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BM Experimentation

A tool for calculating the financial and sustainable business case of new Business Models

Open access

Rechten:Alle rechten voorbehouden

BM Experimentation

A tool for calculating the financial and sustainable business case of new Business Models

Open access

Rechten:Alle rechten voorbehouden

Samenvatting

This paper seeks to make a contribution to business model experimentation for
sustainability by putting forward a relatively simple tool. This tool calculates the financial and sustainability impact based on the SDG’s of a newly proposed business model (BM). BM experimentation is described by Bocken et al. (2019) as an iterative-multi-actor experimentation process. At the final experimentation phases some form of sustainability measurement will be necessary in order to validate if the new proposed business model will be achieving the aims set in the project. Despite the plethora of tools, research indicates that tools that fit needs and expectations are scarce, lack the specific focus on sustainable BM innovation, or may be too complex and demanding in terms of time commitment (Bocken, Strupeit, Whalen, & Nußholz, 2019a). In this abstract we address this gap, or current inability of calculating the financial and sustainability effect of a proposed sustainable BM in an integrated, time effective manner. By offering a practical tool that allows for this calculation, we aim to answer the research question; “How can the expected financial and sustainability impact of BMs be forecasted within the framework of BM experimentation?

Toon meer
OrganisatieDe Haagse Hogeschool
AfdelingFaculteit Business, Finance & Marketing
LectoraatLectoraat Circular Business
Gepubliceerd inProceedings of the 6th International Conference on New Business Models: New Business Models in a Decade of Action: Sustainable, Evidence-based, Impactful. Halmstad University Press, Halmstad
Jaar2021
TypeConferentiebijdrage
ISBN978-91-88749-68-0
TaalEngels

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