Value creation ensures societal prosperity. At the same time, Sustainable Development determines the future of global human wellbeing. Both aspects are based on profound environmental, social and economic mechanisms—and both aspects are closely linked. The Sustainability Dynamics Model describes the direct and indirect effects of value creation together with the three dimensions of Sustainable Development. This contribution introduces and defines the Sustainability Dynamics Model. The effects and dynamics are exemplarily shown. Eventually, the link to circular economy is drawn. In the future, the Sustainability Dynamics Model can be used as a control model in order to predict consequences of value creation towards environmental, social and economic sustainability.
Is Part Of
Published in: Sustainable manufacturing : challenges, solutions and implementation perspectives, 10.1007/978-3-319-48514-0_2, Springer