Renewable energy production and storage technologies change the way we produce and use energy, do business with it, and innovate.
Innovation for sustainability
Pressing global problems like climate change, natural resource depletion, or poverty and inequality cannot be solved by tinkering around with business as usual. We study innovative solutions to material and energy challenges and to social issues like marginalization, exclusion, and inequality.
Our focus is on the innovation of new sustainable products, services, business models and forms of consumption. From circular economy and material efficiency to the sharing economy and collaborative consumption, we look at how new models can transform businesses and economies to increase the wellbeing of the planet and its inhabitants.
Due to the systemic nature of ecological and social challenges, sustainability-oriented innovating is increasingly collaborative. Our recent work therefore zooms into collaborative sustainability innovating of business firms and their stakeholders. As the world of business is not a vacuum, we also investigate transitions in institutional contexts that nurture or impede transitions to sustainable business models.
Frugal innovations by businesses in resource-scarce environments are one promising approach to poverty alleviation.
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.