Many businesses worldwide are facing big sustainability challenges. In Andrey Abadzhiev’s research in business administration, he investigates how businesses can innovate their models to be more sustainable. While past research has recognized that companies need different management methods to make these changes, it hasn’t always provided a clear or structured approach.
To help with this, Andrey has developed a typology that organizes the current knowledge on sustainable business model innovation (BMIfS). This framework identifies three key areas of management: values, knowledge, and agency. In his research, Andrey has conducted four case studies in Sweden’s wood construction industry, to show how the typology can be applied in real-world situations. In our conversation, Andrey explains the typology in more detail, and we learn more about how the results of his research can be of use to businesses that need and want to transition to sustainable business models.
Andrey Abadzhiev’s doctoral thesis can be downloaded from DiVA: Managing business model innovation for sustainability transitions: Towards a theory-based typology
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