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Drivers of Eco-Innovation and Leverage Through Sustainable Business Models

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Affordable and Clean Energy

Part of the book series: Encyclopedia of the UN Sustainable Development Goals ((ENUNSDG))

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Definition

The developments in our environment and society have revealed that the way we run our businesses and govern our nations is not sustainable in the long run (Boons et al. 2013; Aagaard 2019). For several years, many nations and companies have primarily acted on their own economic needs without any business considerations for the environment, and the visible consequences hereof strongly emphasize the need for companies to change their behavior toward more sustainable ways of doing business and innovation. These tendencies and developments have paved the way for eco-innovation. As social and natural needs become institutionalized through societal and cultural demands, business models will have to change radically (Birkin et al. 2009a, b), particularly as businesses are expected to ensure adaptations of these needs in order to secure legitimacy, legality, and business success. In the Lisbon Strategy, the European Commission has adopted action plans on sustainable innovation, and...

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Authors and Affiliations

  1. Department of Business Development and Technology, Aarhus University, Herning, Denmark

    Annabeth Aagaard

Authors
  1. Annabeth Aagaard
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Correspondence to Annabeth Aagaard .

Editor information

Editors and Affiliations

  1. European School of Sustainability, Hamburg University of Applied Sciences, Hamburg, Hamburg, Germany

    Walter Leal Filho

  2. Center for Neuroscience & Cell Biology, University of Coimbra, Coimbra, Portugal

    Anabela Marisa Azul

  3. Faculty of Engineering and Architecture, Passo Fundo University Faculty of Engineering and Architecture, Passo Fundo, Brazil

    Luciana Brandli

  4. Istinye University, Istanbul, Turkey

    Pinar Gökcin Özuyar

  5. International Centre for Thriving, University of Chester, Chester, UK

    Tony Wall

Section Editor information

  1. Faculty of Management and Business, Tampere University, Tampere, Finland

    Matti Sommarberg

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Aagaard, A. (2020). Drivers of Eco-Innovation and Leverage Through Sustainable Business Models. In: Leal Filho, W., Azul, A., Brandli, L., Özuyar, P., Wall, T. (eds) Affordable and Clean Energy. Encyclopedia of the UN Sustainable Development Goals. Springer, Cham. https://doi.org/10.1007/978-3-319-71057-0_14-1

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  • DOI: https://doi.org/10.1007/978-3-319-71057-0_14-1

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  • Print ISBN: 978-3-319-71057-0

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