preprints.org > social sciences > business and administrative sciences > doi: 10.20944/preprints201810.0378.v1

Preprint Article Version 1 Preserved in Portico This version is not peer-reviewed

Version 1 : Received: 13 October 2018 / Approved: 17 October 2018 / Online: 17 October 2018 (08:34:46 CEST)
Version 2 : Received: 25 January 2019 / Approved: 26 January 2019 / Online: 26 January 2019 (03:12:23 CET)
Version 3 : Received: 6 February 2019 / Approved: 6 February 2019 / Online: 6 February 2019 (15:17:52 CET)
Version 4 : Received: 21 March 2019 / Approved: 28 March 2019 / Online: 28 March 2019 (08:49:06 CET)

A sustainable business model describes the rationale of how an organization creates, delivers, and captures value, in economic, social, cultural or other contexts in a sustainable way. The process of sustainable business model construction forms an innovative part of business strategy. Different industries and business types have utilized sustainability business models to satisfy their economic, environmental and social goals simultaneously. This study is conducted to present the state of the art of sustainable business models in various application areas. The business models are classified and reviewed in different application groups. To do so, a review is conducted, and the findings reveal that the application of sustainability business models can be classified in 16 unique categories. The key contribution of this study is providing an insight about the state of the art of sustainable business models in various application areas and its research path.

sustainable development; sustainability; business model; sustainable business model; modeling; review; survey; classification; taxonomy

SOCIAL SCIENCES, Business and Administrative Sciences