Version 1
: Received: 3 April 2024 / Approved: 3 April 2024 / Online: 4 April 2024 (16:00:38 CEST)
How to cite:
Mais, F.; Kolasch, H. Tools and Frameworks for Sustainable Business Model Innovation in the Hydrogen Context for German Steel, Cement, and Chemical Industries. Preprints2024, 2024040316. https://doi.org/10.20944/preprints202404.0316.v1
Mais, F.; Kolasch, H. Tools and Frameworks for Sustainable Business Model Innovation in the Hydrogen Context for German Steel, Cement, and Chemical Industries. Preprints 2024, 2024040316. https://doi.org/10.20944/preprints202404.0316.v1
Mais, F.; Kolasch, H. Tools and Frameworks for Sustainable Business Model Innovation in the Hydrogen Context for German Steel, Cement, and Chemical Industries. Preprints2024, 2024040316. https://doi.org/10.20944/preprints202404.0316.v1
APA Style
Mais, F., & Kolasch, H. (2024). Tools and Frameworks for Sustainable Business Model Innovation in the Hydrogen Context for German Steel, Cement, and Chemical Industries. Preprints. https://doi.org/10.20944/preprints202404.0316.v1
Chicago/Turabian Style
Mais, F. and Hannes Kolasch. 2024 "Tools and Frameworks for Sustainable Business Model Innovation in the Hydrogen Context for German Steel, Cement, and Chemical Industries" Preprints. https://doi.org/10.20944/preprints202404.0316.v1
Abstract
In the decarbonization of the steel, cement, and chemical industry in Germany, green hydrogen is expected to play a crucial role. The utilization of green hydrogen in the production processes of said industries requires organizations to modify their business model, requiring sustainable business model innovation (SBMI). Numerous tools and frameworks that support organizations in the process of SBMI have been proposed in the literature in recent years. However, the applicability of these tools and frameworks for steel, cement, and chemical companies that intend to utilize green hydrogen to produce their goods remains unexplored. By conducting a systematic literature review on tools and frameworks for SBMI, a literature and practice review to identify and analyze existing green hydrogen projects of steel, cement, and chemical companies, and an evaluation of the identified tools and frameworks in an evaluation matrix, this paper aims to assess the suitability of SBMI tools and frameworks for steel, cement, and chemical companies that plan to use green hydrogen to produce their goods. Based on the evaluation, the Cambridge Business Model Innovation Process (CBMIP) was identified as the most suitable SBMI framework.
Keywords
sustainable business model innovation; decarbonization; sustainable business model; climate change; framework; energy-intensive industries
Subject
Business, Economics and Management, Business and Management
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.