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Digitainability: The Combined Effects of the Megatrends Digitalization and Sustainability
Author(s) -
Ulrich Lichtenthaler
Publication year - 2021
Publication title -
journal of innovation management
Language(s) - English
Resource type - Journals
ISSN - 2183-0606
DOI - 10.24840/2183-0606_009.002_0006
Subject(s) - sustainability , interdependence , carbon footprint , order (exchange) , business , ecological footprint , environmental economics , industrial organization , economics , political science , greenhouse gas , ecology , finance , biology , law
The concept of digitainability has recently been suggested to underscore potential cross-fertilization effects between digitalization and sustainability, which have often been neglected. This article draws on an innovation-based view to develop a conceptual framework for combining digitalization and sustainability in firms’ strategic initiatives. It distinguishes four settings depending on whether firms pursue either digitalization or sustainability – or both or none of them to a strong degree. Beyond the individual importance of the two megatrends, their potential positive and negative interdependencies will gain further importance, and this article underscores the need for overcoming a potential dark side of digital solutions in terms of their carbon footprint and energy consumption to enable a sustainable digital transformation. In addition, digitainability offers the opportunity to move beyond optimization and cost savings due to digitalization and sustainability initiatives in order to capture the cross-fertilization potential of these two megatrends for innovation and new business development.

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