The Dilemma of Incumbents in Sustainability Transitions: A Narrative Approach

In the context of the larger sustainability discourse, “sufficiency” is beginning to emerge as a new value throughout Western societies, and the question asked in this article is: Can we observe and conceptually identify opportunities to link successful business strategies of incumbents to principle...

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Main Authors: Karoline Augenstein, Alexandra Palzkill
Format: Article
Language:English
Published: MDPI AG 2015-12-01
Series:Administrative Sciences
Subjects:
Online Access:http://www.mdpi.com/2076-3387/6/1/1
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author Karoline Augenstein
Alexandra Palzkill
author_facet Karoline Augenstein
Alexandra Palzkill
author_sort Karoline Augenstein
collection DOAJ
description In the context of the larger sustainability discourse, “sufficiency” is beginning to emerge as a new value throughout Western societies, and the question asked in this article is: Can we observe and conceptually identify opportunities to link successful business strategies of incumbents to principles of sufficiency? Thus, how feasible is sustainable entrepreneurship for incumbents? In this paper, a conceptual approach is developed combining insights from sociology, transition research, management and sustainable entrepreneurship research with a focus on narratives as a translation mechanism in situations where tensions emerge between corporate narratives and unexpected societal trends, e.g., the emergence of sufficient lifestyles. It will be shown that even though these are still a niche phenomenon, a focus on corporate narratives is an important element in understanding the role of incumbents in transitions to sustainability.
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spelling doaj.art-06f5d447e37f42d395006c280fc2f2332022-12-21T22:35:28ZengMDPI AGAdministrative Sciences2076-33872015-12-0161110.3390/admsci6010001admsci6010001The Dilemma of Incumbents in Sustainability Transitions: A Narrative ApproachKaroline Augenstein0Alexandra Palzkill1Wuppertal Institute for Climate, Environment, Energy, Döppersberg 19, Wuppertal 42103, GermanyWuppertal Institute for Climate, Environment, Energy, Döppersberg 19, Wuppertal 42103, GermanyIn the context of the larger sustainability discourse, “sufficiency” is beginning to emerge as a new value throughout Western societies, and the question asked in this article is: Can we observe and conceptually identify opportunities to link successful business strategies of incumbents to principles of sufficiency? Thus, how feasible is sustainable entrepreneurship for incumbents? In this paper, a conceptual approach is developed combining insights from sociology, transition research, management and sustainable entrepreneurship research with a focus on narratives as a translation mechanism in situations where tensions emerge between corporate narratives and unexpected societal trends, e.g., the emergence of sufficient lifestyles. It will be shown that even though these are still a niche phenomenon, a focus on corporate narratives is an important element in understanding the role of incumbents in transitions to sustainability.http://www.mdpi.com/2076-3387/6/1/1incumbents and sufficiencycorporate narrativesdilemma managementsustainability transitions
spellingShingle Karoline Augenstein
Alexandra Palzkill
The Dilemma of Incumbents in Sustainability Transitions: A Narrative Approach
Administrative Sciences
incumbents and sufficiency
corporate narratives
dilemma management
sustainability transitions
title The Dilemma of Incumbents in Sustainability Transitions: A Narrative Approach
title_full The Dilemma of Incumbents in Sustainability Transitions: A Narrative Approach
title_fullStr The Dilemma of Incumbents in Sustainability Transitions: A Narrative Approach
title_full_unstemmed The Dilemma of Incumbents in Sustainability Transitions: A Narrative Approach
title_short The Dilemma of Incumbents in Sustainability Transitions: A Narrative Approach
title_sort dilemma of incumbents in sustainability transitions a narrative approach
topic incumbents and sufficiency
corporate narratives
dilemma management
sustainability transitions
url http://www.mdpi.com/2076-3387/6/1/1
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