Title: The relationship between adopting sustainability-oriented innovation practices and the business models of Brazilian industrial companies

Authors: Jordana Marques Kneipp; Clandia Maffini Gomes; Felipe Cavalheiro Zaluski; Greice Eccel Pontelli; Rodrigo Reis Favarin

Addresses: Department of Administrative Sciences, Federal University of Santa Maria – UFSM, Santa Maria, Brazil ' Department of Administrative Sciences, Federal University of Santa Maria – UFSM, Santa Maria, Brazil ' Federal University of Santa Maria, Santa Maria, Brazil ' Federal University of Santa Maria, Santa Maria, Brazil ' Federal University of Santa Maria, Santa Maria, Brazil

Abstract: This study aimed to analyse the relationship between adopting sustainability-oriented innovation practices and the business models of Brazilian industrial companies. A quantitative study was conducted using a 109-question survey with companies that benefited from the Lei do Bem (Law of Good), and quantitative data analysis was performed by structural equation modelling. The results indicated that sustainability-oriented organisational innovation, product innovation, and innovation practices positively influenced the companies' business models. By addressing sustainable innovation in the context of the business model of industrial companies, this study contributes to reducing the negative socio-environmental impacts inherent to industrial activities and inserts sustainability through innovation into their business models.

Keywords: business models; sustainable innovation; innovation practices; industrial companies.

DOI: 10.1504/IJESD.2023.132090

International Journal of Environment and Sustainable Development, 2023 Vol.22 No.3, pp.349 - 367

Received: 08 Jun 2021
Accepted: 24 Feb 2022
Published online: 11 Jul 2023 *

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