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What is Sustainable Business Strategy

Entrepreneurial Innovation for Securing Long-Term Growth in a Short-Term Economy
A business strategy that positively affects both the environment and the society.
Published in Chapter:
Scope for Sustainability in the Fashion Industry Supply Chain: Technology and Its Impact
Kiara Carranza Gudiel (Wenzhou-Kean University, China), Rob Kim Marjerison (Wenzhou-Kean University, China), and Yuxi Zhao (Wenzhou-Kean University, China)
DOI: 10.4018/978-1-7998-3568-4.ch005
Abstract
This chapter seeks to determine whether entrepreneurial technological innovation can mitigate the intrinsic contradiction between short-term fashion and the long-term fashion industry in the supply chain to achieve environmental, economic, and social sustainability. The current fashion industry is driven by the ephemeral nature of fashion and its associated wastes which are not very sustainable. Although literature has demonstrated that operations research can be used to reduce inventory wastes, whether emerging technologies can reformat the whole mode of production in the fashion industry to be more sustainable remains unknown. Through interviewing professionals who specialize in the three key stages in the supply chain, this chapter concludes that the transition to sustainability is possible if technology is not just regarded as a tool to reduce carbon emissions, but used to materialize the sustainable design philosophy and integrated into the sustainability rebranding process in the whole supply chain from beginning to end.
Full Text Chapter Download: US $37.50 Add to Cart
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The Blue Economy and Its Long-Term Competitive Advantage: An Examination of China's Coastal Tourism
A business strategy that positively impacts both the environment and society.
Full Text Chapter Download: US $37.50 Add to Cart
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