Sustainability as a Component of Competitive Advantage
A special issue of Sustainability (ISSN 2071-1050).
Deadline for manuscript submissions: closed (31 January 2021) | Viewed by 305
Special Issue Editor
Special Issue Information
Dear Colleagues,
This proposed Special Edition will focus on how business-led sustainable action can create and support competitive advantage. The purpose is to showcase state-of-the-art evidence on the various ways in which businesses can use sustainable action as a strategic tool to maintain or grow their market share.
Most of the thinking on sustainability economics comes from the field of environmental economics. As a branch of welfare economics, the environmental economics literature approaches sustainability from the perspective that the market fails to recognize the true social value of the environment. Hence, most studies focus on how to correctly value the environment and then change market prices. This means that governments take the lead in setting incentives for businesses to follow. However, in reality businesses take sustainable action as a means of creating competitive advantage, independent of government environmental policies. This proposed Special Edition will focus on how sustainable action can open new market opportunities, create barriers to entry, achieve product differentiation, reduce cost base, and reduce regulatory and reputational risk.
Assoc. Prof. Andrew Angus
Guest Editor
Manuscript Submission Information
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Keywords
- sustainable business
- sustainability economics
- competitive advantage
- economics of organizations and strategy
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