
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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