LAP Lambert Academic Publishing Building SME Innovation Model on Triple Bottom-line Responsibility: An Approach to Sustainability as a Profitable Strategic Value Driver

Public opinion have widely recognized that SMEs are ahead in the list of organisations harshly affected by the dynamics of globalization, this is of transcendent relevance to the worldwide community, as SMEs are the backbone of the global economy, accounting for up to 97% of global enterprises, 40-60 % of global GDP, and up to 70% of employment in the OECD. In this context, the present study investigates the correlation among responsible innovation and TBL responsible business opportunities, and how when strategically integrated in broader systems (e.g. responsible supply chains, collaborative innovation networks, etc.), TBL responsible innovation becomes a critical driver to long-term sustainability in contemporary entrepreneurial models.