Business Model Innovation for Sustainable Startups

Authors

  • Abdullah Shahid Center for Sustainable Business Innovation, Institute of Business Administration (IBA), Karachi, Pakistan.
  • Maria Saleem School of Management Sciences, National University of Sciences and Technology (NUST), Islamabad, Pakistan.

Keywords:

Business Model Innovation, Sustainable Startups Value Proposition, Entrepreneurial Strategies

Abstract

Business model innovation is a critical element for the sustainability and long-term success of startups, particularly in dynamic and resource-constrained environments like Pakistan. This study investigates the role of business model innovation in enabling sustainable practices in startups. By examining the relationship between innovative business models and sustainability, this paper highlights how startups in emerging economies can build value propositions that not only ensure their economic growth but also address environmental and social concerns. Drawing upon case studies and interviews with entrepreneurs, the study identifies key drivers of business model innovation, the challenges faced by startups in adopting sustainable models, and the strategies that have proven effective in driving business success. The article aims to provide actionable insights into how startups can leverage business model innovation to contribute to both business and societal sustainability.

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Published

2024-06-30