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    The Dilemma of Incumbents in Sustainability Transitions: A Narrative Approach

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    Date
    2015-12
    Author
    Augenstein, Karoline
    Palzkill, Alexandra
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    Abstract
    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.
    URI
    http://hdl.handle.net/123456789/804
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    • Business and Economics [102]

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