Sustainability of Young Companies: Contemporary Trends and Challenges

246 Pages·2019·5.577 MB·English

by  Marek Jabłoński (editor)

Sustainability of
Young Companies
Contemporary Trends
and Challenges
Edited by
Marek Jabłoński
Printed Edition of the Special Issue Published in Sustainability
www.mdpi.com/journal/sustainability
Sustainability of Young Companies–
Contemporary Trends and Challenges

Sustainability of Young Companies–
Contemporary Trends and Challenges
SpecialIssueEditor
MarekJabłon´ski
MDPI•Basel•Beijing•Wuhan•Barcelona•Belgrade
SpecialIssueEditor
MarekJabłon´ski
WSBUniversity
Poland
EditorialOffice
MDPI
St.Alban-Anlage66
4052Basel,Switzerland
This is a reprint of articles from the Special Issue published online in the open access journal
Sustainability (ISSN 2071-1050) from 2018 to 2019 (available at: https://www.mdpi.com/journal/
sustainability/specialissues/sustainabilityyoungcompanies)
Forcitationpurposes,citeeacharticleindependentlyasindicatedonthearticlepageonlineandas
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ISBN978-3-03921-185-2(Pbk)
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(cid:2)c 2019bytheauthors. ArticlesinthisbookareOpenAccessanddistributedundertheCreative
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Contents
AbouttheSpecialIssueEditor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . vii
Prefaceto”SustainabilityofYoungCompanies–ContemporaryTrendsandChallenges” . . . ix
MarekJabłon´skiandAdamJabłon´ski
Social Factors as a Basic Driver of the Digitalization of the Business Models of
RailwayCompanies
Reprintedfrom:Sustainability2019,11,3367,doi:10.3390/su11123367 . . . . . . . . . . . . . . . . 1
SarahCheah,ShiyuliandYuen-PingHo
Mutual Support, Role Breadth Self-Efficacy, and Sustainable Job Performance of Workers in
YoungFirms
Reprintedfrom:Sustainability2019,11,3333,doi:10.3390/su11123333 . . . . . . . . . . . . . . . . 30
SarahCheahandYuen-PingHo
CoworkingandSustainableBusinessModelInnovationinYoungFirms
Reprintedfrom:Sustainability2019,11,2959,doi:10.3390/su11102959 . . . . . . . . . . . . . . . . 47
LiZhang,PingGao,YongtaoZhou,YuchuanZhangandJunhuaWang
Surviving through Incubation Based on Entrepreneurship-Specific Human Capital
Development:TheModeratingRoleofTenants’NetworkInvolvement
Reprintedfrom:Sustainability2019,11,2866,doi:10.3390/su11102866 . . . . . . . . . . . . . . . . 65
MunjaeLee,SewonParkandKyu-SungLee
WhatAretheFeaturesofSuccessfulMedicalDeviceStart-Ups?EvidencefromKOREA
Reprintedfrom:Sustainability2019,11,1948,doi:10.3390/su11071948 . . . . . . . . . . . . . . . . 84
EdytaBombiakandAnnaMarciniuk-Kluska
Socially Responsible Human Resource Management as a Concept of Fostering Sustainable
Organization-Building:ExperiencesofYoungPolishCompanies
Reprintedfrom:Sustainability2019,11,1044,doi:10.3390/su11041044 . . . . . . . . . . . . . . . . 101
MarekJabłon´ski
Value Migration to the Sustainable Business Models of Digital Economy Companies on the
CapitalMarket
Reprintedfrom:Sustainability2018,10,3113,doi:10.3390/su10093113 . . . . . . . . . . . . . . . . 129
EdytaBombiakandAnnaMarciniuk-Kluska
GreenHumanResourceManagementasaToolfortheSustainableDevelopmentofEnterprises:
PolishYoungCompanyExperience
Reprintedfrom:Sustainability2018,10,1739,doi:10.3390/su10061739 . . . . . . . . . . . . . . . . 171
HosungSon,JoosungLeeandYanghonChung
Value Creation Mechanism of Social Enterprises in Manufacturing Industry: Empirical
EvidencefromKorea
Reprintedfrom:Sustainability2018,10,46,doi:10.3390/su10010046 . . . . . . . . . . . . . . . . . 193
PyoungsooLeeandYongWonSeo
DirectionsforSocialEnterprisefromanEfficiencyPerspective
Reprintedfrom:Sustainability2017,9,1914,doi:10.3390/su9101914 . . . . . . . . . . . . . . . . . 217
v

About the Special Issue Editor
Marek Jabłon´ski is an Associate Professor at WSB University in Poznan, Faculty in Chorzow,
Poland, e-mail: [email protected]. He is the Head of the Scientific Institute of
Entrepreneurship and Innovation. He is also the Vice President of the Board of “OTTIMA Plus”
Ltd. of Katowice, a reputable management consulting company, and President of the “Southern
RailwayCluster”AssociationinKatowice, whichsupportsdevelopmentinrailwaytransportand
the transfer of innovation, as well as cooperation with European railway clusters (as a member
oftheEuropeanRailwayClusterInitiative). HeholdsapostdoctoraldegreeinEconomicScience,
specializing in Management Science in the following range of topics: value-based management,
performancemanagement,andbusinessmodels.Havingworkedasamanagementconsultantsince
1997, he is the author of a variety of studies and business analyses on business models, creating
shareholder value, the balanced scorecard, and implementing the high-performance organization
concept.Hehasalsowrittenandco-writtenseveralmonographsandover100scientificarticlesinthe
fieldsofstrategicmanagement,performancemanagement,andbusinessmodels. Marek’sacademic
interestsfocusontheissuesofstrategicvalue,innovativebusinessmodels,measurementsystemsof
results,includingcompanieslistedonthestockexchangeandtheprinciplesofcreatingshareholder
value,andnewtrendsinthisarea.
vii

Preface to ”Sustainability of Young Companies–
Contemporary Trends and Challenges”
Ensuring the sustainability of early stage companies and increasing awareness of the need
for balancing targets against different stakeholder groups among young companies are not well
developed. Young companies, in the first place, want to achieve financial success very often without
regard for aspects such as the environment, positive relationships with employees, suppliers or other
stakeholder groups, fulfilling requirements of labor law, etc. Another issue is that of companies whose
business models are based on actuarially-preferred concepts, such as sharing economy, sustainable
development, e-comers, e-commerce, renewable energy, social media, and others. A key issue is
the resignation of companies from an approach to business, based on the foundations of classical
economics to the sharing economy. Theory and practice seek new solutions in the sphere of value
sharing in these new areas of sharing, and innovative forms of its implementation. Intriguing is the
relationship of these business models with sustainability issues, as well as wondering how technology
can influence sustainability. A contemporary approach to consumer value fits in with the assumption
of a shared economy. It is interesting how it affects the assumptions of sustainability of business. The
ongoing changes in the value system of potential consumers create new conditions for the design
of sustainability business models and creation of innovation. On the basis of the abovementioned
assumptions, the key issue is to answer the following questions:
1. Whatistheproblemofsustainabilitywhenitcomestoyoungcompanies?
2. Howcanwedesignasustainablebusinessmodel?
3. What are the features of sustainable business models of companies in early stages of
development
4. Howcanwecreatesustainablestart-ups?
5. Whyarethebusinessmodelsofyoungcompaniesunstable?
6. Isthereaconnectionamongagility,flexibility,scalability,andsustainabilityofbusinessmodels
inthecontextofsmallandyoungcompanies?
7. Howcanwedesignamethodforcreatingsustainablebusinessmodels?
8. Whatarethedifferencesbetweensustainabilityforbigcompaniesandsmallcompanies?
9. Whataretherolesofstakeholdersinshapingsustainabilityforyoungcompanies?
MarekJabłon´ski
SpecialIssueEditor
ix