Business model innovation for sustainability in the construction sector: An institutional theory perspective
Authors
Renukappa, SureshDe Jesús Miranda Herrero, Arturo
Suresh, Subashini
Sarrakh, Redouane
Gowda, Thandava
Issue Date
2024-09-06
Metadata
Show full item recordAbstract
In recent years, sustainability has been increasingly incorporated at every fabric of the organisation. Construction organisations have a significant role in achieving the sustainability objectives. This has led to the new form of business model innovation considering sustainability aspects into the construction organisations goals and process for creating positive impact while reducing negative consequences for the environment and society while being cost-effective. This paper identified a list of the external pressure’s construction organisations needs to innovate their business models, focused on sustainable practices. The research methodology adopted was a critical review of literature. Institutional theory framework was selected to classify and examine the factors influencing the adoption of the sustainable business model innovation for construction organisations. The external drivers for construction organisations to adopt sustainable business models are classified into coercive, mimetic, and normative pressures.Citation
Renukappa, S., De Jesús Miranda Herrero, A., Suresh, S., Sarrakh, R. et al (in press) Business model innovation for sustainability in the construction sector: An institutional theory perspective. Paper presented at Achieving transformation for greater good: Societal, organisational and personal barriers and enablers, 38th British Academy of Management Conference, 2 – 6 September 2024, Nottingham Trent University, U.KPublisher
British Academy of ManagementAdditional Links
https://www.bam.ac.uk/events-landing/bam2024-conference.htmlType
Conference contributionLanguage
enDescription
This is an accepted manuscript of a paper presented at Achieving transformation for greater good: Societal, organisational and personal barriers and enablers, 38th British Academy of Management Conference, 2 – 6 September 2024, Nottingham Trent University, U.K. The accepted version of the publication may differ from the final published version.Collections
Except where otherwise noted, this item's license is described as https://creativecommons.org/licenses/by-nc-nd/4.0/