The concept “Beyond GDP: The Italian methodology using BES” defines a complementary indicator of GDP which is able to point out a better and more complete economic measurement. This indicator is applicable at a national level, and also at a primary level of geographic area, defined as a homogeneous pedo-geo-climatic and cultural zone. Since richness and well-being for a nation are the result of a cumulative effect of all units which operate in a certain territory, from single citizen to families, from enterprises to social communities, our assumption is that BES should be a measurement effective not only at a national, regional and territory level, but even at the level of corporate organizations, and ultimately, of a specific company.
{"title":"Beyond GDP: The Italian Methodology Using BES (Equitable and Sustainable Well-Being)","authors":"Emanuele Plata","doi":"10.4468/2022.2.03plata","DOIUrl":"https://doi.org/10.4468/2022.2.03plata","url":null,"abstract":"The concept “Beyond GDP: The Italian methodology using BES” defines a complementary indicator of GDP which is able to point out a better and more complete economic measurement. This indicator is applicable at a national level, and also at a primary level of geographic area, defined as a homogeneous pedo-geo-climatic and cultural zone. Since richness and well-being for a nation are the result of a cumulative effect of all units which operate in a certain territory, from single citizen to families, from enterprises to social communities, our assumption is that BES should be a measurement effective not only at a national, regional and territory level, but even at the level of corporate organizations, and ultimately, of a specific company.","PeriodicalId":34694,"journal":{"name":"Symphonya","volume":"40 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-12-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74556134","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-12-20DOI: 10.4468/2022.2.06pasquinelli.rovai
Cecilia Pasquinelli, S. Rovai
The sustainable luxury retailing debate remains in its infancy, with a gap concerning the modalities to integrate sustainability into the luxury retail brand experience. This paper aims to shed light on the sustainability implications for competitive luxury stores embedded in their hosting cities. It addressed the relationship between place and luxury retailing, discussing the research hypothesis of the store-hosting city connections as modalities to integrate sustainability into the luxury store experience. This study proposes two case studies, Favotell in Shanghai (China) and Luisaviaroma in Florence (Italy). A cross-case analysis supports the definition of a multi-level framework explaining the concept store experience. The three “nested” spatial levels are the store, the fashion city and the urban brandscape. Findings reveal drivers facilitating, differentiating, and innovating the luxury store experience and suggest research avenues on the social and territorial dimensions of sustainable retailing.
{"title":"Sustainability Through the “Nested” Luxury Retail Experience","authors":"Cecilia Pasquinelli, S. Rovai","doi":"10.4468/2022.2.06pasquinelli.rovai","DOIUrl":"https://doi.org/10.4468/2022.2.06pasquinelli.rovai","url":null,"abstract":"The sustainable luxury retailing debate remains in its infancy, with a gap concerning the modalities to integrate sustainability into the luxury retail brand experience. This paper aims to shed light on the sustainability implications for competitive luxury stores embedded in their hosting cities. It addressed the relationship between place and luxury retailing, discussing the research hypothesis of the store-hosting city connections as modalities to integrate sustainability into the luxury store experience. This study proposes two case studies, Favotell in Shanghai (China) and Luisaviaroma in Florence (Italy). A cross-case analysis supports the definition of a multi-level framework explaining the concept store experience. The three “nested” spatial levels are the store, the fashion city and the urban brandscape. Findings reveal drivers facilitating, differentiating, and innovating the luxury store experience and suggest research avenues on the social and territorial dimensions of sustainable retailing.","PeriodicalId":34694,"journal":{"name":"Symphonya","volume":"45 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-12-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76969778","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-12-20DOI: 10.4468/2022.2.04gennari
F. Gennari
COVID-19 pandemic crisis threatened the stability of economy and the survival of many firms, but it has been also the chance to challenge the current economic development path and to rethink firms’ business models according to a more sustainable approach. Academic literature states that business model (BM) innovation is a driver for the transition to sustainability. Sustainable business models (SBMs) incorporate sustainability vision in the main components of business model, which are value proposition, value creation and value capturing. Nevertheless, the usual approach to business models, based on a positive concept of value, can underestimate some areas of potential opportunities to catch. For this reason, in this paper we suggest to adopt a novelty approach that emphasizes the negative concept of value (value uncaptured) to identify unexploited value opportunities. This approach can help firms innovating their BMs towards SBMs.
{"title":"Sustainable Business Model Innovation: From Value Uncaptured to Value Opportunities","authors":"F. Gennari","doi":"10.4468/2022.2.04gennari","DOIUrl":"https://doi.org/10.4468/2022.2.04gennari","url":null,"abstract":"COVID-19 pandemic crisis threatened the stability of economy and the survival of many firms, but it has been also the chance to challenge the current economic development path and to rethink firms’ business models according to a more sustainable approach. Academic literature states that business model (BM) innovation is a driver for the transition to sustainability. Sustainable business models (SBMs) incorporate sustainability vision in the main components of business model, which are value proposition, value creation and value capturing. Nevertheless, the usual approach to business models, based on a positive concept of value, can underestimate some areas of potential opportunities to catch. For this reason, in this paper we suggest to adopt a novelty approach that emphasizes the negative concept of value (value uncaptured) to identify unexploited value opportunities. This approach can help firms innovating their BMs towards SBMs. ","PeriodicalId":34694,"journal":{"name":"Symphonya","volume":"75 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-12-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80805108","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-31DOI: 10.4468/2022.1.02brondoni
S. Brondoni
The Russian-Ukrainian war shows a rapidly (and a long-term, probably) worsening outlook for the world economy, that will change specifically the European sustainable development. In addition to COVID-19’s tremendous impact on global economies, the Russian-Ukrainian war is producing a new major economic shock, pushing the biggest global corporations towards an outburst of the basic drivers of global capitalism: Health; Energy; Food; Communication. In the current state of play of market globalisation (Network Globalisation), a company’s profit and development objectives are induced to target R&D spending on innovation policies in which the boundaries between imitation and innovation are fluid, and anyway dominated by shortage management policies.
{"title":"Russian-Ukrainian War, Innovation, Creative Imitation & Sustainable Development","authors":"S. Brondoni","doi":"10.4468/2022.1.02brondoni","DOIUrl":"https://doi.org/10.4468/2022.1.02brondoni","url":null,"abstract":"The Russian-Ukrainian war shows a rapidly (and a long-term, probably) worsening outlook for the world economy, that will change specifically the European sustainable development. In addition to COVID-19’s tremendous impact on global economies, the Russian-Ukrainian war is producing a new major economic shock, pushing the biggest global corporations towards an outburst of the basic drivers of global capitalism: Health; Energy; Food; Communication. In the current state of play of market globalisation (Network Globalisation), a company’s profit and development objectives are induced to target R&D spending on innovation policies in which the boundaries between imitation and innovation are fluid, and anyway dominated by shortage management policies.","PeriodicalId":34694,"journal":{"name":"Symphonya","volume":"35 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74221104","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-31DOI: 10.4468/2022.1.03ricotti
Paolo Ricotti
We are currently living a dramatic change driven by a Global Shift that is shaping a very different geopolitical settlement with a new environmental and social emergency together with a different industrial cycle and consequent overall corporate paradigm. A new Renaissance Economy is therefore foreseeable where intangible values – more than tangible matters – represent the true sustainable evolution able of evolving the notion of “profit”, however not denying it.
{"title":"Global Shift and The New Sustainable Corporate Paradigm","authors":"Paolo Ricotti","doi":"10.4468/2022.1.03ricotti","DOIUrl":"https://doi.org/10.4468/2022.1.03ricotti","url":null,"abstract":"We are currently living a dramatic change driven by a Global Shift that is shaping a very different geopolitical settlement with a new environmental and social emergency together with a different industrial cycle and consequent overall corporate paradigm. A new Renaissance Economy is therefore foreseeable where intangible values – more than tangible matters – represent the true sustainable evolution able of evolving the notion of “profit”, however not denying it.","PeriodicalId":34694,"journal":{"name":"Symphonya","volume":"372 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77979626","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-31DOI: 10.4468/2022.1.09vieira.li.scotina
Edward T. Vieira, Yulong Li, Anthony D Scotina
This paper deployed a network-based computational content analysis approach to uncover the major themes and targeted stakeholder groups presented in the top leadership’s corporate social responsibility (CSR) reports’ introductory letters for eleven major global vehicle manufacturers for the period 2018-2020. Themes were based on the 3Ps of sustainability (people, planet, and profit), basic business practices (economic, legal, ethical, and philanthropic) in the context of CSR, time orientation of the themes whether short- or long- term, and identified targeted stakeholder groups. This study is unique in that the extant literature reveals no research examining CSR disclosure in the automobile industry from both a sustainable goal-directed and practices perspective incorporating potential influences of the COVID-19 pandemic. Results revealed that some vehicle manufacturers focused on investor and economic activities while others communicated a general social responsibility message. During 2020, greater emphasis was placed on investors and somewhat less on society in general. Findings suggest the need for a more balanced representation geared toward addressing pandemic and post-pandemic challenges as well as traditional automotive manufacturing considerations.
{"title":"Global Automakers. CSR Reporting and Targeted Stakeholders 2018-2020 : American English","authors":"Edward T. Vieira, Yulong Li, Anthony D Scotina","doi":"10.4468/2022.1.09vieira.li.scotina","DOIUrl":"https://doi.org/10.4468/2022.1.09vieira.li.scotina","url":null,"abstract":"This paper deployed a network-based computational content analysis approach to uncover the major themes and targeted stakeholder groups presented in the top leadership’s corporate social responsibility (CSR) reports’ introductory letters for eleven major global vehicle manufacturers for the period 2018-2020. Themes were based on the 3Ps of sustainability (people, planet, and profit), basic business practices (economic, legal, ethical, and philanthropic) in the context of CSR, time orientation of the themes whether short- or long- term, and identified targeted stakeholder groups. This study is unique in that the extant literature reveals no research examining CSR disclosure in the automobile industry from both a sustainable goal-directed and practices perspective incorporating potential influences of the COVID-19 pandemic. Results revealed that some vehicle manufacturers focused on investor and economic activities while others communicated a general social responsibility message. During 2020, greater emphasis was placed on investors and somewhat less on society in general. Findings suggest the need for a more balanced representation geared toward addressing pandemic and post-pandemic challenges as well as traditional automotive manufacturing considerations.","PeriodicalId":34694,"journal":{"name":"Symphonya","volume":"42 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89426004","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-31DOI: 10.4468/2022.1.07dirienzo
Loreto Di Rienzo
Dyloan group is a combination of different organizations with a shared vision. Bond Factory, located in the Italian region of Abruzzo, the manufacturing site able to create unique collections and products with a flexible and pioneering eye for the industry; and D-house, in the city of Milan, the R&D division and showroom that empowers technological innovation and creative synergies conquering the heart of fashion & design professionals and brands. The companies that have decided to embrace the values of sustainability and resilience and have chosen to go against the market trends of the last decade today can claim a position of strong advantage among stakeholders, both from an economic and a cultural angle.
{"title":"Textile Sustainability Approach. The Dyloan Experience","authors":"Loreto Di Rienzo","doi":"10.4468/2022.1.07dirienzo","DOIUrl":"https://doi.org/10.4468/2022.1.07dirienzo","url":null,"abstract":"Dyloan group is a combination of different organizations with a shared vision. Bond Factory, located in the Italian region of Abruzzo, the manufacturing site able to create unique collections and products with a flexible and pioneering eye for the industry; and D-house, in the city of Milan, the R&D division and showroom that empowers technological innovation and creative synergies conquering the heart of fashion & design professionals and brands. The companies that have decided to embrace the values of sustainability and resilience and have chosen to go against the market trends of the last decade today can claim a position of strong advantage among stakeholders, both from an economic and a cultural angle.","PeriodicalId":34694,"journal":{"name":"Symphonya","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74385208","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-31DOI: 10.4468/2022.1.01ouverture
S. Brondoni, Paolo Ricotti
The economies of many developed countries are increasingly marked by businesses focused on a hard-liberal spiral. In global markets, companies are nowadays exposed to socio-environmental forces on a vast scale. This calls for a modern code of corporate social responsibility that clearly demonstrates the company’s global corporate responsibility in the overall framework of sustainable growth. On the demand side, moreover, consumption styles will progressively change increasing the degree of satisfaction and fulfilment of people in any place of the world. The result is represented by a ‘Transformative Development’, which will compel a “win-win” situation with an overall better life quality, labour conditions and a healthy economy, which can ensure lasting wellbeing and respect for life in an entirely sustainable environment.
{"title":"Ouverture de “Emerging Issues of Sustainability Management”","authors":"S. Brondoni, Paolo Ricotti","doi":"10.4468/2022.1.01ouverture","DOIUrl":"https://doi.org/10.4468/2022.1.01ouverture","url":null,"abstract":"The economies of many developed countries are increasingly marked by businesses focused on a hard-liberal spiral. In global markets, companies are nowadays exposed to socio-environmental forces on a vast scale. This calls for a modern code of corporate social responsibility that clearly demonstrates the company’s global corporate responsibility in the overall framework of sustainable growth. On the demand side, moreover, consumption styles will progressively change increasing the degree of satisfaction and fulfilment of people in any place of the world. The result is represented by a ‘Transformative Development’, which will compel a “win-win” situation with an overall better life quality, labour conditions and a healthy economy, which can ensure lasting wellbeing and respect for life in an entirely sustainable environment.","PeriodicalId":34694,"journal":{"name":"Symphonya","volume":"2 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89198623","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-31DOI: 10.4468/2022.1.05costaguta
Marco Costaguta
The attitude of large industrial groups towards the issue of sustainability has evolved considerably over time. In a first phase sustainability was seen as a necessary evil. In a second phase, large companies understood that the issue was of vital importance to stay in business. Only recently has the issue become one of competitiveness on the market. Finally, in global markets, the financial world seeks and rewards sustainable companies, as demonstrated today by the multiples.
{"title":"Sustainable Practices in Large Companies","authors":"Marco Costaguta","doi":"10.4468/2022.1.05costaguta","DOIUrl":"https://doi.org/10.4468/2022.1.05costaguta","url":null,"abstract":"The attitude of large industrial groups towards the issue of sustainability has evolved considerably over time. In a first phase sustainability was seen as a necessary evil. In a second phase, large companies understood that the issue was of vital importance to stay in business. Only recently has the issue become one of competitiveness on the market. Finally, in global markets, the financial world seeks and rewards sustainable companies, as demonstrated today by the multiples.","PeriodicalId":34694,"journal":{"name":"Symphonya","volume":"20 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81831604","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-31DOI: 10.4468/2022.1.06vlachos.tsitouras.tsimpida.bitzenis
Vasileios Vlachos, Antonis Tsitouras, Chrysanthi Tsimpida, Aristidis P. Bitzenis
Considering the significant decrease of investment and GDP in Greece, and the goal of achieving a V-shaped post-COVID-19 recovery, inward FDI could be regarded as a source of productive private investment. This study aims to indicate differences in the factors determining inward FDI in Greece before and after the great crisis and the role of the informal economy on Greece’s inward FDI. This study explores the perceptions of multinational enterprises’ upper management regarding motives of and barriers to locating their activities in Greece, the role of the informal economy and how these perceptions changed before and after the great economic crisis of late 2000s. The results indicate that the relation between inward FDI and the informal economy depends on types of entry and that tax evasion opportunities can impact positively on the motives of foreign investors.
{"title":"Motives and barriers to the location of MNEs and the role of the informal economy: The case of Greece","authors":"Vasileios Vlachos, Antonis Tsitouras, Chrysanthi Tsimpida, Aristidis P. Bitzenis","doi":"10.4468/2022.1.06vlachos.tsitouras.tsimpida.bitzenis","DOIUrl":"https://doi.org/10.4468/2022.1.06vlachos.tsitouras.tsimpida.bitzenis","url":null,"abstract":"Considering the significant decrease of investment and GDP in Greece, and the goal of achieving a V-shaped post-COVID-19 recovery, inward FDI could be regarded as a source of productive private investment. This study aims to indicate differences in the factors determining inward FDI in Greece before and after the great crisis and the role of the informal economy on Greece’s inward FDI. This study explores the perceptions of multinational enterprises’ upper management regarding motives of and barriers to locating their activities in Greece, the role of the informal economy and how these perceptions changed before and after the great economic crisis of late 2000s. The results indicate that the relation between inward FDI and the informal economy depends on types of entry and that tax evasion opportunities can impact positively on the motives of foreign investors.","PeriodicalId":34694,"journal":{"name":"Symphonya","volume":"76 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86692863","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}