The role of individuals as stakeholders in B2B marketing for sustainable innovation
Year of publication
2024
Authors
Vojdanian, Sajjad; Mortazavi, Sina; Kuivalainen, Olli; Faroque, Anisur
Abstract
Sustainable innovation is essential for businesses to address sustainability challenges and maintain competitiveness. However, many sustainable innovations fail to reach the goals and objectives. Strategic niche management (SNM), a means for diffusing sustainable innovation, is a process that facilitates the adoption of new sustainable technologies and innovations. In sectors where SNM has been applied, including renewable energy, transportation, and sustainable agriculture, maintaining market presence has proven to be a common obstacle. To address this gap, first, we examine the potential of business-to-business (B2B) marketing as a strategy for SNM in the sustainable products market. Then, to explore this strategy further, we examine the roles of individuals and organizations at the micro and macro levels, respectively, in B2B marketing. The study also highlights the impact of individuals as stakeholders on decision-making and setting environmental policies at the micro level as well as supporting niche market development. The findings of this research not only contribute to an understanding of the relationship between B2B marketing and SNM but also provide valuable insights on how businesses can utilize B2B marketing to drive sustainable innovation. Future research could explore case studies as a method for examining how to implement B2B marketing strategies for SNM in different industries and contexts.
Show moreOrganizations and authors
University of Vaasa
Faroque Anisur R.
Publication type
Publication format
Article
Parent publication type
Compilation
Article type
Other article
Audience
ScientificPeer-reviewed
Peer-ReviewedMINEDU's publication type classification code
A3 Book section, Chapters in research booksPublication channel information
Journal
Parent publication name
Individuals in B2B Marketing : Sensemaking and Action in Context
Parent publication editors
Ivanova-Gongne, Maria; Torkkeli, Lasse; Koporcic, Nikolina; Barner-Rаsmussen, Wilhelm
Publisher
Article number
Chapter 2
Pages
31-47
ISBN
Publication forum
Publication forum level
2
Open access
Open access in the publisher’s service
No
Self-archived
Yes
License of the self-archived publication
Muu lisenssi
Date when the embargo on self-archived document expires
21.12.2025
Other information
Fields of science
Business and management
Keywords
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Publication country
United Kingdom
Internationality of the publisher
International
Language
English
International co-publication
No
Co-publication with a company
No
DOI
10.4324/9781003388036-4
The publication is included in the Ministry of Education and Culture’s Publication data collection
Yes