Individual case study analysis

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This report discusses the importance of sustainable innovation with the help of examples such as bio-bean and examines the current lifestyle of an individual and how they can practice sustainable development. It also includes various factors of sustainable innovation such as reducing business cost, achieving competitive advantages, improving business reputation, growing market for sustainable goods, and driving changes with cooperative actions.

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Individual case study
analysis

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Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
PART A..................................................................................................................................3
Critically discuss the importance of sustainable innovation with the help of example such as
bio-bean .................................................................................................................................3
PART B ..........................................................................................................................................6
Examine your current lifestyle and write e reflective summary of how ill you practice
sustainable development. .......................................................................................................6
CONCLUSION...............................................................................................................................8
REFERENCES:...............................................................................................................................9
Books and Journals.................................................................................................................9
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INTRODUCTION
The sustainability is defined as the development practices which meets the needs of the
present generation without compromising the ability of future generations to meet their own
needs. It is very important for the business organisations to practice the sustainable development
in order to be effective and coefficient. It is the responsibility of the organisation to save
environment for the future generations. There are various practices which can be taken into
consideration. It is very important for an individual to consider the sustainable development in
daily practice in order to save environment for the future generations. This is the report which
will include the importance of unsustainable innovation and at last the reflection of how the
sustainable development can be practices.
MAIN BODY
PART A
Critically discuss the importance of sustainable innovation with the help of example such as bio-
bean
Sustainable innovation refers to altering and modifying various products, processes and
services of an organisation so that they can create benefits for environmental and social factors
along with maintaining their profitability. Organisations can use advanced tools and technologies
so that they can eliminate wastage from their operations in order to increase their revenue
generation. For example, bio bean also recycles coffee ground so that they can create sustainable
products out of it which can be used by consumers and other organisations. Sustainable
innovation assists organisations in establishing their brand image by commencing operations in
required manner which provide benefits to their stakeholders (Afeltra, Alerasoul and Strozzi,
2021). Organisations can enhance the performance of their products and services in their
targeted market by involving various beneficial features so that it can capture market in
appropriate manner. Sustainable innovation adds value which is required for maintaining balance
in economic and environmental factors. It is responsibility of organisation to formulate their
concepts, ideas and products in upgraded manner by using various resources so that it provides
benefits to their stakeholders. Bio bean also uses innovative models in streamlined resource
flows, improved processes, create new market segment and eliminates wastage and cost so that
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they can produce and manufacture new products in effective and efficient manner. There are
various important factors of sustainable innovation which are mentioned below:
Reduces business cost: Initially, sustainable innovation may involve some investment but
in later stages it provides higher returns to organisation by improving their sustainability in
market. It assists organisation in going green by reducing their various business cost which
results in maintaining their budget and positive manner. Organisations can use their existing raw
material with the help of advanced tools and technologies so that they can reduce wastage and
save lot of money. Governments also support organisations who implement changes in their
operations in order to maintain sustainability by providing them various benefits like rebates, tax
credits and savings. Sustainable innovations assist organisation in attracting large number of
customers which results in higher growth and profitability in best possible manner. For example,
Bio Bean aims at collecting 50,000 tonnes of grounds which are waste material for organisations
and process them in new products (Reficco, Gutiérrez, Jaén and Auletta, 2018). It help in
innovating sustainable transport fuel which is beneficial for various organisations as well for
environment.
Achievement of competitive advantages: Sustainable innovation helps organisation in
producing and offering their products and services in more effective and efficient manner. It
helps organisation in competing with their competitors with in their industry so that they can
achieve various competitive advantages. Organisations should plan their operations and
strategies so that they can manage various changes like climatic changes, fluctuations in
demands and preferences of their targeted audience and changes in government policies. In order
to provide benefits to all the elements of social and environmental factors it is important to
develop and formulate various sustainability programs. Technological innovations can be used
by organisation so that they can alter their products by using different recycling and reusing
methods in their operations.
Improve business reputation: It is one of the most important reasons why sustainable
innovations are adopted by large number of organisations. It assists in reputation management of
an organisation by establishing their positive brand image in market so that they can sustain for a
longer period of time. Companies should follow ethical practises in order to innovate their
products so that they can acquire large market area by communicating benefits and features of
their upgraded products and services (Aka, 2019). Companies like bio bean recycle coffee waste

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in order to innovate new products and services which assist various coffee shops, restaurants and
hotels who provide coffee to their customers on regular basis. They have launched Inficaf which
is a raw product generated from up cycled coffee grounds so that they can manage wastage and
effective manner. This type of innovation assists managers of companies in showing their
positive results and outcomes to their targeted customers so that they can attract them in order to
increase their profitability.
Growing market for sustainable goods: Sustainable innovation and helps customers in
changing their habits and believes towards the consumption of existing products. Some of the
products requires changes and alterations so that they can provide more benefits to the customers
in lower investment. Organisation invest huge capital in research and development so that they
can gather information how to innovate products and services so that they can satisfy the
requirements of the targeted audience. Providing innovative products and services in regular
manner results in better engagement of customers towards organisation so that they can cover a
large market area in desired manner (Füller, Hutter and Kröger, 2021). Customers can easily
willing to pay more amount to the organisation for products which involves sustainable
ingredients so that all the social and environmental elements enjoy benefits of services. Sales can
be increased of organisation by involving elements which do not harm society along with
maintaining their ecological balance in appropriate manner.
Drive changes with the help of cooperative actions: Changes in services and products can
be carried out in a meaningful manner so that company can enjoy economical increment by
minimising their wastage. Sustainable innovations results in solving large number of problems
which affect the profitability of an organisation (Mousavi, Bossink and van Vliet, 2019).
Businesses can overcome various challenges from their day today operation by implementing
innovations so that they can work in smooth manner in order to satisfy the requirements of the
targeted customers. For example, bio bean is involved in transporting waste material out of
coffee so that different organisations related to coffee can enhance their revenue generation by
maintaining their relevant budget. Different organisations commenced operations in partnership
with bio bean so that they can renew their practises and adopt strategies which innovate their
offerings by eliminating waste material in sustainable manner.
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Fro example the company Bio bean which is practising to build the various sustainable
innovation practices where it is focusing in the waste coffee grounds into the advanced biofuels.
this is the first coffee recycling factory it is very important for the organisations to take into
consideration such practices in order to be sustainable for the future generations. As it is
identified that there are limited natural resources which need to be saved. This is the company
which has been practising the sustainable innovation and it was founded in 2013 in London,
England. (Song, and et.al., ., 2022)
PART B
Examine your current lifestyle and write e reflective summary of how ill you practice sustainable
development.
As if it identified with my current lifestyle which is not properly managed. And I need to
be be more aware of the sustainable development practices which can help in bringing the right
ways of attracting the nature. It is very important for me to analyse my lifestyle where currently I
am not assure that I am using the resources in a ethical manner or not. It is very important for me
to develop the various practices in my current lifestyle. There are various practices which can be
taken into consideration which are discussed below;
Reuse paper and plastic paper bags of shopping- This is the most important practice
which I can take into consideration in my daily lives. This is most important for
practising sustainable development within the environment. I can practice of reuse of the
paper and the plastic which has been been used in the household items. The use of the
plastic bags can be minimised. It is very important that the plastic which has been used is
harming the environment. As these plastic bags are thrown away which is collected over
the seas and the animal might eat it. This is the huge problem in the environment which
is affecting nature. From our daily lifestyle I can focus on stop consuming the plastic
bags and instead I can go for the bag which is made of clot and it also can be reused.
Opting for paperless documents- This is the another practice which I can take into
consideration into my daily life where I can use the various other options available such
as internet sources. The use of less paper can be considered where I need to prepare notes
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of the learning. I can concentrate on making the notes over the computer or laptop. This
will help in minimizing the use of paper. It is very important to practice this in daily
lives. As this is affecting the nature in the numerous ways. In order to make paper there
is the cut down of several trees
Go car free- This is the another aspect of sustainable development where I can practice
in order to bring the sustainable development practice in my daily life. It is very
important that I am able to understand the various aspect of the environment and
knowing the importance of using the less of vehicles as this is creating pollution within
the environment which is very harmful to the people and the nature. I will take electric
vehicles for travelling which will create a significant impact over the environment. i

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CONCLUSION
From the above report it has been concluded that there is a significant impact of the
sustainable innovation which is required within the organisations and individual in order to have
a positive impact in future. This helps the organisation in various ways such as reducing the
business cost ,achievement in competitive advantage. It is very important that the organisation
focus on the growing market for the sustainable goods and services. There are various practices
which can be considered by an individual in order to practice the sustainability in daily life. It is
most important for an individual to know the importance of saving the natural resources for the
future generations. The use of less paper work, recycle and reuse is the various practices which
can be considered buy an individual.
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REFERENCES:
Books and Journals
Afeltra, G., Alerasoul, S.A. and Strozzi, F., 2021. The evolution of sustainable innovation: from
the past to the future. European Journal of Innovation Management.
Aka, K.G., 2019. Actor-network theory to understand, track and succeed in a sustainable
innovation development process. Journal of cleaner production, 225, pp.524-540.
Füller, J., Hutter, K. and Kröger, N., 2021. Crowdsourcing as a service–from pilot projects to
sustainable innovation routines. International Journal of Project Management, 39(2),
pp.183-195.
Mousavi, S., Bossink, B. and van Vliet, M., 2019. Microfoundations of companies' dynamic
capabilities for environmentally sustainable innovation: Case study insights from high‐
tech innovation in science‐based companies. Business Strategy and the
Environment, 28(2), pp.366-387.
Reficco, E., Gutiérrez, R., Jaén, M.H. and Auletta, N., 2018. Collaboration mechanisms for
sustainable innovation. Journal of cleaner production, 203, pp.1170-1186.
Song, and et.al., ., 2022. The effects of government subsidies on the sustainable innovation of
university-industry collaboration. Technological Forecasting and Social Change, 174,
p.121233.
Tiscini, R., Testarmata, S., Ciaburri, M. and Ferrari, E., 2020. The blockchain as a sustainable
business model innovation. Management Decision.
Kastrinos, N. and Weber, K.M., 2020. Sustainable development goals in the research and
innovation policy of the European Union. Technological Forecasting and Social
Change, 157, p.120056.
He, J. and Ortiz, J., 2021. Sustainable business modeling: The need for innovative design
thinking. Journal of Cleaner Production, 298, p.126751.
Buhl, A., Schmidt-Keilich, M., Muster, V., Blazejewski, S., Schrader, U., Harrach, C., Schäfer,
M. and Süßbauer, E., 2019. Design thinking for sustainability: Why and how design
thinking can foster sustainability-oriented innovation development. Journal of cleaner
production, 231, pp.1248-1257.
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Arslan, Z., Kausar, S., Kannaiah, D., Shabbir, M.S., Khan, G.Y. and Zamir, A., 2022. The
mediating role of green creativity and the moderating role of green mindfulness in the
relationship among clean environment, clean production, and sustainable
growth. Environmental Science and Pollution Research, 29(9), pp.13238-13252.
Buhl, A., Schmidt-Keilich, M., Muster, V., Blazejewski, S., Schrader, U., Harrach, C., Schäfer,
M. and Süßbauer, E., 2019. Design thinking for sustainability: Why and how design
thinking can foster sustainability-oriented innovation development. Journal of cleaner
production, 231, pp.1248-1257.
Guerrero‐Villegas, J., Sierra‐García, L. and Palacios‐Florencio, B., 2018. The role of sustainable
development and innovation on firm performance. Corporate Social Responsibility and
Environmental Management, 25(6), pp.1350-1362.
Kastrinos, N. and Weber, K.M., 2020. Sustainable development goals in the research and
innovation policy of the European Union. Technological Forecasting and Social
Change, 157, p.120056.
Khan, S.A. and Bohnsack, R., 2020. Influencing the disruptive potential of sustainable
technologies through value proposition design: The case of vehicle-to-grid
technology. Journal of Cleaner Production, 254, p.120018.
Kodama, M., 2018. Sustainable growth through strategic innovation: Driving congruence in
capabilities. Edward Elgar Publishing.
Polido, A., Pires, S.M., Rodrigues, C. and Teles, F., 2019. Sustainable development discourse in
smart specialization strategies. Journal of Cleaner Production, 240, p.118224.
Schaltegger, S., Beckmann, M. and Hockerts, K., 2018. Collaborative entrepreneurship for
sustainability. Creating solutions in light of the UN sustainable development
goals. International Journal of Entrepreneurial Venturing, 10(2), pp.131-152.
Von Schomberg, R. and Hankins, J. eds., 2019. International handbook on responsible
innovation: A global resource. Edward Elgar Publishing.
Yi, S. and Xiao-li, A., 2018. Application of threshold regression analysis to study the impact of
regional technological innovation level on sustainable development. Renewable and
Sustainable Energy Reviews, 89, pp.27-32.
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