Sustainability of Business Ecosystems

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Sustainability and Finance".

Deadline for manuscript submissions: closed (31 August 2021) | Viewed by 4753

Special Issue Editors


E-Mail Website1 Website2
Guest Editor
1. Nottingham University Business School, University of Nottingham, Nottingham NG7 2RD, UK
2. Centre for International Trade and Business in Asia (CITBA), James Cook University, Singapore 387380, Singapore
Interests: management accounting; corporate governance; corporate social responsibility; corporate finance; Africa; developing countries
JCU Singapore School of Business, James Cook University, 149 Sims Drive, Singapore 387380, Singapore
Interests: economic development; sustainable business development; international trade negotiations
Special Issues, Collections and Topics in MDPI journals

E-Mail Website
Guest Editor
Department of Business, James Cook University Singapore Campus, Singapore, Singapore
Interests: strategy; international business; green marketing; social media marketing
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

In recent years, the concept of business sustainability has become a popular research topic in both management and organization fields. Business sustainability is an executive approach that takes environmental and social problems as corporate objectives along with traditional profit objectives. It is meeting of the needs of a firm’s direct and indirect stakeholders (e.g., shareholders, employees, clients, pressure groups, communities etc.), without compromising its ability to meet the needs of future stakeholders as well. In practice, a good number of firms voluntarily evaluate their own corporate sustainability and disclose the impacts they have on the environment, society, and the economy. However, there is still a lack of consensus as to which kinds of business practice are best able to achieve sustainability, particularly when the profit-making objective cannot be aligned with concerns surrounding organizational sustainability.

The business ecosystem perspective may serve as a creative space and a practical tool to understand and formulate strategies, policies, and practices underpinning corporate sustainability. The term business ecosystem, is defined by management scholars as a loose network of independent actors, also termed as stakeholders—including suppliers, distributors, customers, competitors, and government agencies involved in the delivery of a specific product or service through both competitive and cooperative means. For businesses operating within such a business ecosystem, it is imperative that the relevant stakeholders’ concerns and/or pressures are taken into account when formulating strategies that, among other considerations, seek to achieve a balance between profitability and sustainability. 

In a global economic environment, where globalization and laissez-faire free-market policy face increasing opposition from advocates of a neo-protectionist agenda, organizations face an array of new challenges within the business ecosystem. As such, discussion surrounding the theoretical models of management and their relationship with sustainability has become particularly pertinent.

This Special Issue aims to discuss the key theoretical, empirical, and contextual mechanisms concerning the design and operationalization of sustainable business strategies, models, and practices, from a business ecosystem perspective. We are interested in understanding how businesses frame their understanding of business sustainability and the implications of this for the ecosystem. The Special Issue also seeks to explore how businesses define the boundaries of their ecosystem and the implications of this for stakeholder management and engagement. Also of interest is how firms develop sustainability policies and strategies in different socioeconomic contexts. In sum, we are interested in the form, practice, and development of business sustainability in business ecosystems.

We invite you to contribute to this issue by submitting comprehensive reviews, case studies or research articles. Submissions for the Special Issue should be made via the normal submission process.

Prof. Dr. Emmanuel Adegbite
Dr. Jacob Wood
Dr. Pengji Wang
Guest Editors

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Keywords

  • Sustainable business models
  • Green business models
  • Sustainable strategy
  • Corporate social responsibility vs. Value-based management
  • Sustainable performance management
  • Business continuity
  • Sustainable value
  • Innovation management
  • International trade and sustainability
  • Sustainability in varieties of capitalism

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Published Papers (1 paper)

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Research

12 pages, 436 KiB  
Article
How to Design Cryptocurrency Value and How to Secure Its Sustainability in the Market
by Soonduck Yoo
J. Risk Financial Manag. 2021, 14(5), 210; https://doi.org/10.3390/jrfm14050210 - 6 May 2021
Cited by 9 | Viewed by 4033
Abstract
The purpose of this study is to analyze the contents of cryptocurrency value design based on adaptability to the current market. It is also intended to provide a method of issuing cryptocurrency before its creation, and an operation method afterwards. Activities before the [...] Read more.
The purpose of this study is to analyze the contents of cryptocurrency value design based on adaptability to the current market. It is also intended to provide a method of issuing cryptocurrency before its creation, and an operation method afterwards. Activities before the creation of cryptocurrency must determine desirable behaviors and rewards to create value, and suggest countermeasures to prevent participants from engaging in undesirable behaviors. After the creation of a cryptocurrency, it is necessary to propose a method to induce scarcity and increase demand so that the value of the generated cryptocurrency can be sustained. To observe this, we looked at the contents of the value design of the eight types of cryptocurrencies currently in use in the market. Some cryptocurrencies, such as Bitcoin, are choosing mining as a reward, to secure scarcity for maintaining the value of cryptocurrency, limiting the amount of issuance, and burning the already issued cryptocurrency in the market. Also, increasing demand helps maintain the value of cryptocurrency. This study can contribute to supporting the growth of a healthy cryptocurrency market through cryptocurrency-related research. Full article
(This article belongs to the Special Issue Sustainability of Business Ecosystems)
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