Transformative business models for decarbonization: The case of Web Summit award-winning start-ups

Costa, Evaldo; Bento, Nuno; Fontes, Margarida

http://hdl.handle.net/10400.9/4230

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Authors

Costa, Evaldo

Bento, Nuno

Fontes, Margarida

Abstract(s)

ABSTRACT: The social demand for decarbonization has placed increasing pressure on businesses to contribute actively to mitigate the risks of a climate disruption resulting from carbon emissions. The development of new business models capable of transforming conventional systems of production and consumption and replacing them with more sustainable alternatives is one critical step towards this goal. This study combines several streams of literature including sustainability transitions and business model theories to investigate the key elements of the business models that have the potential to transform the provision of goods and services in a way that enables the transition to a low carbon society. We investigate the start-ups and relate to the extent to which they avoid, shift or improve the production or consumption of goods and services in a way that significantly reduces carbon emissions. For that, we analyze the start-ups that received innovation awards on the Web of Summit between 2014-2020.

Keywords

Decarbonization Business model Sustainability transition Technological innovation systems

URI

http://hdl.handle.net/10400.9/4230

Citation

Costa, Evaldo... et.al - Transformative business models for decarbonization: The case of Web Summit award-winning start-ups. In: 7ª Edição do Workshop Dinâmicas Socioeconómicas e Territoriais Contemporâneas: Rumos da Investigação num Mundo em Transformação. Livro de Resumos. DINÂMIA'CET-Iscte, Lisboa, Portugal, 22-23 Maio, 2023, p. 29