Principles and Practice of Sustainable Business Models

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Sustainable business models are the business models that can be implemented by businesses in conducting business activities in a manner that does not have any negative influence on the environment. In sustainable business models, the notion of environmental and social values is combined with the conventional business dimension. Sustainability in business is translated into the triple bottom line, which requires the businesses to manage the financial, environmental, and social implications of their actions. Social entrepreneurs employ sustainable business models for creating social value and maximizing social profit. Sustainable business models lead to development of innovations that can be used for a social purpose. This book elucidates the principles and practices with respect to sustainable business models. From theories to research to practical applications, studies related to all contemporary topics of relevance to this topic have been included herein. The book aims to serve as a resource guide for students and experts alike and contribute to the growth of study on this topic.