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Creating and Capturing Value Through Sustainability: The Sustainable Value Analysis Tool. A new tool helps companies discover opportunities to create and capture value through sustainability.

Published version
Peer-reviewed

Type

Article

Change log

Abstract

Recent research and practice have shown that business model innovation can be one way to create and capture new value and drive production and consumption toward sustainability. However, business model tools typically do not create a space to consider how sustainability concerns may be integrated into the innovation process. To address this gap, this article describes a tool that can help companies identify new opportunities to create and capture value through sustainability by analyzing value captured and uncaptured for key stakeholders across the product life cycle. The Sustainable Value Analysis Tool is shown to help companies recognize value uncaptured and turn it into opportunities; it facilitates sustainability-focused business model innovation by identifying value uncaptured—and hence, opportunities for innovation—associated with environmental and social sustainability in production, use, and disposal.

Description

Keywords

Sustainable Value Analysis Tool, sustainability, business model innovation, sustainability-focused innovation

Journal Title

Research-Technology Management

Conference Name

Journal ISSN

0895-6308
1930-0166

Volume Title

60

Publisher

Taylor & Francis
Sponsorship
Engineering and Physical Sciences Research Council (EP/L019914/1)
Engineering and Physical Sciences Research Council (EP/I033351/1)
This study was supported by the EPSRC Centre for Innovative Manufacturing in Industrial Sustainability (grant EP/I033351/1) and the EPSRC project Business Models for Sustainable Industrial Systems (grant EP/L019914/1).