Published March 25, 2025 | Version v1
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ECO-INNOVATIONS IN SERVICES: SUSTAINABLE DEVELOPMENT AND BUSINESS MODELS

  • 1. PhD in Economics, associate professor. Department "Economics of the Sectors" of the Institute of Management of Human Resources and Mahall Samarkand State University named after Sharof Rashidov

Description

Eco-innovations in services have emerged as a critical element in achieving sustainable development, especially in the context of a rapidly changing global economy. These innovations focus on integrating environmental considerations into the business models of service industries while promoting long-term economic growth, social equity, and environmental protection. As businesses face increasing pressure to reduce their carbon footprint and adapt to evolving consumer demands, eco-innovations offer valuable opportunities for differentiation, efficiency, and resilience. This paper explores the role of eco-innovations in services, their impact on sustainable development, and how businesses can adapt their models to foster green innovation for a sustainable future.

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References

  • 1. Bocken, N. M. P., & Short, S. W. (2016). Towards a sufficiency-driven business model: Experiences and opportunities. Environmental Innovation and Societal Transitions, 18, 41-61.
  • 2. Chou, S. Y., & Wang, W. C. (2015). The effects of green innovation on environmental and business performance: A case study of Taiwanese firms. Journal of Cleaner Production, 98, 300-311.