Reprint

Sustainability of Young Companies–Contemporary Trends and Challenges

Edited by
July 2019
244 pages
  • ISBN978-3-03921-185-2 (Paperback)
  • ISBN978-3-03921-186-9 (PDF)

This book is a reprint of the Special Issue Sustainability of Young Companies–Contemporary Trends and Challenges that was published in

Business & Economics
Environmental & Earth Sciences
Social Sciences, Arts and Humanities
Summary

Ensuring the sustainability of early stage companies and increasing awareness of the need for balancing targets against different stakeholder groups among young companies are not well developed. Young companies, in the first place, want to achieve financial success very often without regard for aspects such as the environment, positive relationships with employees, suppliers or other stakeholder groups, fulfilling requirements of labor law, etc. Another issue is that of companies whose business models are based on actuarially-preferred concepts, such as sharing economy, sustainable development, e-comers, e-commerce, renewable energy, social media, and others. A key issue is the resignation of companies from an approach to business, based on the foundations of classical economics to the sharing economy. Theory and practice seek new solutions in the sphere of value sharing in these new areas of sharing, and innovative forms of its implementation. Intriguing is the relationship of these business models with sustainability issues, as well as wondering how technology can influence sustainability. A contemporary approach to consumer value fits in with the assumption of a shared economy. It is interesting how it affects the assumptions of sustainability of business. The ongoing changes in the value system of potential consumers create new conditions for the design of sustainability business models and creation of innovation.

 
Format
  • Paperback
License
© 2019 by the authors; CC BY-NC-ND licence
Keywords
social enterprises; performance evaluation; efficiency; data envelopment analysis; social enterprise; value creation; product innovation; social capital; social value; green human resource management; sustainability development; young companies; value migration; value capture; sustainable business model; digital economy; sustainability development; corporate social responsibility; sustainable enterprises; young companies; socially responsible human resource management; medical device industry; medical device start-ups; start-ups; success factor; Korea; analytical hierarchy process; China; entrepreneurship-specific human capital; incubator; incubation services; network involvement; tenants’ graduation; coworking space; creativity; social climate; sustainable business model innovation; opportunity recognition and evaluation; young firms; job performance; mutual support; role breadth self-efficacy; coworking space; digitalization; business model; social aspects; railway companies