Lean business model canvas and sustainable innovation business model based on the industrial synergy of microalgae cultivation
As a fundamental principle of natural resource management, sustainability encompasses a range of interrelated concepts, including operational efficiency, environmental effect minimization, and socioeconomic impact analysis. Microalgae have the capability to minimize CO2 emissions while also genera...
| Main Authors: | , , , , , , , |
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| Format: | Article |
| Language: | English |
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Elsevier Ltd
2022
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| Subjects: | |
| Online Access: | http://umpir.ump.edu.my/id/eprint/32981/ http://umpir.ump.edu.my/id/eprint/32981/1/Lean%20Business%20Model%20Canvas.pdf |
| _version_ | 1848824150885400576 |
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| author | Moshood, Taofeeq D. Nawanir, Gusman Norhana, Mohd Aripin Mohd Hanafiah, Ahmad Lee, Khai Loon Suhaidah, Hussain Sanusi, Yekinni Kolawole W. A., Ajibike |
| author_facet | Moshood, Taofeeq D. Nawanir, Gusman Norhana, Mohd Aripin Mohd Hanafiah, Ahmad Lee, Khai Loon Suhaidah, Hussain Sanusi, Yekinni Kolawole W. A., Ajibike |
| author_sort | Moshood, Taofeeq D. |
| building | UMP Institutional Repository |
| collection | Online Access |
| description | As a fundamental principle of natural resource management, sustainability encompasses a range of interrelated concepts, including operational efficiency, environmental effect
minimization, and socioeconomic impact analysis. Microalgae have the capability to minimize CO2 emissions while also generating a large volume of oil, which might make them useful in the development of the next generation of biofuels. The emphasis was on researching the technological possibility of biofuel microalgae cultivation with CO2 provision from flue gas manufacturing due to various factors influencing microalgae production. Biodiesel microalgae, on the other hand, are quiet and far from commercially viable products due to numerous bottlenecks, which can be resolved by recognizing microalgae biomass manufacture as a market advantage when combined with a production facility from the perspective of a lean business model canvas for algae cultivation and sustainable business model innovation. This article aims to establish a lean canvas business model and a sustainable, innovative business model based on the industrial synergy of microalgae cultivation in the biodiesel production pathway. The results have contributed to developing scenarios for lean business model canvas and a sustainable, innovative business model for varying degrees of transition in the business model. Improved collaboration with external stakeholders and the introduction of new consumer networks were among the many examples given. The findings of the study contribute to a better understanding of how the global market for microalgae is changing. |
| first_indexed | 2025-11-15T03:08:28Z |
| format | Article |
| id | ump-32981 |
| institution | Universiti Malaysia Pahang |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T03:08:28Z |
| publishDate | 2022 |
| publisher | Elsevier Ltd |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | ump-329812022-10-12T08:11:09Z http://umpir.ump.edu.my/id/eprint/32981/ Lean business model canvas and sustainable innovation business model based on the industrial synergy of microalgae cultivation Moshood, Taofeeq D. Nawanir, Gusman Norhana, Mohd Aripin Mohd Hanafiah, Ahmad Lee, Khai Loon Suhaidah, Hussain Sanusi, Yekinni Kolawole W. A., Ajibike H Social Sciences (General) As a fundamental principle of natural resource management, sustainability encompasses a range of interrelated concepts, including operational efficiency, environmental effect minimization, and socioeconomic impact analysis. Microalgae have the capability to minimize CO2 emissions while also generating a large volume of oil, which might make them useful in the development of the next generation of biofuels. The emphasis was on researching the technological possibility of biofuel microalgae cultivation with CO2 provision from flue gas manufacturing due to various factors influencing microalgae production. Biodiesel microalgae, on the other hand, are quiet and far from commercially viable products due to numerous bottlenecks, which can be resolved by recognizing microalgae biomass manufacture as a market advantage when combined with a production facility from the perspective of a lean business model canvas for algae cultivation and sustainable business model innovation. This article aims to establish a lean canvas business model and a sustainable, innovative business model based on the industrial synergy of microalgae cultivation in the biodiesel production pathway. The results have contributed to developing scenarios for lean business model canvas and a sustainable, innovative business model for varying degrees of transition in the business model. Improved collaboration with external stakeholders and the introduction of new consumer networks were among the many examples given. The findings of the study contribute to a better understanding of how the global market for microalgae is changing. Elsevier Ltd 2022-01-01 Article PeerReviewed pdf en cc_by_nc_nd_4 http://umpir.ump.edu.my/id/eprint/32981/1/Lean%20Business%20Model%20Canvas.pdf Moshood, Taofeeq D. and Nawanir, Gusman and Norhana, Mohd Aripin and Mohd Hanafiah, Ahmad and Lee, Khai Loon and Suhaidah, Hussain and Sanusi, Yekinni Kolawole and W. A., Ajibike (2022) Lean business model canvas and sustainable innovation business model based on the industrial synergy of microalgae cultivation. Environmental Challenges, 6 (100418). pp. 1-13. ISSN 2667-0100. (Published) https://doi.org/10.1016/j.envc.2021.100418 https://doi.org/10.1016/j.envc.2021.100418 |
| spellingShingle | H Social Sciences (General) Moshood, Taofeeq D. Nawanir, Gusman Norhana, Mohd Aripin Mohd Hanafiah, Ahmad Lee, Khai Loon Suhaidah, Hussain Sanusi, Yekinni Kolawole W. A., Ajibike Lean business model canvas and sustainable innovation business model based on the industrial synergy of microalgae cultivation |
| title | Lean business model canvas and sustainable innovation business model based on the industrial synergy of microalgae cultivation |
| title_full | Lean business model canvas and sustainable innovation business model based on the industrial synergy of microalgae cultivation |
| title_fullStr | Lean business model canvas and sustainable innovation business model based on the industrial synergy of microalgae cultivation |
| title_full_unstemmed | Lean business model canvas and sustainable innovation business model based on the industrial synergy of microalgae cultivation |
| title_short | Lean business model canvas and sustainable innovation business model based on the industrial synergy of microalgae cultivation |
| title_sort | lean business model canvas and sustainable innovation business model based on the industrial synergy of microalgae cultivation |
| topic | H Social Sciences (General) |
| url | http://umpir.ump.edu.my/id/eprint/32981/ http://umpir.ump.edu.my/id/eprint/32981/ http://umpir.ump.edu.my/id/eprint/32981/ http://umpir.ump.edu.my/id/eprint/32981/1/Lean%20Business%20Model%20Canvas.pdf |