Innovation is vital for a company’s survival and growth. Firms that don’t innovate fall behind their competitors and ultimately go out of business.
However, traditional forms of innovation may be harmful for employees or over-exploit natural resources. “Sustainable innovation” aims to address those unintended social and environmental impacts. It involves changing a company’s products, services or processes to produce long-term social and environmental benefits while creating economic profits for the firm.
That approach can produce real benefits for businesses. For example, research shows that companies that consider stakeholders produce more patents and also more impactful patents.
NBS can guide you on the sustainable innovation journey. We have a host of resources, from case studies and examples to step-by-step guides.
And, check out our partner organization, led by NBS Founder Tima Bansal: Innovation North.
Filter Our Resources
Select a Business Goal
Select a Subtopic
Select a Format
The Latest of Sustainable Innovation
Partner with NBS to grow our resources on this topic.
The Basics of Sustainable Innovation
Ju Young Lee
| October 19, 2021
By building sustainability into innovation, companies can create products, services, and processes that are good for both society and the organization.
Do you have an idea, question, or resource related to Sustainable Innovation?
Share it with the growing NBS Sustainable Innovation community:
Sustainable Innovation Discussions
Discussions tagged with 'Sustainable Innovation'