Frugal innovations by businesses in resource-scarce environments are one promising approach to poverty alleviation.
Energy production and use account for two-thirds of the world’s greenhouse gas emissions. Our research focuses on the system-level sustainability transitions in the energy sector that are needed to mitigate climate change.
There are a number of simultaneous disruptions facing the ways energy is produced and used, driven by changes in energy generation, technologies, distribution, energy consumption, government policy and regulation. Renewable energy production and storage technologies are potentially disruptive technologies because they change the way we produce energy, but also the way we use energy, do business with it and innovate.
Smart energy solutions can cascade into new business ecosystems, leading to radical shifts in the roles of producers, service providers and consumers. These kinds of disruptive technologies can transform life, business, and ultimately the global economy.
The innovation of new sustainable products, services, business models and forms of consumption can help tackle big problems like climate change and resource depletion.
Circular economy keeps materials in use longer using strategies like reuse, remanufacture, recycling, and replacing ownership with rentals
Ethical issues are urgent in our globalized world where the public and civil governance of businesses is often underdeveloped and firms are located in different national regulatory systems.