The most important theme of the discourse on sustainable development and sustainability challenges concerns the relationship between innovation and sustainability. This book represents a realistic critical overview of the state of affairs of sustainable innovations, offering an accessible and comprehensive diagnostic point of reference for both the academic and practitioner worlds. In order for sustainable innovation to truly become mainstream practice in business it is necessary to find out how organizations can strategically and efficiently accommodate sustainability and innovation in such a manner that they accomplish value capturing (for firms, stakeholders, and for society), not merely creating a return on the social responsibility agenda. Addressing this challenge, the book draws together research from a range of perspectives in order to understand the potential shifts and barriers, benefits, and outcomes from all angles: inception, strategic process, and impact for companies and society. The book also delivers insights of (open) innovation in public sector organizations, which is not so much a process of invention as it is one of adoption and diffusion. It examines how the environmental pillar of the triple bottom line in private firms is often a by-product of thinking about the economic pillar, where cost reductions may be achieved through process innovation in terms of eliminating waste and reducing energy consumption. The impact of open innovation on process innovation, and sustainable process innovation in particular, is an underexplored area but is examined in this book. It also considers the role of the individual entrepreneur in bringing about sustainable innovation; entrepreneurs, their small- and medium-sized enterprises (SMEs), as well as the innovation ecosystems they build play a significant role in generating sustainable innovations where these smaller organizations are much more flexible than large organizations in targeting societal needs and challenges. The readership will incorporate PhD students and postgraduate researchers, as well as practitioners from organizational advisory fields.
EDITORIAL 1. Be authentic, follow through, and think holistically: Editorial thoughts on the virtuous circle that is sustainable innovation THEMATIC SECTION ONE: The strategy perspective 2. Business model innovation for sustainability: The role of stakeholder interaction and managerial cognitive change 3. Sustainable innovation for the business model of nonprofit organizations 4. Beyond the Business Model Canvas: Towards a framework of success factors in sustainability startups – an Austrian perspective THEMATIC SECTION TWO: The network perspective 5. Buyer-supplier collaboration for eco-innovations in a circular economy: A network theory approach 6. Open innovation and sustainability: On potential roles of open innovation ecosystems for a sustainability transition 7. Sustainable innovation: Drivers, barriers, and actors under an open innovation lens THEMATIC SECTION THREE: The process perspective 8. The role of research centers in developing radical innovation for sustainability 9. Making innovation sustainable: Lessons from an internal innovation idea challenge 10. Shaping sustainable innovation based on cultural values THEMATIC SECTION FOUR: The impact perspective 11. The role of sustainable innovation in building resilience 12. Strategic or symbolic?: A descriptive analysis of the application of social impact measurement in Dutch charity organizations 13. Impact of sustainable innovation on organizational performance 14. Sustainable innovation and intellectual property rights: Friends, foes or perfect strangers? 15. Challenges in measuring sustainable innovations performance: Perspectives from the agriculture plantations industry