Smart Strategies And Societal Solutions For Sustainable International Business

The United Nations' 17 Sustainable Development Goals (SDGs) were set with a target date of 2030, and they represent our collective endeavors for a more sustainable future. However, seven years since their introduction, international business scholars have yet to fully comprehend their potential to lead these goals. This critical gap raises a pressing question: why has the academic community not fully harnessed its power to advance the SDGs? Amid an abundance of scholarly publications on ethics and responsible governance, corporate social responsibility (CSR), sustainable development, and environmental concerns, the spotlight has dimmed on the pivotal role that international business can play in this transformative agenda. Smart Strategies and Societal Solutions for Sustainable International Business solves this issue with chapters developed specifically for academic scholars. This book serves as a comprehensive guide to unleash the untapped potential of international business in promoting the SDGs. Covering a wide range of disciplines, from information sciences to sociology and environmental studies, it equips scholars with the knowledge and tools they need to push sustainable international business to the forefront of the global agenda. With a meticulous exploration of crucial topics such as corporate governance, digital transformation, environmental sustainability, social responsibility, and more, this book offers a blueprint for academic scholars to spearhead the charge toward a more sustainable and equitable world.

"This book aims to spark discussion and further investigation into how international commerce contributes to sustainable development"--

This is a unique book that adopts a global approach to studying international business. It stimulates research and rethinking among scholars and practitioners to understand how businesses operate internationally into lucrative markets, and their role in sustainable business growth, glocal value creation, and economic development. It provides insights into how international firms, entrepreneurs, family businesses, and other stakeholders balance the act of value creation and conducting sustainable and ethical business. The book covers economic, social, and environmental dimensions of sustainability such as poverty alleviation through FDI and remittances, diversity and inclusion in management, and ethical governance to value creation for stakeholders and profit maximization through sustainable firm growth, entrepreneurial initiatives, and sustainable business models. It addresses capacity building and the grand challenges that international business needs to develop solutions for. The chapters offer multiple types of contributions including conceptual and theoretical works, literature reviews, and empirical (qualitative and quantitative) studies. The authors, and the topics included, provide a wide international representation and illustrate multi-layered sustainable business perspectives that cover developing, emerging, and developed country contexts as well as multiple directions of international business flows.

This book describes the current innovative tendencies characteristic of multifaceted scientific research and practical developments in the field of international business development and sustainable management. This book shows how companies are forced to change development strategies and business models, which actualizes new priorities for scientific research in the field of international business and sustainable management. Therefore, completely new subject areas of research are being formed; management guidelines are being transformed; new business development tools are being developed; the very system of academic research is changing. This book “Innovative Trends in International Business and Sustainable Management” is devoted to the discussion of these and other issues related to all major areas of international business development and sustainable management. This book systematically describes multidimensional trends, challenges, and opportunities for the development of international business and sustainable management in the context of a global pandemic. In this sense, it is unique and relevant for both scientific researchers and modern business practitioners. This book uniquely highlights new priorities of scientific and practical research in the field of international business and sustainable management that require a systematic knowledge of the ongoing transformations of trends, challenges, and opportunities for the development. Aimed at scholars and practitioners, the book provides illustrations of international best practice for conducting business beyond borders. The main goals of the book are firstly to provide opinions on current innovative approaches and technologies for solving modern problems of international business, as well as on the formation of a multi-level system of sustainable management of the socioeconomic systems’ development, secondly, to integrate research from academia, as well as practitioners in order to form priorities, approaches and models of company management in the context of globalization, strategies for the development of management systems in the context of the “new reality”, thirdly, to find the most relevant new areas of research, the results of which can be useful to companies for making management decisions, and concludes to analyze new tools for the development of international business, their capabilities, and areas of application

The fate of our planet hangs in the balance, making the pursuit of sustainable development more than a mere aspiration, it is an imperative. Green Economy and Renewable Energy Transitions for Sustainable Development delves deep into the intricate web of interconnections between the environment, green economies, and energy transitions, and lays down the intellectual foundation for a sustainable future. Drawing on the wisdom of experts in fields ranging from environmental science to policy analysis, this book unveils the multifaceted strategies needed to reduce pollution, conserve biodiversity, and effectively mitigate the relentless march of climate change. Central to sustainability is a green economy—a holistic economic system that transcends profit margins to prioritize social equity, ecological balance, and robust economic growth. Through rigorous exploration and analysis, this volume showcases how sustainable production and consumption practices and judicious investments in renewable energy sources can catalyze a transformative shift towards a more sustainable global economy. The energy transition, a substantial shift from fossil fuels to renewable energy sources, emerges as the linchpin of our battle against climate change. This book deciphers the intricate dance of policies, technologies, and behavioral changes required to usher in this transition. It reveals how renewable energy sources like solar, wind, and hydropower hold the key to reducing greenhouse gas emissions and staving off the catastrophic consequences of global warming. This monograph is an invaluable resource for policymakers, researchers, educators, and anyone who aspires to be a custodian of our planet's future.

In the face of escalating environmental degradation and dwindling natural resources, the imperative for sustainable production and consumption has taken center stage, compelling companies and consumers alike to seek a more sustainable path forward. Sustainable consumption and production entail the utilization of goods and services that strive to minimize detrimental impacts on the environment. This involves reducing the utilization of natural resources, toxic substances, and polluting emissions, all while ensuring the satisfaction of future generations' needs. Sustainable Consumption Experience and Business Models in the Modern World explores the crucial interplay between sustainability, businesses, and consumers. From a business standpoint, the pressing concerns surrounding sustainability drive the emergence of innovative sustainable products, services, and business models. Simultaneously, conscientious consumers increasingly gravitate towards sustainable alternatives, embracing the purchase of eco-friendly products and services, engaging in product exchanges, do-it-yourself initiatives, acquiring second-hand items, and participating in the sharing economy. Designed for professionals, students, and researchers in the field of sustainable marketing, this book covers a wide range of disciplines, including but not limited to sustainability, sustainable marketing, green products, second-hand goods, and consumer behavior.

In today's business landscape, a pressing challenge looms large – the harmonious integration of digitalization, innovation, and sustainable development. As organizations grapple with the dizzying pace of digital transformation, they also confront the imperative of sustainability. Yet, the synergy between these two crucial facets remains uncharted territory, leaving a void in both academic discourse and practical application. Convergence of Digitalization, Innovation, and Sustainable Development in Business emerges as the much-needed solution to the complex interplay of digitalization, innovation, and sustainable development. Drawing from the insights of leading scholars and practitioners convened at the International Conference on Digitalization, Innovations, and Sustainable Development, this book offers a meticulously curated selection of papers that illuminate the path forward. For university professors, researchers, students, and industry practitioners, this book is an indispensable resource. It offers a multifaceted exploration of the intersection between digitalization and sustainable development, empowering organizations with a diverse array of digital innovative solutions and strategies. With topics spanning sustainable supply chain management, renewable energy innovations, smart cities, sustainable finance, and more, this book is poised to make a profound impact on academia and real-world decision-making processes.