Sustainable Innovation: Strategy, Process and Impact

The relationship between innovation and sustainability is the most important theme of the discourse on sustainable development and sustainability challenges. This book offers a realistic critical overview of the state of sustainable innovations, offering an accessible and comprehensive diagnostic point of reference for both the academic and practitioner worlds. It draws together research from a range of perspectives to understand the potential shifts and barriers, benefits, and outcomes from all angles. It also examines the role of the individual entrepreneur in bringing about sustainable innovation, as entrepreneurs, their SMEs, and the innovation ecosystems they build play a significant role in generating sustainable innovations.

Format: Hardback
Length: 304 pages
Publication date: 14 April 2021
Publisher: Taylor & Francis Ltd

The discourse on sustainable development and sustainability challenges revolves around the intricate relationship between innovation and sustainability. This comprehensive book provides a realistic and critical assessment of the current state of sustainable innovations, offering a valuable reference point for scholars and practitioners alike. To achieve the mainstream adoption of sustainable innovation in business, it is crucial to explore how organizations can strategically integrate sustainability and innovation to create value, rather than merely fulfilling social responsibility.

Addressing this challenge, the book brings together research from diverse perspectives to understand the potential shifts, barriers, benefits, and outcomes from various angles. It delves into the inception, strategic process, and impact of sustainable innovation for companies and society. Additionally, the book sheds light on the phenomenon of open innovation in public sector organizations, highlighting its role in the adoption and diffusion of sustainable practices. It examines how the environmental pillar of the triple bottom line in private firms often emerges as a by-product of considering the economic pillar, where cost reductions can be achieved through process innovation, such as waste reduction and energy conservation.

The impact of open innovation on sustainable process innovation remains an understudied area, but this book addresses it. Furthermore, it explores the role of individual entrepreneurs in driving sustainable innovation, including their small- and medium-sized enterprises (SMEs) and the contribution of innovation ecosystems to fostering sustainable practices.

In conclusion, this book offers a comprehensive and insightful examination of the relationship between innovation and sustainability, providing valuable insights for scholars, practitioners, and policymakers alike. By integrating sustainability and innovation strategically, organizations can create value, drive positive change, and contribute to a more sustainable and resilient future.

Weight: 628g
Dimension: 161 x 241 x 25 (mm)
ISBN-13: 9780367280734