Adoption of Sustainable Business Models
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Examensarbete för masterexamen
Modellbyggare
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Sammanfattning
Climate change is transforming the business environment and creates challenges for
companies. These challenges, as well as political decisions related to sustainability, puts
pressure on companies to change the way they are doing business. For companies to adapt to
the changing business environment, new business models encompassing all three dimensions
of sustainability, i.e., environment, society, and economy, must be applied. Such models are
characterised as sustainable business models and several scholars have addressed how these
could be designed. However, few are adapted to the context of small and local farmers. Thus,
the aim of the thesis is to explore how a sustainable business model can be adapted to small
and local farmers. Further, this thesis will identify factors that hinder and facilitate farmers’
ability to adopt a sustainable business model, as well as what social value is created when
adopting the business model. A case study including eleven in-depth interviews with small scale farmers was conducted to collect data. The data was analysed by applying the theoretical
framework. Additionally, the Triple Layered Business Model Canvas (TLBMC) was used to
discuss how a sustainable business model can be adapted to small-scale farmers. The results
provide four social values (Community engagement, Job opportunities, Environmental
education, and Improved quality of life), five barriers (High initial costs, Lack of knowledge
and skills, Low profitability, Lack of support from external actors, and Financial risk), and four
drivers (Protecting the environment, External support, Collaboration networks, and Demand
for sustainable products) which are considered prominent. Further, it was identified that several
building blocks in the TLBMC are important for small-scale farmers to consider. In particular,
the thesis suggests that it is important to consider the most efficient way to use time and
generate revenues, to create circular systems on the farm, and to utilise the farm as a social
platform. However, the main challenge for farmers is to be profitable while also being
environmentally and socially sustainable.
Beskrivning
Ämne/nyckelord
Sustainable Business Model, Circular Economy, Small-scale Farms, Barriers, Drivers, Social value, Triple Layered Business Model Canvas