Sustainable business models for inclusive growth: Towards a conceptual foundation of inclusive business
The Post-2015 Development Agenda envisions a global economy with enlarged opportunities for low-income groups. Businesses are accordingly challenged to become more inclusive. What this involves in practice is anything but clear, however. This partly stems from weak and inconsistent conceptualization...
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| Format: | Journal Article |
| Language: | Inglés |
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Elsevier
2020
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| Online Access: | https://hdl.handle.net/10568/112386 |
| _version_ | 1855514055109771264 |
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| author | Schoneveld, George C. |
| author_browse | Schoneveld, George C. |
| author_facet | Schoneveld, George C. |
| author_sort | Schoneveld, George C. |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | The Post-2015 Development Agenda envisions a global economy with enlarged opportunities for low-income groups. Businesses are accordingly challenged to become more inclusive. What this involves in practice is anything but clear, however. This partly stems from weak and inconsistent conceptualizations of 'inclusive businesses' and their business models. Because development actors and academics generally offer conflicting and value-laden interpretations of these concepts, an unambiguous and theoretically grounded perspective on business inclusivity is sorely lacking. This article attempts to move the needle on extant inclusive business discourse by delineating, conceptually, what it means to be(come) an inclusive business. By drawing on the rich literature on inclusive growth, sustainable business models, social enterprise and hybrid organizations, it offers revised definitions of inclusive businesses and inclusive business models. The article argues, amongst others, that inclusive businesses necessarily prioritize value creation over value capture and should be judged based on the net value they create for 'income-constrained' groups. It furthermore proposes how the boundaries of entrepreneurial responsibility can be delimited, with implications for how sustainable business models more generally should be designed. |
| format | Journal Article |
| id | CGSpace112386 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2020 |
| publishDateRange | 2020 |
| publishDateSort | 2020 |
| publisher | Elsevier |
| publisherStr | Elsevier |
| record_format | dspace |
| spelling | CGSpace1123862025-09-25T13:01:37Z Sustainable business models for inclusive growth: Towards a conceptual foundation of inclusive business Schoneveld, George C. business model sustainable development The Post-2015 Development Agenda envisions a global economy with enlarged opportunities for low-income groups. Businesses are accordingly challenged to become more inclusive. What this involves in practice is anything but clear, however. This partly stems from weak and inconsistent conceptualizations of 'inclusive businesses' and their business models. Because development actors and academics generally offer conflicting and value-laden interpretations of these concepts, an unambiguous and theoretically grounded perspective on business inclusivity is sorely lacking. This article attempts to move the needle on extant inclusive business discourse by delineating, conceptually, what it means to be(come) an inclusive business. By drawing on the rich literature on inclusive growth, sustainable business models, social enterprise and hybrid organizations, it offers revised definitions of inclusive businesses and inclusive business models. The article argues, amongst others, that inclusive businesses necessarily prioritize value creation over value capture and should be judged based on the net value they create for 'income-constrained' groups. It furthermore proposes how the boundaries of entrepreneurial responsibility can be delimited, with implications for how sustainable business models more generally should be designed. 2020-12 2021-03-08T08:28:44Z 2021-03-08T08:28:44Z Journal Article https://hdl.handle.net/10568/112386 en Open Access Elsevier Schoneveld, G.C., 2020. Sustainable business models for inclusive growth: Towards a conceptual foundation of inclusive business. Journal of Cleaner Production, 277: 124062. https://doi.org/10.1016/j.jclepro.2020.124062 |
| spellingShingle | business model sustainable development Schoneveld, George C. Sustainable business models for inclusive growth: Towards a conceptual foundation of inclusive business |
| title | Sustainable business models for inclusive growth: Towards a conceptual foundation of inclusive business |
| title_full | Sustainable business models for inclusive growth: Towards a conceptual foundation of inclusive business |
| title_fullStr | Sustainable business models for inclusive growth: Towards a conceptual foundation of inclusive business |
| title_full_unstemmed | Sustainable business models for inclusive growth: Towards a conceptual foundation of inclusive business |
| title_short | Sustainable business models for inclusive growth: Towards a conceptual foundation of inclusive business |
| title_sort | sustainable business models for inclusive growth towards a conceptual foundation of inclusive business |
| topic | business model sustainable development |
| url | https://hdl.handle.net/10568/112386 |
| work_keys_str_mv | AT schoneveldgeorgec sustainablebusinessmodelsforinclusivegrowthtowardsaconceptualfoundationofinclusivebusiness |