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Transformative Business Models for Decarbonization: Insights from Prize-Winning Start-Ups at the Web Summit

2023-09Journal article Open access
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dc.contributor.authorCosta, Evaldo
dc.contributor.authorFontes, Margarida
dc.contributor.authorBento, Nuno
dc.date.accessioned2023-10-06T10:02:47Z
dc.date.available2023-10-06T10:02:47Z
dc.date.issued2023-09
dc.date.updated2023-10-05T16:50:38Z
dc.description.abstractABSTRACT: The increasing social pressure for decarbonization has placed businesses under considerable scrutiny to actively reduce carbon emissions. A critical step towards achieving this objective is to shift conventional production and consumption systems to more sustainable alternatives. Thus, there is an emergent need to understand the patterns and drivers of the transformative business models (BMs) that underpin that shift. This study adopts a mixed-methods approach that integrates different literature streams—including Sustainability Transitions Theory (STT), Strategic Niche Management (SNM), and the Business Models approach—and stakeholders’ interviews to investigate the key elements of business models that lead towards sustainable practices. This research examines the organizational arrangements of European start-ups operating between 2014 and 2020. The transformation towards decarbonized production and consumption is characterized by an efficient combination of business strategies that incorporate advanced technologies (ATs), such as artificial intelligence(AI), machine learning (ML) and its algorithms, along with sustainable elements, resulting in transformative business models. By exploring the driving elements behind the transition to low-carbon approaches, this study fills a significant gap in the existing literature on business models. The findings from this research also hold relevance for policymakers to promote decarbonization.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationCosta, Evaldo... et.al - Transformative Business Models for Decarbonization: Insights from Prize-Winning Start-Ups at the Web Summit. In: Sustainablity, 2023, vol.15 (18), article nº 14007pt_PT
dc.identifier.doi10.3390/su151814007pt_PT
dc.identifier.issn2071-1050
dc.identifier.slugcv-prod-3356238
dc.identifier.urihttp://hdl.handle.net/10400.9/4155
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherMDPIpt_PT
dc.relation.publisherversionhttps://doi.org/10.3390/su151814007pt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectDecarbonizationpt_PT
dc.subjectLow carbon energypt_PT
dc.subjectSustainable economypt_PT
dc.titleTransformative Business Models for Decarbonization: Insights from Prize-Winning Start-Ups at the Web Summitpt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.awardURIinfo:eu-repo/grantAgreement/FCT/3599-PPCDT/PTDC%2FGES-AMB%2F0934%2F2020/PT
oaire.citation.titleSustainabilitypt_PT
oaire.citation.volume15pt_PT
oaire.fundingStream3599-PPCDT
person.familyNameCosta
person.familyNameDuarte de Castro Fontes
person.familyNameBento
person.givenNameEvaldo
person.givenNameMaria Margarida
person.givenNameNuno
person.identifier2381614
person.identifierhttps://scholar.google.com/citations?user=_HrVqLQAAAAJ&hl=en
person.identifiergSDXHS8AAAAJ&hl
person.identifier.ciencia-idA514-7F67-62D0
person.identifier.ciencia-id4815-A124-9111
person.identifier.ciencia-id1B19-5AC8-66D5
person.identifier.orcid0000-0003-2528-9587
person.identifier.orcid0000-0002-2198-2061
person.identifier.orcid0000-0002-5923-0666
person.identifier.ridP-8311-2019
person.identifier.scopus-author-id57191247497
project.funder.identifierhttp://doi.org/10.13039/501100001871
project.funder.nameFundação para a Ciência e a Tecnologia
rcaap.cv.cienciaid4815-A124-9111 | Maria Margarida Duarte de Castro Fontes
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT
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relation.isAuthorOfPublication.latestForDiscovery7c63148e-2c52-42af-a717-ad2d4c258d93
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